Game X Coin (GXC) proposes a solution to this problem by building an ecosystem that connects game developers, players, and games using blockchain technologies
Game developers can adopt GXC in any way they wish to fit the mechanics of their games. For example, developers can utilize the GXC as a marketing platform, a reward for players, an in-game asset trade system, and even as a payment gateway.
- Increased Engagement
Game developers can grant new players with GXC coins or tokens to incentivize them to play a game. Coins or tokens will be utilized within the game to make purchases therefore the value goes back to the game developer.
- Low Comission Fees
Game platforms such as Steam impose a heavy commission fee (up to 30%) on game developers.
A high commission fee means lower profit for developers. To offset this, developers are often forced to increase their marketing budget to maximize their revenue or to build game mechanics that extract as much in-game purchases from the players. This could result in a serious degradation of player experience.
Implementing GXC gives game developers an alternative payment method. By accepting payments for in-game items in GXC coins or tokens, a game developer can avoid high fees dictated by a platform’s payment processor.
- Distribution Platform
As more players and games join the GXC alliance, GXC platform will naturally serve as a distribution and discovery platform. Because of the freely flowing economy between GXC games, players in the GXC ecosystem organically discovers new games in GXC ecosystem and can easily transfer their assets to a new game.
- Profit Distribution on P2P Transactions
Traditionally, commissions charged by third-party item trading platforms were not shared with the game developers.
GXC will share a portion of profit generated from item trades with the game’s developer. This new source of revenue for developers will motivate them to build game mechanics that encourage more player-to-player transactions thus building a stronger GXC economy as a whole.
For more information, visit: https://www.gamexcoin.io/