AMA about EOT

1. What is EOT？

A: In short, EOT is a blockchain gaming protocol. The pain point for Dgame (decentralized game) development is that developers have to learn blockchain technologies and new programming languages to build a game on public chains like Ethereum, Quarkchain, EOS etc. They have to learn how to support multiple cryptocurrencies and digital assets. While with the help of EOT, they can build Dgames much easier and faster.
More info: https://eontoken.io

2. What's your game Crypto Alpaca？

A: CryptoAlpaca was our first Dgame. We launched it 5 months ago. CryptoAlpaca is a blockchain-based virtual simulation game. Inspired by "CryptoKitties", players can raise and breed their very own Alpaca, feeding and shearing it to gain rewards.

3. How long have you been working on this?

A: We've been developing and operating this for 5 months.

4. How does EOT works?

A: The DGame framework is a layer 2 solution with on-chain/off-chain architecture. It can perform payments or transfer of digital assets with high speed and low cost. It's similar to Bitcoin's Lightning Network and Ethereum's Raiden Network, but with several improvements to be a less cost, low latency, high throughput, secure, cross-chain and privacy-concerned solution. DGame framework performs its high performance and secure transactions between participants off-chain and defers the final transaction confirmation on-chain. This is achieved using digital signature and hashed timelock contracts (HTLC), fully locked by previously set on-chain deposits. This concept, illustrated in Figure 1, is known as payment channel technology. Payment channel (or micropayment channel) is one of the techniques designed to allow users to make multiple token transactions without committing all of the transactions to the blockchain. In a typical payment channel, unlimited or nearly unlimited number of payments can be made between the participants except for an initial one-time on-chain establishment and an eventual channel settlement. In addition, payments can be routed across more than one blockchain (including altcoins and sidechains) as long as all the chains support the same hash function to use for the hash lock, as well as the ability to create hashed timelock.

5. What's your teams' background?

A:
Aron Lyu
Ex Product Lead at Bytedance USA; Entrepreneur in Residence, Morningside Ventures; (First investor of Xiaomi&Kuaishou);
GSB Ignite, Stanford University;
Marshall School of Business, University of Southern California.

Aron is an early BTC adopter and miner. He has successful experiences in user growth of innovative products, including YC-backed Pebble (Wearable Technology, acquired by Fitbit), Toutiao (Artificial Intelligence, Chinese startup with $30B valuation), Tik Tok (500 million MAU).

Tao Hu
Computer Science, University of Southern California;
Tao has more than 5 years of experience in building businesses and products using emerging technologies, including AR/Blockchain. He’s also the early members of Bitium (acquired by Google) and OculusVR (acquired by Facebook), where he built Oculus App Store from scratch.

Mark Nedzelskii
Blockchain Association Board, Tsinghua University;
University of International Business and Economics;
Mark is an early Ethereum investor and ICO proficient. He knows multiple languages including English, Chinese, Russia and so on. Besides, he has rich experiences in marketing and community management.

6. What’s your current investor/Partners?

A:
Investors:
Feng Li, Early investor of Coinbase/Ripple Ex-IDG Partner
IMO Ventures, Early investor of Ethereum
Uphonest Capital
Fission Capital
QuarkChain
Merculet

Partnership:
Segmentfault/ Tik Tok/ USC Games etc

7. What's EOT's stage?

A: We're closing our whitelist.
https://docs.google.com/forms/d/1LArlDPiufwcQVJCioWIAWUsIYWfUjZOzmESG3TBkCZQ/edit
We plan to launch our ICO around early August.

8. Any Media mentions?

A:
Forbes: https://www.forbes.com/sites/astanley/2018/06/07/blockchain-game-momentum-builds-with-eon-foundation-5m-seed-round/

Yahoo:
https://finance.yahoo.com/news/crypto-collectible-cryptoalpaca-partners-wax-190300154.html

CNBC:
https://www.cnbc.com/2018/07/17/pr-newswire-eon-foundation-changes-name-to-eot-receives-investment-from-fission-capital-and-quarkchain.html

9. How do Quarkchain and EOT form a partnership?

A: We think Quarkchain is one of the best public chains that execute super fast and we both shared the same long-term vision for the blockchain industry.