Egretia ICO Review( The World’s First HTML5 Blockchain Engine and Platform)

Egretia ICO Review( The World’s First HTML5 Blockchain Engine and Platform)

PROJECT OBJECTIVES

HTML5 is a structured language and content presentation for the World Wide Web, originally proposed by Opera Software and developed by the World Wide Web Consortium (W3C), starting in 2004. In 2008, Firefox became the first browser to support HTML5. In 2010, YouTube released a beta version on the HTML5 platform, with other big companies like witter, Pandora, Flickr, and LinkedIn making the same decision. However, big companies soon realized that building HTML5 applications was too difficult, even Mark Zuckerberg once admitted investing in HTML5 was the biggest mistake of Facebook. After years of neglect, the HTML5 gaming market has re-emerged as Instant Game features in messenger, wechat, line, and Kik messenger applications are integrated with nearly 4 billion users. By the end of 2017, the number of HTML5 game players battling nearly 50% of the total number of global phone users, total market volume of over $ 10 billion, is expected to reach over $ 100 billion by 2025. Real Given the rapid development of the HTML5 game market, the development and publishing of HTML5 games still faces many difficulties:

• Lack of global payment platform this makes the payment process incurring unnecessary risks from the credit card.
• There is no good solution for storing user’s virtual assets, Users do not have real ownership of digital assets when these assets are stored on the company’s server.
• There are no suitable solutions to “monetize” the flow of traffic from the game logically.
• There is no reasonable mechanism to protect the copyrights of HTML5 products.
• Lack of incentive for game developers to develop high quality products.

The ICE Egretia project aims to address these issues by developing a game engine (software designed to design and develop games, simply understood as intermediate software that interconnects multiple applications across multiple platforms. same system) on the first blockchain technology. Egretia’s new technology allows 200,000 programmers and more than 1 billion devices connected to the blockchain. Egretia is expected to include the following main products:

• Virtual Asset Transaction Platform: Provides a platform that allows players to build games on Egretia that can exchange digital assets.
• Advertising Platform: Build ad management systems on blockchain-based games, smart contracts, and electronic payments.
• Platform Game: Players can play games on this platform, the platform uses a proof-of-game (PPG) mechanism for electronic rewards for players as well as sharing with friends.
• Egretia Nursery: The nursery will support teams to develop games based on Egretia, creating a bridge between the player and the development team.
• Storage platform: By using the blockchain technology allows to store all the data in the game completely dispersed.
• Game development platform: HTML5 game development software on the first blockchain.

Components of Egretia

It is expected that Egretia will develop and run its own blockchain network as well as integrate with other blockchain such as EOS, ethreum. Some key features of the Egretia network

• Protocol Consensus: DpoS (Delegated Proof of Stake) is like Bitshare, EOS.
  Speed: over 2000 tps
• Flexible: Easy to change the Egretia network configuration like block creation time, block volume, transaction fees through voting.
• Effective development toolkit: Supports multiple languages Javascript, typescrip, HTML, CSS, Node.JS, Go, C ++, C #.

PROJECT DEVELOPMENT GROUPS

The development team consists of 4 main members, who have a lot of experience in the field of game design and development. Some prominent members:

• Peter Huang, founder of Egretia, used to be the technical manager of the Adobe Flash platform, having more than 18 years of experience in developing apps and games.
• Dirk Meyer, co-founder of Egretia, a senior manager of development, has 20 years of project management experience, contributing significantly to Adobe’s business and market development strategies.
• Yin Ma, a development team member, has nearly 20 years of experience developing compilers for the operating system, developing Fortran complier for Intel / AMD, working at large companies such as Microsoft, Absoft. , Qualcomm …
• Ross Przybylski, Founder of D20Studios, Extreme Production Director at Electronic Arts, one of the world’s largest game development companies, has over 15 years of software development experience including 10 years of game development. ..

ADVISORS

Roadmap

• Quarter 2/2018: Release of development tools, smart contracts and test chain.
• Quarter 3/2018: First release of electronic game titles and applications on Egretia blockchain.
• Quarter 4/2018: Released alpha release of the Egretia Blockchain SDK development kit.
• Quarter 1/2019: Released e-wallet version for users.
• Quarter 2/2019: Released platform game development on the blockchain.
• Quarter 3/2019: Completing the Egretia virtual property transaction platform
• Quarter 4/2019: Complete the Egretia advertising platform
• Quarter 01/2020: Support for other blockchain platforms such as Ethereum, EOS …
• Quarter 2/2020: Release the first complete version of Egretia blockchain.

PROJECT EVALUATION

Strengths of the project:

• The project is aiming at potential game development market with a growth rate of over 10% a year. The expected revenue of the HTML5 game team will reach 100 billion in the next decade.
• The idea of ​​the project is quite good to solve the current problem of the game industry, developing the first blockchain game development platform.
• The development team and advisory team are experienced in the field of video games, blockchain technology used in large companies such as NVIDIA (Game Engine, Graphics, Qualcom, Adobe). In addition, the project also received capital from a number of large funds such as Bit Angel. This partly confirms the feasibility of the project. Especially the advisory group has great influence in the field of electronic money.
• Egretia is now partnering with Egret Tech to enable its current integration and access to more than 200,000 programmers, Microsoft partners, Xiaomi, Tencent, and 75% of the HTML5 game market. China.
• The project is currently undergoing beta testing.

Challenge of the project

The fierce competition from big rivals will be a hindrance to Egretia.

CONCLUDE

The ICE Egretia Project was one of the most notable ICO projects in the second quarter, but the project has not yet provided detailed details of the token metrics. We will update as soon as possible.

LOOK FOR MORE INFORMATION

Website: http://egretia.io/
Telegram: https://t.me/Egretia
Twitter: https: //twitter.com/Egretia_io
Reddit: https://www.reddit.com/r/Egretia/
Github: https://github.com/Eretments
LinkedIn: https: //www.linkedin.com/company/egretia/
White paper: http://egretia.io/static/Egretia_White_Paper_V1.0.pdf