Did you know, that the Global Games market is currently worth over a $110 billion? In fact, this ever growing market has been projected to attain a whooping value of $128.5 billion by 2020. For me, this does not come as a surprise, considering the amount of money and effort that is continuously been pumped into the gaming market by developers, gamers and investors. This is a market that grows at a rate of $108.9 billion per annum with a 2016-2020 forecast of 6.2% CAGR (Compound Annual Growth Rate). Considering the above statistics, one thing is quite clear to me: the gaming industry is increasingly becoming one of the key trends in this digital age. It is lucrative, fun and a smart choice of investment. Fortunately, things are just beginning to get better, with the introduction of Chimaera, the Global Gaming Industry is about to encounter a major revolution and an incredible transformation.
Chimaera, what is it?
Allow me to put it this way, Chimaera is a decentralized and tokenized blockchain based gaming platform which empowers developers to create and publish their dream games at a significantly reduced cost and at skyrocketing speeds. Equally important, it enables gamers to enjoy an extremely appealing virtual universe while competing for gaming assets that have real world value. The Chimaera community provides a network of talented gamers and developer alike with whom you can socialize, learn and trade.
The platform also introduces the CHI coins, which is basically a form of reserve currency of the Chimaera Blockchain. With CHI coins, users can trade other digital assets, purchase a in-game items, create accounts as well as participate in crowdfunding of potentially lucrative startup games and projects. As the platform develops, I see 3 major ways through which user may acquire CHI coins: they can buy the coins directly using fiat or cryptocurrencies, they could also earn CHI via the development of games and gaming apps, and finally, a user may earn CHI as a reward for their efforts in-game (human mining).
Now, consider the following problem statements:
Statement 1
My good friend, John, is a very talented and hardworking Ghanaian developer. At least, 4 of the most widely played mobile games in Ghana are credited to him. Just last week, John revealed to me that he had been working towards the creation of a more complex and appealing game world. He intends to take a step from mobile games to a more advanced multiplayer video game. He however noted that, he would require a great deal of time and financial commitment if he is to make any significant progress towards the development of the said game. The costs and burdens associated with hardware servers and maintenance is something he has been battling with. He simply just doesn't have the necessary tools and platform to continue with the creation and publication of his dream game. John reluctantly hints that he may have to put his project on hold until such a time that he feels he's ready enough.
Solution 1
I introduce Chimaera to John and he decides to try it out. He finds that the Chimaera ecosystem provides a wealth of tools and infrastructure for game developers to build their own game worlds that fit their vision and project. More interestingly, John can also leverage the Chimaera technology to issue his own game currency that can be traded for CHI (a type of Chimaera ecosystem token) or other Chimaera game coins and assets. Simply put, he can now create and publish his dream game at a significantly reduced cost and at an incredibly faster rate.
Statement 2
Elina is a 21 year old gamer. She is very good and passionate about gaming and has been very successful at several games over the past couple of years. The problem is, the current games on the market are not as rich, complex and fulfilling as she would have wished. Also, Elina spends a lot of her time on gaming and would have wished that the efforts and time she expends into it would be duly rewarded. She sometimes have to take a break from her gaming activities to run a part-time shift at a local restaurant just to gather some quick cash. Simply, she hopes for an increasingly rich virtual gaming universes in which virtual asset ownership is important for gamer status and progression through a particular game.
Solution 2
Elina is introduced to Chimaera by an online friend. Upon joining the ecosystem, she realizes that the platform, through what is called Decentralized Autonomous Universes (DAUs) provides her with an almost infinite virtual world of possibilities and creativity, a community that allows for fair competition and effective socialization, and an opportunity to earn CHI (a type of Chimaera utility token) for her efforts in-game. In what is referred to as Play-to-Earn gaming, Elina could compete fairly for scarce and valuable resources which can actually translate into real world cash/assets. So, as you would probably guess, there will be no need to work part-time anymore, as she can now kill two birds with just a stone.
Chimaera, How Does it Work?
The Chimaera Team has carefully thought out a decisive road map and intends to roll out the ecosystem in 3 fundamental phases:
Phase 1 (Building The Foundation): This first phase is aimed at laying a strong foundation for the ecosystem. This is great news for developers who have knowledge and expertise in video gaming and blockchain technology. Chimaera intends to offer generous grants to and funding to assist developers create and publish the very first series of games on the platform. Like my good friend John in Statement 1 above, this will be a wonderful opportunity for him to contribute to the ecosystem while using the opportunity to materialize his dream games.
Phase 2 (Offering Opportunity): once Chimeara has successfully consolidated its first series of games onto the platform, the next step will be to open a kind of online market place, one that is built to resist fraud, to enable users easily trade their assets. At this juncture, users who are either interested in experiencing these amazing games or in earning some money, can now begin to interact with Chimaera. By bringing more transactions and investments, this group of users will expand the Chimaera economy as well as increase the pool of active players.
Phase 3 (Mass Adoption): this is the final phase, the point at which Chimaera is expected to go mainstream. By this point, I have no doubt in my mind, that the gaming world would have come to see Chimaera for what is it: the future. There will be a wide pool of both active players and investors alike. The Chimaera economy would be expected to be in great shape and lots of game studios will be eager to work along side this wonderful community.
What Difference is Chimaera Bringing on Board?
- HUMAN MINING: this is going to be a very effective way of rewarding gamers for their in-game efforts. users can fairly compete and win scarce and valuable digital assets. In this genre, blockchains are propagated and rewards are distributed on the basis of player success in online gaming competition.
- DAUs: Decentralized Autonomous Universes are said to represent Chimaera's maximum potential. They allow unstoppable game worlds that are provably fair and secure.
- ATOMIC TRADING: this is a marketing mechanism built to resist fraud, this guarantees safe trading of virtual assets where everyone gets what is agreed upon.
- GAME CHANNELS: With game channels, any number of players can participate in real-time, trustless gameplay.
Conclusion
By way of summary, let me say that Chimaera is the ultimate blockchian gaming platform. It is here to mark the break of a new down in the entire global gaming industry. With Chimaera, you get to bring your dream games to life at a significantly reduced cost and at amazingly faster rates. Whats more? you get to establish a life in a virtual gaming universe with almost infinite possibilities and creativity. And in doing all this, you get to earn various digital assets which have real world value. What else could could anyone ask for?
Meet The Teem
The Chimaera team is comprised of the original inventors of blockchain gaming.In 2013 the team created the world's first true blockchain game, the world’s first decentralised MMO and the first cryptocoin with Human Mining, Huntercoin.
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