The limitation and potential of Blockchain/Ethereum game

Transcript

so now is the right time hello Jenny

hello can you hear us hello Janie can you hear us so can you guys hear me now okay great

ass keep going so can I can I start okay hi guys let's meet you in on online and my name is Jay Lee CEO and the co-founder of the biskits we are developing the watching game and our first title is the year's nights and then now we are launching second blockchain game named nice story and is kind we are running the kind of neat open better now and today actually before I before I start the presentation

actually I wanted to be there physically but in Asia there is some some coronavirus coronavirus is rising so I cannot put there so next time I think I really want to see you guys in the physically so yeah and today actually I wanted to share about our teens experience during the when we run the used night which is our first blockchain game title and the second thing is the wanted to share about what we are doing meaning though with the second title which is the night story so those two

actually present prior one is we actually we after we launched the used night and running the game for the one year one one and a half year and when we start the developed either use the nights we see the huge potential on the blockchain game but though after we run the one and a half year we realized that there is a lot of a limitation even if it has a potential so that we are trying to overcome that the limitation so we reset the older our target and older goal Fujita a blockchain game for DITA nice story so wanted to share about porting

so from now I'm gonna share my my screen there is a some material stuff ok here can you guys see that slide which is yeah ok let me go yeah I already touch the same birthday before entering to did that the presentation wanted to explain about who we are so actually we are game

developer meaning that we develop either mobile game at the Lion games line is top tier SNS in Southeast Asia and all of us are developed either mobile game at the two and a half years ago and we found the blockchain at the at the moment actually we saw the EOS blockchain and we think that we know that the idiom as well that you know we think that at the time yes has slightly higher performance compared to data Adrian so we think that we maybe we can

build some blocking game only the u.s. blockchain so because we see some potential the potential meaning that it is some kind of data transistor trade or be the items or something like that actually at the at the moment we don't know what exactly blockchain we just know it looks like it looks fun so we just make something on there test our first starting point and then for the loquat during the development of the yeast nights for Dida half a year we defined ourselves as till we are the game developer and we're

gonna make some bunting lever is indeed a blockchain technology so there is a two key word first cure this again and second key word is blockchain hmm and our identity and our fundamental on the game so meaning that either if blockchain technology cannot help to make game more fun we might we might give up in the blockchain game that's all right entity but though at the moment we are really strongly believe that the plot chain make new phone Cody the game that's the code esta

the way that we think and that's why we are doing this journey so back into the 2018 April we start either use night and then the after the few months we really launching a we better test in the lunch and then running the the year's nights for a one and a half year and then we found a lot of limitation on data for our first blocking game and then the we trying to start we started we start the new project considering the start a new project at the 2019 February actually

the use night okay before that how many people who heard about either yes tonight can you raise that razor your hand okay only few people I think I should explain more detail so yes tonight is kind of the first generation of the watching game before the news night there is no no there is no block okay but it's kind of the our first fire actually the youth night itself is a really similar with either Idol type mobile RPG so user battle with the coupling and then they get some material

based on that petal and then they can craft some items such as axes hammers and armor based on the material and then they can easily trade between the user they can easily trade with the yields so maybe some user makes some some great great access then they can sell that that item to the other user with either point five years or something like that that's the key structure of the game and this is the number that we achieved with the use Knights actually we think within

the within the blockchain game it's kind of the the huge number but data if we consider the traditional mobile game the blocking game and the use nice number of the use Knights is still will this top scale so the number of major to 0 K desta the highest number and then the daily active user only 5k and in the monthly accuser 10k and which is a really interesting number is the week one and the months one retention is really high compared to the traditional game but the other number which is the

