Analyzing the EOT Offering

in #blockchain6 years ago

Overview
Entertainment Open Network Protocol (EOT) is a platform for developing decentralized or blockchain games. This protocol will help to promote the blockchain technology as a technology of choice in game development and deployment. It is aiming to tap from the USD 116 billion global games market and to convert most of the 2.2 billion people who play games online to the blockchain platform. It will develop and deploy the EOT protocol to make it easier for game developers to develop blockchain games without having to learn new blockchain programming language. It is a two-layer solution that will allow games to run smoothly on blockchain as if it were on traditional web hosting. Additionally, it will provide an in-game wallet feature to make it easier for games developers to be able to accept multiple cryptocurrency payments and the exchange of digital assets.

EOT Strengths
Apart from deploying a platform for games developers to integrate their games with the blockchain technology and offer them to the cryptocurrency community, EOT protocol with its in-game wallet, SDK, will allow a secure and easy exchange of multi cryptocurrencies within the same platform by games developers and gamers without the deployment of additional hardware, software or learning new programming language.
And since the EOT protocol framework will support popular games engines available in the market right now and add more as time goes on, it means games developers will not have to spend precious time trying to learn new programming language thereby saving them time and money.

EOT platform Weakness
After carefully going through the whitepaper and other publications and write-ups on the EOT protocol offering, I am yet to identify any substantial weakness that the investing public need to be worried about. But just with all types of investment and because of the speculative nature of cryptocurrencies, the EOT protocol offer may end up not living up to its billing and you may lose some or all money invested. At the same time, it may surpass our expectation and deliver a substantial return in the shortest period of time. The choice is yours.

Opportunities
Before the advent of the concept of EOT protocol, there is no way for games developers to develop games that will run on the blockchain technology without having to learn blockchain programming language. This has made blockchain unpopular platform for the development and deployment of games. But with the EOT platform, this will now be a thing of the past. The EOT platform will make it possible for games developers to develop and tap into the multi-billion dollars gaming industry through the blockchain technology.

The EON Token
The Entertainment Open Network Token (EOT) is the token that will be used on the EOT protocol. It is designed to support the activities of gamers and developers on the EOT platform, consequently facilitating the growth of the EOT community. EOT will have a total token supply of 2.1 billion, out of which 10 percent will be set aside for early supporters, partners, and advisors. 30 percent will be available for sale to the investing public while another 30 percent will be reserved as incentives for gamers and developers that make up the EOT community. The rest of the EOT tokens will then go into marketing, research and developments programmes, EOT foundation and incentives for the team.

Token Sales Information

Ticker: EOT
Type: Utility Token
Token Standard: ERC20
Platform: Ethereum
Price: 1 EOT = 0.028 USD
Total Token Supply: 2.1 billion
Soft Cap: 10,000 ETH
Hard Cap: 30,000 ETH
Accepted Currency: Eth

Conclusion
The Entertainment Open network Protocol commonly called EOT protocol within the cryptocurrency world, Is one of its kind protocol that seek to bridge the divide and allow many games developers to develop games that will be integrated with the blockchain technology, consequently, opening the blockchain technology to the multi-billion gaming industry and encourage the increased use of cryptocurrencies by gamers and developers. I strongly believe this is coming at the right time and this will definitely lead to more users of cryptocurrencies and its rapid increase in value. There is no doubt that the EOT protocol will achieve what it has set out to achieve going by the credible team behind the project and their experience in gaming and blockchain technology. So if you are looking to invest in any cryptocurrency project at this time, I would suggest you go through the EOT offering and take your own portion of the cake before it all go away.

Please for more insights visit the below links;

Website: http://eontoken.io/
Bitcointalk bounty thread: https://bitcointalk.org/index.php?topic=4432974.0
Whitepaper: https://docsend.com/view/yuhe5nc
Telegram: https://t.me/eontoken

Writer’s details
Bitcointalk username: mayukus4life
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1777715

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