According to information provided by Newzoo Global Games Market Report 2017, there are 2.2 billion online gamers scattered throughout the World. Among them, 47% (forty seven percent) game players are willing to spend their money in their game to enhance their gaming experiment. The gamers are able to contribute approximately USD $ 108.9 billion of gaming industry revenue in 2017.
It is undeniable that the millennial generation is the top contributor generation in the numbers shown above. From elementary school to college, almost everyone likes to play online games. There are some complaints, such as being apathetic generation and forgetting their real life, but for those who played their games in a serious way, they can generate money by participating in some e-sports competitions. In addition, by playing games, they can upgrade their ability on speaking in foreign language by having conversations with people around the world.
With the rapid development of technology, the game industry developers have seen new opportunities by utilizing cloud technology to improve service and convenience for its loyal players. Gaming industry will evolved for sure, from the common practice that require the high ability and capacity hardware to the modern decentralized server based to provide the processing hardware by cloud. The problems of gamers to the increasingly expensive hardware or console that provide high-end technology will be easily resolved.
Entertainment Industry Revolution - Online Game
The Revolution in the Game Industry will follow the revolution of video content, music and other services that have already using cloud technology such as youtube and spotify. For gamers, game services using cloud can reduce the cost of purchasing hardware up to 10 times. Surely this will be one of added value that is by utilizing the principle of sharing economy.
With the intention of GPU (Graphic Processor Unit) technology, internet and low-latency streaming, it is possible that the next generation of consoles will become the last generation of hardware that offers quality and capacity as its added value. When everything can be obtained simply by rent a GPU for a bargain price, the gamers needs are only limited to devices like monitors and joysticks or keyboards that connected to the internet.
Given this fact, it is certain that in the next few years the demand for cloud gaming will continue to increase. But behind all the ease, there are several challenges and obstacles to be resolved, namely the need for server providers and benefits that can be given to both sides, gamers and miners.
Playkey, The Answer
Playke is a company in the gaming industry that running its ICO (Initial Coin Offering) with the main mission to answer the above problems by utilizing a decentralized blockchain technology.
The Playkey mission will be described as follows:
- Allows gamers to play the games they want with just any hardware, taking advantage of existing technologies, products and business models that Playkey will provide.
- Creating the largest platform and game marketplace for hardware providers, gamers and other participants who will support the revolution in the gaming industry.
- Provides decentralized ecosystems that essentially connects between gamers and miners (server or hardware providers) based on blockchain technology. On the one hand miners will get the benefit of renting the server, while on the other hand the gamers can play any game dengna hire to miners on the platform.
Playkey will start its development by implementing a semi-centralized hybrid on-chain and off-chain transaction service that is measurable and its interaction will use PKT Token (Playkey cryptocurrency). First of all, Playkey will develop and manage a centralized off-chain ledger with APIs that will be provided to other digital service provider partners and any transactions that occur using the CCP will use the Ethereum blockchain platform.
By using hybrid technology (on-chain and off-chain), it is expected to reduce transaction costs among Playkey users and reduce the chances of stress from a network if transactions are occurring in very large quantities. Based on their experience, if only using pure on-chain architecture from Ethereum will be less than optimal because:
- Confirmation of transactions taking place in Ethereum takes a relatively long time, this may cause the Playkey service to be rendered less responsive.
- Blockchain Etherum requires a fee or gas limit for each transaction and must be paid using crypto currency named Ether, this can be a barrier for new users of this technology.
Benefits For Users
By using Playkey technology, gamers will benefit as follows:
- Can play any game even the high resolution game (AAA titles);
- Can play games with high image quality and service levels;
- Can play games anywhere;
- Can play games using any hardware (Mac, Tablets, Smart TV, etc);
- Can experience game play with "plug and play" feature, no need to download or buy cassette first.
- The cost of services is relatively cheaper compared to buying an increasingly expensive console gaming /
In addition to gamers, Playkey also can provide benefits to the miners as follows:
- Can acquire 2-3 times more efficient than doing mining for altcoin.
- Better stability compared to altcoin mining.
- The risk is lower than that of altcoin mining which sometimes has no intrinsic value in it.
- Alternative choice for those professionals who already have the GPU but can not optimize its function due to the increasingly tight competition in the cryptocurrency mining market.
ICO Playkey
Playkey plans to perform ICO by issuing a PKT volume of 100,000,000 tokens to achieve the following objectives:
- Integrate blockchain technology with Playkey game services;
- Develop a decentralized, efficient, safe and fast P2P game streaming solution, where miners will be able to provide hardware to gamers;
- Acquired 10 million active gamers located in the USA, EMEA and APAC region.
For more details, you can visit the Playkey website in the following links: https://playkey.io/en/?tokenSales=true and the whitepaper in the following link: https://cdn.playkey.net/img/playkeynet/ico/Whitepaper.pdf.
Let's support together the abundance era with new technologies for the new better world.
By: hyadumadha
Bitcoin profile: https://bitcointalk.org/index.php?action=profile;u=1082055