What is Egretia (EGT) in simple terms: history, course and how to buy

Back

2019-08-04 00:00:00:


Egretia is the very first HTML5 project on the global market that is developed on the basis of Blockchain technology. HTML5 is a well-known hypertext markup language that is used to write online games. By creating the Blockchain platform, the Egretia developers have solved many of the HTML5 and copyright issues.

The HTML5 markup language is rapidly gaining popularity. Now it is used not only for writing online games, but also for creating video hosting sites, various web applications and advertising services.

The Egretia network includes several platforms:

  • game,
  • trading,
  • communication,
  • advertising,
  • technical.

With its help, developers create, customize and promote online games, including cross-platform and cross-server. They use ready-made editors, engines and constructors. Also, the system operates a smart contract, which confirms the copyright of the creator.

Users who have passed KYC-verification get access to games, have the opportunity to buy and sell virtual game products, and earn money from gaming. The system has also brought many benefits to advertisers: they can use a decentralized service that has flexible settings for advertisements.

The platform created allows us to solve several problems that arise when using the HTML5 language:

  • copyright - now the creators of game products can confirm their copyright;
  • payment system - the developers have improved the payment services, now you can quickly and conveniently make the purchase and sale of gaming products;
  • program codes - previously, working with them was difficult and time-consuming, now, thanks to the platform, all tasks have become easier.

The fuel for the entire network is the Egretia cryptocurrency (EGT). It has no analogues in the whole world. The token has interested many - both game developers and investors. The first are delighted with the new technical capabilities of the platform, which appeared with the introduction of the cryptocurrency. The second became interested in the token itself.

What is Egretia?

Egretia (EGT) is a cryptocurrency token issued on the Ethereum platform, aka Ethereum. EGT has provided game creators with many different tools to use in their work.

To take advantage of them, minimal material investments are required. With the tools available, developers can release block games using the HTML5 programming language without considering the underlying technology. The cryptocurrency made it easier for the creators of online games, improved the quality of released products, and allowed confirmation of copyright. Concurrently, the token plays the role of an engine for applications built in HTML5. 

Egretia (EGT) is a digital token owned by the worlds first decentralized platform. The platform itself specializes in developing applications using the popular HTML5 hypertext markup language. It is found in such well-known services as Google, , Baidu, and WeChat. More than half of the online games on the entire Internet use this programming language. Game projects that are developed in HTML5 have a high level of market capitalization at the moment - about $ 6 billion. According to statistics, over the past 4 years, it has grown by 12,000%. 

The goal of the creators of the Egretia platform was to unite all online game developers who work in this programming language. They managed to gather in one place more than 200 thousand creators of game applications and a billion devices. Now all users have the opportunity to develop HTML5 applications in a decentralized mode. The Egretia platform offers wide functionality, a large number of tools for work, a user-friendly interface, the ability to sell and buy game applications.

All platform processes have been transferred to the blockchain. This is one of the main advantages of the system. This will launch the created game as a new blockchain. The function is very convenient for both users of this application and for its creators. The introduction of smart contracts is a great achievement. They confirm the copyright of the creator. With this innovation, the fraud associated with the appropriation of other peoples applications, their illegal sale , disappeared . 

The best specialists of well-known companies such as Adobe Flash Platform, Absoft, Microsoft and others participated in the creation of this project. Professionals have created an original product that has no analogues in the world. World renowned technical, financial organizations cooperate with Egretia: OK Blockchain Capital, Blockchain Ventures, Efund, Fusin Capital, as well as Tokeneed and Genesis. They make regular financial investments, which increases the level of capitalization of the asset.

New investors are attracted by such well-known partners. The number of investments in the company is growing every day. In recent months, the price of assets has increased several times. Potential investors are interested in the question of how long the asset price will increase, but there is no answer to it. Everyone who decided to invest money in the Egretia cryptocurrency at their own risk won. A course that will be impossible to predict in the future.

The developers of the platforms of the same name and the Egretia cryptocurrency took care of creating a digital wallet that is available to every user. The system participants are given a complete development package. It turned out to be a very smart and profitable decision to create a platform with the HTML5 programming language on the Blockchain. There are no analogues of such a system in the world yet. Unlike other platforms that run on FlashPlayer, this system is more comfortable for creating online games.

Egretia history

The creation of the Egretia cryptocurrency began with the Asian company Egret Technology. In 2014, she decided to start developing the HTML5 hypertext markup language. The developments started, their idea developed. 2018 became a turning point, since it was then that the company announced its decision to everyone - to make a platform on the Blockchain. The organizers took this decision 4 years after the start of development to promote HTML5.

