Startup Aims to Bring Blockchain To 200,000 Developers And 1 Bln Gadgets

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Summary

Combined, HTML5 games already have an independent commercial profitability.”Is the HTML5 market set for growth?In 2017, the market size of HTML5 games in China exclusively exceeded 10 bln yuan - more than $157 mln - and continues to grow. A Singapore-based company Egretia is aiming to combine HTML5 - a technology to structure and present content online - with blockchain to create the world’s first HTML5 blockchain engine and platform. Egret Technology has been focusing on HTML5 for more than four years and currently has 200,000 developers across the globe. The new technology could increase blockchain apps popularity, Egretia team believes.New hardware upgrades and rapid development of the Internet were needed to prepare HTML5 for a mass adoption. Because of those characteristics, HTML5 games and apps can attract millions of users.

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A Singapore-based company Egretia is aiming to combine HTML5 - a technology to structure and present content online - with blockchain to create the world’s first HTML5 blockchain engine and platform. The new technology could increase blockchain apps popularity, Egretia team believes.

New hardware upgrades and rapid development of the Internet were needed to prepare HTML5 for a mass adoption. Now, when roadblocks as performance and traffic have been eliminated, the technology is widely used in games, marketing, video, media, and other industries.

Using the power of mobile social networking, HTML5 content has been applied in mobile apps and created entirely new business models. According to Egretia, click-and-play, viral transmission, user engagement, and other characteristics of an HTML5 game make it a perfect fit for current market demands.

“Currently, users of HTML5 games already account for 47 percent of all mobile game users,”...

Read the full article @ Coin Telegraph