Qbao Network and PlayCoin are jointly building a brand new gaming platform QbaoNetwork Follow Feb 12, 2018 · 4 min read

Recent the well-known game platform PlayCoin and Qbao Network jointly reached various cooperation consensuses on online game store building and many others.

It is learned that the main content of this cooperation is that Qbao Network will add PlayCoin game portal as a game channel in its platform-based APP where users can use PlayCoin (PLY) to purchase props or other digital assets in the brand new game center. In addition, the current version of Qbao Network supports Qtum, QBT, VUE, INK and other tokens, the subsequent will be based on cross-chain technology to support more coins and tokens. The PlayCoin (PLY) token will be added to the newest version of v2.2 Qbao Network to achieve more convenient and more secured payment.

PlayCoin is a blockchain project focused on gaming and digital marketing, it is dedicated to revolutionizing the structure of digital game market that has long been dominated by big players such as Google Play, App Store, and Tencent. PlayCoin is developed on the Qtum chain technology, it offers individual game developers and participants an inexpensive and secured game platform.

The unique Social Mining system and the huge PlayCoin Alliances can make the PlayCoin ecosystem more robust and stable. The so-called Social Mining is that independent game developers in the platform are free to release their own works, also, gamers (including the internet celebrities and KOLs, citizen media users, etc.) are allowed play the demos of their favorite games, and share the gaming experiences on SNS to gain a certain amount of PLY from the reward regeneration system. Game developers, media, basically, every ordinary user on this platform, is allowed to enjoy the game and get a decent payment at the same time. Additionally, PlayCoin also has a strong PlayCoin alliance as a collaborative support, that makes PlayCoin’s ecosystem more alive and diversified.

Qbao Network, as a BlockChain platform application with a growing number of users, has offered a complete social network service and multi-token payment system. Qbao Network team said they will add a brand new game center to its upcoming version of 2.2, which coincides with the development of PlayCoin.

Qbao Network announced publicly: Basing on the advantages of Blockchain technology, the cooperation between the two companies will bring us a new generation of online game ecosystem transformative operation mode, the main two major advantages are:

A new complete ecosystem that is more inclusive and open than ever before. More game developers can publish commercial products with their own intellectual properties at low commission costs in the next-generation online game store; It encourages users and social media KOLs to actively participate in quantifiable community communication; High-quality works that attracts more players to join and promote the community. Participators from the whole industry help to realize the competitive and growth-able online game ecosystem. Blockchain technology can maximize the protection of the rights and interests of all participants. Through peer-to-peer online payment and platform design based on smart contracts, game developers gain equal access to copyright benefits; community communicators can receive a transparent and steady return by gaming; decentralized design will ensure participator’s risks and rewards. Thanks to this win-win model, the new system will boost the profitability of the whole industry chain and realize the healthy development of the overall ecology.

Dennis, the co-founder and CEO of PlayCoin, said: “ The cooperation between the two parties will be a milestone for both. For the Qbao Network, the set up of PlayCoin game platform in its newest update, makes one step closer to the strategic goal, “The key to the world of Blockchain.”. For PlayCoin, this cooperation with Qbao Network is not only its first step to break the inherent structure of the game market, but also the first step of PlayCoin to the world.

The cooperation between Qbao Network and PlayCoin will truly enable the application of Blockchain technology from the fundamental level to the real usages, which provides the public with a fair and convenient online platform based on Blockchain technology.

— — Qbao Network & PlayCoin

Qbao foundation

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