Playkey- Revoultion in Gaming Industry

in #cryptocurrency7 years ago (edited)

If you are a gamer like me, then you have already heard of the playkey. Playkey has already functioned for 2.5 years, so the team has enough experience. Playkey is a cloud-based gaming platform that allows gamers to play the most advanced games on lower-powered PCs and Macs using a mechanism that creates an alternative to purchasing expensive hardware. By giving opportunity to play new games on slow computers, Playkey solves a problem for more than a billion people worldwide.

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Background to gaming Industry:
According to the Newzoo’s Global Games Market Report for 2017 there are 2.2 billion active gamers in the world, of which 47% (1.0 billion gamers) spend money while playing. These gamers are expected to generate $108.9B in game revenues in 2017 (for comparison, in 2015, the global PC games market was estimated at $ 91.9B).
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Gaming is moving into the cloud, following video, music and other services. For gamers, cloud gaming is 10x cheaper than owning personal gaming hardware (PC/console), leveraging share economy principles. The development of GPUs, the Internet, and low-latency streaming, have diminished the demand for personal gaming hardware. In fact, the next generation of consoles could be the last one that is based on hardware.
Moving gaming into cloud technology has now become inevitable – 70% of Steam players are unable to play AAA titles like GTA V in high resolution, and 30% of players cannot even run such titles on their obsolete PCs. The demand for cloud gaming will continue to grow. The demand for latest-generation hardware, and the increased requirements from gaming caused by resource-intensive VR technologies, will be making home hardware more and more expensive and non-viable for casual gamers.

How Playkey will revolutionize the Online Gaming Industry
The Playkey platform is a cloud service on which a gamer can play games of the ‘AAA’ class, remotely using high performance equipment provided by "miners" in streaming mode. Game packages used in smart contracts, regulating game duration and resolution will be available for participants. The price for the provision of equipment is assigned by the "miners", based on recommendations from the Playkey fund.
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A distinctive feature of the Playkey platform is that it allows gamers to run resource-intensive games on almost any device that has access to the internet - Mac, tablet, TV with Smart TV support, etc. Against the backdrop of the growing processor demands of modern PC games, Playkey service solves the problem of the need for an expensive upgrade, since the cost of platform use is cheaper.

-It will Allow all gamers to play any game they wish, on any device connected to the Internet, using a decentralized cloud model, by leveraging the existing proprietary technology, product and business of Playkey.

-by Creating the world’s largest platform and marketplace for all hardware providers, gamers and other participants in the emerging industry of cloud gaming.

-Providing a decentralized ecosystem with a core platorm for miners and gamers, based on blockchain technology, which provides private/ professional GPU owners with a new way to earn money.

-A plug’n’play solution to purchase playing time with just 1 click, without having to spend hours downloading a game;

-The opportunity to pay 4x as few as they would pay for the gaming hardware, while receiving the same benefits. The price of a gaming PC is $1 500. When purchased using a pay-monthly scheme over a period of 3 years, the price for per month for that same PC is $41. A monthly cloud subscription fee can be one-fourth of that price.

The PKT Token
Playkey introduces an open source cryptographic token – PKT. PKT is a cryptocurrency that will be used to buy and sell cloud gaming subscriptions as well as other Playkey services and future products. It will be the unit of account for all economic transactions within the Playkey Ecosystem, and will be used as a basis for interaction with other digital services. PKT is a fixed-supply cryptocurrency. It is long-term non-inflationary. Units of PKT are fungible and transferable, and they are expected to trade on cryptocurrency exchanges.

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In the short term, PKT will be used for transactions between miners and gamers, and for purchasing gaming software. During the first stage, Playkey will integrate the PKT wallet into all Playkey accounts and will transfer all current transactions to PKT. It is expected that PKT tokens will be bought by gamers on cryptocurrency exchanges, or on Playkey’s official website. Gamers pay tokens to miners for playing. Miners share revenue with the Playkey Foundation, which supports the software, organizes relationships with publishers, marketing and ecosystem development.

In the medium term, Playkey will decentralize the infrastructure. Servers purchased by the Development Fund after the ICO will be put on open auction, and every PKT holder will have the chance to purchase computing capacity that will generate revenue for its owner.

In the long term, the Playkey Foundation will expand the ecosystem to cover R&D, marketing, game development and publishing, in-game currencies, e-sport and live streams, apps and content creation.

Token Specifications :
Smart-contract​​platform:​​Blockchain Ethereum
Contract​​type:​​ERC-20
Token:​​PKT
ICO​​start​​date:​November 1, 2017
ICO​​end​​date:​November 30, 2017
Target volume of tokensale: 60,000,000 PKT (of which 18,000,000 are allocated
for​​Pre-Sale)
ICO​​price:​1 PKT = 0.004 ETH
Soft​​Cap:​$5 mln
Minimum​​purchase​​amount:​​no restrictions
Maximum​​purchase​​amount:​​no restrictions
Maximum​​token​​amount:​100,000,000
PKT Token​​distribution:
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PKT Tokens, provided for the team members, will be blocked for the following terms:

● 90% - for the 1st year
● 70% - for the 2nd year
● 40% - for the 3rd year.
Unsold tokens from the ICO will be burned.

Review: Playkey.io has a great furutre ahead and this is a good ICO to earn some long term benefits.

For more information visit:
official website: https://playkey.io
Whitepaper: https://cdn.playkey.net/img/playkeynet/ico/Whitepaper.pdf
Facebook: https://www.facebook.com/groups/playkeyICO/
Gitehub: https://github.com/Playkey/ico-contracts
Appreciation:
Ethereum: 0x8027cb9fD18F935bB06cC98e0dfd48D074F87dc2
BTC: 19Apd2goafbofkndwkpmgxqMNpfsfJVaUX
bitcointalk user- vcxv

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