-
Cryptocurrencies
-
Exchanges
-
Media
All languages
Cryptocurrencies
Exchanges
Media
FDG (Future Digital Games) aims to build a decentralized, fair and transparent blockchain game platform. Blockchain games issued by FDG will have the characteristics of NFT (non-fungible tokens). NFT can connect games and the real world to form an online digital economy system for virtual commodities.
FDG brings together top talents in the world's blockchain, games, computers, digital assets and other fields. Based on blockchain technology, it will build a liberalized, transparent and decentralized pan-entertainment ecosystem integrating games, promotion, consumption, payment, resource management, etc. It will comprehensively upgrade and improve the industry from online to offline.
FDG will also provide more powerful service functions to return the entire entertainment and gaming ecosystem to fair competition in innovation, experience, technology and value. FDG aims at hundreds of millions of game enthusiasts around the world to build a global unified entertainment game ecosystem based on blockchain technology, and uses the unique PoG game consensus to lead the global community to quickly build community consensus, allowing everyone to have a decentralized game ecosystem with centralized communication, resource sharing, and convenient transactions.
The most suitable for blockchain technology is the application of native digitalization, rather than a huge connection with reality. Blockchain is mostly suitable for: areas with low communication efficiency and high trust cost (mostly seen in long industrial chains and many links); areas with great demand for authenticity and consensus (mostly seen in opaque and black box operations); areas with long-tail traffic, resource dispersion, and unbalanced interests among ecological participants (incentives need to be improved). The electronic game industry (especially the mobile game industry in the context of the Internet era) is undoubtedly an important trigger point and entry point for the blockchain, which is both native digital, to move towards the public.
Definition of Blockchain
A blockchain is a database that stores permanent blocks of information to be shared within a specific community, such as transaction history data. The most famous example of using blockchain technology is Bitcoin, a cryptocurrency that users can pay and receive without authorization from a central bank. On November 1, 2008, a man who claimed to be Satoshi Nakamoto published an article titled "Bitcoin: A peer-to-peer electronic cash system." Since then, blockchain has been officially launched as the application of Bitcoin. The blockchain technology used by Bitcoin implements a decentralized system based on a zero-trust basis. Blockchain is a shared ledger or database that adopts consensus mechanisms, decentralized, distributed. Through cryptographic encryption technology, the open and transparent consistency of the entire network of this ledger or database is guaranteed, and it is also a secure and tamper-free anonymous network technology. It is crucial that the blockchain can send and receive the most relevant information only between specific parties, and each party that receives a copy of the information has a shared responsibility to ensure the accuracy and security of the information.
Blockchain can ensure the security of personal information and facilitate the point-to-point transmission and exchange of value information. Therefore, some people say that blockchain has transformed the Internet from the information Internet to the value Internet. Blockchain technology will reshape a wide range of application scenarios, such as registration and management of digital assets, transfer and transaction of digital assets. Blockchain is the core key technology for building future cyberspace, and will have broad development prospects in the fields of Internet of Things, artificial intelligence, finance, games, smart devices, medical care, education, archives, justice, copyright, etc.
Many people will compare blockchain with the Internet, but in fact, the two are very different at the technical level. First, blockchain can be considered a technology about databases, a distributed database. In other words, the way blockchain networking is fundamentally different from the current Internet. The Internet is now implemented through IP technology and is a centralized platform. Blockchain is a decentralized distributed network. It implements a point-to-point direct connection, and there is no so-called center. Information is recorded in blocks after block in time order through timestamps. Generate through one-way encryption, and the information is sent to the other end through encryption. Therefore, the information entering the blockchain has an irreversible and irrevocable characteristic.
Natural Advantages of Blockchain
1. Open style
Based on the blockchain system, open source programs, open rules and high participation, except that the private information of each party in the transaction is encrypted, the blockchain data is disclosed to everyone. Anyone can query blockchain data through the public interface and develop related applications. The information of the entire system is highly transparent.
2. Distributed
The distributed characteristics of blockchain are also called decentralization, which is the most basic feature of blockchain. In traditional centralized network systems, destruction of a central node can paralyze the entire system. For blockchain networks, due to the use of distributed accounting and storage, there is no centralized hardware or management organization, and the rights and obligations of any node are equal. The data blocks in the system are jointly maintained by nodes with maintenance functions in the entire system. At this time, attacking a certain node cannot destroy the entire network.
3. Not tampered with
Once the information of the blockchain system is verified and added to the blockchain, the on-chain data will be backed up in each network node and will not be deleted, resulting in the extremely costly attacking the entire network, thus ensuring that the data in the blockchain network is difficult to tamper with and is uniquely trustworthy.
