Game X Coin (GXC) will connect game developers, players and games using blockchain technologies.
In the GXC ecosystem, a game developer purchases a cryptocurrency issued by GXC called GXC then issues a token unique to its game (“GXC token” or “game token” or “token”).
Issuing method is freely decided by the developer and is written into a smart contract. Based on the rules written in the smart contract, the tokens are distributed or rewarded to players.
Game developers can utilize these tokens for various purposes like new player acquisition and boost in revenue and engagement.
In turn, players can use earned or purchased tokens to buy in-game goods. Moreover, players can exchange a particular game’s token for another game’s token via GXC’s decentralized exchange (“DEX”).
Players can also purchase GXC coins from a third-party cryptocurrency exchange then bring them into the GXC ecosystem via the DEX.
GXC will disrupt the gaming market and make a revolution in this industry.