About Crypto HongBao
Crypto HongBao – a DAPP (Decentralized Application) built on the Ethereum network – is a cryptocurrency designed to replace traditional in-game currencies.
With over 10 years of development experience in the game industry, our team envisioned the endless opportunities that blockchain technology could bring into games. Crypto HongBao uses blockchain technology to deliver a system that can revolutionize in-game purchasing functions and provide top-level safety and security. Implementation of Crypto HongBao into the game development process is simple - a highly desirable and valuable factor for developers. Crypto HongBao is planned to be sold on decentralized exchanges to make acquisition easier.
Crypto HongBao is one of a kind. This Ethereum DAPP takes advantage of distributed network technology and encryption protocols found within decentralized blockchains, reinforcing two crucial functional aspects of games: stability and security.
Ethereum operates through uploading Smart Contracts into blockchains, which enables different contracts to be uploaded and shared safely without the interference of an intermediary. This concept allows a new approach to game services. Rather than having an administered main server, developers can take advantage of the shared network created by Smart Contracts. Common issues of games services such as in-game money duplication, embezzlement, and match fixings are made irrelevant through this system and can therefore eliminate many security-related costs