EON- The future of video game distribution networking
Are you a passionate gamer? Do you follow developments in the video gaming industry with interest as the market evolves? If so you’re probably familiar with some of the issues the industry faces, as well as new ways that smaller developers can overcome challenges in such a competitive, high-stakes market.
Video game developers suffer not only from high development and production costs, but also high marketing costs, which create a chaotic playing field where smaller developers or projects that attempt new innovative approaches are stifled while the market is saturated by corporations with huge war chests or hordes of clone-games built around derivative free to play models that flood mobile app stores.This is a state of stagnation that holds back immense potential far beyond what the market is now.
Developers even face limitations in being able to launch in some countries due to issues with currency transaction rules that create additional expenses or roadblocks effectively shutting smaller developers out of emerging economies with huge young populations, like China and Brazil.
The video game industry is unlikely to ever diminish, given its widespread popularity and the now universal norm of playing games. In fact, gaming is already a bigger global business than sports!
However, a transformation is inevitable, given its rate of growth versus the level of unoriginality and conservative conceptual thinking on the part of the major developers, publishers and distributors.
Blockchain currencies and decentralized networks are the solution and will shape the future of an industry that is currently dominated by ad platforms and online distributors that take the bulk of the profit generated by both independent games as well as major publishers. A revolution is not only imminent, but overdue.
EON platform will be at the forefront of this revolution, centered around a decentralized game distribution network and platform that creates incentives for developers to channel their marketing towards their target market rather than taking a shotgun approach with the public at large. By using smart-contracts, EON and its blockchain currency EON Token will enable to developers to exchange and track referrals for traffic and make payments without having to pay royalties to third parties.
EON is being developed by the EON Foundation, and an elite multinational team including the developers of one of the first ever blockchain based video games, CryptoKitties, as well as veterans of major silicon valley institutions like Facebook and asian social network giants like Tencent. The Advisory Board and Foundation Council includes alumni of FitBit, Oculus, the Blockchain Association Board of Tsinghua University, and the founding director of the University of Southern California’s Gamepipe Lab, which is the top game development educational instution in the world.
Here is how it works- Developers can refer gamers to each other via smart contracts and reward each other with Eon Tokens. The smart contracts track the actual traffic, ensuring that only traffic that is relevant, such as interested gamers, is exchanged. Meanwhile gamers, including influential community figures with strong social media followings, can refer each other via either community activities or reaching out to their friends, incentivized by EON Tokens as a reward. Developers can also refer users by uploading games, and will also be rewarded with EON Tokens.
Developers and gamers will then use the Game Discovery system to refer games to the platform and refer gamers (users) to games based on specific verifiable user data stored on their smart contracts. Developers can view all stats related to their game’s performance on the platform and can also set rewards for gamers within their games, for example crediting users with tokens every time they refer a registered user or paid user. All payments to developers are only adjusted by system use fees, not required commissions that eat into their revenue.
The community system will function like a combination of fundraising platforms like Kickstarter and social networks like Reddit, where games can voice encouragement and share opinions through their actions. This contributes to both user engagement as well as verifiable user data which can be used by developers to reach the right audiences and avoid those that wouldn’t have an interest in their project.
EON will initially be focused on indie games and blockchain games. These types of games are likely to be a fast growing future market, as evidenced by the fact that mobile has the largest user base and considering the success that small independent developers have had funding titles on Kickstarter. In the future EON will expand into PC games as well.
Early investors will have access to 10% of the planned 2.1 billion EON Tokens. These earliest tokens are likely to grow the most in value as all other tokens will be locked by the foundation (20%) or part of purchases and investments made by gamers and developers (30%) and sold on the market to the public (30%) while the remaining 10% will be used for bonus incentives for the EON team. In other words, early investors will have the highest profit margin of an ecosystem with massive growth potential.
Website: http://eontoken.io/
Whitepaper: http://eontoken.io/EON-Whitepaper.pdf
Telegram: https://t.me/eontoken
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2153838
