Review on EOT

in #security6 years ago (edited)

The game market (software) is a billion-dollar business and have been for many years. In 2017, it was valued at 116billion U.S. dollars. What is important is that the first generation of gamers is now grown up with significant spending power; therefore, despite high penetration rates among kids, video games can no longer be considered solely a child’s play. In fact, it was found that video gaming is gaining on popularity among the seniors in the United States.
Fun and mental agility are among the main reasons cited by the older gamers as to why they choose this pastime.

With the gaming industry continuing to grow in size and value, some companies are looking into building games around Blockchain to take advantage of cryptocurrencies, tokens, and their benefits

In recent years, games have entered the markets using Blockchain features such as wallets or tokens to secure and back in-game items. This way players have more ownership of the items or currency they loot and purchase. With a Blockchain record, players are guaranteed ownership which gives their items value to both the owner and other players.

For every game on the internet, you’re meant to download them. If you’re an ardent game fan, you must have visited the Play Store and other games stores to download your favorite games.

Would you believe it if I told you that these platforms are part of the problems facing the gaming industry? Games were developed by game developers and sent out to such platforms and in the long run, these developers were stripped of their benefits.

The major problem facing the gaming industry lies in its distribution. Developers are almost depressed with what’s going on and are slowly backing off from developing more games. The few games available on the market are merely upgrades to existing games. You might wonder if developers are lacking ideas; they are not but are simply sad over what’s going on and do not see the need of making further efforts to develop more games. This is why a group of experienced and determined individuals develop a project called EOT. and will solve majority of all the problems revolving round.

INTRODUCING EOT
IMG_20180710_223322_664.JPG
EOT (Entertainment Open Network Protocol) is actually the world’s first decentralized platform which incorporates the blockchain innovation into the advanced gaming framework, keeping in mind the end goal to erase the present imperfections captured within the gaming venture. EOT gives an enhanced platform to game developers to really earn from the various games they have made without the need to spend much on promotion/advertisement. This platform is engineered in such a way that games are promoted with relative ease.

HOW DOES EOT PLATFORM SOLVE THE PROBLEMS??
The platform plans to eradicate the problems by utilizing the Blockchain( originally will be built on ethereum), therefore by use of crypto-currency payment method on EOT, integrating local payment or adjusting sales pricing will no longer be needed since there will be availability of maximum transparency. Payments can also be received on the platform in next to no time since transaction is quick on blockchain. The presence of smart contract on blockchain will make its utilization help developers in reduction of market cost, and at the same time gamers discover games quickly with benefit of making money from games they prefer also available. It will also reduce fake traffic since every transaction on the ethereum blockchain is traceable.

EOT PLATFORM'S ECOSYSTEM
The platform is a globally accessible one that is powered by blockchain, being trust with and providing efficiency and transparency to the system. Some of its features are as follows

  1. Referral system
  2. Game discovery system
  3. Developer system
  4. Game community

Token
The eot token is an erc-20 utility token registered on the ethereum blockchain, it will be used for all internal operations in the Eot Platform. For more information please refer to the links below.

Telegram Group: https://t.me/eontoken

Follow on Twitter: https://twitter.com/EonToken

Follow on Steemit: https://steemit.com/@eontoken

Subscribe on Reddit: https://www.reddit.com/r/eontoken/

Website: http://eontoken.io/

Whitepaper: https://docsend.com/view/yuhe5nc

ANN Thread: https://bitcointalk.org/index.php?topic=4431010.msg39553175#msg39553175

Writer's Bitcointalk - lil space

Writers bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2110845

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