PlayGame - The first decentralized Crypto Arcade Playground to use blockchain technology

unoone (7)in #playgame • 6 years ago (edited)

Introduction

Today, the gaming industry continues to exceed expectations rapidly, according to mobile game research firm Newzoo, the global gaming market is expected to reach $ 125.4 billion in 2018, driven by mobile games on smart devices (Newzoo, 2017). 46% of revenue is expected to be generated by games on tablets and smartphones.

This amount is an increase of $ 9.4 billion or 8.1% from 2017, which is reported to reach $ 116.0 billion and is being consistently CAGR (Compound Annual Growth Rate) of 8.2% from 2016-2020. Based on this growth, revenues are expected to reach $ 143.5 billion by 2020 with a significant increase in mobile gaming contributions of up to 51% or $ 72.3 billion.

But there are areas that need improvement that has hurt game developers. The number of mobile games has increased from 16 thousand to 3.5 million from 2009 to 2017.

This creates problems for game developers because they cannot keep their fans. Also, game developers face problems with increased CPI (Cost-Per-Installation) and F2P (Free-to-Play) Games competitions from large/established game studios that have greater capital and wider connections.

Game developers also need to pay high commissions to platform providers that do not allow them to get maximum benefits. Therefore, PlayGame is present to overcome all the problems faced by game developers.

What is PlayGame?

PlayGame is the first decentralized Crypto Arcade Playground to use blockchain technology to offer simple world class solutions for game developers to fund their projects. PlayGame is a blockchain platform that develops a decentralized place for game developers.

PlayGame provides solutions for indie game developers with the help of blockchain technology. The PlayGame platform has an integrated cryptocurrency so that indie game developers can easily fund their games and provide these games for crypto fans.

With PlayGame, game developers will be able to easily fund their projects on this platform. This platform also provides technical features such as smart contracts, expertise from the management team, etc.

In addition, with PlayGame, crypto fans can play games with the help of tokens and in turn can get more tokens when they win. The solution provided by this project will solve the problems faced by indie game developers.

PlayGame mission

PlayGame's mission is to help gamers, game developers, entrepreneurs, investors, advertisers, and other crypto enthusiastic people who think of the future converting their game ideas into a fully functional game that can be enjoyed by millions of people regardless of location, origin, gaming device them or socioeconomic status.

PlayGame Ecosystem

Direct-to-play HTML5 game platform:
PlayGame.com was created to simplify marketing and distribution. A live game platform for the play where players can play HTML5 games directly from desktops, mobile browsers, or even embedded on their own applications. No need to download the application.

FunFund Initiative:
Playgame will also launch a crypto-powered crowdfunding platform called the FunFund Initiative. The FunFund initiative can help game developers enter the large cryptocurrency holder market, you get access to people who already have digital money and are willing to spend it on things they like.

Blockchain-Powered PlayGame ecosystem:
Blockchain will act as a multi-game database, securely storing all leaderboard and PXG scores. With PXG tokens, PlayGame aims to create a digital decentralized arcade playground for Crypt holders and traders, while helping game developers and publishers to build their games without worrying about CPI costs, building expensive teams, and maintaining F2P gameplay.

Blockchain technology allows gamers to find, fund, play, and win tokens from games they like, and for game developers to build them.

Benefits of PlayGame

Benefits for game publishers / developers

Open source SDK, easy to use with integrated wallet
Monetize directly to users, no gatekeeper fees and profit sharings *
Empowering games to use cryptocurrency in their game economy
No worries on fraud, chargebacks and other payment gateway problems as everything is built on top of blockchain technology
Full access to our crowdfunding platform (FunFund Initiative)

Benefits for gamers

Get rewarded with tokens while playing games
Full control of ownership of any virtual goods
Buy in-game purchase with PXG Token
Double your tokens by entering tournaments and staking your tokens
Trade PXG tokens in supported exchanges are globally

PlayGame Token (PXG)

PlayGame Token is an ERC20 cryptocurrency token with an intelligent contract platform that allows game publishers, developers, and communities to monetize directly from the cryptocurrency crowd around the world.

PlayGame Tokens (PXG) will utilize the Ethereum blockchain, the industry standard for issuing custom digital assets and smart contracts. Like ERC-20 tokens, PXG will be compatible with the existing Ethereum infrastructure, such as development tools, wallets, and exchanges.

The Ethereum Virtual Machine (EVM) allows the application and execution of intelligent contracts, which allows complicated rules for crypto currencies and the automation of incentive structures.

Token sale

Token name: PXG
Total Supply: 1 Billion PXG
Pre-Sale: 10th to 24th September 2018
Crowd Sale: 24th September to 24th October 2018
Price: 1 ETH = 18,000 PXG (Pre-Sale) & 1 ETH = 15,000 PXG (Crowd Sale)
Soft Cap: 200 Million PXG
Hard Cap: 600 Million PXG
Bonus: Participants using TEN will get additional 10% PXG tokens

Token Distribution & Use of Funds

Roadmap

Team

The PlayGame team is a leading Indonesian startup industry veteran. They are very experienced and have successfully implemented various business strategies. Also, they are supported and have long-term relationships with leading Venture Capital companies.