TEDCHAIN: The Decentralized Gaming Ecosystem

in #cryptocurrency6 years ago

We love entertainment and go to any extent to get it. We have many entertainment channels such as movies, watching football and playing games. Among these, gaming remains the most viable entertainment channel because of its portability as they are mostly installed on our phones.

Many people around the world today have a minimum of one smartphone; others have up to two or more. While many smartphone users make phone calls and chat on social networks, others convert theirs to gaming consoles. Almost on yearly basis, new smartphone models are literally pushed into the market and a concise research showed that about 2 billion smartphone users use their smartphone for gaming purpose. In a related development, most in-app purchase is for games.
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The huge potential of the gaming industry
According to an article by eMarketer, there are about 26 downloaded applications in every smartphone and among these are about 2 games. The post also posited that about 23 minutes is spent by a US adult every day just for playing mobile games.

Though most of the gaming applications downloaded on platforms such as Google Play Store is free, there are still monetization strategies such as In-App Purchase which are used in supporting the development of more games.

A new Dawn for the Gaming Industry
There are certainly games on the blockchain but what TEDCHAIN offers that is different from is its impressive features such as decentralized gaming ecosystem and game development.

TEDCHAIN offers high-speed network where community can play games and its blockchain platform offers gamers, advertisers and content providers with varieties of service.

According to its developers, TEDCHAIN is a “decentralized and cross platform cryptocurrency dedicated to enhancing the gaming experience on the blockchain for all users”. TEDCHAIN allows gamers and users play games on its platform and reward them with the TED token for doing so.

PROSPECTS
TEDCHAIN’s decentralized gaming platform (the blockchain) allows its users play games on the TEDCHAIN ecosystem and earn the TED token in return. In addition, the earned tokens can be sold by the user.

TEDCHAIN develops games on its own and also allows users do so. TEDCHAIN has interoperable crypto-items and this is a good step towards growing its ecosystem as the TED token can be sold and used even outside the TEDCHAIN ecosystem.
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TECHNOLOGY
TEDCHAIN is a distributed ledger technology and offers a secure and scalable game and digital asset management. TEDCHAIN’s technology features the following:
TED P2P NETWORK: TEDCHAIN features a game-optimized blockchain on the peer-to-peer network. TED’s P2P mesh network gives it utmost control over the coin mining algorithm and smart contract features of its blockchain. The adoption of a P2P network was because TEDCHAIN identified the possibility of a network split. The P2P network also facilitates the gaming aspect of the TEDCHAIN ecosystem.

Consensus Protocol: TEDlab developed a novel consensus protocol using the Proof-of-Stake and Proof-of-Authority protocols. It uses the PoS consensus system to reward long-term participants in the TEDCHAIN ecosystem. The issued rewards are calculated by the number of coins at the disposal of a user and the longevity of such coins.

In-platform Utility Token: this technology allows game developers the license to tokenize their in-game assets such as inventory items and tournament awards. Gamers can also exchange tokenized in-game assets for tradable assets. For game publishers, this technology allow them sell their tokenized assets to gamers.

Other components of the TEDCHAIN distributed ledger technology are the TED blockchain and the Securely Communicate feature.

ECOSYSTEM
TEDCHAIN has a decentralized ecosystem which allows gamers to play games in return for a TED tokenized reward. The ecosystem also allows publishers, developers and advertisers into the gaming community. The TEDCHAIN ecosystem has these amazing features:
• TEDCHAIN Reward and Immutable Voting System
• Game Publishing
• TEDCHAIN Mobile App Store
• TEDCHAIN Gaming and Community Portal

TOKEN & TOKENSALE DETAILS
Ticker: TED
Price: 1 TED = $0.01
Total Supply: 700,000,000 TED
Soft Cap: $3,500,000
Hard Cap: $21,500,000

TEAM & ADVISORS
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**To view the full team & Advisors list, kindly visit Here.

I have always been an advocate for thorough research and so i have added some useful links below to enable that endavour:
Website: http://tedchain.network/
Whitepaper: https://drive.google.com/file/d/1bP2SPF4-s1PcPkJWzfc4cRNGfVQnOhMf/view
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4471369
Twitter: https://twitter.com/tedmorning
Telegram: https://t.me/tedmorning

Writer: Collinberg
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1532780

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