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Ethereum Game: Looking ahead to changes in the game industry on the block chain

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Ethereum Game: Looking ahead to changes in the game industry on the block chain

January 14
19:03 2019

The concept of block chains is extremely hot. Like a miracle created, it can be seen that business opportunities have begun to ponder the application scenario, most teams are still solving technical problems, and many projects are still in the “paper talk” stage. Only a few elite teams have started to incubate real block chain projects! So far, what scenes have landed?

Ethereum Game: Looking ahead to changes in the game industry on the block chain

At present, the most explosive scene is “game”.

Relying on the technological advantages of block chains to create new play methods, it is very likely to reshape the game industry and break the monopoly of giants. And the future may not be particularly distant.

Ethereum Game: Looking ahead to changes in the game industry on the block chain

Decentralized games

At present, there are more than 2.2 billion gamers in the world, and the total market value of the game industry has reached 108.9 billion US dollars, with an annual growth rate of 7.8%, and its market value will increase to 128.5 billion US dollars by 2020.

Ethereum Game: Looking ahead to changes in the game industry on the block chain

However, for players, there is a huge pain point in the game industry: centralization makes it difficult to protect the interests of players.

1. Serious centralization, online game supervision and security can not be guaranteed. 2. The problem of asset trading is a persistent disease that has been criticized under the current technological conditions.

One end is a game manufacturer like God, the other end is a low-level player who pays silently but whose rights and interests are hard to guarantee.

“Many gamers have no idea whether I am playing the game or the game is playing me.” This has become a famous phrase in the game circle. Industry pain points need to be solved urgently!!

For example, Ethereum Game achieves decentralization of the game industry through block chains. There are also electronic wallets and circulating tokens developed on the basis of the technologies developed by the bottom technology of Taifang block chain, consensus mechanism with multiple trading entities, distributed data storage, point-to-point transmission and encryption algorithm. Because the block chain can not be tampered with and decentralized, it can solve the hidden dangers and unfairness of capital security in any scenario. Through game experience platform, game social system and game payment system, more effective supervision of the game industry can be achieved, and important steps such as game accounts, funds and transactions can also be fully guaranteed.

Interestingly, the Games involved are completely de-centralized. Game data is recorded on distributed systems, and game developers can’t modify it at all. At the same time, they can’t charge any fees for trading or community activities. So what do they make money on?

As more and more players participate in the game, the token in the hands of all players will become more and more valuable. In platform games, the identity of developers and players is blurred, everyone is equal, everyone has only one common goal: that is to work together to make the community cake bigger, so that all players in the hands of token value-added. Players involved in the game are also very magical and natural to become “shareholders” of the game, with the growth of the game and harvest value, harvest money.

Ethereum Game: Looking ahead to changes in the game industry on the block chain

Imagine the changes in the game industry

What will happen to the game industry if all future game architectures are based on block chain technology? First of all, players’experience in all aspects of the game will be greatly improved. Once the rules of the game are formulated, the game developer can not be arbitrary – all members will become a community of interests.

On the other hand, it will completely change another stubborn problem of the game industry: monopoly. At present, it is very difficult for a high-quality game to get into the public view. After the game is completed, it needs to pay a huge channel fee to let the game be seen by users, and each channel is controlled by traffic giants. Every channel divides the big part of game revenue. Under the background of traffic being king and monopoly by giants, how many game developers suffer terribly for this, frequently encounter setbacks, and talent is also hidden, which is the tragedy of centralized games.

If the future game starts to build models like Ethereum game platform, the monopoly of international game channel will be broken. The new concept, new game game will subvert the whole game industry, just like WeChat’s traditional telecom giant, just like Alipay for banks. Because the participants of the game have become “shareholders” in the game themselves. If they want to make their token value-added, they will spare no effort to promote it and contribute to it. Business sayings: If 10,000 or more people come to believe and worry about the company, it will not be long before the company becomes a giant. Like social fission, as long as the game products are good enough, the number of people involved will grow geometrically. How many people will be looking forward to such a wonderful game world.

Block chains and games can be said to be very compatible areas. On the one hand, the core technologies of block chain, such as distributed account book, intelligent contract and consensus mechanism, have very strong application prospects in games. On the other hand, what’s the difference between Block Chain Game and the current mainstream game? That’s what it allows you to really control the “property rights” of virtual assets. ETG will reshape the traditional game industry with new ideas and standards.

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Company Name: Change Finance
Contact Person: Hannah Kathryn
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Country: Singapore
Website: http://www.ETGcoin.com

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