This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below.
There has never been a better time for the gaming industry than today. Rapid advances in hardware, development of gaming engines, coding languages better suited for graphics, cheaper devices, faster connectivity and an ever-increasing interest from players around the world is constantly fueling the industry.
Expected to grow to a whopping $180 billion USD by 2021, the gaming industry is one of the fastest growing technology sectors. The industry’s growth heavily depends upon the ability of developers to satisfy the never-ending hunger of gaming enthusiasts. Blockchain, a decentralized technology that offers speed, efficiency and low costs, is no different. It is being adopted by the gaming industry to deliver a next-generation gaming experience.
Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists today. Click here to sign up.
XAYA, The Leader
XAYA is from the same people who created Huntercoin, the first true blockchain game. Huntercoin was a successful experiment back in 2013 which allowed users to combat for resources through one-on-one battles. The coins collected in the game were actual tokens. The game is still active more than four years after its initial release in February of 2014.
The team behind XAYA, however, envisioned a more comprehensive use of blockchain in gaming than developing just one game. XAYA is their latest offering, which offers a custom blockchain for game developers and players alike. The platform has some unique characteristics that enable it to cater to specific gaming environments:
- Gaming Channels: A modification of existing payment technologies for gaming, gaming channels allow for thousands of game moves per second to accommodate players simultaneously online.
- Ephemeral Timestamps: Through proper timestamping moves of players, cheating within the platform is made impossible.
- Atomic Trading: Like Atomic Swaps, this allows for players to trade different virtual assets and items within the XAYA ecosystem. The trading is not at all game dependent and can be eventually traded for other supported cryptocurrencies.
- Language Independent: Developers can use the coding language of their liking and simply publish the game on the network.
Exclusively on Liquid
The XAYA will host its token generation event (TGE) through Liquid, a composite of Quoinex and Qryptos exchanges. With access to 17 major cryptocurrency exchanges worldwide, Liquid offers the best exchange rate at the fastest liquidity rate ever. The Liquid platform supports others to launch their TGE and XAYA is the first one on it.
With a combined trade of $200 million USD per day from its parent exchanges, Liquid is already a market leader. By using Liquid, XAYA will have exposure to thousands of possible investors.
With the token generation event of XAYA’s native token, CHI, live on Liquid, investors can acquire it for 0.00002 BTC = 1 CHI. A standard KYC procedure is mandatory to take part in the event. Of the 115 million CHI available in the event, the first four million tokens carry a 15 percent bonus. To avoid unwanted changes in value, tokens not distributed at the end of the event will be destroyed.
For more information about XAYA’s gaming platform, please visit their website.