BGX | Decentralized financial platform for the mobile game industry

in #ico6 years ago (edited)

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The mobile game market is phenomenal. One of the most adaptive and high-cost sectors, consisting of more than two billion players. By 2020, it will reach the threshold of annual revenues of $ 60 billion. However, the recent lack of innovation limits the income of its participants and threatens to reduce its astounding growth rate. Some critical inefficiencies withstand the full potential of this industry.
There are many ICO games. However, the industry needs the right solution, giving players, studios, publishers, advertising networks and investors the opportunity to get more by not paying too much attention to inefficient intermediaries
The traditional financial world is concerned about the structure and nature of its operations. Cryptocurrency revolutionizes the financial world and makes significant progress in market capitalization and technology development. But the process is still ongoing, and the journey is long and full of innovation. There is a need to make tools that motivate people to use cryptocurrencies in their daily lives. The development of a reliable platform that supports the use of cryptocurrencies in real life is the last way of mass adoption of cryptocurrencies. In this session, I will introduce the BGX platform where the BGX platform is flexible with innovative ideas to bring power back to players and developers. as well as from an intermediate human system.

What is BGX ?

BGX is a decentralized platform on blockbusters, aimed at the revolution of mobile games and their processing. BGX plans to integrate the platform into this mobile game and make the video game economy tied to its own BGX token. Integrating cryptocurrency in mobile video games, developers can monetize their games more effectively and pay significantly less in commissions, which leaves more money in the developer pocket. Now players can get cryptocurrencies in games they like and can cash their prizes for other crypto or even Fiat through the exchange.

Developing market problems

In today's gaming market, there are many problems that hinder developers and game players. The lack of decentralization is present, which is dangerous for gamers because centralized games have unfair restrictions, loss of subjects, central attacks and intermediary delays. Most games have provisions to provide services that are not fair to every gamer, and if players are banned, they cannot do anything. If a player is blocked, he loses control of his belongings, where he works hard to get it. Because the platform is centralized, attacks can be carried out in one central location.
Another problem in the foreground is the time delay that can arise when using commissioner transactions. Bank transfers, PayPal transactions, and credit card purchases can have delays that will cause gamers to receive late items, and developers will be paid late.
All centralized processes and related economics have made popular application stores, such as Apple and Google Play. Unfortunately, these shops take a large percentage of developer revenue, literally leaving them a dime. This can cause game closure, and statistics show that 80% of developers don't get enough money to continue supporting applications.
In fact, the gaming economy is a relatively new market and has experienced serious pain. Most games today don't have special AI machines, so they don't have reliable solutions and protection against fraud. More than 90% of video games on cellular platforms are free and therefore rely on various monetization methods to get adequate income, and on traditional platforms - this method is not always supported.

Solution

By itself, the GBX platform is an integrated solution to this problem, because the platform supports advanced functions and technology, incorporating 2 major - blocking and artificial intelligence advanced technologies. For game developers, decisions are also made to reduce the cost of direct product release. It's just that the network requires three times less commission (10%) than what is done by a centralized platform. Also, this platform opens up other ways to make money and make money for all parties in the market.

Goals and objectives

BGX has many purposes for the platform, which includes the availability of mobile applications for Android and iOS. Most mobile gamers use this platform, and because of that, releasing games on both, this opens a wider market.
BGX wants to have a smooth payment processing system that can efficiently process transactions with Phiatic and cryptocurrencies.
BGX understands that cryptocurrencies are new and it may be difficult for gamers to understand their goals immediately and therefore they create easy implementations such as independent processing systems.
The user's wallet will also be very important, so players don't have to worry about some wallets, but all their payments go through one simple place. The developer will need a separate system, so BGX plans to make it, which will help simplify accounting for developers when receiving or sending tokens. Monetization will be the key for developers, because this will be their main source of income, and is important for players if they receive gifts to see advertisements, etc. Recordings and achievements can easily become confused in traditional systems, so BGX develops controls on Artificial Intelligence to keep data accurate to ensure that experienced gamers are valued.

Benefits for various parties

For developers, this platform can provide various functional and effective tools aimed at integrating crypto. The services offered by the platform will help developers to pay more attention to the game mechanism and its gameplay, fully concentrating on the technical part of development. The platform greatly simplifies marketing actions, making it possible to integrate into cryptocurrency products and alternative methods of monetization. Among additional opportunities for income, one can also note the possibility of the growth of the GBX cryptocurrency, which will also lead to higher income.

Players also get the chance to get, as in the game there will be built-in advertisements, to see which credit systems will be credited, which can later be exchanged for other currencies. It will also be possible to collect different bonuses, participate in overdraft programs, even various types of competitions will be held, to get cash for the players.
As for marketers, they will open many new channels to attract customers to applications or games, and also get additional returns on investments invested in advertising campaigns. In addition, the general economic token, which provides easy emission and crypto-based platform integration, can help the cause.
Now, token holder. They will have the opportunity to participate in developing projects, it should also be noted that the platform even encourages participation in the lives of other products and their commercial success, which, in fact, has no other centralized platform. Token holders will also have access to their own economy.

Platform Benefits

Among the advantages of the platform, I want to mention the artificial intelligence used, which will help improve platform security. Also, neural networks can facilitate many functions, and also process trades differently - faster, dynamic and honest.
In addition, profits can be called project tokens. This is converted to all other currencies, which will allow developers to promote their products using advertisements or tournaments held on the platform. Thanks to plus tokens, even players who will have special actions available on the platform, for which funds will increase.

In principle, this is all I want to tell about this project. Progress on platform development, new news, project economics and many other things that you can find at official project sources.
For more information, please click the link below:
WEBSITE: https://bgx.ai/
Whitepaper: https://bgx.ai/documents/BGX_White_Paper_1.0.pdf
Telegram: https://t.me/bgx_group
FACEBOOK: https: //www. facebook.com/BGXWorld/
TWITTER: https://twitter.com/BGXGlobal
The ANN tHREAD: https://bitcointalk.org/index.php?topic=2671591

Author

BTT Username: Rumayanhi
Bitcointlak link
0xF9448Ed4f479c2c337092C98aDa5B0e71Ec01b00

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BGX would revolutionize the gaming industry and provide solutions to problems associated with the traditional platform.

Believe you can and you're halfway there.

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I am not much of the gaming type, but I know the industry is very large and worth investing into, hope this will achieve the desired goal

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