Gaming is a big sensation these days. It helps in chasing away boredom, in easing stress, can be educational and also fun. I and my friends always look forward to the newest edition of FIFA PES, while others play games like candy crush and I even saw some of my friends that have gotten to the highest level that is days or even weeks of game time. In essence, gaming is now a part of our lives. The gaming industry has grown exponentially in the past years, and the amazing thing is it will continue to grow. Games even rake in more revenue than sports in present times. The good thing about gaming is, it embraces new technology. Updates come out frequently that makes gaming keep up with the times. I have seen some games in virtual reality that payments are made via cryptocurrencies. That's how embracing games can be with games education can easily be carried out to the mass market.
There are lots of games being played on the blockchain, with the first blockchain game invented in 2014. The first blockchain games had some flaws and this couldn't entice players to play it for an extended time the EOT platform solves the problem of the blockchain 1.0 games.
One of the issues plaguing the game world is the issue of centralization. As an app developer, you need centralized platforms to help you market and advertise your games and of course, a platform that these games can be downloaded from and as a result the platforms charge cut-throat fees because there really are no other options left. The developers get charged commission as much as 30% in most cases.
This invariably gets back to the user because the developers thinking of the costs of developing the games might finally bring out a game that is mediocre and might also want to charge users a high fee for in-app purchases and also in buying the games in the long run. The developers and users are the ones bearing the brunt of the centralized networks.
Payment of developers by these centralized platforms sometimes takes months to be processed and this usually leaves developers frustrated. Because of the different currencies in different countries, developers have to look for ways to integrate all these into the platform this also takes a toll on the revenue of the developers.
Reaching a targeted audience can also be a hassle.
Developers have to spend money on promotions. These promotion platforms, are not transparent enough to show the developers the conversion rate, click rate an evil return of investment from these platforms in the long run. These developers pay for promotions I might not even get their money worth.
EOT Platform
The EOT team isn't new to gaming on the blockchain new to gaming on the Blockchain. The EOT Platform will be backed by the EOT foundation which is a multinational organization with offices in Singapore, Palo Alto and Beijing. The Platform aims to solve the issues discussed above in ways that will revolutionize the gaming Industry.
The EOT Platform will be built on the Ethereum Blockchain. Building it on the Blockchain will bring about transparency, fairness, ease of access, ease of payments by users and Global acceptability.
Developers do not need to worry about local pricing and payments by local currencies. Anyone using the Platform can pay with the tokens and it is as easy as that.
Not only will Payments be easy, it will be fast, transparent and without excessive charges that usually occur during conversion on centralized platforms. All players in the EOT Platform win.
There also will be no need for advertising and promotional agencies, because users can promote the games themselves and get rewarded. This is an incentive that will be welcomed by the users. Normally, games are promoted among gamers when they feel it is interesting. And this word of mouth promotions doesn't even get rewarded. Now users can enthusiastically promote knowing there is a reward for each Conversion. With the smart contract, tracking can be easily done. Everything will be open, fair and also transparent. This reduces fake traffic and the developers can finally get their money's worth.
The EOT Platform is like a powerhouse where so much can be actualized.
- Discover and play games.
- Socialize with other gamers and share tips and tricks.
- Developer's platform
- Etc
There are other benefits of the EOT platform that will be mentioned in a follow-up Article.
The EOT Token
This is the main currency of the Platform. Payments and transactions on the platform will be carried out using the token. Early supporters and holders of EOT tokens gets rewarded as the platform grows (which should be very soon). The token is a Utility token. The demand for the token will increase exponentially because;
The founders and team tokens are locked up for a period.
Payments for all digital assets will be with the EOT.
EOT foundation will purchase back a certain amount of EOT when a milestone is reached, example when users reach a certain number, and burn these tokens. This Will reduce the supply and with demand increasing, the value skyrockets.
Website - http://eontoken.io/
Whitepaper - http://eontoken.io/EON-Whitepaper.pdf
Telegram - https://t.me/eontoken3
ICO - https://icoholder.com/en/eon-22280
Team - http://eontoken.io/team