Highlights
- $EPIK will serve as a membership token of Epik Prime, which was launched to produce digital products like NFTs.
- Epik is working with AAA games to create in-game NFTs.
- Epik's blockchain platform gives brands a chance to explore the NFT space.
Epik Prime, which claims to be the world's first and only non-fungible token (NFT) project to partner with AAA games, is set to launch its membership token $EPIK on Huobi Global on Friday, August 27.
Notably, AAA game is an informal classification for games produced by major or mid-size game developers in the world.
The launch will happen through Huobi Prime, a program meant for introducing new digital asset projects to cryptocurrency traders. Epik will be Huobi Prime #8.
Epik is working with these game developers to create in-game NFTs. Presently, it is said to be working with over 360 clients, including big game developers like Tencent of PUBG fame, Garena and global brands like Universal and Warner Bros.
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Epik Prime crypto: All you need to know about
Established in 2018, Epik was created to produce premium digital products. In three years, it has reportedly emerged as a global leader in bringing brands into video games and produces unique digital items.
Epik is believed to have created the world's biggest decentralized network for digital collectables which works across multiple blockchains.
Source: © Justlight/Megapixl.com
Users can experience unique in-game experiences and gamers can have NFTs via mainstream and crypto-based games.
Non-fungible tokens have boomed this year and they could emerge as one of the leading digital assets as the evolving blockchain technology is becoming increasingly popular across the world.
What is Epik Prime crypto’s price prediction? What’s in store for it?
Epik Prime crypto will act as a membership token that will enable people to be a part of the loyalty reward program. Under this program, users will primarily get access to new products, services, and pre-order digital collectables. They will also be able to get in-game NFTs and chances to win random NFT prizes.
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Epik's blockchain platform gives brands a chance to explore the NFT space, and companies looking to engage with millennials could consider partnering up with Epik.
Since $EPIK will be a new token, crypto enthusiasts is likely to rely on the token as it is being launched by Huobi Global, a Tier-1 cryptocurrency exchange.
The crypto exchange platform has approximately US$ 8.9 billion in trading volume every 24 hours. Epik Prime token's listing on Huobi could mean that platform has examined its legitimacy and overall health of the company.
The total supply of the Epik Prime crypto will be about two billion tokens. $EPIK’s trading volume is expected to be about 36 million.
According to Huobi's website, the token’s price at the first round of launch would be US$ 0.005 per token.
Bottomline
The global gaming industry is expected to reach US$ 314.4 billion by 2026 and register a compound annual growth rate (CAGR) of 9.64 per cent during this period. Epik Prime can attract crypto enthusiasts who are into gaming, and help grow its user base in future.