{"id":73655,"date":"2024-03-21T08:27:07","date_gmt":"2024-03-21T08:27:07","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/playmining-gamefi-platform-launching-new-game-pictree-partnered-with-japans-largest-electric-co-tepco-power-grid\/"},"modified":"2024-03-21T08:27:07","modified_gmt":"2024-03-21T08:27:07","slug":"playmining-gamefi-platform-launching-new-game-pictree-partnered-with-japans-largest-electric-co-tepco-power-grid","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/playmining-gamefi-platform-launching-new-game-pictree-partnered-with-japans-largest-electric-co-tepco-power-grid\/","title":{"rendered":"PlayMining GameFi Platform Launching New Game PicTr\u00e9e Partnered with Japan\u2019s Largest Electric Co. TEPCO Power Grid"},"content":{"rendered":"
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SINGAPORE, March 21, 2024 (GLOBE NEWSWIRE) — Digital Entertainment Asset<\/u><\/a> (DEA), a Singapore-based global Web3 entertainment company and owner of the popular PlayMining<\/u><\/a> GameFi platform, has announced the official launch date of their new game \u201cPicTr\u00e9e -Grid Grab: Capture the Current-<\/u><\/a>\u201d on Saturday April 13, 2024. PicTr\u00e9e is developed in partnership with TEPCO Power Grid, Japan\u2019s largest and the world\u2019s fourth-largest electric power company<\/strong>, together with Greenway Grid Global, a power utility business development venture.<\/p>\n

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PicTr\u00e9e is an Inspect-to-Earn team battle game in which teams of players physically go out into their real-world communities to take pictures of TEPCO\u2019s electric power assets, such as utility poles, steel towers, manholes and handholes. By uploading images of the aging public infrastructure, people are able to help TEPCO mitigate a labor shortage of utility pole inspectors and contribute to the upkeep of their own communities. At the same time, they can receive rewards for their efforts in the form of Amazon gift certificates and PlayMining\u2019s proprietary DEAPcoin ($DEP<\/u><\/a>) token.<\/p>\n

\u201cSince our founding in 2018, this is the biggest step we have taken toward realizing our dream of truly improving society through Web3 games that reward players as important stakeholders in the entertainment ecosystem<\/strong>,\u201d said Kozo Yamada<\/u><\/a>, Founder & Co-CEO of DEA. \u201cWe call this new business model \u2018Gamified Work\u2019, and are actively working on applying it to a wide variety of industries through several exciting partnerships in development.\u201d<\/p>\n

The #GamifiedWork model uniquely merges elements of Web3 gaming with the \u201cDecentralized Physical Infrastructure Networks\u201d (DePIN) model, making it possible for physical infrastructure companies to gamify and outsource parts of their business operations to a decentralized community of gamers.<\/strong><\/p>\n

Capture the Current in the PicTr\u00e9e Utility Pole Battle Game<\/strong><\/p>\n

PicTr\u00e9e is a free-to-play mobile game that encourages players to get outside and explore their communities by foot \u2014 in this respect, it is somewhat similar to the still-popular Nintendo game Pokemon Go.<\/p>\n

\"How<\/p>\n

PicTr\u00e9e players can join one of three teams named Ampere, Volt or Watt. Teams must battle to earn points by photographing TEPCO\u2019s power assets and connecting the most power poles on a grid map to link the longest electricity wires. The teams are ranked and rewarded according to how many points they earn.<\/p>\n

Players can chase points by snapping photos as quickly as they can, but the gameplay also highly rewards teamwork to implement a well-thought-out strategy by moving through the neighborhood in the most efficient manner and paying attention to cut off other teams\u2019 progress.<\/p>\n

PlayMining will launch an initial demonstration test of the new PicTr\u00e9e social contribution game in Maebashi, a city in central Japan. From April 13 to June 29, 2024, PicTr\u00e9e will be playable in five successive Maebashi neighborhoods for around two weeks each. The testing period will verify how effective the acquired photos are at meeting TEPCO\u2019s inspection needs, and will bring to light areas in which the service can be improved.<\/p>\n

