TEDCHAIN PROJECT-(ICO 2018) DECENTRALIZED GAMING ECOSYSTEM

INTRODUCTION

The gaming market is booming, with a total revenue exceeding $100 billion. There are more than 2.3 billion active players in the world, and this number is growing rapidly. We should redefine how we think about this industry. This is not purely about playing anymore. Most games now provide consumers with entertainment on three different levels: playing, viewing, and creating. Game studios are evolving into all-around entertainment companies, erasing the boundary between gaming, media, telecom, and traditional sports industries. Below, you can see the revenue breakdown per segment.

Not all games are created equal, so not all of them are blockchainable. There are, largely, two types of games from a monetization standpoint:

•The “pay-to-play” model (i.e., players pay real money to get access to the game)

•The “free-to-play”, which come in various forms, such as freemium, pay-to-win, etc. The monetization depends on how the in-game content is distributed among players and how it affects the game balance.

In the modern gaming market, developers often use a combination of these techniques to attract users and to retain their attention. The most widespread model is free-to-play since it does not have any entry barriers. The same model enjoys the greatest interest among blockchain projects since it is based on a large number of microtransactions inside the gaming universe. But rare are projects that concentrate on one particular game; usually they tackle issues with the infrastructure in general.

But let’s go back a little into the past, where games like this all start. The first attempt to merge blockchain technology with gaming resulted in HunterCoin back in 2014. It was a simple, online multiplayer game, where players collected coins in a virtual universe, with some p2p battles over resources. This however, was mainly a ‘proof of concept’ and it had many drawbacks.

Spells of Genesis was next. It’s a trading-card game that includes arcade-style gaming aspects. At the time, the card trading games market was already heated with Hearthstone from Blizzard, along with many other small competitors. ‘Spells of Genesis’ broke into the empty crypto market, raising 934 BTC during the ICO. Thus starting a new wave of crypto-gaming, with dozens of projects popping up on the market from then on.

The next step was to create closed universes with in-game cryptocurrency. Here are just a few:

•Beyond the Void – RTS (real-time strategy) game with MOBA (multiplayer online battle arena) elements

•Lordmancer 2 – MMORPG

•Skara – game development studio with its own digital universe

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These games are digital universes with in-game currencies for trading digital assets and buying content. This approach, however, is a little controversial. Implementing the blockchain into these types of games definitely offers some advantages, but until their currencies operate in a closed ecosystem, they will not achieve mass adoption. They either need to look for partnerships with other games, shifting assets back and forth, or search for additional use-cases outside the games for their coins.

Currently, we are right at the beginning of this trend, with a number of technical problems inherited from the blockchain ecosystem, such as scalability and speed. The set of games available is highly limited, and the blockchain is almost unusable for real-time games. As blockchain infrastructure evolves, it’s likely that we will see a growing interest in implementing blockchain into some gaming mechanics to increase trustworthiness, but we are not there yet…we need the ecosystems first. So, let’s try to consider the possibilities of using blockchain in the current gaming infrastructure.

Today, I will be presenting you a particular undisputed project called: TEDCHAIN

WHAT IS TEDCHAIN?

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Tedchain: is a decentralized and cross platform crypto currency dedicated to enhancing the gaming experience on the blockchain. We are developing mobile games that allows players to mine crypto currency and spend it outside of the game. By working closely with game developers, Tedchain promises to offer players around the world a great gaming experience. If the research team applies their great successes in the gaming industry to Blockchain technology, it will be very cost-saving to gamers and profitable to game developers.

We believe that blockchain and the gaming industry combination will be the next ground breaking revolution in our time. The project is being developed with love for decentralized gaming! We not just create games just to impress a child. We want to bring change and make difference in lives of those who desire optimism. Making the gaming decentralized, available and joyful for everybody.

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Tedchain: is a blockchain technology dedicated to allowing fast, easy, and cost effective deployment of decentralized applications (Dapps). By utilizing Node.js and incorporating consensus, hosting, storage, and compute modules into the core technology, operate within a sandboxed Node.js runtime environment, along with a custom built decentralized application store, Tedchain is able to provide a complete solution for the entire Dapp development cycle. Every decentralized application (dapp) on the Tedchain network has its own uniquely customizable blockchain.

ABOUT TEDCHAIN

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Tedchain Network is a self-contained high-speed global network and decentralized platform dedicated to gaming from the very beginning. This means we have the unique ability to target the gaming industry directly using the best of the emerging crypto currency, blockchain, and smart contract technologies. Our mission will be to develop and operate the Gaming Ecosystem - The decentralized platform where community can play games.

Tedchain also developed a new protocol. The Tedchain Protocol - A decentralized blockchain solution that focuses on the transfer and exchange of virtual goods and services. This protocol is focused on serving the rapidly growing gaming industry but is flexible enough to meet a variety of other use cases. Tedchain will meet the needs of customers who use a huge number of gaming platforms - each with their own exchange model and transfer conditions - while supporting the entire network. To meet the high throughput demand of these markets, a Delegated Proof of Stake consensus algorithm was selected, with selected confirming nodes.

Tedchain also develop the marketplace - A global peer-to-peer marketplace for video game virtual goods trading based on decentralized. It will allow the global pool of buyers and sellers to access the global supply of virtual goods in a decentralized market while eliminating financial risks they encounter from the prevailing consignment-based marketplace model in use today.

Tedchain will be decentralized and cross platform mean of payment dedicated to enhancing the gaming experience on the blockchain. We're developing mobile games that allows players to mine crypto currency and spend it outside of the game. By working closely with game developers, Tedchain promises to offer players around the world a great gaming experience. If the research team applies great successes in the gaming industry to Blockchain technology, it will be very cost-saving to gamers and profitable to game developers.

THE NEXT GOOGLE PLAY / APPSTORE OF THE BLOCKCHAIN

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The TED Decentralized Play Store is a portal for accessing all the decentralized applications, currently running on the Tedchain network. Similar to the Apple App Store or Google Play Store, users are provided with a user interface, that presents dapps in a categorized fashion, allowing dapps to be launched easily and immediately, at the click of a button. While also providing an excellent user experience for anyone looking to make safe & easy transactions within seconds. Tedchain's very own Dapp store gives consumers the same if not superior interface consumers have come to expect from existing centralized solutions currently dominating the market.

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Developers are able to publish their decentralized applications (dapps) for consumption, onto the official TED Decentralized Play Store. Giving consumers a familiar if not superior user experience, they have come to expect from existing centralized solutions, currently dominating the market. We believe our Dapp Store has some huge advantages over existing implementations. It gives developers an easy to deploy, and non-intrusive distribution method. Plus, consumers can find and use dapps in much the same manner they are accustomed to, while taking comfort in the knowledge, that every dapp is backed by the provably secure, Ted blockchain (Tedchain)

We're creating a new economic segment. Any kind of collaboration between gamers and game developers on Tedchain platform will be regulated by market demand. Therefore, gamers have their own interest in collecting rare items, and game developers are interested in creating and maintaining unique, relevant and tradable gaming content.

TEAM MEMBERS