BGX 4.25/5 (1)

BGX

Decentralized processing platform
BGX is the first integration platform in the field of mobile games equipped with artificial intelligence and with an emphasis on processing. This approach not only brings the technological solution to the market but also creates a democratic economic model for the participants in the ecosystem of mobile games.


4.3

HypeSecurityTeamVision
4.04.05.04.0



Starts in
74 days
5 Sep 2018

TokenBGX
Price in ICO1 BGX = 0.10 USD
CountrySwitzerland
preICO start8 May 2018
preICO end14 May 2018
ICO start5 Sep 2018
ICO endTBD


  • ABOUT
  • TEAM
  • MILESTONE
  • FINANCIAL
  • SECURITY
  • MEDIA

The BGX Algorithm is the most market-applicable blockchain technology, which achieves extremely fast transaction speeds, at very low costs, and with utmost security without sacrificing decentralization.
This makes it ideal for any industry that is reliant on a multitude of microtransactions and nano-transactions from many participants. While the standard blockchain solutions do not have the capacity to handle any $5bn+ market and centralized payments are being disrupted by more effective and equitable decentralized solutions, BGX empowers blockchain technology to move towards a world of new applications.
The Algorithm uses advances in modern fintech technology and an incentivebased economic model to create a node-based decentralized architecture that is capable of processing 104 transactions per second (compared with Ethereum’s 100 or VISA’s 24K), at low costs, and almost instantaneous speed. All the while maintaining the benefits of decentralization – eliminating unnecessary intermediaries, disrupting profit-first incentives present at centralized organizations, and distributing the storage of data, verification of transactions, and profits among many independent nodes.
BGX is applying its Algorithm to the $60B, 2B user industry of Mobile Game Apps first. Optimizing a solution to a specific niche allows for realization of competitive advantages denied to generalist solutions and the Mobile Game Apps is one of the fastest growing, high spending, and most technologically adaptive markets. BGX will implement its algorithm to build a payment processing and app distribution plat-form, that will solve the following problems:
(1) 80% of game studios go bankrupt within two years, because major app stores charge them up to 30% commissions on revenue. Decentralization, allows BGX to charge 10% or less.
(2) Blockchain is too slow and expensive to handle real market transactions, while decen-tralization is an unavoidable improvement of economic models. Modern high-speed decentralized solutions cannot be applied to many disruption-ready industries (Hash-graph has a very limiting protectionist business model, Stellar is focused on banking and vulnerable to Sybil hacking attacks, IOTA’s Tangle is ideal for the IOT market only).
(3) The token-stablecoin system provides investors with a high-growth BGX Token, that also allows investors to share in 60% of the platform’s revenues, while a stable BGT Coin gives consumer stability and protection against crypto-volatility.
BGX is conducting a Crowdsale from May 22nd to June 19th and a Pre-Sale from May 8th – 14th, offering a 30% BGX Token bonus for one week only.

