Article Summary, Automatically Generated By AI
Summary of BlockGames
Key Points
- BlockGames is a platform that rewards mobile gamers and publishers with data ownership.
- Since its launch on February 1, 2024, it has distributed 1m+ Universal Player Profiles and generated $400k+ in revenue.
- The platform has raised $6 million in funding to continue developing its rewarded data ownership ecosystem.
Problems & Solutions
- Mobile gaming sector issues: fragmented player identities, lack of interoperability, and opaque advertising model.
- BlockGames is developing solutions for User Acquisition, Player Engagement, Personalization & Monetization, Esports Identity & Reputation, Feedback & Testing, and Bot Prevention
About BlockGames: Unlocking the Future of Blockchain Gaming
Introducing the BlockGames Player Network: A Revolutionary Gaming Ecosystem
BlockGames is ushering in a revolutionary era of rewarded data ownership, empowering mobile gamers and publishers globally. By establishing a vast, interconnected Player Network, it fuels the development of pioneering publishing applications and immersive gaming experiences, driven by incentives within thriving real data economies.
Since its official launch on February 1st, 2024, the innovative “Rewarded Play” application has successfully distributed over 1 million “Universal Player Profiles”, yielding a substantial revenue of $400,000+ (and steadily increasing) for more than 50 partner mobile game publishers. This achievement is complemented by the seamless integration of over 300 high-quality traditional mobile games. Furthermore, during the first quarter of 2024, the BlockGames team secured a significant investment of US$6 million to further develop their pioneering rewarded data ownership ecosystem for mobile games.
Challenges and Their Respective Solutions
The burgeoning mobile gaming sector, despite its remarkable growth and vast potential, remains beset by inherent issues, including the fragmentation of player identities, a lack of seamless interoperability across games, and an opaque advertising paradigm that fails to adequately reward user engagement. These lingering challenges continue to undermine the overall gaming experience, thereby stifling the industry’s growth potential.
BlockGames is presently developing a suite of innovative tools and mechanisms designed to facilitate User Acquisition, foster Player Engagement, and provide Personalization & Monetization solutions, as well as Esports Identity & Reputation management, Feedback & Testing capabilities, and Bot Prevention or Interoperability solutions, all tailored to meet the unique needs of mobile game developers and publishers globally.
The $BLOCK Token
$BLOCK is an ERC20 token native to the Ethereum blockchain, serving as the primary medium of exchange within the BlockGames ecosystem. It facilitates seamless interactions among players, games, and applications, while offering incentives tied to the network’s revenue and growth. By doing so, it encourages users to develop their Universal Player Profiles and engage with decentralized applications and games.
$BLOCK also serves as a facilitator for all data read and write transactions between players and applications, enabling seamless interactions. Furthermore, it enables instant exchange to xBLOCK, which is utilized for in-app purchases across all interconnected applications. Additionally, $BLOCK can be staked to earn supplementary rewards and grants governance votes, thereby empowering holders to influence decisions on the BlockGames platform and community affairs.
The $BLOCK Token Economy
$BLOCK serves as a primary incentivization mechanism, motivating users to connect to the BlockGames infrastructure and engage with dApps and games within the ecosystem, all while maintaining control over their data and cultivating their Unique Player Profile (UPP). The rewards are directly tied to the protocol’s revenue and growth, with increasing revenue and size yielding higher reward emissions.
- Community Pre-sale (5%) – 15% unlocked at Token Generation Event (TGE), followed by a 6-month cliff, and subsequently, a 15-month linear vesting period.
- Community Rewards (30%) – 10% unlocked at TGE, with a 36-month monthly vesting schedule.
- Ecosystem (33%) – 10% unlocked at TGE, followed by a 36-month monthly vesting schedule.
- Team (15%) – 0% unlocked at TGE, with a 9-month cliff, and subsequently, a 36-month linear vesting schedule.
- Investors (17%) – 10% unlocked at TGE, with cliffs at 9, 18, and 15 months, respectively, followed by linear vesting schedules.