What is EON?

EON Platform is initiated by EON Foundation , which is the multinational organization from the birth, with offices in Palo Alto, Beijing and Singapore. EON Platform is a decentralized game distribution platform, where gamers can discover, share and play games as well as social with other gamers. It is powered by blockchain technologies and is more efficient, trustworthy and globally accessible. The whole ecosystem is consists of several parts: game discovery system, game community, referral system and developer system. EON Token is the core of the ecosystem, and it is designed with the economic incentive mechanisms to reward those behaviors helping to grow the EON Platform.

Blockchain gaming startup EON Foundation has raised $5 million in seed funding from Cherubic Ventures, Wei Guo (partner of UpHonest Capital) and Feng Li (an early investor in Ripple and Coinbase) to build out its decentralized gaming platform. The EON Network, as it will be called, aspires to provide a cheaper, faster and decentralized way for developers to create new games and reach new audiences globally. With the gaming industry continuing to grow in size and value, some companies are looking into building games around Blockchain to take advantage of cryptocurrencies, tokens, and their benefits.

EON Protocol is meant to generate a “publicly-accessible system of smart contacts.” That will serve as a foundation for traffic flow between developers and gamers and offer an easy way for games to be launched on the various blockchains – such as Ethereum or EOS. The EON Network will join those other blockchains as another platform for developers to launch their titles on. Games which integrate EON Protocol will also be published on EON Network and will make use of EON, EON Foundation’s token.

EON Foundation’s first game, Crypto Alpaca, launched earlier this year and already has over 200,000 registrations. Crypto Alpaca is a decentralized pet-raising simulation game where you can adopt and breed alpacas. While existing crypto games are largely driven by community-assigned value based on personal aesthetic choices, Crypto Alpaca has a fiber-collection mechanic where you earn rewards based on your participation in the game. Unlike other pet simulation games, you can foster your ‘pet’ alpaca to increase it’s real-world value.

EON will utilize smart contracts to track traffic across the platform. Since every user’s behavior is traceable on Ethereum, it will greatly reduce fake traffic and makes it easier to calculate conversion rate and ROI. EON platform also have incentive mechanisms to motivate gamers to broadcast the game they like in a decentralization way.

The final result is a win-win for developers and gamers. While developers earn more money by reducing marketing cost, gamers discover games more easily and can even earn money by supporting the game they like.

The EON Foundation is not alone in their work to create a new generation of games on the blockchain. Its investment partners, as well as an advising team including partners at Zynga gaming, Facebook, and the USC GamePipe Lab, are working closely with the company’s heads to further develop the technology.

ICO INFO

ICO Date: July 25, 2018
ICO Price: 1ETH = 21000 EON, 1EON = 0.0280USD (0.00004760ETH).
Fundraising Goal: Soft Cap: 10000ETH, Hard Cap: 30000ETH.

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