The computer and game industry has grown from focused markets to mainstream. They took in about US$9.5 billion in the US in 2007, 11.7 billion in 2008, and 25.1 billion in 2010 (ESA annual report).
the gaming sector is expected to become a $143 billion global industry by 2020 — IF I am correct, there will be huge implications.
The world is unraveling new use cases for blockchain technology each day. Although most people think of Bitcoin and finance when they hear the word ‘blockchain’, the technology extends its reach far beyond those two things.
You may already know that agriculture businesses, energy companies, and the art world are integrating blockchain into their operations. But, there’s another unsuspecting sector also joining in: online gaming. Numerous cryptocurrency projects are picking up their controllers, so to speak, and some of the industry’s biggest names are contributing their support.
There are major problems with the economics of traditional video games.
For example, with traditional games:
The game creator (or corporation) could go out of business leaving the game stranded in a locked, closed source safe.
If the game goes away, you are also going to lose the hundreds of hours of time you invested in developing your characters and advancing levels.
If the game creators decide to take the game in a different direction against your wishes, you have no recourse.
If you want to improve or remix the game, you need the game creators permission to do so.
Any centralized authority could ban you from the game or take away your game servers at their whim without caring about you, the player.
You don’t actually “own” any of the digital assets in the game that you have invested your hard earned money or time in.
EON: Game Distribution Platform
The EON Foundation, you can found it online at http://eontoken.io/, has been at the forefront of the minds of gaming-concerned cryptocurrency fans for quite some time now. The company has done significant work to popularize the concept of gaming on the blockchain, and a few of their most recent efforts have created quite the stir in an already-excited community of crypto gaming.
Most recently, the company released a statement regarding their interest in the creation of the EON Platform. The EON Platform is meant to tackle the most challenging problems in game distribution.
The EON Foundation is not alone in their work to create a new generation of games on the blockchain. Its investment partners, as well as an advising team including partners at Zynga gaming, Facebook, and the USC GamePipe Lab, are working closely with the company’s heads to further develop the technology.
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Piyoexe1995
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