Using Proof-of-Play as a Crypto Mining Tool

The online gaming industry is changing, revolutionising, evolving at a rapid rate; a crazy rate in fact thanks to the incorporation of totally ingenious blockchain technology. With Sgame Pro™, for instance, the idea is to play your top games, mine tokens, earn real money and be rewarded for your gaming efforts thanks to the innovative and undoubtedly smart Proof-of-Play protocol.
That’s right; blockchain has taken gaming to a whole new level so exciting that Sgame Pro has partnered up with Pewdiepie — game commentator and #1 YouTuber in the world.
Let’s find out more!

Blockchain in Gaming

Money in gaming is not new. It has been around for a good ten years now. However, innovative and disruptive blockchain tech has made the industry cooler and slicker therefore widening its appeal, while simultaneously appealing to avid gamers who already understand the concept of virtual currencies.
Traditionally, players used the game’s own money for in-game purchase, only to find the currency useless on other platforms. In contrast, blockchain tech allows gamers to trade virtual assets with one another and eliminates the need to buy items directly from game developers using fiat currencies.
The use of cryptos in gaming has also solved issues regarding ownership of in-game assets. This is because blockchain-based games tokenize all gaming items. The tokenized assets can then be traded or sold at the gamer’s discretion. Blockchain ledgers have also made safe storage possible. The presence of ‘smart contracts’ eliminates the need for central servers where all game commands, history logs, deposit info and player statistics can be manipulated.
Blockchain is big news and pioneers of this concept such as leading mobile game aggregator Sgame Pro™ are taking things to a whole new level by rewarding its players with utility SGM tokens for playing their favourite games on its platform.

From “Proof-of-Work” to “Proof-of-Play”

Think of all those hours you’ve spent gaming. Wouldn’t it be really great to be rewarded for those efforts? Well that’s the basic concept behind the Proof-of-Play protocol.
It works similar to the Proof-of-Work concept on the Bitcoin and Ethereum Platforms. Just as miners are rewarded with crypto tokens, players on the Sgame Pro™ platform are bestowed with ERC-20 compatible SGM tokens, according to the size of their “play-blocks” — a set of actions which, if complete results in the equivalent SGM reward.
Founder and CEO of Sgame Pro™, Gip Cutrino, says: “These tokens can be used by players to buy a large number of physical and digital goods on the Sgame Marketplace, which they can use across all games on the platform, at no cost or wait times. Moreover, players will be able to transfer these SGM tokens from their Sgame Wallets (SWallets) to their personal ERC-20 compatible wallets outside the platform.”

The point of Sgame Pro™ is not only to spice up the gaming industry, but to provide users with an unparalleled experience and an SGM token reward for the time they spend playing games on the platform. For this, players can choose to play traditional single-player games in asynchronous multi-player formats. Usually, mining requires significant financial investments and technical knowledge, but this platform aims to do away with these barriers to entry through Proof-of-Play. This protocol also takes care of the need to use fiat currencies or pay high transaction fees for online payments.
More than 139,500,000 SGM tokens have already been sold in the pre-ICO sale. The ICO is scheduled to be launched at the end of July 2018.

To know more about the ICO and make sure you’re keeping up with the gaming scenario, visit sgamepro.io and follow on Facebook, Twitter, Instagram and LinkedIn.