The best specialists of world companies took part in the creation of the Egretia network. A few months later, a unique, large ecosystem was created that consists of five platforms: technical, communication, trade, gaming and marketing. Thanks to this tandem, developers can create, customize, release, promote and sell a product in one system.

They decided to use cryptocurrency as fuel for the system. It was created specifically for the Egretia platform. For starters, the developers decided to generate 8 billion tokens. This should be enough for the system to develop. The entire cryptocurrency was divided into several parts:

  • 27% were given to a fund specializing in the future development of the platform;
  • 20% were issued to partners and developers of Egretia;
  • 14% went to promote the platform;
  • 39% left for the token sale.

May 26-30, 2018 - ICO date, which lasted five days. Most of the users of the token sale were well-known organizations and foundations. The firms have come together to form a large alliance called the HTML5 Blockchain Gaming Alliance.

This year the turnover is 4.2 billion coins. During the ICO, 1 ETH could buy 70 thousand EGT. Given the Ethereum exchange rate for May 2018, 1 Egretia token cost $ 0.006. In June 2018, the sale of cryptocurrency started on the exchanges, where the price rose to $ 0.009. After a few days of trading, the EGT rate began to fall sharply.

Analysts explained this situation by a strong tightening of control over cryptocurrencies by the state. For the new Chinese project, the situation was critical. The PRC was the first country to impose bans on cryptocurrency transactions. It is very difficult to promote such a platform in China as digital coins are heavily controlled. The creators of Egretia do not deny the possible risks. If the platform is banned in China, the project will lose most of its clients. This situation will negatively affect the cryptocurrency rate.

The situation of the Egretia token could not be improved even by the release of the first online game on the Blockchain - Football Master. The developers tried to actively promote the new application, but despite this, in August the rate was $ 0.002 per 1 EGT. Capital expenditures decreased three times and amounted to $ 7,000,000. 

At the end of 2018, Testnet was launched, which did not raise quotes during the market fall. Until May 2019, the price of EGT was in the region of $ 0.0001-0.0007. At the same time, capitalization dropped to $ 2,000,000. The digital coin did not make it to the TOP-600 of CoinMarketCap. 

In May 2019, the market began to gradually rise, along with it, Egretias positions slowly and steadily went up. At the beginning of the month, the rate was $ 0.004. Within a couple of weeks, the price for 1 EGT rose to $ 0.02. The increase in value was + 200%. The level of capitalization began to rise again at a rapid pace. At the end of the period, it amounted to 84 million. From that moment on, sharp jumps in the rate began again, which were stopped just a week ago.

At the end of June, the world famous OKEx exchange announced the listing of the Egretia cryptocurrency. Previously, those wishing to purchase currency could do this at the local sites of China. After the digital coin appeared on the exchange, traders from other countries began to quickly buy it up. In a matter of days, the rate rose to $ 0.08 per 1 EGT. Capital investment amounted to 163 million. The cryptocurrency continued to be in great demand among traders.

The KuCoin exchange has also decided to accept the Egretia digital coin. On July 10, 2019, the cryptocurrency won the vote from Huobi Fast Track. This site selects young altcoins that are added by the Huobi Global exchange. The platform team decided to share such happy news on Twitter, after which the number of quotes quickly skyrocketed. Even then, the maximum value of the EGT cryptocurrency for the entire period of its existence was reached - $ 0.10. Capitalization level in the market has increased to $ 390 000 000.  

The recession phase quickly changed the period of a sharp rise in the cryptocurrency rate. In just a week, EGT lost about 40% of its price. Now the rate is within $ 0.007, capitalization has decreased by a quarter, it is 310,000,000 . Despite the fall in value, the digital coin is still in the TOP 40 of CoinMarketCap. 

Distinctive features of Egretia

The platform is unique today. Its work has many features that distinguish it from other systems.

The platform developers have introduced a token mechanism, thanks to which each player will be provided with an individual identifier. It only works in games using the Egret Engine.

The blockchain system is completely transparent and irreversible. Each user has a unique passport that is available in the content system from Egretia. Thanks to this tandem, the platform accurately identifies each user and successfully builds a lending system. The creators of online games can communicate with each other, despite the fact that they are located in different parts of the world. Developers can combine their ideas and create a joint product. Also, users can exchange Egretia and virtual resources, tools, etc. 

An SDK is available for online game developers, a huge selection of tools for working with products. On the platform, you can see the rating of these devices. They can be purchased for Egretia tokens, which were distributed by participants when the platform was created.

