You cannot deny the fact that Internet not only has revolutionized our world, but reversed our life, too: we are used to wasting time looking through media files and different contents, playing video games, chatting in social networking sites, and watching YouTube videos with its never-ending ads. Gamers, by the way, are a specific tribe, obsessed with a desire to have fancy in-game stuff and advance through a game. Pure insanity (sorry, obsession) of gamers is a driving force for the game infrastructure which develops at a rapid pace with new games popping every single day. Trying to attract and retain a target audience, every computer game strives to be more colorful, entertaining, and challenging than its competitor and bring more players to the platform.
No, I am not wandering from the point – I just want to clear the air why Egretia could become quite a useful product… So, the video games sector is an extremely profitable business whose capital turnover accounts for whopping $100 billion. Egretia’s ambition is to become the Number One content provider in the game industry by offering a platform on the basis of a hypertext markup HTML5, which has long been used by such transnational corporations as Google, Facebook, and other established players. The idea behind Egretia is to provide game and app professionals with tools and resources to step up the games’ functionality, improve game graphics, and bring more players to the game landscape, thus, contributing to its further growth and prosperity.
What is Egretia?
Egretia is an innovation platform for the game industry with an object to merge HTML5 and blockchain technologies. The platform creators believe that such symbiosis will eradicate all the problems of today’s game industry including:
- An absence of decentralized platforms to store and trade virtual assets of gamers.
- There is no “fairness” in games (what do they mean by that?)
- There is no global, standardized, and failure-free payment method for content providers and consumers.
- There are no workable mechanisms which would allow game and app professionals to protect their copyright property.
- The insufficient motivation of teams to develop amazing games and apps.
- Deficit of workable solutions to monetize a source of traffic from a game in an appropriate way.
In-game goods are an essential part of modern video games, most often, quite expensive. The matter is that there is no a secure way to sell or exchange such items when they are not necessary any longer. Egretia creators hope that traceability, safety, and decentralization of the blockchain will help to get rid of such a bitter problem and ensure a proper respect for authors’ rights for game developers. And the HTML5 language, in its turn, will present the game infrastructure with multiple practical solutions.
How will Egretia be organized?
By joining forces with Egret Technology, an Internet technology company offering HTML5 mobile solutions and services for the game and app designers, Egretia would integrate their blockchain into Egret’s HTML5 workflow to breed a full-fledged ecosystem for programmers, content-makers, advertisers, and gamers. In other words, the Egretia Ecosystem will provide these categories of users with everything they need to lead a happy life in the virtual world of Egretia. When I say “everything”, I mean the following:
HTML5 Blockchain Engine and SDKs to empower game & app professionals to design blockchain games and applications or put existing HTML5 games onto the blockchain technology.
Advertising Platform. Egretia will capture the portraits of their users through KYC principles to provide them with a personalized advertising content and promote the circulation of Egreten (Egretia’s token).
Communication and Storage Platform will provide solutions to for a decentralized, server-side data communication and storage.
Game Distribution Platform is an official Egretia dapp meant to incentivize gamers with Egreten digital tokens for playing games on the platform and reward game developers for operating the games.
Trading Platform will allow Egretia games fans to sell, buy or exchange in-game goods on the platform.
Incubator will help game development teams to build and promote their products around the world.
All these Egretia components will enable developers & programmers even with the minimal technical knowledge to create, debug, publish and package high-quality gaming content in an intuitive developer environment, while game users will enjoy a communication and trading platform to share their experience and trade in-game articles.
How will Egretia Work?
Egretia wants to provide every its user with a unique digitally-encrypted passport to ensure the safety and authenticity of all participants of their ecosystem. Also, users will have access to a highly-secured e-wallet, which will be as a standardized payment solution for all HTML5-based blockchain apps and games. Transparency of the blockchain technology coupled with a unique passport for every Egretia user will foster a trusted and secure platform for internal transactions, deals, and exchange of virtual game assets. There is a beta-version already available! If you want to try Egretia, click the link and apply as a beta tester.
Egretia Token and ICO Details
Egreten is a cryptocurrency of the Egretia Ecosystem. It can be used as:
- A standard payment unit within products and services developed with the help of Egretia tools and SDKs;
- A token for purchasing in-game items, paying for content powered by Egretia;
- Users’ reward for participating in games constructed on the top of Egretia;
- A means of payment for advertising on Egretia ad platform;
- Distributors’ reward for distributing content created via Egretia;
- An official token for Egreten digital wallet.
Egretia ICO quick facts
Token Sale Period: 26 MAY – 30 MAY
Token Symbol: EGT
Token Type: ERC-20
Token Price: 1 EGT = 0.0101 USD (0.00001 ETH)
Token Value: 1ETH = 70,000 EGT
Softcap: 10000 ETH
Hardcap: 35000 ETH + 6,000,000 CMT (CyberMiles) + 1,000,000 ABT (ArcBlock)
Raised During Private Sale: 25000 ETH
Token Amount: 8 billion
Tokens for Sale: 39%
Whitelist: YES (JOIN )
KYC: YES
Minimal/Maximal Purchase: 0.1 ETH / 3 ETH
Accepted currencies: ETH, CMT, ABT
Company Location: Egretia Foundation Ltd., Singapore
Denied Countries: USA, China, OFAC List
Bottom line
The game industry is thriving with its annual capital turnover gravitating towards hundreds of billions of dollars. But people cannot get enough expecting from developers more sophisticated and thrilling games. Egretia will help game and app professionals to build, advertise, and manage high-quality products in a smooth and effective way by combining HTML5 and blockchain technologies. The project will also provide gamers with a single environment to securely store, buy, and trade in-game goods. But like with any other blockchain initiative, the success (or failure) of Egretia is to be seen.
Egretia additional links
Website | Whitepaper | Telegram | Twitter | Facebook | Blog
Authored by: Will.Smith(@iwgeiw)