Categories: Business & Finance

Refereum: Earn income while playing games

In theory, blockchain is not a very innovative technology. It is more inclined to a new application mode that combines distributed data storage, peer to peer transmission, consensus mechanism, encryption algorithm and other computer technologies. So I think technology will never be its focus, the application model is!

From the existing solutions or applications, the combination of game and blockchain technology is mainly at two points: asset circulation and platform.

Asset circulation

The virtual assets such as tokens in the game are distributed as digital assets based on the blockchain. The advantage is that the circulation is more convenient and the cost is lower.

Platform

This is the decentralized e-sports platform on Ethereum – based on the decentralization of blockchain technology to solve the trust problem of the central platform, and use smart contracts to solve the problem of bounty payment. A bit like the nature of gambling, compared with the current gaming platform, the rules are more open and transparent, and there is no problem of platform fraud. And with smart contracts, the process is much simpler. Therefore, gambling and competitive games can be considered for cooperation with the blockchain platform.

Related Post

Refereum

It is a collection of the above two methods. It implements content distribution, copyright crowdfunding, IP transactions, etc. through blockchain technology. It is a community platform that covers the development, operation and distribution of game projects. The token rfr on the platform is used as a platform. The lubricants of this process, whether it is the release of games, or IP transactions, including investment, are priced by platform tokens, and tokens are derived from digging pits and users’ contribution to the whole ecology, so it is a very complete game ecosystem. .

Solving the common platform monopoly problem by means of token incentives can promote the enthusiasm of game developers and players. The traditional game platform may be replaced by this decentralized blockchain platform, and more returns to Providing the service itself, rather than relying on monopolistic traffic to gain benefits.

 

 




  • William Blanchard

    Recent Posts

    Heart Attack Causes and its Solution

    What is the Main Cause of a Heart Attack? What is its Solution? A heart attack is the blockage of… Read More

    11 months ago

    Understanding the Debt Ceiling: Its Impact, Importance, and Implications

    In the vast economic arena, one term that often takes center stage, inciting extensive debates and discussions, is the "debt… Read More

    1 year ago

    De-Dollarization: The New World Order of Currency and Its Global Impact

    De-Dollarization: The Changing Face of Global Finance The financial landscape is in a state of flux, with an intriguing economic… Read More

    1 year ago

    Unstoppable Bayern Munich: The Story Behind Their 11th Consecutive Bundesliga Title

    The curtains closed on a dramatic Bundesliga season with Bayern Munich standing tall once again, clinching their 11th straight title.… Read More

    1 year ago

    Celine Dion Cancels Concert Tour Due to Deteriorating Stiff-Person Syndrome

    The Unfolding Story of Celine Dion's Health In recent news that has left fans across the globe stunned, iconic singer… Read More

    1 year ago

    Navigating the Crossroads: LeBron James, Anthony Davis, and the LA Lakers’ Uncertain Future

    As the echoes of the recent NBA season start to fade, the attention of enthusiasts is firmly glued to one… Read More

    1 year ago