BITGUILD - Trade and sell your in-game assets

BitGuild is a gaming platform that guarantees to deal with the difficulty of property in an exceedingly digital age has nowadays been unconcealed.Using blockchain technology, BitGuild aims to relinquish the user possession of their in-game things, permitting them to take care of their digital possessions even once an internet game shuts down.

The main vission of the project is to connect players and developers and crypto currencies to get a effective process.. Games on BitGuild are engineered from the bottom up to form each character, item, and quality utterly distinctive, and thus tradeable.Where antecedently in-game things were intangible knowledge on a personal server, victimization BitGuild, these things would belong to the player within the kind of a token on the blockchain

BitGuild is crystal rectifier with virtual currencies and vice veteran Jared Psigoda. Before start BitGuild, Psigoda was the chief executive officer and co-founder of Reality square Games; he has since supported Livestar, a development studio centered on transportation live streaming and different social media apps.

"We watched the vice trade deteriorate over the years, as developers had to form additional addicting and profitable games so as to survive. lots of times this came at the price of player expertise and game life," aforementioned Psigoda.Games like Crypto Kittie's are all pretty basic in nature, however, they terribly clearly demonstrate their ability to resolve issues that have troubled each gamer and game developers for years. The implications of getting a real vice network engineered on the blockchain are nearly limitless."

Blockchain and good contract technology permit for gamers to possess their things. rather than Associate in the Nursing item being flagged on a game developer’s server as ‘belonging to’ an explicit player, that item is sent to it player’s digital notecase over the blockchain. The gamer can own it and be liberal to do with it no matter she or he pleases, whether or not that be to sell, trade, or import it into another game. additionally, good contracts area unit open supply and permit for player verification of things like item drop rates.”

Traditional real cash trade (RMT) websites have interaction with the sale of computer game currencies, items, and power leveling services. None of the things sold on these websites area unit tokenized on the blockchain, nor will the customer or trafficker for any purpose in time really ‘own’ the things. In exchange for his or her cash, gamers area unit buying the ‘right to use Associate in Nursing item’ subject to the developer of the game’s Terms of Service and User License Agreement.

For any purpose in time, the sports developer may ban the user’s account, and that they would lose all of the sports things they closely-held. This happens all of the time, particularly in games wherever developers have specifically explicit it's against the ToS to have interaction within the trade of in-game things for cold currency. And finally these platforms main unit is reason to rampant fraud, with players obtaining scammed by shady sellers and sellers obtaining scammed by dishonorable consumers.