What Is RevolutionGames (RVLNG)?
RevolutionGames The advent of Blockchain technology has impacted every sector across the globe and the gaming industry is no exception. According to a survey conducted by Statista in late 2019, almost 23 percent of gaming executives in the U.S. stated that Blockchain technology improves security in gaming platforms whereas 19% revealed that the technology establishes customer trust.
With over 2.5 billion gamers across the world, it is estimated that the global gaming market will amount to 268.8 billion U.S. dollars by 2025. Online gaming is a part of daily life for many individuals. Gone are the days when multiple players used to play video games inside a closed room. The advancement of technology has made it possible for worldwide gamers to interact with each other.
RevolutionGames Gamers of today’s modern era love to spend real-world currency on online games to gain the best gameplay experience. According to a report by Newzoo, the cost that consumers spend on online games is expected to reach up to 200 billion U.S. dollars by 2023. However, many new problems have emerged in online gaming over the last few years. The lack of trust and transparency between gamers and service providers are a few of them.
RevolutionGames Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | SIU2022 |
| Short Name | SIU |
| Circulating Supply | 160,000,000.00 RVLNG |
| Total Supply | 400,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Problem Statement
RevolutionGames In the present-world gaming industry, a multitude of VR games are based completely on a centralized model. The whole data and information that includes account information, server history, player details, game assets, awards, etc are stored on a central server that is controlled by a centralized authority. Though the gaming company acts as an administrator, gamers don’t have any ownership of their account information, gaming assets, and rewards. In addition to that, gamers also face several problems such as:
Lack of Transparency in the Inner-game Mechanics
RevolutionGames In today’s gaming platforms, gamers have to buy some assets such as guns, virtual tokens, props, coins, etc. to complete their mission. Since these assets are limited or scarce in supply, players have to spend some realworld money to acquire them in large quantities. Though all assets are virtual, game developers can rig the market by producing them in unlimited amounts and selling them t0 certain players
System Infiltration by Cyber Attackers
Online gaming platforms hosted on centralized servers are vulnerable to cyber attacks posed by cyber vandals and hacktivists. Moreover, virtual assets placed in gaming accounts are liable to be stolen easily.
Solution
RevolutionGames is an advanced sports gaming and ticketing platform that enables gamers to use cryptocurrencies for gaming, ticketing, fantasy sports, and earn lucrative rewards. It is loaded with several features that not only provide a seamless gaming experience to gamers but also overcome several problems of the traditional gaming platforms. The platform offers the following benefits to gamers:
Decentralization
Revolution Games is completely decentralized, which means gamers can buy or sell their assets on a peer-to-peer basis and earn profits. It enables gamers to transact instantly without any hefty transaction charges. It also restricts gaming companies from locking in-game items or making them untradable
Transparency
RevolutionGames offers complete transparency, which increases gamers’ trust and reduces the likelihood of fraudulent schemes. Gamers can buy or sell virtual assets at a fair price and can track the information easily
Tokenomics
60% Tokens for trading on exchange
17% Marketing, Charity and Development
13%Dev. wallet
10 % Rewards and Compensations prize
15% 25%20%
PresaleIEO Trading on Exchanges
Technology Used
The Revolution Games platform has been developed using Binance Smart Chain- a smart contract-enabled Blockchain platform created by Binance that runs in parallel to the Binance Chain. It provides a full-fledged environment to programmers for developing high-performance decentralized applications. It is an independent blockchain platform that could run even if the Binance Chain went offline. BSC utilizes Proof of Staked Authority (PoSA) consensus and is compatible with producing a new block every 3 seconds.