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XGC (X-Game Chain): A Blockchain Solution for Play-to-Earn Ecosystem






1. Introduction


XGC (X-Game Chain) is a new cryptocurrency developed for the Play-to-Earn (P2E) model. This platform aims to provide a new paradigm in the major P2E-related cryptocurrency ecosystem. To allow indie game developers to easily join the XGC ecosystem, XGC provides a detailed manual and operates an XGC development support team for remote support and, if necessary, dispatch and training of the support team.



2. Technological Architecture of XGC


2.1  Ethereum-based ERC-20 Token

XGC is developed as an ERC-20 token based on the Ethereum network. ERC-20 is one of the token standards of Ethereum, and various digital assets have been developed according to this standard. ERC-20 tokens run on the Ethereum network and use Ethereum's smart contract technology to securely process transactions and ensure interoperability on a decentralized platform.


2.2 Smart Contracts and Transparency

Smart contracts are one of the core technologies of XGC. Ethereum's smart contracts automate the fulfillment and verification of contracts, playing a crucial role in ensuring the transparency and security of cryptocurrency. XGC uses these smart contracts to process transactions between game developers and players securely and transparently. In addition, it implements an in-game reward system and P2E economic system through smart contracts.


2.3 Decentralization and Security

The decentralized nature of the Ethereum network is crucial in enhancing the transaction security of XGC. The Ethereum network operates on several nodes worldwide, following the principles of the blockchain. Such a decentralized network has no single point of failure, increasing its security against hacking or attacks. XGC leverages these characteristics of Ethereum to protect user transactions securely.

2.4 Interoperability

Since XGC is an Ethereum-based token, it is compatible with other Ethereum tokens. This compatibility enables XGC to ensure interoperability with other blockchain projects or digital assets. Users can use XGC to participate in other games, exchange with other digital assets, and carry out various activities.


2.5 Scalability

The architecture of XGC is designed to respond to future developments and changes. If improvements in the Ethereum network or new blockchain technologies emerge, XGC proactively adopts them to improve its services and enhance user experiences. This flexible design allows XGC to adapt to the continuously growing and evolving gaming market.



3. Token Allocation


The total supply of XGC is capped at 50 billion tokens.

  • Ecosystem Contributors: 40% (20 billion XGC)
  • Companies joining the Ecosystem: 20% (10 billion XGC)
  • Blockchain Ecosystem Development: 15% (7.5 billion XGC)
  • Project X Development: 10% (5 billion XGC)
  • Blockchain Development Team: 5% (2.5 billion XGC)
  • Unallocated: 10% (5 billion XGC)

The unallocated XGC will be managed flexibly, taking into account factors such as inflation and special circumstances.


The XGC intended for distribution to ecosystem contributors will be distributed through registration on a secure site. Site registration requires a referrer ID from a pre-registered user, and you must log in daily (based on Coordinated Universal Time UTC+0, one acquisition per day) to receive XGC.


Contributors who provide a referral code will receive an additional 10% of the base acquisition amount. This is part of marketing efforts to quickly and broadly acquire ecosystem contributors.


Moreover, as the number of contributors participating in the ecosystem increases, the number of XGC that can be acquired daily will decrease due to the halving mechanism. Starting from 100 XGC per day without halving, when 100,000 ecosystem contributors are reached, it will be 50 XGC, 25 XGC for 300,000, 10 XGC for 500,000, 5 XGC for 1 million, and 2 XGC for 5 million.


The XGC distributed to ecosystem contributors cannot be converted immediately, and will only be swappable for actual XGC after the completion of the blockchain ecosystem development.




4. Use Cases and Application Areas of XGC


XGC offers unique and varied use cases on the Play-to-Earn (P2E) gaming platform. Through XGC, the advantages of blockchain technology and gaming entertainment are combined to provide a rich and integrated experience to users.


4.1 In-game Rewards and Trading Medium

Players can earn XGC through gameplay, implementing the basic P2E model. These players can also trade or sell their items for XGC. In this way, XGC aids the in-game economy and provides tangible rewards to players.


4.2 Interoperability Across Platforms

XGC offers interoperability across various gaming platforms. This allows players to use XGC earned in one game in other games as well, providing greater freedom and flexibility to players. This interoperability organically connects the gaming ecosystem and creates an environment where players can participate more actively.


4.3 Ownership of Digital Assets

Leveraging the characteristics of blockchain technology, XGC provides players with actual ownership of in-game digital assets. This allows players to freely sell, exchange, or rent their items, opening up new possibilities unseen on traditional gaming platforms.


4.4 Beyond

XGC can be extended in various ways beyond the functions mentioned above. For instance, it can be used for blockchain-based in-game payment systems, tracking ownership and provenance of digital items, and providing transparency and trust in in-game economic activities. All these use cases aim at integrating blockchain technology and gaming entertainment through XGC, while providing tangible value to users.




