BITCOIN CROWN – Smart Cryptocurrency for Gaming World

 

Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.

ABOUT BITCOIN CROWN

BTCC is a new cryptocurrency (ERC-20 Token) and smart contract platform that gives game developers, content creators and gaming communities the required cryptobacked value and tools for implementing and managing virtual goods.

Bitcoin Crown will be the largest gaming community creation platform online:

250,000 gaming communities across thousands of games worldwide

20 million registered gamers

Launched in 2017, based in UK

70M global views per month

Gaming focused Content Management System and Forum creator

Millions of USD per month in virtual goods sales across BTCC community stores.

Bitcoin Crown is introducing BTCC a new cryptocurrency (ERC-20 Token) and smart contract platform that gives game developers, content creators and gaming communities the required cryptobacked value and tools for implementing and managing virtual goods. The Bitcoin Crown platform will have full support for these tokens in the next 6 months.

Bitcoin Crown will develop a powerful framework of open-source software development kits (SDKs), wallets, game plugins, virtual item management apps and a payment gateway platform.

EXPLORING BITCOIN CROWN PLATFORM

THE PROBLEM FACED IN THE INDUSTRY

Payment Fraud

It is estimated that for every legitimate virtual purchase made, there are 75% virtual items lost to fraud, Assets stored and managed online can be open to manipulation or chargebacks. Merchants have to deal with extra burdens, and scammers damage the game’s reputation.

High Fees and Slow Transactions

Game publishers and communities rely on third-party platforms to process virtual goods transactions. Gamers encounter slowness, opaque fund flow, and high transaction fees.

Lack of True Ownership & Rarity

Virtual items are, in-essence, licensed to the gamer and are often only available for use on their proprietary platforms. At times they can be manipulated, lost, or taken back with little recourse for the user. Genuine transparency is missing.

Locked in and Centralized

Digital items and currencies are usually locked to a single game and not transferable. Trading items outside of the game environment is cumbersome and difficult. If a player gets banned, they can lose all of their items and currency.

No open standards

There are currently no widely-accepted standards for decentralized currencies and assets in games. The user experience is often an afterthought, so users don’t know what to expect.

Expensive & time-consuming

Developing a platform for managing virtual goods is time-consuming and costly. The complexity of managing a virtual economy on proprietary infrastructure delays time to market. Security concerns introduce a further set of difficulties.

Lack of value gamification

Value based gamification features are lacking in content management systems and forum software. Users do not get rewarded in real world value for participation or contribution.

SOLUTIONS THAT BITCOIN CROWN PROFERS

BTCC will develop tools that enable game publishers, game servers, and communities to manage virtual goods and in-game items across multiple platforms. Monetization using BTCC Coin will be a key focus with robust features and toolsets provided. Great benefits will be gained by utilizing a decentralized platform and the supporting frameworks.

Custom Coins as game items

The same mechanism for minting Custom Coins may be used to represent unique game items. In this scenario, BTCC coins would be used to mint one or more Custom Coins representing a game item that has value tied to it.

FEATURES OF BITCOIN CROWN PLATFORM

Today’s gamers and website users demand fast and snappy user interfaces.

The Ethereum network is currently limited in throughput because it has an average block time of 17 seconds (potentially up to 30 seconds).

Future updates to Ethereum aim to improve block times to 3 seconds18 (Casper) and allow transfers within milliseconds19 (Raiden).

Both of these updates are planned for late 2017 to early 2018. As the standard block times may impose some delays, we will achieve a modern responsive experience by using off-chain notifications.

Trusted Platforms will send an instant notification to the user’s Smart Wallet for each Transaction Request. When the transaction is accepted by the user and created on the blockchain, the wallet will call the Trusted Platform API with the transaction to watch. The game or website can then be updated immediately with a placeholder item or non-tradeable version of the asset until enough confirmations are reached to allow full ownership of the item. In the case of in-game currencies, the user’s balance would immediately update in the game but any unconfirmed portions would be locked from spending until the appropriate numbers of confirmations are reached on the blockchain.

The BTCC Coin SDK will display confirmed and unconfirmed balances when listing BTCC and custom assets, to make implementation easy and clear. After Raiden and Casper updates are deployed on the Ethereum Network, these safeguard measures will eventually become imperceptible.

BTCC will be testing the Raiden Network for lightning-fast asset confirmation speeds as soon as the Developer and minimum viable product (MVP) releases are completed, later this year.

BTCC “Smart” Wallet

A key component in making everything easy to use is the BTCC Wallet. Building on existing light wallet design, the BTCC Wallet streamlines the user experience further by integrating with games and websites that the user trusts. User accounts on each trusted platform will be synced to the user’s Ethereum address.

We call this a “smart” wallet because of multiple pieces of functionality that work together to simplify the user experience:

The Platform API is used to correlate verified gaming and website accounts.

Transaction Requests are sent from trusted platforms directly to the wallet.

