EXISTING MODEL OF THE GAMING SYSTEM
In the existing gaming setup, the video game creators act as an obligatory 3rd party in a centralized model. This setup brings a lot of challenges and barriers for the majority of players, especially those who are not so skilled gamers. One of the biggest problems being 'pairing (among gamers) and level qualifiers'. The major flaw in the current gaming model is the lack of adaptive analysis on the playing style of the gamer. This creates unbalanced situation and generates prolonged stagnation thereby creating toxic communities due to unfairness of the matches.
Despite these challenges, in the last five years, the gaming industry has managed to grow at a staggering growth rate (i.e. 56% of average annual growth rate), translating into market of worth around $ 109 billion in 2017.
Here comes the innovative solution which aims to solve the existing challenges faced by the gaming system operating in a centralized ecosystem. The innovative solution is offered by Genbby that offers a decentralized ecosystem supported by exponential technology and a payment system with blockchain technology, with focus on player's competition, training, learning and socializing for its rapid evolution and overall development of the ecosytem.
The primary focus of the centralized model is on corporate brands / sponsors, game creators, professionals and teams. On the other hand, the solutions offered by Genbby is designed to benefit every stakeholder who is part of the gaming ecosystem i.e. causal players, newbies, professionals, teams, leagues, and tournaments, which is currently not the case in a centralized model.
GENBBY ECOSYSTEM
The vision of Genbby ecosystem is to bring two radical changes in the esports industry: -
A. Monetization - Gamers (i.e. anyone and not just professional gamers) will be rewarded accordingly to their ability in competitive games
B. Adaptive Tools - Gamers will have access to adaptive gaming tools as per their gaming needs
[Exponential Technology: - The Exponential Technology is being designed for creation of adaptive tools and processes on the basis of gamer's needs and their behaviour in the competitive games ecosytem.]
GENBBY BUSINESS MODEL
The Genbby business model consists of the following 3 components: -
A. Profit Engine - Covering all the requirements of the participants of the Genbby ecosystem, profitable models will be executed and deployed to maximize the participants' profitability
B. Creative Monopoly - Explore new niche markets offering lot of potential where Genbby change certian existing rules of the gaming industry which only benefits some players, instead of providing level playing ground for all the stakeholders in the ecosystem
C. Network Effect - Genbby does not need to intervene outside it’s own ecosystem, serving as an intermediary between players.
GENBBY TOKENS
Phase 1
The total supply of Genbby (GG) tokens for sales is fixed at 50 million tokens, with each GG token value pegged at US$ 1.
The start date of the Phase 1 token sale is 19th May 2018 and it ends on 16th June 2018.
Phase 2
The total supply of Genbby (GG) tokens is fixed at 1 billion tokens with 200 million tokens allocated for sales with a minimum goal to raise US$ 250 million. The start date of the token sale process is yet to be decided.
CONCLUSION
Thus, Genbby is a decentralized esports ecosytem which is operated by artificial intelligence. Genbby aims to address the issue of lack of adaptive analysis of the gamers' gameplay in the existing matchmaking model, which is the reason for generating unbalance matches and creating prolonged stagnation. The gamer matchmaking model proposed by Genbby will help in motivating the gamer community by turning their hobby into profits and thereby activate a hidden market in the esports industry with a huge potential market.
*Website: - https://genbby.com/; https://ico.genbby.com/
*Whitepaper: - https://ico.genbby.com/files/whitepaper.pdf
*Join @Telegram: - https://t.me/GenbbyICO
*Follow on Twitter: - https://twitter.com/GenbbyOfficial
*Join on Facebook: - https://www.facebook.com/Genbby/
*Follow on Reddit: - https://www.reddit.com/user/Genbby/
Published by 'Sameer S'
Bountyhive Username: - Sameer
BTalk Profile URL: - https://bitcointalk.org/index.php?action=profile;u=1978491
Disclaimer: - Nothing written in this article should be considered as legal or investment advice. Kindly conduct your due diligence before making your decision on this project.