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Original Pioneers of Blockchain Gaming Announces Platform Development and Token Sale Launching on 23 March, 2018

Blockchain gaming pioneer, Chimaera, has announced the launch dates for its pioneering gaming ecosystem. Scheduled to start on the 23rd of March, 2018, the event is aimed at putting the future of gaming in the hands of both gamers and developers through its native CHI tokens.

Chimaera’s is one of the oldest in the blockchain industry, building on the foundation the team had laid with the creation of Huntercoin in 2013. Huntercoin was the first blockchain project to propagate gaming on a decentralized and distributed network. Now seen as a prototype for Chimaera’s creation, the team is now ready to push the envelope on the potentials blockchain technology brings to gaming.

Chimaera is attempting to disrupt the gaming industry status quo, by offering a backend solution for creating, hosting, and inhabiting game worlds and universes that are censorship resistant. This unstoppable, new world brings true blockchain gaming backed by a real economy where rewards transcend the digital and manifest in reality.

Ever since Bitcoin’s creation, developers have sought to integrate online gaming into the blockchain only to have their attempts repelled repeatedly by the high cost of implementation, speed, and scalability problems. For long, these issues have continued to bog down the development of a platform that leverages blockchain technology to apotheosize the multi-billion dollar gaming industry. Fortunately, Chimaera has developed a new solution for the industry.

Blockchain-based gaming

Developed on its own custom blockchain, Chimaera (CHI) brings serverless, peer-to-peer gaming to gamers and developers worldwide. The platform’s enterprising “game channels” technology is the gamified adaptation of Lightning Network developments.

Game channels eliminate the traditional, centralized server requirement needed to host players. The technology enables players to seamlessly connect with each other and game worlds directly on a decentralized network. By eliminating server requirement, game developers no longer need to pay for upkeep, nor players worry about downtime. Also, since all game data is recorded to the blockchain, players are automatically protected from cheaters and are guaranteed that their assets will always remain uniquely theirs without requiring human moderation.

Game channels was first introduced in 2015 by Chimaera’s lead developer, Dr. Daniel Kraft, on Bitcointalk before being thoroughly expounded on through a peer-reviewed Ledger journal entry in 2016.

An Empowering Ecosystem

Gaming on the blockchain brings liquidity and real-world economic values to all in-game assets, characters, and currencies, enabling the transfer and trading of items between different players and across different games. No longer are in-game items exclusively tied down to platform’s that strips them of their intrinsic value.

Chimaera facilitates a Play-to-Earn ecosystem for all gamers, rewarding them for their virtual labors and allowing their successes ro translate into tangible profit. These rewards can be used  to purchase in-game gears, other games, or even cashed out completely. This system not empower gamers to profit off their skills and abilities, but it also eliminates the inherent sunk costs associated with a player losing interest in a game or transitioning to another.

Token Sale Event

Chimaera facilitates a Play-to-Earn ecosystem for all gamers, rewarding them for their virtual labors and allowing their successes to translate into tangible profit. These rewards can be used to purchase in-game gears, other games, or even cashed out completely. This system does not empower gamers to profit off their skills and abilities, but it also eliminates the inherent sunk costs associated with a player losing interest in a game or transitioning to another.

Token Sale Event

Chimaera is set to launch their public presale on 23 March 2018. Contributors to this event will be awarded the platform’s native CHI coin. CHI is the ecosystem’s default currency, fueling all exchange and transactions on the network as well as transactions between the blockchain and game channels.

The three-tiered event plays host to exclusive rounds that reward all participants with bonuses starting with a 30% discount for presale contributors and a 15% discount for the first main stage.

Team and Background

Chimaera is being developed by a talented and experienced group of industry leaders and cryptocurrency veterans.  Led by Dr. Daniel Kraft – whose invention of the underlying game channels technology birthed the revolutionary platform. Having led development on Namecoin and contributing extensively to the Bitcoin Core codename, Kraft brings an unparalleled wealth of technical know-how and expertise to Chimaera’s development. Other members of the team include many with decades of experience developing indie and triple-A titles alike, some of whom have worked with gaming giants such as EA and Square Enix and on titles like Command and Conquer and Medal of Honor,  Star Trek, and the Walking Dead.

The post Original Pioneers of Blockchain Gaming Announces Platform Development and Token Sale Launching on 23 March, 2018 appeared first on BitcoinNews.com.

