PLAYGAME – Power Your Game Economy With Blockchain

INTRODUCTION

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.

Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.

As more technological advancements are uncovered, PlayGame, the first decentralized Crypto Arcade Playground to use blockchain technology to offer simple world class solutions for game developers to fund their projects came on board.

ADVANTAGES OF BLOCKCHAIN IMPLEMENTATION

Decentralized Payment Processing

The payment processing framework for global commerce is based on a centralized system which requires the services of third-party authenticators. These third-party agents are responsible for ensuring the fidelity of the global payments system and they charge fees for their services. One of the fundamental philosophies behind the operation of the blockchain is the removal of these third-party agents and their associated cost of trust and replacing them with a robust, functioning distributed ledger payment framework.

Creating an Immutable System of Record

The blockchain is the first successful implementation of the distributed ledger framework. On public blockchains, the distributed ledger constitutes an immutable system of records that is available to all participants. The immutability of a blockchain ensures that it is tamper-proof.

Reducing Cost of Transaction

Payment processing remains the basic level of commerce but it is one that has not seen much in the way of evolution since the emergence of fintech protocols. Blockchain technology has the potential to disrupt commerce by causing a paradigm shift in the mechanism by which transactions are carried out. The fees charged by third-party actors and middlemen in the payment chain constitute a considerable portion of the cost of transactions. By eliminating the middlemen, the cost of transaction is materially diminished.

Enhanced Security

Operating on a multinational scale opens up any enterprise to the activities of hackers looking to breach the structural and functional integrity of the platform. Blockchain technology offers a robust security framework that makes it difficult for hackers to make an incursion into the platform. There is no central point of failure and hence no single point of entry for malicious digital attacks. This ensures the safety and security of the data collected by field agents and the payment processing network. that provides an accurate accounting for the entire platform.

ABOUT PLAYGAME

PlayGame is the first decentralized Crypto Arcade Playground to use blockchain technology to offer simple world class solutions for game developers to fund their projects. They will obtain, maintain and monetize their games for crypto fans, without having to worry about payment differences. PlayGame will overcome the rampant piracy problem and allow indie game developers to compete in the CPI (Cost Per-Install) war. Indie Studio will have the funds to recruit good talent for designing Free-to-Play games that have a long development timelines. These games will be able to compete with large game studios in this room where the conversion rate, ARPU (Average Revenue per User), ARPPU (Average Revenue Per Paying User) and ARPDAU (Average Revenue Per Daily Active User) decreases from a crowded game development scene.

PlayGame provides game developers with everything they need – technical solutions including smart contracts, easy to remember domain name marketing outreach – PlayGame.com, advisors, and management expertise driven by the PlayGame team consisting of 20 game industry experts. PlayGame gives game developers a tremendous opportunity to make games for Cryptoenthusiasts which is a growing market. Fun game where people pay tokens to play and compete to win more tokens from other crypto currencies. This solves the problem of obtaining, monetizing, and retaining users for indie game developers.

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Additionally, The number of mobile games has increased from 16 thousand to 3.5 million from the year 2009 till 2017. This creates problem to the game developers as they are not able to retain the players. Due to established studios present today, the indie games studios are facing problems with increasing CPI (Cost-Per-Installs) and competition F2P (Free-to-Play) Games. The game developers also need to pay high commissions to the platform providers which does not allow them to get the maximum profit.

The Mission

PlayGame’s mission is to help gamers, game developers, entrepreneurs, investors, advertisers, and other crypto enthusiasts who think of the future converting their game ideas into a fully functional game that can be enjoyed by millions of people regardless of location, origin, their game device or socioeconomic status. PlayGame has a roadmap, and a working products that will start operating in October 2018.

The Solution To The Impending Problem

PlayGame is providing solution to the indie game developers with the help of blockchain technology. The platform has integrated cryptocurrencies so that the indie game developers can easily fund their games and provide these games to the crypto enthusiasts. PXG token will be used on this platform. Payers need to pay PXG tokens to play games and participate in tournaments over this platform. The game developers also need to pay PXG tokens for getting their games listed on the platform. Gamers can support their favourite games to get listed by voting. Voting also require PXG tokens to be paid on the platform. Game developers can also reward tokens to their supporters.

The PlayGame Blockchain-Powered Ecosystem

The blockchain will act as a multi-game database, securely storing all leaderboard scores and PXG. With the PXG token, PlayGame aims to create a digital decentralized arcade playground for Crypto-holders and traders, while also helping game developers and publishers to build their games without worrying about CPI-cost, costly team building and maintenance of F2P gameplay. Blockchain technology makes it possible for gamers to find, fund, play and win tokens from the games they love, and for game developers to build them.

