XARCADE
XARCADE is an intermediate break from the gaming industry by utilizing NEM blockchain
Blockchain technology is revolutionising digital asset management. Now, this becomes reality in the gaming world. Xarcade is a platform that connects game publishers with gamers without the need of a middleman such as Google Play or Apple iStore.
At the present, app platforms ask tremendous fees — up to 30% to get an app listed. With blockchain, fees will be just a tiny fraction of this amount.
Gamers and game publishers face other challenges such as maintenance of their various in-game balances. With Xarcade, credits — play money — will work in the same way as any other cryptocurrency. They will be global, decentralized, secure and easy to transfer or exchange.
This means that game credits will work both ways. Gamers will not only be able to buy in-game currency, but also send it to friends or even sell for ‘real’ money. Xarcade will enable gamers to truly own their in-game credits. It will be even possible to earn passive income just by playing games!
With NEM blockchain technology as a payment settlement solution, other issues will be solved, such as security — there will be no need to link your credit card to the platform. To buy credits, gamer can send money directly from his NEM cryptocurrency wallet.
Every game or game publisher will have its own currency. Platform’s main cryptocurrency, XAR, will be used as a gateway token. That means that gamers will be able to buy or sell in-game currency with XAR. It will be possible to purchase XAR tokens on a cryptocurrency exchange or directly from the Platform.
How is Xarcade using NEM blockchain?
Xarcade will be using NEM’s built-in functions: namespaces and mosaics.
Namespace works as a blockchain’s domain system. Game publisher will be able to lease a domain name for their in-game currency. It is possible to create subdomains in the format of subdomain.domain.
Namespace account will then be assigned its own cryptocurrency using NEM’s Mosaic function. Therefore, every game publisher will be able to have its own cryptocurrency that will be pegged and exchangeable for XAR.
NEM uses a Node Reputation System to ensure the blockchain’s security and function by monitoring a past node’s behaviour. NEM ranks among the most secure and scalable blockchain technologies.
XAR token and Discounted Sale Offer
XAR token will be a stable currency, pegged to 1€. Eliminating volatility is favourable to game publishers as they will be able to plan their income more effectively.
During the Discounted Sale Offer (DSO) the XAR token is sold with a 20% discount, e.g. 0.8€.
The DSO is already running and will continue until the end of January. You can find more information at their official website:
https://xarcade.io
Or you follow them on facebook:
https://www.facebook.com/xarcadeofficial
https://xarcade.io
Or you follow them on facebook:
https://www.facebook.com/xarcadeofficial
Analyst’s take
Xarcade is a very promising project and a very strong use-case for a cryptocurrency use. Independent game publishers now have a cheaper and secure alternative platform to feature their games. Compared to many other blockchain projects, Xarcade platform already works. You can play their game “Send them to Hell” utilising NEM blockchain right now.
Every project’s success is dependent on its team. Seeing NEM core team working on XARCADE gives great confidence in the platform’s work and ability to deliver results.
It needs to be mentioned that this project not an ICO but a DSO. XAR is not a speculative, but rather a utility token. Analyst’s advice would be to only buy XAR at the discounted price if the user wants to play games on XARCADE. As a long-term investment, buying XAR is not the best option.
For more information:
Website: https://xarcade.io/
Komentar
Posting Komentar