GameXCoin: Disrupting The Current Gaming Industry With The Aid Of B...

Decentralization and use of smart contracts are some of the features or attributes of blockchain technology. While decentralization makes it possible for users to transact on a peer-to-peer system, smart contracts tend to uphold the agreement reached by transacting parties, thus ensuring trust, transparency and reliability. With these, users of blockchain systems can carry out transactions efficiently at a low cost without geolocation restrictions.
Furthermore, owing to the nature of blockchain technology, it has succeeded in transforming or rather revolutionizing systems it is implemented on, thus the reason why a team of brilliant minds aims to bring blockchain technology into the gaming sector in a more unique way; the result thereof is GameXCoin (GXC).

The big question is, what prompted these brilliant minds into bringing blockchain to gaming Industry? First is the potentials associated with the gaming Industry while the Second is solving the problems limiting its true growth.

The first;
In the world today, video games have reached mass or global adoption as it tends to be played by all sexual orientation regardless of age, which can be effectively be played in cell phones or smartphones PCs and so on.
Further study shows that in this present period individuals invest adequate energy playing games in this way it very well may be said that the current gaming Industry is developing.

The second;
The first issues in the current gaming industry needing urgent attention is the high commission fee charged, how? Game platform, for example, Google Playstore, App Store and so on charges as high as 30% of game developers deal as commission expense.
While the second is the real-world value of In-game assets, how? Some in-game assets have a money value as per their demand and supply. Despite the fact that it is viewed as an entertainment value, it will in general lower the obstruction of players leaving or entering the game. This is because their time and money value can be protected. Likewise, Intermediaries, for example, Gameflip additionally charges players high commission as an exchange fee. What's more? there is likewise information breaches as the entire system depends on a centralized network. Also, the increasing expenses of game improvement and advertising are additionally found in the current gaming industry.

GXC: THE WAY OUT

GXC is a blockchain-based platform created by a group of specialists uniquely for games. The sole motivation behind the making of GXC platform is to bring game designers or developers and players together with the goal that they can exchange values, ideas, coincide and take an interest in building a superior and more grounded gaming industry. The exchange of value associated with the GXC platform is done with GXC coins.

To enhance the current gaming industry, GXC aims to solve the problems limiting its growth by solving issues associated with players and game developers separately.

GXC believes that when players participate in the improvement of the GXC ecosystem, they will practice right of responsibility for in-game resources or assets.
GXC Players will have the capacity to collect wealth and conceding in-game resources a value. In addition, they will be able to trade with one another on a shared premise through a decentralized exchange (DEX).

In the same way, GXC believes that by empowering game developers they will be able to assemble mechanics of their games in the manner in which they want. GXC can be utilized by game developers for marketing, compensating players, in-game resources exchange and payment gateway.
Furthermore, GXC game developers will have the capacity to secure new players, increase player commitment, use GXC as a distribution platform, get their due benefit as distribution is done on a P2P premise etc.

Unique Attributes (GXC Ecosystem)
GXC ecosystem makes it possible for game assets to be tokenized and exchanged between players of games.
The GXC ecosystem has three members which are appropriately boosted to augment their very own advantages in the meantime contributing to the development of the GXC ecosystem.
These members are dGames, Players and Block producers.

CONCLUSION

The token of the platform is known as GXC, which has an aggregate supply of 1,000,000,000.
GXC is an extraordinary blockchain platform with the aim of transforming the current gaming industry. GXC aims to create their own blockchain which will make the production of dGames application conceivable and host of other possibilities.
Inside GXC platform is a Decentralized Exchange, A GXC wallet and dGame token standard.