ikonic - Building the Ultimate In-Game Economy for The Next Generation

 

Greetings to everyone! I'd like to tell you about a new cryptocurrency called IKONIC. As a preamble to the discussion, I believe we can all agree that blockchain technology has a long way to go in terms of evolution and improvement. Thus, let us take a brief look at the IKONIC project.

As the esports sector matures into multimillion-dollar events and companies, IKONIC will give them with a new platform for engaging with their fan base and owning and sharing their finest moments in history.

Even the most wild and amazing gaming performances may be reduced to NFTs with a few mouse clicks. They'll be listed on IKONIC's marketplace and ready for trading in a few more clicks. They can be structured to pay lifelong royalties or to provide additional revenue streams via sublicensing rights.

After all, this is only the beginning! IKONIC, in comparison to other NFT marketplaces, will be distinctive. It will be a movement, not a collection of individuals. We hope to aid the IKONIC community in harnessing their gaming enthusiasm in order to do incredible things. We can accomplish anything as a team:

A new economic model should be developed, one that enables the creation of a diverse range of innovative, exciting, and unique games: a gaming service.
The metaverse is in critical need of a new launchpad for the next wave of indie blockchain games, which will benefit gamers worldwide.
These projects will thrive if the market for their in-game material is expanded, thereby establishing a sustainable ecology for them.
Electronic sports have exploded in popularity.
Esports, a $950 million industry, is expected to grow at a 9% annual rate through 2023. Even if you don't watch them, multi-million dollar esports championships are becoming increasingly relevant. Some are giving more money than the world's inaugural golf tournament, The Masters, which took place in 1934. When we examine this new market, it is clear that something is missing. The secondary market for reliving legendary sporting events has exploded in the legacy sports industry. Sports memorabilia and collectibles account for a sizable portion of this, accounting for $140 billion in annual revenue.

This old sector is likewise embracing blockchain technology in order to modernize. NBA Top Shot has amassed almost $230 million in revenue in just a few short months. They contributed to the company's $2 billion valuation. However, the esports sector has yet to see something exactly like this—at least not yet. Due to the fact that everything is so new, events might occur at an excessively rapid rate. It is possible that the necessary legal infrastructure has been misplaced. Major sports organizations can leverage and re-monetize their intellectual property (IP) by sub-licensing without jeopardizing or diluting their rights to the underlying product.

Until recently, there was no blockchain-based implementation of this type of structure. It is doable in this day and age. IKONIC is prepared and waiting to put it to use. There is no reason for us not to accomplish NBA Top Shot in the esports market. We'll assist the most prestigious events in leveraging the power of blockchain technology to improve revenue and reach.

SIX METHODS BY WHICH IKONIC CREATES VALUE
The purpose of this article is to explore IKONIC's value generation approach in light of the enormous development potential of these gaming trends. This will be accomplished in the following manner:

IKONIC will provide users with a seamless and rapid video clip to NFT minting experience. As with Instagram and TikTok, the new platform will make it simple and enjoyable to conduct minor edits and flourishes on video content. Every user will be able to use the platform and have a nice time while doing so. Our mission is to build a platform that allows gamers of all skill levels to capture and share amazing gaming moments with their friends and fans. Users will have easy-to-manage royalties and sublicensing rights on the platform, allowing them to retain control of their material and easily manage and earn money.

IKONIC INCLUDES A COMPLETELY DEVELOPED AND BUILT-IN MARKETPLACE. The original design will place a premium on game-clip NFTs. As a result, gamers can easily monetize their own recorded gameplay. After IKONIC enters advanced development, a larger market for game-related digital assets can be established on top of the existing marketplace infrastructure and community. The growth of the marketplace benefits IKONIC's gaming as a service. launchpad conceptualizations, as mentioned below.

HOW TO PUBLISH YOUR NFTS Have you ever visited a collector's residence? What an incredible trophy collection they have! Finally, IKONIC is bringing this experience to the world of digital non-volatile memory (NFT). In IKONIC, owning NFTs—both video clips and in-game assets—feels like possessing a tangible object with which you can interact and socialize, making them more valuable than alternative NFTs.

CLIP TO IKONIC'S NFT PLATFORM
The cornerstone for the first four projects was a program that allows you to print video game snippets onto NFT. It was a ground-breaking application that enabled users to print video game footage onto NFT that laid the groundwork for the company's first four endeavors.

Here is a video demonstration of how it works. This program already incorporates NFT printing, allowing gamers to print directly from their real console! iKONIC is the only company in the industry with this concept, giving it an advantage in terms of market penetration. While the demo highlights the app's utility for casual gamers, the technology behind it may also prove immensely advantageous for professional game streams. This core product and its surrounding community are certain to attract eSports teams and event organizers alike. However, blockchain technology will enable them to generate more revenue streams from their assets than they could have envisioned.

If you want to learn more, click on the link below.

Website — https://www.ikonic.gg/
Telegram — https://t.me/ikonic_moment
Twitter — https://twitter.com/official_ikonic
Medium — https://medium.com/ikonic
LinkedIn — https://www.linkedin.com/company/ikonic-official/
Discord — https://discord.gg/GgSD6B55

Creator Article

Bitcointalk username : Nesspay
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2694163
Telegram: @Nesspay1
Address: 0xdb4F5c9b2A82ac91114969f9aa917AA899BbF8bB