The gaming industry has generated a lot of revenue through the sale of computer game and in-game content, about $100 billion has been generated in this regards. This figure keep increasing year in year out with an average of 8% increase per year.
However, there are currently more than 95% of all players been deprived of the opportunity to convert their gaming achievement into real money or use them when switching to another game. In lieu of this, Sony game up to launch the Sony reward program on play station network in the US. This program give player the privilege to exchange their achievements for money but one can only us this money to buy games in the PS store, other big companies do not show any initiatives at all to solve this problem. However, majority of people does not enjoy this offer, as only few players have learnt to make money off their gaming achievements, selling resources via in-game messages, forums and social networks. The disadvantage of this approach is a complete anonymity and impossibility of positive identification of agent of the transaction which leads to deception in more than half of the transactions.
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Solving this problem, the CRYPTOHIT intend to implement the blockchain technology which allows recording all transactions, making them transparent, public and irreversible. This will protect the membership of the gaming community from all sort of fraud.
On the CRYPTOHIT platform one can move to another project within the system, this will make players to be able to use token accumulated in one game to buy starter packet in another. In addition, on CRYPTOHIT platform participants will be given the opportunity to make money off the sale of resources and character on internal exchange, bet on other players and their game character.
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DESCRIPTION OF THE CRYPTOHIT PLATFORM
The CRYPTOHIT is a decentralized financial gaming platform with the priority directed to integrate new generation of games created based on blockchain technology. The platform will feature games if all games and magnitude including AAA-class games. The priority mechanism of mutual settlement on the platform will be Galactic Credit coin (GAS) token credited based on the ethereum blockchain ERC-20 standard.
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The CRYPTOHIT platform is advantageous to both the players and the developers gamers/players have the ability to generate income by fulfilling various tasks related to the development of the platform and third party developers for the development of their own game. On the other hand developers have the tools to create their own marketing task for players for a reward. Also players have the opportunity to participate in lotteries and drawings while also developers through the CRYPTOHIT platform can establish gaming audience shortcut marketing spending.
ICO
The pre-ICO stage will be carried out for the initial collection of funds, especially crowd funding for the implementation of the project itself. After the Pre-ICO the main ICO will start and the financial goals for the ICO is embedded in the picture below
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TOKEN DISTRIBUTION
Read more about CRYPTOHIT on
website
whitepaper
Am Oladeji Victor, you can reach me on Bitcointalk as tuvic01 through this link
Not bad, is it any airdrop or bounty program?
it has a bounty program
This is awesome rewarding gamer for their gaming action. Game players now found purpose in playing game of their choice and getting rewarded at the end. And also the platform make it easy for exchange of tokens within community for other game package.
Nice project