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Playkey is a decentralized cloud gaming platform based on blockchain technology. The token is abbreviated as PKT. Playkey has 300,000 users in Europe and the Commonwealth of Independent States (CIS). Its aim is to provide gamers with affordable access to play high-end PC or console games.
The cryptocurrency and blockchain technology within Playkey offer tremendous opportunities for scalability, decentralization, and accelerated transition from gaming to the cloud. Users will have the chance to independently create an increasing number of cloud servers based on smart contracts and without intermediaries, along with reliable methods for transactions between sellers and buyers.
P2P technology will allow owners of high-performance video cards to earn more money than through cryptocurrency mining, while enabling gamers to play their favorite games on any internet-connected device for a small fee.
Project Pros and Cons
Pros:
The project addresses a pressing issue. All indicators show a future shift towards cloud gaming. Through decentralized governance, the Playkey team makes AAA games accessible to everyone globally on any computer.
The team behind it has experience, having been operational in the field for over 5 years and raising funds. The companys revenue stream is stable, allowing for consistent progress on such projects.
Cons:
The team lacks prior experience in blockchain development and must hire and lead a team to support the project.
Playkeys competitors are billion-dollar companies. Once they decide to transition their cloud gaming solutions to blockchain technology, they can deploy substantial funds and expertise to achieve that goal.
Use Cases
Playkeys virtual gaming service focuses on providing distributed network resources comprised of home PCs worldwide for gamers. Its primary target is owners of old or low-power PCs that cannot run state-of-the-art games. In this service, owners of underpowered PCs, laptops, and MacBooks can operate modern games on their devices. Games will be executed on "cloud" hardware with mining capabilities.
Game Development and Publishing: Supports game developers and publishers in incentivizing the creation of new games with direct support from the gaming community.
Decentralized Marketing: It will provide miners with a range of tools to attract users to their GPU-powered machines (e.g., web services, mobile applications).
E-Sports and Streaming: Will establish online competitive programs offering broad, fair, and engaging tournaments for gamers and teams. Additionally, the team will develop services to support and enhance the streaming experience for gamers and streamers.
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