Though intelligent games and puzzle games are one of the favourite genres of gamers where they spend a lot of time spent, active users and monthly downloads, such games are comparatively less monetized. This is because the users treat them as time-fillers and they don't make any in-app purchases. Incentivising such games is necessary to engage the users to make in-app purchases.
What is IQEON?
IQEON is a decentralised gaming PvP platform for tokenising and rewarding players for achievements which can be liquidated to fiat currencies. The IQN tokens are used in the IQEON ecosystem where the users can buy games. IQN is a ERC-20 token which runs on Ethereum blockchain network. Game developers can benefit from the platform ecosystem.
How are they solving the problem?
By tokenising the achievements on different games available on the platform, we create incentive of making in-app purchases in the games. The user always has the option to liquidate his IQN tokens earning at an exchange. This creates more engagement of users as it creates monetary satisfaction. There are some limitations about how the tokens can be managed which is mentioned in the whitepaper.
Developers can gain by developing their games using the IQEON ecosystem which provides infrastructure like APIs, SDKs to making building games easier. They have comparitively low charges on developer fees withdrawal. They say that the charges on withdrawal fee cannot at any moment increase more than 10%.
Team & Advisors
They have a good number of people in their project team who have long experiences working in the IT industry. Their advisors team consists of people who are working in the finance industry and blockchain enthusiasts. They have been mentioned on many media websites(36 mentioned). Currently they have partnered with 11 companies. Check the project team and advisors here.
ICO structure
Total number of tokens are 10M IQN. The number of tokens available for the pre-sale 1 & pre-sale 2 are 500k and 800k where 1ETH = 550 IQN(Pre-sale 2). The token sale starts from Jan 30 to March 13. The number of tokens available for the token sale is 5.7M where1 ETH = 325 IQN. Bonuses upto 30% are available for first day investors. Earlier you invest, more the bonus you get awarded. The bonuses are reduced weekly. BTC, ETH, LTC are accepted for payments. There is no minimum and maximum transaction limit. All unsold tokens will be burned. Currently they are not having any KYC but may be added later.
Conclusion
They are already having working prototypes of parts of the IQEON ecosystem. They will further be developing other parts of their ecosystem. The roadmap that they have presented on their website is realistic and achievable. 60% of the funds raised from the token sales will be put for platform development, 25% to marketing/advertising and the rest go to other expenses. Incentivising users playing intelligent and puzzle games seems like a prospective idea.
If you are interested in contributing to the project, the token sale is open at https://iqeon.io/. Please read the disclaimer.
DISCLAIMER: Please do read the whitepaper, join the telegram channel and do your research before investing as ICO investing involves high risk. I shall not be deemed liable for any profits or losses. Thank you!
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