For reasons I hardly have time to explain, I have always loved video games.
I was hooked on most popular games, from PacMan to CandyCrush, I even loved the Super Mario Titles and pressing the buttons on the screen of my smartphone while trying to beat the highest scores on Angry Birds, took my boredom away. But the good thing is that I am not alone in this love for all things related to joysticks, consoles and game art.
Globally, 2.3 billion gamers are expected to spend $137.9 billion on digital games in 2018. With mobile gaming taking more than 50% of the revenue, followed by console and pc gaming respectively.
Blockchain gaming, although in its formative years ( Hunter Coin, the first title was released in 2014), is gradually getting a piece of the action, flooding the market presently with games such as the online battle arena "Beyond The Void", the gambling based "Edgeless" and a title that reminds me of Pokemon Go (Cryptokitties).
From the above figures, it is safe to assume that game developers are recording high profits. The Chinese gaming company, Tencent witnessed an increase of 40% in sales (as a result of its popularity of its Honour Of Kings) reaching up to $8.0 billion in sales in the first part of 2017. This gave Tencent the number one spot in the global gaming rankings with Sony coming in at second.
Revenues are good and records are made but the gaming industry has some setbacks that make the business of creating this form of entertainment, less attractive.
Presently, issues in payment by traditional gaming distribution platforms, increased cost of marketing and the pressure to get exposure on the traditional platforms forces developers to design without putting the feelings of gamers into consideration are some of problems faced by gaming developers in the line of business. Using blockchain technology, the Entertainment Open Network (EON) platform will make these issues, a thing of the past.
How Will EON Help?
EON is a decentralized platform for the distribution of digital games and is supported by blockchain infrastructure. This platform will be an ideal spot for gamers to discover new games, play and share with other gamers on this platform. It will also allow payments to be made to developers easily and reduce their cost in marketing (since the gamers can easily discover the games, themselves).
Furthermore, better games will be created by indie developers as they can have more capital to get quality teams and resources.
The EON platform is made of up a game discovery system ( where gamers can discover and buy games using cryptocurrency), a referral system (the main part of the system that allows developers reward gamers for bringing in new users.), a game community (this is the part of the platform where social networking is possible between gamers) and the developer system, where game developers can perform activities such as determining rewards to updating track statistics.
Token
The EON token is the official token of the EON distribution platform. It will be used to reward various activities well as perform transactions on the platform. The token will also be utilized in the popular mascot game also developed by the EON team, CryptoAlpaca.
Other ways to spend the token will also be suggested by it (EON).
Competition
With increased interest in cryptocurrencies various projects have tried to gain prominence in the gaming industry using the blockchain.
This include GameCredit, Dmarket and MobileGo. They all have the disadvantage of running centralized platforms which are vulnerable to security risks.
On the other hand, EON's decentralized platform prevents third party interference, as a result keeps consumer data safe.
Partners
The Entertainment Open Network platform is in partnership with various firms. These firms will provide the needed support to make the project a success. They include;
Quarkchain: A project that aims to achieve millions of transactions on the blockchain.
UpHonest Capital: A venture capital firm that provides promising startups with needed capital.
Imo Ventures: A seed investing company that is privately owned and operates in China and the US.
Merculet: A platform that will provides resources needed for enterprise growth.
Other partners include FreeFunds and the USC games program.
Team
The team consists of seven members, headed by Stanford trained Aron Lyu, an early adopter of the bitcoin and entrepreneur. Other co-founders include Tao Hu, a software engineer and Mark Nedzelski, the community project manager of the platform. The team is supported by advisors with experience in the gaming industry.
Roadmap
Conclusion
The EON concept will be of immense benefit to gamers and developers alike, making the cost of creating games cheaper and giving consumers rewards for bringing in new users.
The team behind the platform is quite experienced and has achieved recent success with the launch of CryptoAlpaca (with over 200,000 registrations made already). With this in mind, I believe they have what it takes to stand out against the major competition other platforms may present.
ICO OVERVIEW AND TOKEN DISTRIBUTION
2.1 billion worth of tokens are available for distribution and will be shared among the various participants on the platform.10% of the EONs will be available for the team and advisors each, 30% will be put up for sale, another 30% will be shared between gamers and developers while the EON foundation takes 20% of the tokens.
TOKEN SALE: 25TH JULY
TICKER: EOT
TOKEN TYPE: ERC20
TOKEN PRICE: 1 EOT = 0.0280 USD
FUNDRAISING GOAL: 15,000,000 USD
TOTAL TOKENS: 2,100,000,000
AVAILABLE FOR TOKEN SALE: 30%
Questions or enquiries regarding the Eon Platform are welcomed from our esteemed readers.
For more information about this viable platform, feel free to contact any one of the company representatives through any of the following links listed below.
SOCIAL LINKS
TELEGRAM
ADDITIONAL LINKS