What is Egretia?
Egretia (EGT) is the world’s first HTML5 blockchain platform with functionality designed specifically for blockchain developers, users, content publishers, and advertisers. Egretia’s goal is to launch a self-developed, proficient public blockchain based on a DPoS consensus mechanism that aims to optimize the performance of HTML5 gaming. Through its blockchain interface layer which combines Egret engine tools, developers can quickly create blockchain-based games and DApps. This serves to help speed up the development of games that are not only based on HTML5 but the blockchain as well.
History of Egretia
Egretia was designed and launched by Egret Technology, which has been focusing on HTML5 for more than four years, and is currently comprised of a network of 200,000 developers across the globe. The content designed by Egret’s solutions is used on approximately 1 billion mobile devices. The Egretia ICO was conducted in May 2018, and reached its hard cap in a single day. In the ICO, over $4.8 million was raised. The project received favorable press coverage upon its launch. The EGT market cap managed to grow 100 fold between the months of April and July 2019 thanks to news of a successful platform launch, placing it firmly in the top 50 coins by market cap, and making it one of the most popular projects of 2019.
How Egretia Works
The Egretia platform includes a blockchain-based development workflow, four core platforms and an incubator, designed to provide comprehensive blockchain solutions and services for game players, content-providers, as well as channels and advertisers, all while facilitating a complete ecosystem. Egretia uses a Delegated Proof of Stake (DPoS) consensus algorithm, similar to that of the one first implemented by Bitshares. This type of algorithm serves to decentralize control of the project while enfranchising the coin holders with the power to choose node delegates, and allocates voting power based on each individual’s amount of holdings.
As a blockchain platform for the development of HTML5 game development, Egretia poses several advantages over other gaming-related blockchain projects. In addition to being the first project to truly connect the bridge between DApp-based games and HTML5, some other advantages include:
- Modularization of blockchain functions. Certain functions of the blockchain can be coded into a way that they can be integrated into the Egret Engine, allowing for their use by front-end development tools, of which are already being used by some 200,000 developers.
- Integration of blockchain technology into backend service logic. This allows Egretia node servers around the world to provide access to HTML5 products with fast communication solutions and trusted smart contract server logic.
- Development suite. The Egretia developer’s toolkit includes thorough documentation and a pre-existing community of developers, allowing for the provision of a complete and accessible developer ecosystem.