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EGAME or Every Game is the platform used for content purchases and commissions in the NFT market.
Every Game is a gaming platform project under the umbrella of Samsung Games. It attracts blockchain games from partners and indie game developers. EGAME tokens are used on the platform to play games and purchase in-game items.
Moreover, the EGAME token can be used for content purchases and commissions in the NFT market. The NFT marketspace will also be paid for payments on cross-chain and other networks.
The Every Game platform was developed to solve the problems of the existing content industry and blockchain technology. It also designs strategies to overcome the challenges. It desires to build a horizontal structure of content producers, distribution, and consumers.
The online platform plans to provide fast service by completing the business model and transaction flow to support multiple variables. Every Game is largely divided into token categories, including externally used tokens, the virtual money that runs inside the platform, and a bank system. These three elements are the basis of the Every Game platform.
It plans to rationally apply public and private blockchain technologies by integrating them with the existing content service industry and structure. The EGAME ecosystem comprises two stages to realistically match the blockchain processing speed and exclude the ideal theory.
What is EGAME?
EGAME is the token name for EVERY GAME platform, and it was first developed and issued based on ERC-20 tokens. Its existence can be checked since the time of the platform’s launch.
The token was designed to form a stable ecosystem by playing the role of the key currency on the platform.
What are the components of EVERY GAME?
E-Bank System of EGAME
The bank system is a system that is unfamiliar but is the strength of Every Game. The concept of the bank system is comparable to the fractional reserve system in macroeconomics.
The producers, distributors, and consumers must have a smooth supply of tokens from different perspectives. The device has been systematically prepared for the bank system.
The bank system has allocated 15% of token issuance to ensure the most stable flow in the platform.
EGAME Money
It is generally used inside the platform. It was designed to establish an independent ecosystem for content producers. There are industries where business models are universally applied and aim to have only one rule, EGM (Every Game Money), which can be of great use.
The business model of revenue generation is constantly changing and can be issued in various forms according to the will of the content producer.
The full application and acceptance of EGM are developed inside the platform. An independent ecosystem was developed for each content producer or company to request services, which is made possible through EGM.
What are the issues faced by Every Game?
Currently, the existing blockchain projects have only one token and are interlocking the ecosystem. There are several examples where issues that occur in reality cannot be solved. Every Game breaks this fallacy and supports creative thinking by energizing business diversity.
Moreover, EGM facilitates the scalability of the Every Game platform, and it provides a device that can smoothly allow in-game items and coupons, as well as NFT issuance and transactions.
One of the biggest advantages of Every Game is supporting an independent ecosystem.
Understanding the Structure of the Every Game Ecosystem
Payment
To facilitate payment in EGAME, EGM is exchanged within the platform using the EGAME token. EGM carries out the profit settlement of the EGAME for the developer. The payment of EGM is made after a certain period or percentage deposit after the refund and other issues are completed.
Deposit
The deposit service can be used to participate in pre-registration events and events organized by game companies, among other benefits. It is possible to manage everything from content registration by the developer to user management and settlement at once in the EGAME.
Advertising
The revenue generated from users’ advertisements is distributed at a fixed rate among users, developers, and the EGAME. Both game items, coupons, and NFTs can be traded within the public blockchain of EGAME for safe and fast item transactions.
Conclusion
Every Game is a platform that aims to revolutionize the gaming industry by integrating blockchain technology and NFTs. Every Game allows content producers, distributors, and consumers to interact in a horizontal and independent ecosystem using EGAME tokens and EGM money.
Every Game also offers various services and features, such as payment, deposit, advertising, and the NFT market. Every Game is a project under the umbrella of Samsung Games, and it attracts blockchain games from partners and indie game developers. Every Game is a platform that offers a new and innovative way to enjoy gaming and content creation.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
