THE RELEVANCE OF THE PLAY-AND-EARN ECONOMY CREATED BY CINEMADRAFT

in bsc •  3 years ago 

13754625_1659302041058542_6048746659447251459_n.jpg

The play-and-earn economy is powered by the cryptocurrency sector. The economy is based on the fact that most players want to get rewards for playing their favorite games. This is not always possible under the traditional setting and that is what CinemaDraft wants to improve on.

I must mention is that CinemaDraft is powering an ecosystem that creates multiple opportunities for the players to make more revenues from playing different kinds of games.

WHAT KIND OF GAMES CAN I PLAY ON CINEMADRAFT?
Note that you may not be able to play all the games that appeal to you. Instead, CinemaDraft gives you the opportunity to play games that are centered on Hollywood characters.

This would be the first-of-its-kind and this project is putting everything in place to make it work. Worthy of mention is that the CinemaDraft platform is to be powered by a native crypto token called CD3D. The combination of the platform and a crypto asset would lead to the powerful gamified ecosystem to be pioneered by the platform.

THE MARKET
The CinemaDraft team took a bold move to evaluate the market it wants to play by researching the different factors.

For example, the team found out that about 78.8% of the target market was not certain if they could convert the in-game tokens they received into cryptocurrencies. This is not possible in the traditional market because only a few or none of these in-game tokens can be used in reality.

The other deciding factor is the dominance of fantasy sports, as the research showed that up to 58% of the target market plays this type of sport.

More encouraging is the fact that up to 43% of the target market goes to the movies at least 5 times in a month.

THE SOLUTION: FANTASY GAMEPLAY VIA CINEMADRAFT
This project came up with the unique solution of offering fantasy sports by allowing the players to play games that are based on certain Hollywood characters.

THE OFFER: FANTASY SPORTS PLUS CRYPTOCURRENCY
CinemaDraft also made a great move of creating an ecosystem that allows the players to play different kinds of fantasy sports, while allowing the players to earn cryptocurrency in the form of the CD3D token.

BENEFITS OF THE CD3D TOKEN

1_Y_f9a5NqNxOn_3zvO_F1CA (1).png

Let us talk about some of the things you will like about CD3D – the native crypto token powering the CinemaDraft platform.

These include:
Holding Tendencies
The token doesn’t allow you to sell off the asset because it came up with a unique model. A 5% transaction fee is applicable to most of the transactions. While this might be a bit on the high side, it helps the investors to reconsider selling because of the expenses they are likely to make when settling the transaction fees.

Increased Revenue
The CD3D crypto token can also grow in revenue, thanks to the deflationary model of the token, the buyback mechanism and the limited supply.

CONCLUSION
CinemaDraft and CD3D are setting the pace for what would become one of the most adopted models in the cryptocurrency-powered play-and-earn gaming ecosystem.

1_yn22wgaKyepEK4u0Xn5qAw (1).png

Want more insight on this amazing project, click the following link links below;
Website: https://www.cd3d.app/
Whitepaper: https://sites.google.com/view/cd3d-app/home/whitepaper?authuser=0
Telegram: https://t.me/CD3DToken
Twitter: https://twitter.com/CD3DApp
Facebook: https://www.facebook.com/cinemadraft/
Instagram: https://www.instagram.com/playcinemadraft/
Medium: https://cinemadraft.medium.com/
Discord: https://discord.gg/vRTe2s2sMj

AUTHOR
Bitcointalk Username- Dividesug
Bitcointalk Profile- https://bitcointalk.org/index.php?action=profile;u=2767685;sa=summary

ERC-20 Wallet- 0x96C9cFfEa9328D6aC96160B515D293915A0b88f7

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!