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There has been an exponential increase in the number of games available for gamers to choose on mobile gaming platforms. From December 2009 to 2017, the number of application spike from 16 thousand to 3.5 million. It is increasingly difficult to capture attention and retain users.

PlayGame.com is here to address mounting challenges that game developers and publishers are facing. We combine our experience as game developers and technological startup founders to meet the demand of crypto enthusiasts to integrate cryptocurrencies into games. Founded in 2018, our company is based in Singapore and funded by a top tier venture capital investor. We have built games on Google Play and Apple’s App Store with over 50 million downloads and millions of daily active users. We intend to leverage on our deep knowledge of the mobile gaming industry, the startup payment and security functions of a marketplace, and the technological expertise of the current platform to grow and scale a new decentralized gaming ecosystem.

PXG is a crypto-token of fixed supply. Only 1,000,000,000 (1 Billion Token) will ever be created. It is fractionally divisible, and units of PXG are fungible and transferable.The Ethereum blockchain will serve as the backbone for PXG. We have chosen Ethereum because of its flexibility and adoption rates. Gamers can easily send PXG to play on our platform and to each other, provided both the sender and recipient have an Ethereum compatible wallet. Game developers and publishers can incorporate this function – for gamers to pay and participate in game rooms and tournaments to earn more tokens. The blockchain will act as a multi-game database, securely storing all leaderboard scores and PXG. With the new PXG token, we aim to create a digital decentralized arcade playground for Crypto-holders and traders, while also helping game developers and publishers to build their games without worrying about CPI-cost, costly team building and maintenance of F2P gameplay. Blockchain technology makes it possible for gamers to find, fund, play and win tokens from the games they love, and for game developers to build them.

Business Model

In PlayGame.com, gamers (crypto traders) must “insert” a certain amount of PXG to participate and play in a time exclusive gaming event. For example:

We have 1000 players aiming to join and play a game of SUDOKU for a 24-hour period. Each player would have to deposit 1 PXG to participate.
The game “room” would have 1000 players competing in the 24-hour period and 1000. We have 1000 players on the game “room”, competing for a limited amount of time (24 hours) and a pool of 1000 PXG. PlayGame.com will take 5% of the 1000 PXG to be divided with game developers at a 90% - 10% rate favoring the developers. 50PXG will be taken out of the “room” and 5 PXG (10%) will go to Playgame.com as maintenance and administrative fee, and 45 PXG (90%) will go as payment to Game developers. 950 PXG will be the prize pool for gamers.
They will play and compete for high scores and scores will be reflected as leaderboard for the next 24 hours on the SUDOKU Game. The prize is not fixed but an example could be: No 1 will get 100 PXG, 2-10 will get 50 PXG each and the remaining players will share 400 PXG, which means = 400/900 players = 0.44 PXG per players who does not reach the top 10 leaderboards.

The rules and numerals have not been finalized and the above example is just to illustrate the business model of how it will work in the platform.

PlayGame Token Utility

• For Game Developers Game developers can use the tokens to get their games listed “green-lit” on the platform through the voting system. They could reward the players who supported them with PXG. Game developers would get paid in PXG which is fair and transparent.

• For Gamers – Crypto Enthusiasts Gamers will use their PXG to vote in a decentralized and transparent platform to get the work of their favorite game developer(s) listed on the platform. Gamers have an opportunity to increase the value of their PXG holdings by playing games

• For Advertisers in-game CPM, CPI, CPC are never transparent as recorded clicks and impressions for advertisers are highly inaccurate. Utilizing the power of blockchain, we want to create a transparent environment for
advertisers.

• For Token issuers We will also work with Cryptocurrency and token issuers, to make the holding of other coins beneficial. For example, holding a certain number of a particular coin (10,000 TEN) will allow you to get additional benefits in the competition.