All games utilize smart contract technology, accept PLAT, and feature tokenized game items that are player-owned and tradable. Virtual assets created on the BitGuild Portal can be bought and sold for PLAT on the Marketplace. Auctions are decentralized and built using smart contracts. Platinum (PLAT) is an ERC20 token. This token will be used to play BitGuild games, trade on the Marketplace, support projects in the Game Incubator and more.
The Portal fosters player-to-player and player-to-developer interaction. Developers will be able to crowdsource game funding, game design, and game content transparently by utilizing PLAT. Unlike traditional cryptocurrency wallets, BitGuild's Item Wallet allows for the display of non-fungible tokens, such as game items and equipment. Players can easily buy games, PLAT, and content with no added costs. Developers avoid hidden fees, fraud, and receive quick payments.