The present gaming industry does not favor new projects. Old or popular projects seem to have taken over the market with their continuous and unending franchise and repetition of old actions (play methods). They spend more than half of their revenues on advertisements, marketing, and promotions. The effect of this is that they spend less on the game or project, this is why many games today are only dwelling on their past glories as the franchise loose meaning and originality with unending storylines thus becoming soulless. They do not want to try new methods, instead, they remain complacent on tested old methods as they do not want to face risks of releasing new games. New games or new developers are driven out of the market because they lack the necessary funds to market or promote their project as the ‘whales’ do. Yet these new developers are filled with interesting games but very low visibility.
On the other hand, the percentage of game players that truly earn from their in-game achievements are very low compared to the population of the game enthusiasts there are. There are millions of active game players around the world while only a few thousands truly earn from it (these are the professional gamers and they earn through centralized eSports bodies). Other gamers who earn do so by selling resources through in-game messages, social forums, etc. This has a lot of risks as the seller may not send the resources to the buyer after the buyer pays, or the buyer may not pay after receiving the resource.
I am a game lover. I love to play action games, but today I see only shadows of the old games as I see new releases from the popular developers. You must have also noticed that many of these popular games we play today are only close-to or exact copies of games we have seen before. The game might be exciting at first but, playing on, it becomes boring. It seems to me that these popular developers we see today are only selling names. Being a game lover, I have NEVER earned from playing games but I’d love to.
Cryptohit is a platform that leverages the blockchain technology through it great characteristics of transparency, irreversibility, etc. to change the present challenges facing the gaming industry. It has great advantages for the players and developers.
CryptoHIT is a project designed to create a new generation decentralized platform for games using blockchain technologies and smart contracts based on Ethereum.
I’d like to focus more on the advantages of the platform to the game players
Advantages of Cryptohit to game Players
On the platform, players need not worry about starting new games all over again when they have great achievements and great in-game merits. The platform allows that the merits or credits you earn from a game to be used to purchase starter packs for the new game you are starting. Players’ in-game achievements are stored on their profile and the tokens they earn from a game are usable on other games on the platform. The platform is in a way like the Googleplay Games app, but it is far more beneficial to game players.
Google play games Vs Cryptohit
Google Play Games application helps to combine all user’s game progress and achievements in a place. With google play games, you do not need to worry about losing your game progress when you change device as it is attached to your profile. But it does not promote socialization and interaction of different players. Cryptohit platform, on the other hand, does not only keep your gaming records and achievement for you, but it helps you to showcase them to other players. The Cryptohit platform also allows players to socialize and interact. You could literarily build a colony on the platform. Not just this, players enjoy the ability to easily monetize their gaming achievements, resources, and tokens. The earned in-game credits or units can be exchanged to Galatic Credit Coins, GAC, (platform token) and the GAC can be converted or exchanged into Etherium. Players get to enjoy different gaming modes and betting on the platform thus earning while they do what they love to do. The platform is better than other centralized platforms because it leverages the blockchain technology. Some of the benefits that the platform presents as a decentralized system built on the blockchain are:
- Low transaction costs
- Security (since it is working on a decentralized ledger system, the platform it resistant to hacks and gamers with bad intentions. Transactions on the platform are automatically stored on the blockchain where they cannot be hidden or altered).
- GAC can easily be converted to etherium on the platform, and etherium can be converted to GAC.
I am more excited to see this kind of project. Now I can earn by playing the games I love on the platform
Advantages to Game Developers
The platform gives developers, who seek to popularize their exciting games, the power to do so by presenting them with great tools to do so. The platform allows developers to easily integrate their games on the platform. Developers can reward players in GAC tokens for achievements. The developers can also create tasks or referral challenge for players and as they do so, they are rewarded. The platform gives the developers the visibility they need to move their projects to unimaginable heights.
Games on the CryptoHit platform
Some games that will be on the CryptoHit platform from its launch are:
- Goldminer’s Game
- Smart War
- War Band
- The Scent of Freedom
Other games will be included as game developers registers with the platform.
Images source: Whitepaper
For further information on CryptoHit, you can read:
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