Cryptocurrency Industry News

Telescope Labs Reveals AI-Powered Product Suite to Optimise Gaming Economies

Published by
Written By: Michael Abadha
Share
    Summary:
  • London-based Telescope Labs is on a mission to help gaming companies optimise the economies of their ecosystems based on market realities.

Telescope Labs, a startup focusing on core data analytics and artificial intelligence-driven game economies, has announced the availability of its full suite of products. The London-based company says it is on a mission to revolutionise the Web3 gaming industry with innovative new offerings and strategic collaborations.

How Telescope Labs intends to strengthen gaming economies

Telescope Labs’ main objective is to equip gaming firms with the means to create sustainable virtual economies through the application of cutting-edge data analytics and predictive models. To do that, it provides game creators and publishers with Market Intelligence and Data Analytic tools to help them discover new ways to improve their products.

In September, the company secured a pre-seed investment round in which Griffin Gaming Partners and Kube VC invested over $2 million. Telescope Labs has also formed key alliances with other prominent players in the gaming industry, including Gamevolution, PlayEmber, Widow Games, and Pink Moon Studios.

In addition, Telescope Labs has introduced Vantage, a state-of-the-art LLM chat solution. Vantage, a revolutionary tool using a natural language query interface, gives its users the power to analyse, generate insights, and optimise their game economies with ease. Vantage is designed to tranform how companies analyse and make decisions based on data, allowing them to realise the full potential of their game economies.

Semih Gilan, CEO and Co-founder of Telescope Labs says: “With our innovative technology, we’re transforming the way game developers understand player behavior and make data-driven decisions.”

By tapping into the intelligence of machines, gaming companies will have access to the kinds of insights that will shape the future of gaming and help developers craft experiences that truly wow players. Telescope Labs believes that the influx and outflow of in-game resources must be carefully regulated to avoid hyperinflation or deflation, which would disrupt the game experience and leave players dissatisfied, just as in real-world economies. The company believes it will have a significant impact in the game business thanks to its dedication to excellence and willingness to collaborate with industry peers.

This post was last modified on Jul 06, 2023, 15:00 BST 15:00

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha