FirstBlood, a leading gaming platform that allows amateur esports players to earn rewards for playing well-known video games such as Dota2, PUBG (PlayerUnknown’s Battlegrounds), and PUBG Mobile, has announced the upcoming launch of its new blockchain, Dawn.
Built on the Cosmos Network, Dawn will enable FirstBlood’s community of more than 200,000 users to wager cryptoassets, and compete directly with one another on some of the world’s most popular video games. DAWN token will launch alongside the blockchain and act as a staking and governance token for the new network.
“When I founded Firstblood, my goal was to use decentralized wagering and conflict resolution to solve issues in the esports community. However, the challenge has been finding a platform that can scale to meet our needs, while accommodating a legion of passionate gamers that are eager to meet and compete. In Tendermint and the Cosmos Network, we have finally found that solution. We’re extremely excited to open up this platform to our supportive community of users and have them experience fun and frictionless esports wagering. We have been working continuously to allow highly skilled amateur gamers to earn money on their hobby, and this transition to the Cosmos SDK will foster the scalability and growth that the FirstBlood platform needs, whilst maintaining the functionalities we already had.”
– Joe Zhou, Founder, and CEO of FirstBlood
Dawn is a global, self-governed and open-sourced blockchain built for gamers
The Dawn blockchain is built using the Cosmos SDK, which provides application-specific blockchains with the functionality of interoperability, enabling them to communicate and simultaneously bringing an end to the current siloed nature of blockchains. Building on Cosmos also enables FirstBlood to maintain blockchain sovereignty, process transactions quickly, and ensure fast finality – important functionalities for a use case such as gaming.
Utilizing the Cosmos SDK and the Tendermint consensus protocol allows Firstblood to significantly scale up numbers of transactions per second, while also maintaining low transaction costs for users. Tendermint’s architecture permits FirstBlood to maintain Ethereum as its top layer, benefitting from the platform’s reputation and potential for maintaining token ownership and transactions. To achieve this, FirstBlood is building Dawn as a Cosmos Zone, using Tendermint consensus, while deploying a bridge contract on the Ethereum mainnet.