Game Development on Blockchain, a Complete Perfect Solution

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For some years now, “gaming” has gone from a normal hobby to a mainstream competitor to big-name entertainment companies.

Game market is a phenomenon market as it is not affected by economic crises. 2015 is a landmark in the history of games market with revenue exceeding 100 Billion dollars to 109 Billion dollars. Five years ago , the global game market is around 70 Billion dolllars.

A growth of 56% in five years illustrates that game companies have not only pioneered new ways of engaging costumers, but have also led new way of innovating the industry to suit digital age costumers. The future outlook of the industry is bright, but their should be a better way to monetize game development in order to give more to game developers who spend up to 50% of their revenue to market their contents.

Blockchain and tokenization are beginning to make their move on the gaming industry. And one of the major obstacles to overcome is how to make it easier for game developers to bring their concepts to market and have direct access to customers.

The truth is, game developers struggle to get their games into the hands of willing gamers. At least half of that is a marketing challenge, but the other half is the simple fact that purchasing independent games, or completing in-app purchases across varying platforms isn’t easy. There’s no “universal platform.” Credit cards aren’t always accepted. And no matter which payment method you use, you’re still dealing with a centralized banking system.

Nowadays, game developers spend 50%+ of their revenue in marketing, paying to centralized game distribution platforms (Steam, Apple, Google, etc) and online ads platform (Facebook, Google, etc). The average cost to acquire a player is reaching $15 for a mobile game. This makes game industry more centralized. Big companies with deep pockets of marketing fees can attract lots of people’s attention, while small studios may abandon a game they’ve created because they don’t have enough money to attract players.

To solve these problems facing developers and gamers, EON Foundation was initiated to support and promote EON platform. EON platform is a decentralized digital game distribution platform, where gamers can discover, share and play games, as well as social with other gamers. It is powered by blockchain technologies and is more efficient, trustworthy and globally accessible. EON token is the core of the ecosystem, and it is designed with the economic incentive mechanism to reward those behaviors helping to grow the EON platform.

With the help of blockchain, payment transactions on EON platform will be extremely efficient and almost all currencies will be supported, which means developers can distribute games and have direct access to market of almost any countries. With the help of smart contracts, user's traffic will be recorded on blockchain which will be audit-able and verifiable by everyone. This will totally resolve the fake traffic problem that exists in current online ads network. A referrral will also be design for gamers/influencers/developers to exchange traffic using EON protocol token(EOT). Everyone can configure their referral smart contracts and get rewards for referral. Finally, developers will receive 100% payment of their revenue with zero distribution fee and gamers will have access to socialize with other gamers.

Get to know more about EON platform by visiting any of these links.

Website
Whitepaper
Telegram Open Chat
Writer: Adeyinka Joshua

Bitcointalk Username: Adebits

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