What Is Playkey (PKT)?

Playkey (PKT) is a decentralized cloud gaming platform on the blockchain. Although cloud games are popular, still hurdles like access to upgraded software for game streaming and hardware expenses are prevalent and common. Playkey wishes to provide gamers an opportunity to play games anytime, anywhere without bearing the costs of a high-end console or computing power. The platform encourages users to play games on any device connected to the internet. Besides cloud gaming, Playkey seeks to create a core platform for cryptocurrency miners. According to its whitepaper, Playkey introduces a stable earning opportunity for GPU/CPU owners that is not as risky as cryptocurrency mining while benefiting gamers with affordable resources to play high-end AAA games.

The entertainment market has been actively switching to the cloud. For example, users can stay clear from downloading content on devices like smartphones and tablets and consume the content online, straight from the cloud. Playkey utilizes the perks of working technology to ensure seamless streaming and cloud-gaming experience without the need for high-end gaming hardware. Working technology solves problems like corrupt visuals, frame loss, hangs, and hurdles in the real-time transmission of high-quality images. 

Playkey uses PKT as an open-source cryptographic token to simplify transactions within the Playkey ecosystem. PKT is an ERC-20 token, exclusively functioning on the Ethereum blockchain infrastructure. Players can use PKT to purchase cloud gaming subscriptions. The token facilitates interaction between multiple digital services. PKT seeks to encourage secure transactions between miners and gamers. Playkey allows gamers to rent hardware and computing power from miners in exchange for PKT tokens. The platform plans to allow miners to create specific smart contracts to maximize revenues and provide enhanced streaming services. Playkey aims to make the fungible and transferable PKT tokens available on decentralized exchanges (DEXs) to broaden trading scopes. 

The platform envisions adding more gaming and market-driven elements to the blockchain-based gaming ecosystem. Playkey seeks to introduce advanced applications, e-sports, in-game currencies, and live streams in the future. 

History of Playkey (PKT):

Egor Gurev, Alexey Lykov, and Vadim Andreev are the founders of Playkey. Egor has been managing technology-based startups for seven years and is an expert in the digital distribution of multimedia content. Alexey is a technology specialist involved in developing the blockchain system for Playkey. Vadim has been a part of the gaming business for over a decade and is presently heading the game strategy for Playkey.

The total supply of PKT is 100,000,000 PKT tokens.