EON review
The success with bitcoin really dealt a big breakthrough to the adoption of cryptocurrency and understanding of decentralized solution at large. Luckily, the originator of the blockchain source code did not keep it a secret, since then, several teams of experts have improved on the source code. Now, more and more industries have come up and successful with specific decentralized solutions to solve specific problems as well as improve specific areas of life. EON Protocol is one of the examples of such successes. EON protocol is a dynamic solution that was designed and engineered to provide decentralized solution for gamers, making games easy to develop and improved on blockchain or decentralized games (Dgames), as well as integrating Dgames with blockchain and cryptocurrency easily and quick
However, the major existing challenges for traditional games and early versions of Dgames are part of what birthed the visions and missions of EON Protocol. The early developed Dgames came from blockchain engineers and not real game developers which make their gamely very simple and weak, thereby making it very boring and difficult for gamers to stay with it for long. On the other hand, the traditional games which are interesting make use of in-game currencies and in-game acquired assets. These currencies have no values outside the particular games while the assets cannot be traded whether in or outside the games which calls out for the need of non fungible tokens (NFT) which is also called digital assets. Another problem is the use of third-party wallets for in-game transactions which is relatively dependent on different programs or versions such as windows, android, iOS etc. hence, a gmer with different devices will have to make use of more than one wallet. Lastly, the execution of a high performance, logic-heavy Dgames will be intensely expensive to be executed totally on the blockchain technology as well as reduce transaction speed on the public blockchain which will end up turning off gamers. There is therefore a need to help developers to either solve or limit the complication towards better, faster and even optimized results.
As a response to these challenges, EON Protocol prides itself by developing Dgames that generally solve the challenges of limited performance, payments and digital asset related problems with a promise to help developers do the same. EON Protocol made use of a 2 layer solution, using a Dgame framework that has onchain/offchain architecture. Dgame frameworks simply carry out heavy, high performance and secure transactions between participants offchain, while the financial transaction confirmation is boarded onchain.
EON Protocol also solves the problem of in-game currency with the use of cryptocurrency, thereby making funds have more relevance and values even outside the game. Another mind blowing part of the protocol is the in-game SDK wallet. Majority of third-party wallets we have only support single cryptocurrency, but this SDK wallet will make it possible for transactions with multiple cryptocurrencies which will not be limited from other gaming platforms. Lastly, the introduction of NFT now makes it possible for a gamer to truly own assets, which is contrary to traditional game assets which is owned by developer and is stored on central server: but here, these NFT can be exchanged for other tokens in the game and even transferred.
EON Protocol will make use of EOT as its coin to support developers and gamers on the network. Here is the opportunity for early supporters of EON Protocol and holders of EOT tokens to be rewarded while the network also have the plan for friendly ways of buying the EOT tokens as well as a good range of services to make the token relevant, basically driving demand and indispensible value for the EOT coin which in turn will facilitate the growth of the community. The distribution of the EOT coin is explained in the image below.
Summarily, EON Protocol mission is sworn to improve decentralize Dgames and as well bring cryptocurrency to more people through games because games are believed to be the best way to educate people and ultimately, EON believes that more games will support cryptocurrency making it have an open economic system.