The mobile gaming industry is one of the most actively developing. In 2018, the capitalization of this market will reach 50 billion per year. About 95% of this market is held by monopolists - large companies of mobile video game developers, who, in fact, are just intermediaries between developers and gamers. This causes certain problems and barriers to the development of the industry as a whole. Today we will talk about the ICO of the Ted chain project, the team of which intends to implement its plans and solve these problems with the help of Blockchain technologies.
Problem
App Store and Google Play once made a real boom in the entertainment industry. It also enabled independent developers from all over the world to monetize their technical talents. More than 10 years have passed since then, and the mobile gaming industry has accumulated significant problems.
Until some time, everything was good – the developers developed the game and earned on it, and gamers chose what they like. But over time, due to the increase in the number of players, marketing has risen significantly and the market took several key players. The rest of the developers were left out of work. According to statistics, 88% of the games App Store and Google Play are virtually untouched.
At the dawn of mobile games, the emphasis in their development, first of all, was put on the quality of the game, its fascination, and the processes of monetization of the game were almost imperceptible. Development costs fought off due to a large number of players and little competition. But now monetization is more noticeable. This is reflected in the greater volume of advertising in a smaller period of free access with freemium monetization models, greater receipt of subscription, etc. This could not be reflected in the quality of content and process, the proportion of consumers moved into other markets. The market growth has become restrained, despite the fact that the number of smartphone users is growing. Tedchain sees how to use Blockchain technology to deploy this downtrend to a positive one.
Decision
Tedchain is a blockchain platform for mobile games. It allows developers and players to mutually cooperate by jointly developing and promoting game content.
Tedchain is a self-developing system. It has an internal economy built on the TED token, which is a means of transferring value between systems that are part of the Tedchain ecosystem. For example, the Proof-of-Game algorithm allows players to monetize their gaming activity in TED tokens.
Tedchain also provides an incubator for development teams. In it, they can acquire all the necessary skills to create and promote mobile games.
Tedchain provides for a fair system of rewards for all its participants, bypassing intermediaries, developers who usually have this role.
Developers Tedchain offers the widest range of environments and tools for developing integrated ecosystem Tedchain.
Project team
Team Tedchain has 7 years of experience in the development and promotion of the development of games. It consists of strong businessmen, managers of business models and brands. The games developed by this team are already played by 12 million players worldwide.
ICO
- The name of the token: TED
- Currency of investment: BTC, ETH, LTC, BCH, FIAT
- ICO start: July 17, 2018
- End of ICO: 8 October 2018
- The issue: 10 000 000 000
- Soft cap: $3.5 (collected)
- Hard cap: $21.5
- TED token price: from $0.01 to $0.065 depending on the bonus
The bonus system is presented below:
Summary
Tedchain is a worthy representative of the ICO industry. A strong idea, an experienced team, an operating business – all this and many other things are already yielding results. Soft cap has already been assembled, and it happened on the Pre-ICO. On ICO project listings Tedchain has high scores from experts. The first round of ICO will start in a few hours.
Official resources of the project Tedchain:
