Blockchain has been a household staple since Satoshi Nakamoto dipped pen into ink splashed out a game-changing cliche. And what a cliche it has been. Since 2008. Then he/she/they/it wrote out the whitepaper for Bitcoin, which became a new type of legal tender. Basically, A Blockchain, is a list of records, called blocks, that are linked using cryptography, and duly resistant to modification of the data. In other words,it is no more than an open, distributed ledger that can efficiently, permanently verifiably record transactions between two parties, in an immutable fashion. It is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the network majority.
Subsequently Satoshi Nakamoto vanished on us, with some confusion and chaos. I'm looking at you, Craig Wright.
That was just the beginning for the world of cryptocurrency. In time, Ethereum, with its stable Blockchain and immutability joined the fray.
WHY GAMING?!
The gaming industry is a globally ubiquitous economic sector involved in the research, development and marketing of games, and made up of many disciplines and its component parts have a worldwide workforce. It is currently worth about $140 billion, according to the latest Forbes estimate. This global and financial appeal has made the gaming industry a natural go-to for cryptocurrency developers.What with gamers spending about $100 each on Fortnite (an online video game developed by Epic Games in 2017) generating $300 million a month, and the frequency and volume of modern gaming microtransactions, this makes the industry ripe for a crypto take-over aka coup d'etat and cryptocurrency developers and projects are looking hungrily for a way to get them to do it using the blockchain.
Another reason is this… Stemming from the monetization of the gaming industry, many free games have a type of in-game currency(acquired with fiat cash or gift cards) that players can earn, buy and spend.
Also the Millennials are both cryptocurrency-savvy and gamers, thus game developers are creating their own virtual and digital currencies.
WHY BLOCKBURN?!
Headquartered in St. Julian, BlockBurn is a giant disruptive cryptocurrency gaming project which leverages the blockchain for gamers to play for its native token, BURN.
This is a gambling token, based on the Ethereum Blockchain on the BlockBurn network. It is deflationary in value, thus very useful for HODLers. The circulating volume is 882,570 BURN while the total volume is 1,905,093 BURN and a market cap of $166,847 dollars(Coinmarketcap).
BURN tokens are already listed on some top-notch exchanges
Blockburn is currently on an IEO and successfully sold out in 5 mins in their 1st round of IEO yesterday. This should go public . Thanks.
2nd round commences on 20th February.
The Blockburn token, with the BURN ticker, is already an MVP. For gamers to tap into the awesome Blockburn Gaming Network, they must deposit BURN tokens into the wallet address of their gaming app.
- These BURN can be used as wagers in tournaments, with a winner taking all outcomes.
- The tokens can also acquire armor, special weapons, character upgrades and level ups.
- Also HODLing BURN tokens guarantees access to other bonus features.
Blockburn Resources
About the Author
Bitcointalk Username: Redkop
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2743818
Eth Address: 0x8dC02f9a3255C0cE32536E698447F2E3915AE948