EcoG9coin is a blockchain-based platform built on Ethereum protocol for online/offline game services. To put it simply, EcoG9coin is a new game service based on blockchain that aims to allow users to play games using cryptocurrency. EGC is the native token of this platform used for transactions and payments across the blockchain-based EcoG9coin main system.
The gaming industry is one of the potential sectors to create a new ecosystem. Further, games with an integrated payment system likely appeal to adults, teenagers, and females. With time, there is also an opportunity to expand to hotel, shopping, transportation, leisure, and cultural content businesses. However, gamers are vulnerable to risks such as scams, unclear local regulations, unpaid rewards, illegal incentives, inaccurate commission fees, payment cap, and account failure that discourage them from using the gaming services.
Therefore, the project aims at solving these problems via a robust, faster, and reliable security environment based on blockchain, excluding the intervention by intermediaries. The project thus seeks to maximize the synergy effect by integrating online and offline gaming services based on a sustainable revenue model via EcoG9coin.
Being Ethereum based, the platform is scalable and has overcome the limitations such as delayed speed and privacy control. The platform software seeks to provide accounts, authentication, distributed database, and application scheduling. As a result, transactions seek to be processed quickly, safely, with speed, and at a lower cost.
Further, the project aims at creating a new market economy ecosystem facilitating the use of EcoG9coin and increasing coin valuation by applying blockchain technology to game services. This ecosystem aims to provide an integrated platform that spans hotels, resorts, transportation, restaurants, and entertainment industries as well.
To do so, the project team focuses on Gamelands and expands the user base by utilizing NFC-type crypto wallet to seek to ensure reliability and safety. NFC (near-field communication) as a communication protocol allows communication between two electronic devices. An NFC wallet's function is to reserve cryptocurrency coins and protect confidential digital assets like secret text codes or essential passwords.
Also, the project's mission is to improve the quality of life for the disabled. That's why part of the exchange revenues incurred during the process aims to serve social contribution purposes such as building education facilities, hospitals, and social welfare centers.
With EcoG9Coin, users seek to enjoy their games much faster and more transparently while their identity remains verified and protected. Users can use the mobilecrypto wallet linked to EcoG9coin App and Web to store and transfer the game credits in their accounts or exchange to EcoG9coin.
Not only games, but the token also seeks to have multiple uses in the hotel, shopping centers, logistics (network) sales businesses, and relevant facilities. The token also functions as a governing token, where master node operators and smart wallet owners would review and vote on the proposals, and if more than 50% of the voters approve, the new project is approved.
Next, EcoG9coin allocates 10% of the return (of the previous year) on the coin ecosystem development proposal. There is a cap to the total amount of coin issuance, but as the service area expands, the value of EcoG9coin seeks to increase (demand and supply). The increased value is likely to continue until EcoG9coin's financial ecosystem reaches a certain level. The consensus among stakeholders remains immutable and traceable. EcoG9coin appeals to many users as there aims to be no cap on credit card use amount.
