MOXY Gives Players And Developers The Chance To Play E-sports With Real Prizes And Real Competition
MOXY PROVIDES THE OPPORTUNITY FOR BOTH PLAYERS AND DEVELOPERS TO TAKE PART IN ESPORTS WITH THE PROMISE OF REAL PRIZES AND GENUINE COMPETITION.
Moxy Forge is a middleware layer that sits between the player and the author of the game. Its primary function is to provide real rewards and real competition to any game.
MOXY, also known as the Global eSport Token, was given the term "Real Rewards" since it serves as a worldwide medium of exchange for gamers located all over the globe. Regardless of the fiat currency that is used in the player's country, they are able to make purchases of MOXY using their own national money and a credit card (including USDC). This transforms the local currency held by each player on the Moxy Platform into a singular point of value that is shared by all users of the platform. MOXY is the only source of value inside the ecosystem, and it may be used to buy access to games, master courses, and other content that is available on the Moxy platform. Those that win MOXY in eSports gaming events or purchase it from a third party are able to convert it back to their country's currency, insuring "real" deployable value in their economy. This is accomplished mostly via the use of a centralized exchange.
Given that "Real Rewards" has already been created, "Real Competition" is a logical progression that should occur next. Players that participate in skill-based eSports and other competitive video games have the option to compete in tournaments and other skill-based events, such as seasonal gaming, and earn "Real Rewards" in return for the calculated deployment of their skills, knowledge, and experience. These "Real Rewards" may be used to purchase virtual goods and services. The real and consequential involvement in the Moxy Ecosystem by Moxy Club members for the purpose of obtaining "Real Rewards" is what characterizes "Real Competition."
When someone refers to "Real Games," they are referring to the most well-known and widely played video games that can be played on a variety of different platforms and devices. The Moxy Platform has created Moxy Forge so that players may earn "Real Rewards" in a wide range of Web2 games, not only in Web3, blockchain, or casino-style games. This is possible because to Moxy Forge's integration of a distributed ledger. Therefore, "Real Games" is an abbreviation for all of the games, both past and present, that most people think of when they hear the term "video games."
The next logical step for the eSports industry would be to begin providing gamers of all varying levels of expertise with the opportunity to compete for real prizes and to engage in genuine athletic competition. In Moxy's opinion, games in which the main motive for players is "love of the game" are less engaging and pleasant than those in which players are tasked with accomplishing concrete objectives.
Games with eSports capability bring up a new market for publishers to capitalize on, as well as a novel method for players to engage in competition with one another and communicate with one another. The player or players who win an eSports competition are awarded 90.1% of the total prize pool. The remaining 6.11% is given to the tournament's publisher, and 3.99% is donated to the Moxy Foundation. Moxy is certain that its eSports enablement, which features Real Rewards and Real Competition, is positioned to become a market disruptor in light of the fact that the most popular game modes on today's AAA games have been around for quite some time.
Participants in an eSport-enabled game have access to a greater variety of gameplay possibilities than they would in a traditional board game. The player may choose between two different game modes: the regular mode, which is the default option, and an expert mode, which can only be accessed by spending a certain amount of MOXY. Following the conclusion of the competition, the winner (or winners), the developers of the game, and Moxy will each get a portion of the prize pool, which was made possible by the MOXY that the players who took part in the competition used to access the game. This raises the stakes not just in terms of the level of competition, but also in terms of the replay value and readability of the game.
Games that have been improved for eSports get an additional benefit from a feature called "Proof of Play." When a user connects into an eSport game that has been enabled by the Moxy Platform, the user's in-game Moxy account is connected to their Moxy profile, and the Moxy Platform maintains track of the user's playtime in the game. This is beneficial since it implies that players of any game that supports eSports will be able to receive prizes from Moxy depending on their degree of engagement in those games. Every day, Moxy Club members get a specific amount of MOXY as a token of appreciation for their participation. These benefits are granted to participants of the Moxy Club mostly on the basis of the total amount of time they spend playing the game on any given day. The acquisition of MOXY may also be accomplished via the use of the Proof of PlayTM and Effort techniques.
CONCLUSION
Users need to go to club.moxy.io first and fill out a registration form with their personal information (first name, last name, birthdate, gender, country, phone number, email address, selected username, and password) before they can join Moxy Club. After an applicant has been accepted into the club and received an email verifying their membership application, the "sign-in" button on club.moxy.io will become operational. In order for the applicant to access the Moxy Club user dashboard at this point, they will be requested to provide their Moxy Club account details along with their password. Doing so will also cause a second window to appear, in which the applicant will be prompted to authenticate their identity via the use of a third-party Know-Your-Customer ("KYC") provider, in this instance BlockPass. The procedure for creating a BlockPass account may now be considered to have officially gotten under way.
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