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Topic: THE POSSIBILITIES OF MAKING MONEY WHILE PLAYING YOUR FAVORITE GAMES!! (Read 142 times)

copper member
Activity: 90
Merit: 6
How will this project compete with the numerous other blockchain gaming platforms in development that will pay gamers to play games?

The market is very competitive, several projects have already raised funds since November and with each passing day new ICOs are emerging in this field. First of all, with a market volume of 100 billion dollars, dozens of platforms can coexist here, practically not competing with each other, so we don’t see a problem in that. But, I must say, most of the projects, unfortunately, have existing websites with running business processes that simply use the crypto market to raise additional funds for the development. There is no need for decentralization for them, and the coins they issue are not functional, but simply work as a padding between fiat money and virtual goods.

All our games will use blockchain in their essence. They are not ported to the blockchain, they are built on top of it.

1. Since our token cuts across all game processes (e.g. each new game issues tokens), it will be in demand for purchase by both players and developers. In addition, we have developed a system for burning tokens, we plan to concentrate our efforts as much as possible on creating a deficit and the demand for GACs. Based on this, we believe the price of the token will grow organically on a continuous basis.

2. We will seek common ground with both small studios and huge corporations. According to our data, there are now about 3 million game developers in the world. We have a lot of interesting synergies to "lure" them in: rotation of users on the platform (they are millions of free players for any project with zero investments in advertising), saving on commissions and transaction fees for up to 60%, generate revenue on a connected user through their game even when that user leaves the game for any other game on our platform.

3. All investors get the opportunity not only to sell GAC tokens profitably after the cryptocurrency has been listed on the exchanges or to keep a long position for strategic purposes but also to start using a number of investments and earning opportunities almost immediately in our first games.
newbie
Activity: 136
Merit: 0
How will this project compete with the numerous other blockchain gaming platforms in development that will pay gamers to play games?

More than just playing a game and getting incentives, making the games available is a very important factor in the industry. This project promises to make easy, the possibilities of adding games without much cost. This makes it possible for players to play as many games as the seems to love. The more games played, the more incentives generated.
full member
Activity: 406
Merit: 174
How will this project compete with the numerous other blockchain gaming platforms in development that will pay gamers to play games?
newbie
Activity: 136
Merit: 0
Most gamers today, particularly the players, are far from near the knowledge of the actual technicalities, improvisations, and technologies that give rise to the sleek audio-visual series of brain-demanding activities that keep them busy all day long!

Developers or manufacturers of the various games in the industries, on the other hand, would complain, however, that issues like piracy, funding, ever-increasing professionals of the industries, revenue growth, global competition, development, production, and marketing costs are only a few of the many problematic situations, of which, in any other industry, there are no maladies more contagious. It is daunting, a task, therefore, to keep maintaining product quality as well as generating the required revenue while, at the same time, negating the high production and marketing costs.

Therefore, the conception and development of a new generation decentralized financial game platform seems to provide a befitting answer and solutions to the question which both gamers and manufacturers have been asking for quite a number of years back.

In this light, CRYPTOHIT, as a new generation decentralized financial gaming platform provides an avenue through which genuine game lovers; both players and developers can get incentives or simply put, get paid while doing what they love to do the most, gaming!

Generally speaking, the CRYPTOHIT platform, in description and direction of functionality, is an integration of a multiplicity of new generation games of all genres created based on the blockchain technology.
What to expect, therefore, is a system which adequately, keeps the records of all registered participants of all sorts(gamers and developers). It is, however, reasonable to assume that giving incentives for platform activities and involvements are achieved through adequate record keeping, by means of which gamers’ progress and platform achievements are however conserved, and are not lost, even when gamers venture into new games or newer editions of an existing one. Also, that the incentives mentioned are automatically dispatched as necessity requires, through a decentralized smart contract blockchain system.
The incentives aforementioned are paid out in GALACTIC CREDIT COINS(GAC) tokens and every transaction is safely recorded on the ethereum blockchain as an ERC-20 token.
Furthermore, the GAC tokens accumulated in the ways mentioned above can be exchanged for ethereum in an external cryptocurrency exchange.

The GAC tokens can be used in a number of ways:
- As previously mentioned, tokens can be exchanged for fiat or other cryptos in the exchanges(internal or external exchanges)
- As players have the tendency of alternating between the varieties of games available on the platform, already accumulated GAC tokens can be used to buy some functionalities required to start up in a new game

Game developers on the other hand, who originally would need to market their games to millions of players out there, expectedly at high costs, would be able to do so adequately and at little or no efforts and costs. The technique is easily understood- users or players register on the platform in which thousands of game apps are already incorporated. While players have access to platform functionalities like messaging and wallet management, they are able to communicate with each other, recommend new games on the system to one another until each player has played as many games as they desire on the system. In the meanwhile, developers only have to add more games to satisfy the demands of the consumers. It is that straightforward!
www.cryptohit.io
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