3thix, the firm leveraging Wweb3 technology to create an ethical ecosystem for in-game transactions, entered into a strategic partnership today with the blockchain platform designed for solving real world problems, Avalanche, to develop a decentralized ad-tech layer for the internet’s gaming economy. Working to produce better-targeted consumer behavioral data without sacrificing personal information or privacy, 3thix recently secured an $8.5M investment from video game commerce company, Xsolla, to bolster innovation.
As a result of Apple’s limitations on IDFA (Identifier for Advertisers), a mechanism providing advertisers data in aggregate without individually identifiable user traits, 3thix is leveraging distributed blockchain technologies to incentivize high-value marketing relations with gaming playerbases.
The IDFA acts as a digital name tag that helps advertisers recognize users and serve more relevant ads and allows apps to remember user preferences without knowing a user’s real name. After iOS14, Apple gave user’s a choice to opt out of IDFA, creating a strain on advertisers’ ability to target users efficiently and in turn became the central entity holding user data.
Decentralizing IDFA allows users more control over their data and location, better security with personal identity information distributed and access to more intuitive ads. Brands can also benefit from decentralized IDFA by becoming and remaining compliant in privacy laws. Building solutions using Avalanche’s Layer 1, a highly scalable blockchain allowing near-instant transaction finality, privacy and transparency, 3thix moves closer to reactivating Web3 gaming’s credibility.
“The unified platform, along with Avalanche’s industry-leading smart contracts technologies, is miles ahead of competing projects,” said Timothy Tello, CEO of, 3thix. “Through this partnership, we are creating a blockchain-verifiable web of relations that defines how partnerships work and function in the imminent future.”
Avalanche’s unique architecture creates the ideal Layer 1 foundation for high volume activity applications, enabling game developers and publishers to build on top of building the bridge between blockchain and gaming. “3thix’s decentralized ecosystem revolutionizes in-game transactions using blockchain,” said Andrew Cooper, Head of Games at Avalanche. “Users earn rewards, advertisers get precise targeting, and developers monetize better, creating sustainable value for all.”
3thix Press Kit
Avalanche Press Kit
Want to learn more about the gamingecosystem on Avalanche? Join the team at Avalanche Summit LATAM, taking place in Buenos Aires, Argentina, from October 16 to 18, 2024, to witness the future of Avalanche and experience firsthand the innovations that will drive the next wave of blockchain development. Find out more here.
About Avalanche Blockchain Network
Avalanche is a high-performance blockchain platform designed for builders who need to scale. Engineered with a revolutionary three-part Layer 1 (L1) architecture, Avalanche is anchored by its Avalanche Consensus Mechanism, ensuring near-instant finality for transactions. The platform also features an open-source Layer 0 (L0) framework, enabling the seamless creation of interoperable Layer 1 blockchains with high throughput on both public and private networks.
Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building the next generation of decentralized applications (dApps). With its unique blend of speed, flexibility, and scalability, Avalanche is the preferred choice for innovators pushing the boundaries of blockchain technology.
About 3thix
3thix (pronounced “ethics”) is the first comprehensive platform to utilize blockchain in a BaaS (blockchain as a service) format designed for gamers, by gamers, 3thix is designed to make the technology accessible and unobtrusive. The platform supports games in a multitude of ways with credit cards, ACH, Google and Apple Pay, on and off ramps, as well as gasless trading utilizing the newest tech in subnets, layer 2’s, and Zk’s.
Created by CEO Timothy Tello — a Forbes 30 Under 30 nominee, the former COO of Pocketful of Quarters, and the co-author of the patent 11189131 “System and method for blockchain tokens for gaming” — 3thix believes first and foremost that “Blockchain gaming should be invisible and provide value to players.”
Read the full article here