Dedicated Gaming Blockchain Xenio Announces Platform Development
The future of gaming is decentralization. A dedicated peer-to-peer network system that supports real-time video streaming, chat, and other P2P features, such as distributed encrypted storage optimized for gaming. A system that has been designed with powerful, smart contract-based features to allow game publishers and server operators to provide gamers with the highest possible gaming experience.
[Note: This is a press release.]
This future is Xenio.
Xenio is a decentralized, open-source gaming network with its own distribution platform and game-optimized blockchain. The platform builds on and extends the distributed computing and smart contract concepts first described in the Ethereum white paper, enabling on-chain tokenization of in-game assets.
The Xenio gaming ecosystem uses distributed computing to solve the problems inherent in existing game distribution and asset management systems through a single, distributed peer-to-peer platform. The client platform connects gamers directly to distributed game servers based on optimized gaming and connectivity criteria. The dedicated blockchain enables optimization of game data distribution without suffering from the bloat and clutter of a shared, generic blockchain.
By tokenizing game assets, developers can enrich their games through immersive, real-world connections, rewarding gamers with tradable assets in or out of the game. These assets can be securely exchanged for other tokens or XNO coins. Decentralized blockchain technology and smart contracts facilitate gamers’ purchases of in-game items between trusted or anonymous third-parties for real money on a trust-agnostic platform, offering a greatly reduced risk of fraud and no counterparty risk.
Third-party community websites and game servers can also add their own value-added services to the blockchain. No other gaming distribution platform combines all of these services in a single, open-source client using a fully distributed network.
Xenio is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Images courtesy of Xenio
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