XAYA The Games Blockchain
INTRODUCTION
XAYA seeks to manage the world of games that are becoming more and more complex and attractive, to ensure and simplify ownership, the exchange of virtual assets. Achieving this through the democratization of the development of games and implementation, allowing to give life to the vision through significantly reduced costs.
XAYA seeks to provide tools and infrastructure of last generation for game developers to build their games based on the blockchain. Taking full advantage of XAYA technology to build its own currency and that it can be exchanged for "CHI" (reserve currency in the ecosystem of XAYA).
VISION
“Decentralised Autonomous Universes” -Whitepaper p.4
Through:
- Autonomous Decentralized and Multiplayer Universes.
- Property of virtual objects.
- Fast and profitable game concept.
NEW FRONTIER
XAYA Proposes that games be carried out using blockchain that helps to provide a safe, decentralized, autonomous and flexible system. As of 2013, XAYA successfully developed the Huntercoi, achieving a series of included firsts: The first decentralized multiplayer game in the world, the first one built entirely in a blockchain and the first permissible cryptocurrency for human mining in the world.
PROBLEM DEFINITION
- DEVELOPERS: With the appropriate tools for the developer and the use of the blockchain to create the game universes, with a 24/7 activity, costs of configuration times associated with cloud-based services or servers are eliminated.
- GAMERS: The time and effort that players invest must be rewarded beyond enjoyment through the exchange of virtual elements. Presenting two challenges, the first is that a scalable and real asset storage record is required. The second is to create a means to manage property and share in more and more complex game universes.
MODEL CHARACTERISTICS
For GAMERS:
- Fair gameplay
- Stability and reliability 24/7
- Security in your assets.
- Quick and easy exchange.
- Social network security
- Easy-to-use launchers
- Human readable wallet accounts and "addresses"
For DEVELOPERS:
- Development of games
- Admit a scalable massive multiplayer game development.
- Virtual currencies and creation of assets
- Build player loyalty
- Wide compatibility of the game engine.
- Exportable game engine templates.
- Pre-built libraries
- Accepting player payments in a simple way.
For SUPPORTERS
- A cryptocurrency with high utility value
- Access to large existing gaming markets
- Access to untapped gaming markets
- Creation of new gaming genres
SOLUTION
XAYA plans to provide tools to develop games that constitute their own worlds adopted to their vision and project. The technology of XAYA will be used for the creation of decentralized games that emit their own coins that can be exchanged for CHI or other currencies.
Here's an image about the XAYA plataform
KEY TECHNOLOGIES AND INTELLECTUAL PROPERTY
The XAYA cryptomoneda will be based on a block protected chain. The player accounts and the most important data of the game will be kept in a decentralized store and integrated directly into the chain of blocks.
In addition to this technology there are additional innovations in the project that have been developed such as:
- Atomic transactions: This technique allows the exchange to allow a thriving economy on the XAYA platform.
- Game channels: They have developed an extension of the payment channels in Bitcoin.
- Ephemeral timestamps: They have developed a protocol that ensures that the transaction fees do not incur a loss for the participants.
TECHNICAL DETAILS
XAYA will implement interchangeable game and item accounts in the game. Ensuring that your property is tracked securely in the blockchain in a decentralized manner. These types of transactions must be signed by both parties to prevent any type of fraud.
Here's an image about the XAYA Trading plataform
TOKEN SUPPLY AND GENERATION EVENT
The exchange of XAYA tokens will allow exchange of BTC with CHI chips. The TOKEN EXCHANGE PERIOD will be divided into two blocks, public pre-sale and main sale with both limits.
CHI Utility
Creations, transactions, purchases, rental of assets from game accounts. Transactions of the game and coins, etc.
COIN DISTRIBUTION
-Total tokens for sale: 40.5% (max cap of 150,000,000)
-Proof-of-work coins (mineable): 40%
-Company reserved: 10% of the total supply unspendable for 6 months (hard coded)
-Advisors, marketing bounties, additional costs: 5% of the total supply
-Huntercoin snapshot: 4.5% (a snapshot was taken of Huntercoin previously)
Whitepaper p.22
ROADMAP
CONCLUSION
After investigating in the whitepaper and other sources of information I can say that XAYA is an incredible idea with great solutions for which we are multiplayer video game players, giving us benefits that no other type of blockchain would give us. With developers fully prepared with the necessary tools to continue creating game universes, with cryptocurrency exchange totally simple and decentralized.
More Information & Resources:
- Xaya Website
- Xaya WhitePaper
- Xaya Medium
- Xaya Bitcointalk
- Xaya Reddit
- Xaya Facebook
- Xaya Twitter
- Xaya Linkedin
This is an Originalworks Contest: https://steemit.com/crypto/@originalworks/1150-steem-sponsored-writing-contest-xaya