EON: Decentralized Game Network.

jamesndungu (61)in #eontoken • 6 years ago

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The recent growth of the gaming industry has been attributed to the introduction of mobile gaming which is currently worth $50 billions, the gaming industry in itself is worth more than $115 billion. The games are normally played on PC, Gaming Consoles and software's that allow a gamer enjoy the gaming experience.

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The gaming industry is booming with its growth but experiences problems that needs to be solved, most of these problems can be solved through efficient and effective use of technology. One of the problems is the centralization of the gaming industry where the major industries are controlled by big franchises which take almost 90% of the gaming market, the other challenge experienced in the gaming industry is the market of the games, developers are not able to tap the larger markets available for them due to international business barriers. The third problem is the marketing of the games produced by the developers, mostly these guys are talented in programming skills and lack the business management and marketing skills needed to deliver their products.

EON SOLUTION.

EON plans to use blockchain technology to solve this problem, they plan to decentralize the marketplace for gaming products such as video games, through a decentralized ecosystem controlled by gamers, developers and marketing teams. Developers will be able to develop decentralized games called dgames.

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The platform economics are controlled by the platform native tokens which allow global payments, micro-payments to be processed instantly allowing the developers tap a large marketplace for their products. The payments will be processed automatically and instantaneous solving the issue of international business transactions.

The platform being a decentralized nature will help developers tap a large market where they will have a social relationship with the users of their products, the social interaction between the parties involves will help the parties have some mutual benefits.

The platform will also provide the users with their own management and marketing tools, available in the platform tht will allow users avoid the middlemen for this purpose.

EON Token and ICO details

The platform will be fueled by its own EON Tokens which will be running on the Ethereum platform and will be ERC20 Compatible. The token will be a utility token being used in the ecosystem such as purchasing games on the platform, incentivizing the users to improve the platform such as reviews, bug testing among others, the developers will be able to incentivize gamers to try out their games and leave their feedbacks for improvement purposes. Users will be able to exchange the tokens on various exchanges for their local currencies.

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Currently you can support and participate in the ICO which is currently ongoing through the official website: http://eontoken.io/

Conclusions

The project is a noble idea that will revolutionize the gaming market, the most beneficial group is the developers who will be able to process payments instantly and eliminate business transactions through the tokenized ecosystem of the platform. New developers will be able to access high quality infrastructure to display and a large market for their products will be available, the social environment of the platform will help the developers curate and improve their products based on user's requirements. The platform is giving efficient and effective features that will lower the costs of distribution and business management that will allow effective business management. Developers will find the platform very useful and I will encourage gamers and developers check out the whitepaper of the project available on the link below for more information.