EOT: A DECENTRALIZED DIGITAL GAME DISTRIBUTION PLATFORM. INTRODUCTION

elvisdika1 (34)in #blockchain • 6 years ago (edited)

INTRODUCTION:
The world of gaming has served a very indispensable purpose in human life-entertainment. Owing to the fact that entertainment is not gender-based, the gaming industry has been able to satisfy everyone (and especially those who take special delight and pleasure in it) comfortably.
However, one major factor which promotes the growth of the industry been faced by a very serious challenge-advertisement. The increasing market cost faced by game developers have left very few companies to remain in business. Game developers who, despite developing a good game, do not have enough money to pay centralized game distribution platforms (like steam, Apple, Google,e.t.c) as well as ads platform ( Google, facebook, e.t.c), abandon the games they developed, leaving the industry for big companies
The gaming industry is not only an entertaining, fast growing industry with very large market size, it is one that embraces new technologies. Taking a look at the stage it has reached and comparing it with where it was, we can say that the industry has made tremendous success. For these achievements to continue, it is important to say that its sustainability is required. This can only be achieved if we give our indefatigable support.
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ABOUT
EOT platform is a decentralized digital game distribution platform where gamers can discover, share and play games as well as relate with fellow gamers. With our high-quality advisory board who are experts in technology, gaming, blockchain and venture capitals, as well as strategies put in place, EOT is set to tackle the most challenging problems in game distribution and make sure developers receive 100% revenue from their work with 0 distribution fee.
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PROBLEMS EOT IS SET TO SOLVE
Just as stated earlier, one of the major problems faced by the gaming industry is the high cost of advertisements. Since not all companies could meet up, they had to leave for bigger companies to huge Positions in the industry. EOT is set to bridge this gap between games and players and also decentralize the system. EOT is set to solve Some other problems such as:
• Problems Arising From Payments: In a bid to reach global, game developers have to integrate the payment methods of local markets so as to satisfy efficiency. This usually pose some difficulties because, while some distribution platforms support multiple currencies, some others support onlv one currency and as such, payments takes longer than expected because developers usually have to find partners or handle the exchange by themselves. Apart from this, centralized distribution platforms delay payments for developers and often execute payments on specific days on a month.
With the platform built on Ethereum, developers won’t need to worry about integrating payments or adjusting sales price since the cryptosystem has done it all. Developers can also perform transactions within a very short time since transactions made on blockchain are very fast.
• Problem arising from promotion: The criticism which holds against distribution platforms is that they are not transparent. Also, they compel developers to develop a game according to their rule,instead of developing for for the consumers(the gamers) and the developers will have no choice since they are eager to reach more people through these platforms. Also,most platforms present fake statistics of users reached. But with EOT and its applications put in place, traffic can be tracked with ease.
Lastly, incentives have been set up which is aimed at motivating gamers to broadcast their game like in a decentralized manner. The final result gives a profit for both parties involved in the system( gamers and developers).While developers make money by reducing cost, gamers discover games easily and can as well earn money by supporting the games.
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EOT TOKENS:
EOT token is the core cryptocurrency on EOT platform. It is designed to support the economy of EOT platform as well as facilitate the growth of the platform. Those early supporters of EON platforms and holders of EOT tokens will be rewarded when the platform grows. The platform will also make available, friendly ways of buying EOT tokens and also some services to spend the coins.
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TOKEN SPECIFICATION
Currency code EOT
Type Utility
Decimal places 18
Total token amount 2.1b
ICAP currency code EOT
ICAP organization code EOT