Gone are the days when games can only be played on large screens by only the elite. Nowadays, gaming is mobile, and can be played by everyone, young or old, in any place and at any time. Today, the mobile game industry is a very profitable one in terms of revenue. The mobile game industry is the strongest and fastest growing segment of the entire entertainment industry due to the many users that play the lot of new games coming into the scene daily in form of apps, the millions of daily transactions that relate to in-game purchases, advertising, tournament participation by gamers, and mobile game promotions. However, the centralization and rules that app stores have formed for mobile games creates a high entry threshold for mobile game market developers, as well as non-transparency in income distribution, among others. In the mobile game ecosystem, there ought to be a reduced entry threshold to the mobile game market for mobile game developers, an ease in the formation of local and specialized app stores, lower commission fees for players, and transparency in income distribution. But, all these cannot be achieved in a centralized economy. This is what BGX decentralized solution proffers to the mobile game ecosystem.
BGX, in its solution, offers game developers, local and niche application stores, sponsors and players integrated ecosystem support where profit distribution is managed in a transparent and decentralized way. With the BGX solution, mobile game participants do not need to monopolize access to information.
The following are functions of the BGX platform:
• Independent processing of fiat and crypto transaction, including support for overdraft
• Distribution system for gaming applications on Android and iOS
• Virtual player payment wallet
• Subsystem for token emission by developers
• Powerful engine of artificial intelligence that controls the ongoing transactions and scoring of the players
• Support for common monetization models
BGX wants to integrate cryptocurrency, its BGX Token, with mobile gaming so as to solve tasks like allowing members of the mobile game ecosystem to access the platform services, to exchange various game tokens among themselves, and also to become a member of a powerful gaming community. This transition that BGX brings to the gaming industry will open up new horizons for business development and other benefits.
BGX ADVANTAGES FOR DEVELOPERS AND PARTNERS
• Game promotion on the crypto platform and independent store / stores
• Reliability and security of payment mechanisms provided by the combination of blockchain and A.I.
• Support of tournament functions (for competitive games)
• Built-in relevant advertising
• Developers release their own tokens
• Ability to connect their games to the core features of the crypto economy, including payment by cryptocurrency
• Low commission when purchasing through BGX payment mechanisms (no more than 10%)
BGX ADVANTAGES FOR GAMERS
• Ability to exchange BGT Coins for perspective BGX tokens and to take out their earnings in cryptocurrency
• Ability to output BGT Coins into fiat tools
• A virtual wallet representing a player’s account and a loyalty platform
• Transaction protection and referral system supported by AI.
• The ability to buy game tokens for both fiat and for cryptocurrency
• Support for the overdraft function
• Ability to use low-volatile BGT Coins to pay for game functionality
Note that, the BGX Platform takes a 10% commission on every transaction barring ads. The BGX Platform also takes 20% commission on internal ads and 40% on external ads, and these commissions are shared among holders of the BGX token, BGX developers, and Nodes. I urge you to read the BGX whitepaper via https://bgx.ai/documents/BGX_White_Paper_1.0.pdf to find more details on its solution.
BGX TOKENS AND DETAILS OF ITS SALE
The BGX platform will have a two-token system which will help curb issues of volatility in the BGX economy. The first token (BGX token), launched during the Token Generation Event (TGE), will enable the right to participate in the BGX platform. Holders of the BGX token are entered into a Loyalty Club where they can share revenue in the revenue sharing program (60% of revenue generated on the BGX platform is distributed among holders of the BGX token according to the number of tokens they hold). This BGX token can be exchanged on the BGX platform to the second BGT Coin at any time of choice. The BGT Coin is a utility coin exchanged on the BGX platform as a payment method. Being a white label token, the BGT Coin can be used on its own or as a different name by the game or app market developers to use as currency for app or in-app purchases, hosting of tournaments or other game incentives where players can earn from the time they spend playing. The following table clearly shows the differences between the BGX Token and the BGT Coin:
Here are details of the token sale event:
TOKEN DISTRIBUTION
50% - Crowdsale
25% - Development & Incentive reserve
20% - Founders, Advisors, Team
5% - Bounty
USE OF TOKEN SALE PROCEEDS
50% - Development
15% - Strategy & Operation
20% - Legal
15% - Marketing
ROADMAP
Pre-2017 - Development of Xelopes Core and processing platform
• Building distinct technological module sand testing the mincommercial projects
July, 2017 - Product concept
• Forming an overall vision of the product, marketing studies, team formation
October, 2017 - Creation of the architecture and prototype
• Creating an abstract architecture and making the main technological decisions, building a model for neural network learning
April, 2018 - Creation of the MVP
• Forming the product prototype to provide the user with the main functions, developing specifications, confirming the product’s features
May, 2018 - Token Generation Event
• BGX token crowdsale
September, 2018 - Single-Node Alpha version User Wallet
• Forming the first version of a processing node with the possibilities of buying and selling BGX tokens and developing the main modules. Placing the user wallet as an independent app on the main app markets
December, 2018 - Multi-node Alpha Version
• Forming a multi-node system with the ability to conduct decentralized processing and facilitating data exchange
April, 2019 - Beta version with AI module
• Integration of external blockchain solutions, inclusion of AI functions in monitoring transactions, providing functions for app dissemination
September, 2019 - Including external nodes into file exchange
• Forming automated data exchange with external systems, signing up external app markets
March, 2020 - Automated token launch for game applications
• Expanding partnerships with development organizations, forming a full SDK, including the module for sub-token emissions
July, 2020 - Unfolding of independent nodes
• Unfolding the number of nodes and forming a stable BGX ecosystem
TEAM
Costa Zakharov - Co-founder, Operational Director
Igor Mishenev - Co-founder, Business Development Director
Valery Khvatov - Co-founder, Technology Director
Alla Wieliczker - Product Development
Thanh Nguyen - Mobile Development Leader
Phong Nguyen - Delivery Director
Alex Khvatov - Crypto-Finance Officer
Toan Trieu - Product Manager
Nick Zakharov - Brand Manager
Dimitry Yakimchuk - Web-development Leader
ADVISORS
Roberto Medrano - ICO Advisor. CEO Beach View, FormerGM HP Software, CEO Polivec, President Finjan, Advisor, EVP Akana, Board Member, Sun Microsyste
Forest Barbieri - Business Advisor. International Investor and entrepreneur
Alexander Bogdanov - Scientific Advisor. D.Sc., Professor of Department of Computer Modelling and Multiprocessor Systems
Ben Woods - Cybersecurity & Data Protection Advisor, CISSP, CCSP, GDPR-P, Microsoft Security Professional, Cisco Security Professional, and five-year President of the international ‘Crypto Community’
Roman Trouchine - Fintech Advisor. Microtransactions and Overdraft development
The benefits that BGX brings to the gaming world cannot be overstated. The monopoly in the mobile game industry will be oligopolized, thus creating a better system overall. I, therefore, urge everyone to be a part of the token sale event so as to share in the numerous benefits that BGX offers.
Should you require more details about this project, please feel free to view the website or read the whitepaper via the links provided below. You can also connect with other unique token sale participants or get the latest developments via any of the social media handles:
Website: https://bgx.ai/
Whitepaper: https://bgx.ai/documents/BGX_White_Paper_1.0.pdf
ANN thread: https://bitcointalk.org/index.php?topic=2671591
Facebook: https://www.facebook.com/BGXWorld/
Twitter: https://twitter.com/BGXGlobal
Telegram: https://t.me/bgx_group
Published by: charleyles
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1344011
Ethereum wallet address: 0x69C516900e939e97C7c60Ca59bdaF15295556838
