Neoxa.net The future of Crypto Gaming

Gamers have long wanted to earn from their hobby and passion for gaming. Although some lucky ones could, it has never been an option for the majority. Neoxa.net, a unique crypto gaming project, turns this dream into reality for gamers, while also offering incentives for streamers, investors and crypto miners. Dive into the details of this project with us!

1.- Let’s describe the current state of the gaming experience

A skilled gamer, Kris devotes countless hours daily to honing his skills in a game he loves. Despite the immense entertainment that the gambling industry offers, there is currently no accessible way for him to earn money from his game without relying on luck or making significant personal sacrifices.

Although avenues like Esports exist to monetize playtime, it remains elusive for many players like Kris. Clearly there is a lack of reward system for players like him to get tangible recognition for their expertise and dedication.

Neoxa – Turn playtime into payday

Neoxa tackles this problem with its PlaytoEarn model, which seamlessly merges gaming and crypto. Players can earn coins without upfront payments, and enjoy their favorite games while getting financial rewards through Neoxa’s unique mechanism.

2.- So what is Neoxa?

Neoxa is a Proof of Work L1 blockchain that started as a fork of a Raven Coin with asset capabilities and KawPow as its consensus mechanism. Later, Neoxa forked into Dash code while retaining the asset layer and KawPow algorithm (ASIC-proof) of Raven Coin. With the fork to Dash, Neoxa also introduced Dash features such as MasterNodes (Neoxa SmartNodes), direct sending and private sending.

Neoxa is building an ecosystem that provides the perfect environment for developers, investors, miners, gamers and streamers.

Some key points are:

Total supply 21BCirculating supply 4.3B+Block size 5000 and block time 60 seconds with 4 year halvingsBlock distribution 45% Miners, 45% SmartNodes, 5% development, 5% gamers.

See also: https://neoxa.cryptoscope.io/stats/

3.- Passive Income via SmartNodes

Neoxa’s ecosystem uses SmartNodes, a technology derived from Dash’s MasterNodes, to improve the blockchain’s functionality, efficiency and security. SmartNodes ensure stability and reliability, with future potential uses such as rentable game servers and supporting a distributed streaming service.

Running a Neoxa SmartNode requires 1,000,000 $NEOX (the native coins of Neoxa). SmartNodes can be hosted at home with appropriate hardware and there are plenty of online tutorials and a welcoming community to help you get set up. Alternatively, services such as nodeorbit.com, pecunia.io, inodez.com and runonflux.io offer an easy setup. Once established, a SmartNode earns a 45% share of its allocated block, providing a potential source of passive income.

4.- Play to earn and stream to earn

Play to earn

Players can start reaping rewards in the Neoxa ecosystem by visiting gaming.neoxa.net and linking their wallet to their preferred game. Unlike other PlaytoEarn models with upfront costs, Neoxa is accessible without any initial investment, attracting a wider gaming audience. This provides an opportunity for Neoxa to introduce a large number of players to cryptocurrency and its ecosystem. The coin’s value is maintained through various means detailed below.

While mining and SmartNodes are the main source of earning $NEOX, gaming should be seen as a reward for the time spent gaming. From an investor’s point of view, PlaytoEarn and StreamtoEarn should be viewed more as a marketing tool to help bring users into the ecosystem (adoption).

To encourage fun and fair play, Neoxa has created an algorithm-based scoring system that rotates and changes. Tasks or actions that give rewards are kept secret. This is done to encourage players to play the games as they were designed to be played and to prevent abuse of the system.

Furthermore, when Neoxa adds games like Fortnite to its ecosystem, we make sure to follow the rules in the End User License Agreements (EULA). We carefully check the EULA and then talk to the game publisher to confirm that our plans meet all the rules.

Neoxa has seamlessly integrated its platform into already popular games, such as Rust, Dota2, GTA FiveM and Fortnite. Players can actively accumulate $NEOX coins while playing. Neoxa is currently integrating Counter-Strike 2 and plans to purchase a mobile game, marking the project’s move into mobile gaming markets.

Stream to earn

StreamtoEarn works similarly to Neoxa’s PlaytoEarn mechanism, and is available to everyone through the Gaming Portal (gaming.neoxa.net). It uses an algorithm to reward content creators for their active streaming. To participate, creators must actively stream, create original content and follow guidelines. Cheating, such as re-streaming and artificial intelligence, is not allowed to maintain integrity and a positive community experience.

Currently, StreamtoEarn is only available for Twitch, but Neoxa is exploring options for integration with YouTube and Kick.

5.- Gambling portal and market

GamingPortal is currently a web page available at neoxa.net (gaming.neoxa.net). It is the central hub for connecting and streaming games to the Neoxa ecosystem. Here, users can link their gaming or streaming accounts to their payout addresses. This ensures that players and streamers alike will receive $NEOX for their actions.

In addition, the GamingPortal also has a marketplace that offers users the opportunity to use $NEOX to purchase coveted in-game items. Each item purchased activates a coin burning mechanism, reducing the overall $NEOX supply. This innovative design adds to the scarcity and long-term value of $NEOX with over 6 million Neoxa already burned by the market and nearly 44 million total $NEOX burned.

Soon with the arrival of SDK, game publishers can create an asset on the Neoxa chain and implement their asset as PlaytoEarn in their own game, making Neoxa available to developers as well. This asset can then be traded for $NEOX on the upcoming asset exchange. Upon the creation of an asset, $NEOX is burned.

This creates a dynamic and rewarding gaming ecosystem that transforms crypto gaming as a whole!

6.- Burning mechanism

$NEOX has unique fire mechanisms within its market and it deserves more attention. Although a marketplace is possible for some games (currently available for Rust and GTA), not all games can be integrated into the marketplace and a different approach is needed.

For games like Dota2 and Fortnite, a passive fire mechanism was created. It allows integration of games that cannot be added to the market. Passive burning means that players are rewarded based on their actions as explained above, but a percentage of coins paid out is burned until a set amount is reached. It also reduces the overall coin supply and improves the entire tokenomics.

One lesser-known burn mechanism comes in the form of ad monetization. Advertising revenue is used to buy $NEOX from the market (buybacks) and, on a percentage basis, part of it is burned while the remaining percentage is used for marketing and to further reward players and streamers, which the encourage growth of the models explained above. .

7.- Road map

Here is the Neoxa roadmap in no particular order:

More StreamtoEarn platforms An aggressive marketing push Listing on more exchanges (currently in the audit process for larger exchanges) Introducing an Asset ExchangeCS2 and mobile game integrationSDK development for more game integrationsSlimNode development for additional utility.

See also the Neoxa white paper.

8.- Conclusion

Neoxa – $NEOX offers a compelling cross between crypto and gaming, offering a PlaytoEarn and StreamtoEarn model that turns gaming on popular titles into a profitable venture while providing incentives for investors and miners.

With its unique features, Neoxa demonstrates a commitment to innovation in the crypto gaming space.

Now players like Kris can have their own way to grow and participate in the world of crypto.

Join the Future of Crypto Gaming!

Reference:

website: https://www.neoxa.net/

Twitter: https://twitter.com/NeoxaNet

Discord: https://discord.gg/MWgPYYEx

Telegram: https://t.me/Neoxanet

Marketcap Tracker: https://www.livecoinwatch.com/price/Neoxa-_NEOX

Exchanges: MEXC, CoinEx, Tradeogre, XT, Latoken