XMax is blockchain ecosystem and developers’ tool for the video game an entertainment industry. The XMax team is bringing two very popular technologies, game development and blockchain technology together. But why blockchain, because it is secure, it provides high availability and its decentralized. Which means no single, central system is controlling it. But existing blockchain technologies have some issues, so does XMax is going to use same blockchain technology like others? The answer is no, existing blockchains cannot handle the number of transactions necessary to operate popular entertainment DAPPs. To solve this problem, XMax uses Multi-blockchain architecture which can process many transactions at same time. when a functional sidechain becomes too complex, for efficient processing XMax will automatically split it into parallel chains. XMax is addressing the other problems such as high fees, difficult programming, as well as low compatibility issues where many other blockchain do not integrate with 3rd party blockchain. XMax has feature to connects to other public blockchains (like the Ethereum Network) by providing a set of open-chain access protocols and integrating other blockchains as XMax sidechains. So, XMax is not using the blockchain technology but developing improved version of blockchain.
What they are offering when it comes to Video game development? What XMax is offering for developers than existing game developement? Well, its not just a normal gaming development platform. XMax is an all-in-one development ecosystem which makes it easier
for entertainment industry developers to create DAPPs. XMax team is offering a complete toolset for blockchain based game development. Most of the developers face issues with learning complex blockchain programing language and because of this problem, many developers not turning to blockchain based DAPP development. But now XMax developed a JavaScript based language which simplifies the process of DAPP development. This is very good approach from XMax team, because now people with JavaScript knowledge can also participate in the game development. Many blockchains do not provide SDKs or libraries to help new developer, but by using XMax Studio’s development tools, developers can quickly build applications for multiplayer games, video streaming sports, social media and sharing economies and so on. Using XMax platform developers can also create 3D games.
XMax Token-
XMX is the native token on the XMax platform and interacts with sidechains or DAPPs via dual wedging to facilitate asset exchanges on the platform. XMax supports two sets of token models. One is XMX Rice, a Fungible Tokens which will be used to Operate XMax Ecosystem. Users can exchange these tokens for services or other tokens on or off the platform. Second token is XMX Lobster, Non-Fungible Tokens. XMax users can release asset tokens (similar to ERC721). Each token is unique and
non-divisible, these tokens represent item ownership on the blockchain.
Here are the XMax token holders’ benefits-
The proportion of the total token supply which an XMax account holds
determines the percentage of the system’s resources they can use.
If you hold XMX Tokens but do not use the XMax computing resources, you
can lend your tokens to other parties for a profit.
Entertainment developers can create DAPPs on XMax and allow users to
transfer basic information without fees (mainchain data).
When a user or developer stores status data on the XMax blockchain, a
certain amount of XMX Tokens is reserved as a guarantee. If a user behaves in
a way that harms the ecosystem the guarantee will be withheld and
distributed to the XMax community.
XMax Bounty Program was going on and it was finished yesterday. If you have participated in the bounty program, then you will receive the tokens within 30 days from now. Team updated this info in their daily updates - https://www.reddit.com/r/XMax_Blockchain/comments/9ejrvh/daily_update_september_10th_2018_bounty_program/
I don’t know if there will be another round of bounty, but I will suggest following XMax official social media channels, so that you won’t miss any bounty program or project status.
You can Follow XMAX on -
Telegram: https://t.me/XMXBlock_org
Telegram Announcements: https://t.me/XMAX_Announcements
Medium: https://medium.com/XMAX-galaxy-network/
Reddit: https://www.reddit.com/r/XMax_Blockchain/
Twitter: https://twitter.com/XMAX_io
Facebook: https://www.facebook.com/XMAXBlockchain/
Youtube: https://www.youtube.com/channel/UCNSusjnEEMDxrCPK7Yl_Tyw
GitHub: https://github.com/XMAXPlatform
Bitcoin Talk Forum Link: https://bitcointalk.org/index.php?topic=4573727.new#new