4. Hidden security
Although all data recording and update operations in the blockchain system are disclosed to the entire network node, the private information of its traders is processed through hash encryption, that is, data exchange and transactions are carried out in anonymity. In simple terms, encryption is the process of converting the original information through an algorithmic means, and the receiver of the information can decrypt the ciphertext through the secret key to obtain the original text. Blockchain uses many mature encryption algorithms to ensure the reliability and security of the system.
Global Game Market Size & Ecological Platform Analysis
According to the latest report released by the international investment banking service company Digi-capital Games Report and Database Q1 2018, the total revenue of the global gaming market reached US$137.9 billion in 2018, with more than 2.5 billion gamers worldwide, accounting for one-third of the world's population. By 2022, the total revenue of the global game market is expected to exceed US$230 billion, of which game software revenue will account for nearly 75% of the total revenue of the global game market.
The revenue of the gaming software and hardware industry will reach US$165 billion to US$170 billion in 2018, and will reach US$230 billion to US$235 billion by 2022. Based on the continued strong growth of the mobile gaming market, the report predicts that the revenue of the gaming software and hardware industry in five years will exceed the GDP of 150 countries around the world today. Game software products alone occupy three-quarters of the entire game market share. In general, while creating fun, games have become a crucial economic industry. Some analysts believe that blockchain games, as the hottest market concept in 2018, will gradually evolve into the development direction of mainstream game products in the future. Become a necessary way for traditional game manufacturers to break through themselves and achieve profit expansion.
In the future, the value of the game industry, the number of game users, game developers, operators and promoters will definitely increase rapidly. Key indicators such as the growth rate, retention rate, and willingness to be the benchmark rate of game consumption will also grow rapidly with the development of the game industry. With the 5G era coming, more new types and new IP mobile games will surely attract more global players. It is expected that in 2020, mobile games will account for more than half of the total gaming market output value.
The integration benefits of blockchain and the game industry
Since the birth of Bitcoin, blockchain technology and digital currency have gradually been known to many people. As of now, blockchain technology has not yet been applied on a large scale, and truly valuable digital assets have not been established. The game world originally had enough scenarios and real needs such as user communities, virtual commodity trading, token settlement, economic incentive mechanisms, etc. in the game world. Therefore, the game field can become a very suitable field for the large-scale application of blockchain technology. The gaming industry is considered a form of digital assets and will create new scenarios and business opportunities. Based on the scenes that already exist in the game world such as user communities, virtual commodity trading, token settlement, etc., blockchain technology has perfectly applied to the gaming industry. Ready-made user communities, platforms and channels are the dividends of efficient launch of blockchain games, and games are considered to be the first scenario for blockchain applications to be implemented.
Since the first blockchain pet game "Crypto Kitties" was launched in November 2017, it has attracted many teams and capital to join the market, and a large number of game developers have flocked to it, setting off a craze for blockchain games around the world. The energy of blockchain + games begins to appear. The application of blockchain will open up new scenarios for the gaming field, ensure the stability of the game economic system, reduce plug-ins and game disputes, and at the same time protect the ecological interests of all parties such as players, game developers, etc. Based on the current game development based on the principle of blockchain, more three-dimensional applications will be ushered in game security such as accounts, transactions and props.
In 2018, in games on the Ethereum platform, the amount of tradable props assets reached 1 billion yuan. At present, the development of blockchain is still in the stage of infrastructure construction, especially breakthroughs in its speed, combination of application, delay and other issues have become the key. It is expected that with the mature development of blockchain underlying applications, basic chains and alliance chains with outstanding core technologies will be officially launched. 2020 will become the explosion period for blockchain games. The transaction scale of game assets alone is expected to reach RMB 50 billion, and by 2022, the transaction scale of game assets is expected to reach RMB 200 billion.
At present, the game industry is seriously centralized, lacking an open industrial ecosystem, and lacking an economic ecosystem that can be widely circulated and traded. Players have been staying in a unilateral consumption state, and the intrinsic economic token points of each game developer are only used in a single game, and their value is seriously underestimated and restricted circulation. It is imperative to create a decentralized game token trading system that can trade across domains and across games. Solve various transaction restrictions on props around the game, release real transaction circulation attributes, and give real value circulation to virtual assets again, so that game participants who consume unilaterally can freely participate in the game entertainment prop economy and the market economy distribution system of peripheral items props, elevate consumers from the consumption level to the sharing cooperation level, and realize a qualitative transformation of the identity of the creator of the economic ecosystem. The emergence of FDG means that the transformation of the game industry is coming soon! From the perspective of blockchain industry development, FDG's ultimate vision is to reshape the value of the blockchain industry through the reform of the entertainment industry, integrate blockchain industry resources, and allow global blockchain and game enthusiasts to jointly maintain the blockchain game ecosystem we create.