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Our First Look at Xaya's Blockchain-based Gaming Platform (SPONSORED)
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By Damien Gula on October 24, 2017 | General Articles | Comments

Our First Look at Xaya's Blockchain-based Gaming Platform (SPONSORED)

The Chimaera Project is an ambitious platform that aims to give developers and gamers ownership of the game worlds that they develop and play through the power of scalable, blockchain-based gaming. Simply put: Xaya wants uninterrupted gaming with potential pay-off through the power of cryptocurrency. Within this article, we are going to do our best to break down what Xaya is and how it works.

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Xaya is the new successor in a line of blockchain gaming that is being development by the original inventors of blockchain games that first brought the idea to light through Chronokings and Huntercoin. Rather than focusing on a single game, Xaya seeks to greatly expand on blockchain gaming with millions of gamers, across limitless titles.

If you’re unfamiliar with what blockchains are, think of blockchains as incorruptible digital ledgers that can be used to keep track of transactions or anything of relevant value. These ledgers function similarly to the way a Google Doc works: there is no centralized version of the file, but it exists by being hosted by millions of systems simultaneously.

By leveraging the blockchain system, gaming can happen within this same decentralized ecosystem. So, whether the game is a single player experience, a casual Facebook game, or an MMORPG, Xaya exists to provide a platform for uninterrupted gameplay through “Decentralized Autonomous Universes” or “DAUs”.

This technology applies to more than just newly developed games. Developers using popular engines like Unity and Unreal will be able to leverage Xaya's technology to enhance their gaming experiences. Xaya is also dedicated to the creative autonomy for the game developers by placing no limitations on what they can and cannot do with their games on the platform. Their intended goal is to allow developers to dream of the ideas while Xaya gives them a toolbox and takes care of the infrastructure that the game will run on.

From a player-benefit perspective, while gaming on this platform the end user will acquire ownership of in-game assets in a very real sense - enabling “Human Mining” within games. In-game items are not held in escrows or third-party storage. Because of that, the player will be able to buy, sell, and trade in-game assets securely - whether they sell assets for CHI (Xaya's reserve currency), other in-game items, or real world currency is completely up to the players and the parties involved.


(Meme Disclaimer: While Xaya theorizes that players could potentially “go pro”,  no one should quit their jobs... yet.)

The intention of this system is to give the players a sense of exclusivity and ownership within the game worlds they are playing in while keeping game economies stabilized through CHI and provably fair gameplay.

(Provably fairness allows players to confirm compliance with game rules to validate the integrity of results, similar to how we follow the laws of physics.)

Trading is protected through Atomic Transactions, a technology developed to transfer the asset and the corresponding payment in CHI between the two parties in a single, or atomic, transaction that is either signed by both parties or invalidated after a timeout. With the realities of online fraud very present, Xaya seeks to snuff fraudulent transactions out before they begin.

Xaya's application does not end with gaming. The platform seeks to allow developers to leverage the blockchain platform for secure messaging, sharing encrypted files, software licensing, authentication, and social media.

The Xaya team are accepting applications from game developers and designers, as well as continuing to build partnerships with game studios. Interested parties should contact Xaya directly.

Closed beta for Xaya will begin in early 2018 with in-house and third-party game releases appearing in the summer of 2018.

More information about Xaya is available on their website.

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