Introduction
Gaming industry is a huge potential market that many big companies in not only gaming industry but also other industries show their interests. Today, the video game market has an estimated value of 152 billion USD. According to bestthenews, the demand for video games is predicted to be worth more than $90 billion by 2020, up from almost $78.61 billion in 2017. However, everything is not in pink color while there are still challenges in exchanging game items due to lack of trusted platform. Orionix, a commission-free games and items exchange platform is built to solve those problems.
Difficulties In Gaming Industry And How Orionix Resolve It
Lack Of Payment Gateway
In the age of technology and digitalization today, it is true that there is still many people who do not have access to or use of credit cards, especially in emerging markets. In contrast, everyone usually tend to have a habit of using cash. This is definitely the challenge that gaming developers face in emerging markets. Because a large number of people do not have access to the banking system or they do not own any credit or debit cards as well as lack of payment gateway of current platform (ie. They only accept Fiat), their access to certain gaming services, such as gaming item exchange platform, is hindered.
Threats From Hackers
According to a research from Trend Micro shows that gamers are favorite targets of hackers as well as they are the most vulnerable target. Gamers are often potential victims because most of them are economically stable people, in other word, rarely a poor person has plenty of time to play games. Gamers are usually lured by phishing emails, such as requests to complete game surveys, account information security or filling the form to win games items. That way, they can hack into your credit card or take away your personal information. In 2017, The Verge discovered that a Chinese company hacked Xbox accounts and then sold users' information on the black market. What's worse is that they even started their actions in 2015, and Microsoft has absolutely no solution for this issue. With issues mentioned above, it is even more difficult for gamers who spend their time and money in order to build high-level gaming characters and hunting precious items with the purpose of selling or exchanging. For this reason, Orionix team decided to build ORX platform, which uses ORIONIX – a native token of Orionix (Token symbol: ORX) with total supply of 600,000,000 ORX and sales supply of 420,000,000 ORX, as in to help gamers risk-free from nervousness and be able to securely purchase and sell not only their new or used games but also in-game skins, accounts and items. Besides, with the supportive of popular and well-known wallets which has been here for years such as TrustWallet and MyEtherWallet, gamers do not have to worry about possibilities of credit card hacking issues like in centralized gaming market. Furthermore, one of the other noteworthy point is that Orionix has partnered with most of video-game companies to create more choices for users with respects to decentralized items. By this way, users can rest assured that Orionix platform always has full of rich content for them to select. Last but not least, user can find out more about this amazing project by looking their Whitepaper here.
Conclusion
The turnaround in investing in the video game world is a sign of the growth in both revenue and the number of players, for a strong expansion in both engagement and geographical of this industry. This market is predicted to reach $250 million by 2023, it is no exaggeration to affirm that the diversity of players around the world has realized its potential, while helping to build this industry becomes a complete ecosystem. For that reason, we can clearly see the need of gaming item exchange platform like Orionix where will be the best place for all gamers around the world freely trade their game’s item with unlimited gain potential.
Note: This is not financial advice, please Do Your Own Research before taking any action.
Author: leader2704
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1511870
Author's ERC-20 Wallet: 0xeF57b2F7b8817453C7a8c66fe1082dF6124bC278
Reference
Website: https://orionix.io/
Whitepaper: https://orionix.io/Orionix_ENG_Whitepaper.pdf
Facebook: https://www.facebook.com/OrionixToken
Twitter: https://twitter.com/orionixtoken
Medium: https://medium.com/orionix
Youtube: https://www.youtube.com/channel/UCkkwaCntAOGJWqiDoXczRfQ
Reddit: https://www.reddit.com/user/OrionixOfficial
Discord: https://discordapp.com/invite/tm6nwD5l
Telegram: https://t.me/OrionixOfficial