SRG Community: A Decentralized Gaming Platform For Gamers & Developers.

Simeon Udoh
6 min readOct 3, 2017

--

SRG Community is building the next-gen platform for gamers and developers.

The Company is holding an ICO Presale between 4th October 2017 and 11th October 2017. In this article, I will provide a short overview of SRG Community, It’s platform & their upcoming Presale and ICO.

What is SRG Community?

Support Rich Games (SRG for short) is a decentralized gaming community built on Ethereum network and powered by blockchain technology. SRG was created to solve several problems that has continued to plague the gaming industry.

The global gaming e-commerce Industry is valued at over $95.2 billion dollars in 2016 alone and it keeps growing with each passing year with a projection of over $300 billion dollars by 2020. While the gaming industry is booming, Majority of the market capitalization is owned by a few centralized developers with a huge gaming audience.

These developers spends a ton of money on advertising their games in order for them to stay on top of the food chain. This leaves out smaller game developers that are unable to match the marketing powess of the big developers with little to no gaming audience.

Game developers usually look to traditional advertising schemes like CPI networks and contextual advertising.

But since these marketing efforts are directed at a broad and not targeted group of customers, the effectiveness of such actions leaves much to be desired. At the same time, CPI costs are growing by 7% annually, and the average cost of loyal users is now USD 2.90 per person (USD 1.44 in 2015), it is growing by 61% annually. This is where the SRG community plays a vital role.

The SRG Community Platform:

SRG debuts a viral marketing scheme where a community of gamers come together and a pool of developers can up their gaming audience with a much more effective approach. SRG features a a referral and loyalty program that aims to attract more players to the SRG community and also motivate them to try out games offered by game developers.

With the referral program, users can build their own referral business by inviting their friends to the community while earning money from their commitment to the community. According to research, A player is likely to stay in a gaming community if his/her friends are part of it.

The SRG project is designed to be an application that will be integrated with both PC and mobile games.

SRG Community creates an internal ecosystem with tools for promotion and the possibility of quest training for project partners (referrer). SRG is able to form a target group of users, based on the principle of viral marketing.

Thus, game developers will be able to save and efficiently spend funds allocated for advertising and invest the majority of the funds on improving the game itself. SRG’s core objective is creating a full-fledged social system, where all referrals are interconnected.

What are GMP and SRG tokens?

The SRG community will feature a dual token ecosystem— GMP & SRG tokens. These tokens will be used to facilitate the use of the SRG platform. Both of these tokens will serve different purposes.

Gameplay point (GMP) tokens are the native tokens of the SRG community. GMP are used in SRG community for internal payments to referrer.

GMP is a platform-wide, new-generation game cryptocurrency that can be spent in any game connected to the SRG system. The token can also be converted and sent to a personal wallet in Ethereum tokens. The cost of GMP according to which tokens are issued and redeemed is USD 0.1. Referrers are paid in GMP tokens.

While SRG tokens are profits driven tokens which are issued exclusively during the SRG token sale (more information below).

The purpose of SRG tokens is to facilitate the distribution of profits among all SRG community token holders. The SRG Platform will distribute 50% of the revenue generated from in-game purchases made.

Since SRG is powered by a built-in viral marketing mechanism which is designed to bring in new players and motivate them to play, it is almost certain that the SRG Platform will see a steady flow of revenue which will be further distributed to SRG token holders.

The profits are distributed every six months following a blockchain snapshot of all token holders. In order to receive the dividends, All SRG token holders are advised to store their holdings in an ERC20 complaint wallet. The SRG team is also working to add the dividends functionality on exchanges where SRG will be listed after the token sale.

Here's a profit projection for SRG token holders:

SRG ICO Information:

SRG is hosting an Initial Coin Offering (ICO) where SRG platform profit driven tokens "SRG" will be offered for sale to early contributors. The funds raised during the ICO will be used to fund further development of the SRG platform application.

The SRG token generation is slated to start on 4th of October 2017 and ending on 8th November, 2017.

A total of 20,000,000 will be ever be created of which 4,000,000 tokens will be offered for sale to investors during the presale according to the following price schedule:

1 SRG = $2

The presale investors will enjoy a 25% discount on their contributions.

SRG total token supply will be allocated according to the following schedule:

Additionally, there's a stair-case like bonus structure for investors looking to participate in the SRG token sale:

It is worth noting that the SRG token sale is held by https://orderbook.io which is a subsidiary of Ambisafe — An Ethereum Asset Management Platform.

To Participate in the ICO, visit: https://srg.io when the token sale starts.

Meet The SRG Team:

The team spearheading this movement of a decentralized intra-gaming platform on the Blockchain is a group of professionals with several years of experience combined.

SRG Community Advisory Board:

SRG Handy Links:

Website: https://srg.io

Facebook: https://www.facebook.com/CommunitySRG/

Twitter: https://twitter.com/srgcommunity

BitcoinTalk: https://bitcointalk.org/index.php?topic=2135549.0

GitHub: https://github.com/SRG-community/SRG

Telegram: https://t.me/srgcommunityen

My Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=919511

Disclaimer: I am not a SRG representative or team member.

--

--

Simeon Udoh

Hi, I am Simeon Udoh. A Nigerian Blogger, Tech addict & Crypto Enthusiast. I also contribute to Breathe Publication.