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LIX is a game project crowd-funding platform which will allow ideas those patens to become a reality efficiently. This project will not only provide a faster and more convenient micro-transaction game-currency but will also provide for a full gaming infrastructure and economy to be used by publishers which no longer will a billion dollar budget be required to produce games. The global gaming market will reach an increase, with an increasing share being made up of independent and hobbyist developer Players will be able to trade game assets in a decentralized market and through exchange wallets as the game items themselves will be linked to assets in the block chain
The gain market
Currently, these game assets are created in-game and then traded through a complex and very unreliable and ad hoc trading system which operate through forums and private chats. This stopgap system is prone to fraud and exploitation, but still is able to achieve an extremely brisk trade in currency, special items, and user accounts. However, the reality is that there is real money to be made in the creation, maintenance, and sale of game assets, and history has shown games that encourage user-made content have much longer shelf lives in this rapidly moving market. This would create an additional revenue stream for every type of content creator participating in the gaming industry. Operating on a Leased Proof-Of-Stake (LPOS) algorithm, the LIX network will be secured by a distributed network of nodes, as well as user wallets. Due to the unique nature of the network, it will be possible for game developers to issue tokens or assets that also operate on a Proof-of-Stake (POS) basis
Coin name: LIX Coin
Ticker: LIX
Supply: 100,000,000
Full Nodes: 10,000
THE PLATFORM
Block-chain time-stamps for proof of ownership work as a proof of existence and integrity of value. This feature is useful in situations ranging from preventing tampering of logs, validating digital signatures, authenticating art, and so on. There have been several attempts at time-stamping digital assets for certificates and other applications, but without a practical use case or wide adoption. Time-stamping game assets is a revolutionary idea. The digital in-game assets that gamers would own would exist as a commodity of value in the block-chain and not in the game environment. This allows for recording of trades between players of digital currency and the changing of proof of ownership of the assets from the date of transaction like any other game marketplace transaction. As long as the private key is held, the owner would have access to their own digital game properties like real ownership of land, game items, and in-game assets and platforms like LIX are developer friendly, allowing developers to integrate block-chain time stamps into a wide range of applications to be built on top of them. However, by storing and registering game assets within the block-chain, resources will exist in a finite and unalterable quantity on all nodes, making it impossible for a user to exploit the system. The current market situation for a developer is for their revenue stream to rely on third party payment gateways like Google Play Payments.
Token Distribution:
Game companies make games for a variety of reasons, but the two greatest of these have always been passion and income. Unfortunately, there are always negative elements in every industry and in the gaming industry, online pirates frequently copy and steal game assets in order to distribute them for
free online. To avoid this problem in the LIX ecosystem, the SDKs provided will include a new style of cryptographic DRM to protect in-game assets from piracy and to create more trust in the economy. The system will incorporate blockchain technologies to prevent piracy. The game merchandise market will sell gaming merchandise and accessories, including but not limited to: VR sets, gaming keyboards, computer mice etc. The market will accept and actively promote LIX coins. Additionally this will be a launching pad to the LIX game distribution network
ROADMAP:
TEAM:
For information visit the links;
Website: www.LixCoin.org
Whitepaper: https://lixcoin.org/whitepaper.pdf
Twitter: https://twitter.com/Elixir_Platform
Facebook: https://web.facebook.com/lixtoken
Telegram: https://t.me/lixcoin
Linkedin: https://www.linkedin.com/company/elixir-platform
Youtube: https://www.youtube.com/channel/UCBh5aa35zt0FJCH1HrRXYcg
Reddit: https://www.reddit.com
GitHub: https://github.com
Authored BY: Isoboye
BTC Profile Link: https://bitcointalk.org/index.php?action=profile;u=1380535
Ether Address: 0x26F6afA28DBB156497aD8c08949912040D87B00D
