GXC as a Google of Game Platform Industry

Nam Woong Kim
GameXCoin
Published in
2 min readAug 8, 2018

Original Article: http://www.dailysportshankook.co.kr/news/articleView.html?idxno=194182

It seems like Blockchain technology can be adopted by game industry.

On July 30th, Adkrypto and BRP co-hosted blockchain conference in Coex, Gangnam. At this conference, well known blockchain projects like Fleta and Adkrypto discussed about their projects with the audiences. Among them, Game X Coin, a blockchain game platform, got a lot of attentions from audiences since it recently launched its own testnet.

Game X Coin is created to solve the problems that current game industries face. By adopting blockchain technology, Game X Coin is creating a decentralized game platform that can directly connect game players to game developers without central mediators. Their decentralized Exchange is one of the perfect examples of this. Most importantly, Mr. Gang Seok Kim, a former CEO of Bluehole studio, joined GXC as an advisor. Bluehole Studio is known for developing popular games such as Battleground and TERA. With the supports of game industry tycoons, GXC is going to launch its mainnet before 2019.

GXC’s COO Jay Heo said, “GXC’s ultimate goal is to become Google of game platform industry and Binance of game cryptocurrency. GXC is going to be the first company that spreads blockchain technology in game industry as a whole”

Meanwhile, EOS, a blockchain platform known as Ethereum Killer, had a lot of issues regarding to its RAM market because RAM price skyrocketed. Unlike other EOS resources (CPU and Network Bandwidth), people have to purchase RAM resource in its market, and this caused drastic increase in RAM’s demand since people expected Ram price to rise. Of course, this drastic increase in demand led to price increase by almost 20 times. This was a huge problem because the higher RAM price is, the higher cost that Dapp developers have to pay. This increased cost became very burdensome for Dapp developers, and some companies decided to create their own chain by forking EOS’ blockchain. Game X Coin is one of them. Game X Coin is in a process of creating a blockchain based ecosystem that is not burdensome for both game players and game publishers by ameliorating the problems of EOS ecosystem.

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