Few days ago, a friend of mine by name Joshua Alphonsus was looking for an opportunity to develop a multi-player game that would accommodate a quite number f character, but his financial strength could not carter for lease servers , due to that he withdrew. In today’s post I want to introduce us to gaming decentralized platform whose based is on blockchain that allows companies or individual to develop their games without raising an additional expenses or leased servers and that is XAYA
XAYA proposes a gaming platform that will be using Blockchain to provide a secure, decentralized, autonomous and flexible platform which a variety of games can be built .
XAYA AS A CRYPTOCURRENCY
In addition to being a cryptocurrency is a blockchain based gaming and virtual item trading platform whose value in economy will increase as more developers and gamers adopt the use of its platform. Its cryptocurrency is based on a blockchain secured by proof of work (POW).
DEFINITION OF PROBLEMS
• DEVELOPERS : It is known commonly that some developers are unable to reach the game market because the Time and cost from concept to market for money new independent developers is prohibitive but with a developing tool and usage of blockchain to create a decentralized autonomous game universe with a 24/7 up time, the cos and set up time associated with servers are eliminated.
• GAMERS: The time and effort expended by gamers could be rewarded beyond simple enjoyment and through the exchange of in-game virtual items available in other games but because of the challenges such as:
- Truly scalable and real or near real-time asset, storage layer is required for the gamer-independent of games they played.
- Creating the means of managing ownership and sharing in increasing complex games universe just like those in typical MMO games.
THE FOLLOWING DESCRIBE THE KEY CHARACTERISTICS OF THE SOLUTION TO THE PROBLEM STATEMENT FOR:
A. GAMERS:
• Probably fair game play
• Reliability and stability
• Secure virtual asset ownership
• Rapid and easy trade
• Secured social networking
• Easy to use game App launcher
• Human readable wallets account and addresses.
B. DEVELOPERS:
• Fully, partially or none decentralized game development
• Supporting scalable and massively multi-player game development
• Virtual currency and asset creation
• Ability to build game loyalty
• Broad game engine compartability
• Exportable game engine template
• Pre-built libraries
• Accepting and managing gamer payment simple, securely and affordable.
C. Supporters :
• Cryptocurrencies with high utility values
• Access to large existing gaming market
• Access to untapped gaming market
• Creation of new gaming genres
XAYA KEY INTELLECTUAL PROPERTY
• ATOMIC TRANSACTIONS: pioneer in namecoin by members of data teams in 2013 and it will be made easy to use xaya. It allows trust less trading of games items, games specific currency and whole account on CHI to enable a thriving economy on to of xayaplatform and secure high demands for CHI
• GAMES CHANNELS: XAYA team have develop an extension of payment channels in bitcoin that can be applied to move between multiple player of the blockchain and this aides scalling xaya to its global target sizes.
• EPHIMERAL TIMESTAMP: It dispute arises from a game channel, transactions on a blockchain needs to be made in other to resolve it
MONETIZATION
These are some common cause and how monetization can be achieved in XAYA:
• A percentage of ‘banked' human mined coins goes to a developer
• A one-offfee to join or subscribe to the game and how one could purchase agame
• In- game store can sell various permanent or consumable products such as item, power-ups, game coins and unlock codes.
• In-game store can sell various permanent or consumable services such as healing, item repairs, and level up training.
• In – game advertising or sponsored messages
• Offers in-game services
• Any method currently available to developers
XAYA UPCOMING GAMES
COIN DISTRIBUTION
• Total tokens for sale: 40.5%
• Proof of work coins(mineable): 40%
• Company reserves :10% of total supply undependable for 6 months.
• Advisors, marketing bounties additional cost: 5% of the total supply
• Huntercoin snapshot :4.5%.
PRE-SALE AND MAIN TOKEN SALE
The token sale was proceeded by private pretty sale round and later divided into pre-sale , main token sale and token holders received 1 chiper token they owned
STAGE 1: token pre-sale march 23- may 18, 2018. In the pre-sale around 29,178,394 CHI was sold which represents the value of approximate 330 BTC.
STAGE 2: MAIN TOKEN SALE- August 2019 to October 10,2018
• CHI token available is approximate 119,500,000
• Contributable cryptocurrencies :BTC, BCH, ETH, QASH.
• DURATION: 6 mweeks
ALLOCATION OF FUNDS
ROADMAPS
• It begins with cats core, xaya developer hub, and on boarding developers
• The next phase adds in data community hub, additional tools, support for developers and broader outreach to the indie game developer community.
• It shows a tentative, consecutive timeline with most important market point for xaya project starting from 2013 with the realised of world first blockchain games.
FOR MORE STUDIES PLEASE LOG ON:
XAYA WEBSITE
XAYA WHITEPAPER
XAYA TWITTER
XAYA Buitcointalk
XAYA2018
This post has been submitted for the OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!