The First Decentralized Game Network - EON PROTOCOL

ammier (35)in #games • 6 years ago

Do you know you can turn your gaming hobby into profit?...

According to research, the global game industry recorded a whopping $108.9 billion in revenue in 2017 alone. The gaming industry recorded a progressive growth in the last five years and has been forecasted to witness a growth of about 6.2% year on year, as well as revenue base of about $128.5 billion by 2020.

In addition, there are over 2.2 billion active gamers around the world. This can be attributed to the advent of more tech-savvy mobile phones coupled with the increase in population, which will further drive the gaming ecosystem, thereby resulting in an increase in revenue in the global game ecosystem. Currently, there are about 3000 professional players in the market of more than 2.2 billion gamers who are active and about $5 spent daily.

Despite this laudable feat, it is still discouraging to know that the traditional games market is centralized and several issues such as payment and marketing cost have further impeded the growth of the global games ecosystem. For example, developers find it difficult to integrate payment means with the games they developed and thus left with no option but to seek the services of local payment gateway firms to help handle the payment integration. The resultant effect of this is that the cost of developers will greatly increase and even in several cases, the funds realized from the sold games take long before it gets remitted to the developers by the local payment gateway.

In addition, developers have to deal with the exorbitant cost associated with marketing their products to make it more visible to game lovers. In addition, they also find it difficult to get an efficient Ads network to promote their games because a majority of the current ads networks are not transparent thereby making it hard for developers to easily estimate the returns they made from sales of their products. On the other hand, developers are also forced to create games that meet the requirements of distribution platforms in order for their product to get more visibility. This current model inhibits the development of the games ecosystem because the most of the distribution platforms are not transparent and tend to rip off developers through marketing cost.

Over time, several start-ups have tried to disrupt the centralized model without taking into cognizance and tackling the core problem but end up replicating and duplicating the same parameters in the existing centralized model. This theory demands that this model is changed to enable a fair, transparent and enabling ecosystem for both developers and gamers. However, this can be achieved with the utilization of blockchain technology because it caters to a distributed and encrypted digital ledger nature that has the ability to provide a decentralized, swift and transparent means for transactions while maintaining high-level security.

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Having identified the challenges with the current model, EON Foundation aims to leverage on blockchain technology to provide a decentralized ecosystem where game lovers can easily discover, share, learn and play games and also socialize with other fellow game lovers. An ecosystem that will benefit all stakeholders and equal opportunities would be available for everyone.

THE EON PLATFORM

EON aims to provide a transparent and trustworthy platform whereby gamers can easily enjoy gaming activities and developers can get due rewards for their works. The EON platform will remove bottlenecks associated with integrating local payments with games thereby making developers to have control over their funds.

The framework of the EON platform will be in the form of an on-chain and off-chain method. The on-chain structure will house all the data on the platform that might require auditings such as the history of transactions and smart contracts. However, the off-chain structure will be used to store all other data that does not require auditing. Through the ethereum blockchain, EON will make use of smart contracts to effectively and transparently carry out transactions on the platform. The smart contract will help ensure that pre-set trade conditions between developers and gamers are properly executed without the need of middlemen. Since the transactions will be consummated on the EON platform, developers will have the option to either hold the cryptocurrencies in which they were initially paid or convert it to fiat currency such.

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In addition, the smart contract will help to ensure that the expected return on investment for games are easily estimated. Also, users will be incentivized to publicize the games they love.

EON ECOSYSTEM

The EON Ecosystem provides features such as developer system, game community, game discovery system, and referral system. The combination of all these features will provide the much-needed game ecosystem.

Referral System - The referral system was designed to provide an effective new user acquisition system and also enhance traffic flow on the platform. The referral system enables users to be rewarded for contributing to the ecosystem by referring new users. The exciting catch about the referral system is that all the referral activities are registered on the blockchain thereby making it open and transparent to the community. This is achievable because each and every user on the platform will be accorded a personalized referral smart contracts.

Game Discovery System- It enables users to easily discover, buy and play games that they desire. Through the game discovery system, developers can list their games for gamers to discover it on the platform. Also, users will be able to submit a new game on the platform.

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Game Community - In order to make the ecosystem more fun, the game community was designed by EON to enables gamers to socialize with one another. They can carry out activities such as reviews, upvotes and downvotes on the activities of other game lovers.

Developer System - The developer system enables developers to submit and update their game products. In addition, it allows them to set up referral smart contracts and also empowers them to assign rewards for separate actions in the game. Developers will be able to execute the above activities through the use of the EON SDK.

ADVANTAGES of EON

lessen the burden associated with marketing cost
Game lovers can easily discover games on the platform and also rewarded for supporting the platform
Marketplace that enables developers to showcase and sell their products

TOKEN

The EON token(EON) will be issued in the form of an ERC20 token. It will function as a multi-utility token that will be used to fuel the platform.

Total Supply: 2,100,000,000
Token symbol: EON
Platform: Ethereum
Current price: 1 EON = 0.028USD
Accepted currency: ETH

TEAM

The EON team comprise of brilliant and highly experienced individuals.