The huge eco-system unites about 200,000 creators of gaming products. All of them can use the Egretia Blockchain SDK regardless of their country of residence. Games and applications are developed with blockchain and HTML5 language programming. This scheme of work increases the reach of the digital coin Egretia to one billion users worldwide. The token will penetrate all HTML5 content models, virtual commodity platforms, advertising platforms, communities. The developers have tried and created a full-fledged system thanks to which you can create a game application, check it, package it, edit it or change it if necessary. Working with such a product brings only pleasure. 

A special feature of Egretia is its own advertising platform. With its help, you can promote your product by setting targeting preferences. The uniqueness of the system is that it is suitable not only for game development, but also for building new business models.

The HTML5 hypertext markup language is several times superior to the Flash player. Previously, all games were created with the latest product, which made them very overloaded. With HTML5, creation is quick and easy. This language is used by the worlds leading companies such as Google, . This confirms the extensive and convenient functionality of the platform. Thanks to HTML5, Egretia is very popular among game developers. 

The Egretia project consists of a self-developing platform that is based on the DPoS algorithm. The system is designed for the development of applications based on the HTML5 markup language. Using the DPoS algorithm will increase the scale of the platform and make it decentralized. Egretias throughput is quite acceptable - up to 2000 transactions. This is enough for comfortable management of digital coins within the project.

The platform has many features that make it convenient for other users:

  1. During the integration of blockchain technologies, a node server will be used. It provides high-speed communication with smart contracts HTML programming products
  2. To secure the ecosystem at a decent level, the creators of the platform have developed a package of documents. The system works transparently and legally. Each user is protected by law.
  3. For a fast and large-scale circulation of tokens, the creators have made an established payment system. All transactions take place as soon as possible. The speed of transfers did not decrease with the increase in the emission of cryptocurrency.
  4. The main advertisers on the platform are world-famous brands, so it was decided to make a closed advertising component of the project.
  5. The internal Egretia engine speeds up the marketing of the platform significantly. Thanks to him, the audience that uses the program through mobile devices has grown. Now the number of users is over 1 billion.
  6. All users are guaranteed complete confidentiality. The platform developers have created a mechanism for the privacy and encryption of tokens.
  7. Users are additionally identified by their use of unique and confidential tags. This additionally confirms the copyright for the products created.
  8. On the platform, each user has his own passport, which confirms his identity. This system allows building a strong and reliable credit system. Identity allows users, regardless of where they live, to communicate with each other and exchange resources within the platform.
  9. The creators included 14 different products in the workflow. They allow you to cover all content that was developed in the HTML5 markup language.
  10. The public network is constantly developing itself. This is due to the communication of users, their mutual cooperation, the exchange of resources within the platform, and their advertising projects.
  11. The project is distinguished by its good performance. The public network has a lot of computing power, all processes are optimized specifically for the gaming industry. The cryptocurrency has a high speed of digital transfers per second.
  12. The platform creators took care of the users. They have created a smart assistant to help everyone with coding programs. Also included are many additional tools to make a quality gaming product.
  13. Each user of the Egretia platform, regardless of whether he is a player or a gamer, can open his individual digital wallet. With its help, system participants can store and manage the internal EGT cryptocurrency. The wallet itself is provided with a high degree of protection against hacking.
  14. Egretia is the worlds most secure system for building HMLT5 blockchain applications.
  15. The codes associated with the project are publicly available. Anyone can check out the source code on Github.
  16. Participants can purchase additional tools for working with gaming applications. Payment for the purchase takes place using the EGT wallet.
  17. Tokens act as payment for in-game items and various content that is inside the platform.
  18. The public network Egretia regularly hosts lotteries. To participate in them, you need a sufficient number of tokens. In case of winning, the user will be able to earn funds to purchase additional instruments.
  19. The creators of the platform generously reward users with tokens who actively participate in crowdfunding of gaming applications.
  20. It is not difficult for distributors to earn tokens. To replenish your digital wallet, you need to regularly distribute interesting content and advertise the project outside the platform.

The Egretia platform attracts potential participants and investors with its convenient and profitable system. For most users, one of the main points is the security of the digital wallet. Fortunately, the public network developers have taken good care of this. All possible levels of protection were included in order to secure the capital of the participants. It is impossible to create and open a digital wallet without confirming the users passport. All personal data of the participant remains confidential.

