AN INDEPTH REVIEW OF THE EOT PLATFORM

in #ico6 years ago


I love to play games. I think I am one of those you would call a game addict. I would play any game so far it is a digital game this is because Gaming is fun and can also be educative. The gaming world has revolved a whole lot. The gaming industry is said to have generated $116b in 2017. That is some huge money. This is because the gaming industry is increasing constantly as more games are being rolled out by developers, more game players emerge and thus the increase in revenue.

With the growth of the gaming industry, it is only normal that it might be faced with some little challenges. The gaming industry faces the problem of centralization in its game distribution. You may ask how? Well, currently gaming industry is controlled majorly by the game distribution platforms. Without players who will play the games? And to get players you will need publicity which is what most game builders lack. Most game developers do not have the required finance to create the necessary awareness needed to attract gamers for their products, so they have to approach game distributors who help them create the necessary awareness but they collect huge percentages and pay the game developers whenever they want which sometimes cause most developers to abandon the games they have created.

While developers who have the finance to create publicity spend a whole lot on ad platforms which sometimes leads to little profit from their hard works. There is, therefore a need for a platform that will disrupt the status quo and create an enabling environment where gamers and players can easily interact with each other. That platform is EOT.

WHAT IS EOT ALL ABOUT??

EOT (Entertainment Open Network Protocol) is a decentralized platform which integrates the blockchain technology into the digital gaming distribution system in order to erase the current flaws in the system. EOT provides a platform for developers to actually earn from the games they have created without having to spend so much on publicity and awareness creation.
EOT allows developers to attract gamers by showcasing the games they have created on the EOT platform, gamers can easily select the games they like to play and earn money supporting games of their interest.

The challenge of attracting an audience is solved as the game developers have the opportunity to serve a large audience on the EOT platform and get paid swiftly, they don’t have to abandon their projects anymore due to inability to attract an audience.

Furthermore, by integrating the blockchain technology into the gaming world, the challenges in payment are erased as users can now pay using cryptocurrency. Developers no longer need to deal with price adjustments and local currency integration.
The platform also enables players to interact with each another. To talk about games they like, review games they have played, post videos or photos about the games they have played as well.

TOKENOMICS

The EOT token will be the major payment cryptocurrency of the EOT platform. EOT is a utility token. The total amount of tokens to be emitted is 2.1billion. EOT is to be developed on the Etherum Blockchain. It is ERC20 standard. EOT will be used to develop the EOT platform. EOT tokens will also be used to reward early supporters of the platform and will support coin burn after the initial issue of the tokens.

CONCLUSION
EOT platform will bring the much-needed change that is required in the game distribution system. With the integration of the blockchain, the game distribution system will become more cost-effective, efficient and secure for all its users. Both gamers and developers will be at the winning end.
It might interest you to know that the EOT token generation event is ongoing. Kindly visit the website or telegram for more information.

For more information or to contact the team members, kindly make use of any of the following links
Website; https://www.eontoken.io
Whitepaper; https://docsend.com/view/yuhe5nc
Bounty Thread; https://bitcointalk.org/index.php?topic=4431010
Twitter: https://twitter.com/EonToken
Reddit: https://www.reddit.com/r/eontoken
Telegram: https://t.me/eontoken

Author's Steemit Username; E4ourma
Bitcointalk Username; johnyjay
Bitcointalk ProFile URL; https://bitcointalk.org/index.php?action=profile;u=1819701

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