Game X Coin (“GXC”) proposes a solution to this problem by building an ecosystem that connects game developers, players, and games using blockchain technologies. A blockchain gives the GXC ecosystem three unique and important characteristics:
- a blockchain’s distributed ledger prevents in-game assets from being manipulated and preserves their value
- a blockchain fosters trust between game developers and players so they can build a mutually beneficial ecosystem
- a blockchain drastically reduces expenses for both players and developers by removing intermediaries, such as transaction intermediaries and payment gateways, and shares the profit arising from it with game developers and players.