The gaming industry is growing exponentially and the revenue that is being generated from it is over 116 billion dollars and its way exceeds that of the sport industry. This industry comprises of the games ranging from that of handheld devices to the consoles and the pc gaming and more people use this as a form of entertainment to movies and others.
But this industry is faced with problems which include the centralised nature of the gaming industry as most of these games produced do not have international support for multiple currency. Games released in regions such as China only support their local currency and users in USA cannot use their payments to utilize the games. So for a developer to have to include international support, he has to look for partners to handle the currency exchange thereby incurring extra costs and has to bear the delay in his payments.
Another issue is the marketing costs that increasing by the day. For a developer to promote his new game, he has to spend a lot of money for players to discover his game with the help of third parties advertising. His game exposure is very limited and sometimes due to the rules of distribution platforms, the games get adjusted just to be listed in them thereby reducing the gamers interests in them.
To address the issues, a platform called the EON platform was developed to tackle all the problems.
What's the EON platform?
With the use of the blockchain technology, a platform called the EON Platform was developed to address the main issues found in the distribution of games. This platform enables developers to create decentralised games called the dgames. It has the goal of bringing fun and Value to gamers through a very efficient, secure and a globally accessible network.
How Does the EON Platform solve the above issues?
This platform solves the problems faced by games and their developers by the following way.
Provision of a Global Payment Network - with the use of a blockchain-based system, this platform uses cryptocurrencies for its transactions and this will allow users to be able to use it as a form for in-app purchases. Also the developers will not have to worry about using exchanges for local currencies and will be able to receive their payments fast and very efficiently.
Promotion of a wider discovery of Games - with the use of smart contracts, developers can promote their games to reach a wider market range and it will be easier for them to be able to track the traffic of these games and earn more in return. This way they can release games that will motivate users to play them.
EON Token and ICO details
The EON platform is run with the use of the EON token. This EON token is an ERC20 token based in the ethereum platform and its a utility token. The EON token has a hard cap total supply of 2.1 billion and this token can be used for
- Payments of games on the EON platform by users to developers
- Can be given as referral rewards to gamers as they invite their friends.
- Can be given as incentives to users for playing a game.
- The tokens can be exchanged for money on exchanges.
The whitelist for the EON ICO is taking place presently and its taking place from 5 July to 15 July 2018 and ETH is the preferable currency accepted for a buy in.
For more information, please visit
Website: http://eontoken.io/
WhitePaper: https://docsend.com/view/yuhe5nc
Telegram: https://t.me/eontoken
Facebook: https://www.facebook.com/eontoken/
Twitter: https://twitter.com/EonToken
Medium: https://medium.com/@eontoken
ANN: https://bitcointalk.org/index.php?topic=4431010.0
Author - hamzeto
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