ChaingamingX

 

Welcome to the new era of Decentralized, Democratized, Global Gaming Competition

ABOUT

Our platform, fully decentralized and democratized, will foster direct connections between players. People on the other side of the world, through ChainGamingX, can use cryptocurrency for entries into matches, tournaments, and leagues. In turn, our smart contracts verify winners and make distributions, of the prize pool to which all the participants have agreed.

Secure and Transparent Transactions

Decentralized Platform

Community-Driven Project

TOURNAMENTS

Are you ready to showcase yourself?

To get started, the tournament organizer will initiate the beginnings of a new smart contract, by selecting the game that players are going to compete in.

Players in every tournament will initiate smart contracts of their own, to enter the tournament that the organizer has created. Before ever entering, players can review and verify the advertised prize pool and other details, as all the details for every tournament exist on the BSC.

We have devised a tournament structure that is comprehensive but straightforward. It will track the outcomes of matches as well as the running standings throughout the tournament. For then to distribute the prize pool to the winning players.

SPONSOR A PLAYER

Invest in a player and make it a win-win

As a player, you may come across a tournament that you know you can win — but lack the funds necessary to pay for an entry.

Our system will enable these players to seek out sponsorships in the community. Sponsors enter smart contracts with players to pay their entry fees for that given tournament, that contract between each other will agree on how the prize will be split, for example 70% for the user and 30% for the sponsor, and when the players win, the sponsors automatically receive the agreed portion of the winnings. We hope to inspire a new era of scouting in esports through this functionality. Because players will know that sponsors may always be watching, it will also serve as an impetus for everyone to play at their peak potential all the time so they can create a winning track record.

DAO

Be part of CGX

Overseeing CGX will be our DAO (decentralized autonomous organization), which token holders will make up. The DAO will function as a part of ChainGamingX organization. To participate in the DAO, a CGX holder must stake their tokens through our staking platform.

Within the DAO, we will draw on many perspectives and ideas. Everyone who is in the DAO will have the opportunity to speak about issues concerning the technology. As well, you will get to vote on the major decisions that we make regarding development and governance.

We make distributions on our line, paying out the DAO on any funds generated after we have paid our expenses. The revenue will be distributed to all the DAO members, it will be divided accordingly to the percentage of the CGX tokens staked by the users.

For example:

ChainGamingX reports a net revenue of $10.000 USD.

If there are 100M $CGX Tokens staked in the DAO and you own 10M of those tokens then you will receive ($10.000 USD/100M)*10M=$1.000 USD

TEAM

Ricardo Casquero: CEO/CTO

Thomas Ayra: Head of Design

Aldo Quintana: COO

Samuel Estrada: External Consultant

Tokenomics

Our proprietary token, which functions on the long-standing, widely held BSC blockchain, will trade under the ticker CGX. We are putting a max supply of 1 billion tokens on CGX. Of this, the team will retain 10% of the total supply, so 100 million tokens, and we will earmark 380 million for reward payouts. The majority of the tokens will go to the community: we are reserving 520 million of the total maximum supply for you, the players and participants.

Basic information

Name: ChainGamingX

Ticker: CGX

Blockchain: BSC

Max supply: 1 000 000 000

Token distribution

Team: 100 000 000 (10%)

Rewards: 380 000 000 (38%)

Community: 520 000 000 (52%)

Roadmap

Round one

Whitepaper

Audit

Social Media Creation

Official Website

Token Launch

CMC and Coingecko Listing

Fair launch

Tier 2 CEX Listing

Sponsorships

Round Two

Platform Go live

DAO

Tier 1 CEX Listing

“XPoints” Release

Tournament Organizer Categories

Leaderboards

Rewards Store

Round Three

ChainGamingX official League

ChainGamingX Streaming Platform

P2E Integration

More Information:

WEBSITE — TWITTER — TELEGRAM — YOUTUBE — MEDIUM — DISCORD — ANN

Author

Bitcointalk Username: Boy Sandy

Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=3432307;

Telegram username: @boy1926

BSC address: 0x1bb2af7A7C3676A29a9773eD4ea28109c86Dd758