Introduction
This documentation is intended to introduce new users to the $MOXY token design and to serve as reference material for more advanced users.
Welcome to Moxy, the First On-Demand eSports Platform powered by the Blockchain
Moxy revolutionizes the eSports market with the power of blockchain
While eSports is a $1bn+ market with 540m+ viewers, its participation is limited to professional players only; Moxy is the first and only eSports solution that liberates the scene and allows all gamers to host and join ad-hoc eSport tournaments with a stake in the game
With Moxy, Gamers can host and participate in tournaments of their favorite Web2 games (MOBA, FPS etc.) by paying entry fees and winning tournament prizes, redeemable to cash
With Moxy, Game Developers can have a plug & play eSports solution to acquire gamers and generate revenue by taking royalty from the tournament reward pools
Moxy uses the FLOW blockchain to ensure all tournament result is open and verifiable; the $MOXY token is created to facilitate tournament prize settlement, user engagement, and platform governance
This document aims to help new and existing Moxy users become familiar with the $MOXY token design and understand the rationale behind it.
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