BGX - decentralized financial platform for the mobile games industry
Website: https://bgx.ai/
The BGX mission is to built the most functional payment processing platform on top of a powerful algorithm, in order to add efficiency to the multi-billion mobile industry
BGX is a multifunctional processing platform in the field of mobile games, pow-ered by artificial intelligence. Possessing significant functionality and modern architec -ture, BGX provides financial support and brings the power of the crypto economy into the world of mobile games.
Game developers and app markets can easily enter the crypto-economy with BGX. By using the internal token, they can monetize their games and access a large market, while paying only 10% commissions on their revenue. The commission structure is one third of what Play Market and App Store often charge. In exchange, the developers and marketers can access a variety of game-related revenue channels that these larger platforms lack and can use many financial capabilities formerly only possible in the crypto-economy.
Players have access to a virtual wallet system that allows them to benefit from a universal currency used across all games, to earn by viewing ads, to receive compen-sation for playing, and to participate in tournaments.
The BGX token issue is limited to a one-time release of 1 BLN tokens on the Ethereum platform in the ERC20 standard. The sale of BGX tokens will take place in the period of Apr 24, 2018 - May 14, 2018 and offers a system of discounts and bonuses.
The BGX platform has several key advantages
- It uses advanced self-learning artificial intelligence fuzzy network that elimi-nates fraud.
- The off-chain hybrid approach to processing transactions enables the BGX platform to process more than 4,000 transactions per second, at a speed and capacity far superior to the Ethereum blockchain.
- The double-token system separates the interests of the investors and the us-ers, so that the investors can benefit from significant rise in token price, while the econ -omy remains stable through a stable coin.
- The revenue sharing club enables BGX token holders to share in the revenue of the platform, while the tiered system incentivizes holding of the token, raising its price.
- BGX is an open-sourced, truly decentralized project. At the same time, it is a technology — not a protocol.
BGX offers one of the most advanced technological infrastructures with powerful processing capabilities, a set of financial and game features, all for one of the most technologically-adaptive and profitable industries — mobile games.
The functionalities of BGX include:
- a distribution system for gaming applications on Android and iOS;
- independent processing of fiat and crypto transaction, including support for overdraft;
- a virtual player payment wallet;
- a subsystem for token emission by developers;
- support for common monetization models;
- a power-ful engine of artificial intelligence that controls the ongoing transactions and scoring of the players.
SOLUTION
BGX solves these problems by building a multifunctional processing platform, implemented over an artificial intelligence system (Artificial Intelligence) with a set of built-in tools for a wide range of mobile games.
These are the basic principles of building a platform:
- Iterative development and creation of the community from the moment of the active phase — Agile / DSDM Atern; alignment of working methodology to DevSecOS for security;
- Modular functional architecture, allowing separate development of the main components and the use of common protocols and frameworks;
- Open source code stored in the GitHub repository;
- The implementation of the CCSS38 standard and PA-DSS39 is the basis forsecurity on the client side;
- A special focus on interoperability of the platform, its integration withexisting solutions.
MODAL ARCHITECTURE
BGX uses modal architecture, where each module represents its own functional group and is developed by a separate team. All code will be accessible through GitHub.
TOKENOMICS
We are creating a true token-based game economy. BGX tokens work in so many different ways. Earn while you play -> Pay low fee exchange -> Use cross border payments -> Take Fiat-Out
Crowdsale timeline
May 8, 2018 - Pre-sale starts
Token Structure
Cost of 1 BGX: $0.10 USD
Terms of BGX sale: 30 days with the possibility of an early finish once the hardcap is reached
Changing of goals after start of ICO: Impossible
Technical limitation of BGX token emission: 1 000 000 000
Adjustable emission: All unsold and unallocated tokens will bе burned up. Additional release оf tokens will not be possible
Secure ways to purchase BGX: Bitcoin (ВТC), Ethereum (ETH). Due to problems on the part of our bank, there are unfortunately temporary difficulties in processing fiat funds
Pre-Sale Goal: $3 000 000 USD
Crowdsale Softdcap: $4 000 000 USD Crowdsale Hardcap: $50 000 000 USD
ROADMAP
pre-2017
Development of Xelopes Core and processing platform
- Building distinct technological module sand testing the mincommercial projects
July, 2017
Product concept
- Forming an overall vision of the product, marketing studies, team formation
October, 2017
Creation of the architecture and prototype
- Creating an abstract architecture and making the main technological decisions, building a model for neural network
learning
April, 2018
Creation of the MVP
- Forming the product prototype to provide the user with the main functions, developing specifications, confirming the product’s features
May, 2018
Token Generation Event
- BGX token crowdsale
September, 2018
Single-Node Alpha version, User Wallet
- Forming the first version of a processing node with the possibilities of buying and selling BGX tokens and developing the
main modules. Placing the user wallet as an independent app on the main app markets
December, 2018
Multi-node Alpha Version
- Forming a multi-node system with the ability to conduct decentralized processing and facilitating data exchange
April, 2019
Beta version with AI module
- Integration of external blockchain solutions, inclusion of AI functions in monitoring transactions, providing functions for app dissemination
September, 2019
Including external nodes into file exchange
- Forming automated data exchange with external systems, signing up external app markets
March, 2020
Automat ed token launch for game applications
- Expanding partnerships with development organizations, forming a full SDK, including the module for sub-token emissions
July, 2020
Unfolding of independent nodes
- Unfolding the number of nodes and forming a stable BGX ecosystem
Links:
Website: https://bgx.ai/
WhitePaper: https://bgx.ai/documents/BGX_White_Paper_1.0.pdf
Bitcointalk Ann: https://bitcointalk.org/index.php?topic=2671591
Twitter: https://twitter.com/BGXGlobal
Facebook: https://www.facebook.com/BGXWorld/
Telegram: https://t.me/bgx_group
Medium: https://medium.com/@bgxglobal
Linkedin: https://www.linkedin.com/company/27242603/
WhitePaper: https://bgx.ai/documents/BGX_White_Paper_1.0.pdf
Bitcointalk Ann: https://bitcointalk.org/index.php?topic=2671591
Twitter: https://twitter.com/BGXGlobal
Facebook: https://www.facebook.com/BGXWorld/
Telegram: https://t.me/bgx_group
Medium: https://medium.com/@bgxglobal
Linkedin: https://www.linkedin.com/company/27242603/
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The bitcointalk name: mreretic
Bitcointalk profile links : https://bitcointalk.org/index.php?action=profile;u=1716487
The bitcointalk name: mreretic
Bitcointalk profile links : https://bitcointalk.org/index.php?action=profile;u=1716487
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