The EON Protocol (EOT) Review
Introduction
Over the years, the gaming world has changed a lot. I know this because I love playing game – game is fun and interesting, not necessarily time wasting. In addition to this, in 2017, the gaming industry generated $116. This is a pretty huge sum of money and is expected to increase as more games become added to the industry.
As the gaming industry is growing, there are new challenges that will arise. In the game distribution for instance, there is the issue of centralization. This is because, of recent, the game distribution is controlled solely by the game distribution platforms. Asides, many game developers are not financially buoyant enough to create the awareness needed to attract gamers for their inventions. They however resort to the game distributors to help with the awareness. This however comes with huge percentage as charges that discourage the developers to the point of abandoning their creation.
Even when developers have the financial capacity to create publicity, they end up spending a lot on advertisement. This greatly affects their overall profit which is disappointing. This calls for the need to create a platform that will create a suitable atmosphere where gamers and developers can easily interact. That is the EOT protocol.
What is the EOT Network?
Also known as the Entertainment Open Network Protocol, EOT is a decentralized system which fuses the blockchain technology with the digital gaming distribution system. The aim is to cancel the flaws of the gaming network. Thus, with the EOT protocol, developers will be able to earn from the games they create without spending much on awareness.
With the platform, developers can gamers to create awareness for their game on the platform. Gamers will easily chose the game they want to play and earn by supporting games that appeal to them.
The EOT protocol comes in four part: the game discovery, the game discovery system, game community, referral system as well as the developer system. I will discuss them below:
The game Discovery System
One of developers challenge is finding gamers to view and play their game without much financial stress. The EOT platform will help developers showcase their game to huge audience to discover, play and buy. Asides from developers, gamers can also submit game on the platform.
Game Community
The EOT will as well bring game lovers together. Thus, gamers will socialize and interact. They will also be able to view, upvote or downvote a game. There is also the profile page of each users that shows their achievement on the platform using the EOT tokens.
Referral System
Every user of the platform has their referral smart contract on the blockchain network. The blockchain allows all referral activities of the user to be audited and monitored. Thus, users get rewarded with EOT tokens for bringing traffic to the platform.
Developer System
This is where developers will submit and update their games. They are also able to audit the referral system of their users. This feature is strictly for developers as they get rewarded for the milestone their game and gamer achieves.
ICO Details
The EON token will be the main currency on the EON platform and its designed to support the platform economy and also facilitate the growth of the platform. The token is the core of the ecosystem and it is designed to reward behaviors that helps to grow the EON platform.
Roadmap
Team & Advisors
Token Details
Token symbol: EON
Total tokens: 2.1 billion tokens
ICO supply (private & public): 30%
Soft Cap: 10000ETH
Hard Cap: 30000ETH
Token Price/Conversion Rate: 1 ETH = 21000 EON, 1 EON = 0.0280 USD (0.00004760 ETH)
Token Distribution
10% - Early supporters, advisors and initial partners
10% - Incentives for team (vested for 4 years)
20% - EON foundation, reserved for future R&D, marketing and community development (locked)
30% - Token sale
30% - Incentives for community members (gamers and developers) in the platform.
Conclusion
With the integration of the blockchain, EOT will revolutionize the game distribution system. Thus, game distribution will be more effective, cheap and efficient for all users. Asides, both gamers and developers will earn EOT tokens.
More Resources, Visit;
WEBSITE: http://eontoken.io
WHITEPAPER: https://docsend.com/view/yuhe5nc
TELEGRAM: https://t.me/eontoken
Author: https://bitcointalk.org/index.php?action=profile;u=1231391;sa=forumProfile