A DECENTRALIZED FINANCIAL PLATFORM FOR THE MOBILE GAMES INDUSTRY

BGX Platform

One of the platform’s founders formulated the concept of BGX in early 2017, after which he invited three distinct technology groups that were developing independent solutions to participate in the project:

1. The XELOPES Project (St-Petersburg)on the study of the possibilities of artificial intelligence in the field of controlling financial flows under the leadership of Dr. Barseghyan and professor of State Voronezh University A.P. Parkhomenko. The XELOPES project has been developing since the early 2000s and has numerous implementations in the projects of BASF AG, Deutsche Post AG, GlaxoSmithKlineand other customers;
2. The QUICKLINK Project (Toronto, St-Petersburg)by an innovative Canadian company DigitalXpert Inc. implements a processing core for microtransactions;
3. The TITAN Project (Vietnam) — building a mobile messaging client with the capabilities of a crypto-wallet (Extensible Messaging and Presence Protocol — XMPP, Multi-End Message & Object Encryption — OMEMO, Off the Record Messaging Protocol — OTR).

The main idea was to use the available technical components to build a fully functional financial platform. The BGX Company was formed and delegated with the task to develop a system focusing on mobile games. The founders of the new company decided to make its project open-source under the LGPL license (with the exception of several proprietary protocols). Any external developer can join the team and receive a reward in BGX tokens, while the holders of the technology modules have the right to vote in the technology board of the platform.

BGX is the first integration platform in the field of mobile games equipped with artificial intelligence and with an emphasis on processing. This approach not only brings the technological solution to the market but also creates a democratic economic model for the participants in the ecosystem of mobile games. Currently, mobile games are experiencing significant growth. This market segment is also the one most ready for a practical transition into the blockchain, since it is already actively engaged in the virtual economy through internal game tokens and traded virtual goods. However, like any living ecosystem, mobile games are not without certain problems.

OUR OFFICIAL PREASNTION

Token Sale

The BGX Platform will have a dual token system. This system avoids the destructive impact of token volatility on the platform’s everyday economy and aligns the incentives of those holding the coin waiting for it to appreciate in value with those of the users, planning to interact with the platform.

The first token — the BGX ICO Token — will be launched during the Token Generation Event and represent the right to participate on the platform. The nodes of the platform will be re-quired to have a certain balance of BGX Tokens to maintain their “Node” status. Since the BGX Token can be exchanged into a second token — the BGT Coin — at any time on the platform, holding the BGX Token is considered to imply an expectation of future spending and thus enters the BGX Token holders into a Loyalty Club. All participants holding the BGX Token will participate in the Loyalty Club, the main perk of which is the revenue sharing program. Sixty percent (60%) of the platform’s revenue is distributed among the BGX Token holders in tiers designated by the number of tokens held. The ICO countdown has already begun for this token.

The second token — the BGT Coin — is a utility coin exchanged on the platform as method of payment. The BGT Coin is a white label token, meaning it can be used on its own or a different name by the game or app market developers to use as currency for in-app and app purchases, hosting tournaments, or any other game incentives that allow players to earn from their playing time.

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