PlayGame for Developers

For developers, the traditional way brings a lot of challenges, lack of transparency, inefficient payment calculation and distribution, piracy issues and high commissions from platform providers. PlayGame.com provides game developers with an amazing chance to create games for Crypto – enthusiasts. Fun games where people pay tokens to play and compete to win more tokens of other cryptocurrencies. This solves the problem of acquiring, monetizing, and retaining users for indie game developers. It is also your initial decentralized Crypto Arcade Playground which utilizes blockchain technology to offer a simple world-class way for game developers to finance their awesome projects.

Also, the issues of transparency, inefficient payment calculation and distribution, piracy issues and high commissions from platform providers will be put to bed completely.

PlayGame for Gamers

Gamers will use their PXG to vote in a decentralized and transparent platform to get the work of their favorite game developer(s) listed on the platform. Gamers have an opportunity to increase the value of their PXG holdings by playing games.

The Ecosystem

Direct-to-play HTML5 gaming platform

To simplify marketing and distribution, we are creating playgame.com. A direct-to-play gaming platform where players can play HTML5 games directly from their desktop, mobile browser or even embedded on their own application. No application downloads required. Publishing your game to playgame.com is not mandatory.

We will also be launching a crypto-powered crowdfunding platform that we called the FunFund Initiative.

FunFund Initiative

Cryptocurrency-powered crowdfunding platform

In the age of Kickstarter, you should be able let your fans fund your next game. Our FunFund Initiative can help you with that. Tapping in to the huge market of cryptocurrency holders, you are gaining access to people who already have digital money and are willing to spend it for the things they love.

The Benefits

Benefits for game publishers/developers

Open source SDK, easy to use with integrated wallet

Monetize directly to users, no gatekeeper fees and profit sharings

Empowering games to use cryptocurrency in their game economy

No worries on fraud, chargebacks and other payment gateway problems as everything is built on top of blockchain technology

Full access to our crowdfunding platform (FunFund Initiative)

Benefits for gamers

Get rewarded with tokens while playing games

Full control of ownership of any virtual goods

Buy in-game purchase with PXG Token

Double your tokens by entering tournaments and staking your tokens

Trade PXG tokens in supported exchanges globally

Token Sale and ICO Details

The PlayGame Token is an ERC20 cryptocurrency token with smart contract platform enabling game publishers, developers and communities to monetise directly from cryptocurrency crowds all over the world.

PXG is a crypto-token of fixed supply. Only 1,000,000,000 (1 Billion Token) will ever be created. It is fractionally divisible, and units of PXG are fungible and transferable. The Ethereum blockchain will serve as the backbone for PXG. Gamers can easily send PXG to play on the platform to each other, provided both the sender and recipient have an Ethereum compatible wallet. Game developers and publishers can incorporate this function – for gamers to pay and participate in game rooms and tournaments to earn more tokens.

As an ERC-20 token, PXG will be compatible with the existing Ethereum infrastructure, such as development tools, wallets, and exchanges. The Ethereum Virtual Machine (EVM) allows the deployment and execution of smart contracts, enabling complex issuance rules for crypto-currencies and automation of incentive structures. EVM eliminates any question of trust and protects the transacting parties against fraud. These powerful features and the dynamic ecosystem makes Ethereum a strong fit for PXG and would result in quick adoption by game developers and gamers.

Token Details

Token – PXG

Price of PreICO 1 PXG = 0.000055 ETH

Prices at ICO 1 PXG = 0.0000667 ETH

Tokens for sale – 600,000,000

Platform – Ethereum

Accepting – BTC, ETH, Tokenomy

Country – Indonesian

Whitelist / KYC – KYC

Restricted areas – None

A total 1,000,000,000 of PXG tokens will be distributed on the following manners:

600 Million tokens for sale

100 Million tokens for advisors and airdrop programs, bounties and other affiliates

200 Million tokens for the team and will be locked for at least 2 years

100 Million tokens to maintain PlayGame platform network growth

PlayGame has a soft cap at 150 million tokens and hard cap at 600 million tokens. Minimum purchase for token sales is 100 ETH on private sale, 10 ETH on pre sale, and 2 ETH on crowdsale.

Pre Token Sale

Capped at 200,000,000 PXG

1 ETH = 18,000 PXG

September 10th 2018 at 03:00PM UTC+7

Token Sale

Capped at 400,000,000 PXG

1 ETH = 15,000 PXG

September 24th 2018 at 03:00PM UTC+7

Number of tokens for sale

600,000,000 PXG (60%)

Bonus

Participants using TEN will get additional 10% PXG tokens