Game Changer: a new universal currency for apps is a win-win for developers and users

2021-6-9 15:00

Despite its infant stage of development, blockchain technology has achieved some impressive improvements in speed and efficiency over the last years. The technology can now compete with traditional solutions in areas where it used to be inferior – such as transaction costs that were too high due to gas fees. Reaching a high degree of adoption by some of the biggest tech giants like IBM, the technology has already proven it is here to stay. It is only a matter of time before it penetrates the mobile industry and decentralized mobile apps start to appear. One project is already ahead of time with their novel cryptocurrency and blockchain-based app store.

An industry with an unlimited potential

Right now there are close to 4 million mobile apps for download on the Apple and Google Play stores. Buildfire forecasts that mobile apps will generate over $935 billion in revenue by 2023. Furthermore, according to PRNewswire, the size of the mobile app market will grow by over $650b in the period 2021-2025, resulting in a CAGR higher than 20%. Very few sectors can boast these levels of growth – one of them is the entertainment sector that currently surpasses 30% and is highly correlated to the mobile industry, since mobile games fall under the same category and are growing much faster than console and PC products.

Mobile devices are now used within virtually any sector we can think of, suggesting that our everyday lives in the foreseeable future will be underpinned by their role in the advancing levels of digitization. However, the mobile sector is not without problems – the market is highly fragmented, with only several key players occupying the leading positions and dictating the rules of the game.

Game Changer disrupts the scene

The Game Changer project combines a multifunctional, blockchain-based currency with an app store and a social media network. The GC token can be used for purchases in all apps in the Game Changer ecosystem and cashed out back to fiat or crypto, offering an unmatched degree of flexibility to its holders. Game Changer is debunking the classic concept of app-specific currencies that are non-refundable and worthless outside the particular application, a prevalent trend for mobile games today. 

By introducing a universal currency that can be used for cross in-app purchases, Game Changer essentially transforms the industry at its core. The traditional monetization methods and the way new products are brought to the app market are replaced with a more natural and productive form of competition that rewards quality. 

So far the race has been about who has the biggest budget – especially for marketing. Game Changer is taking care of the marketing of all apps within the ecosystem, as their interests are aligned with those of both the developers and users – if the quality of the products within the ecosystem is not good enough, users will be simply able to cash out their GC tokens back to fiat and spend them elsewhere. 

The same goes for every specific app that fails to meet the users expectations, allowing users to switch to a competitor or a different app quickly whenever they want. Especially in the context of mobile games, it has happened multiple times before that the developer’s studio decides to undertake some questionable decisions regarding the development of the game. For example, adding additional content in multiple steps, each of which are only accessible for a separate fee or, even worse, so-called “pay to win” microtransactions that can outright destroy the experience of any faithful player who spent hundreds of hours in the game. Users who have spent money on in-game items and are not willing to play the game anymore have to deal with the fact that all of the in-game currency they have as well as their items cannot be used for anything else. This is one of the factors preventing app users from committing funds and a problem Game Changer can easily solve by giving them that high level of flexibility.

Beyond that, the GC token also creates a whole new world of possibilities for both developers and users to earn real money. With a freely transferable and universal token, every digital asset that can be acquired within any app can be tokenized, essentially giving value to something that would otherwise be not transferable nor useful outside that specific app. Thus, Game Changer enables a concept similar to NFTs (Non-fungible tokens) in its initial version and, with its social network that will be introduced in the later stages of the project development, the facilitation of actual NFTs. 

Game Changer disrupts the scene

The Game Changer projects taps into two of the industries with the highest growth rate – mobile and entertainment – while utilizing the benefits of the yet to be fully discovered and adopted blockchain technology. 

To learn more about Game Changer, their token, its use cases and ongoing funding round with various bonuses for early adopters, visit https://gc-token.com/. 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

High Voltage (HVCO) на Currencies.ru

$ 0.0012187 (+0.56%)
Объем 24H $0
Изменеия 24h: 0.13 %, 7d: -0.82 %
Cегодня L: $0.0012066 - H: $0.0012233
Капитализация $0 Rank 8594
Цена в час новости $ 0.0147322 (-91.73%)

technology high new inferior such used traditional

technology high → Результатов: 126


Biconomy launches Forward Swap – a DEX that accepts gas fees in stablecoins

Decentralized technology is on a path of revolution — from traditional exchanges to decentralized exchanges, with the aim of facilitating a more convenient and secure trading space. Although the centralized exchanges conduct trade off-chain, it is necessary you know that despite the development occurring in the trading space, most of their existing challenges, especially the “high cost of transaction” are yet to be resolved.

2021-3-26 14:49


LABS is Launching on March 15, 2021 on Uniswap. Claim Your Giveaway Today!