How Egretia works

EGT cryptocurrency is the main engine of the entire platform. In parallel, it plays the role of the main means of payment within the public network Egretia. With the help of tokens, you can buy various software products, launch a smart contract, purchase an advertisement, open access to virtual goods of the store and all online games of the platform.

The digital coin has helped attract over 200,000 participants to the project. Large financial companies are interested in the token. EGT is promoting the platform to the highest level in the global market. Thanks to the investments of investors, the capitalization of the coin is growing, the rate becomes more profitable for investors. The creators integrated the token into gaming applications within the platform, which allowed attracting even more participants from all over the planet. 

Egretia advantages and disadvantages

The platform has many advantages that make it the leader in todays market:

  • the blockchain was developed personally by the creators of the open source platform;
  • a comfortable package of tools was created;
  • there is a smart assistant when coding a game application;
  • each member of the network can open a digital wallet;
  • professional development team;
  • the network is run by a well-known Chinese company;
  • the system has good prospects in the modern market for the implementation of its developments;
  • the platform has a portfolio of popular gaming applications;
  • ecosystem of the platform is very reliable and stable;
  • during its existence, the platform has never deviated from the drawn up work plan;
  • the founders of the company have charted a clear course of development for the future.

The cryptocurrency itself also has a lot of clear advantages over other altcoins:

  1. Good development perspective. The HTML5 markup language is used by popular services WeChat, Baidu, Google and others. Most of all online games also run on HTML Thanks to this promising niche, the market capitalization of all games released in HTML5 has grown to $ 6 billion. The increase is + 12000%, this value was achieved over the last 4 years of operation.
  2. Well-known developers, influential financial and technical companies took part in the creation of the currency and the platform. The best programmers of such leading organizations as Adobe Flash Platform, Absoft, Microsoft and others were involved in the formation of the system. Financing was undertaken by OK Blockchain Capital, Efund, Fusin Capital, Genesis and others. Thanks to their regular financial investments, the capitalization of the asset is growing every second.
  3. You can configure system parameters in real time. The developers allowed editing the platform settings without using forks. All decisions to change parameters will be put to a general vote. All transactions will comply with the consensus rules.
  4. Clear plans for the future. The platforms creators have mapped out a clear roadmap to the future. The goal of the developers is to create an independent, large-scale platform that brings all gamers and game creators together in one place. The system will contain everything you need to create - settings, encoding, packaging, selling and advertising a game product.

Like any other product, Egretias public network and cryptocurrency isnt perfect. The platform has its drawbacks, but fortunately there are not many of them:

  • there is no regulation of cryptocurrency, the problem is especially relevant for China;
  • very strong competition in the cryptocurrency market and in the field of blockchain technologies;
  • there are no high-profile news;
  • the platform is based on Ethereum, but the developers plan to develop their own blockchain in the future;
  • the developers do not exclude the possibility that, due to government regulation, the operation of the system in the territory of Asian countries will need to be stopped;
  • if China is disconnected from the platform, the system will lose most of its customers and important financial partners.

Despite all the factors, the events of recent months indicate an increase in the popularity of altcoin. In just a couple of weeks, the volatility of the asset has increased. The platform developers guarantee an adequate supply of digital currency growth.

On July 17, 2019, the EGT cryptocurrency climbed three lines in the ranking in CoinMarketCap. On this day, the daily trading turnover increased from $ 75 to $ 96 million. The young cryptocurrency has outperformed NEM and Dogecoin combined in daily trading . Analyzing the price dynamics of the Egretia token and the market chart, we can say that the exchange rate is unstable. Developers cannot predict the date when the digital coin price spikes will stop. 

Does Egretia mining exist?

The EGT cryptocurrency, although young, is already in great demand. 4.2 billion tokens have been launched into circulation, but how can financial investors get them? Miners are interested in the standard way of creating currency - mining. Unfortunately, the developers of the platform and cryptocurrency did not provide for mining.

When the full platform is launched, Proof-of-Game mining will be enabled. System users will be able to earn tokens for the time they spend in the game. Also, members can earn by inviting new customers. Bonus digital coins will be credited to the wallet after completing special tasks.

How do I buy or sell Egretia?

The digital coin was first listed on July 22, 2018. At the moment, you can buy cryptocurrency only on exchanges. The largest platform, accounting for 70% of all transactions, is OKEx. The exchange offers to purchase Egretia in combination with Bitcoin, Tether, Ethereum and other digital coins. You can also buy EGT on other, equally well-known, cryptocurrency exchanges: Hotbit, KuCoin, Huobi Global. At these sites, the trading volume is several times less, but there are no problems with storing tokens. The cryptocurrency was developed and released on the basis of Ethereum, so you can move digital coins to any virtual wallet that supports ERC-20.

