No doubt, the crypto ecosystem has benefited immensely from huge advancements that technology experts have developed over the last few years.
Many industries have also tapped into the gains and values these innovations have produced. Yet, there are calls for more sophisticated innovations that will solve a number of problems the crypto world faces, including low scalability, insecurity, lack of transparency, data safety as well as low returns on investment (ROIs).
The game industry is no exception to the bottlenecks plaguing crypto world, with both operators and managers, on the one hand, and players, on the other, demanding new innovations that will up the game.
In this article, we shall take you through a project that will change the outlook of the entertainment world, helping the whole world of games. GameXCoin is the proposal.
Getting to Know About GameXCoin
GameXCoin is a blockchain-powered proposal which aims to transform entertainment (game) industry, providing tools which will make gaming more enjoyable to all actors. GameXCoin is underlined by a 3rd generation blockchain technology, EOS. The technical focus mainly is to make sure that a strong Mainnet is formed which houses more actors. It aims to boost the minimum revenue of the game industry to 300 billion dollars per year.
How does it Work?
GameCoin is a proposal set to commercialize the business of free gaming. As its whitepaper states, much of the returns which comes to the game industry is derived from 10% users. But with this technology, each developer can build their own crypto currency which will essentially be utilized to transact while gaming.
GMC ICO Technical Features
• Wallet: GameXCoin will operate on GMC wallets which efficient on mobile and desktop tools. Here, the wallet is capable of sustaining GMC to include 2FA, email verification, SMS authentication, and chilly storage maintenance.
• Marketplace Sorting: The GameCoin will arrange and gather information of its marketplace as they relate to diverse virtual (crypto) currencies used in the ecosystem. By that, all buyers and sellers are synchronized into one single fused environment.
• Secure Payment System: GameCoin will work with a secure payment processor that will be used to purchase in-game tools with just a click.
GXC Benefits
• All-actor operation: GXC platform offers opportunities for actors to the industry for games businesses, developers, and players, can secure profit. These categories can also pay token by operating a pocket. Similarly, these developers can also make available their intellectual results such as game stuffs or contents for public consumption with the GXC tokens.
• Offering of Bonuses and Rewards: On GXC, game players will get reward with bonuses by just playing games.
• Ad Bonus: GameXcoin also gives watching advertisements or creation advertisements for players and all gamers to earn bonuses.
• Development support kits: GXC provides developers who adopt the platform utility token to have access to a lot of support and kits with which they can build good games and matches. The focus seeks to build a mechanism that will raise the utilization of GameXCoin tool and its utility token.
• Support for Sport companies: Sport corporations will be equipped with opportunities to issue their blockages for advert reasons.
Token and ICO detail
GameXcoin utilizes smart contracts as platform utility tokens, using the GXC Tokens, which act as the platform currency as payment instruments on the platform. The platform proposes to release 625,000,000 GMC tokens, priced at 0.0001 ETH.
Token Symbol GXC
Total Token Supply: 1,000,000,000 GXC
Token Sale : 400,000,000 GXC
Price in ICO : 0.0293 USD
Country : Russia
KYC : No
Whitelist : No
MVP : No
Token Distribution
74% of the tokens goes to investors; 10% is shared to founders and developers; 4% will be distributed to partners and game makers; while the remaining 2% will be kept for the reward campaign.
Conclusion
The unusual elements that define GameCoin will give the platform a very good stead to outsmart all existing game-based technologies. GamesCoin is an ambitious idea that simply intends to unify the in-game currencies into one blockchain. The proposal will give each developer opportunity to generate their own forks of the platform and utilize those divisions as their in-game currency.
Relevant Links
Website: https://www.gamexcoin.io/
Whitepaper: https://drive.google.com/open?id=1bPi-aXCMBQs0by1wLw2jRgFQ9gHxN9JO
Author: Mmesooma1
Bitcointalk Profile Url: https://bitcointalk.org/index.php?action=profile;u=2051442
Ethereum add: 0x26024CbEdb60eD62866456879bD12deD8a66913a