Tedchain: Making Gaming Experience more Attractive and Interesting

depedro (43)in #tedchain • 6 years ago

“All work and no play makes Jack a dull boy” – this is an aged long reality statement meant to illustrate the effect of recreational and entertainment activities in life. A game is an important and most popular source of recreation and entertainment to man. A game can be taken as an activity designed to entertain or educate someone. Gaming is as old as human existence on earth, its importance and contribution to mankind cannot be overlooked in any manner.

In the modern day world, gaming has been greatly influenced by the revolutionary trends in technology, ranging from video games on tv sets to games on mobile devices (smartphones) etc. One of the advantages of the present day gaming industry is its noneconomic volatility –the game market has always witnessed successive and massive growth over the past few years with little or no economic downturn within these past years.

What are the benefits of games?

This question may seem simple, yes, because a kindergarten kid could easily provide answers to it, which may include the following possible answers; sources of fun, entertainment and relaxation etc. But is it possible for a gamer(someone playing or involved in a game) to be rewarded or paid for participating in a game, especially video games? This question will be very interesting to tackle...

One of the trending innovations of the 21st century is the blockchain and cryptocurrency technology. Blockchain technology is a decentralized and transparent block of record or ledger, this technology has positively sanitized and revolutionized many sectors of life. Cryptocurrency is a digital currency that operates on the blockchain technology. One may wonder about the relationship between these technologies and the gaming sector. Well, let’s keep fingers crossed and keep on watchful eyes as events progress.

Introducing Tedchain

#Tedchain is a worldwide network platform that seeks to leverage on the powers and functionalities of the blockchain and cryptocurrency technologies to reform, revolutionalize and monetize the gaming sector. This platform is decentralized so that more people can participate and control their games, also it serves as a platform for game developers to publish their games for gaining higher audience and patronage. On this platform, gamers are financially motivated by earning tokens while participating in games. Tedchain's token can be used by game developers who publish their games on the Tedchain platform to reward participants who play their games, pay for various subscriptions and make purchases of gaming services.

watch this interesting video...

Best Features

TED Blockchain: Since the platform is Blockchain driven, it implements its own advanced blockchain technology to achieve a high-end consensus speed, coin mining algorithms and effective smart contract codes for improving the gaming experience on the system. This improved and highly optimized Blockchain technology gives game publishers on the platform an edge to make available an awesome gaming experience for players.
Consensus Protocol: It takes the issue of justice and fairness very serious by using a consensus protocol based on Proof of stake and Proof of authority protocols to reward long-term participants on the Tedchain ecosystem. The quantity of token/coin and how long the token stays with the user or gamer will determine the amount of reward to be earned. Bigger and older tokens/coins are probable to attract more stakes.
Voting System: Decision taking on certain aspects of the platform's token or coin is very much democratized on the system through the use of an immutable Blockchain based voting system. Any gamer that actively stakes on this platform will have access to the voting system, where issues thrown up by any gamer is added to the blockchain, looked upon and voted for or against. Gamers with the highest control of the overall votes will gain or loose from important decisions on the Tedchain platform.
TED token/coin: TED is one of the Cryptos on the Tedchain platform, it is the coin used for payment on the Tedchain gaming platform and other games published on the platform. For purchasing TED tokens during token sales, the buyer will have the opportunity to get an in-game resource at an appreciable price discount and will also be privileged to exchange tokens for fiat or paper currency via an internal auction. TED token holders can purchase in-game items with it.TED can also be transferred between players’ accounts as a result of trading on the game open market. A gamer can purchase TED coins through the Google App store, on a cryptocurrency exchange platform, and on the game site. TED is an ERC-20 standard token and operates on the Ethereum blockchain network.

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In Conclusion

Since the gaming industry is one that is highly concentrated on, investors, gamers, and developers should consider getting into this platform in order to explore the almost unlimited benefits.