BLMP: ADVANCING THE VIRTUAL GOODS AND INDUSTRY THROUGH BLOCKCHAIN

cryptoboss12 (40)in #goods • 6 years ago (edited)

Virtual goods are products that exist and are of importance in the digital world rather than in the physical world as they are responsible for some vital roles necessary in defining the way different trends of online platform works.

They have been associated to different online platform such as in video games, the purchase of some coins to unlock a particular feature that will boost speed, or access to get more books and so on. Research has also made it known that revenue from virtual goods is increasing steadily and current worth some billions of dollars and this is truly amazing.

There is however some major challenge faced in the use of virtual goods to boost their online communities such as the inability to create branded virtual goods by various digital platforms which occurs because these digital platforms such as mobile video games, social media network and messaging services work alone without inputs from brands, also licensing issues such as geographical limitations and funding for the license is another major setback for this industry.

From this, it is very obvious that the virtual goods industry has the capacity of expanding and even doubling the revenue that comes in yearly if these challenges can be effectively tackled and this is why BLMP was created with the empowerment of the blockchain technology to help brands and digital platforms come together on an ecosystem that is mutually beneficial, guarantees customer satisfaction and add more value to virtual goods industry.

T H E B L M P Platform

This stands for Blockchain Licensing Market Place which is an decentralized innovative ecosystem created with the purpose of improving the virtual goods industry through a Business to Business to Customer scheme backed by the blockchain technology and will be responsible for the effective management of all activities related to virtual goods with tracking through tokenization.

This platform operates by majorly providing an avenue that makes it possible for its users to be able to buy licensed virtual goods easily online. For this to happen the brands must first join the network where they are subsequently given permission to gain entry into digital ecosystems where they can have necessary tools needed to stay on top of their game. With the use of the BLMP platform which leverages the blockchain technology, brands are able to get intense exposure such as efficient tracking right from the conception of the idea used for the brand, the product creation, ownership and to the sales of that product which were earlier perceived as impossible.

BLMP platform also creates an opportunity for digital platforms like social media networks, video games etc. to get access to these licensed products while simultaneously allowing them to have control over them and also provide for these digital platforms contracts that they are short term and beneficial and the ability to generate income from distinct content.
This platform is made fully functional with the use of the EPIK tokens through which the users can acquire, share and sell different branded virtual products that they find on various digital platforms such as video games, messaging networks and the social media networks. The EPIK wallet makes it possible for users to buy, sell and store EPIK tokens.

Why everyone should utilize the BLMP platform

This platform makes quality virtual goods from different brands and digital platform available to users easily without hassle
This platform ensures top class security to both customers and brand owners through the use of blockchain technology in other to prevent leakage or hacking of data which can result in heavy loss of funds.
Because assets and virtual goods are tokenized, brand owners and customers do not have to worry as their products can be effectively monitored by them thereby giving them peace of mind.

BLMP intends to be a major ground breaker in the virtual economy by creating a link whereby brands can come together with digital platforms and earn more for both of them while simultaneously satisfying the needs of their customers.

Token information
The token of this platform is denoted as EPIK Token which is built according to the Ethereum blockchain specifications and can be used by users of this platform to track the licensed virtual product they buy continuously and also earned as rewards to access more features.