The game industry is one of the fastest growing industry with big market of young gamers and a has a huge potential to grow with the improving reach of technology and the innovation in the gaming industry.The gaming industry has evolved over a time and it has reached to vast population becuase of adaption to various platforms like PC,smart phones,Consoles,Tablets,VR sets,Handheld devices to Crypto Games
Initially the main aim of gaming was to educate the gamers by developing their decision making skill adequately. For instance, CryptoKitties, being the first game played on blockchain by most people is neither the first blockchain based game created.
CryptoKitties is a cryptocurrencies gaming pattern that is used to educate gamers about blockchain related concepts.But during the course of evolution of the gaming world, there are several problems associated with the traditional gaming platform such as delay in payment, game distribution and promotion, etc. It has resulted to revenue loss to both the game developers and users.
EOT is a blockchain gaming protocol.The main draw back for decentralized game development is that developers have to learn blockchain technologies and new programming languages to build a game on public chains like Ethereum, Quarkchain, EOS etc. They have to learn how to support multiple cryptocurrencies and digital assets. This is where EOT Protocol comes handy.By using EOT, they can build Dgames much Quicker and easily
ENTERTAINMENT OPEN NETWORK PROTOCOL (EOT)
Eon protocol means Entertainment Open Network Protocol built to help game developers to create great games easily, quickly and at low cost
How does EOT work?
The DGame framework is a Two layer solution with on-chain/off-chain architecture. It can perform payments or transfer of digital assets with high speed and low cost. It's similar to Bitcoin's Lightning Network and Ethereum's Raiden Network, but with several improvements to be a less cost, low latency, high throughput, secure, cross-chain and privacy-concerned solution. DGame framework performs its high performance and secure transactions between participants off-chain and defers the final transaction confirmation on-chain.
This is achieved using digital signature and hashed timelock contracts (HTLC), fully locked by previously set on-chain deposits. This concept, illustrated in the above Figure , is known as payment channel technology. Payment channel (or micropayment channel) is one of the techniques designed to allow users to make multiple token transactions without committing all of the transactions to the blockchain. In a typical payment channel, unlimited or nearly unlimited number of payments can be made between the participants except for an initial one-time on-chain establishment and an eventual channel settlement. In addition, payments can be routed across more than one blockchain (including altcoins and sidechains) as long as all the chains support the same hash function to use for the hash lock, as well as the ability to create hashed timelock.
The Team:
Token Metrics
The EOT token will be issued in the form of an ERC20 token. It will function as a multi-utility token that will be used to fuel the platform.
Total Supply: 2,100,000,000
Token symbol: EOT
ICO token Price :$ 0.0280
Soft Cap: 10,000 ETH
Hard Cap: 30,000 ETH
Private Sale: 12,000 ETH.
Useful Links:
For more info about EOT,please check the following links
Website:http://eontoken.io
Whitepaper:http://eontoken.io/EON-Whitepaper.pdf
what the flip! I had no idea! Outrageous!