About PlayCoin
Overview
PlayCoin is a new cryptocurrency to use as digital currency within the GameHub ecosystem helping both game developers and online influencers to earn more profits and create a more fair and competitive environment.
The Game Platform Based on Blockchain Technology. PlayCoin was established to innovate the structures of monopolized gaming and digital marketing industry. Reward-based media contents platform and social-based game platform are provided by being linked with blockchain technology.
GameHub Ecosystem
GameHub is an online gaming ecosystem that aims to disrupt traditional online gaming monopolies by applying blockchain technology to streamline mobile game downloads and digital marketing to eliminate middlemen. GameHub has created PlayCoin as a new cryptocurrency to use as digital currency within the GameHub ecosystem helping both game developers and online influencers to earn more profits and create a more fair and competitive environment.
Industry Challenges
Currently, a few big players like the Google Play App Store and Tencent have monopolies on game downloads and charge 30-80% commissions to game developers for these downloads.
In Southeast Asia, additional profits for game developers are eroded by low credit card penetration rates and reliance on gaming gift and prepaid cards for game downloads who also charge between 40-65% in commission fees (as opposed to credit cards that generally have a 3% fee). This means nobody but the largest of game developers have enough profit left to advertise and promote their game(s).
GameHub Solution
GameHub will provide an alternative game download platform with lower commissions as well as provide online Influencers to promote mobile games through performance-based Smart Contracts.