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GAINS Associates

IQeon — Telegram QUIZ & AMA — May 22

On Friday, May 22, we had the pleasure to welcome to our Telegram chat:

Vadim Dovguchits, founder and CEO of IQeon

We asked him questions about the development of IQeon, ranked 504 on CoinMarketCap.

Some sentences have been slightly edited for readability but the meaning has been conserved.

Summary

IQeon is a user-friendly PvP gaming platform. Users can participate in matches and win $IQN. You can also play simply for fun and still earn some tokens with achievements!

But IQeon is not just a platform. It is an ecosystem that will unite apps, content developers and millions of users.

IQeon has anti-cheating strategies in place to protect players from bots.

For now the platform only presents a gaming direction, but the plans of the company are far more ambitious. In the future it will be possible to integrate any application that requires additional users’ motivation into the platform. It could be either educational projects, applications for a healthy lifestyle, or any other initiative.

Introduction

Q — Alexandre R from GAINS: Vadim, can you tell us what you did before crypto, how you got into crypto, and if you’ve had any other venture in crypto previous to being involved with IQeon?

A Vadim Dovguchits from IQeon: Before starting, I want to thank you for inviting me to participate in AMA. I hope it will be entertaining and fruitful👍

Before founding a company, I studied a lot. Explored entrepreneurship, law, psychology, copyright in IT, delved deeper into the blockchain. IQeon is my first project, related to blockchain and cryptocurrency.

Vadim Dovguchits, Founder and CEO of IQeon

Personally, I believe in a great future and huge prospects for the blockchain and crypto industry. I wanted to create a project that would benefit people and help solve their problems. So, in 2016, I came up with an idea of a gaming platform where everyone can monetize their gaming skills and intellectual abilities using digital assets.

Q — Alexandre R from GAINS: Can you tell us what your role is at IQeon?

A — Vadim Dovguchits from IQeon: I am the founder and CEO of IQeon PvP gaming platform.

Product

Q — Alexandre R from GAINS: Can you tell us what the project is about in a few simple sentences?

A — Vadim Dovguchits from IQeon: On the platform, players can monetize their achievements using an internal digital asset — $IQN. Users participate in matches and receive a reward for winning. The reward can be spent to participate in other games or withdrawn to their ETH wallet.

Q — Telegram user Ross Queen: Is IQeon easy for newbies?

AVadim Dovguchits from IQeon: We’ve prepared a kind of reward system for the newcomers, according to which by fulfilling simple steps new players can receive their first free $IQN. BTW, our platform is absolutely user-friendly, that is why it should be easy and joyful for newbies😊

Some games in the IQeon platform!

Q — Telegram user Gede Delod: If asked to choose, what game would you recommend for game lovers like me?

A Vadim Dovguchits from IQeon: Well, I would advise Power Strike, Survival Shooter, and Crashy Racing. If you like shooters and action I guess these will be suitable for you😄.

Q — Telegram user David: What is your business model now?

A Vadim Dovguchits from IQeon: IQeon is not just a platform. It is an ecosystem that will unite apps and content developers and millions of users. The gaming economy of the ecosystem is built on in-game currency $IQN, compliant with side services, and which will be used for the realization of the range of functions in the IQeon platform (payment transactions, fixation of debate conditions, winnings and rewards payout).

Q — Telegram user Jhonathan: Most countries in the world toughen the requirements for online services, according to your legal aspects which are the top countries in which the IQeon Project is available?

A Vadim Dovguchits from IQeon: Well, we don’t give prominence to one country. As our team is targeted to the international market, we do our best to meet the requirements of the international legal field, in particular, GDPR.

Q — Twitter user Mikuchan: What critical problems do you see occurring in the blockchain industry nowadays? How does IQeon solve these problems?

A Vadim Dovguchits from IQeon: The main problem a lot of people face when they come to blockchain is accessibility and ease of understanding. For people outside the blockchain industry, especially if we take gamers, there is still not enough education on what is it and how an average person can interact with the blockchain.

IQeon strives to solve this problem in the sphere of gaming, by creating a convenient ecosystem where people can firstly earn a digital asset and only, later on, come to the full understanding of how it works.

Q — Telegram user Yeni Mariam: IQeon project gives users the opportunity to monetize their gaming and intellectual achievements via $IQN digital assets. Is there a requirement that must be met to be monetized?

A Vadim Dovguchits from IQeon: Very good question! The sense of the platform lies in making users achieve new heights in games. Using chat, players can agree on a battle in real-time, and then fight each other in favorite games for a digital asset IQN!

Yay! You can play just to train or assess the strength of an opponent

$IQN is an additional motivation to win for users. Competitors confirm their common amount of $IQN for which they play before a game. So all you need to get $IQN is to show great results and win the match. But it is possible to play not only for IQN. You can always choose a simple match to just train and estimate the strength of an opponent.

Q — Alexandre R from GAINS: Do you take a small percentage of the tokens when players wage tokens in PVP battles?

A Vadim Dovguchits from IQeon: Right now during the open beta stage, we do not collect fees, not even for withdrawals. But we have them already developed and tested out so they work perfectly: the fees in games for players and the fees for game developers.

Q — Telegram user Jhonathan: Receiving payments in mobile games through Google Play are associated with large commissions (30%)! What is IQeon’s commission charge?