PR: Chimaera the Originators of Blockchain Gaming to Launch Token Sale to Launch 23 March 2018

Bitcoin Press Release: Chimaera, the original creators of blockchain gaming to launch token sale on the 23 March 2018. Chimaera offers a backend solution for hosting entire game worlds on the blockchain. Game worlds and universes that can run unstoppable and are resistant to censorship.

20 March 2018, London, England: Since the first years of Bitcoin, online gaming has always been a focus of a number of cryptocurrency initiatives and developments. However, due to many  issues previously unaddressed, such as speed, cost, and scalability, existing projects have largely failed to incorporate blockchain technology into video games in any significant way.

Fortunately, there is an emerging platform, Chimaera, that seeks to penetrate this hundred billion dollar industry through a revolutionary approach. Unlike existing projects, Chimaera (CHI) is creating a custom blockchain ecosystem that will allow games to run, serverless, directly on top of its custom blockchain.

Virtual gaming startup Chimaera is gearing up for their public presale, starting 23 March 2018. Participants in this token generation event will have the opportunity to purchase Chimaera’s native CHI coin. CHI fuels all transactions on the blockchain as well as transactions between the blockchain and game channels.

The token event will play host to three bonus rounds; participants will have the opportunity to secure a 30% Discount in the presale and a 15% Discount in the first main stage.

Blockchain-based gaming

While other initiatives may provide interesting approaches to this massive industry, these attempts have been limited in scope and capacity mainly just a system of virtual asset trading.

Chimaera, on the other hand, is forging a revolutionary technology coined “game channels” which represents a gamified adaptation of Lightning Network developments. Game channels is an idea first introduced by Chimaera’s lead developer, Dr. Daniel Kraft, on Bitcointalk in 2015 and explained thoroughly through a peer-reviewed 2016 Ledger journal entry.

With game channels, players can connect to one another and game worlds directly on the Chimaera blockchain. Without a central server, game developers pay nothing for server upkeep. Additionally, as gaming takes places on the immutable blockchain ledger, players are automatically protected from cheaters, and no human moderation is required.

Empowering Gamers

As all gaming takes place on the custom Chimaera blockchain, gamers subsequently maintain real and liquid ownership of all their in-game currencies, assets, and characters. As a result, players are free to transfer and trade items between different games and players, as well as buy and sell them for real-world currency.

This ecosystem enables a Play-to-Earn framework for all gamers, and potentially a paradigm shift in the way games are played. For the first time in the history of video games, players can take part in an ecosystem where their virtual labors and successes translate to real profit. This profit can be utilized to purchase other games and gear, or even cashed out completely. Not only does this ecosystem empower gamers to profit, but it also eliminates sunk costsassociated with a player losing interest in a game or merely transitioning from one game to another.

Team and Background

While the underlying technology and solutions Chimaera provides are undoubtedly exciting, what’s just as impressive is what’s behind the project. Chimaera consists of a stellar team of industry leaders and cryptocurrency veterans.  As mentioned previously, Dr. Kraft is the inventor of the underlying game channels technology behind the platform. Additionally, Kraft is one of the top contributors to the Bitcoin Core codebase, and was also a lead developer of Namecoin- the cryptocurrency from which the Chimaera blockchain is forked from.

Apart from Kraft, many team members represent successful backgrounds with decades of experience developing indie and triple-A titles alike. Some of these members have worked in powerhouse gaming studios such as EA and Square Enix. Major games they have worked on include Command and Conquer and Medal of Honor, and games representing popular IP’s, such as Star Trek and the Walking Dead.

The development of Chimaera precedes that of most of the major altcoins. The Chimaera team initially worked to create Huntercoin, a revolutionary project launched in 2013 that represented the first game propagated directly on the blockchain. Chimaera is essentially the evolution of this prototype- an environment that can apply this approach to a vast array of online game.

Visit the Website: https://chimaera.io
Read the Whitepaper: https://chimaera.io/downloads/Chimaera_White_Paper.pdf
LinkedIn: https://www.linkedin.com/company/18216465/
Read on Medium: https://medium.com/@Chimaera_Tech/
Join on Facebook: https://www.facebook.com/chimaeratech/
Follow on Twitter: https://twitter.com/chimaera_tech
Chat on Telegram: https://t.me/chimaera_en
Reddit: https://www.reddit.com/r/chimaera/
BitcoinTalk: https://bitcointalk.org/index.php?topic=1784048.0

Media Contact
Name: Ayalies Schoonhoven
Location: London
Email: media@chimaera.io

Chimaera is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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The post PR: Chimaera the Originators of Blockchain Gaming to Launch Token Sale to Launch 23 March 2018 appeared first on BitcoinNews.com.