The gaming industry have so far received unprecedented acceptance as many developers are at work yearly, dishing out wonderful games with excellent infrastructures, and gamers are always in search of brand new games to satisfy their adventurist exigencies, and rapt them off into a new world of fun, skills and adventures.
However, there have largely been a decline in the acceptance of the gaming ecosystem due to some challenges experience within the industry, which spans around the basic ideology behind the gaming infrastructure.
In the 21st century, video games and non-video games are a simulation of real life experiences where users earn points or game tokens for achievements, time and skills exercised in and during game sessions, unfortunately, these reward system only exists and have value within each gaming ecosystem and have no real-life value, for instance, one can complete a game up to 1000 levels and earn millions in game reward but is unable to use the rewards for anything because it has no real-life value.
Moreover, game developers face the challenge of encouraging user engagements, due to the lack of monetary incentives, games life-cycle is extremely short and users will always be on the look-out for new games to spur their interests, giving developers hard-time earning from their games and also looking for innovative means to drive gamers engagements.
Brands spend millions of dollars yearly on Targeted Adverts, most of this money are wasted due to lack of effective targeting, because too much adverts during games makes the games boring and uninteresting, and most times, gamers are totally not interested in what is being advertised, therefore much spending are done by brands due to lack of effective targeting of specific audiences.
There is need for a solution in the gaming industry that will drive revenue to the gamers in return for their time, and skills, ensure optimal engagements for developers and earnings too, and enable brands receive value for the monies invested in advertising.
Introducing Monetizr, Blockchain Based Gaming Ecosystem
Monetizr is blockchain-based gaming ecosystem, delivering an all-encompassing solution to the gaming industry, utilizing blockchain technology to deliver next-level gaming experience to gamers and effectively maximize income generation for both developers and brands.
Monetizr is designed with a gamers first ideology, to enable gamers receive points and tokens that can give real-life value, which includes being used for purchasing goods and services, or being able to be exchanged for other cryptocurrency or fiat.
Gamers Reward EngineTM
Monetizr works on a Gamers Reward Algorithm, which enables gamers to earn reward based on the time spent on games, skills inputs in form of tasks and levels accomplished and also optioned mining incentives using unused computer processing power, the best part being that tokens earned are hosted on one wallet and are transferable from one game to another.
Monetizr Game Reward EngineTM comprises of three (3) major components:
1. MTZ Wallet:
MTZ Wallet is a simple-to-use, easy-to-access and efficient single reward wallet where users can store all earning accumulated in the platform, including earnings from games, achievements unlocked, and from minings, also MTZ Wallets can be used by developers to store the tokens generated from mining and from revenue generated from their games, invariably, brands can utilize MTZ wallet to store tokens being shared to users or used to pay for efficient targetted Adverts being offered by the platform.
2. Game AI Optimizer:
Monetizr utilizes machine learning algorithm to enable Brands and Developers effectively target users who are interested in their products, this algorithm studies the patterns of users behavious based on activities and provides developers with insights and analytics for effective deployment of marketing strategies such as in-game purchases, product sales and upgrades.
Some game optimizer features for developers includes:
• In-game merchandize module
• In-game analytics module
• Cryptocurrency module
3. Brand Autopilot:
Monetizr team also allows brands to automate targetted adverts and reach optimal levels of awareness for the brands by introducing Brand Autopilot algorithm. This is a form of brand sponsored token allocation for gamers, which effectively allows brands to showcase their products effectively to gamers, whilst gamers earn MTZ tokens for doind so, its a Win-Win for everyone.
MTZ Tokens:
MTZ Tokens is the currency of the Monetizr ecosystem, MTZ is a decentralized , smart and universal game currency which isinteroperably in all gaming systems ( already 25 games) incorporated in the Monetizr ecosystem. MTZ Token are ERC-20 Tokens , based on the Ethereum blockchain.
MTZ Tokens can be issued by developers based on discretion to gamers as they play games developed, or as mining rewards, and can also be issued to gamers for viewing brand sponsored adverts.
MTZ tokens can be exchanged for real-life products and services such as in-game purchases, clothes and shoes from stores, face caps and hoodies, et cetera , or can be exchanged with other cryptocurrencies such as bitcoins and litecoins.
SUMMARY
Concisely, Monetizr Platform works in four different ways, which are solutions to the gaming challenges we outlines in the beginning:
- Increase in game engagements for developers
- MTZ Tokens earned by gamers across all games
- Efficient targeted Adverts for brands from sponsored MTZ token rewards
- Real-life value for gamers in return for time and skills showcased in games.
Monetizr is set to bring a revolution to the gaming industry through the implementation of blockchain technology.
Monetizr Explanation Video:
For More Information, Please Check Out The Links Below:
Monetizr Website
Monetizr Whitepaper
Monetizr Facebook
Monetizr Telegram
Monetizr Medium
Monetizr Twitter
Monetizr Instagram
Monetizr LinkedIn