The global gaming industry, as literally any other industry, is going through a period of transformation. Cloud technologies are disrupting business models and empowering game developers to build better products, and gamers to access them from anywhere and from any device.
Moreover, the shift to the cloud gaming technologies can’t be stopped or avoided: most gamers would prefer cloud to expensive consoles and hardware which inevitably lags behind the rapid development of graphics, streaming and VR. And yet 81% of gamers can’t get hold of the new games, still having the old hardware.
Gaming resources like Playkey could become a viable alternative. The company claims to be the first decentralized gaming platform in the cloud.
What’s remarkable about Playkey is that it not only offers cloud games, it also announced its plans for ICO which means a crucial benefit for gamers: wider availability of high-quality cloud games from anywhere and anytime.
How Playkey plans to change the face of the gaming industry
The ICO initiative is at the heart of the Playkey’s idea of a new decentralized gaming platform in the cloud.
By the means of ICO, the company plans to raise the resources necessary to create a gaming community that would operate on a few levels.
First of all, a global network of miners will provide advanced hardware that would enable gamers to access cloud games. All miners will consent to and follow the same service agreement that would guarantee a high quality of cloud games.
Second of all, all payments and transactions within the Playkey community will be made possible thanks to its cryptocurrency, PKT, which is based on the Ethereum blockchain. In the immediate perspective, Playkey plans to upgrade all of its accounts to PKT and offer its gamers the PKT wallet for all transactions.
Third of all, the Playkey Foundation will be the team responsible for the promotion of a new decentralized gaming platform, token emission and community development.
Benefits for different parties
The new model allows creating tangible benefits for all parties involved: gamers, miners and game developers alike.
Miners
- Miners can get hold of much better and cost-effective hardware that is proved to be two to three times more efficient than altcoin mining.
- Providing hardware to gamers is less risky than mining cryptocurrencies as it’s less prone to demand and value fluctuations.
- Competitive edge in generating new business due to the opportunity to cut prices dramatically.
Gamers
- Gamers will be able to access high-quality games anywhere and on any device. The new service will be particularly interesting for gamers with old PCs which can’t support new advanced games.
- An opportunity to save massively. It is calculated that a cloud subscription is four times cheaper than buying a powerful gaming PC.
- Accessing the game within seconds as opposed to spending hours downloading it.
Developers
- Game developers will use a decentralized platform to expand their customer base.
- Thanks to the funds received by the means of ICO, developers will be able to invest money and talent in creating the new cutting-edge offering.
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