The advent of blockchain technology has lead to the development of amazing and outstanding projects each solving different challenges either in the crypto space or the world at large. Blockchain was introduced by Bitcoin where transaction ledger was made possible; that is, a system where users can transfer or deal on a peer-to-peer basis with no consideration of any middlemen. Ever since then, the crypto space is now worth billions of dollars.
Like earlier stated, each blockchain project aims to solve certain challenges, thus a blockchain project like Hyperbridge aims to solve the challenges faced by game creators and users.
A study has shown that, within the crypto space, existing blockchain technologies are yet to solve the challenges which have created a gap between hype and reality found in the gaming industry. This gap created has led to a major barrier or roadblock in the ways blockchain potentials is meant to be felt or experienced; the end result is the absence of;
a. A concise and easy way by which creators can easily and efficiently contribute as easy as possible.
b. A lack of a team development which will lead to the right foundation on which participants can build upon.
Also, like earlier stated, there are existing problems which have posed as a barrier to the growth between creators and users offered by blockchain technology such as;
- The complexity surrounding creators who wish to publish blockchain enabled contents.
- Lack of appropriate and convenient tools which are needed to utilize blockchain in a product launch.
- The high and unfriendly fee associated with existing or traditional publishing models.
- The presence of "noise", thus preventing quality projects from reaching the required visibility and audience.
- Smaller developers not accessing the right funds for development while large developers depend on current market share, visibility and audience to pull out small projects.
HYPERBRIDGE: THE NEEDED SOLUTION
In a bid to solve all these challenges led to the creation of Hyperbridge. Hyperbridge is a blockchain platform with the aim of developing effective and efficient decentralized protocols which will be well suited for deployment of next-generation applications within industries at the same meeting their specific micro-economies.
To achieve this aim, Hyperbridge developed a protocol-driven platform known as BLOCKHUB, thus creating a bridge which will connect producers and consumers where the first of the micro-economies will be based on the gaming industry.
With the first being on gaming Industry, Blockhub will then equip developers with the power to efficiently, simply and conveniently crowdfund their development in addition to a created out-of-the-box solution market, through these;
a. Publishing their games,
b. Providing consumers with a vibrant and efficient marketplace to find new and amazing titles,
c. Having the ability to be directly incentivized by developers of the games they like and support.
What Is Blockhub all about?
In simple terms, Blockhub can be seen as a platform for games as well as for gamers. It is a smart contract decentralized and digital distribution platform that empowers developers to conveniently and easily launching their games. In addition, gamers will also have the opportunity to become financiers in their own projects as well as being active in the entire game development process.
Furthermore, through the use of decentralized protocols, the community members will be able to control the actions and reactions in the platform.
BENEFITS PROVIDED BY HYPERBRIDGE
Owing to the outstanding nature of Hyperbridge it accommodates both users and creators thus offering the following benefits;
Creators will be;
- Able to conveniently and securely send and receive payments with an integrated wallet.
- Able to utilize machine learning and AI to enhance sales and industry performance.
- Able to carry out transactions faster and at a cheaper means.
- Able to create a community and reward users, at the same time enhancing gamer engagement and an all in one fundraising tool.
Users will be able to;
- Conveniently manage all currencies in Hyperbridge secure and integrated wallet.
- Crowdfund as well as gain early access and advantages to games and applications they so like.
- Leverage Hyperbridge; where Hyperbridge aims to grow in accordance with its Blockhub thus the content distribution model will offer application growth to new heights etc.
CONCLUSION
The Hyperbridge protocol will be developed to the extent that it will be seen as a proven solution which will pave way for the next generation applications thus leading to the growth of microeconomics in various sectors.
HBX is the token of the platform with a total supply of 1,000,000,000. HBX is an ERC20 utility token based on Ethereum blockchain.
HBX will be used as fee while accessing services in Hyperbridge platform.
FOR MORE INFORMATION ABOUT HYPERBRIDGE
Join the Telegram Group: https://t.me/hyperbridgechat
Follow on Twitter: https://twitter.com/hyperbridge
Follow on Facebook: https://www.facebook.com/HyperbridgeTech/
Follow on Medium: https://medium.com/hyperbridge
Follow on LinkedIn: https://www.linkedin.com/company/18307788/
Website: https://hyperbridge.org
Whitepaper: https://hyperbridge.org/whitepaper
Writer's Bounty0x Username: Emmy92
Wery interesting and informativity post!)
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