#bolies

The world gaming industry is expanding at close to lightning speed. Some years back, the global market was worth $93 billion in revenue, but the earnings are now projected to get to $180 billion.

This sort of rapid growth is mind-boggling for an industry that has been in existence for about two decades.

An even more amazing phenomenon is the expansion of the mobile games market, which is projected to reach approximately a staggering $106 billion over the next 36 months.

Mobile games and virtual item sales have given a leap to the emergence of the games industry. In just a few years, gaming has outgrown the public perception of its worth. It is an industry with popularity and widespread adoption across all ages and nationalities.

Despite the growth trend in mobile gaming profits, it’s surprisingly difficult to make some real money as a game developer, especially if you’re an independent one.

Also, the recent method of offering free-to-play apps has led to a change in expectations, reducing the opportunity to make money from game sales and leveraging a greater importance on in-game purchases.

With free-to-play gaming, a developer’s best way to raise revenue is by fully exploiting the in-game virtual items. Virtual items have become a popular avenue of monetising video games.

It is quickly becoming an industry standard to allow players tailor their experience with microtransactions and purchase of these items.

Although, there are still lots of downsides with virtual items currently as shortfalls and expectation gaps create leaks in revenue.

Areas of Concern

There are some areas of concern in gaming today that leaves some room for improvements.

Unsecured Transactions

Some billions of dollars annually because of credit card fraud and chargebacks. The pervasion of fraud has significantly limited the revenue of the industry to a fraction of its potential.

However, the Blockchain can safeguard the management of virtual items by taking care of the transactions, their delivery, and storage in an immutable ledger.

No value retention

Players purchase virtual items for their characters to give them a better chance at competing, but virtual items offer no value elsewhere.This zero future worth reduces the psychological value placed on items which then decreases the total amount of purchase a player will make in-game.

The design of blockchain makes it suited to safeguard digital assets ownership. In the past, digital assets were restricted to cryptocurrencies, it’s now obvious that a far more universal platform can leverage on the blockchain with ease.

By being on the blockchain, virtual items can gain all of the awesome benefits solely enjoyed by cryptocurrencies. Such benefit include, decentralization, transparency, faster transactions, and an indisputable proof of ownership.

Temporary Value

At the moment, all virtual items are useful only within the game they are associated when purchased.

Using the blockchain, developers can dramatically raise the value of their virtual items by enabling protected use of items in an array of apps, devices, platforms, websites and so on.

What the Blockchain Can Change

Making outrageous claims about the potential impact of blockchain on the gaming industry might look off-hand. But some figures would still be useful for perspective.

Fraud and Chargebacks

Estimates currently puts gaming world virtual items’ valuation at $70 billion, which include some non-gaming products.

Consider that all digital assets get secured by the blockchain and taking note that every legitimate virtual purchase has another 7.5 percent of virtual items lost to fraudulent acts.

Potentially, the market of would be worth a whooping $540 billion, a 750% increase.

Players and Payers

Another estimate showed us that just about 2.5% of gamers really pay for virtual items.

If these items no more represents single-use purchases, instead, a multi-game usage over a period of time, a good percentage of the 97.5% that won’t buy virtual items would definitely join the train. This translates to more than 40 times as many players would be purchasing virtual items.

At even 10% of players, the potential value of virtual goods would most likely quadruple.

Cross-Platform Market Potential

For now, a third of video game item purchases are made in physical stores, however barely any of these purchases are for virtual items.

Providing retail outlets and sites the power to advertise and sell virtual goods in a safe manner should open new range of possibilities for developers to promote in-game products in ways that are yet to be considered.

It is clear that an advantage exists for many entrepreneurs and developers inclined to disrupt the virtual gaming items industry.

What BoliesTV is Doing Differently

BoliesTV is bringing the transparency, security and predictability of the blockchain to the gaming industry. As gamers adopt BoliesTV, they will be able to use Boliecoins to buy, stake and compete on the BoliesTV platform.

In all, complaints over rewards that are not monetized will be a thing of the past as gamers and fans can cash out their winnings using Boliecoins and fiat currencies. BoliesTV allows for immediate withdrawal of your earnings on the platform, and you can choose to convert your earnings to any currency of your choice.

As the BoliesTV platform grows, more features will be added to incentivize all stakeholders. The influencer, bloggers, gamers, and fans all have a reward on BoliesTV.

Boliecoins ICO is on-going and you can buy your tokens for $0.50 per boliecoin today.

Join the ICO here:

www.Boliecoins.com

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The CEO of BoliesTV, C.L Curtis is in New York for the filming of his second appearance on “Exploring The Block”. This episode gives PVP video streaming platform proponent a chance to provide more insights on the groundbreaking technologies that’s emerging.

