What is EPIK token and why to make use of it?

Did you know that game lover is now a part of the economy of virtual goods with the annual market worth of around $15 billion? Video games, social networks, and other online games are well-proven pipelines for allocation of digital goods every day at a rate of $2M. The social media and online gaming space persist in growing drastically; there are untapped opportunities such as social networks, video games and messaging services that could enhance product offerings through the collaboration of branded goods.

However, the problem with the making of branded virtual goods is fragmented for the marketplace. Today, virtual platform operates as ecosystems that are closed off, and all the brands get fragmented in silos with accessibility. In addition to this, when it comes to considering licensing agreements, brand juggling can be seen of different brand objects such as market power, licensing fees, demographics, geographical locations, and attractiveness.

This complex business problem gets solved by the BLMP which stands for blockchain licensing marketplace via the creation of a huge collaboration system of digital platform and global brands to facilitate licensing procedure. It is an exclusively positioned platform for development and growth of associations with established and renowned licensing companies like the Evolution, BDLabs, etc. with total combined of over 1,000 properties, clients, brands, and partners.

About BLMP:

BLMP stands for blockchain licensing marketplace, which is a business to business to Customer Company that process business to business to customer transactions and provides value via traceability, security, and efficiency. They are established licensed virtual good service providers, which has sole mission to connect logical property licensing firm with blockchain platforms. It influences crypto-tokens which are built on the virtual platform as a way to provide easy exchange of liquid values through digital ecosystems.

Proposed solution:

The BLMP provide an ideal solution to generate a platform, which empowers users and rewards them with the ability to buy licensed goods using online mediums just like the purchasing of items in real life to establish identity, membership, status, and performance. In addition to this, the solution is capable to facilitate user transactions when a user buys the items to guarantee compensation between the digital platform and IP holders that is occupied in creating the goods.

Such solutions would create explosive development and growth in the virtual industry. Presently, BLMP faith in too much fiction nearby deals between digital platform and brands in legal paperwork trust, transparency, inefficient processes and accountability forms.

The blockchain licensing marketplace solves the very complex problem of business through enabling of all parties who are involved in complete trust of BLMP network. It has already developed world’s largest and first B2B2C marketplace of virtual goods that covers goods retail supplies including tokenization, the attribution of virtual good licensed and creation.

EPIK token:

The EPIK tokens can be utilized to facilitate distribution, sales, and creation of licensed virtual items. Through the influence of blockchain technology, the brands will be capable of distributing virtual goods or items through a network of economic using the digital platform that will act as retailers.