Subscriptions are confirmed and managed by each local wallet.

Transaction limits and thresholds enforced by the wallet’s smart contract.

Smart Contracts are used in the background for data & displayed in a clean UI.

Local rules can be set up for accepting and automating Transaction Requests.

BENEFITS OF BITCOIN CROWN

Benefits to the Community

Benefits to the Community include: Gamify your website and mobile community with special BTCC Coins, Improve user participation and contributions in forums and walls, Auto-awards and prepare state-based triggers, Recap your community with in-game items on the server or game.

Benefits for Game Publishers / Creators

Benefits for Game Publishers / Creators include: Create new tokens to represent virtual currency, game items, or privileges. , Create and manage virtual stuffs programmatically or through apps. , Create limited time or subscription based virtual goods. , Mint items that can not be exchanged or special edition items. , Set up a virtual goods store. Run a decentralized payment gateway without an intermediary. , Transparent transactions. Prepare report and commission system. , No fraud, chargeback or cancellation. , Minimum fee for blockchain transaction and no commission fee.

Benefits to Gamers

Benefits for Gamers include: Buy & sell goods without risk of fraud. , Trade between game items from various games using Bancor for liquidity. , Bring your currency with you in any community or game and keep the value. , Having a valuable currency and rare items that can never be taken. , Use the BTTC market and social networking to find and trade game items. , Generate BTCC coins to play the game. , Convert custom virtual items straight back to BTCC Coins and keep the value.

TOKEN AND ICO DETAILS

Name: Bitcoin Crown (BTCC)

  • Total Supply: 70,000,000 Token BTCC
  • Total Allocation: 50.000.000 Token BTCC
  • Hard Cap: $ 10,000,000 USD
  • Soft Cap: $ 2,500,000 USD
  • Currency: ETH

Spend Allocation

BTCC Token Allocation 

Only 70 Million BTCC tokens will ever be created. Among them 20 Million will be send as bonus tokens. The BTCC tokens are intended to be allocated as follows:

  • 60% (30,000,000) to be sold by BTCC to Crowdsale purchasers minus any bonuses applied in the Crowdsale Period.
  • 20% (10,000,000) reserved by the Company to incentivize community, beta testers, marketing and strategic partners.
  • 20% (10,000,000) to be distributed by the Company to the BTCC Coin Team and Advisors.

Unsold Tokens & Team Vesting

● Any unsold tokens in Crowdsale will be burned.

● Team tokens are locked for the first 6 months, and will be vested over a period of 24 months total. Team members will be transferred 25% of their tokens after 6 months, and then 12.5% every 3 months afterward. The team list may be updated during the 24 month vesting period.

● Advisor tokens are locked for 2 months and distributed fully.

ICO START DATE ; MAY 15, 2018

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.

The Executive Team

ICO Advisors 

Technology Team

WHY YOU SHOULD CHOOSE BITCOIN CROWN

A decentralized platform to manage, distribute, and trade virtual goods.

Giving Gamers and content creators a new model of virtual ownership.

The first easy to use Gaming Cryptocurrency

BTCC Coin is the first cryptocurrency with an authentic purpose for online

gamers. Earn and trade virtual goods in the most popular gaming community creation platform online.

SDKs for the Game Industry

BTCC Coin platform is made for the game industry. SDKs for multiple languages, wallets and payment platforms will be available and completely open-source.

A new gaming experience with real ownership & value

Online gamers can bring or trade their assets from game to game, community

to community, growing their digital wallet with real value as they play.

A solution to Fraud & High Fees

For every legitimate virtual item purchase 75% items are lost to fraud.

BTCC Coin minted Tokens will create trust and security with minimal transaction fees.

Backed by Communities & Creators Millions of engaged gamers

BTCC’s millions of highly engaged users socialize and work together to create unique communities, game content, and virtual economies. By providing the tools they need, BTCC empowers these creators to monetize their content.

Be a part of this tremendous project and follow these links for more information;

Website: http://www.bitcoincrowncoin.com/

Whitepaper: http://www.bitcoincrowncoin.com/legal/white%20paper.pdf

Ann Thread: https://bitcointalk.org/index.php?topic=3194641

Twitter: https://twitter.com/BtcCrown

Facebook: https://www.facebook.com/BitCoinCrownofficial

Discord: https://discord.gg/C62XaVV

Reddit: https://www.reddit.com/user/BTCcrown/

Medium: https://medium.com/bitcoin-crown

GitHub : https://github.com/Bitcoincrown

YouTube : https://www.youtube.com/channel/UCRmFW2y8jjp6pXn6kLSGPzQ

Telegram: https://t.me/bitcoincrown

Author

nugezmils

BITCOINTALK PROFILE

https://bitcointalk.org/index.php?action=profile;u=1729621

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nugezmils

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Comments: 1Publics: 585Registration: 13-03-2018
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