EON TO REVOLUTIONIZE THE GAMING MARKET

in #ico6 years ago

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The games market (software) is fast growing and was able to raise a revenue of 116B in 2017. Nevertheless, the increase in the marketing cost has created a huge gap between the games and the players. Nowadays, game developers expend more funds on marketing, spending at least half of their revenue on marketing and making payment to the online ads platforms like Google, Facebook and other centralized game distribution systems like Apple, Steam etc. This has led to the centralization of the game industry as well as increase the cost of acquiring a player for a mobile game. Although, established companies can afford players and attract peoples' attention, it is incredibly difficult for small companies to attract players due to insufficient funds.

In order to eliminate this problem, the EON platform was created. The EON platform is described as a regionalized digital game system which enables gamers to discover, play and share games, as well as interact with other gamers. The platform is powered by the blockchain technology and is more reliable, efficient and globally accessible. Features of the platform include the EON token which is the core of the ecosystem designed to reward the participants on the platform including anyone contributing to the growth of the platform.

In addition, payment transactions made on the platform are extremely efficient and most currencies are supported on the platform due to the use of blockchain technology. Because of this, developers can easily distribute the games to numerous countries. Due to the utilization of smart contracts, the user traffic is recorded on blockchain and can be accessed by everyone. This will completely resolve every issue relating to fake traffic issues that have characterized the various online ads network. The platform also comes with the referral system to enable influencers, gamers and developers to bring in more people using EON token. Everyone has access to the referral smart contracts and will receive a reward for every referral actualized.

Furthermore, developers can create or update games. They can also check statistics as well as execute the configuration of the referral smart contracts. Also, they are permitted to set rewards for every action executed during the game. For instance, reward of 200 EON for the acquisition of a registered user or reward of 300 EON for the acquisition of a paid user. The reward can be adjusted depending on the number of users acquired. These changes are then recorded on the blockchain for proper documentation. Afterward, the developer will receive all the revenues generated after the deduction of taxes and other payment system commission.

The EON token generated is estimated at 2.1 billion and the platform will support the coin burn mechanism after the initial release of the coin. This will lead to the gradual increment in the supply of the EON token after the release of incentives for investor, team and the community in general. By Q1 2019, the EON platform web version will be launched and fully operational followed by the launch of the mobile version. The platform is managed by a foundation council and an advisory board made up of industry experts from blockchain, gaming and venture capitals.

In summary, the EON platform aims to revolutionize the gaming market to enable developers, gamers and other stakeholders enjoy the benefits that come with it.

To find out more about this project, here are some related links:
Website, Whitepaper, Telegram, Reddit, Twitter, Bitcointalk ANN thread

Writer's bitcointalk username: Anike01
Writer's bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1565368

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