Topic: The first mobile game aggregator built on the blockchain that allows users to “mine” crypto-tokens simply by playing the world’s most popular games.
References: The official website of sgamepro.io and white paper
Sgame Pro is an aggregator of mobile game platforms owned by Sgame SA, a company based in Switzerland. Since starting its development in 2016, Sgame Pro has successfully launched the Alfa version in 2017 and reached more than 50,000 downloads without marketing spending. Sgame Pro is entirely focused on the rapidly growing mobile gaming industry and has developed two significant technical innovations namely:
Sgame Pro allows players to be rewarded with the “Sgame Coin” or “SGM” crypto-token utilities that we just released when they play the most popular mobile games in the world.
Sgame Pro also combines sectors that are split from independent and large game publishers (“Publisher” or “Publishers”) into one-stop-shop gaming platforms.
SGM is a utility token based on the ERC-20 Ethereum platform that allows Sgame Pro to utilize the Ethereum ecosystem fully and quickly integrate with existing infrastructure. The maximum supply of SGM Tokens will be issued in a single genesis block and limited to 350,000,000.
With nearly 20% YoY growth, the global mobile gaming market will remain the most prominent segment of the overall gaming market which is expected to continue to grow at a 3-year CAGR of 9.4% to $ 142bn. The primary driver behind all this is increasing adoption of smartphones, increasing cellular internet connectivity and the ever-growing number of high-quality mobile games. Cellular is the most significant source of gambling revenue and has paved the way for new business model arrangements, and integrated payment solutions are ranging from subscription fees, pay-per-play, in-app purchases (IAP), royalties to premium accounts, increased remuneration and most importantly advertising in the application (ADV).
We allow all players to be rewarded with our new utility, crypto SGM while playing the most popular mobile games in the world. SGM is the only way to be able to access and benefit from the Sgame Pro Platform and the only method for completing all transactions in the Sgame Pro ecosystem.
In its development since August 2016, Sgame Pro has successfully launched the Alfa version in 2017 and reached more than 50,000 downloads without marketing spending. All of our focus is on the mobile gaming industry which continues to overgrow and, we have developed several technical innovations that support Players, Publishers, Traders, and Influencers.
Our platform will combine a fragmented Independent and Main Publisher sector into an integrated gaming platform where our Players will have the opportunity to challenge others in games that were previously only single players. This innovation is remarkable, considering that 78% of the mobile gaming market is a single player while most of the revenue will come from multi-player games.
SGM Token is located in the heart of Sgame Pro and serves as a medium of exchange in the Sgame Pro ecosystem. Tokens are utility tokens based on the ERC-20 standard, allowing Sgame Pro to utilize the Ethereum ecosystem fully and efficiently integrate with existing infrastructure (i.e., wallet & exchange).
Our SGM economy tokens will center around circulation and continuous symbols between Sgame Pro and ecosystem participants who target highly liquid tokens. The architecture is built in a hybrid way where SGM flow on the Platform is OffChain so that the actual Ethereum network limitation (i.e., confirmation time, congestion, transaction costs) does not preclude everyday platform functions. All SGM prizes given to Players will be deposited into the internal SWallet Player in Sgame Pro. Players will be able to immediately use SGM from their SWallet to be able to perform all Sgame Pro ecosystem transactions at no cost or waiting time. And Players will have full control over when SGM is transferred from SWallet to a compatible ERC-20 personal wallet.
Proof of Play
One of our leading technical innovations is the emergence of the Proof of Play protocol. Proof of Play is a mechanism by which Sgame Pro will determine consensus on whether enough ‘play’ has been done to mine “Play-Block,” release the SGM block prize related to the Player. This works in conjunction with Proof of Work where computing efforts by miners are valued. Play-Block is defined as a series of actions that, when completed, produce block prizes at SGM. This Play-Block will vary based on the level, which determines the amount of “play” needed and the size of the SGM block prize.
We will maintain SGM’s liquidity reserves to be able to manage outflows/inflows into/from Sgame Pro participants, which are expected to grow in line with the number of Players. SGM reserves will initially equal 23.7% of the total SGM supply, and Sgame Pro will aim to maintain at least 10% during regular business, buy back SGM on the exchange if needed. Sgame Pro will retain full control over the SGM prize amount through Proof of Play and will make this information available in the app for each Player. Play-Block prizes in SGM will be adjusted periodically to reflect fluctuations in the underlying SGM token price, which aims to ensure that fixed income values are almost constant in Fiat.
Sgame will maintain the SGM Reserve initially equal to 83m SGM, which will be used to reward Sgame Pro Players during its business trip. The following table summarizes the planned SGM distribution:
Author: AaXray | Profile: https://bitcointalk.org/