5. Team Information and Expertise


XGC has been developed by a professional and experienced team consisting of blockchain developers, game developers, and marketing experts.


5.1 Blockchain Developers

The blockchain developers play a pivotal role in the implementation of XGC's core technology. They possess vast experience in Ethereum-based ERC-20 token development and smart contract authoring, which is critical to XGC providing a stable P2E gaming platform.


5.2 Game Developers

The team of game developers are responsible for effective linkage between the P2E gaming ecosystem and the XGC platform. Based on a deep understanding of blockchain technology and game development, they support XGC to be smoothly used within games. They also strive for the development of new P2E games and the integration of existing games.


5.3 Marketing Experts

The team of marketing experts play a crucial role in enhancing the brand recognition of XGC and market penetration. They focus on conveying the value of XGC and expanding the ecosystem of XGC through various promotional strategies.


5.4 Plans for Human Resources

We have plans to continue to grow the team in the future. By securing and maintaining excellent talent in a timely manner, XGC will continue to evolve and take the lead in blockchain technology and P2E game platform development. For this, we focus on attracting top talent globally, providing continuous education and advancement opportunities for employees, and promoting diversity and inclusiveness in the team.



6. Roadmap


The development of XGC will proceed in stages. Below is a detailed description of our roadmap:


  • Q2 2023: Start of XGC prototype development. In this stage, the basic functionalities of XGC token are developed.
  • Q3 2023: Start of recruitment of XGC ecosystem contributors. A website for contributors is developed, and XGC tokens are distributed for the first time.
  • Q4 2023: Start of recruitment of ecosystem joining companies. Participating companies receive technical support and XGC tokens.
  • Q1 2024: Start of initial trading of XGC tokens. In this stage, XGC tokens are traded on some exchanges to raise funds for blockchain development.
  • Q2 2024: Start of development of XGC blockchain. In this stage, the development of XGC blockchain begins in earnest, and the development of Project X also starts.
  • Q3 2024: Start of beta testing of XGC blockchain. The stability of XGC blockchain is verified through beta testing.
  • Q4 2024: Launch of the XGC blockchain mainnet. At this stage, the XGC blockchain is fully operational, and Project X is launched.
  • Q1 2025: Expansion of XGC ecosystem. In this stage, more partnerships with P2E games are made, and the uses of XGC blockchain are expanded.

XGC provides a new blockchain solution for the P2E gaming ecosystem. We will build a platform that is secure, transparent, and above all, provides benefits to both players and developers.




7. XGC's Vision


The ultimate goal of XGC is to create a P2E gaming platform that benefits both players and developers. Our vision can be segmented as follows:


7.1 Building a User-Centric Platform

XGC aims to build a user-centric platform. This means a P2E gaming platform where players can generate real value through their time and efforts. Through XGC, players can earn tokens while enjoying games, which can be used in a variety of ways.


7.2 Expanding Developer Support

Along with efforts to maximize the potential of cryptocurrency, XGC aims to provide new opportunities for indie game developers. Developers participating in the XGC ecosystem can transition their games to P2E games without investing additional development resources. Also, the XGC development support team provides remote support for technical problems, and if necessary, dispatches development teams or provides training.


7.3 Expanding the P2E Gaming Ecosystem

XGC strives to create a P2E gaming ecosystem that offers more value to users. To this end, XGC will not only help transition existing P2E games, but also various types of games to P2E games. Additionally, XGC will provide inter-operability between platforms, enabling tokens earned in various games to be exchanged with each other.


7.4 Continuous Growth and Expansion

Beyond improving the current P2E gaming ecosystem, XGC pursues continuous growth and expansion. To this end, XGC plans to form various partnerships and introduce new technologies. Moreover, the XGC development team will enhance the platform's stability and efficiency through continuous improvements and innovation.




8. Conclusion


XGC was born out of the effort to create a P2E gaming platform where both players and developers benefit. Recognizing the potential of the P2E gaming field and striving to create a gaming ecosystem where anyone can participate is the core vision of XGC.


XGC is a token based on Ethereum, ensuring safe and transparent transactions through smart contract technology. The XGC token is used as a reward for various activities such as in-game performances, experience points, and trading goods.


Indie game developers can participate in the XGC platform and transition their games to P2E games. XGC provides technical support to them and offers opportunities to expose their games to more users.


Players can earn valuable tokens while enjoying games through XGC. These tokens can be used in other games, ensuring inter-operability between platforms.


XGC aims to present a new paradigm for the P2E gaming platform through a fair reward system through token allocation, substantial support for contributors and developers, and the construction of a diverse gaming ecosystem.


In the constantly changing and evolving gaming industry, XGC offers new possibilities and opportunities. We look forward to more developers and players joining the XGC ecosystem, and we hope they experience rewards through gaming, the joy of creation, and new communities through XGC.