Egretia Opportunities and Challenges

in #cryptocurrency7 years ago

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The blockchain function has been designed to make the cryptocurrency system much easier and flexible. Egretia is a blockchain platform with front-end development tools. It includes 200,000 developers to bring the tokens reasonable towards the hundreds of thousands games and applications along with 1 billion or more users across the world. The blockchain technology is integrating with more reliable back-end service. It uses the node servers throughout the world to deliver the HTML5 products to be the faster communications solutions and reliable contract management server logic. Egretia is creating such developments for the convenient and cost-effective ecosystem and serving the users with a prominent network service.

Global Boom

Egretia has adopted HTML5 technology for generating a platform for producing applications and games. The HTML5 industry is welcoming a global boom for business making a profitability undergoing the daily maturity. The online game users can play games from web or mobile. The gaming industry experiences a revolutionary platform with enormous opportunities. The technology is emerging with its unique features and transformative values and makes it robust for its cross-platform capabilities. In 2014 Egret Technology has put its footmark into the social media by producing “Catch the Crazy Cat”. Till now by the virtue of the game, it has earned around $50 million and achieved a growth of 120 times by the validation of existence into this global market. On the contrary, HTML5 is the publicly embraced by the internet giants like Facebook, Google, WeChat etc. On Facebook Messenger, there are more than 1 billion daily active users. Google has launched PWA advocating the concept of search and application based on HTML5 technology for searching apps. WeChat has published a few mini-games and ignited a boom in games. Such games are operated just by click-to-play option and it does not require any option for downloads. Only “Take a hop” game has 100 million or more daily active users. The technology is globally recognized as cross-platform, cross-terminal and cross-industry solutions which are expecting to earn them a milestone of $100 billion US dollars according to the annual global market scale.

Opportunities and Challenges

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HTML5 technological industry embraces this blockchain with existing opportunities and challenges. This industry has been developing rapidly. Egretia has aimed for creating the first to the global HTML5 blockchain workflow. it is the partner in Egret Technology for the creation of the engine, IDE visual editor, animation, cross-platform packaging as well as some other products and toolsets. These work as a support to the widows or Mac-based dual platforms. Such toolsets also come to a great use for the existing toolset integrated tightly with the blockchain interface layer for the HTML5 games.It has some obstacles depending on the business model, user size, and market size. Lack of copyright protection mechanism and fairness mechanisms, protecting games and applications, and lack of unified and secure trading platforms for such virtual assets.

The vulnerability of HTML5 may become the game code for plagiarism and it has some lacks for transparency in a probable drop rate for tools with some difficulty in circulating virtual assets. The blockchain technology is highly respected for the decentralization, security, transparency, non-destructibility, traceability and other characteristics with its naturally suitable to solve all the pain points of the HTML5 industry. It has some disadvantages with lower performance and higher technical barriers. It hinders the integration of HTML5 industry and blockchain technology. It also prevents the HTML5 develops by creating applications that are widely distributed on the blockchain. Egretia Lab is a platform built by the era of blockchain and HTML5.

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This issue will be solved by the fundamental pain points of the HTML5 industry to bring practical. It is far-reaching significance to the development of the industry. The internet technology has been developed rapidly. This method was providing the structure data for being constantly improved. It has some unprecedented competition with varieties of services for constant improvement. The sphere of games on a mobile device and it has changed dramatically. The technology today has completely exhausted for exercising the resources into this future.

The Egret Technology has been spent more than four years ago for the creation of a comprehensive set of tools in terms of making the development of HTML5 content. It has extensive tools for creating 2D games which were more than enough to start working out with the team with little experience. Egretia will provide the full ecosystem through the developers to develop the testing, debugging, creating, integrating along with the blockbuster to monetize their own content.

Website : http://egretia.io/
Whitepaper : http://egretia.io/static/Egretia_White_Paper_V1.0.pdf
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1267200