Introducing the worlds fastest and reliable blockchain network for game developers , IGaming Platforms & Gamers.
MuGambo aspires to be the home of all gaming applications and aims to get employed on a broad scale in a variety of industries, including telecommunications, finance, logistics, and electric car provision, among others. The MuGambo Foundation plans to develop the MuGambo platform as well as a new Smart Contract-based ecosystem that will be available to all current and prospective MuGambo partner companies around the world.
MuGambo aims to address the following problems in Blockchain
Mugambo ledger is poised to achieve 20 million transactions per day, which is 15 times more than any ledger in the history of blockchain ledgers.
Existing blockchains require all nodes to verify and store a single block at a time, resulting in longer block creation times and block size constraints. As a result, performance will be restricted by the speed of each node, regardless of how many nodes are connected. The more transactions that need to be processed, the lower performance will be owing to network congestion.
When trading on the blockchain, there are a variety of costs. The block reward and transaction confirmation fees paid to block miners are two of the most important fees. These fees reward consensus players while also protecting the network from DDOS and staking attacks. MuGambo, on the other hand, argues that these fees are too high for a scalable and long-lasting blockchain with a healthy ecosystem of users and apps.
Blockchain can only use information stored i blocks to verify previous transactions, and the information held inside existing blockchains can only provide limited functionality. MuGambo feels that a function that controls historical information, as well as transactions within the block is important for blockchain technology to be fully used in the real world.
MuGambo’s goal is to provide for the safe storage and transfer of capital without the use of a traditional public institution or middleman
With MuGambo, the probability of hackers breaking through the system is zero due to the presence of cryptographic encryption protocols as part of the decentralization technology.
MuGambo platform’s users and gamers will have complete access over their in-game collectibles at any cost because the network is basically decentralized without any third-party control.
in MuGambo, the encryption protocols ensure that payments are made only over blockchain networks via cryptocurrencies. So, every transaction remains transparent,
gamers will be provided with the provision to trade the digital assets with fellow gamers and make earnings out of it with the support of the MuGambo platform.
The MuGambo platform adopts an inflationary model to expand the ecosystem. MuGambo anticipates that there will be initially a 5% annual inflation rate that decreases as more users join the network
Features that make MuGambo different from other Traditional and Gaming Block Chains
Encrypted by blockchain technologycryptographic encryption protocols.
In-game rewards are collected in the form of NFTs and can be sent to external apps.
Nobody holds ownership over any component of the game. It’s decentralized and governed by the community.
In-built secure payment gateways facilitate safe transactions while purchasing in-game NFT collectibles.
Earned rewards can be transferred across to gamers personal decentralized wallets easily.
MuGambo possesses an in-built counterattacking system to prevent Sybil attack, Parasite Chain attack, and transaction flooding.
Since it’s a decentralized system, changes are hardly made, and if so, they remain transparent to the common masses.
The speed with which you make in-game payments and access the game itself is phenomenal as it’s uploaded on a blockchain network
MuGambo is expected to reach 20Million transactions per day within the first year of its launch.
May 20,2021 (10:00 GMT)
May 20,2021 (10:00 GMT)
900,000 ICC (9%)
1 ETH = 650 ICC, 1 BTC = 1940 ICC
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