Gaming is industry is one of the biggest industries today with an endless scope of future prospects. In a world population of 7 billion, there are approximately 3 billion gamers out there. The gaming industry is currently worth 91 Billion USD and is projected to be worth around 120 Billion USD by 2021.
Blockchain has revolutionized a lot of aspects of our daily lives, Totum is another such initiative to remould the gaming world for the best.
There are a lot of gamers today who would like to buy an extra skin or some relevant stuff for their character and many would like to sell these skins but have no means to do so or convert such income to a real-world currency. Almost all the games today have a currency system in some way. There are always some credits or some kind of tokens that allow players to buy extra stuff further in the game. What if this currency was an actual real-world cryptocurrency token? Totum allows you to turn your in-game balance into a real liquid cryptocurrency which can be instantly used in other games. Totum will, therefore, revolutionise the gaming market and system in many ways.
Benefit for players – a platform that earns for you - :
Totum allows gamers to convert their game balance to real cryptocurrency tokens that will have a real-world value and can be exchanged with others or used to buy more things available on the platform.
Totum allows gamers to shift easily from one game to another by transferring their currency instantly from one game to another.
Totum will be a global community that unites gamers and game developers from all over the globe which will make the process f converting game currency more accessible and global by using the Totum blockchain.
Since currency is decentralized and blockchain based, Totum further offers transparency and a high-level security to transact and store game tokens/currency.
The platform plans to monetize gaming time so now we just won't play our favorite games, we will monetize our gaming time.
Benefit for miners:
Totum will respect the privacy of the miners. No personal details will be shared unethically on the platform, so the miners can securely mine to earn more currency.
There is no mining limit for miners which means the platform is a good mining source for small-scale miners.
Benefit to game developers – a global platform to host and monetize your game - :
Totum will allow developers to create their own in-game token/currency and be a part of a global gaming community. Totum will turn any gaming balance to a real-world currency that will be accepted globally, further monetizing the product.
Totum currency, being a major part of the gaming industry will be lesser vulnerable to market changes like the other cryptocurrencies are.
The monetization of gaming time will give incentive to more and more gamers to join the game.
An external linking with Totum's platform won't disrupt the pre-existing game ecosystem. Totum will not demand any platform changes to link a game on its platform. Your own game, your name, your rule and your own currency on Totum's blockchain.
Developers can create some special events which award Totum's currency to the winners, thus attracting more gamers to their product.
Both gaming and crypto world are one of the biggest markets in the world today and Totum aims to bring both of them together. Each game on the platform can build its own cryptocurrency token which can be exchanged throughout the platform by the gamers. Totum will thus change the payment and reward system in the games to provide more liquidity to the in-game tokens.
Totum is a wonderfully designed platform which will be beneficial to anyone that connects to it, be it a gamer, a developer or a miner. Totum team is already in touch with top online game providers to use tokens platform for future use. One can only say that when Totum hits the gaming world it is going to hit hard.
For more information on project and upcoming ICO visit:
Website: https://totum.in/
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=2204337