Galactic Group Launches a Play-To-Own Web3 Gaming Publishing Division

Galactic Group has announced the launch of a new Web3 game publishing division known as Galactic Entertainment Publishing that is backed by top talent in the gaming and movie industries.

This new division leverages blockchain technology to transform the gaming industry. It seeks to grow the Web3 gaming industry to AAA standards, and it has already launched the first franchise known as PlanetQuest.

Galactic Group Unveils a Play-To-Own Web3 Gaming Division

The debut franchise, PlanetQuest, has been under development since 2022, and it has already attracted a vast fan base of more than 250,000.

This franchise also features top talent from Hollywood behind “Star Wars”, “Batman”, and “Avengers.” It also comprises top gaming talent that has worked on popular titles like “Fortnite”, “Call of Duty”, and “Star Wars Jedi: Survivor.”

The 250,000 fans who are already part of the PlanetQuest franchise have co-created the storyline and the lore. The accomplishments will be detailed in a trilogy of books, comics, and a game that will be released before the end of the year.

The unique approach taken by Galactic has led to the creation of a real community invested in the product. The community has a shared passion for the project and will receive rewards in the form of in-game assets for participating in the game.

Co-founder Mark Meyers of Disney Fame commented on the development saying “Involving the community early on and rewarding them for their participation with in-game goods that they own benefits publishers, developers and players, by reducing publisher ad spend, providing the feedback developers need and getting the players better leon bet games.”

Play-To-Own is Superior to Free-To-Play

The free-to-play model is already showing cracks according to Galactic, which is why the play-to-own model is more suitable. They noted that with free-to-play, much money is being spent on ads annually to acquire new players, which is increasing the game publishing costs that are later translated to the players through expensive in-game purchases.

However, with play-to-own, a player can access many entertainment franchises using blockchain technology. The model allows fans and players to own and trade a wide range of products including in-game items, planets, and currency.

The play-to-own model also allows the early adopters of the project to own a piece of the entertainment universe that they would want to work with. The framework also gets rid of situations where a player interested in trading is left to rely upon the black market with the risk of their account being banned and foregoing everything that they have worked so hard for many years to access.

PlanetQuest has also launched an airdrop campaign through which fans can earn the in-game currency. It also plans to launch more gaming titles across different media.