TEDCHAIN-Games Which Is Based On Blockchain Technology And Decentralized Gaming Ecosystem
We are a decentralized and cross platform cryptocurrency dedicated to enhancing the gaming experience on the blockchain for all users.
ABOUT TEDCHAIN
Tedchain plans to build its own game that would show first hand how the proposed technology works and also use that medium to onboard a lot of user as well as game developers to the platform. Developing games that a lot of people can relate to is a goal from the standpoint of Tedchain as this practice places Tedchain on the market and also reaches out to a large audience compared to games with a low level of acceptability. Mobile games that would allow players mine cryptocurrency and spend in the real are also been developed.
BUSINESS MODEL
Tedchian business quintessence is fundamentally hinged on 3 strongholds;
- Development and distribution of its own crypto games.
- Publishing of games from 3rd Party Developers.
- Operation of the decentralized gaming and Ted platform.
This ecosystem is like a world of its own, a planet in a universe. It's a community of game lovers, players, game developers, publishers, and advertisers. Here a player can choose from the multiple available games to play either alone or with other community members. Not just the player alone benefits from this decentralized ecosystem but the rest of the community. Some notable features in this ecosystem include;
- GAME PUBLISHING - This includes the ability to develop and publish games by Tedchain and also other third-party developers.
- TEDCHAIN GAMING AND COMMUNITY PORTAL - This is where gamers get to play their online games either with self or with other games and also access the TED marketplace to get virtual products to ease their gaming experience.
- TEDCHAIN MOBILE APP STORE - The TED ecosystem is not only for online games as players can also download the games to their mobile phones and PC. More interestingly is that all games no matter the platform can be managed via one account.
- TEDCHAIN REWARD & IMMUTABLE VOTING SYSTEM - Includes the monetization as players get rewarded for playing games. This for sure would ignite the interest of gamers and intending gamers. It would also give a sense of achievement to the gamers as they can now earn money doing what they love!
TOKEN
Tedcoin is a private, secure, untraceable currency. In the Gaming Ecosystem, you are your bank, you control your funds, and nobody can trace your transfers. Privacy: Tedcoin uses a cryptographically sound system to allow you to send and receive funds without your transactions being easily revealed on the blockchain (the ledger of transactions that everyone has). This ensures that your purchases, receipts, and all transfers remain absolutely private by default. Security: Using the power of a distributed peer-to-peer consensus network, every transaction on the network is cryptographically secured. Individual wallets have a 24 word mnemonic that is only displayed once, and can be written down to backup the wallet. Wallet files are encrypted with a passphrase to ensure they are useless if stolen.
Untraceability: By taking advantage of ring signatures, a special property of certain types of cryptography, Tedcoin is able to ensure that transactions are not only untraceable, but have an optional measure of ambiguity that ensures that transactions cannot easily be tied back to an individual user or computer.
In order to achieve this goal Tedchain will create a gaming ecosystem with the TED token used as a means of payment to trade game products, grow the liquidity pool in the network and scale transactions. Funds raised as part of the ICO will be used primarily to acquire new players, develop a state of the art matching engine and expand the range of game products. Only TED holders will be able to trade on the Tedchain Gaming Ecosystem. Total of 1 billion TED tokens will be issued on the Ethereum blockchain as a standard ERC-20 token. The TED is the in-project utility token which is used by main actors like a payment instrument:
- Gamers can buy TED coins to use them in any game published
- 3rd Devs can pay for additional marketing opportunities for their games
- Developers and Publishers can reward gamers.
exchanged into TED coins and vise versa. TED coins are the in-game currency
you can use in all games published through our games portal. Every TED token is either stored in user’s Ethereum wallet, or is in the game and therefore is mapped to one of player’s accounts.
The following will be available only for payments in TED:
- Purchase Items,
- Player-to-player trades inside the game A player will have three ways to purchase TED:
- On a crypto currency exchange, for another coin (BTC or ETH).
- On the game site, for fiat currency.
