Big Plans For DeFi and NFTs As Esports DApp Goes Global

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A decentralized sharing economy protocol that’s home to a vibrant eports platform

has announced that it is planning to roll out DeFi and NFT functionality.

The flagship DApp on TimeCoinProtocol is eSportStars — a platform that unites


professional players with fans. A plethora of top games are supported… including
Fortnite, Call of Duty Mobile, and Counter-Strike: Global Offensive.

Through eSportStars, enthusiasts can participate in tournaments for all of these


games — and the alpha version of the DApp has already attracted 10,000 users. A
flurry of new features will be added in the coming months to make the platform a
place where users can interact and enjoy each other’s company. Multi-language
support across 31 countries is in the pipeline, and executives plan to register more
than 1,000 games from around the world.

The eSportStars team says users also want to play games with highly skilled
professionals, enabling them to learn new tricks and receive coaching that will
improve their strategy. Over time, it’s hoped that the platform will become a pillar
of the sharing economy — specializing in games and offering a user interface where
like-minded individuals can compete. It’ll also give amateur gamers a chance to
receive recognition and notoriety for their talent.
Taking on YouTube
Another objective is attracting influencers — and wrestling away market share from
the likes of YouTube. In time, eSportStars hopes to offer talent contracts that will
enable content creators to earn a living without having to sacrifice a substantial
chunk of their fees to a tech giant.

Influencers will be paid using TimeCoin tokens — an Ethereum-based, native token


at the beating heart of the TimeCoinProtocol. This cryptocurrency serves as a
means of payment for goods and services in all of the DApps built on this network,
including eSportStars, creating a world where you can pay to play games with top
YouTubers one on one.

One area that’s aggressively being explored is the power of non-fungible tokens,
which have the potential to transform the world of gaming beyond recognition.
Until now, gamers had little ownership over the in-game items they purchased —
and these assets couldn’t be moved from game to game… or sold on to others.
NFTs can unlock all of these features and more — enabling eSportStars to serve as
a marketplace.

MORE INSIGHTS FROM TIMECOINPROTOCOL HERE

Fixing the sharing economy


According to the team behind TimeCoinProtocol, many of the best-known sharing
economy platforms — including Fiverr, Uber, Airbnb and WeWork — are broken.
Such platforms have established dominance in their respective sectors, meaning
that it’s hard for competitors to attract buyers and sellers.

TimeCoinProtocol aims to make it easy for developers and entrepreneurs to create


their very own sharing economy app or service — and it’s hoped that the continued
success of eSportStars will help contribute to the popularity of the wider platform.

Globalway, the company behind TimeCoinProtocol, is already behind the popular


ecosystem TimeTicket — a platform where people can buy and sell time in 30-
minute increments, sharing skills and exchanging knowledge. The vision is simple:
To ensure that individual potential can become someone’s value. TimeTicket
already boasts more than 450,000 users in its bustling marketplace, all of whom will
be given the opportunity to make the most of TimeCoinProtocol once it’s
transformed into a DApp.
TimeCoin is already listed on BitForex and is scheduled to be listed on BitMart on
March 24.

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