Technology significantly changes people’s perception of the surrounding world.
Since the XIX century, the industrial revolution has shrunk the world with the help of steam engines and made trips to a neighboring city or country not just possible, but quick. In the twentieth century, electrification brought light to every home and facilitated access to knowledge for millions. Flying into space, the discovery of antibiotics, the emergence of the Internet — all innovations start unexpectedly, and at first seem to be pleasant additions to the existing world. After a short while people can no longer live without them. These creations exist objectively and outside of us; humanity simply unexpectedly discovers them in surprise, like lost islands in a vast ocean The digital revolution, beginning with the ubiquitous spread of the Internet and cellular communications, encompasses the real world and continues beyond the forms in which it originated. New economic models are emerging everywhere, changing the relations between traditional participants: the most significant transformation is unfolding right before our eyes. It is decentralization.
Decentralization leads to a more even distribution of costs and revenues, towards a more transparent decision-making mechanism. The most important technology that provides distributed mechanisms for storing information and making decisions is the blockchain. This simple and effective mechanism allows placement of confidential data in an open environment, solving cryptographic tasks to verify anonymous transactions.
More importantly than the functions of information storage and management, the block creates social trust mechanisms that unite people outside of borders, countries, nations and languages. Like other basic paradigms formed in the process of the technological revolution, blockchain creates winners and losers; those who adapt to the new environment and those who are pushed to the periphery. Old idols and centers of gravity are unlikely to rule the information world of tomorrow; the technological revolution is merciless in this regard. We can be grateful for what we use today — browsers, email, distributed games. Let’s look forward, however, to when absolutely new platforms and exciting solutions come to exist.
Even the blockchain models are maturing. They are moving away from decentralization-focused philosophical applications, like the earliest of blockchains, towards more practical solu-tions. Practical solutions need to be able to handle a volume of transactions that is measured in tens of thousands per second, because the globalization of markets means many industries measure up to billions of regularly paying participants. These new payment processing systems cannot charge a $5 fee to process a $10 microtransaction. The speeds demanded by many users when paying within mobile applications, or e-commerce stores like Amazon, are far greater than 10-15 minutes waiting times for confirmation. Finally, these Blockchain 3.0 payment solutions need to eliminate glaring security risks, before they can be widely adopted. Man-in-the-middle attacks, 51% attacks, double spending, and fraudulent node attacks need to be eradicated.
In this new reality, monetization models, content delivery methods, promotional tools and much more will be subject to revision. various industries are at different levels of preparedness for a transition, but one of the most mobilized ones is the industry of mobile games. Both children and adults play games: while waiting in a lobby, sitting on a bus or relaxing in the evening. There are more than a billion users in this segment, and they contribute the most to mobile application revenue. A significant part of that revenue settles in the central application stores.
The ecosystem of mobile games needs to reduce the threshold of entry to the market for developers, to ease the formation of local and specialized application stores, to lower commissions for players, to integrate the flexibility of cryptocurrency, and to introduce a transparent mechanism for the distribution of income. Today, the fulfillment of these needs is impossible because of the rules imposed by large companies.
Such a situation cannot remain unchanged in a decentralized economy.
Mobile games is the most powerful and fastest growing segment of the entertainment industry. Millions of daily transactions related to in-game purchases, advertising, participation in tournaments and promotion of mobile games need their own, specialized infrastructure that takes into account the specifics of this market. BGX offers game developers, local and niche application stores, sponsors and players integrated ecosystem support in which the distribution of revenues and profits is managed in a transparent, decentralized way, and individual participants do not monopolize access to information.
The functionalities of BGX include: (1) fast, low cost, and secure processing of fiat and crypto-currency transactions; (2) a highly targeted distribution system for gaming
applications on Android and iOS; (3) a virtual player payment wallet; (4) a subsystem for coin emission by developers; (5) support for common monetization models and introduction of new monetization channels (tournaments, streaming, platform-level player rewards); and (6) a powerful self-learning fuzzy neural network (AI) that protects the front-end of the platform from fraud and cheating through analyzing anomalous behavior.
The ERC20 BGX Token is the fuel of the system, fully integrating it into the cryptoeconomy.
Businesses interested in earning transaction processing communities, distributing applications, and providing ads need to hold a balance of BGX Tokens to operate a node on the platform and to be allowed to emit and process BGT Coins. BGT Coins are emitted by nodes, sold at the platform’s central store for a set price ($0.10 = 1 BGT Coin) and are used for all in-game transactions.
The BGX Token is also sold during the BGX Crowdsale and on secondary markets (crypto-exchanges) and provides all holders with a share in the platform’s revenues.
Be in BGX. The most powerful decentralized fintech platform
AGILE. POWERFUL. SECURE.

