READYgg (RDYX)

READYgg builds social gaming infrastructure for the Web3 creator economy. The READY game project creates mobile-first Web3 tools and technologies to democratize access to game creation. RGN aligns economic interests between developers, creators, and players to tailor a sustainable, long-term distributed gaming ecosystem.

There are two innovations that help to achieve this result:

• Layer3 Software as a Service (SaaS) experience for game developers, enabling them to implement all the necessary elements to bring games on-chain, without players having to exit the game at any point to complete their web3 onboarding. These solutions include Unity and Unreal SDKs to simplify developer integration with the blockchain. Details on the methods and parameters provided by READYgg’s SDK and Layer3 services can be found in the company’s technical documentation.
• Layer0 interoperability: Enabling complete “account abstraction” for players and publishers, so that game assets, player identities and inventories, can easily migrate between Layer1 and Layer2 blockchain providers, without any friction in the publisher or player game experience. This includes interoperability of smart contracts between blockchains.

READYgg's inherently mobile-focused tools and solutions lower the barriers to the adoption of blockchain-based games by the untapped "mobile gaming" demographic.

🎮 The RGN's use case and design emphasized characteristics that are naturally compatible with the Web 3 philosophy of a distributed, cross-platform, interoperable ecosystem of games. Notably, READYgg sought to address the core challenges faced by many development teams and studios:

• Managing Social Game Economies;
• Cross game interoperability;
• Enabling a User Generated Content marketplace (UGC);
• Rapid deployment of backend game services.

🤑 READYgg has its native $RDYX token. In particular, by implementing a utility token with governance rights associated with READYgg, many of READYgg's existing features become exponentially more effective in fulfilling its core mission of democratizing access to game creation and game content.

The design of $RDYX takes into account the interests of the ecosystem, emphasizing long-term growth, collaboration, and co-ownership:

• Fixed issuance: The total potential issuance of $RDYX is fixed at 1 billion tokens. Fixed issuance reduces the risk of inflation in the ecosystem.
• Governance rights: Through a staking mechanism, $RDYX holders receive the right to vote on issues germane to the future direction of the ecosystem.
• Rewarding early adoption: $RDYX can be strategically deployed in the first phase of ecosystem development, to reward devs (“dev to earn”), creators (“create to earn”) and players (“play to earn.”). $RDYX provides a potent method, combined with vesting, to encourage early building, and adoption, with an eye to long-term success.
• Supporting NFT minting at low cost and high scale: The utility of $RDYX  includes enabling all the stakeholders involved to manufacture game content with persistent, tradeable ownership rights, at lower cost and higher efficiency.
• Reducing friction in transactions: Both the cost- down to microtransactions- and the “trust” are improved using a utility token to ensure a “fair trade.” This coupled with effective software to handle the user experience of minting an object reduces a significant barrier to mainstream adoption of token-backed objects as something you can “own” and not just “consume.”
• Tracking ownership across games: Token-backed content can freely move across games, and creates alignment between developers, creators, and players to recognize ownership rights. For developers, who have ultimate control over their game(s), recognizing ownership generates an immediate economic benefit, by working to increase the overall “GDP” of the gaming ecosystem and their revenues: when players and creators are confident that the rights to their assets are being recognized, they are more likely to a) spend on the acquisition of items, and b) spend more on each item.

On July 3rd, 2024, it was announced that the READYgg Token Launch was coming soon on Coinlist. On July 10th, 2024, Coinlist announced the Purchase Period of READYgg Token Launch - July 10, 2024, 17:00 UTC - July 17, 2024, 17:00 UTC.

✅ READYgg’s pros:

• Token launch on Coinlist;
• Low Initial MarketCap / FDV rate (2.57%);
• Has reputable (Tier 1) backers and partners;
• The team has presented a clear roadmap;
• Great Growth Marketing performance;
• Above-the-average SMM coverage;
• Good PR performance;
• Not bad Search Engine Optimization;
• The team participates in multiple AMA sessions, interviews, and conferences.

📛 READYgg’s cons:

• Product Narrative is not so trending now; 
• 33.978% of tokens distributed for Token Sale;
• Relatively high Average Monthly Token Inflation rate (3.54%);
• Has no public Security Audits;
• Below-the-average Marketing Infrastructure;
• Influencer Marketing is absent.