Harnessing Gamers’ Computers for Worldwide Computing Network with Blockchain
Blockchain start-up FREED (TVX Games Studio) is preparing the launch of its open platform for the monetization of online games through integrating gamers’ computers into a global grid computing network. The platform is designed to provide game developers, game publishers, and game platform owners with a tool for monetizing non-paying players. The participants of the system will benefit by making computing resources of their personal computers available.
Within the FREED platform, game publishers and developers will be able to connect their game projects to a distributed computing system. In return for providing the idle computing resources of their gamers, publishers will be compensated by customers — buyers of the resources — in the system’s currency, the FREEDcoin token. Game publishers, in their turn, will compensate gamers in game-related valuables: objects or in-game currencies. In doing this, publishers will generate a guaranteed income and players will gain free access to games and in-game content in exchange for using their computers outside of their gaming sessions.
Within the system, all mutual payments will be made using the FREEDcoin token, implemented as an Ethereum ERC20-compliant smart contract. It will be possible to trade the token on crypto exchanges and all exchange operations will be made available for it. Utilizing blockchain will make all operations transparent, and the token itself will be accepted as a payment unit by all platform participants.
The FREED platform will be able to conduct a wide range of computing tasks, including 3D rendering, big data analysis, machine learning, neural networks, and heavy computing tasks in the fields of biology and medicine. One advantage of the platform is its ability to quickly gain a critical volume of computing capacity, driven by a quick growth in the number of participants in the system.
Evgeny Glariantov, co-founder and General Producer of the project, said: “Due to its enormous size and continually rapid growth, the online games industry possesses an unprecedented volume of computing capacities that is only going to increase. We are positive that FREED will give a powerful boost to the games industry and the distributed computing market alike,”
Recently, FREED signed a partnership memorandum with IBM stating that the latter will provide technological support, team members, consultations and, if necessary, access to its software and will facilitate the development of FREED in other ways.
FREED has already completed a successful pre-ICO round at the end of August, during which the project reached its goal of $1 million. During the fourth quarter of 2017, FREED is planning to launch another pre-ICO round and ICO.