ugChain: Creating Decentralized Game Ecosystems Through Blockchain

ugChain: Creating Decentralized Game Ecosystems Through Blockchain

ugChain is an ecosystem consisting of a decentralized set of applications, and essentially a decentralized account system (DAS) that utilizes blockchain technology where they have a built-in exclusive token named UG Token (UGT), which as well as having equity attributes and monetary attributes.

DAS or may also be referred to as a Decentralized Account System featuring user autonomy built on Ethics, providing a user experience that is not troublesome in authorizing information across service providers by simply asking the user to sign with his or her key, rather than the traditional way of registering and login password under each of the centralized service providers.

Gamma board certainly will not discuss this project if it is not related to the game at all, yes, ugChain first entered the gaming industry and worked with 360, Hoolai and other famous game operators to design game ecosystem solutions with application scenarios including game distribution channels, game accounts, game payments, virtual commodity purchases, E-games, league holdings, fundraising, community and other scopes.

After two months of collaboration adjustment, ugChain has officially completed integration with a well-known Japanese game team led by Andy and issued a new cryptocurrency named UGC. ugChain uses a double blockchain mechanism, which complies with the application of a decentralized ecosystem and the ease of use of principles to support eco-participants in different countries and regions setting up participant apps; ugChain will also expand global markets, promote innovation in the blockchain industry, and then benefit all members of the community .

The main goal of ugChain’s establishment is to build a “blockchain UG”, which leads the global ecosystem of a decentralized gaming industry with the ultimate goal of achieving large numbers, the strong influence of a decentralized account balance system, and solving most of the problems in today’s centralized applications. After six months of continuous development, ugChain completes the integration of initial resources and application construction for the gaming platform, and will enter a critical period of application promotion and ecological chain construction.
ugChain is an open platform that offers a variety of contract programs to facilitate active participants in the gaming community as channel operators, they can access the games they want, and then retain their users, get the appropriate benefits when users download, reload, etc. Access games can be distributed at distribution centers provided by UG service providers. Each participant holding UG accounts can create independent channels based on services provided by the platform to build their own profit promotion system.

In traditional transaction mode, inter-player transactions will be processed by a third-party service provider that will confirm the seller’s game assets, connect the seller and buyer accounts to transfer accounts and funds, and collect fees. This centralized transaction mode is vulnerable to fraud from buyers or sellers. The industry of game asset transactions is now growing rapidly, but the centralized transaction mode has hampered industry development due to fraudulent risks, long transaction times and other losses.

However on the ugChain system, Game assets owned by game players can be registered with blockchain according to the player’s address. Therefore, users can transfer the game assets safely and quickly through smart contract. For the transfer of game assets controlled by smart contracts, the transaction process will become more transparent, convenient and secure, and transaction results will be irreversible and can be tracked permanently. More details please note the following picture:

Users can recharge inside the game, buy props and do other things with the ugChain platform. Recharging and other processes involving payment of tokens and transfer of game assets will be done through smart contract . Prop trading will be supported with asset support from game carrier. Assets are transferred by contract through blockchain. Contract performance will simultaneously realize the gainsharing to channel operators, and everyone can be a channel operator where it is suitable for many scopes including games, gift broadcasts, paid reading, ugChain already have strategic partners in this field.
Users can recharge inside the game, buy props and do other things with the ugChain platform. Recharging and other processes involving payment of tokens and transfer of game assets will be done through smart contract . Prop trading will be supported with asset support from game carrier. Assets are transferred by contract through blockchain. Contract performance will simultaneously realize the gainsharing to channel operators, and everyone can be a channel operator where it is suitable for many scopes including games, gift broadcasts, paid reading, ugChain already have strategic partners in this field.
Carry itself is a point-to-point mobile game fighting platform, a battle platform that can be customized with gambling conditions and win prize pools, supporting multiple mobile games including the King of Glory .

UG wallets will be available that can be used to manage blockchain assets, blockchain assets can be transferred in and out, including UGC and ETH, also a token management tool application for users. In addition, the wallet app is an autonomous community of players, users can participate in voting, discussions, etc. The wallet has a balance management function that can realize the addition of blockchain asset transfer now.

Each UGC holder can also start a proposal in the ugChain community. The proposal should be in accordance with the direction of community development. The results of joint proposals are chosen by the whole community. By the time the proposal is launched, the current status of the block will be considered a reference standard for UGC shares. The more holders of UGC hold, the greater the weight of the holder.

Competition point-to-point on blockchain, offline league, live and timeline drills, these four dimensions expand the vitality of the game to create a sub-ecommerce e-sports industry.

Conclusion

ugChain is a platform that utilizes blockchain technology from ethereum using smart contract ERC-20 which will help you in transacting much more safely, including buying and selling of in-game items as well as some other scopes. We think this concept will be useful for the future.

Diclaimer : The PapanGame team and author are not part of this project, all articles in this page are informational only. If there is still you do not understand and want to be asked please visit their site below:

Website: https://www.ugchain.org/
WhitePapper: https://www.ugchain.org/downloads/UGC-Whitepaper-7.2-EN.pdf
Facebook: https://www.facebook.com/ugChain
Twitter: https://twitter.com/ugChain
Forum: http://ugchain.group/
Medium: https://medium.com/@ugChainOfficial/
Telegram: https://t.me/ugChainchat
Bitcointalk: https://bitcointalk.org/index.php?topic=2420674

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I am from the United States and a smart consumer takes Computer Science and experiences interior products. Being a dynamic person at the age of 30, I find it healthy and worthwhile to create a blog that can interest you as a reader...

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