EON: A Decentralized Gaming Platform (Part 2)

Introduction

In my last post on EON, I gave a brief insight into how the global game industry revenue has increased over the years to as high as $116 billion in 2017 and how game developers have not been really rewarded for their effort as they have to pay as high as 50% of their revenue to centralized gaming platforms for promotions and marketing.

From there I moved on to discuss how EON is going to change the face of things as regards game promotion and marketing so as game developers can get maximum reward for their effort, the current problem faced by game developers as regards game distribution and promotion. Click HERE to read the previous article.

Now, I will be talking about the EON platform and how it works.

Vision of EON

EON is going to use blockchain technology to tackle the problem of game distribution with the EON platform and EON foundation based in Singapore is created to promote and support the platform.

"The vision of the company is to bring more FUN and VALUE to people through EON platform, which is more efficient, trustworthy and global accessible."

EON Platform Efficient Payment

EON will use the Ethereum blockchain (for the main time, EOS is under consideration too) and will build a global platform which will be accessible to players all over the world.

Developers won’t have to worry about local payment integration as the platform will have a cryptocurrency payment option and they can also receive payment on the platform as crypto (blockchain transaction confirmation) payment is faster. After receiving their payment, they can choose to withdraw (fiat) or hold (cryptocurrency) it on the platform.

Discovery and Game Promotion

EON will use Ethereum smart contracts to track transactions on the platform. Doing this will reduce fake traffic as experienced in centralized platform and it makes it easier to calculate developer’s ROI.

This is a win-win for both gamers and developers as developers reduce marketing cost, gamers discover new and more interesting games easily and even have the chance to earn money by supporting a game of their choice.

EON Platform

The EON platform is decentralized and powered by blockchain technology. It is a digital game distribution platform where players can discover, play and share games and also interact with other game players.

The platform comprises of several parts which includes;

Game discovery system
Game community
Referral community
Developer system

Read more about the ICO and the token below;

ICO Details

The EON token will be the main currency on the EON platform and its designed to support the platform economy and also facilitate the growth of the platform. The token is the core of the ecosystem and it is designed to reward behaviors that helps to grow the EON platform.