Pocketful of Quarters Officially Launches with First and Only Compliant and Interoperable Video Game Currency for the Metaverse

- Leading blockchain gaming project, Pocketful of Quarters (POQ), officially launched today following two years in stealth mode, and announced a strategic partnership with Klaytn, Kakao's global public blockchain project. POQ will be a part of Klaytn's $500M Growth Fund, which will accelerate the adoption of its universal gaming token, Quarters, and the Klaytn platform. Quarters is the first and only compliant and interoperable game token on the blockchain and is accessible across more than 100 games and platforms. This partnership will enable a connected metaverse, empower players to move seamlessly between virtual worlds, all while providing a new digital currency that unleashes gameplay.

Pocketful of Quarters Officially Launches with First and Only Compliant and Interoperable Video Game Currency for the Metaverse

"Players want the metaverse to be fun, safe and interoperable, but today's video games are fragmented, with millions of incompatible virtual currencies and experiences," said Michael Weiksner , co-founder and CEO of POQ. "Our partnership with Klaytn will help accelerate our ambitious plans to create the interoperable game token for the metaverse."

Klatyn, backed by Kakao, is the largest public blockchain that is dedicated to working with the best gaming publishers in Asia and around the world, bringing fast, affordable and high throughput transactions. As Klaytn's first acceleration partner in the United States , POQ will help support adoption with grants for developers and other owners of video games through Klaytn's $500M Growth Fund.

"Our video game partners tell us that they want a blockchain toolkit that is compliant and makes sense to implement," says David Shin , Head of Global Adoption at Klatyn. "With its historic SEC no action letter and simple API, POQ is our integration partner to bring video games and the metaverse to the Klaytn blockchain."

Quarters is a game-agnostic, digital utility token designed for the sole purpose of gameplay that empowers players with the freedom and agility to move from one game to another. The cross-platform currency also offers greater flexibility to developers over how they build, distribute, monetize and cross-market games, ultimately empowering them to create rich, new multiplayer experiences without losing creative and economic control to publishers. Additionally, POQ offers Q2 tokens, unique governance and burn tokens that allow investors to participate in revenue through the sale of Quarters. Q2 tokens give players, influencers, developers and investors the ability to help govern the new Quarters multiverse.

For more information, visit www.poq.gg .

About Pocketful of Quarters
Pocketful of Quarters (POQ) is taking back video games for players with its Quarters, a game and platform agnostic digital currency that enables players to seamlessly move tokens and assets between games and utilize them across hundreds of gaming titles and genres. Quarters is the first-ever token to receive an SEC no-action letter for a blockchain token, making them both safe and compliant. Additionally, with POQ's patented Zero-click transfer technology, players can earn and spend blockchain and crypto tokens just by taking actions within games.

Backed by an all-star team of advisors like Michelle Phan (Co-Founder of Ipsy) and Chris Cross (Formerly of Blizzard Entertainment, THQ, EA, and DreamWorks Interactive), Pocketful of Quarters aims to empower players with choice and transform the way they play with a universal currency across all games.

About Klaytn Foundation
Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy. Officially launched in June 2019 , it is the dominant blockchain platform in South Korea and is now undergoing global business expansion from its international base in Singapore .

These business expansion activities are supported by the $500M USD Klaytn Growth Fund, which aims to grow the ecosystem of companies built on Klaytn. The fund is managed and disbursed by Klaytn Foundation, a Singapore -based non-profit organization established in August 2021 .

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/pocketful-of-quarters-officially-launches-with-first-and-only-compliant-and-interoperable-video-game-currency-for-the-metaverse-301485928.html

SOURCE POQ.gg

News Provided by PR Newswire via QuoteMedia

GAMING00
The Conversation (0)
East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
NorthStar Gaming Holdings (TSXV:BET)

NorthStar Gaming Holdings


Keep reading...Show less
Person holding phone that says "GameStop" in front of stock trading charts.

GameStop Frenzy Cools, E*Trade Considers Roaring Kitty Ban

GameStop (NYSE:GME) continues to cool following a trading frenzy that drove shares up by 75 percent between the close of trading last Friday (May 31) and the start of trading on Monday (June 3).

The brief rally, which took GameStop shares to US$40.09 on Monday morning, was sparked by a Reddit (NYSE:RDDT) post made late Sunday (June 2) by an account tied to the video game retailer's most prominent supporter, Keith Gill.

Gill, who ignited the meme stock craze in 2021 and is known as Roaring Kitty on other platforms, posted a screenshot on Reddit's Superstonk subreddit that shows a purported US$175 million position in GameStop shares and call options.

Keep reading...Show less
Cell phone showing GameStop stock chart.

GameStop Surges Over 70 Percent in Flashback to 2021 Frenzy

Over three years after the infamous GameStop (NYSE:GME) short squeeze, the American retailer’s share price skyrocketed as much as 110 percent on Monday (May 13) before pulling back to a more than 70 percent gain.

The surge came on the heels of a social media post by "Roaring Kitty," also known as Keith Gill. His first online appearance since 2021 has reignited memories of the meme stock frenzy that captivated markets in 2021.

Gill, who gained notoriety for his bullish stance on GameStop, posted a meme on X (formerly Twitter) depicting a focused video gamer. It received widespread attention, accumulating over 81,000 likes and 9,000 comments in just a few hours.

Keep reading...Show less
NorthStar Gaming Chairman and CEO Michael Moskowitz.

NorthStar Gaming Leverages Content to Create Engaged, Active Players, CEO Says

NorthStar Gaming (TSXV:BET,OTCQB:NSBBF) is leveraging its rich, compelling content to better engage its customers, which ultimately leads to higher revenue, said NorthStar Chairman and CEO Michael Moskowitz, following an earlier announcement that the company is rolling out enhancements to the Sports Insights content on its platform.

“From the time that we founded NorthStar Gaming, we took the view that providing compelling content would lead to higher engagement with our customers,” he said. "And we're finding just that. We're planning to launch Sports Insights 2.0 in the first half of 2024 with redesigned sports and homepages, live scoreboards and tickers, live odds, trending topics and a greater tie-in in terms of the player journey and promotional offers that we provide to them."

Moskowitz noted that leveraging content helps attract new customers, with several media organizations using the company’s content on their own sites. “Ultimately, these articles and this content will help to create awareness around the NorthStar Bets brand and platform, and ultimately drive traffic to our site, which will convert into revenue.”

Keep reading...Show less
hand touching phone

Game-changing Prospects for the iGaming Market

iGaming has grown considerably in recent years. Driven by innovations in web technology and a changing regulatory landscape, online casinos and sportsbooks are more popular than ever.

To understand how the landscape may change moving forward, investors should assess how the industry has evolved in recent years.

Keep reading...Show less
smartphone on podium

Top Trends Shaping the Canadian iGaming Market

From emerging technologies to evolving regulations, the trajectory of iGaming has changed substantially in recent years as the market has experienced significant growth.

In 2022, Ontario's provincial government introduced game-changing legislation that established a regulatory framework for iGaming. Due to this legislation, regulated iGaming successfully displaced the unregulated market, according to Attorney General Doug Downey, creating over 1.6 million active player accounts across more than 70 operator websites as of April 2023 — just over one year following the change.

Ontario's regulation has also laid the groundwork for widespread change in the iGaming space across Canada. As iGaming continues to evolve, it's important to have a deeper understanding of both new and existing trends that will shape the industry's future, as well as regulations.

Keep reading...Show less

Latest Press Releases

Related News

×