Egretia Project Overview
HTML is a programming language on which all the web resources are written, that is, sites, games and other services. HTML5 allows developers to implement large-scale projects, make games more technological, beautiful, interesting, and introduce new functionality in them. Platform Egret Technology for 4 years is engaged in the introduction of this language. Now, together with the Egretia platform, they are creating an innovative project using blockade.
What is Egretia?
Egretia is the world's first blockchain engine and platform for creating games on HTML5. This is a new project from Kripital, which earlier launched the following popular ICO:
· ArcBlock (the cost of tokens has now increased 3 times);
· CyberMiles (the price for one coin became 7-10 times higher).
The project will bring to the world of blockbuster more than 200 000 developers and 1 billion devices that will actively use their application.
In general, the implementation of six platforms:
· For distribution of games (users can not only play, but also make payments using EGT tokens, and also receive awards using the Proof-of-Game mechanism);
· Virtual trading platform (a kind of exchanger for virtual goods); · Advertising platform (adapted for targeted advertising); · Incubator (serves for technical support of both development teams and indie developers, establishes links between them and the players);
· A platform for data storage (will use blockchain nodes for decentralized storage and data exchange);
· A system for developers (increasing the opportunities and effectiveness of blockchain creators of games and applications).
What problems does Egretia solve?
Despite the active development of HTML5, there are a number of problems that Egretia plans to solve using blockchain technology:
1. Lack of a global, uniform and secure platform for making payments;
2. Unsafe storage of tokens in payment applications;
3. Lack of mechanisms for effective protection of intellectual property;
4. The need to create an effective system for motivating HTML5 application developers to create a quality product.
Benefits
Technology blockchain and HTML5 by complementing each other will create an absolutely safe and maximally productive ecosystem. As a result, DApp applications will function on the basis of this system, which can be created in a very short time. Among the main advantages of the platform are: high transaction speed (in the test mode it will already reach 2,000 per second), simple and convenient tools for self-development of applications. It should also be noted that all changes in the system settings will occur in real time, via a consensus vote.
ICO Terms and Conditions
Representatives of two countries can not participate in the ICO Egretia : China and the United States. A total of 8 billion EGTs were issued. Only 39% of the total, ie 3.12 billion tokens, are offered for sale.
The remaining coins are distributed as follows:
· Fund - 27% (2.16 billion EGT);
· Partners - 14% (1.12 billion EGT);
· The development team and advisors - 20% (1.6 billion EGT).
At the same time, payments for tokens are accepted only in the Ethereum crypto currency.
Preliminary sale of coins started on April 30, the minimum purchase at this stage is 100 ETH, that is 84,000 EGT. Maximum you can buy tokens worth 100 ETH. The main stage of the sale of crypto currency starts on May 26, 2018. The minimum purchase amount will be 0.1 ETH, which is equivalent to 70,000 EGT.
Road map
At the moment, the system is tested for performance and functional testing. In the third quarter, the first Eggetia blockchain applications will be launched.
In 2019, it is planned to finish work on a digital purse for crypto currency, gaming, trading and advertising platforms. The final version of the system will be released only in the second quarter of 2020.
Partners
The company has 13 key partners to help develop and promote the project. As the key partners, three organizations can be identified: Egret Technology, GUOJIN CAPITAL, LOMOSTAR. Egret Technology is the property of the founders of the platform and is engaged in projects on HTML5. The well-known GUOJIN CAPITAL fund is investing in Egretia . Previously, they invested their money in developing other products from Kripital. In general, they have more than 30 projects in their portfolio. LOMOSTAR are developers of the game to find envelopes with virtual currency tokens in the real world.
Team
The development team consists of 4 people and is one of the strongest in the development of HTML5-platforms. It already creates its third platform, so they are able to promote their ICO and develop really popular and quality projects. Those systems that already work, give their investors X-boxes, thereby increasing their profits.
Author's opinion
Egret has been working on the HTML5 platform for quite some time now and they have every chance to successfully integrate blockchain technology into their applications. Especially when you consider that the game industry is now increasingly moving to blockchain. This technology has a huge potential for improving gaming and creating a universal and safe for users system. Thank you very much for reading my article. I hope it turned out interesting and informative.
More information:
Website: http://egretia.io/
Whitepaper: http://egretia.io/static/Egretia_White_Paper_V1.0.pdf
Medium: https://medium.com/Egretia
Reddit Page: https://www.reddit.com/r/Egretia
Instagram: https://www.instagram.com/egretia_io/
Facebook: https://www.facebook.com/Egretia.io/
Twitter: https://twitter.com/Egretia_io
Linkedin: https://www.linkedin.com/company/Egretia/
Telegram: https://t.me/KrypitalBounty
Author : Pathi87