HYPERBRIDGE PROJECT - ALL THAT YOU NEED TO KNOW
Hyperbridge is a decentralized platform designed specifically for game developers and their consumers. Gaming, as well known among developers, is a very competitive industry dominated by large firms at the expense of smaller and independent startups/developers. The gaming market is kind of biased in the sense that smaller and indepedent developers have real difficulties breaking even and getting their products to the public. This is often compounded by high marketing costs which are often so high that an average developer cannot afford. Independent game developers are thus often faced with the problem of funding their creations. In the cases where they are able to use public platforms for the funding, the fees charged on them are exorbitant such that they are often left with almost nothing to take home after the platforms have deducted their charges. Further more in the present game industry, develooers cannot intereact adequately with their consumers much less, incentivize them for patronizing their products. These and many others consistute hurdles that limit game developers and suppress creativity such that the industry cannot boom to its full potential.
Hyperbridge emereges as a solution to these inhibiting challenges within the game industry. The platform aims to emancipate game developers from the limitations arising from these challenges and by so doing, boost innovative creations in the industry while at the same time creating a robust platform for game developers and their consumers to interact more effectively and profitably.
To arrive at the above goal, the platform proposes a BLOCKHUB which would be a decentralized platform that would provide game develoopers with every tool they need to seamlessly and successfully create and publish their games - from crowdfunding to SDKs which they can use in developing and publishing their creations. Blockhub as a blockchain based platform, would foster interaction between game developers and their consumers. It is a platform through which developers woul be able to crowdfund their creations as users can get to choose which project /game development they should finance thus, effectively tackling funding challenges and dominance by largers firms which often limit average developers.
As a blockchain platform, hyperbridge will be driven by its own platform token, the HBX. HBX would be the native currency of blockhub ecosystem and would be used in all transactions such as incentives and fees. HBX is an erc20 token thus, users would be able to store their tokens in any erc20 wallet since the platform itself would run on the ethereum blockchain.
Hyperbridge would conduct token generating events in two phases to raise funds for the project. These would be the private and the public sales. Total amount of the tokens to be issues is 100, 000000000HBX and the hardcap of the events is estimated at $18.5m. The funds raised from the events would go into development of the blockhub ecosystem, marketing, operations, administration, legal, and auditing, etc.
HBX would be a utility token. Its use cases on the platform would include among others, for paying fees, for incentivizing users, for voting, for membership subscription, etc.
You can find more information on hyperbridge project at their website here: https://hyperbridge.org/
As well as their whitepaper: https://hyperbridge.org/whitepaper/
References
Bounty0x username: diana1