BGX - Decentralized Solution for Game Industry
In recent months, the smartphone gaming market has increased. Daily transactions in mobile games related to in-game purchases, advertising, participation in tournaments and promotion of mobile games reach an unusually high number. This causes the mobile gaming market to require proper infrastructure that takes into account this market specification. Revenues from global mobile games account for 37% of the total gaming industry revenue. While the PC game industry's revenue in the same year only reached 23%. However, many problems in the gaming market are detrimental to developers and gamers. One of them is a centralized system that is not fair to gamers. Most games have rules that are less fair for gamers to take advantage. BGX will come with a decentralized system for developers and gamers. BGX is a multi-functional process platform designed for mobile games.
BGX is a solution for game developers, local and special application stores, sponsors and players, where the distribution of profits obtained will be managed transparently and decentralized. BGX makes a distribution system for game applications on Android and IOS. BGX will open a bigger market with Android and IOS applications. BGX also has a smooth payment processing system and can efficiently process fiat and cryptocurrency transactions. Cryptocurrency is new and may be difficult for gamers to understand directly, but BGX makes it easier and simpler by creating user-friendly implementations such as independent processing systems. Gamers can have all their payments for virtual player payment wallets. Players have access to a virtual wallet system that allows them to benefit from the universal currency used in all games. This virtual wallet serves to get prizes by seeing advertisements, to receive compensation to play, and to participate in tournaments. BGX also makes subsystems for emission markers by developers, which will help make accounting easier for game developers when they receive or send tokens. BGX also supports general monetization models. This monetization will be the key for developers because it will be their primary source of income. Players are also appreciated for watching ads, etc.
BGX designs AI controls to keep data accurate. AI uses advanced fuzzy self-learning artificial intelligence networks that eliminate fraud and will manage transactions. BGX uses hybrid off-chain to process transactions, this technology allows the BGX platform to process more than 4,000 transactions per second, with speeds and capacities far superior to the Ethereum blockchain. BGX has a revenue sharing system that allows BGX token holders to share in platform revenue. The BGX token is used as an internal exchange tool in the system, which will enable it to be positioned as a Utility token. BGX is an open-source project, really decentralized. The BGX business model is based on low commissions from transactions in the system.
Initially, BGX had held an ICO to develop its project. Pre-ICO has been implemented and has achieved success. A total of 22,567,128 BGX tokens have been allocated during the Pre-ICO period. However, BGX developers have removed the ICO, and they chose another way to get funds for project development. On September 2, 2018, through BGX Medium has announced removing ICO and picking another way to get funds from investors (click the following link to read the news BGX Mediumm)
For more information about BGX, please click the link below:
Website: https://bgx.ai/
WhitePaper: https://bgx.ai/documents/en/BGX_White_Paper_1.0.pdf
BitcoinTalk [Ann]: https://bitcointalk.org/index.php?topic=2671591
Telegram Invite: https://t.me/bgx_group
Author : thefuturecurrency
Profile : https://bitcointalk.org/index.php?action=profile;u=1797473;sa=summary
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