EON: Digital Gaming Revolution Via Blockchain Technology
We might have an outstanding natural idea of what a game is. The general term “game” comprises of board games like chess and Monopoly, card games like poker and blackjack, casino games like roulette and slot machines, military war games, computer games, numerous kinds of play amongst children, and the list goes on.
In 2017, the global games market (software) Proceeds reach 116B, which is higher than three times the $38.6 Billion in cinema ticket sales. As gaming extends its convergence with traditional media and recreation, new comparisons can be made. Why Digital gaming? Technology is the use of tools, machine, and method of organization in order to solve a problem. Reject them or embrace them, digital games are here for the long run via the help of EON.
Why EON?
EON platform is a decentralized digital game sharing platform, where gamers can explore, share and play games, as well as social with other gamers. It is powered by Ethereum Blockchain Technologies and is more efficient, reliable and internationally accessible. The entire ecosystem consists of various parts: game discovery system, game community, referral system, developer system. EON token is the core of the ecosystem, and it is created with the economic incentive mechanism to compensate those behaviors helping to expand the EON platform.
Difficulties to Solve
There’re various obstacles being in the modern style of game distribution. They’re classified as below and can possibly sorted out by blockchain technologies.
Payments
If developers release a game targeting international users, they have to integrate the payment gateway of local markets sequentially. Although big distribution platforms (App Store) support multiple currencies, some local distribution platforms only support local currencies (e.g., the largest Android distribution platform in China only supports RMB). Developers normally have to get local partners or handle the local sales pricing (adjust sales price based on the country’s economy), currency exchange by themselves. This exceedingly increases the cost of developers, and gamers from some countries have no opportunities to play those games.
Game Discovery and Promotion
Another difficulty for developers is the expanding marketing cost. Developers are recognizing the cost of a new user’s acquisition increasing from less than $1 to more than $12.
In order to develop their games and support players to discover their games, developers have to contribute their resources to distribution platforms (30%+ of their revenue) and contribute time and money in getting efficient ad networks to grasp targeted users.
Preferable Solutions
· Global access with effective Payment: EON platform will basically be established on Ethereum Network (and in the future, we’re also acknowledging other advanced blockchain technologies, e.g., EOS). Because Ethereum is an unstoppable shared global support, players throughout the world can obtain the EON platform easily. Besides, using cryptocurrency as payments on EON platform. Developers don’t have to fret about integrating local payments gateway or adjusting sales pricing since the cryptocurrency system has handled it all. Developers can also receive payments from EON platform quickly since transactions on blockchain network is faster. After accepting payment, they can decide to hold the cryptocurrency or exchange it for fiat currency.
· Identify and Promote Games Smoothly: EON platform will utilize smart contracts (applications that operate via Ethereum network precisely as programmed without any chance of downtime, censorship, fraud or third-party intervention) to track traffic across EON platform. The final outcome is a win-win for developers and gamers. While developers gain extra bucks by overcoming marketing cost, gamers discover games more efficiently and can even earn money by promoting the game they like.
EON Token
EON token is the core cryptocurrency on EON platform. It’s created to boost the economy of EON platform, as well as hasten the growth of EON platform.
Token Spec
· Currency Code EON
· Type Utility Token
· Decimal places 18
· Total token amount 2.1b
· ICAP currency code EON
· ICAP organization code EON
EON Roadmap
CONCLUSION
Finally, EON intended to connect developers and players by developing an avenue for easy interplay and active communication within developers and players. Applying Ethereum Blockchain Network to Execute its performance, this will significantly diminish marketing expense also help in the promotion of future developers. EON Also, aimed in compensating early subscribers and build a referral system which will assist to widen and expand the immeasurable effort of EON platform, you will admit that EON token will be recognized to be one of the outstanding cryptocurrencies to be famous few years to come.
AUTHOR : MORGAN
BITCOINTALK USERNAME: Morgan19
BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1188537
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