Analysis News

Egretia (Egreten): blockchain for HTML5 games

The fifth version of the hypertext markup language HTML5 was published back in 2014, browsers supported the standard even earlier. The main differences are the best level of multimedia support and orientation to mobile traffic. In particular, HTML5 eliminates the need to use outdated Flash technology. Egretia is the project which transfer the benefits of HTML5 to the blockchain. The goal is clear: with the help of the blockchain they solve the problem of copyright compliance of online game developers on the Web. At the same time (using the Egreten token), an attempt is made to create a single platform for gaming virtual assets.

The game industry for decades is the most profitable area of ​​the IT market. But the authors of Egretia suggest that developers of applications of any kind will also work on their platform.

egr_apps

Egretia is partnering with Egret Technology, which for four years, is focused on developing the HTML5 workflow. It created 14 products, involving more than 200 000 developers around the world. The created content is used on 1 billion mobile terminals.

egr_eco

The goal of the project is to create a complete ecosystem for users. It includes:

  • a unique passport with digital encryption, created for each user.

  • everyone is given the opportunity to create a digital wallet with a high degree of security, which will be used as a secure payment platform for all HTML5-block chain applications.

  • own digital token Egreten.

In terms of technical implementation, Egretia promises, in addition to reaching more than 1 billion users of mobile terminals, also:

  • to add smart-contract technology to HTML5 server logic:
  • to offer developers an open documented SDK to create, in essence, the developer ecosystem.

The authors expect that 40 million users of the Egret gaming platform will form a professional distribution team for games and applications. And the promotion of games and applications will be done with the help of FaceBook and Google, which – for a minute! – strategic partners of the project.

With the help of the blockchain it will be possible to obtain the following specific advantages in this environment:

  • Simple transfer of ownership of gaming assets, incl. between projects;
  • The possibility to increase competition in the ranks of developers, which will lead to an improvement in the quality of video games;

  • Introducing an economical, secure microcredit system for trading video games;

  • Promoting an effective financial system of video games;

  • And also – the removal of the scam.

 

Tokenomiks

Ticker: Egreten

Total tokens: 8,000,000,000

On sale: up to 39%

Foundation: 27%

Marketing & Business Partners: 14%

Team, Contributors & Advisors: 20%

Softcap: 10,000 ETH

Hardcap: 35,000 ETH + 6,000,000 CMT(CyberMiles)+ 1,000,000 ABT(Arcblock)

egr_token_distr

Presale

KYC / AML: Required

Registration commencement: April 30, 2018.

Cap: 25,000 ETH

Price: 1 ETH = 84,000 EGT

Min. Fees: 100 ETH

Maximum contribution: 1000 ETH

Lockup Period: 4 months.

 

Public sale

KYC / AML: Required

Period: May 26 to May 30, 2018

Cap: 10,000 ETH + 6,000,000 CMT (CyberMiles) + 1,000,000 ABT (Arcblock)

Price: 1ETH = 70,000 EGT

Minimum fees: 0.1 ETH

Maximum contribution: 3 ETH

Without locking

 

Team

The project involves high-profile persons from Qualcomm, Adobe, Microsoft, etc., as well as specialists in the field of blockchain, engaged in the integration of blockchain technology and HTML5, with the experience of Egret instrumental technologies.

Founder Peter Huang is an entrepreneur, technical manager of Adobe Flash Platform, has 18 years of experience in developing Internet projects and games.

Dirk Meyer – co-founder, senior program manager at Adobe, More than 20 years of experience managing global projects. Made a great contribution to the strategic business plans of Adobe and innovative programs.

Advisors

Lucas Lu – Ph.D., Singapore Management University, founder of 5miles and Cybermiles. The first general manager of the Taobao platform  (Alibaba). Co-Founder and CTO Light in the Box.

Frank Lee is the founder of several start-ups and an angel investor. Developed the first successful ASIC for Litecoin. Co-founder of companies in different spheres – gaming, VR, AR, IoT.

Hongfei Tian is a founding partner of iVision, founder of Yardwallet’s mobile wallet.

Yong Yao is a pioneer of the Chinese game industry, founder of Wing Hang Technology.

 

Partners

In the list of partners – 13 positions. Plus media support – 11 more, including Yahoo! Finance

egret_part

Roadmap

Detailed and realistic roadmap.

egr_Roadmap

Conclusions

A very promising project, focused on the ever profitable gaming market.

A convincing team plus – especially – very strong advisors.

At the same time, the projects CyberMiles (CMT) and Arcblock (ABT) are moving forward.

A little alarming is the great marketing activity. And a permanent appeal to 1 billion users of mobile gadgets.

And – by the way:  judging by the fact that the founders of the project are firmly connected with Adobe, this respected company has found a way to compensate for losses from HTML5 due to the cancellation of Flash.