MOXY utility tokens
How Cryptocurrency Public Ledgers Work
A cryptocurrency is an encrypted, decentralized?digital currency ?that facilitates the exchange of value by?transfer of?cryptotokens ?between network participants. The public ledger is used as a record-keeping system that maintains participants’ identities in secure and (pseudo-)anonymous form, their respective cryptocurrency balances, and a record book of all the genuine transactions executed between network participants.
About
eSports is one of the fastest growing entertainment industries in the world1, with millions of video game players observing—but not engaging in—online eSports events, competitions and tournaments. As the industry continues to grow, Moxy intends to capitalize on the massive demand for a blockchain-enabled software platform that will allow all players, not just eSports professionals, to access a wide variety of their favorite games and play them in real eSports competition mode. to the bowl.
The video game industry has grown to encompass three main platforms: consoles, personal computers and mobile devices. Console gamers usually buy and play the titles of their choice via Xbox or PlayStation, while PC gamers access their favorite games via Steam or Epic. Likewise, mobile gamers know that they can download games from the Play Store or Apple Store. But where do gamers go if they want to get involved in the eSports version of the game of their choice? There is no place. The eSports platform currently does not exist.
To meet the needs of this existing market, Moxy believes that it has created the only eSports gaming platform. Two main elements are needed to achieve this:
The Moxy platform leverages blockchain technology to create a secure Global Gaming Token, MOXY, which enables real-time transactions and ensures that players and publishers are protected against fraud, hacking and other malicious activity. With a growing player base, unique game integration methods and nearly unlimited competitive game modes that provide real prizes in real games, the Moxy Platform is ready to launch this new category in gaming and truly become the one and only eSports gaming market.
MOXY FOR GAMERS
The Moxy platform is the only platform that can provide players with eSport enabled versions of their favorite games. Moxy Club members can explore the game store and access games as they normally would on other platforms. When players access games from the Moxy game store, they get the base game enhanced with the Moxy Platform, which enables additional eSport game modes. All eSport activities occur naturally within games that operate on the Moxy Platform, providing players with a unique gaming experience that is integrated with a secure, blockchain-enabled platform. The Moxy platform also provides players with an integrated digital wallet that makes MOXY usable across all the games they play, ensuring easy access to competitive gameplay regardless of geographic region or local currency.
MOXY FOR PUBLISHERS
For publishers, the Moxy Platform provides a global eSports-ready audience of players and the tools to tap into this growing market quickly. The Moxy platform is unique in providing an API integration stack that connects seamlessly with existing console, PC, and mobile games, enabling publishers to quickly and easily enable their games to feature eSports game modes.
The costs, overhead and risks associated with launching an entire eSports ecosystem for a single game are too great for a single game to handle. The Moxy platform is a global eSports platform and ensures regulatory compliance and compliance with legal requirements for players and publishers. Players benefit from a single KYC requirement, login, integrated account and seamless user experience across all their favorite games. Publishers gain the confidence to know that the Moxy Platform stands behind them and with them by staying ahead of the curve in terms of regulatory and legal compliance to protect the integrity and lifecycle of the Moxy Ecosystem as a whole. simply put, The Moxy platform enhances game developers and publishers by enabling them to implement eSports game modes and by bringing eSports-ready players through Moxy Club. The Moxy platform, being a global eSports platform, eliminates regional differences and streamlines on/off ramps to local currencies. With Moxy, players interact using a single wallet + token instead of having to navigate the complexities of the current web3 landscape. The Moxy platform delivers no-frills play where the focus is fun and engagement without a steep learning curve. interact using a single player wallet + token instead of having to navigate the complexities of today's web3 landscape. The Moxy platform delivers no-frills play where the focus is fun and engagement without a steep learning curve. interact using a single player wallet + token instead of having to navigate the complexities of today's web3 landscape. The Moxy platform delivers no-frills play where the focus is fun and engagement without a steep learning curve.
