D-PARC is a blockchain PC and console game coming in 2019.
D-PARC is a blockchain PC and console game coming in 2019.
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8 Circuit Studios plans token sale to build blockchain-based Metaverse

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

8 Circuit Studios is launching a cryptocurrency token sale so that it can raise money to build a blockchain-based platform for the Metaverse, the digital universe envisioned in novels by William Gibson and Neal Stephenson and featured in movies Ready Player One, TRON, and The Matrix.

The company will hold a token sale for the cryptocurrency, 8 Bit Token, and launch other blockchain-integrated products in the coming weeks. Blockchain is a decentralized ledger that can verify the uniqueness of digital items. That means that users will be able to lay claim to the items that they own and transfer them from one virtual world to another. That’s one of the requirements of the envisioned Metaverse, which is like a collection of interconnected worlds that share a common foundation for commerce.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.