The video game industry has seen exponential growth over the last few years. However, it is being held back by a number of factors. One of them is that the video game market is highly fragmented. Video games can be divided into PC, mobile and online games, or big titles and indie games, all with their own unique problems. Their audiences are similarly very diverse and often poorly understood. This complexity is especially difficult for smaller companies to deal with, particularly given the expenses involved.
https://tedchain.network/
TedLab is a mobile game company that proposes a groundbreaking new blockchain platform called Tedchain. This Tedchain would host both TedLab and third-party PC, mobile and online games and tie them together with a token economy in which players will be rewarded with tokens and use them to purchase and exchange tokenised game assets.
Tedchain will run on a high-speed peer-to-peer mesh network that would tie its main blockchain together with off-chain services. The central hub of the platform will be the Ted Decentralised Play Store, which can be accessed through an app or the tedmorning.com website. Both TedLab and third-party developer games will be available for purchase there. Some games would be freemium (free to acquire but with in-game purchases). Developers using Tedchain will be able to easily tokenise assets such as inventory item, achievements or exclusives. The Ted Marketplace, available through the same app, will allow developers to sell those assets to players or players to trade those assets among themselves.
All transactions on the site will be done using TED Coins. While initial coins will be mined with proof-of-work over the first few weeks, after that the currency will switch to an original proof-of-stake algorithm with minting rewards based both on amount of coins held and on how old those coins are. TED Coins could be purchased on the platform with fiat currencies. They could also be freely exchanged for external TED Tokens, and vice versa. Tedchain will support a TED Coin wallet tied to a unique identity created seamlessly with the first purchase.
TedLab will give developers many tools with which to use the platform. In addition to tokenising assets, it will allow them to easily set up their own blockchains connected to the Tedchain and use them to organise their own community websites, loyalty programs, game stores, tournaments and other activities with the help of smart contracts. Modules like TED Ad Platforms and TED Incubator will let them market and develop and test their games with the help of the community, respectively. Developers could also benefit from the platform's big data analytics. Tedchain will also offer many new options to players, such as cryptographically secured communications, AI-assisted matchmaking and cloud gaming on its dedicated portal. Users will be able to interact with each other in its Gaming Hub forum and access all their games through one dashboard.
Compared to other blockchain gaming projects, Tedchain is distinguished by its scope and flexibility. Its technical design is such that its technology, which is completely open source and extensively documented on the site, can be turned to many different uses by developers. They, in turn, can give users a variety of ways in which to interact with them to their mutual benefit. This flexibility is also reinforced by TedLab's adaptive development strategy, tied to the success of its ICO. Its social focus and the early user advantage built into the TED Coin proof-of-stake algorithm should make it very appealing to players.
TedLab has had some meaningful experience with both game development and the use of blockchain technology. It has a keen understanding of the field and its problems. Much of TedLab's offering already exists in demo or beta versions and it already has a loyal userbase. The fact that TedLab's own games are going to be on the platform should not only give it an early boost but also add credibility to their proposal. The company's geographic strategy involved a focus on emerging digital markets in South and South-East Asia and Latin America, where it hopes to gain the support of many small local companies.
https://tedchain.network/
Despite its problems, the game industry has shown itself to be remarkably resilient. As the number of players and developers in all of its branches continues to grow, its continued success seems relatively assured. At the same time, a comprehensive infrastructure like that offered by Tedchain could be extremely useful to the industry, or at least to its casual gaming component. It could help both market and develop games and ensure a much more lasting engagement of their target audience.
Tedchain's expectations of hundreds of partner developers and hundreds of millions of players may look overoptimistic now. However, its existing platform has already turned out to be very successful and popular, and its estimations of the market size and regional demand seem largely accurate. While its technology is definitely on the complicated side, Ted Lab promises to make it as accessible as possible to developers and users alike. If it makes good on this promise and finds enough partners willing to make proper use of its options, then Tedchain may be able to ride the massive casual gaming wave to a lasting success.
Website: https://tedchain.network/
WhitePaper: https://clck.ru/EEVkT
Telegram: https://t.me/tedmorning
Facebook: https://facebook.com/tedmorning.daybreak
Twitter: https://twitter.com/tedmorning
Medium: https://medium.com/tedchain-network
ANN: https://bitcointalk.org/index.php?topic=4471369
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.
