BGX - Review
The BGX platform is an innovative idea to return power to the hands of players and developers, as well as from the systems of middle man.
BGX is a decentralized Platform on the blockchain, which is aimed at the revolution of mobile games and their processing. BGX plans to integrate its platform into these mobile games and make the economy of video games tied to its own BGX token. Integrating the crypto currency into mobile video games, developers are able to monetize their games more efficiently and pay significantly less in commissions, which leaves more money in the pockets of the developer. Now players can earn crypto currency in the games they like, and can cash their rewards for other crypto or even Fiat through exchange.
Problems of a growing market
In today's gaming market, there are many problems that deter developers and gamers. The lack of decentralization is present, which is harmful for gamers, because centralized games have unfair prohibitions, loss of subjects, central attacks and delays of intermediaries. Most games have conditions for providing services that can be unfair to every gamer, and if the player is banned, they can not do anything. If a player is blockchain, he loses control over his items, over which he worked hard to get them. Because the Platform is centralized, attacks can be performed in one Central location.
Another problem in the foreground is the time delays that can arise when using commissioner's transactions. Bank transfers, PayPal transactions and credit card purchases can have delays that will cause the gamer to receive items late, and developers will be paid late.
The entire centralized process and related economies have created popular app stores, such as Apple and Google Play. Unfortunately, these stores take a large percentage of the developer's income, literally leaving them a penny. This can lead to the closure of games, and statistics show that 80% of developers do not earn enough money to continue supporting applications.
In fact, the gaming economy is a relatively new market and has experienced serious growing pains. Most games today do not have special AI-engines, so they do not have reliable solutions and protection against fraud. More than 90% of video games on a mobile platform are free of charge and therefore depend on various methods of monetization for obtaining adequate income, and on traditional platforms - these methods are not always supported.
Solutions
By itself, the GBX platform is an integrated solution to these problems, because the platform supports advanced functions and technologies, combining 2 main advanced technologies - blockchain and artificial intelligence. For game developers, a decision was also made to reduce the cost of direct release of the product. It's just that the network takes three times less commission fees (10%) than centralized platforms do. Also, the platform opens up other ways of monetizing and earning money for all parties of the market.
Goals and objectives
BGX has many goals for its platform, which include the availability of mobile applications for Android and iOS. Most mobile gamers use these platforms, and therefore, releasing games on both, it opens up a wider market. BGX also wants to have a smooth payment processing system that can efficiently process transactions with phiatic and crypto-currencies. BGX understands that crypto currency is new and it can be difficult for gamers to understand its goals right away and therefore they create convenient implementations such as an independent processing system.
The user's wallet will also be crucial, so players do not need to worry about a few wallets, but instead all their payments go through one simple place. Developers will need a separate system, so BGX plans to create it, which will help simplify accounting for developers when receiving or sending tokens.Monetization will be key for developers, as this will be their main source of revenue, and it is important for players if they receive rewards for viewing ads, etc. Record lists and achievements can easily be confused in a traditional system, and so BGX develops controls on based Artificial Intelligence to keep accurate data to ensure that experienced gamers are rewarded.
Sale of BGX Tokens
After a very successful private and pre-sale, the BGX team decided to implement parts of the platform before the sale of the tokens.
Advantages for different parties
For developers, the platform can provide a whole range of functional and effective tools aimed at integrating crypto. The services offered by the platform will help developers to give more attention to the mechanics of the game and to its gameplay, fully focusing on the technical part of the development. The platform greatly simplifies marketing actions, allowing to integrate into the product the crypto currency and alternative methods of monetization. Among additional opportunities for earnings, one can also note the possible growth of the GBX crypto currency, which will also lead to higher earnings.
Players also get an opportunity to earn, as in games there will be built-in advertising, for viewing which will be credited the system's currency, which later can be exchanged for another currency. Also it will be possible to collect different bonuses, participate in the overdraft program, even different kinds of competitions will be held, to earn cash to the players.
As for marketers, they will open many new channels to attract customers to the application or game, and also get an additional return on the investments that were invested in the advertising campaign. In addition, the common economy of tokens, which provides easy emission and integration of platform-based crypto, can help the cause.
Now, the holders of the tokens. They will have the opportunity to participate in a growing project, also it should be noted that the platform even encourages participation in the life of other products and their commercial success, which, in fact, no other centralized platform does. Token holders will also have access to their own economies.
Platform Advantages
Among the advantages of the platform, I would like to mention the used artificial intelligence, which will help improve the platform's security. Also, neural networks can facilitate many functions, and also process trade differently - more quickly, dynamically and honestly.
In addition, an advantage can be called a project token. It is converted into all other currencies, which will allow developers to promote their product using advertisements or tournaments held on the platform. Thanks to a token in the plus, even the players who will be available special actions on the platform, for which the funds will increase.
Outcomes
Thus, BGX is a revolutionary project that breaks into the mobile games industry, making it profitable for all parties. It removes expensive investments in the form of high commissions for the platforms on which the product will be placed. For players there is also an opportunity to earn, and marketers can discover new ways to attract customers.
Earlier it was noted that the project successfully conducted the sale of tokens, which is also noted by the fact that people believe in it.
Website: https://bgx.ai/
WP: https://bgx.ai/documents/en/BGX_White_Paper_1.0.pdf
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Telegram: https://t.me/bgx_group
Twitter: https://twitter.com/BGXGlobal
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