Egretia to ruble rate

Egretias rate has been unstable since its release date. The value of a digital coin either increases several times or falls just as rapidly. Despite this, it is of interest to many investors from around the world. Russian financial companies are eager to invest in the Asian platform. The egretia rate to the ruble: 1 EGT = 4.96 RUB. 1RUB = 0.20 EGT. Cryptocurrency prices are volatile and change every minute.

Egretia to dollar rate

The price of the Egretia cryptocurrency is volatile. Since 2018, the price has reached both the maximum and minimum price thresholds. At the moment, the rate is 1 EGT = $ 0.07. Despite the large jumps in the value of the currency, the amount of capitalization is $ 315 million.

Egretia to Euro

European financial companies are also looking to purchase the Egretia token. On cryptocurrency exchanges, the price is 1 EGT = 0.07 €. The cost is equal to the exchange rate against the dollar. All European investors think about the benefits of such investments.

Where is Egretia stored?

To store the purchased or earned digital coin, the developers have provided a virtual wallet. It is equipped with a high degree of security, identification of the person is carried out by a personal passport. The digital wallet is located inside the platform.

If you are not a member of the system, but want to purchase cryptocurrency, a virtual wallet with ERC-20 support will do. Egretia was created on the basis of Ethereum, so it can be stored on one wallet without any problems.

How much is Egretia in total?

The token participates in both service processes and game sessions. Participants have the opportunity to exchange cryptocurrency, participate in promotions, advertising campaigns, sweepstakes, lotteries. The development of the digital coin was based on ERC-20. At the moment, the total number of issued tokens is 8 billion. All coins were distributed on the right platforms and among the participants. In the future, in case of a successful outcome, more coins will be generated.

Egretia emission

Over the two years of its existence, the total emission of the Egretia (EGT) cryptocurrency amounted to 8,000,000,000 . You can buy an existing digital coin on cryptocurrency exchanges, which have been actively selling EGT for rubles, euros, dollars and bitcoins since 2018. For sale, developers have allocated 39% of the assets, the remaining 61% were distributed to other platform services. Experts predict success in the movement of the cryptocurrency rate and assume additional emission in the future.   

Knowing how much Egretia (EGT) is worth now, you can find out the profitability of the EGT and the prospects of the coin when mining.

How is Egretia provided?

The cryptocurrency does not depend on the dollar rate, is not tied to gold. The growth of the token is carried out due to its demand. Egretia is second to none on the market today. The popularity of the blockchain platform is growing, and with it the price of a digital coin. It is the cryptocurrency that launches all the processes in the system.

The future of Egretia

The creators of the platform promise the rapid development of the system. A clear development plan for the period until mid-2020 has been published online. Further, the management did not dare to build a roadmap, since their principle is slow but steady movement. Egretia is not chasing overfulfillment. Until today, the platform has not moved off the intended course and has already completed most of the tasks set:

  1. Second quarter of 2018. The company has been actively developing the project. All the working aspects of the future system were studied, the platform was tested. After achieving satisfactory results, the developers proceeded to the next stage of development.
  2. Third quarter of 2018. The first batch of gaming applications was released on behalf of Egretia. The creators of the platform appreciated the excitement among gamers and tuned in to release a more reliable version.
  3. Last quarter of 2018. Alpha version launch.
  4. First quarter of 2019. The platform developers started to create a digital wallet. The priority was the reliability and high level of protection of clients funds. A personal user passport was introduced.
  5. Second quarter of 2019. Gaming platform release. After the release, the popularity of the network began to grow. Gamers all over the planet and large investment companies became interested in the project.
  6. Third quarter of 2019. Developers want to create a special platform for asset trading. Such an innovation should attract the attention of financial firms and investors. Egretias assets will be distributed among influential investors, the value of the platform will increase.
  7. Fourth quarter of 2019. The creators have plans to launch an advertising platform. It will bring additional income to Egretia and help game developers market their apps. Advertising projects will be paid for with the internal cryptocurrency EGT.
  8. The beginning of 2020. The platform will feature blockchain support from Ethereum and EOS. Egretia will gain a foothold in the global market and the situation will become more stable.
  9. Mid 2020. The platform will start running on its own blockchain called Egretia. The system will become independent from the Ethereum base.

The Egretia digital coin has garnered so much attention for a reason. Despite the fact that it is provided as a means of payment in the Egretia network, companies that are not related to gaming will be able to make money on it.