EON Token Review: Analysis of EON Gaming Platform
The EON Foundation’s gaming platform is a significant breakthrough for gaming enthusiast. EON is a decentralized platform which supports the distribution of digital games. Some of the benefits gamers are going to enjoy when using the platform include playing digital games, sharing games and interaction with fellow gamers. The EON platform is built on Blockchain technology. This makes it democratic, efficient, transparent and it will be able to be accessed from around the world. The EON ecosystem is built into four different parts
• Game discovery system
• Game community
• Referral system
• and developer system
EON is not a novice project because it has made previous game publications such as the Crypto Alpaca crypto pet game. The project is backed by over $5M, which will be used for funding and development of the platform. A lot of work has already been put in place to achieve one common goal which is to create a gaming utopia for gamers.
EON is backed by a team of committed individuals, who have the right experience in cryptocurrency, for instance, the funding round is headed by Feng Li who is a very successful crypto investor.
The EON project will not just transform the cryptocurrency industry it will also bring in a new era for gaming. Its main ecosystem purpose is to encourage the development of more modern more exciting and addicting game, by helping game developers with incentives and providing a cheap, fast and decentralized platform where new games can be developed quickly, thanks to the use of Blockchain technology these new games will reach a global audience. Gamers will be rewarded with the EON token. This is great since they will no longer be room for exploitive intermediaries as we have in the current gaming industry.
About EON token
The EON token is a fundamental tool in the ecosystem, it is going to control the project economics and will be used extensively on the platform. It will be used to reward both gamers and game developers. The decentralized nature of purchasable items and services is what makes the project unique, and these could be bought with the EON token. Players will be able to make a purchase directly; there will be no unjust purchase from big gaming companies.
Token Symbol : EON/EOT
Token Type : ERC-20
Total Token Supply : 2,100,000,000 (2.1 Billion Tokens)
Total available for sale : 630,000,000 (630 Million Tokens)
Soft Cap : 10,000 ETH
Hard Cap : 30,000 ETH
Token Sale Price : 1 EON = 0.0280 USD
Whitelist : Yes
Know Your Customer (KYC) : Yes
The video gaming industry is one of the under harnessed financial industry this is primarily because people feel it is something we do only for fun. Contrary to this believe statistics estimated the gaming market to be about $109billion in 2017 and has witnessed a steady growth of 6%.
The project has left no room for skepticism, since the launch of its first game "Crypto Alpaca," the game has enjoyed steady popularity with over 200,000 registration since its launch early this year.
TOKEN DISTRIBUTION
The percentages at which the token will be distributed is depicted below
Summary
With EON foundation everybody is a winner except of course the exploitive middlemen and big gaming industry. The platform will facilitate the creation of more games to its users by providing developers a scenery platform. The idea is a win-win, while we empower game developers they, in turn, offer newer games for gamers.
For more information check the following links:
Website: http://eontoken.io/
Whitepaper: http://eontoken.io/EON-Whitepaper.pdf
Twitter: https://twitter.com/EonToken
Medium: https://medium.com/@eontoken
Telegram: https://t.me/eontoken3
Writer’s bitcointalk username: Olamidey
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