Real Competition With Real Prizes
There are 2 elements that every eSports player fights for: recognition and rewards. Video Games without an eSports component often address recognition traditionally handled in-game through leaderboards and league systems, where players can see what skills they have compared to other players. While most players tend to care about recognition and this system works well, the same can't be said for traditional reward systems. These are often limited to cosmetics and other in-game assets that many players don't care about, especially in the case of fiercely competitive gamers.
By offering the MOXY cryptocurrency, the Moxy ecosystem allows players to truly utilize their skills and hard work. Each player entering the competition will be required to pay an entry fee in MOXY tokens, creating a pool which will then be split between the players (90.1%), the developer/publisher (6%), and the Moxy Foundation (3.9%).
Moxy Ecosystem
Creating a true eSports platform goes beyond enabling simple competitive game modes. There are many elements of the Moxy Ecosystem that work together seamlessly, such as:
eSport Ready Player Verification - Gamers must be "eSport ready" to engage in "Real Competition" for regulatory and compliance purposes. Moxy Club requires all users to go through a verification process; And
MOXY - Global Gaming Token which represents a single value for all gamers and facilitates eSports competition;
Moxy Admin Portal - It manages Moxy Club members, statistics, collection of items, games provided for funding and publishing.
Moxy Club - Moxy Club brings gamers ready eSports, game marketplace and game launcher, and completes all transactions of all games, allows gamers to buy and manage MOXY, and facilitates governance through voice meetings;
Moxy Forge - This is a core set of APIs that allow game developers to implement eSports games and interact with participating games;
Moxy Foundry - Foundry is a developer toolkit. Developers need to upload the game in Foundry, then the game is assigned an API key to Forge.
Moxy Governance Rewards - Moxy Club members' participation in voting events that are critical to the evolution of the Moxy Platform. Moxy Club members who are involved and fulfill their obligations will be rewarded with MOXY.
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Moxy Platform - The MOXY token economy built on blockchain flows. The Moxy platform is a completely custom token economy with proprietary smart contracts, offline token signers, all built on Cadence.
PLAY Tokens - A secure token balance that cannot be held by any individual. PLAY tokens are converted into newly minted MOXYs within the Moxy Ecosystem to accommodate demand for tokens as the player base grows;
Proof of Play? - Rewarding players for engagement in addition to eSports giveaways;
SCORE Tokens - Generated by players when they engage with the system. Used as a mechanism to account for and distribute daily rewards that can be converted into MOXY.
MOXY understands that accessibility is the most important thing in the world of eSports. To ensure a level playing field for all, the Platform provides players with a unified digital wallet. This wallet allows gamers to use MOXY tokens in all the games they play, removing barriers imposed by geographic regions or local currency. This is a game-changer ensuring players from all over the world can easily find competitive gameplay.
CONCLUSION
The Moxy platform is an innovative eSports ecosystem that aims to revolutionize the gaming industry. It introduces unique features and game modes to popular titles, enhancing the gaming experience. Moxy's mission to make eSports enabled games the top choice for most gamers. An eSport-enabled game gives players more choice in how they want to play the game. MOXY owners will soon be able to use MOXY for its intended functionality by accessing the Moxy Platform on the Flow Network. In addition, the Moxy Platform offers significant built-in incentives/rewards to encourage
The Moxy x
tournament begins on August 8. It’s time to?#MoxyUp !?$MOXY ?tokens are available on?#MoxyClub ,?#MEXC ,?#BitMart ,?#XGo , and?#Changelly .?$MOXY ?tokens will be dropped to club members daily during the tournament. Learn More:?https://moxy.io/shockrods
For More Information about Moxy
Website :?https://moxy.io/
Whitepaper :?https://moxy.io/whitepaper/
Telegram :?https://t.me/moxyofficial
Discord :?https://discord.gg/moxyio
Twitter :?https://twitter.com/moxyio
Instagram :?https://www.instagram.com/moxy.io/
Linkedin :?https://www.dhirubhai.net/company/Moxyio/
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Bitcoin username: oladirano23
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0x78167678243d6DC61F8E50b9361d0701Ff3898b2
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