Galactic Group, a prominent name in the web2 entertainment industry, has taken a step into the realm of web3 gaming with the launch of Galactic Entertainment Publishing. The new division is set to enhance traditional gaming experiences using blockchain technology. Headquartered in Dubai, United Arab Emirates, Galactic Entertainment Publishing boasts seasoned executives from prestigious backgrounds such as Disney and Sony.

In this article, we will cover everything you need to know about Galactic Group's new division and how it aims to redefine traditional gaming with the launch of PlanetQuest. We will also cover how the team will be using blockchain technology to offer "better ownership and community-driven experiences" for gamers.

Triple A Team

Led by industry veterans like Mark Meyers, former head of Disney Entertainment Studios, Galactic Entertainment Publishing is poised to elevate web3 gaming to triple-A standards, challenging prevalent perceptions of the genre. Meyers, now serving as the Chief Product Officer, brings a wealth of experience managing large-scale game development teams, setting the stage for ambitious endeavors in the web3 gaming space.

“Involving the community early on and rewarding them for their participation with in-game goods that they actually own benefits publishers, developers, and players, by reducing publisher ad spend, providing the feedback developers need, and getting the players better games,” said Meyers in a statement.

The debut offering from Galactic Entertainment Publishing is PlanetQuest, a cinematic gaming experiment that promises to captivate audiences with its immersive storytelling and interactive gameplay. Backed by Hollywood talents and animation experts behind iconic franchises like Batman, Star Wars, Avengers, and Mortal Kombat, PlanetQuest has garnered significant anticipation over the past two years.

More About PlanetQuest?

What sets PlanetQuest apart is its innovative approach to ownership and community engagement. Leveraging blockchain technology, the game grants players full autonomy over in-game assets, fostering a vibrant economy where digital property rights are upheld. This move marks a significant departure from traditional gaming models, signaling a shift towards player-centric experiences.

Galactic's Chief Creative Officer, Jon McCoy, expressed excitement about the collaborative journey with fans, emphasizing the unprecedented opportunity to co-create a sci-fi universe. McCoy, known for his work on blockbuster titles like Star Wars and Marvel movies, views the project as a culmination of childhood dreams and a testament to the power of community-driven initiatives.

“Naturally no first attempt at something new is perfect, but it’s been amazing getting to create a sci-fi universe with the fans in a way that’s never been attempted before,” said McCoy, in a statement. “I’ve gotten to fulfill a lot of my childhood dreams, working on Star Wars, Blade Runner, and Marvel movies to name a few, but there’s little that compares to being able to interact and build with the fans from day one.”

Free-To-Play vs Play-To-Own

The launch of PlanetQuest signifies Galactic's commitment to challenging the status quo in gaming. CEO Loren Roosendaal highlighted the flaws inherent in the prevailing free-to-play model, citing escalating costs and lack of ownership as key concerns. By embracing the play-to-own model, Galactic aims to empower players while fostering a sustainable gaming ecosystem.

Roosendaal underscored the importance of community involvement and transparent ownership structures in driving mass adoption of web3 gaming. Drawing parallels to the evolution of free-to-play titles, he expressed optimism about the future trajectory of play-to-own experiences, emphasizing the role of innovation and player engagement.

“It deserves to be said that we believe the current free-to-play model is broken,” said Roosendaal, in a statement. “It’s crazy to think that players are spending over $100 billion dollars and 100’s of hours of their spare time each year, gathering in-game items they don’t actually own. Let alone that when someone tries to sell any of these, we, at best, give them a chance to do so for store credit and at worst chase them down with the ban-hammer.”

Final Thoughts

As Galactic embarks on this journey into the world of web3, it seeks to redefine the boundaries of traditional gaming and inspire a new generation of creators and players. With PlanetQuest serving as a harbinger of things to come, Galactic Entertainment Publishing aims to carve a distinctive niche in the ever-evolving landscape of digital entertainment.

With a diverse lineup of titles on the horizon and a steadfast commitment to building top-tier gaming experiences for players, Galactic Group is poised to leave an indelible mark on the gaming industry, one play-to-own experience at a time.