CRYPTOHIT: A DECENTRALIZED PLATFORM FOR GAMES USING BLOCKCHAIN TECHNOLOGY
CryptoHIT is a project designed to create a new generation decentralized platform for games using blockchain technologies and smart contracts based on Ethereum. The mission of this platform is to create an easy-to-use, effective and financially profitable ecosystem for gamers and game developers.
In addition, CryptoHIT develops financial games with special game mechanics, which allows players to earn real money and not only play for fun and pleasure. This means that each participant of the project can start receiving their return on investment in our games before CryptoHIT decentralized platform launches.
A full-scale launch of CryptoHIT decentralized platform will help to establish strong relations between game projects integrated into the platform, as well as between the participants of the gaming community of these projects. This will make the game world brighter and its participants richer.
FEATURES OF CRYPTOHIT
- Exchange of virtual goods enables players to trade their gaming achievements and resources for GAC tokens or purchase start packages and other game items in another game.
- Easy integration of external game projects into the platform with API and SDK for developers.
- Transparent arbitration system for players and developers with the blockchain technology.
- A multi-level referral program,through which each participant will receive constant income from each payment of the attracted player or developer.
- The possibility of exchanging GAC cryptocurrency to Ethereum and vice versa by means of the platform.
CHALLENGES OF GAMING MARKET AND INDUSTRY
- Based on SurveyMonkey Intelligence research, the most games that generate profits are strategy games, role-playing, adventure and arcade games. Altogether, strategy and RPG games encompass 30% of the entire revenue of mobile gaming market.
- Unfortunately, approximately up to 95% of all gamers still lack the ability to convert their factual achievements within the games into real fiat currencies, or transfer and subsequently use them in another game. Moreover, there are only a handful of gamers that actually learned how to make money on their gaming achievements.
- PlayStation Network is one of the very few companies that made an infinitesimal effort to improve this situation by launching their Sony Rewards Program in the United States. With this program, gamers are able to exchange their game achievements into fiat money, but yet they are allowed to spend them on purchases only in Sony’s own PC Store and nowhere else. Other major game developers are not even concerned about this and are not doing anything about it.
- CryptoHIT creates games alongside its own decentralized gaming platform that will provide a phenomenal opportunity for both gamers and developers to make money.
CRYPTOHIT - BASIC GAMING PLATFORM PRINCIPLES
Galactic Credits Coins (GAC)
GAC tokens (ERC-20 standard) will be used by the players to purchase characters, in-game items and packages. These are the tokens that you're purchasing on our Pre-ICO and ICO. Correspondingly, these are the tokens that will be traded on all major exchanges. GAC tokens are limited in maximum supply to ensure liquidity, as well as to prevent depreciation. This is done to ensure that the price of each token will have a consistent increase and because of the limited supply and high demand, this will greatly favor early investors.
Utility Noninflatable Tickets (UNITs)
These UNITs were designed for internal payments within our platform to prevent volatility and inflation of the player's virtual assets and values. UNITs will be used by the players for selling resources on our internal exchanges, as well as for acquiring additional bonuses and benefits from their achievements. UNIT tickets (whenever necessary) will be seamlessly converted into GAC coins, which can be sold on all major cryptocurrency exchanges.
VALUES OF GAC TOKEN
CriptoHIT games are not only designed for entertainment purposes, but as means for financial investments with the purpose to make profits.
• Unified digital cryptocurrency (GAC): Allows you to effortlessly and favorably execute in-game purchases within the capacity of all of our projects, as well as in all of the games developed by our partners.
• Listing on Exchanges: We are painstakingly working to ensure that our GAC tokens are listed on all major cryptocurrency exchanges.
• Fixed maximum supply capped at 50,000,000 tokens: Prevents GAC cryptocurrency price from being diluted in the future.
• Decentralized Gaming Platform: A marketplace for gaming content, where internal transactions are carried out through GAC cryptocurrency.
• Unobstructed Token Circulation: All users within Ethereum network are able to freely exchange our GAC tokens just by using their regular Ethereum wallet address.
• Liquidity accrual: Liquidity increase happens because of constant amplification of digital content every time a new game or an add-on is launched, as well as internal transactions between both gamers and developers.
INFORMATION ABOUT GAC TOKEN DISTRIBUTION
TEAM
CryptoHIT a team from the different expertise with the cryptocurrency experience in gaming technology.
CONCLUSION
CryptoHIT develops financial games with special game mechanics, which allows players to earn real money and not only play for fun and pleasure. For details information about CrptoHIT, it is important to check their various links and channels indicated below:
Website: https:// cryptohit.io/
Whitepaper: https://cryptohit.io/docs/CryptoHIT_White_Paper_EN_2018.pdf?v=20180427
Join us on Telegram: https://t.me/cryptohitico
Follow on Facebook: https://www.facebook.com/cryptohitico/
Follow on LinkedIn: https://www.linkedin.com/in/yurysotnikov/
Follow on Medium: https://medium.com/@cryptohit
Follow on BitcoinTalk: https://bitcointalk.org/index.php?topic=3244949
NB: Most of the picture diagrams and table displayed in this write up are obtained from official site of CryptoHIT.
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