🔥🔥🚀💥🚀Bitcoin Crown — The new era of online gaming.🚀💥🚀🔥🔥

semarm3sem (30)in #ico • 6 years ago

Way back before, gamers uses fiat currency to purchase gaming items and free to play games became every expensive to play but as the rise of blockchain technology, they saw an opportunity to use a digital currency for purchases, trade and many others. Aside from transparency, the online gamer will have the real ownership of their digital items and will have a protection from fraud.

Online gaming is one of the most flourishing and stable segments in the technology sphere, supported by a loyal audience of gamers and the spreading of mobile technologies, along with the worldwide expansion of high-speed Internet connection. The two last factors also work towards the developing of digital economy, and especially, of virtual currency market. Virtual currencies have already taken 0,1% of the world’s global money transactions and this really means a lot.

What is BitcoinCrown?

Bitcoin Crown is the digital trading token that will give game developers, content creators and gaming communities the required crypto-backed value and tools for implementing and managing virtual goods. You can acquire BTCC through our pre-ICO and ICO stages of release or, once the ICO is finished, by exchanging fiat currency and other cryptocurrencies via select exchanges.

Bitcoin Crown is introducing BTCC a new cryptocurrency (ERC-20 Token) and smart contract platform that gives game developers, content creators and gamingcommunities the required cryptobacked value and tools for implementing and managing virtual goods. The Bitcoin Crown platform will have full support for these tokens in the next 6 months. Bitcoin Crown will develop a powerful framework of open-source software development kits (SDKs), wallets, game plugins, virtual item management apps and a payment gateway platform.

Virtual Goods on the Blockchain

Virtual goods are purchased mostly from free-to-play games and the type of goods are mostly in game currencies like gold, coins and credits. With Bitcoin Crown, all the transactions will be secured by blockchain technologies, eliminating any possibilities of fraud. The Bitcoin Crow Coin or BTCC coin’s will create trust and security with minimal transaction fees. The use of digital currency in gaming solves the problem behind real ownership of in-game assets because it will tokenize all gaming items.

The Bitcoin Crown Platform

The platform will offer a Software Developer Kit (SDK), wallets, game plugins, virtual item management apps and payment gateway thus giving full benefits from both gamers and game publishers.Here are some of the benefits:

Buy and sell items with no risk of fraud
Using the marketplace and social network to find and trade game items
Earn BTCC coins while paying games
Setup a virtual goods store
Mint non-fungible items for special edition items
Open source suite of APIs and SDKs for every popular platform and engine

CHALLENGES

Payment Fraud
It is estimated that for every legitimate virtual purchase made, there are 75% virtual items lost to fraud, Assets stored and managed online can be open to manipulation or chargebacks. Merchants have to deal with extra burdens, and scammers damage the game’s reputation.High Fees and Slow Transactions
Game publishers and communities rely on third-party platforms to process virtual goods transactions. Gamers encounter slowness, opaque fund flow, and high transaction fees.
Lack of True Ownership & Rarity
Virtual items are, in-essence, licensed to the gamer and are often only available for use on their proprietary platforms. At times they can be manipulated, lost, or taken back with little recourse for the user. Genuine transparency is missing.
Locked in and Centralized
Digital items and currencies are usually locked to a single game and not transferable. Trading items outside of the game environment is cumbersome and difficult. If a player gets banned, they can lose all of their items and currency.
No open standards
There are currently no widely-accepted standards for decentralized currencies and assets in games. The user experience is often an afterthought, so users don’t know what to expect.
Expensive & time-consuming
Developing a platform for managing virtual goods is time-consuming and costly. The complexity of managing a virtual economy on proprietary infrastructure delays time to market. Security concerns introduce a further set of difficulties.
Lack of value gamification
Value based gamification features are lacking in content management systems and forum software. Users do not get rewarded in real world value for participation or contribution.

Solutions

BTCC will develop tools that enable game publishers, game servers, and communities to manage virtual goods and in-game items across multiple platforms. Monetization using BTCC Coin will be a key focus with robust features and toolsets provided. Great benefits will be gained by utilizing a decentralized platform and the supporting frameworks.

Benefits for Communities

Gamify your website and mobile community with custom BTCC Coins
Increase user participation and contribution on forums and walls.
Automate rewards and setup a variety of condition based triggers.
Tie-in your community rewards with in-game goods on servers or games.

Benefits for Game Publishers / Content Creators

Create new tokens to represent virtual currencies, game items, or privileges.
Create and manage virtual goods programmatically or via an app.
Create time limited or subscription based virtual goods.
Mint non-fungible items or special edition items.
Setup a virtual goods store.
Run a decentralized payment gateway with no middle-man
Transparent transactions. Setup reports and commission systems.
No fraud, chargebacks, or cancellations.
Minimal fees for blockchain transactions and no commission fees.
Open-source suite of APIs and SDKs for every popular platform and engine.
Smart wallets that facilitate easy automatic payments from users.
Easily setup a site and mobile community with full virtual goods integration.

Benefits for Gamers

Buy & sell items with no risk of fraud
Trade between gaming items from different games using Bancor for liquidity
Take your currency with you across any community or game and retain value.
Own valuable currency and rare items that can never be taken away.
Use BTCC’s marketplace and social network to find and trade game items.
Earn BTCC coins playing games.
Convert custom virtual goods directly back to BTCC Coins and retain value.
Earn coins by participating in communities and posting on forums.
Buy in-game items on thousands of game servers and games that support BTCC.
Prove ownership of items by showing them off in website widgets.

The BTCC Coin

BTCC will run on Ethereum Smart Contract. The coin will be used as follows:

Minting -minting unique in-game items, currencies. etc. using BTCC as the main currency.
Reward Automations -rewarding coins to user accounts based on activities.
Forum Boards -the coin will be used for voting and tipping.
Donations -the coins can be used for donations.
Promotion and advertising -coins will be used as a payment for promotion and advertising.