Public Crypto BLOG: Ants Reloaded - Transparent Payment System For Gaming Consoles on Blockchain Platform

The value of the global video games market in 2017 is 78.61 (in billion U.S. dollars) and is projected to increase to USD 90.07 billion by 2020. With a $78.61 billion market, acquiring just a fraction of market penetration results in large revenues: 0.1% market share alone is $78 million a year. But the gaming industry is facing some problems nowadays:

Expensive and long payment process: There are 16 different steps to settle the transaction and up to 15 different fees to pay for payment gateways. Transaction fees range from 2% + 0.1 to 6% + 0.7. Chargeback fees of USD 15.

The problem is, for the moment you can pay only with a credit card or a Paypal account. That means expensive and long payment process. There are 16 different steps to settle the transaction and up to 15 different fees to pay for payment gateways. Transaction fees range from 2% + 0.1 to 6% + 0.7. Chargeback fees of USD 15.

So we have decided to build the first cryptocurrency wallet specially designed for gaming consoles. This wallet will have a proprietary payment gateway that allows gamers to use Ants Reloaded to buy games, movies, or subscriptions. Our wallet will work only with Ants Reloaded (ANTS).

ANTS RELOADED is the first fully decentralized and transparent payment system for gaming consoles managed by an Ethereum smart contract. We are developing the first cryptocurrrency wallet that can be embedded on any game console such as Xbox, Playstation or Nintendo.Ants Reloaded is the first payment system for Xbox, Playstation or Nintendo consoles powered by blockchain technology.

Ants Reloaded Goal

The primary goal of ANTS is to change the way gaming industry operates by utilizing programmable logic of smart contracts, immutability of blockchain ledger and high speed of transactions that blockchain technology enables.

Ants Reloaded brings together two technologies already exists. Gaming consoles-cryptocurrecy. Our vision is to revolutionize the payment of the gaming industry with the help of blockchain technology. The value of the global video games market in 2017 was 78.61 (in billion U.S. dollars) and is projected to increase to USD90.07 billion by 2020.With a $78.61 billion market, acquiring just a fraction of market penetration results in larger revenues: 0.1% market share alone is $78 million a year.

You will be able to buy anything from:
Your favourite games, movies , or simply pay your Netflix subscription in a few seconds and without using a credit card.

Ants Reloaded Benefits :

You can organize tournaments between gamers with special rewards for the winners.
You can pay for your favourite players on Fifa Ultimate Team.
You can buy subscriptions, games, movies and more.

Ants Reloaded are sent in 2 minutes everywhere around the world with very low transaction fees. Ants Reloaded will provide gamers a smart wallet client that can greatly enhanceuser experience for buying and selling in-game items on every game console. In addition gamers can create their own tournaments and use their own ANTS tokens or virtual assets as prizes.