What Is Every Game (EGAME)?
The Every Game (EGAME) platform aims to provide reliability and safety to content users, developers, and partners based on blockchain technology. Every Game provides services based on convenience by preparing an environment identical to the existing game use environment.
As per the whitepaper, when a mobile game releases through platforms, these platforms usually take 30% of the game revenue. Thus the short content life cycle and the profit distribution structure are disadvantageous for the developer. Also, the area for beginners to stand is limited. Small and medium-sized game companies frequently pay millions on developing games, but are often caught up in marketing and service operation expenses. There is a possibility to lower marketing costs by securing IP (Intellectual Property Rights), but a considerable amount is needed to secure IP. The industry's overall volume gradually decreases due to the increasing difficulties. Every Game solves the problems of the existing content industry and blockchain technology and proposes ways to overcome the shortcomings. Every Game aims for a horizontal structure of content producers, distributors, and consumers.
Every Game provides fast service as an online content platform by completing the business model and transaction flow to embrace many variables. The platform is divided into external coins, the virtual currency that runs inside the platform, and a bank system. These are the three elements that form the basis of Every Game.
EGAME is the native coin of the platform and is built on ERC-20 standard. The virtual currency used inside the platform is named EGM (Every Game Money). EGAME Coin forms a stable ecosystem by playing the role of the vital currency in Every Game (EGAME).
The bank system, an unfamiliar concept, is the strength of the Every Game platform. The idea of the bank system refers to the fractional reserve system in macroeconomics. Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy.
History of Every Game
Chikyu Bae is the cofounder and CEO of Every Game and launched the platform in 2020. He is also the Korean Vice President of the Blockchain Contents Association. He is partnered with Park Suncheon, who is the blockchain CTO. The maximum supply of EGAME is 10,000,000,000 coins.