Hello everyone here I will explain about Epic token that can be taken into consideration in observing the latest projects that have a unique and interesting concept, and for more details let's just go to the following discussion:
EPIK Tokens are utility tokens that facilitate the creation and sale of licensed virtual products on digital platforms such as video games, mobile games, virtual reality, augmented reality, social networking gifts, and branded emoticons.
To date, millions of gamers are part of the virtual goods economy, which markets about $ 15 billion. The digital age determines the rules. And today's brand integration, celebrities and intellectual property from the real world to digital play a huge role, as well as virtual property protection from fraud schemes and hacker attacks that can cause significant damage to the virtual properties of both consumers and content owners.
EPIK Binary Program for Bitcointalk
To this end, the BLMP global project (Blockchain Licensing Marketplace) was created, designed to create a broad network of collaboration between multinational brands and digital platforms.
BLMP developed the world's first B2B2C virtual marketplace, designed to certify and license virtual goods using a single EPP crypto currency. With the help of EPIK, it will be possible to buy, sell, and collect items on all participating digital platforms such as mobile games, video games, augmented reality, virtual reality, as well as gifts on social networks and instant messengers.
Using EPIK markers will enable consumers, brands and digital platforms to track every licensed virtual product purchased with full transparency, which is an undeniable advantage, as it builds trust between all parties involved. EPIK Token is based on Ethereum Request for Comment 721 (ERC 721) - an irreversible token standard (from English "non-fungible token", NFT further) for collection. This standard provides basic functions for tracking and transferring NFT ownership.
ERC 721 underlies the popular CryptoKitties game, where each kitten is unique and is in one copy. And users can buy and sell their pets, one of the most expensive, being a cat that is sold on December 7, 2018 for 253.33 ETH.
By using EPIK's internal wallet, users will be able to transact anything with their virtual items, and also redeem it with fiat funds. EPIK markers can be used to collect unique items in games and in applications. Buy EPIK elements with your EPIK marker and show them in your EPIK app.
How does the token work?
Using blockchain technology, brands will be able to sell their virtual goods through a digital platform that will act as a virtual goods retailer. Blockchain records all transactions, so brands, digital platforms and consumers can track the movement and history of purchased virtual goods. This ensures transparency and creates mutual trust between all parties involved in the transaction.
Once the brands and digital platforms have agreed to the terms of the transaction, the intellectual contract is executed to automate the manufacturing, tokenisasi, distribution, and transacting of these virtual goods among all parties.
Blockchain Licensing Market (BLMP)
In addition, EPIK markers manage blockchain Licensing Marketplace (BLMP) B2B. BLMP is a block chain that provides transaction processing and value-added services through efficiency, tracking, and security. The platform aims to connect the intellectual property licensing industry with a digital platform using cryptotext technology built in hardware to facilitate efficient production and exchange of liquidity in the digital ecosystem.
In addition, BLMP seeks to create a network of cooperation, in accordance with the short-term licenses made and applied to the block chain. This license will enable the digital platform to provide their users with a number of virtual goods for sale.
BLMP will also monitor the virtual goods supply chain since it is created, labeled, and licensed until it is delivered to the customer. It will also act as an intermediary between transactions between parties involved in the sale of virtual goods, ensuring that each party fulfills its obligations and receives compensation reliably, transparently and efficiently.
Benefits of EPIK Tokens
For
Consumer Tokens allow users to purchase licensed virtual products and obtain tokens through loyalty programs from both brands and digital platforms aimed at stimulating current customers and attracting new customers.
EPIK labels can be used in a variety of games and networks within the BLMP ecosystem. Tokens also allow marker owners to trade, sell, buy, or collect individual virtual goods or are released on a limited basis.
For the digital platform
Token will provide a digital platform with the ability to incorporate new content into their games, which will increase their revenue and visibility. He will also offer them the opportunity to attract new customers.
For brands
EPIK labels allow brands to generate additional revenue through new markets derived from existing IP addresses. Brands also do not have to pay a fee, because they only have to approve or refuse virtual goods offered and receive royalties as soon as the goods are sold.
ICO parameters
tokens: Epic
Token protocol: ERC20
cost sign: 200 000 000
Token fee: TBA
Date of sale token: August 1, 2018 TBA
accepted payment methods: ETH, BTC, BCH, LTC
Hard Cover: 38 000 ETH
EPIC TOKEN TEAM
Here are the reviews I present to you all in finding information and knowing the Epic Token project currently being run by their team, if there is any lack of explaining this article, do not worry, I have set up a link for you to get accurate information and of course You will be able to speak directly with their founder or team, at the following important link for the following References:
Website :https://www.epiktoken.io/
Whitepaper :https://www.epiktoken.io/assets/pdf/BLMP_whitepaper.pdf
Facebook :https://facebook.com/EpikToken
Twitter :https://twitter.com/epiktoken
Telegram :https://t.me/EpikToken
Medium :https://medium.com/@BLMPNetwork
Ann :https://bitcointalk.org/index.php?topic=4473798.msg40143678#msg40143678
The bitcointalk name :
mithungee1 https://bitcointalk.org/index.php?action=profile;u=2165161;sa=summary