It is undeniable that the real estate sector is ripe for a major revamping. There are high ticket prices for entry, majorly obstructing comprehensive inclusion to this segment. Presented with the opportunity to innovate, LABS Group has introduced an ecosystem built on top of the blockchain technology, making real estate infinitely more liquid, inclusive, and […]

2021-3-15 12:10


Фото:

TABANK Revolutionizing the Financial Services Sector with its One-Stop Crypto Ecosystem

With an integrated digital banking platform, TABANK, a Singapore-based crypto firm is leveraging blockchain technology to offer high quality and secure financial services solutions to a varied range of institutional as well as personal finance requirements in its One-Stop Crypto Ecosystem for All Needs Ecommerce, Wallet, Exchanges Crypto, Social network app. Also, the app is […]

2021-3-12 16:14


YFSwap to Turn Legacy Cryptocurrencies into High Yield DeFi Tokens

The DeFi movement is in full swing as platforms leverage of the capabilities of blockchain technology to create unique investment products capable of offering attractive returns. YFSwap is one such project that allows users to convert their legacy cryptocurrencies to much more flexible DeFi tokens and use them to explore various investment opportunities which is […]

2020-10-12 09:00


Фото:

Algo888: Safe trading algorithm receives praises

In order to be acknowledged by forex experts, one product must meet numerous high standards. Such criteria will be analysed and correlate to an algorithm that has been seen as an ideal tool for current and future forex traders Technology The best software powered by artificial intelligence with one of the most advanced risk management […] The post Algo888: Safe trading algorithm receives praises appeared first on BeInCrypto.

2020-5-19 13:30


Фото:

Monero is up 30% over the past week; what are the major factors behind its upsurge?

Monero (XMR), the biggest privacy-focused cryptocurrency by valuation, increased from $44 to $58 in the past seven days by a staggering 30 percent. Behind its abrupt increase in price are an all-time high hashrate, Coinbase CEO Brian Armstrong’s optimism towards anonymous cryptocurrencies, and Monero’s strong technology that allows for real anonymity.

2020-1-8 15:27


DACX ICO

Digital Asset & Commodity Exchange leverages artificial intelligence and high performance computing technology, optimized towards providing an efficient, secure and compliant marketplace with product solutions for both institutional grade and retail clientele.

2019-11-7 11:33


This bot that helps people with depression could be the future of therapy

In the UK, approximately one in four people experience mental health issues, according to the mental health charity Mind. Although illnesses including anxiety and depression aren’t a new phenomenon, research proves that mental health issues are at an all time high — and national health services, like the NHS, are struggling to keep up with the growing need for more accessible resources.

2019-10-7 14:09


In-person meatspace protocol to prove unconditional possession of a private key

Recommended pre-reading: https://ethresear. ch/t/minimal-anti-collusion-infrastructure/5413 Alice slowly walks down the old, dusty stairs of the building into the basement. She thinks wistfully of the old days, when quadratic-voting in the World Collective Market was a much simpler process of linking her public key to a twitter account and opening up metamask to start firing off votes.

2019-10-2 04:03


Фото:

Here

TLDR: Enter for your chance to win a gorgeous 65” Samsung QLED 4K Smart TV Football season is back! And admit it — watching brightly-colored uniforms clash at high speeds on brilliant green fields are probably amplifying every deficiency of your current television, right? We’ve got the answer…because we want to get you in front of top-of-the-line TV technology — for FREE.

2019-9-18 14:00


Panerora’s ICO Blockchain Payment Solution Is Ready to Change Africa

Banking services are not always accessible to everyone, not to mention that they sometimes come with high fees and slow processing time. But how can we change that? Well, Panerora.com has taken blockchain technology to create a revolutionary remittance system, that will provide its users with low-cost and fast transfers no matter where they are […] The post Panerora’s ICO Blockchain Payment Solution Is Ready to Change Africa appeared first on AMBCrypto.

2019-9-11 14:25


V SYSTEMS: Sunny King’s Proof of Stake VSYS Blockchain Finance Project

What Is V SYSTEMS? V Sytems (VSYS) is a blockchain-based database cloud project that aims to develop a secure underlying infrastructure platform for blockchain database. The project aims to deliver decentralized cloud database technology to conduct complex decentralized applications and support the operation of trillions of blockchain effectively with high scalability, durability, and performance. V […]

2019-8-5 23:29


Embodying taller avatars in VR can make us more confident in real life

The high immersive capacity of virtual reality is often acknowledged as its main virtue when compared to other media and communication technologies. It is indeed a defining virtue. However, when it comes to the virtue that could really position VR as a powerful positive technology in the market, we have to look at another key feature: avatar embodiment.

2019-8-1 18:10


Untraceable’s Futurist Conference in Toronto on August 13-14 offers 50% discount for tickets for Coinstelegram readers

Untraceable’s Futurist Conference is the largest and most high profile blockchain event in Canada held on August 13-14 2019 in Toronto. It brings together over 2300 attendees from around the globe to discuss the future of technology including blockchain, artificial intelligence, and other emerging tech that will disrupt our future. Futurist is held at Rebel […]

2019-7-31 12:32