Today the Moonify team is excited to launch something a bit peculiar. What we are announcing today is a stepping-stone to tomorrow. The concept we are working on has widespread implications for the entire gaming and content community. Before we dive into this concept in detail, let me first introduce you to Loot.Game
Loot.Game allows users to play and unlock games, simply by participating with their CPU. The more gamers join the network, the more quickly games are unlocked.
The truth is, no content is “free” and monetization methods have long created a divide between consumers and the creators that make it all possible. Since the internet’s inception, the main form of monetizing content has been advertising. Today, we are putting a stake in the ground. No longer does gaming and content consumption mean users are forced to give up their personal data and privacy for targeted and disruptive advertisements.
Loot.Game is Moonify’s beta experiment. The site grants users the ability to trade their device’s unused computing power, in exchange for games. A percentage of idle CPU power can be harnessed to create a respectful distributed cryptocurrency mining network.
In exchange for leveraging CPU power, users accumulate Mooniz tokens that they can then redeem for the aforementioned games. Mooniz tokens will later also have usage with more of our partners and if you would like to find out more about this token, please take a look at this article
Browser mining is not entirely new of course. Others have exploited this concept to produce malware, mining on browsers in the background without user consent (often referred to as “cryptojacking”) and tarnishing a practice that can in fact be used for good. Here at Moonify, we believe this approach is not only unethical, it’s detrimental to creating a viable long-term ecosystem. Transparency and a shared understanding between consumers and content creators is vital. This is just the beginning. We see tremendous opportunity in what nearsighted groups have been exploiting for short-term gain.
"Innovation often starts with friction. As author Scott Burken notes- “The refrigerator, the laser, and the dishwasher were disasters for decades before enough of the cultural and technological barriers were eliminated through various insights, transforming the products into true business innovations.”
We aren’t settling on the current JavaScript mining technique either. We are tirelessly working on improving the existing mining solutions of today. In truth, JavaScript is not optimized for mining and there are opportunities to increase hashrates. We are committed to developing the best mining solution in the market. Additionally, we are working on solutions that mitigate power consumption while still producing sufficient hashrates. It is absolutely critical that our solution creates an exceptional, as well as transparent, experience for content consumers and doesn’t require extensive electricity usage. Moonify is obsessed with user experience, period. We believe winning over user trust and providing superior content consumption and gaming experiences will allow for a new means of value exchange.
In order to make this future a reality, we need to gather more data and pressure test our current progress. We have created Loot.Game as a fun and easy way to do just that. This gaming experience will illustrate our concept and allow us to optimize our product before we officially launch. We have created a diverse catalog of 8 games, two of which are already unlocked, while the others are ready and waiting to be unlocked. The more participants come aboard, the faster the games will be unlocked and the more games will be added.
Loot.Game is just the start; we will create the first Token (ERC20) in the near future, which we will use to educate users on Ethereum, wallets, Metamask, etc. We also plan to introduce Hearthstone card packs, World of Tanks packs, and in a more distant future we hope to introduce League of Legends and CSGO skins. You can expect us to launch new features such as a leaderboard, achievements, and a voting system for new games shortly as well.
We hope that Loot.Game helps us redefine how users and content interact and generate value. As computing power explodes in demand and application, Moonify is working on creating a new avenue for content creators and gaming platforms to generate revenue. Moonify is excited to continue to explore ways in which computing power can be harnessed to generate value for businesses while enriching user experiences. More information can be found at Moonify.io
Jean
Reach out to us on Twitter -> https://twitter.com/moonifyio
Follow our Loot.Game Twitter account -> https://twitter.com/lootdotgame
Our project one-pager
Join the discussion https://discord.gg/KkvYc6D