Eternalcoin - IEO & Cryptocurrency platform built for gamersIEO & Cryptocurrency platform built for gamers
The gaming industry is worldwide and huge. It is a very wide platform where billions of gamers and millions of developers interacting. Yet, there appear to be some aws in the traditional system, which has made this interaction to be inecient. There is a need for players to own their assets as well as collaborate and communicate. Game developers even tend to face the challenge of high fees from marketplaces and high costs of acquiring users.
Eternal Inc Network decentralized ecosystem helps to solve these problems. Eternal Inc is designed to change the way online card gaming industry operates through the use of the programmable logic of smart contracts, the immutability of Blockchain ledger and high speed of transactions with the aid of the Blockchain technology.
Eternalcoin (EIS) is the ERC20 based token to be used in connection with the Eternal Inc Network. EIS serves for both trading cards as well as participating in tournaments. With the introduction of EIS on the existing Eternal Wars platform, we intend to oer virtual goods on the Blockchain, mitigate fraud and high fees as well as create an innovative gaming experience with real value.
Problem
The Problem of Fraud
Authenticity of cards isn’t known. Based on estimations, for each legitimate virtual purchase made, about 7.5% virtual items are lost to fraud , . It is a common knowledge that assets stored and managed online are often exposed to manipulation or chargebacks. This means that merchants have to deal with extra burdens, and scammers damage the game's reputation.
The Problem of License
Gamers do not own the cards, only the license to use them. Virtual items are basically just licensed to the gamers, and these items are often only available for use on the proprietary platforms. In fact, they can even be manipulated, lost, or reverted with little recourse for the users.
The Problem of Liquidity
Cards can’t be easily sold or traded with little or no recourse for the users. The Problem of Constant Spending, High Cost and Slow Transaction Spend to keep up with new expansions. Developing a platform for managing virtual goods is often time-consuming and costly. Developers pay 30% to platforms. Game publishers and communities depend on third-party platforms for the processing of virtual goods transactions. Gamers often experience opaque fund ow, slowness, and high transaction fees7
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The Problem of Centralization
Economic benets are not going to players. Virtual items and digital currencies are usually locked to a single game, and are non-transferable. Also, if a player becomes banned, they can easily lose all their items and currency.
Eternal Inc Solutions
Ownership
We are oering the gamers an opportunity to own their assets on the Blockchain. This means that players can earn and own cards by holding EIS.
Immutability
The nature of Blockchain makes records to be easily identiable without any form of manipulation.
Card Exchange
We are creating a user-friendly market; where users with EIS can buy and sell cards
Decentralized As a Blockchain-based system, centralization will be eradicated.
Token sale Info
Start: May 20, 2019
Number of tokens for sale: 195,000,000 EIS (65%)
End: June 10, 2019
Min. transaction amount: 1 ETH/ 1 BTC/ 1 LTC
Accepted currencies: ETH, BTC, LTC
Max. transaction amount: N/A
Exchange rate of tokens: 1 ETH = 6000 EIS
Max. amount collected: 30,000 ETH
MILESTONES
July, 2013
Initial idea for Eternal Wars
August, 2015
In-house development team created. Initial funds raised via founders’ personal savings, friends and family
March, 2017
Global launch of Eternal Wars on Appstore and Playstore
Q3, 2019
Begin development of the EIS economy into Eternal Wars List on exchanges
Q1, 2020
Work on syncing data from game server to web wallet Begin work on World of Iselia
Q3, 2020
Alpha release of World of Iselia – Create SDK on unity for wallet
Q1, 2021
Global launch of World of Iselia Development of Eternalcoin wallet Implement Eternalcoin into World of Iselia
Q3, 2022
Launch esports World of Iselia Begin work on Chaos Drive Sync Eternal Wars, World of Iselia and Chaos Drive ecosystem
The Team
FOR MORE INFORMATION CLICK LINK BELLOW:
Website: http://eternalinc.co.uk/
Telegram: https://t.me/EternalcoinIEO
Facebook: https://www.facebook.com/eternalcoin/
Medium: https://medium.com/@eternalcoin
AUTHOR: Gambangcity
ETH: 0xbd4e6B6E19c55D117badfa5C218Ae03263df6072
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