A Vadim Dovguchits from IQeon: For now, the platform is at the stage of beta-testing, which means we don’t have any commission. But with this stage coming to an end, the fee rate will increase according to the WhitePaper.

Q — Telegram user Sharron Robertson: Can you tell us why IQeon chose the gaming sector?

A Vadim Dovguchits from IQeon: The industry of gaming is extremely promising. Its annual turnover is skyrocketing! And the edgy blockchain tech can improve the gaming sector and bring it to the new heights, as distributed ledger tech makes matches in games transparent, and the winnings — honest.

Q — Twitter user KadalMesum: What features of IQeon make you a game changer in the gaming industry?

A — Vadim Dovguchits from IQeon: Well, as we explored the market carefully before the project launch, we found out that 97% of players don’t have a tiny chance to monetize their game achievements. What do they usually receive for the victory? A drawn coin. Or just a pop-up “Congrats!”. So that was a trigger to reverse the momentum. We created the gaming platform, where users can participate in PvP battles and get the $IQN digital asset for victories.

The truth is that the unit of blockchain and games makes a very promising niche. The history of game changes is transparent and open to each user and smart contracts guarantee the integrity of gaming competitions. Technology makes competitions transparent and ensures that victories are fair.

Q — Alexandre R from GAINS: Makes sense. Rewards are cool for sure, and there’s also the option to play for free if you don’t want to risk tokens

A — Vadim Dovguchits from IQeon: True, and that is what in my opinion is meant to change the gaming industry — giving gamers the opportunity to monetize their time and efforts spent on their favorite pastime with the help of the IQeon platform.

Q — Telegram user Lushen: Users can earn $IQN tokens from one game and use it in another one. How can this be done?

A Vadim Dovguchits from IQeon: $IQN is an asset that can be used in all the games of the ecosystem, you’re right. When receiving it in one game, you can freely use it to participate in another match. This cross-game asset can be used everywhere within the platform and transferred to other assets or fiat money at will.

Q — Alexandre R from GAINS: How many active users are there? Do lots of people play with tokens or for free?

A Vadim Dovguchits from IQeon: More people play free games. We’ve recently rolled out the motivational system so even playing free games you can earn a small portion of tokens.

You can earn IQN while playing for free with their motivational system

Q — Telegram user Rsty: Do the games work on mobile?

A Vadim Dovguchits from IQeon: The games sure do work on most mobile devices. However, you may have noticed that the current list of the games is oriented mainly on desktop browsers. For the best gaming experience during beta testing, I recommend using a PC or laptop😊.

Q — Twitter user from day byi: If we consider your project from the point of view of a developer rather than a player, what are the advantages of your project for game creators?

A Vadim Dovguchits from IQeon: The architecture of the platform allows attracting game developers and building additional apps and connecting them via the API. The main incentive for indie-games developers who contact us is to realize conducting PvP battles using the internal game currency in their games. This gives additional motivation to both players and developers.

In the future, when the beta testing stage of the platform will be over, we want to update the system so that developers receive some profit for each match that is played for $IQN.

Security

Q — Alexandre R from GAINS: The first thing that came to mind to exploit this is to write a bot that’s very good at the games and beat human players. How can you prevent someone from taking advantage of the platform like that?

AVadim Dovguchits from IQeon: You get to the root of the problem. The issue with bots is widespread in the gaming market. The levels in games are generated randomly each time. Moreover, there is an option to include the blockchain hash generation to make it even more secure, but at the current state the transactions will most likely take an uncertain period of time so we don’t do it. We also have some anti-cheat things inside, but we keep them secret 😏.

Business Development

Q — Telegram user S.A.M. Crypto Trader: Is your project useful only to gamers? Do you plan to go into other areas in the future?

AVadim Dovguchits from IQeon: For now the platform only presents a gaming direction, but the plans of the company are far more ambitious. In the future it will be possible to integrate any application that requires additional users’ motivation into the platform. It could be either educational projects, applications for a healthy lifestyle, or any other initiatives.

Q — Telegram user Jade: Do you have plans to adapt or integrate more games that support more than 2 players?

A Vadim Dovguchits from IQeon: The opportunity to play in multiplayer mode is already integrated into our platform. 5 players can play one match at a time.

Q — Telegram user Mikurana: How is the IQeon infrastructure evolving for games that will require more complex and intensive management in the future?

A Vadim Dovguchits from IQeon: Since IQeon is a browser platform, we always try to make it even better. We are developing new solutions that will help us manage complex products. The team develops a client platform that will allow users to download game data on a PC and then launch the game online. At the moment, the development of the client is underway.

Thank you for coming in our group today and telling us about IQeon: a gaming platform in which people can monetize their gaming skills by winning PVP battles! I’m looking forward to your client application.

Keep us updated on your progress! Is there anything else you’d like to share?

Where can we follow IQeon? Alexandre R from GAINS

We will be glad to see all of you in our Telegram channel. Join our news feed as well to keep abreast of the latest project news😊 — Vadim Dovguchits from IQeon

Join us now! Enjoy quality articles, daily curated news, insightful infographics, and enter a vibrant, fun and knowledgeable community!

If you want to email us: contact@gains-associates.com.

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