Galactic Group announces the launch of Galactic Entertainment Publishing, a pioneering AAA Web3 game publisher in the UAE, with a vision to redefine gaming as one of the world’s premier play-to-own publishers. The company, led by industry stalwart Loren Roosendaal and co-founder Mark Meyers, former Head of Disney’s AAA Studios, aims to introduce a new paradigm in gaming. Their inaugural title, Planet Quest, has already amassed a considerable following, boasting over 300,000 connected wallets and a dedicated community of more than 200,000 holders of Planet Quest NFTs. The development team comprises seasoned professionals from Epic, Disney, Warner Bros., and Activision-Blizzard, with invaluable input from fans shaping the game’s narrative and lore.
Community-Driven Development
The involvement of the game’s fanbase has been pivotal in shaping the development of Planet Quest. Over 250,000 fans have actively contributed to co-create the storyline and lore, fostering a genuine sense of community and investment in the game. Participants are rewarded with in-game assets for their contributions, enhancing their overall gaming experience. Chief Creative Officer Jon McCoy underscores the unprecedented collaboration with fans, which has allowed for the creation of a sci-fi universe in a manner never before attempted.
The Play-to-Own Model
Galactic Entertainment Publishing adopts the play-to-own model, harnessing blockchain technology and NFTs to grant users full ownership of in-game assets, including characters, items, and land. This model benefits publishers, developers, and players alike by minimizing advertising expenses, fostering community engagement, and delivering superior gaming experiences. Co-Founder Mark Meyers attributes the success of this model to community engagement and asset ownership, marking a departure from the conventional Free-to-Play model dominating the industry.
Empowering Players
Loren Roosendaal aims to challenge the prevalent trend of players investing significant time and money in in-game items they do not truly own. By introducing a new standard for global entertainment, the play-to-earn concept establishes a transactional relationship between publishers and players, empowering the latter with ownership and decision-making authority. This paradigm shift promises a more sustainable and engaging gaming experience, moving away from the parasitic dynamics inherent in the current industry landscape.
Redefining the Future of Gaming
As publishing costs soar due to escalating advertising expenditure, Galactic Entertainment Publishing champions a solution through the play-to-own model. By incentivizing player participation and ownership, Roosendaal envisions a future where players are stakeholders in the games they play, fostering deeper engagement and a more viable business model. The involvement of the gaming community from the outset and the ensuing rewards are integral to the success of the play-to-own revolution.
Leading the Revolution
Galactic Entertainment Publishing’s Planet Quest spearheads the play-to-own revolution with its dedicated fanbase and innovative game development approach. By granting players full ownership of in-game assets and involving them in the development process, Galactic Entertainment Publishing is paving the way for a more immersive and sustainable gaming ecosystem. The future of gaming may indeed be shaped by play-to-own titles, empowering players and fostering a stronger bond between creators and their audience.