There is also a special event on May 4th and 5th organized with five universities based in Maebashi city. University students will be divided into teams and fight for their team\u2019s pride across the entire city.<\/p>\n

\u201cThrough this game, we aim to create new value for the power assets we own<\/strong>,\u201d said Aki Mizuguchi, TEPCO Power Grid General Branch Manager for Gunma, the prefecture that Maebashi city is in. \u201cWe hope that a wide range of local residents will participate and become more familiar with electricity and power assets than ever before.\u201d<\/p>\n

DEA co-CEO Kozo Yamada has an even bigger vision for the project, urging people from all over Japan to participate in this ground-breaking event to earn rewards and prove how games can change the world<\/strong>.<\/p>\n

\u201cAfter about half a year and countless daily deliberations and heated discussions with TEPCO Power Grid and Greenway Grid Global, I am deeply moved to finally be able to release this game,\u201d Yamada said. \u201cWith the strong backing of official cooperation with Maebashi city, the demonstration will finally begin.\u201d<\/p>\n

Kazuhiko Shiba, President and Representative Director of Greenway Grid Global added that they \u201cwill take on the Web3.0 sector as our next challenge and solve various problems for all infrastructure operators, including TEPCO Power Grid. We would like to use this technology to bring about a game change in sustainable urban development and regional revitalization. <\/strong>Using a completely new method of Web3.0 x gamification, we aim to solve problems sustainably together with local residents.\u201d<\/p>\n

#GamifiedWork: a DePIN-integrated Solution for the Global Labor Shortage Crisis<\/strong><\/p>\n

With a healthy dose of innovation and ingenuity, PlayMining\u2019s new <\/strong>Gamified Work<\/u><\/strong><\/a> business model can plausibly be applied to companies from almost any industry, helping them to outsource remote work tasks to a decentralized community of game players<\/strong>. This is a big deal, because according to a 2023 ManpowerGroup report, up to four-fifths of companies worldwide may be suffering from a lack of talent. Heavy industries, such as TEPCO\u2019s electric utility subsidiary, especially feel the crunch of the labor shortage crisis.<\/p>\n

PlayMining is already hard at work developing their next DePIN-integrated Gamified Work game title in partnership with robotics digital transformation company Rita Technology. This time, PlayMining is gamifying job tasks for the waste management industry<\/u><\/a>, a space that faces significant difficulty sourcing workers due to stigmas of the job being difficult, dangerous and unclean. The new game, which people can play from anywhere in the world, will have players remotely controlling physical robots in real waste processing plants in Japan \u2014 played through a fun and engaging game that rewards gameplay with DEAPcoin tokens.<\/p>\n

Other Gamified Work projects are in the works for a range of industries, including CO2 reduction, disaster prevention, elderly quality-of-life, inheritance, local revitalization, animal welfare and employment for people with disabilities.<\/strong> Many of these are new partnerships made possible through DEA\u2019s investment from KDDI<\/u><\/a>, Japan\u2019s second-largest telecom operator<\/strong>.<\/p>\n

The announcement of PlayMining\u2019s Gamified Work business model on October 25 sparked a significant rebound of their DEP token, which joined the GameFi rally and outperformed many other top-ranked blockchain gaming tokens. The price of DEP has increased 250% since the announcement, with an outstanding market cap increase of 1,012%.<\/strong> In comparison, Oasys ($OAS) and Guild of Guardians ($GOG), two other leading GameFi tokens, grew by 144% and 196% in price and 377% and 273% in market cap respectively in the same duration.<\/p>\n

The DEP token can be traded on many popular cryptocurrency exchanges for crypto or fiat, including HTX, Gate.io, OKX, MEXC, Indodax, Bitmart, Tokenize Xchange, Zaif, Uniswap and others. It can also be spent on the PlayMining NFT marketplace to purchase GameFi NFTs that can be applied to various PlayMining games.<\/p>\n

