[March 20, 2018] |
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Egretia -- Building the World's Largest HTML5 Blockchain Platform
From stand-alone machines to the Internet, from online user game to web
games, from web games to mobile games, every time the game industry
experiences a platform revolution, enormous opportunities have been
brought to the game industry. In the current "Red Sea Era" where the
mobile game market is fiercely competitive, and head resources are
increasingly centralized, HTML5 is emerging as a new technology with
transformative values. With its robust cross-platform capabilities,
click-to-play propagating features and continuous improvement in engines
and tools, an entirely new race track has been opened up for mobile game
developers.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180320006646/en/
(Source (News - Alert) of image data: Egret Open Platform)
In 2014, "Catch the Crazy Cat" produced by Egret Technologies took the
social media by storm and initiated the first year of HTML5 games. After
four years of development, the HTML5 game market has grown from the $50
millions in that year to the $6 billions of today, achieving a 120-times
growth and validating the existence of a vast blue ocean market for
HTML5 technology.
At the same time, Internet giants have also publicly embraced HTML5
technology. For instance, Facebook has released its H5 technology-based
instant game in its Messenger with more than 1 billion daily active
users; Google (News - Alert) has launched PWA, which advocates the concept of search
and application and applies HTML5 technology to apps and search; WeChat
published mini-games and has ignited a boom in games that are
click-to-play and require no downloading; its "Take a hop" mini-game has
over 100 million active daily users. HTML5 technology has been
recognized globally as a cross-platform, cross-terminal and
cross-industry solution. Its annual global market scale is expected to
reach $100 billion US dollars.
HTML5 Industry Embraces Blockchain. Both Opportunities and Challenges
Exist
While the HTML5 industry has been rapidly developing, we notice that
there are still many obstacles regarding its business model, user size,
and market size. For example, there is a lack of copyright protection
mechanisms and fairness mechanisms to protect games and applications,
and a lack of unified and secure trading platforms for virtual assets.
The reason for this is because of problems such as the vulnerability of
HTML5 game code to plagiarism, the lack of transparency in the
probability drop rate in-game tools and the difficulty of circulating
virtual assets between games. Blockchain technology is highly respected
for its decentralization, security, transparency, non-destructibility,
traceability and other characteristics and is naturally suitable for
solving the pain points of the HTML5 industry.
However, a seemingly perfect answer still has many problems that reality
must confront. The existing blockchain has disadvantages such as low
performance and high technical barriers that hinder the integration of
HTML5 industry and blockchain technology, and these are preenting HTML5
developers from creating applications that can widely distribute on the
blockchain. Egretia Lab is a platform created for the era of blockchain
+ HTML5. It will solve the fundamental pain points of the HTML5 industry
and bring practical, far-reaching significance to the development of the
industry.
Egretia Lab Teams up with Egret Technologies to Create the Strongest
Blockchain Ecosystem in the HTML5 World
Egret Technologies has built the world's first complete HTML5 workflow
that spans 14 technical products such as Egret Engine, Egret Wing,
Dragon Bones and Egret Runtime. As a pioneer in the HTML5 field, Egret
has taken the lead into the areas of APP, marketing, animation, O2O and
e-commerce. It has created many successful cases for Microsoft (News - Alert) Xiaoice,
Huayi Brothers, DianPing, Jingdong, Shanghai Pudong.
As the world's first HTML5 blockchain service platform and ecosystem,
Egretia Lab has teamed up with Egret Technologies to run with the
giants. They have combined blockchain technology with the mature tools,
communities, and content of the strategic partners to bring Egret
Technologies' existing 200,000 developers and 1 billion mobile terminal
devices into the blockchain world.
Currently, Egretia Lab has integrated its existing HTML5 technologies
and productivity tools to successfully build the world's first complete
blockchain game development toolset. Developers can easily and quickly
create blockchain games through the Egretia Lab toolset and use the
blockchain to open up the flow of virtual assets between games. At the
same time, Egretia Lab has built four core platforms: namely, the
distributed communication and storage cloud platform, the game
distribution platform, the virtual item trading platform, Egretia
advertising platform and Egretia incubator. They provide players,
content providers, channels and advertisers with comprehensive
blockchain solutions and services in order to build a healthy ecosystem.
The core members of Egretia Lab all come from world-class Internet
enterprises and renowned companies, such as Adobe (News - Alert), Microsoft, Qualcomm,
Electronic Arts, etc. They have over 20 years of accumulated technology
experience.
Edwin Chen, Egretia's co-founder and CEO, has extensive
experience and unique insights in the Internet. He is a serial
entrepreneur, and Discuz!, the first of the three companies that he
founded, was wholly acquired by Tencent. His second company is the
world's first social gaming company, and his third is Egret Technology,
which currently has more than 200,000 developers worldwide.
Peter Huang, co-founder of Egret Technologies and former Adobe
platform technology manager, has extensive product development
experience and technical capabilities.
Dirk Meyer, Adobe's Digital Media Division PMO and Senior Project
Manager, has over a dozen years of global project management credentials
and is a blockchain expert and investor.
Yin Ma, an expert in compilers and toolchains, has worked for
companies such as Microsoft, Qualcomm, and Absoft.
Ross Przybylski, producer of Electronic Arts, has extensive
experience and expertise in software and game development.
Egretia Lab began brewing its design in mid-2017. It aims to create one
of the largest and most complete HTML5 blockchain platforms. In the
second quarter of 2018, it shall launch Egretia v1.0 version, which will
release many functions such as essential public chains, development
tools, and smart contracts. In addition, Egretia Lab has entered into a
strategic partnership with world-renowned sports game developer Gala
Sports and first-line game developers in Southeast Asia and North
America. It will apply Egretia blockchain technology to their games to
enhance the game security and promote the popularity of platform tokens
worldwide. In the future, Egretia Lab will also support more mainstream
public chains and advance the conception and consolidation of blockchain
in every field!
Egretia Social Media Platform:
Twitter: https://twitter.com/Egretia_io
Facebook: https://www.facebook.com/Egretia.io/
LinkedIn (News - Alert): https://www.linkedin.com/company/egretia/
Reddit: https://www.reddit.com/user/Egretia/
Instagram: https://www.instagram.com/egretia_io/
Weibo:https://weibo.com/u/6501970811
WeChat:Egretia
Telegram: t.me/Egretia
View source version on businesswire.com: https://www.businesswire.com/news/home/20180320006646/en/
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