Video games have come a long way since their inception. The Magnavox was the first gaming console ever created. Designed by Ralph H. Baer and first demonstrated at a convention in Burlingame, California, on May 24, 1972, Magnavox and affiliates sold the console through 1975. Ground-breaking at the time, this would become the genesis of the gaming industry that we’re familiar with today. With just a few wires that electrically connected a few parts of the internal console hardware, one controller, and the ability to play only a single game (Pong) – who could have foreseen what is possible today?
Almost fifty years later, the emergence of blockchain technologies combined with the ever-growing gaming industry has created unseen hype levels – not just for the game developers but the gamers themselves. As DeFi (decentralized finance) and NFTs (Non-Fungible Tokens) continue to gain traction and attention, there is no doubt that the next step in the evolution of gaming will branch out to this undiscovered world of possibilities.
Exeedme is a revolutionary gaming platform that is powered by DeFi and NFTs. Built on the Polkadot Network to ensure the security, scalability, and interoperability required to meet the demand of gamers across many different digital worlds. Their vision is a simple but powerful one – to build an ecosystem that rewards all gamers while providing a level playing field for all. Never before have we witnessed a blockchain-powered tournament platform that allows gamers of all skill-levels, developers, and organizers to monetize their skills.
Globally, one in four people are gamers – this equates to a total of 2.7 billion gamers worldwide, according to Newzoo. 61% have experienced post-purchase regret due mainly to the predatory monetization tactics that have grown rampant in the past decade. Although this “Free2Play” model has been quite successful, there are some significant drawbacks. A “Pay To Win” mentality seems to have taken control of the industry with no signs of reversal.
These include the constant need to shovel hard-earned money into the bottomless pit of in-app bundle purchases while also dealing with countless ads annoyingly placed at strategic points in the games. Without a mountain of cash at the helm, the vast majority of players will be at an unfair disadvantage. They say that money can’t buy happiness, but it most certainly can – if you’re a gamer.
Picture one gamer (Player A) with unlimited resources against a gamer (Player B) that isn’t so fortunate. Player A has the best weapons, armors, accessories, skins, levels and may also receive special perks like discounts, early access to skins/levels, abilities, etc. The gaming industry of yesteryear was created with the intent to make as much money possible, as fast as possible. As we proceed to witness how DeFi and blockchain tech shapes the new digital world, a new challenger has emerged.
Enter Exeedme, a unique blockchain startup where the platform’s primary focus is to provide a means for ALL gamers to earn income, participating in a hobby they would spend time on anyway. The current requirements to earn income as a professional gamer is severely flawed – and only favors those with a sponsorship deal or bottomless pockets.
With the Exeedme platform, gamers worldwide can play, earn, and compete with their peers – fairly.
- The native token for the Exeedme platform is $XED.
- The total amount of tokens in circulation are 100,000,000.
- The initial MC (market cap) is $875,000.
- The total raised for the Seed & Private sale amounts to $900,000.
- The initial Uniswap liquidity will total $200,000.
Usage of Funds
- 45% of the funds will be used to support the developer team
- 30% for marketing actions such as partnerships, awareness, and go-to-market strategy
- 15% of funds will be used to provide liquidity to Uniswap and other exchanges
- Legal, Regulatory, and Security will represent 5% of the total funds raised
- 5% for General and administrative expenses
DeFi & NFT Application
There are several advantages of the XED tokens that allow for multiple profit-outputs, which should give XED plenty of use-cases beyond using the platform to ensure fair gameplay and rewards for all participants.
Game Mining For Players – By staking XED or providing liquidity, players can unlock XED tokens and NFT rewards that can be collected based on their activity on the platform. The more games the players play, the more opportunities they will have to earn XED with exclusive and rare NFTs.
Access for Players – By staking XED, players get access to the launch of exclusive NFTs and FTs from collaborations with game developers and gaming communities.
Access For Organizers – By staking XED, organizers can create communities with the ability to organize tournaments and leagues. The more XED the organizers hold, the bigger the event becomes.
Governance For Players – By staking XED, gamers are firmly in the driver’s seat when it comes to critical decisions regarding the future of the Exeedme platform.
Governance For Organizers – By staking XED, the organizers can vote on new features, games, and reward distribution on the Exeedme platform.
Meet the Team
The team assembled by Exeedme is quite impressive. Armed with a roster jam-packed with experience, talent, and versatility, Exeedme looks destined to not only succeed but to dominate the gaming industry in the coming years.
Francisco Varela – Co-Founder
A serial entrepreneur with five successful ventures under his belt, Francisco is the founder of the first marketplace exclusively built for gaming-gear. As an experienced team-builder/team manager, he currently manages more than 100 FTEs (Full-Time Equivalents).
Nuno Fernandes – Co-Founder
As an M&A (Mergers & Acquisitions) manager with over thirty successful deals and over $1 billion in closings, Nuno also has two successful ventures to his name and has advised tech and blockchain entrepreneurs on raising VC (Venture Capital) and PE (Private Equity) growth capital.
Guilherme Almeida – Advisor
After being employed by Blip, Blip was later acquired by Betfair. Guilherme then co-founded Mindera, a software craft studio with 500+ participants spread across three continents. He is also the CTO (Chief Technology Officer) of HOLD, an all-in-one crypto/cash app.
Nuno Correia – Advisor
Nuno is the Founder and CSO (Chief Strategy Officer) of Utrust, a blockchain payment company whose objective is to improve the accessibility of digital assets and increase cryptocurrency adoption for businesses.
Rui Teixeira – Advisor
A serial entrepreneur with over five years of experience, Rui is well-versed in developing blockchain products. He is also the Chief Executive Officer (CEO) and Co-Founder of BetProtocol, a blockchain-based SaaS (Software-as-a-Service) empowering businesses and entrepreneurs to launch Esports gaming platforms.
Fox – Ambassador
Fox’s talent as a sniper in the classic FPS (First-Person Shooter) game, Counter-Strike 1.6 for the PC back in 2006. His incredible skill with the AWP (sniper rifle) turned heads, and he eventually signed with the French team, G2 Esports, which was trying an international team with European players.
Fair play, being resistant to cheating, and being rewarded for playing a game (regardless of victory or defeat) sounds like something that should be commonplace in the gaming world today. However, we still see an abundance of unfair matches, cheat-codes/hacks being used, and rewards that consist of worthless points/prizes that don’t amount to anything of inherent value. Unfortunately, these issues, among others, often cause gamers to regret their purchase a majority of the time.
The gaming industry is double the size of the music and movie industries – combined. With so much growth-potential and possibilities, the product/market-fit is undeniable. As long as the total number of gamers continues to increase globally and exponentially, Exeedme is a platform to keep in mind as blockchain tech and the gaming industry continue to evolve going forward.
The Daily Chain
*Disclaimer – Exeedme is our Media Partner, and this content is made possible with their support. The above article does not represent financial, investment, or trading advice, and we do not recommend the purchase of any cryptocurrency or product without consulting a financial aid. The Daily Chain strongly encourages you to do your own research before making any investment decisions.