{"id":4162,"date":"2022-03-05T20:21:15","date_gmt":"2022-03-05T20:21:15","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/playkey-whitepaper\/"},"modified":"2022-03-05T20:21:15","modified_gmt":"2022-03-05T20:21:15","slug":"playkey-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/playkey-whitepaper\/","title":{"rendered":"Playkey Whitepaper"},"content":{"rendered":"
\n

Playkey, a leading cloud gaming provider, is contemplating an ICO with the intent of exponentially accelerating the pace of cloud gaming development through decentralization. The aim is to provide gamers with a reasonably-priced opportunity to play top rated games anytime and anywhere, using any device connected to Internet, without having to purchase a high-end PC or console.<\/p>\n

The revolution of cloud gaming has picked-up steam, but is still struggling through some obstacles, namely:<\/p>\n

\u2022 the complicated process of game streaming software development; \u2022 getting approval from game developers and publishers to use their game titles on cloud platforms; \u2022 the high cost of hardware (professional GPUs, server equipment, data storage equipment, etc.).<\/p>\n

Playkey is based on proven working technology. The team of 45 experienced R&D specialists, collaborate with leading game publishers including Ubisoft, Bethesda and Wargaming. Playkey has a network of 120 Nvidia Grid powered servers based in London, Frankfurt, Amsterdam and Moscow, and is backed by a large European VC fund.<\/p>\n

Playkey aims to create an ecosystem for cloud gaming and other use cases (\u201cThe Playkey Ecosystem\u201d) featuring:<\/p>\n

\u2022 Dozens of independent owners of powerful computers worldwide (\u201cminers\u201d) united within a community, and acting as cloud gaming service providers;
\u2022 A single universal ecosystem cryptocurrency \u2014the PKT token\u2014 which will be issued via the ICO;
\u2022 Unified high standards of cloud gaming service (SLA) set in the form of a miner-gamer smart contract;
\u2022 A governing and community regulating body \u2014 Playkey Foundation, the issuer of the PKT token, responsible for service and ecosystem development.<\/p>\n

All parties benefit from participating in the Playkey Ecosystem:
\u2022 Miners get an efficient option to utilize their computational capacities that is more efficient, more stable, and less risky than cryptocurrency mining;
\u2022 Gamers will be able to choose the best and closest server for playing; \u2022 Game developers and publishers will expand their client base. Funds collected through the<\/p>\n

ICO are will be used for development of the Playkey Ecosystem and cloud gaming popularization. The main terms and conditions of the ICO and PKT token are as follows:
\u2022 Total number of PKT to be issued is 100 000 000 units long-term non-inflationary;
\u2022 60% of issued tokens are intended to be sold, 12.5% are reserved for the Playkey Foundation, and the rest will be distributed among team, escrow agent, bounty and ICO advisors;
\u2022 PKT tokens are to be implemented on the public Ethereum blockchain in accordance with the ERC20 (Ethereum Token Standard Tokens);
\u2022 Cap is set at PKT 100 000 000 (one hundred million) level;
\u2022 ICO proceeds are going to be used for the Playkey Ecosystem and cloud gaming service development;
\u2022 The funds will be stored in ETH, bitcoins and US dollars after the end of the ICO to minimize the risks.<\/p>\n

Subject to the amount collected, the planned structure for fund use is as follows: \u2022 Service marketing, promotion and PR \u2013 25-45% of total fund; \u2022 R&D expenses (mainly salaries and wages) \u2013 20-50%;
\u2022 Infrastructural costs \u2013 20-30%;
\u2022 Operational costs \u2013 4-5%.<\/p>\n

Playkey
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Playkey, a leading cloud gaming provider, is contemplating an ICO with the intent of exponentially accelerating the pace of cloud gaming development through decentralization. The aim is to provide gamers with a reasonably-priced opportunity to play top rated games anytime and anywhere, using any device connected to Internet, without having to purchase a high-end PC […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4162","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=4162"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4162\/revisions"}],"predecessor-version":[{"id":4163,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4162\/revisions\/4163"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=4162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=4162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=4162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}