BitGuild - The Better Gaming Industry With The BitGuild Gaming Platform Based on Blockchain Technology

Introduction

The games industry is one of the largest industries in the world growing annually and growing in value even last year in 2017 the industry is worth more than $ 100 billion and this year is estimated to be worth $ 125 billion. Games industry is experiencing a very rapid development because basically enthusiasts who want to play games also more and more, even more than 2 billion people in this world is a game lovers, and that's why the industry is growing rapidly.

And the increasing development of this industry provides a huge advantage to game companies, developers and ads companies that advertise games. But on the other side of the growing industry, more and more problems, such as the absence of a transparent system of game developers who only want the big advantage of low-quality games, game community both game companies and players in trouble with the existence of some regulations and as well as fraudulent acts in the gaming industry. In addition, the games industry is difficult with the game items that can not be transferred such as currency, account and pogress so that when it is lost it can not be accessed again. In addition some games can not be developed on a particular platform.And all the problems in this game can hamper the growth rate of the gaming industry, and since Blockchain technology is present in the games industry, it has a positive impact on the development of this industry, which provides many benefits such as transparency, and makes it easier for developers and gamers to get money from the development of the gaming industry. One of the Platform games that use blockchain technology to provide many benefits to gamers and game developers is BitGuild. Take a further review of BitGuild to find out what purpose and benefits it provides.

What is BitGuild?

BitGuild is a decentralized gaming platform built on a blockchain. The goal of the project is to solve several problems that hinder players and companies in the current video game industry. Usually, currency, items and accounts can not be transferred between games. This means that if your favorite game becomes obsolete, all progress is lost forever. On blockchain players have the opportunity to trade and sell their personal items.

PROBLEM:

QUO STATUS

In-game transactions, fees, rules and fraud frustrate companies and communities. Currencies, goods and accounts can not be transferred between games; meaning that if your favorite game is turned off, all progress is lost forever. In blockchain, markets and economies become efficient, allowing gamers the ability to trade and sell their creative products.
  
BITGUILD Platform Provides Several Solutions As Here:

• Match, All games take advantage of smart contract technology, receive PLAT, and feature tokenized game items owned by players and can be traded.

• Market, Virtual assets created on the BitGuild platform can be purchased and sold for PLAT in the Auction House. Auctions are decentralized and built using smart contracts.

• Design House, Developers will be able to raise game funds, game design, and game content in a transparent manner by utilizing PLAT.

• Wallet, Unlike traditional cryptocurrency wallets, the BitGuild wallet allows display of non-photographed tokens (such as game items and equipment).

• Transactions, Players can easily buy games, PLAT, and content at no additional cost. Devs avoid hidden charges, fraud, and receive fast payouts.

• Community, Community provides a place that fosters player-to-player and player-to-developer interactions. The goal is to create the world's largest international game community.

How does BitGuild work?

Currently some other gaming platforms have a centralized system which means that all digitals of assets owned by gamers can be controlled by the gaming company, and gamers have no control and access to develop their creativity. By using the decentralized Blockchain technology it is possible for Bitguild to give full control to gamers to have virtual digital assets on the platform so they can trade and sell the products they make on the platform. Bitguild will revolutionize the gaming industry using Blockchain and will also create an ERC20 token called PLAT token, and this digital token will be used to buy, sell, and trade in-game vitual assets.

The BitGuild platform will be built with Blockchain technology to make every character, item, and in-game asset truly unique and tradable, so that it can restore full control to the hands of gamers. As for example when playing a video game, before a "sword" in a video game is just intangible data on a private server, the weapon will now actually belong to the player in the form of a token on blockchain. They have it, they can also keep it, they can trade it, it's up to them. No longer will gamers be shackled by restrictions on what they can and can not do with their virtual stuff in a game or even in between games. With BitGuild blockchain technology can make all of this happen because blockchain technology provides high transparency and decentralization system makes it possible for everyone to have the same rights in the system.


Benefits of Bitguild:

• All games for blockchain

All games use blockchain technology and have a smart contract. They also accept the Plat currency and have special game items that the player can transfer between different games.

• Auctions

Virtual assets created on the BitGuild platform can be bought and sold for PLAT at the auction. The auctions are decentralized and built using smart contracts.

• Honest Payments

All players can easily buy various games and currency PLAT, without any additional commissions and fraud.

• Gaming community

One of Bitguild's ideas is to create a huge community of players who will popularize the platform by playing games and selling items.

• Developer support

Any developer can create his own game using Plat Crypto Currency

• Your wallet

In the wallet from Bitguild it will be possible to store not only currencies, but also the items that you found

Quite interesting features will have a platform, I think playing it will be a pleasure, especially as it will be possible to earn decent money for the sale of rare items.



ICO conditions:

On the pre-match which was in February, the team has already attracted more than 30,000 ETH and there are very few tokens left on the main sail. Let's look at the ICO conditions in more detail:

• Name of the token: PLAT

• Block: Ethereum

• Total tokens: 10,000,000,000

• Price of the token: 1 ETH = 80 000 PLAT

• Software: 5000 ETH

• Hardcap: 45000 ETH

• Accepted: ETH

• Maximum purchase per person: 1500 ETH

You can buy tokens by following the link - https://www.bitguild.io

Token distribution:

• On tokenseal 45%

• Bitguild Foundation 25%

• The team is 20%

• Advisors 10%

Who are the people and teams behind BitGuild?

BitGuild's founder team consists of several people who already have decades of experience in the games industry and Blockchain technology, they are Jared Psigoda (CEO), Curtis Chiu (COO), Mikhail Larionov (CTO), Sean Keith (Vice President, Business Development) , and many other team advisors.

Conclusion

So far there is no fair system in the gaming industry where game developers just want to get a lot of benefits from the content / games are minimum and low quality. On the other hand gamers also do not have full control of the virtual assets that exist on the platform games that they have. And with the presence of Blockchain technology into the games industry will solve the existing problems and provide more benefits to gamers and game developers. Inside the BitGuild platform there is an interaction between players with other players and also between players with developers who each benefit to create a community of the world's largest international gaming platform. 

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By Chusnul

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