Mobile gaming industry development requires new approaches in order to satisfy market demand and resolve the current challenges related to interactions between developers, sponsors, application platforms/stores, and gamers. Among the KEY CHALLENGES I would emphasize the following:
👉 App stores are most often attached to the related platforms;
👉 Uneven distribution among most popular application stores;
👉 Incoherent revenue policy of the existing platforms;
👉 Issues with applications availability;
👉 Focusing more on payments processing than on file storing;
👉 Non-professional participants causing instability of the ecosystem.
Solving the above-stated challenges is possible via integration of the blockchain mechanisms into the gaming industry. Good results in this respect have been achieved by BGX project that is going to introduce to the world a new decentralized multifunctional platform which is dedicated to the mobile gaming industry. This unique platform will offer the integrated and multiprocessing ecosystem for application stores, gamers, sponsors, and developers.
WEBSITE: https://bgx.ai/
WHITEPAPER: https://bgx.ai/documents/BGX_White_Paper_1.0.pdf
Let us examine the main aspects of BGX project and underlying fundraising campaign (ICO).
WHY BGX?
There are several reasons why BGX is going to become a reputed player in the further development of the gaming industry within mobile application platforms. One of the main reason is a unique approach combining three groups of technologies with independent solutions for the purpose of creating BGX platform:
➡️ Controlling financial flows by means of artificial intelligence;
➡️ Implementing processing core for microtransactions;
➡️ Crypto-wallet based on mobile messaging client.
Integration of the above-mentioned technologies within the gaming platform will allow building a fully functional financial system interacting with blockchain networks through specially designed drivers.
Another reason for BGX ecosystem stable development is the usage of ON-CHAIN and OFF-CHAIN approaches thus performing operations outside the blockchain space for internal connections and inside the blockchain for external connections. These approaches will coexist and facilitate the system growth due to balancing speed and load of transactions within the BGX platform.
TAKE A LOOK AT THE OFFICIAL EXPLANATORY VIDEO:
BGX Platform and Its Functionality
BGX platform was specifically designed to provide multiple processing functions and financial support thus to maintain the crypto-ecosystem of the mobile gaming industry. BGX platform will be implemented over an artificial intelligence and focused on such key principles: iterative development, modular functional architecture, open source code, implementation of high security standards (CCSS38 and PA-DSS39), interoperability of the platform.
The architecture of BGX platform and its main components are represented by the below given diagram:
Key functions of the BGX platform will include the following:
✔️ Distribution system for gaming applications on Android and iOS;
✔️ Independent processing of fiat and crypto transaction, including support for overdraft;
✔️ Virtual player payment wallet;
✔️ Subsystem for token emission by developers;
✔️ Support for common monetization models;
✔️ Powerful engine of artificial intelligence for ongoing transactions control
Multifunctional gaming processing system within BGX platform will be supported by a DUAL TOKEN SYSTEM for the purpose of interacting with the platform and avoiding the harmful influence of token volatility. This system will include the following types of token:
PLATFORM TOKEN (BGX): dedicated to supporting the economy of the platform and taking benefits of its capabilities. ERC20 compatible BTX token will be issued during the Token Generation Event giving the right to the holders to participate on the platform.
APP TOKEN (BGT): specially designed for internal use (as a method of payment) on the application-level for the purpose of platform stability through protection against volatility (not compatible with ERC20).
TOKEN SALE and ICO TERMS
BGX project team may be considered as one of the earliest adopters of blockchain integration into the mobile gaming industry. This fact attracts a lot of institutional investors and private individuals who invest money in the form of ICO - a new way of fundraising through issuing the utility crypto tokens of the project. Let us look into the details of the fundraising campaign.
The fundraising campaign will be based on BGX Token Generation Event and the emission of BGX Tokens is limited at 1,000,000,000 for the entire lifetime of the platform.
