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MagnaChain 3.25/5 (1) - public Blockchain and related integration toolset

MagnaChain is a revolutionary public blockchain platform built BY game developers, FOR game developers. We intend to usher in the mass adoption of gaming on the blockchain with our streamlined developer tools, rapid transaction times, and the sense of community and collaboration that the blockchain offers. Similar to highly regarded public blockchains like Ethereum, MagnaChain will allow for virtually limitless applications and tokenized ecosystems to be built on our platform. These ecosystems will include existing games that have been re-configured to run on the blockchain, new games built exclusively to run on MagnaChain, third-party exchanges for digital assets, and third-party...

Token sale starts in:

TBD
3.3
Hype2.0
Security4.0
Team4.0
Vision3.0
  • Token: MGC
  • Price: TBD
  • Country: Singapore
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MagnaChain is a revolutionary public blockchain platform built BY game developers, FOR game developers. We intend to usher in the mass adoption of gaming on the blockchain with our streamlined developer tools, rapid transaction times, and the sense of community and collaboration that the blockchain offers.

Similar to highly regarded public blockchains like Ethereum, MagnaChain will allow for virtually limitless applications and tokenized ecosystems to be built on our platform. These ecosystems will include existing games that have been re-configured to run on the blockchain, new games built exclusively to run on MagnaChain, third-party exchanges for digital assets, and third-party marketplaces.

With the astonishing popularity of games like CryptoKitties, which crashed the Ethereum blockchain days after its release, we have seen that there is a massive market for blockchain games that has not been tapped into in any meaningful way. This is because there are no existing blockchain platforms that can handle the volume of transactions that would be required to run many games of this scale (or greater), or that provide the tools that would allow traditional game developers to bring their projects onto the blockchain.

MagnaChain provides revolutionary solutions for these problems by allowing developers to create games for the blockchain even if they are not fluent in blockchain-specific coding languages. We will facilitate this by providing numerous Software Development Kits (SDKs) to translate games from popular coding languages such as Lua so that they can run on the blockchain. This means developers will be able to release full games with ease and even bring their existing games to the MagnaChain platform.

For players, MagnaChain will allow for a richer, decentralized gaming experience, with greater transparency and control over their gameplay. This will include true ownership of digital assets, the ability to use those assets across numerous games and worlds, and security in knowing their account cannot be compromised by any overarching authority.

With tremendous benefits for both game players and developers, we intend to be the driving force in bringing the $108.4bn gaming market onto the blockchain, which will disrupt and transform the industry as we know it.

Team

Hal Bame

Tech Entrepreneur and Advisor

Sheng Guo

VP Business Development

Kejun Zheng

Senior Software Architect

Zhaohua Chen

Senior Software Architect

Advisors

Brian D. Evans

CMO, ShipChain

Etiënne vantKruys

Advisor TRG / Wanchain

Alex Nagayama

Former Country Manager, Activision Japan / CEO Capita

Marianne Dansker

Blockchain Consultant

Gabby Dizon

Co-Founder Alto.io

Nicolas Cole

Founder Digital Press

Alex Riggs-Miller

CEO SmartChain Media

Milestones

  • 2016
    Prototype Development
  • Q2 2017
    Prototype Testing / Smart Contract Added Smart Contract Added
  • Q4 2017
    Structure Update Side-Chaining Added
  • Q2-Q3 2018
    External Testing Program Test-Chain Launched
  • Q3 2018
    Open Source
  • Q3-Q4 2018
    First Games & dApps Go Live Mainnet Launch
  • Q4 2018
    100k Transactions Per Second
  • Q1 2019
    Test Chain of Updated Version Launched
  • 2019-2020
    Expand Worldwide Support Centers 1000+ Games & dApps Go Live

Token

  • Platform: Ethereum
  • Price: TBD
  • Accepting: TBD
  • Token distribution: 30% - Token Sale 20% - Team and Advisors 20% - Reserves 15% - Marketing 15% - Developer / Incentive Programs
  • Hard cap: 20,000,000 USD

Proof Points
4/5

Prehistory of project

No prehistory were found before ICO was planned

Product or its MVP

Prototype was planned to be developed at Q2 2017. By the way, MVP was not found.

Blockchain experience

Hal Bame – Board Member at iProdoos and SmartChain Media
Advisor at RedPen and CloudMoolah

Advisor Brian D. Evans – Marketing at iProdoos and SmartChain Media
Advisor at CloudMoolah

Advisor Etiënne VantKruys – Advisor at GoChainPhantasma Chain and 0xcert

Advisor Gabby Dizon – CEO and Co-Founder of Alto

Advisor Nicolas Cole – Advisor at RedPen

 

Advisor Alexander Riggs-Miller – Founder, CEO & CTO at iProdoos and SmartChain Media

Escrow

No escrow information were found

Comments

Update: 30.09.2018

Media

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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