- Inside the game, using Google Play or App Store payment mechanism.
Tedchain is an distributed ledger technology. It is suited for organizations wishing to issue and manage digital assets in a robust, secure and scalable way.
TED P2P NETWORK
Tedchain runs on a dedicated peer-to-peer network, game-optimized blockchain. The global Ted P2P mesh network is the foundation that all aspects of the Ted ecosystem are built upon.
TED BLOCKCHAIN
Building on the P2P model, the Tedchain is optimized for gaming, and has been designed with powerful smart contract-based features to allow game publishers and server operators to provide gamers with the highest possible quality aming experience.
CONSENSUS PROTOCOL
TedLab has developed a novel consensus protocol, based on the best of existing Proof-of-Stake and Proof-of-Authority protocols. Tedchain uses PoS based consensus system that is designed to reward longterm participants within the Tedchain ecosystem.
SECURELY COMMUNICATE
Tedchain provides the ability to securely communicate between devices running the Tedcoin wallet. Secure communication between users can occur between single users or between groups. Tedchain provides a platform for users to create channels that broadcast signals and data into Tedchain. It allows for small amounts of immutable data to be added to the blockchain.
IN-PLATFORM UTILITY TOKEN
Game developers can tokenize practically any in-game asset, from inventory items to achievements, cross-game exclusives, and tournament awards. Players can exchange tokenized assets in-game, across games, or for tradable asset such as the platform's own Tedchain, providing real world value which can be supported on any external exchange. Game publishers can sell their own tokenized assets on the Ted Marketplace directly to gamers, or even create their own fundraising crowdsales by creating a platform token directly on the Tedchain. Smart contracts can be created for events, tournaments, in-game statistical reporting, auctions, or for practically any other use case.
ICO Summary
- Token Name and Symbol Tedchain (TED)
- KYC/AML Request for Private Sale & Public Sale
- Methods of payment Payments in fiat and 70+ coins
- Softcap & Hardcap 5,000 - 37,500 ETH
- Volume 1,000,000,000 TED
- Total Allocation 700,000,000 TED
- Token Privileges In-platform utility token
- Token Emission August 10th
- Hardcap 15,000 ETH
- Token Sale Week 01: 1 ETH = 20,000 TED
- Week 02: 1 ETH = 19,000 TED
- Week 03: 1 ETH = 18,000 TED
- Week 04: 1 ETH = 17,000 TED
- *** Bonus 5% if invest 2 ETH and 10% for 4 ETH
- Min/Max Contributions 0.1 – 4 ETH
- Token Sale 70%
- Bounties 05%
- Management & Team 15%
- Reserve 10%
Usage of Proceeds
- Ecosphere development & launch 20%
- Games development 30%
- Team and founders 08%
- Promotion & Marketing 23%
- Advisors and partners 15%
- External Legal Services 04%
The team is made up of well-experienced individuals in the various fields of Gaming, cryptocurremcy, business, marketing amongst many others. A full detail of the team can be seen on the white paper.
ROADMAP
In conclusion, Blockchain technology has always been seen to have an immensely positive impact when integrated into a real-life use. This concept by Tedchain is a brilliant one not just for the gaming industry but also for the crypto world as it would spark the interest of new users to learn more about cryptocurrency as a result of TED. I believe in the delivery power of the team based on their validated and outstanding credentials, I wish for them all the best and look forward to seen Tedchain been the biggest innovation ever in the gaming world.
Website: http://tedchain.network/
Whitepaper: https://drive.google.com/file/d/1bP2SPF4-s1PcPkJWzfc4cRNGfVQnOhMf/view
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4471369
Twitter: https://twitter.com/tedmorning
Telegram: https://t.me/tedmorning
Author : Ghaniindependen
My Profile Btt :
https://bitcointalk.org/index.php?action=profile%3Bu%3D1318272
My ETH wallet :
0x1a505ccE73B679996E68Bf954334c098f21F1dDB
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