Of the great joys of gaming that I love most, is the simple fact that they push us. One invests hours upon hours into his/her game of choice. Every time one plays, even if you end up racking a loss, you learn more about the game. Some games have become akin to movements, attracting millions of players on a global scale. Think of CS:GO, Dota2, League of Legends, Fortnite, to name a few. The player bases of these games are so massive that competition on multiple levels, not only among professionals, becomes intense. ChainGamingX celebrates the competitive spirit that gives rise to such gaming communities globally. Games that achieve that level of momentum bring people together and help unify the globe. They also serve as a uniquely gripping form of entertainment keeping people enthralled for hours on end.
ChainGamingX will be operating entirely on the blockchain. It is a platform that offers a new age of decentralized, democratized and global gaming competition. It is a community that embraces competition, winning and earning. Online gamers will find all the features and functionalities they could ask for on ChainGamingX, be it joining the platform to serve the need of stepping up their competition or serving the need of becoming the world’s next top Esports competitor. To top it all up, these activities will be happening through a decentralized system.
Powering every match, will be the blockchain technology. The blockchain technology has opened the door to a wide variety of improvements on existing models in the gaming industry. Before long, players and professionals will look back on the deep long lasting changes that are taking part today and they will see that there is simply no other way for gaming to move. People want more interconnectivity. People want more thrilling competition that is even safer and more reliable than the systems that power competition today. People also want to feel that they are on the cutting edge and using the technology that is going to matter in ten years. As much as the public has finally come to accept, blockchain technology is the technology that is going to matter. Its impact on communication, data transfer, trust and governance will affect all industries and gaming is not an exception. In other words, ChainGamingX is tomorrow’s gaming competition made possible today.
Being fully decentralized and democratized, the platform will foster direct connections between players. Players on the every other side of the world, can use cryptocurrency as payment for entries into matches, tournaments, and leagues. In turn, ChainGamingX has smart contracts that will verify winners and make distributions (in the form of cryptocurrency as well) of the prize pool, to which all the participants have agreed to.
TOURNAMENTS
To get started, the tournament organizer initiates the beginning of a new smart contract by selecting the game that players are going to compete in. Next, players in every tournament will initiate smart contracts of their own, in order to enter the tournament created by the organizer. Before the players can enter the tournament, they can review and verify the advertised prize pool and other details since all the details of every tournament will be available on the BSC. ChainGamingX has devised a tournament structure that is comprehensive and straightforward. The structure will track the outcomes of matches as well as the running standings, throughout the duration of the tournament. Henceforth, the prize pool will be distributed to the winning players.
As tournaments, gameplay, matches and leagues go on in the ChainGamingX platform, the players will also earn XPoints. These points will keep the players engaged so that even if they are not spending so much time and energy in earning prize pools, they can still get a lot out of the platform. Within the ChainGamingX platform, there exists a digital shop where players will be able to redeem their XPoints for rewards. Rewards will include (and not limited to) physical products such as webcams and headsets that partners have sponsored, digital collectibles such as NFTs, in addition to streaming service codes, game codes and more. There will be something for everyone, prizes that each player can appreciate and get excited about. It will not be necessary to win a match or tournament in order to amass a large number of XPoints. Players who interact with the platform regularly will be able to grow their XPoints. Simple tasks like logging in and just participating in a match, will award XPoints to players.
SPONSOR A PLAYER
Beyond enabling players organize competitions on their own terms, ChainGamingX makes it easier for people to discover players they may not have otherwise discovered. ChainGamingX is suitable for players of all skill levels and commitments. For Professionals, though, there are special features designed for marketing, promotion, education, and overall career growth. ChainGamingX is being set up so that it helps players forward their ambitions and pursue their biggest gaming dreams. As players establish themselves in the larger Esports Industry, ChainGamingX will show case them, creating a road map for other players to follow if they too would like to achieve Esports success.
Invest in a player and make it a win-win in ChainGamingX. This will best serve a scenario where a player comes across a tournament that he/she knows the odds of winning are high, but lacks the funds necessary to pay for an entry. Players on the platform will be able to seek out sponsorships in the ChainGamingX community. Sponsors are able to enter smart contracts with players to pay for their entry fees for a given tournament. The same smart contract between the sponsor and the player will state how the prize pool will be split. As an example, if the sponsor and player have agreed to a 30/70 split respectively,(30% for the sponsor and 70% for the player), and the player wins, the sponsor will automatically receive the agreed portion of the winnings. ChainGamingX hopes to inspire a new age of scouting in Esports through this functionality. This will also serve as an impetus for players to play at their peak potential all the time thereby creating a winning track record, since players will know that the sponsors are watching.
Decentralized Autonomous Organisation
Be part of ChainGamingX (CGX). The DAO, short for, decentralized autonomous organisation, will be made up of the token holders. The DAO will be overseeing CGX and will function as part of the ChainGamingX organisation. To participate in the DAO, CGX holders will have to stake their tokens through the ChainGamingX platform. Everyone within the DAO will have a voice to speak regarding issues concerning the technology and will have a vote on major decisions that will be made, pertaining development and governance of ChainGamingX.
Distributions will be made, paying out the DAO on any funds generated after expenses have been paid. The revenue generated will be distributed to all DAO members and will be divided in accordance with the percentage of the CGX tokens staked by the individual DAO members.
The ChainGamingX Fair Launch will be held on 4th April, 3pm UTC. It will be happening in the link below. All are welcome.
CHAINGAMINGX FAIRLAUCH LINK
https://chaingamingx.com/
https://twitter.com/chaingamingx
TELEGRAMhttps://t.me/chaingamingx
https://www.youtube.com/channel/UCiji9hGcVTJHHDY7JNnCgag
- https://medium.com/@rickcgx
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