About Digital Entertainment Asset<\/strong><\/p>\n

Digital Entertainment Asset<\/u><\/a> Pte. Ltd. (DEA) is a Singapore-based global Web3 entertainment company founded in August 2018. DEA is a developer of Play-to-Earn (P2E) games\u2014also referred to as Play-and-Earn (P&E) games. DEA also operates the PlayMining gamefi platform, NFT marketplace and \u2018Verse\u2019 metaverse project as well as DEAPcoin ($DEP)\u2014the first P&E token approved by the Financial Service Agency (FSA) of Japan. The team is headed by two co-CEOs\u2014Naohito Yoshida and Kozo Yamada\u2014who together bring decades of experience in founding successful startups (with 3 IPOs), creating hit video games, producing Web TV programs and displaying a deep understanding of NFT gaming.<\/p>\n

About PlayMining<\/strong><\/p>\n

PlayMining<\/u><\/a> is a GameFi and metaverse platform that empowers creators and players alike in their mission to create social good through Web3 gaming. The platform features a new Gamified Work business model that innovates on GameFi\u2019s Play-and-Earn mechanics\u2014powered by the PlayMining DEAPcoin ($DEP) token\u2014to help companies from other industries meet labor shortage demands. To empower artists, the PlayMining platform also includes a Web3 intellectual property (IP) model for content creation that features an NFT Marketplace. This is paired with an NFT gaming and Metaverse platform with 2.7 million users and a catalog of P&E game titles including JobTribes, Menya Dragon Ramen, Cookin\u2019 Burger, Lucky Farmer, Graffiti Racer, SOUL Fusers, Rogue Roll Ruler\u2019s and PicTr\u00e9e, as well as the metaverse project Fujiwara Kamui Verse and the StoneStars AI virtual idol project.<\/p>\n

Official Channels<\/strong><\/p>\n

PlayMining Website: https:\/\/playmining.com<\/u><\/a>
PlayMining Discord: https:\/\/discord.com\/invite\/xWeHGdt<\/u><\/a>
PlayMining X (formerly Twitter): https:\/\/twitter.com\/PlayMining_SG<\/u><\/a>
PlayMining Facebook: https:\/\/www.facebook.com\/PlayMining\/<\/u><\/a>
PlayMining Medium: https:\/\/medium.com\/playmining-game<\/u><\/a>
PlayMining Youtube: https:\/\/www.youtube.com\/channel\/UCGWmK0RLV4SB_PSXpj2j6dw<\/u><\/a>
PicTr\u00e9e Website: https:\/\/pictree.greenwaygrid.global\/en\/<\/u><\/a>
DEA Website: https:\/\/dea.sg<\/u><\/a><\/p>\n

About TEPCO Power Grid<\/strong>
TEPCO Power Grid<\/u><\/a> Inc. is Japan\u2019s largest \u2014 and the world\u2019s fourth-largest \u2014 electric power company. As a major subsidiary of Tokyo Electric Power Company Holdings, Inc. (TEPCO), it is responsible for electricity transmission and distribution across Tokyo and eight surrounding prefectures in Japan. TEPCO Power Grid owns and operates a vast network of power lines, substations, and other equipment to transmit electricity generated from various sources, (including nuclear hydroelectric and renewables) to end users.<\/p>\n

About Greenway Grid Global<\/strong>
Greenway Grid Global Pte. Ltd.<\/u><\/a> is a joint venture established in Singapore by Tokyo Electric Power Grid Co., Ltd., Chubu Electric Power Co., Inc., and ICMG Partners Pte Ltd. The company aims to make the world a happier place by combining investment in next-generation infrastructure and new technology, the development of new businesses, and leadership development programs.<\/p>\n

Media Contact<\/strong>
cecilia@yourPRstrategist.com<\/u><\/a>
dean@yourPRstrategist.com<\/u><\/a><\/p>\n

Photos accompanying this announcement are available at<\/p>\n

https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/e5f04620-bdff-45a4-b149-b973af5cea91<\/a><\/p>\n

https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/6ce6231f-581e-4a98-b2c9-b59a09eb6554<\/a><\/p>\n

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