By the grace of the technology, our lives have become so much easier that we do not need to think about anything anymore. This technology has gone so far that we do not even necessitate thinking about making transactions if we do not have physical currency. On condition that we have a mobile device an internet connection with some virtual currency, life becomes easier to lead. The virtual currency is also known as cryptocurrency and it requires a blockchain network protocol to operate this. For allocation of cryptocurrency, there are many services out there and for that, the competition is superior. Egretia is one of the resourceful blockchain networks providing organization. It has made the service fun because it enables playing games while using the blockchain network and adopted HTML5 engine and protocol.
What is Egrita
Egret Tech is currently holding 75% market share in China. Egret Engine is providing the Egretia BaaS SDK facilitating the easy access towards the blockchain for every kind of Egret games. The developers of the Egretia BaaS SDK develop the games on the creation of the blockchain to move into the current Egretia fame towards the blockchain easily.The project Egretia is the consequence of collaboration with Egret Technology. It is a recognized HTML5 technology service. It has established in the course of Egretia Blockchain Lab as an arrangement with the blockchain with HTML5 technology. This helps the formation of the world’s first blockchain engine platform by HTML5. The main objective of the organization is to pertain the blockchain towards the vertical industry.
It is turning over the Egret Technology all along with the accessible 2000,000 developers of 1 billion mobile terminal devices into the blockchain world. This project is much more realistic than any other projects and it also has a far-reaching implication. It has recognized this project for 4 years and incorporating the workflow of HTML5. At this time, it has 14 separate product line in the HTML5 workflow and it covers an inclusive suite for HTML5 content development.
What is HTML5
It has gone through many hardware promotes and rapid developments of Internet technology. Some restricted access such as performance, traffic, and compatibility was limited to few times and the operation of HTML5 games has been eradicated. But the cross-platform nature of this technology has been broadly used in games, marketing, videos, media etc. they are making the most of the power of social networking in making the contents of HTML5. It has been distributed extensively by the mobile apps and conception during the whole new business model. For this hasty speed of their lives and works, HTML5 is making use of Fragmented Time. It is own point of view of using it. They are exploiting the spare time opening for the enjoyment of the recreation and entertainment. The app operators are expecting to develop the user stickiness for gaining more traffic. Depending on the current market demands, HTML5 game has made a perfect fit for click-and-play, viral transmission, user stickiness as per the characteristics.
Blockchain Technology Usage
The usage of blockchain technology is increasing step by step through the production for some understandings. This will be functional for some associated projects. There are some rewards and drawbacks for the blockchain. The rewards are:
- It exercises distributed ledger method for ensuring all the data are protected, translucent and tamper-resistant.
- It has been revolving into absolute smart contracts for equitably
- The decentralized data storage is coalescing with smart contracts in answer to the reliable
- It guarantees fused payment and decision through the token system
- The blockchain technology has some drawbacks as well:
- It possibly will enclose poor development, testing and upgrading process
- Smaller development community with poor development tools
- Put out of users and costs of learning are high
- enclose some security issued concerning the accounts and wallets
Token Circulation
Egretia ecosystem issues token system called Egreten. The tokens will move in every area of HTML5 content, virtual goods platforms, advertising platforms, and communities. The allocation method facilitates current and HTML5 games and apps stay at the center.
Egretia has implemented a number of developments to let the system run flawlessly. They have made the blockchain network practice exciting in the course of the HTML5 game system. It is grabbing the attention of people to use it more.
Website : http://egretia.io/
Whitepaper : http://egretia.io/static/Egretia_White_Paper_V1.0.pdf
Bitcointalk Account : https://bitcointalk.org/index.php?action=profile;u=853549