What Is nTitle?
nTitle is championing the blockchain commerce solution. The aims of this solution are simple:
- Decentralize distribution of digital assets
- Transform the market mechanics
- Stimulate the trading economy where the product creators may leverage assets, which they own.
Revolutionizing The Gaming Sector
The first focus will be the PC games industry. Gaming is a large market and is currently highly centralized with massive costs. Steam is one company that dominated about 70% of the independent PC games sector. It charges a 30% commission on sales.
As the platform grows in publishers, gamers are finding it harder to stand out from the crowd. Besides that, the way games are discovered is becoming decentralized. There has been a significant shift from centralized markets like Google Play and Steam to social media and influencer marketing.
The nTitle Blockchain Commerce For Game Developers Solution
The solution from nTitle will use the open source code, which is open to anyone. This will allow developers to reach out directly to customers. Using the service, developers will only pay a small fraction of the money from sales. At the same time, they will enjoy a high level of security and trust.
The aim is to create a level playing field for developers and gamers. The solution will offer a smart contract that will power DApps. These smart contracts will balance the interests of all parties in the gaming sector.
Because of this platform, gamers will realize the value of true digital ownership. It will let gamers own their marketing channels. Thus, they can manage the licensing of intellectual property and control the liquidity and tradability of their assets.
Stakeholders Of The BCommerce Economy
Developers And Publishers
Both have an interest in utilize the bcommerce platform. For one, it will lower the distribution cost and allow them to connect directly with gamers and reward them. Besides that, it will increase the exposure of their games. Besides being able to sell games with low fees, the platform will allow developers to fund games. This will be made possible via smart contracts, where fans of a game can have a stake in a game.
By using the bcommerce platform, the gamers will discover new and interesting games while making money from trades and referrals.
Because of social media and video platforms such as YouTube and Twitch, the gaming channels that have influencers have skyrocketed. Because of this, the tiered hierarchies of influencers have become common. Every gamer on bcommerce has the tools to be an influencer with an instant revenue channel.
The digital distribution of games has led to the growth of centralized PC and mobile gaming marketplaces such as Apple Store, Google Play, GOG, and Steam. Bcommerce is going to break down the control of centralized platforms and give it back to gamers and the developers.
Social media is the number one place for content discovery. Games are played and reviewed on Facebook, Discord, Reddit, YouTube, Twitch, and others. Bcommerce will allow gamers to buy, sell, and trade games and in-game items via these channels.