Viewers should expect unique insights about the blockchain from the unique entrepreneurial view of C.L Curtis. The BoliesTV platform is driven by Boliecoins, and the crowdsale is currently on at $0.50 per coin.

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Boliecoin is a relatively young cryptocurrency that will be the ruling currency on the Bolies TV platform, which will be used by online gamers and for wagering. As the platform is poised for success, it will likely have a monopoly on the online fantasy gaming/gambling niche.

Crowdsale

The only way you can buy coins at this point is through the crowdsale. The crowdsale started in August 2018 and, as shown on the website, has 64 days remaining as of September 27th. This means it should end at the beginning of November 2018.

Currently, Boliecoin is being sold at a fixed price of $0.50 USD and there is a total supply of 90,000,000. Additionally, the value of Boliecoins is backed by Bolies TV. When researching the Boliecoin crowdsale, be careful what information you come across as it may be incorrect. It is best to stick to the information that is given on the website.

Before purchasing Boliecoins, it is advisable to first read the white paper to get a clear understanding of what the project is hoping to build. Additionally, you should also ensure you understand Boliecoins terms, particularly the part that says: “In the event that you purchase Tokens, your purchase cannot be refunded or exchanged.” You should be 100% certain that you want to purchase Boliecoin.

How to purchase Boliecoin in the crowdsale?

Those that decide to purchase Boliecoin during the crowdsale will need to go to Boliecoin’s website and click on ‘BUY BOLIECOIN TOKENS’. The next page you are taken to is for registered users to login (email and password). As you don’t yet have an account, you need to click ‘Create an account’ at the bottom, which will bring you to another page. You will need to provide the following information to complete the registration process:

Full name

Phone number

Email

Password

Confirm password

Select your country

Accept Bolies Subscription Agreement

Accept the following statement:

“Boliecoin is a protocol coin an alternative to existing fiat currencies but does not represent “Ownership In Any Specific Asset Or Company.” Boliecoin is a coin that secures the underlying blockchain network. The value is speculative and highly variable depending on market activity”

Confirm you are not a national of China or Singapore

Accept the terms and conditions

Once you have provided everything, click ‘Submit’ and you are now registered and able to purchase Boliecoins with either VISA, Mastercard, Ethereum, or with Bitcoin.

Buying later

If you do decide to buy Boliecoins after the crowdsale, this will mean that up to 30% has already been sold. The remaining Boliecoins have already been assigned some usage. 20% will be divided amongst the current and future team, advisers and experts, another 20% will be held by AMOH LLC a real estate company that is connected to the development of the coin, and an additional 30% will be reserved for future use.

It should also be mentioned that as Boliecoin is still in the crowdsale phase, it may be a while before we see it being sold in exchanges or other alternative locations. On top of that, as Boliecoin becomes more accepted across more exchanges, it will likely increase in price and it might be difficult to purchase with fiat money. It’s quite likely that you may need to buy another coin, such as Bitcoin or Ethereum, first to purchase Boliecoin.

However, it is important to remember that as Boliecoin is designed to be used by gamers, it might be possible to purchase it in several other scenarios, like within a game or a crypto marketplace. Gamers might also be able to get Boliecoins by trading in-game items for it or it may even be possible that the first time you get hold of Boliecoin is by winning it on Bolies TV, as a gamer or in a wager.

Until more is known about where to purchase Boliecoins in the future, it is advisable to follow Boliecoin on social media, specifically Twitter and Facebook. This way you won’t miss any announcements or developments.

Conclusion

The Boliecoin concept will succeed from the projections made available so far on the whitepaper; then by all means, purchase tokens in the crowdsale as the price might have risen if you delay!

Join the Boliecoin Sale here:

👉 https://boliecoins.com/

Don’t forget to follow our social media accounts❗⬇️️

Joyce Coleman has joined the board of Boliecoins as a Operations Strategy Consultan. She joins the team at an auspicious time with all hands on deck to position BoliesTV as the premier peer-to-peer global video streaming blockchain platform.

Coleman is a notable speaker, community activist, author, and management consultant. She is noted for her dedication to customer-focused enterprises as well as contributions to operational effectiveness and efficiency. She is also an advocate for STEM (science, technology, engineering and mathematics) education.

As a previous winner of the JD Powers Award, her work in the airlines industry in the area of customer service remains a reference point. She was the first female corporate officer of African-American descent in any American airline.

Since leaving the aviation industry, Coleman has directed her attention to developing best practices in customer relations, operational methodologies, and personal branding. She is bringing her wealth of experience into the development of the BoliesTV brand.