Asobi Coin: An innovative platform for secondary content

adnanzeal (38)in #ico • 6 years ago

Asobi Coin is a distributed secondary content platform based on the blockchain technology. Asobimo Incorporation is a game maker that develops and manages its own company; they are specialized in 3D MMORPG genre for smartphones and provide their services across the world, primarily in Japan and Asia. In 2007 “Iruna Online” service was started for feature type phone along with “Avabel Online” and “Toram Online” for the smartphone. Asobimo Inc. is a famous gaming industry based in Japan and has different popular game series like Toram online, Avabel or Stellacept in their portfolio. It is the leading MMORPG provider in Japan and with revenue around $12.4 billion. And Asobimo wants to capitalize on the world’s third largest Japanese gaming market.

The main purpose of this project is to create its own platform, where it will bring the buyers and sellers on a single place to buy and sell the products. Such types of platforms are still in existence but they have some drawbacks like users are not granted the right to own a product. For example, if one of these platforms closes, then the product will also lost with the closing of the platform and user will not be able to use the purchased product. Asobi market will provide the right to own the content on its platform, and in order to protect the transaction a decentralized security system will also be used on this platform. https://asobimo.io/en

Users can buy the product either from the manufacturer or another user for lower price. And after the transaction money will be automatically deducted from the wallet. Asobi market uses the technology of blockchain to provide a protected system to distribute content which are second-hand. In current scenario the current digital content services do not give licenses to its users, which makes it almost impossible to resell.

At Asobi market the user owns the license, which we can guarantee through DRM, Decentralized Security System (DSS). Through this system a secure secondary digital content can be traded with ABX. The digital content traded at in this market will be on the blockchain and a smart contract automatically returns the profit to its rightful owner.
If someone sells any second hand book at Amazon, the original publisher won’t get any profits through it, and this can be seen as a problem for the original publishers in the huge secondary market. However, musicians allowed getting the profit of their songs being played or sung in karaoke. With the help of smart contracts on the blockchain, Asobi market will inevitably distribute the profits to the original and rightful owners of the content. https://asobimo.io/en

Conclusion:

The gaming industry is usually one of the most advanced technologies, and they do so with the adoption of the blockade; details are scarce now, but the company in Tokyo said it will combine its ten-year experience in creating mobile MMORPGs with blockchain technology way of playing. This is a fast developing industry and this platform allows its users to buy products directly from the manufacturer, and second-hand from other users for a lower cost. The producer of the product also gets some part of profit while selling the used products from one user to another.