BGX is a multi-functional financial platform that will bring the entire economy of mobile games into the age of decentralized effectiveness.
The mobile games market is phenomenal. One of the most technologically adaptive and high spending sectors, it is comprised of over two billion players. By 2020, it will reach the threshold of $60 billion annual revenues. Yet, lack of recent innovation limits the earnings of its participants and threatens to decrease its astounding growth rates. Several critical inefficiencies hold back the full potential of this industry.
A special few major app markets share absolute control of the global distribution of games. They charge tremendously bold commissions, often reaching 30% of the revenues. In return, they give nothing more than basic functionality and access. No channels of monetization in line with modern technologies. No exchange of in-app tokens for players to avoid them having tens of untradeable game tokens. No support for cryptocurrencies. Dreadfully low security, troublesome for most business participants of the ecosystem. As a result of high fees and unfulfilled needs, 80% of game studios go bankrupt.
Now – there is BGX, which consists of an immensely powerful suite of financial features and an app distribution network. The unique cross-chain processing algorithm allows BGX to support up to a million transactions per second. BGX brings speed, security, and interoperability. The platform’s inner stablecoin is non-volatile, while the investor’s ERC20 BGX Tokens have unlimited potential for growth. Moreover, 60% of the platform’s revenues are given to the holders of the BGX Tokens.
BGX developed a powerful artificial neural network in the top research institutions in the world. The fuzzy AI network provides unrivaled protection and cheating and fraud, beyond the capabilities of current markets. Meanwhile, it also helps developers target their potential players on an almost individual level.
The BGX Platform is positioned for rapid player adoption. Players earn from their gaming time. They have access to a virtual wallet, which supports in-game, crypto and fiat currencies and makes them interchangeable. Game studios gain a powerful motivational tool in platform’s universal coin. They have access to many modern, platform-wide monetization channels – hosting tournaments, duels, streams.
There have been many gaming ICOs. Yet, the industry needs a true fintech solution, providing players, studios, publishers, ad networks, and investors with the opportunity to earn more while paying less to inefficient intermediaries. The mobile game sector is ready for disruption.
The BGX whitelist is open for registration. The pre-sale will start on May 8th and go for just one week. The Crowdsale will start on May 22nd and continue for one month or until all funds are raised.