Team

TEAM
IGOR MISHENEV
Co-founder, Business Development Director
FRANK JÖRG HAKENJOS
Marketing Director
PHONG NGUYEN
Delivery Director
ALEXANDER KHVATOV
Crypto-Finance Officer
TOAN TRIEU
Product Manager
NICK ZAKHAROV
Brand Manager
ALLA WIELICZKER
Product Development
THANH NGUYEN
Mobile Development Leader
VALERY KHVATOV
Co-founder, Technology Director
COSTA ZAKHAROV
Co-founder, Operational Director
ADVISOR
FOREST BARBIERI
Business Advisor. International Investor and entrepreneur
ROMAN TROUCHINE
Fintech Advisor. Microtransactions and Overdraft development
JON GILLHAM
ICO Advisor. Adbank CEO, Founder.
CHRISTIAN MAEDER
Legal Advisor. Co-Founder & CTO at Lemay Solutions Consulting Inc.
NICK MIKHAILOVSKY
Technology advisor. Co-founder and CEO of NTR Lab.
DANIEL SHAPIRO
AI Advisor. Co-Founder & CTO at Lemay Solutions Consulting Inc.
BEN WOODS
Cybersecurity & Data Protection Advisor, CISSP, CCSP, GDPR-P, Microsoft Security Professional, Cisco Security Professional, and five year President of the international "Crypto Community"
ALEXANDER BOGDANOV
Scientific Advisor. D.Sc., Professor of Department of Computer Modelling and Multiprocessor Systems
ROBERTO MEDRANO
ICO Advisor. CEO Beach View, Former GM HP Software, CEO Polivec, President Finjan, Advisor, EVP Akana, Board Member, Sun Microsystem
PARTNERS & INVESTORS

Milestones


  • Development of Xelopes Core and
    processing platform
    Building distinct technological modules and testing them in commercial projects

  • Product concept
    Forming an overall vision of the product, marketing studies, team formation

  • Creation of the architecture
    and prototype
    Creating an abstract architecture and making the main technological decisions, building a model for neural network learning

  • Creation of the MVP
    Forming the product prototype to provide the user with the main functions, developing specifications, confirming the product’s features

  • Token Generation Event
    BGX Token Crowdsale

  • Single-Node Alpha version
    User Wallet
    Forming the first version of a processing node with the possbilities of buying and selling BGX Tokens and developing the main modules. Placing the user wallet as an independent app on the main app markets

  • Multi-node Alpha Version
    Forming a multi-node system with the ability to conduct decentralized processing and facilitating data exchange

  • Beta version with AI module
    Integration of external blockchain solutions, inclusion of AI functions in monitoring tranactions, providing functions for app disseination

  • Including external nodes into
    file exchange
    Forming automated data exchange with external systems, signing up external app markets

  • Automat ed token launch for
    game applications
    Expanding partnerships with development organizations, forming a full SDK, including the module for sub-token emissions

  • Unfolding of independent nodes
    Un folding the number of nodesan forming astable BGX ecosystem

Financial

Token
PlatformEthereum
Price in ICO1 BGX = 0.10 USD
Investment Info
AcceptingETH, BTC
Tokens Distribution50% Distributed to Community
25% Reserved Funding
10% Founders
10% Team and Advisors
5% “Bounty” campaign
Soft cap4 000 000 USD
Hard cap50 000 000 USD

Security

Prehistory of project

According to the roadmap, Product concept was created in July 2017

No other prehistory of project were found.

Blockchain experience

Roberto Medrano
ICO Advisor at https://etheal.com/
https://vaultbank.io/
http://vlb.io/
http://blocksafe.network/
http://transitnet.io/
http://caplinked.com/

Ben Woods
Advisory Board member at http://www.iiitmk.ac.in/kba/
Cyber Security and Data Protection Consultant at https://www.rainmaking.me/
Cloud Infrastructure Consultant at http://www.crypto-community.com/

Daniel Shapiro
Advisor at https://dream.ac/
http://www.adbank.network/

Jon Gillham
Co-Founder at http://www.adbank.network/

Forest Barbieri
Owner of Blockchain Resources LTD

Alexander Khvatov
Finance Director at http://intelligentobjects.io/

Escrow

No escrow information were found.

Comments

Updated 20.05.2018

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