MagnaChain is set to completely revolutionize the gaming sector via blockchain
Blockchain gaming presents a fresh angle to the budding industry (Image by JESHOOTS-com on Pixabay)
With MagnaChain’s IEO scheduled for today at 12 pm KST on Korean global cryptocurrency exchange Probit Exchange, it is important to understand their objectives as well the unique way they set out to tackle the problems facing gaming developers today.
The countless numbers of gaming titans have made it very difficult for smaller or independently owned game producers to gain the exposure needed to establish a competitive revenue stream. Limited funding further compounds this inability to acquire the marketing initiatives that major publishers use to push their products through to the masses.
The solution
MagnaChain will pioneer the world of blockchain games (Image by WorldSpectrum on Pixabay)
MagnaChain provides a first grade, built from scratch public blockchain platform supplemented by fine-tuned integration tools aimed at facilitating DApp development. Backed by Chinese online game operator The9 and blockchain VC fund CMCC Global, MagnaChain is set to build an ecosystem supporting game developers.
MagnaChain places a heavy emphasis on the gaming sector as they provide an efficient solution for gaming developers to showcase their work and help them garner additional exposure. Software Development Kits (SDKs) help provide a seamless solution for gaming developers to bring their games onto the blockchain even without the know-how of complicated blockchain coding languages.
Open source and DApps on MagnaChain is slated for 2019 Q2, with MagnaChain aiming to list over 50 games and various DApps. The Singapore-based company won’t be resting on their laurels however, as they expect to reach over 1,000 by 2019.
Their ultimate goal is to capitalize on their proprietary blockchain technology to erode the barriers that developers and their user bases face in the current system. By providing more direct access than ever, MagnaChain will help reinvigorate the gaming ecosystem by establishing a more effective infrastructure for developers to take advantage of.
MagnaChain’s team of veterans have provided a platform capable of simultaneously processing millions of transactions to ensure high stability and efficiency across all networks.
Addressing both gamers and developers
While amassing digital collectible items has become a more prominent feature in crypto-based games, MagnaChain has placed themselves in a strategic position to capitalize on the as of yet unsaturated market for true crypto gaming experiences.
MagnaChain will democratize the gaming ecosystem by providing access to their large user base for developers. This provides a major advantage for many developers who are now able to bypass their limited exposure and gives them a chance to unveil their hard work. Gamers are provided with a wider array of creative projects, from which those that meet their standards will be able to gain momentum.
Photo by Sergey Galyonkin via Flickr. (CC BY-SA 2.0)
Essentially, MagnaChain provides a versatile marketplace for both developers to gain traction for their creative works while gamers have a wider selection to satisfy their gaming palette. This will help dissolve entry barriers in the gaming industry while simultaneously invigorating creation and innovation for the benefit of both sides.
With its potential to transform the gaming industry, MagnaChain presents an intriguing investment opportunity so don’t forget to join in on the MagnaChain IEO at ProBit Exchange today.
