Most gamers today, particularly the players, are far from near the knowledge of the actual technicalities, improvisations, and technologies that give rise to the sleek audio-visual series of brain-demanding activities that keep them busy all day long!
Developers or manufacturers of the various games in the industries, on the other hand, would complain, however, that issues like piracy, funding, ever-increasing professionals of the industries, revenue growth, global competition, development, production, and marketing costs are only a few of the many problematic situations, of which, in any other industry, there are no maladies more contagious. It is daunting, a task, therefore, to keep maintaining product quality as well as generating the required revenue while, at the same time, negating the high production and marketing costs.
Therefore, the conception and development of a new generation decentralized financial game platform seems to provide a befitting answer and solutions to the question which both gamers and manufacturers have been asking for quite a number of years back.
In this light, CRYPTOHIT, as a new generation decentralized financial gaming platform provides an avenue through which genuine game lovers; both players and developers can get incentives or simply put, get paid while doing what they love to do the most, gaming!
Generally speaking, the CRYPTOHIT platform, in description and direction of functionality, is an integration of a multiplicity of new generation games of all genres created based on the blockchain technology.
What to expect, therefore, is a system which adequately, keeps the records of all registered participants of all sorts(gamers and developers). It is, however, reasonable to assume that giving incentives for platform activities and involvements are achieved through adequate record keeping, by means of which gamers’ progress and platform achievements are however conserved, and are not lost, even when gamers venture into new games or newer editions of an existing one. Also, that the incentives mentioned are automatically dispatched as necessity requires, through a decentralized smart contract blockchain system.
The incentives aforementioned are paid out in GALACTIC CREDIT COINS(GAC) tokens and every transaction is safely recorded on the ethereum blockchain as an ERC-20 token.
Furthermore, the GAC tokens accumulated in the ways mentioned above can be exchanged for ethereum in an external cryptocurrency exchange.
The GAC tokens can be used in a number of ways:
- As previously mentioned, tokens can be exchanged for fiat or other cryptos in the exchanges(internal or external exchanges)
- As players have the tendency of alternating between the varieties of games available on the platform, already accumulated GAC tokens can be used to buy some functionalities required to start up in a new game
Game developers on the other hand, who originally would need to market their games to millions of players out there, as initially expected, at high costs, would be able to do so adequately and at little or no efforts and costs. The technique is easily understood- users or players register on the platform in which thousands of game apps are already incorporated. While players have access to platform functionalities like messaging and wallet management, they are able to communicate with each other, recommend new games on the system to one another until each player has played as many games as they desire on the system. In the meanwhile, developers only have to add more games to satisfy the demands of the consumers. It is that straightforward!