Tau and Mau is really limited and then the revenue and then the item trade is slightly higher and we have expected and then doing the yeah do it during the one-year will reach to the 100k year's revenue and then the item trade is 400 K years so but as you know the cryptocurrencies prices are really volatile so yeah I didn't put that the number of in number in that dollar but you know at the moment at that moment the price is comparable we related typically really higher than now and daily transaction

itself is a two five zero K meaning this kind of the number is if we get rid of all the transaction of the tab in the atrium I think it's almost kind of the 300 K or something like that so meaning that the atheria is a really high transaction but the reason why of the reason why we get is kind of with a high transaction because we try to build some blockchain game which is every data on the game should we think that if every date on the game should be on the blockchain so that means every behavior

of the user in the within the game we record all that behavior on the blockchain so that's why the early transaction is really high and as you and we think that uses slightly different with either either so there's a no transaction fee because they have some they should have some unlock some years but that there is no transaction fee so we don't care about the number of the transaction so we just collect every day time every everything every behavior on the blockchain so that's why the daily transaction number is really high is kind of gather the is similar know

the size of the number is a similar weighted or kind of the one one platform such as Adrian Moore is really it was really high but the number seems like um is not that bad experiment we think that but when it to scale the blockchain game we we pasted into we faced against us some some puddle barrier limitation so meaning that we divided the user journey within the game into the five steps oh

and each step there is a some limitation if we try to target method option and if we try to target the scale of the game so user first sign up and then the low green and play and pay pay means that they can buy some in-game currency with a weight with their money or something like that and then when they make the item they can trade that's kind of the 5/5 user journey within the game but all of the ds5 journey we can see the the for the use nights when they should sign up they should make a useful that account and then the designer with it

and then when then try to log in use the years old letter cup and then when they play they can just clay because our game is an ad bit so it's really easy to play and but one more one thing is though as you as i mentioned that either all the user behavior we are trying to record only the blockchain meaning that the place up is slightly slower than the traditional plotting game and then the for the pay everyone can pay with years within the game and then the i can trade which is not at the time there is no energy so at the time it is not it was not the NFT

they just trade the item on the game with the ears that's the for the year's nights but although all the toast step there what we have learned is for to the sign up it's really difficult to to traditional ball at the end user some some some someone who have a big pan of the cryptocurrency and then there's someone who have a big panel did some platforms such as a year sanitarium they can easily sign up because they have already cracked a wallet and they can sign up but if we think that there is a someone who have exchanged account which is a centralized exchange account but

they don't have the cryptocurrency wallet even that kind of a person is really for for that kind of a person they really expressed under the difficult difficulty when they try to sign up so it strongly limit their user base so before the slide to share or thousand got it so okay thank you so the limitation of user base is really type so only to 0k usually is the top number that we can achieve and the foody

the low green when they try that when they succeed on this a sign up is it easy for you to play as I said the limitation of game quality because it speed is really slow so we cannot upload it a lot of contents on there and then the for the play easy but did only for the crypto holder pay also same as well and the I can trade limit it limited the item usability because so this kind of the old thing that we have learned is block with the scalability and then the best adoption of the game so what we are doing for the deny story is that try to

allow this kind of detail limitation meaning that the among that five step will remove the blockchain from the front three step so sign up low gameplay there is no blockchain in the night story because they strongly block the limitation of the and we only apply the the play and I'm trade item trade part do you only implied that the blockchain technology on there so a pick for the pay user can just pay the it pay the pay with either and the fiat as well which is the hybrid and then the for the item trade we just

only using the blockchain technology so meaning that we make an empty and then that they can trade item on the material so that every one who or the spread out in the world why they can trade filly with this blockchain technology so sign up for the sign up part they just can do that either Google and Facebook sign up and easily do that and log in as well and play there is a low blow chance to attend things so we don't record any data on it of all chance blockchain so meaning that the game itself is really really fast compared to the other comparable to get a traditional

blockchain so content yourself is comparable to the traditional blockchain so this is the what we are doing now I think I quickly explain what we have learned yes tonight's end and what we are doing for you tonight story so if you guys have any question I think I don't have a many time so maybe I can get some one or two question and if you don't right yeah so I think I covered it up thank you thank you guys