The mobile market is increasing in an alarming rate. In 2017, the number of smartphone users exceeds 2.3 billion, or 31% of the world's total population. It is estimated that by 2020, this figure will reach 3.6 billion. This has resulted in the growth of mobile applications and games users across the globe.
This directly implies on the increasing potential for monetization of games. So far there isn’t any platform where users can not only to spend time, but also to earn money, playing puzzle games etc .
IQeon’s ecosystem has rapidly launched of new products to attract gamers to compete with each other for a variety of intelligent and logical tasks, to receive legit fiat tokens in return.
The Ecosystem
The platform hosts motivational and personal growth based scenarios, majorly in the fields of education, sports, and health lifestyle. They have built different scenarios for the abovementioned fields.
Using the IQeon game currency, IQeon tokens are exchanged for the IQeon earned while playing the game. These tokens can then be freely purchased and sold at the cryptocurrency exchanges. Additionally, IQeon pays its developers to earn money from each bet that they conduct. The split up is in 88% and 12% where it 50% of the platform’s fee is paid to the developer as a reward.
Apart from these, the platform provides a number of benefits to the players. Firstly they are given high reliability for their participation; the transactions are repeatedly recorded in the decentralized system therby protecting them from any fraudulent activities. They also have the advantage of remaining anonymous in their identity. The platform also provides them a high liquidity opportunity where the tokens can be exchanged for fiat money.
The Technology
The IQeon API assists in the quick integration of products into an existing ecosystem. Their SDK helps with the swift expansion of new applications based on existing scenarios on the IQeon platform. They have control subsystems to records transactions on the IQeon blockchain and for the interaction with smart contracts. The entire platform is secured using high encryption and is decentralised providing the best combination of security and transparency.
ICO
The IQeon token is called IQN and is complies with ERC20 standard. This means that the tokens are freely transferrable from one wallet to the other with Ethereum. The tokens exchange rate is 1 ETH = 325 IQN.
For the process of fundraising they have realised a total of 10,000,000 tokens for the pre-sale and sale. The pre-sale will be conducted in two rounds. The first round will be between December 15, 2017 -December 24, 2017 and round two is held between January 8, 2018 and January 15, 2018. Both the rounds are currently over.
Hence, interested participants can be a part of their Crowd sale which has begun on January 30, 2018 and will go on until March 13, 2018.
Conclusion
The IQeon platform has already scaled many levels since their launch. Their Pre ICO’s were a hit among investors. Currently the ICO is going on in a big scale and they are looking at developing additional features for the platforms with the funds raised.
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