GAMEXCOIN The Universal Game Currency

in #ico6 years ago

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What is GameXCoin(GXC)?

GameXCoin is a subsidiary of Blockchain Ventures, established in December 2017. GXC has developed its own blockchain platform targeted for games. Its blockchain technology is based on third generation blockchain called EOS, and it is developing SDK for games to be implemented on the blockchain platform. GXC is planning to launch the Mainnet by the end of 2018 with over three commercial games on the platform.

Global pre-sale will start from Singapore on October 25. GameXCoin has received attention in the crypto market for selling all of its tokens within one hour of the first pre-sale in Korea even during this bear market.

The first step for global sales will take place in Singapore through the Kryptono Exchange headquartered in Singapore. Kryptono is ranked in the top 50 in the world and has a strong presence in Asia.

The Blockchain projects for games are increasing in Korea, but creating an ecosystem that connects games and real life with the blockchain to overcome the dilemma of gamers and developers mentioned above, there is nothing like GXC.

GXC was founded in 2017, has been around for 10 months, led by Kai Kim (CEO and Founder) who has business experience in payment services along with software development skills. The project is also run by members of the largest blockchain research group in Korea called Decipher at Seoul National University. CTO, Jin Yang, also a member of this group. It is no coincidence that the development team known as experts in the blockchain attracts attention.

The GXC blockchain platform is optimized for cryptocurrency used on gaming platforms. GXC aims to build the platform by developing alliances with game developers, and GXC becomes the main currency among the game. GXC provides blockchain platforms for games, developers, and gamers to connect with each other to protect digital assets for gamers and save marketing costs for developers. The GXC platform aims to support game developers to provide their own tokens for marketing tools.

Objective

GXC to become the first game-token to be the Bitcoin in games where growth opportunity is endless.
Become the Binance Exchange in game industry with GXC as the leading game-token.
5 Main Points

Blockchain is developed based on open source EOS - Enables high-speed data processing.
Developers issue their own game tokens using GXC coins as collateral.
The economic token of each game can be controlled by the developer using a Smart Contract.
Only game tokens are allowed on the blockchain which makes the system fast and lightweight.
GXC provides SDK / API for games that can be easily adapted to existing UI.
GXC Details Token

Token Name: GameXCoin
Token symbol: GXC
Platform: ERC20
Buy with: KNOW, GTO, BTC, ETH, USDT
IEO Price: 1 GXC = 0.068 USD
Min IEO purchase: 100 GXC
IEO Lock Up: There is no Key
Soft Cap: 100,000,000 GXC
Hard Cap: 400,000,000 GXC

For game developers who participate in the GXC ecosystem, they must first purchase GXC coins and exchange them to receive tokens for their games. It is up to the developers about how and when to issue tokens. In-game prizes, payment of goods / repurchases and other types of use of tokens are entirely dependent on the developer. Developers are free to participate in ICO by promoting to increase game users and profits as long as they buy GXC coins first to be used as a security deposit. The purpose of this scheme is to protect the value of tokens. For gamers, they buy tokens to pay for goods sold from the game.

GXC's DEX (Decentralized Exchange) allows game tokens to be traded with GXC coins which can also be purchased from cryptocurrency exchanges. This process is a way to enter the GXC ecosystem, and also eliminate third-party vendors to buy goods while playing games.

Partner with popular game developers and connect game tokens to the real economy

To make this ecosystem truly work, finding high-potential games to become popular is the first step to increasing users. Kai acknowledged that "partnerships with good game developers are an important key to success," and added that "no one knows which games will be popular or not, so there will be many trials with various games." The big picture is to test new games and trendy games to produce blockbuster hit games.

GXC is currently partnering with Neowiz Bless Studio which is known for making popular games called 'Bless', Red Sahara, Bluehole subsidiaries that develop 'Battle Grounds', XLGames, SuperCreative, Entermate, and many other well-known developers in the gaming industry.

Creating economic tokens for games is not the end goal, GXC finally wants to play a part in the real economy. Kai explained that "When the number of ecosystem participants increases with many trades, when the right time arrives, we will make tokens connected to the real economy. Instead of registering coins to convert them into money, we want to partner with social commerce to release coins through gifticons or in-game money to maximize their utility as tokens. "To realize this plan, GXC has partnered with Korea Pay's Service which provides payment solutions for cellular with 400 channels including KakaoTalk, Starbucks, Outback.

For more information, please visit:

Website: https://www.gamexcoin.io/
Facebook: https://www.facebook.com/gxc.world
Telegram: https://t.me/GXC_EN
Twitter: https://twitter.com/GXC_Official
Medium:https://medium.com/game-x-coin
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