More ICO Details:
▶️ PRE-SALE DATES: Apr 24 – May 15, 2018
▶️ SALE DATES: May 22 – June 19, 2018
▶️ TOTAL SUPPLY: 1 000 000 000
▶️ SOFTCAP: $4 000 000 USD
▶️ HARDCAP: $50 000 000 USD
▶️ FUTURE EMISSIONS: NO
▶️ BGX TOKEN PRICE: 1 BGX = $0.10 USD
▶️ PRE-SALE GOAL: $3 000 000 USD
▶️ TERMS OF BGX SALE: 30 days with the possibility of an early finish once the hardcap is reached
▶️ PURCHASE METHODS: Bitcoin (ВТC), Ethereum (ETH).
▶️ ADJUSTABLE DISTRIBUTION: unsold and unallocated tokens will be destroyed
It must be emphasized that BGX investors will be able to receive 4 types of bonuses depending on the stage of ICO (see the dates below):
BGX tokens distribution will take place according to the following structure:
BGX Project Team
BGX project staff is quite large and consists of highly-qualified people having a lot of knowledge in the corresponding fields (blockchain technology, mobile applications, gaming industry, business development, software engineering and architecture, interface design, interaction design, data transmission, ICO marketing). It is noticeable that the co-founders of BGX project have selected the team members and advisors very carefully and this can really help this undertaking to achieve stated financial results and implement the concept of blockchain integration into the gaming ecosystem. More explicit information on the team members and advisors can be found in the official project whitepaper (p.54) by following the link: https://bgx.ai/documents/BGX_White_Paper_1.0.pdf
Conclusions
BGX project is very promising in terms of developing a new and unprecedented blockchain gaming ecosystem (BGX platform) taking into account the needs of application stores, gamers, sponsors, and developers. Embedded artificial intelligence and processing functions must facilitate the development of this unique technological solution in terms of democratizing mobile gaming industry. Both developers and gamers will be able to take advantage of fast and secure blockchain mechanisms and managing their gaming data in the controlled and smart way by using BGX and BGT tokens. This project is worth investigating in more details because the unique and innovative ON-CHAIN and OFF-CHAIN approaches can really result in facilitating the development of the applications industry. I would conclude that this undertaking is very encouraging in terms of high ROI so let us take a closer look in order to see the emergence of the new blockchain based gaming ecosystem.
PROJECT CONTACT DETAILS:
Website:https://bgx.ai/
Whitepaper: https://bgx.ai/documents/BGX_White_Paper_1.0.pdf
Telegram: https://t.me/bgx_group
Twitter: https://twitter.com/BGXGlobal
Facebook: https://www.facebook.com/BGXWorld/
Medium: https://medium.com/@bgxglobal
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2671591
The author of the article (on Bitcointalk):
https://bitcointalk.org/index.php?action=profile;u=1144629
Any feedback on BGX project would be really appreciated.
Thank you!
Gaming industry is constantly growing & developing. I think this coin should be in portfolio. Thanks for detailed review.
You are welcome, buddy. And I am glad you liked the concept of the project. Cause It is really impressive. Hope you will gain good profits!
Очень обширный обзор! Спасибо, почитаю вайт пайпер.
Yes, sure, no worries. If you have any questions, just let me know. I would be glad to answer!
Wonderful article! And a very ambitious project! I think this is a great option for investment.
I expect high ROI and thing that this project is one of the most well-thought among the recent startups.
Thanks for share! Great job as always. Just looking at the scheme of the project. It is rather complex project
Actually good things are always complex things. But I think if you read carefully the whitepaper you will be able to make everything more clear for yourself: https://bgx.ai/documents/BGX_White_Paper_1.0.pdf
Have a look into it and tell me what you think!
Perfect review. The project requires additional study of technical documentation, the idea is excellent and the softcap is small, I think they will succeed.
Oh, I don`t have a doubt that they will succeed. So let us follow their fundraising campaign!
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STOPSounds very promising! Will be looking forward more about this :)
Thanks, man! You can check their official website for more details: https://bgx.ai/
Nice project
It is actually so! Your feedback is really appriciated!
Absolutely vote up for this project
Yes! Why not) Concept good, the team is well-structured and experienced - what else needed for success? - Nothing!