INTRODUCTION
In 1989 when internet went mainstream, computer gaming attracted wide patronage, with the growth of information technology today gaming has encountered enormous changes in the most recent decade and made its way into mobile devices. Modern technologies has provided new opportunities for game developers to utilize virtual reality and augmented reality in gaming design. Ranging from indie developers to large corporations, all aim to monetize the game industry. Consequently the gaming industry has made quantum leap in revenue valued at $116Billion in 2017,the industry is projected to grow by 8.3% annually. In the past, games were packaged and sold separately with consoles, a gaming digital device that outputs the visual image of the game on to a larger screen, so that two or more people can enjoy, but nowadays, it is possible to be a gamer no matter the size of your pocket. Furthermore, game studios are creating newer game versions tailored towards mobile and tablet devices ,to allow more people enjoy gaming on the go.
EON DIGITAL DISTRIBUTION SOLUTION
Despite the huge global annual revenue of the game industry, certain limitations continue to plague the industry. A major factor driving all enterprises is profit margin, game developers are the worst hit in the industry, developers spend about 50% of their revenue on distribution platforms to promote their products. Distribution platforms are marketing platforms that connects the player to the game. Commonly used digital distribution platforms includes google, apple, steam, online ads platforms like Facebook, Instagram, these constitute the middle man clog in the gaming chain.
The problems associated with distribution platforms are outlined below:
• Centralized platforms such as Google steam apple charge fees that cost higher than the average production cost/player.
• Game developers are compelled to comply with the standards required by the distribution platforms in designing their games.
• Delayed payments of monetized games and ROI to game developers.
• Lack of a transparent system to monitor actual ROI remittances by distribution platforms.
• Cross border payment of games in local currencies and exchange.
THE EON SOLUTION
EON studied the gaming industry and built a Platform to minimize these challenges. The platform is to further support and decentralize the distribution platform chain of the gaming industry, powered by the Blockchain technology and ERC 20 EOT token. The platform is designed for off chain/on chain model, it comprises of
•Game discovery system : this interface allows the player to discover new games on the platform and is incentivized with EON tokens.
•Developer system: The developer can securely upload his game on the platform at zero cost and maximize his profit using the EOT tokens.
•Game community referral system : this is the social interface where game players interact and share new games with one another, at the same time are incentivized.
•The game developer receive payments in EOT tokens or any crypto of his choice hoisted on the game app, this eliminates the cross border payment clog.
•The open ledger trust system of the Blockchain technology allows for the immutable transactions and payments to be viewed by all, this feature eliminates the incomplete ROI payments remitted to the developers.
The referral smart contracts of developers and transaction history shall be stored on the Blockchain while other relevant data are remotely stored on centralized servers. A major competitive advantage the EON platform has in the market is the referral system feature, this allows for a fair share of the global gaming revenue.
Conclusively with digital distribution on the rise, many gaming companies surfing the wave and uploading their games on these traditional distribution platforms, to monetize itself with ads and in-game purchases can patronize and deploy the EON platform to maximize their profits and develop games that will sustain the interest of the potential player. The EOT token is a utility token and powers the economy of the EON Platform.
The ICO details are on https://icodrops.com/eon/
Team information and token details are available on the EON website.
IMPORTANT LINKS.
FOR MORE INFORMATION:
Website: http://%20http//eontoken.io/
Reddit: https://www.reddit.com/r/eontoken/
Whitepaper: https://docsend.com/view/yuhe5nc
Twitter: https://twitter.com/EonToken
Steemit: https://steemit.com/@eontoken
Telegram: https://t.me/eontoken3
Telegram Announcement: https://t.me/eontokenAnnouncement
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Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2100818
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