Gaming is one of the oldest forms of human social interaction dating as far back as 5000 years ago. Traditional gaming was quite popular back in the day as people used this as a means of relaxation and interaction mainly to bond as a community or group of people. Gaming has evolved over the years from sticks and stones to digital gaming experience.
Digital games were first introduced in the early 1950’s but achieved commercial success as late as the 1970’s of which the rise since then has been meteoric. Over the years video game models have since undergone significant changes from one time purchases of consoles in the early days to arcade games which were pay-to-play.
The advent of the internet allowed gamers to connect and play with each other for the first time online. Ominous changes were effected from this era as gaming became a whole different experience than it used to be. Models developed in this era included the subscription-based model where players are required to pay to subscribe in order to have access to these games.
At about same time the time card model which required users to purchase one time cards before gaining access to their games was booming in China. Then came the free-to-play model which has been the most successful and widely adopted model to date. This model required no initial purchase and no monthly fees. Developers monetized their products by setting up virtual shops within their games where players can purchase power-ups and equipment for their characters using fiat money.
The Main Problems
There are two main types of this industry members - players and game manufacturers. Players face the following problems:
- They do not own their gaming property. The owners, in fact, are the game creators.
- Expensive transactions.
- It's hard to conclude deals (for example, on items exchange).
- Fraud within the game.
Manufacturers, in their turn, have to integrate payment systems for conducting transactions within the game. As a result, they have to pay out big commissions to these payment systems. Moreover, it provides conditions for fraud and phishing.
SOLUTION
First of all, it integrates blockchain into the gaming platform. An ecosystem is being developed where Ethereum smart contracts will be used to guarantee transactions transparency and information integrity. A PLAT token will represent a local currency and will be used to conduct transactions between the players.
All information will be stored in blockchain, like players’ accounts and their items. Thus, it won’t be possible to take them, steal or block. You will be the only owner of all your gaming assets. Besides your gaming items, PLAT tokens will be kept in your wallet. Also there will be a special bonus system to forward the platform’s development.
WHAT IS BITGUILD
Using blockchain technology, BitGuild is like an apartment, where all game developers can be there, develop their ingenuity, incorporate them into BitGuild systems and receive patronage and utilities.
In addition to the basic benefits that developers make on traditional systems, they will incorporate the same blockchain to create a better interactive field.
If using technical terms, it's hard to communicate with you, I'll use a close example: you play a game, you have good items but do not use, you want to sell it to others but you Can only sell to the people in the game just like you, if you make an informal exchange with the hope of getting cash, the risk is fraud. But on the blochchain system, your property would be tokenized, and fully owned by said player. They'd be free to whatever they wanted with their collection, including select cards, selling duplicates, and trading with other players. And now I think you figured out, right !!! With the added bonus of being able to freely trade their virtual goods at their leisure, without any kind of restrictions imposed on developers and publishers with the intent to maximize profits. at the expense of good game design. The potential is truly limitless, and this is just the beginning.
Advantages of Bitguild
All games in blockchain
All games use blockchain technology and have smart contracts. They also receive money from the Plat and have special items in that game, players can transfer between different games.
Auction
Virtual Assets created on the BitGuild platform can be bought and sold for PLAT at auction. Auctions are decentralized and built using smart contracts.
Honest payment
All players can easily purchase different games and currency PLAT, at no additional cost and fraud.
Community games
One of Bitguild's ideas - creating a large community of players that will populationat platforms play games, and sell stuff.
Developer support
Each developer can create their own game using Cryptocurrency Plat
Your wallet
The wallet from Bitguild can be saved not only money, but also the items that you find
Quite interesting the functionality of the platform will have, I think to play, it will be fun, especially since you can earn good money by selling rare items.
Terms of participation in the ICO project
- Name of the token : PLAT
- Total number of tokens released : 10,000,000,000
- Price of the token : For 1 ETH it will be possible to purchase 80 000 PLAT
- Minimum investment : 0.5 ETH
- Maximum investment : 1,500 ETH
- Accepted currency : ETH
- End of ICO : April 5 or after reaching Hard cap
- Hard cap is : 14,062.5 ETH
A total of 45% of tokens are allocated for sale, the remaining part will be distributed between the team, advisors and part will be used by the project fund.
ROADMAP
TEAM & ADVISOR
