BBK REPORT — 10/2018

in blockchain •  6 years ago  (edited)


PRESENTATION AND JUSTIFICATION

BITBLOCKS is a business-oriented cryptocurrency directed towards entertainment, especially in video games and other areas that revolve around this current industry, such as championships, events, fairs, conferences, and game development among others. We know that this business is in rapid expansion worldwide and that video games have not ceased to be something exclusively marketed to target age groups. The climbing value of the gamer world has reached such a point of professionalism that there are currently athletes and video game teams, tournament achievements that are transmitted in real time on the internet and even on television.

This market produces billions of dollars annually and presents an unquestionable expansion trend. According to Forbes Magazine, this industry is forecast to move around $128 billion in 2018 through sales of games, accessories, consoles, new technologies, fairs and events around the world. In the US alone, gross sales for 2017 were $36 billion. According to the report prepared by Consulting NPD Group and the Entertainment Software Association this number represents an increase of 18% when compared to the previous years’ scores. The BBK has its field of activity in this billion dollar market, contributing in the promotion of the commercialization and development of new technologies, strengthening this area and effectively raising its own value as a digital asset. 

FUNCTIONALITIES

PROFESSIONAL CHAMPIONSHIPS:

 BITBLOCKS is going to participate in existing e-sports championships around the world sponsoring these events, publicizing the currency brand, and suggesting the prize winners of the BBK tournaments.BITBLOCKS tournaments will be looking for teams of professional players to sponsor the most important competitions using as a source the BBK currency itself, making its mark on the athletes’ uniforms and other products linked to the team.

BITBLOCKS in the promotion of professional face-to-face championships in different regions with the aim of attracting the interested public in e-sports, commercializing paid registrations in BBK and selling products with the coin logo as hats, t-shirts, key chains, stickers, mousepads, etc. There will be stands of global organizations linked to the digital technology and entertainment sector that will offer products such as smartphones, games and accessories in general with discounts for participants and receiving in BBK. These championships will be called BBK PROFESSIONAL CUPS.

AMATEUR CHAMPIONSHIPS:

 BITBLOCKS is going to organize online amateur championship, making wide scattering of the brand in the virtual condition, granting the winners with BBK.

BITBLOCKS will elevate face-to-face championships in many different places, with the point of drawing in intrigued gatherings of people in e-sports, advertising BBK-paid enrollments and offering items with the coin logo, for example, caps, shirts, key chains, stickers, mousepads, and so forth. There will be stands of various organizations connected to the advanced innovation and amusement segment that will offer items, for example, cell phones, diversions and extras when all is said in done, with rebates for members and accepting in BBK. These titles will be called BBK AMATEUR CUPS. 

SALE OF SPECIFIC PRODUCTS IN PHYSICAL AND VIRTUAL SHOPS

 BITBLOCKS is going to assemble physical and virtual stores around the world and propose partnerships so that products such as games, consoles, computers, headphones and miscellaneous accessories can be marketed in BBK. For example, a player from one country can buy equipment and games in another country, without necessarily having to use a credit card, for that, using the blockchain technology of the currency to make the purchase. This would greatly increase audience of any store targeted to this segment across the globe and would relieve a consumer interested in necessarily having a credit card to get what they want.

Summary

 One of the great benefits of using blockchain is to provide freedom among people when it comes to payments without the existence of centralized structures like banks or credit card operators. We can send resources to anywhere on the planet in a few seconds without having to use the banking sector and pay increasingly abusive fees for this service. Once a physical or virtual store accepts the payment in BBK, it will automatically profit as it would not have to pay a single penny to the credit card companies. As we all know, in all sales the trader pays a percentage to them. In short, more profit and independence for those who sell. 

DEVELOPMENT OF GAMES

 BITBLOCKS will be developing interactive video games when partnered with other game systems, where rewards (point) acquired during the games can be exchanged for BBK, therefore, the gamer can use them in real life. The same way BBK will be able to be used to purchase items in the game itself. For example, during a warfare game the gamer will be able to upgrade their weapons (which are the in game-purchases), buying with BBK is simple and practical. 

TECHNICAL SPECIFICATIONS:

  • Type: POS + Masternodes
  • Default port: 58697
  • premine: 160m
  • Max supply: 584m
  • Address letter: B
  • Transaction fee: 0
  • Transactions per second: 346 TPS (approximate)
  • Block size: 2mb

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blockchain bitcoin bitblocks masternodes pos
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