PLAYGAME-Moving the game economy to blockchain

ardibimbim (9)in #bitcoin • 6 years ago

Greetings Success For You All In The Community Steemit ...

Back with me Ardibimbim,this time I invite you to review PLAYGAME the exciting project that will lead you to the next success.

PlayGame is a company that aims to support the economy, especially in the field of games through blockchain technology. PlayGame releases tokens with PXG tickers and is a utility token. PXG has several uses for several parties, including game developers and gamers themselves.

For gamers, PXG can be used to buy various products in the game, rewards in the form of PXG tokens prizes in various tournaments held by individuals or game developers themselves and lastly trading on various cryptocurrency exchanges.

For game developers, PlayGame has an open source software development kit (SDK), uses the PlayGame platform to accept payments from gamers without paying fees to third parties (payment gateway payment service providers) and coin developers can use the PlayGame platform to crowdfunding. In addition, game developers also need not fear there are problems in the payment gateway because using blockchain technology all transactions will be safe and transparent.

Moving the game economy to blockchain

Making the game difficult, especially to get a profit. What if everyone can buy your virtual goods and create competition with prize money on cryptocurrency? The most interesting thing is, you can get 100% of income.

Playgame is here to make that happen for all game developers.

What is PlayGame Token (PXG)

PlayGame Token is an ERC20 cryptocurrency token with a smart contract platform that allows game publishers, developers and the gaming community to connect directly to large cryptocurrency markets around the world.

Our SDK allows publishers or game developers to implement an economic token system for their games. Allows games to have features such as giving gifts to loyal users, pool-prize implementation for competition games, tournament systems and much more.

ECOSYSTEM

We believe in building ecosystems. Therefore we will focus on 2 major pillars in the game ecosystem: Ease of distribution of games to the market and raising funds for the development of your game.

Playgame.com

Direct-to-play HTML5 gaming platform

To facilitate marketing and distribution, we created Playgame.com, a gaming platform where anyone can play games directly from a computer, mobile phone, or even directly on your favorite applications. No need to download the application at all.

In addition we will also launch a crypto-powered fund platform called FunFund Initiative.

FunFund Initiative

Cryptocurrency-powered funding platform

In the Kickstarter era, you can make your fans become your next game investor. FunFund Initiative can help you with that. By entering the large cryptocurrency holder market, you can get access to people who already have digital money and are willing to use it for things they like.

Allow them to support you financially, and give your fans the virtual gifts they want.

BENEFITS

We are committed to creating a healthy, inclusive and transparent game ecosystem that is useful for game developers and publishers, and also the players themselves.

Benefits for publishers and game developers:

SDK is open-source and easy to use with an integrated wallet
Monetize directly to users, with a much cheaper platform fee of 5%, not 30%.
Empowering games to use cryptocurrency in the game economy
No need to worry about fraud, chargebacks, and other problems in payment gateways because everything is built on blockchain technology
Full access to our funding platform (FunFund Initiative)

Benefits for gamers:

Get gift tokens when playing games
Have complete control over ownership of virtual goods
Purchase virtual items with PXG tokens
Duplicate your tokens by following tournaments and risking your tokens
Exchange PXG tokens on the global cryptocurrency exchange

Token Sale

PXG has a total supply of 1 billion tokens (1,000,000,000 PXG) with details of the token metric as follows:

600 Million tokens will be sold at the ICO stage
100 Million tokens for advisors and airdrop programs, bounties, and other affiliates
200 Million tokens for the team and will be locked for at least 2 years
100 Million tokens to maintain PlayGame platform network growth

PlayGame has a soft cap at 150 million tokens and hard caps at 600 million tokens. A soft cap is a minimum number of sales of tokens so the project can run.Minimum purchase for token sales is 100 ETH (around 700 million rupiahs) on the private sale, 10 ETH (around 70 million rupiahs) on pre-sale, and 2 ETH (around 14 million rupiahs) on crowd sale). It is quite interesting because the minimum number is quite high in the crowd sale phase because ICO usually only has a minimum of 0.1 ETH in that phase.

Conclusion
PlayGame has a pretty good business idea and the use of tokens is quite solid. The team they prepared also didn't play games. However, there are several things that must be a concern and consideration in making a decision to buy this token or not, including:

We must see how PlayGame introduces their project to the wider community which includes many elements, such as the gamer community, game developers, crypto world investors in various countries. Currently, PlayGame has been a roadshow to China, Japan, and Korea. There hasn't been a PlayGame movement to approach the cryptocurrency community in Indonesia like what Vexanium has done. The community is a big asset and the success of Vexanium in the ICO process until now comes from a strong community besides good teamwork.
The use of 10% of metric tokens is less clear, namely maintaining the PlayGame platform economy. This must be reconfirmed with PlayGame.
PlayGame has 2 supporting venture capitals namely Ideasource and Digital Nusantara Capital.
The price of tokens is quite expensive, which is 2 times the price of Vexanium (around 800-900 rupiah) with the same total supply (1 billion tokens)
PlayGame has a good chance if you can work with big game developers, namely Tencent, Sony, Supercell, Niantic, Netmarble, Rovio, etc.
PlayGame also has a good opportunity by following the footsteps of Vexanium which collaborates with the ICD (Indonesian Cryptocurrency Discussion) community to introduce its project in Indonesia while escorting the entire crowdfunding process to operational strategies and future marketing.

Rating
I give an 8/10 rating and with recommended status for longterm (long-term) with consideration, it is not easy to influence various gamers and game developers to move from the existing system to blockchain technology. An adaptation process that takes time but with a pretty brilliant idea.

All the important information about PLAYGAME can be found here: