Cloid — the world's first blockchain-based cloud gaming streaming platform to implement the Stream-To-Earn (STE) mechanism.
Description of the Cloid site
CLOID introduces an innovative GameFi concept that allows users to earn rewards for game streaming. To properly enjoy GameFi CLOID elements, users must first visit the In-App Marketplace. Next, they should select the game controller, required to use the . The user can use the filter tool to find their preferred controller type.
Usage features:
| 1. | Users need one of four types of game controllers to join it. There are five different controller qualities and four different attributes. Users can use CRT/CGT tokens to customize their controller's attribute points. |
| 2. | The controller's energy is indicated on its battery. The battery is automatically charged by 25% every 6 hours. Users can use CRT/CGT tokens to purchase more controllers and increase battery life. |
| 3. | Owners (NFTs) can use two of their own controllers and CGT/CRT tokens to create a box, containing the new controller. |
In-App Market — a place to trade NFT in-game items. Users can trade them with various game items on the In-App Market, which is very important for GameFi. Users can store purchased NFTs in their personal wallets. If necessary, users can turn the game items they play with into NFTs and register them on the In-App Market.
Communities will eventually own and manage a decentralized ecosystem, based on a robust and dynamic token economy. CLOID runs on a cloud server, which is an optimized hybrid configuration of ARM, X86 and Bare Metal, which provides cloud service resources to support the CLOID ecosystem. Virtual server for smartphones communicates with the user's device through the streaming function. Access to the site through browsers is possible on almost all devices.
Project tokens
CLOID is building a token economy with CRT (CLОID REWARD TOKEN) and CGT (CLОID GOVERNANCE TOKEN). CRT tokens have no issuance limits and have different burn mechanisms than CGT tokens. CGT tokens are governance tokens, used and redeemed for in-app/app store purchases, Stream & Earn, staking, governance and burning. Users can buy CLOID tokens on exchanges. In addition, CLOID tokens can be obtained as a reward for contributing to the ecosystem or other various actions within CLOID.
The token holders are not only allowed to participate in the ecosystem, but they are also given the opportunity to participate in various activities and receive rewards from the ecosystem. Based on this process, the ecosystem and platform will continuously expand, and a variety of game content will be easily consumed, leading to a virtuous cycle for CLOID tokens.