As Product Manager at Magic Ledger, we built blockchain technology for video game economies.

Magic Ledger set out to build a secure video game economy in a box with web interfaces that allow game developers to easily implement mini apps (think IFTT). Universal, fungible, and programmable digital assets for video games. The primary thesis is that players convert at much higher rates if they know money can be sunk in any participating game. In addition, Magic Ledgers provided fraud-proof p2p trading, and unobtrusive yet uncrackable DRM.

What set Magic Ledger apart from the competition was our Proof of Play protocol, a purpose-built system for game currency, with a fixed issuance rate based on real gameplay. Players form a n-dimension redundant P2P overlay mesh network that self organizes around latency and clock accuracy. Every 5 minutes, players perform a low impact calculation and send the result to the next set of peers in the network. Ultimately, servers record what is a cryptographically accurate count of players online at any given time with little backend overhead. Based on player count, an amount of currency will be deposited into a games wallet, for dispersal as the developer wishes.