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Vik Bogdanov

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  1. As DMarket platform development continues, we would like to share a few case studies regarding the newest functionality on the platform. With these case studies we would like to illuminate our development process, user requirements gathering and analysis, and much more. The first case study we’re going to share is “DMarket Wallet Development”: how, when and why we decided to implement functionality which improved virtual items and DMarket Coins collection and transfer. DMarket cares about every user, no matter how big or small the user group is. And that’s why we recently updated our virtual item purchase rules, bringing a brand new “DMarket Wallet” feature to our users. So let’s take a retrospective look and find out what challenges were brought to the DMarket team within this feature and how these challenges were met. DMarket and Blockchain Virtual Items Trading Rules Within the first major release of the DMarket platform, we provided you with a wide range of possibilities and options, assuring Steam account connection within user profile, confirmation of account and device ownership via email for enhanced security, DMarket Coins, and DMarket Tokens exchanging, transactions with intermediaries on blockchain within our very own Blockchain system called “Blockchain Explorer”. And well, regarding Blockchain... While it has totally proved itself as a working solution, we were having some issues with malefactors, as many of you may already know. DMarket specialists conducted an investigation, which resulted in a perfect solution: we found out that a few users created bots to buy our Founder’s Mark, a limited special edition memorabilia to commemorate the launch of the platform, for lower prices and then sell them at higher prices. Sure thing, there was no chance left for regular users. A month ago we fixed the issue, to our great relief. We received real feedback from the community, a real proof-of-concept. The whole DMarket ecosystem turned out to be truly resilient, proving all our detractors wrong. And while we’ve got proof, we also studied how users feel about platform UX since blockchain requires additional efforts when buying or selling an item. With our first release of the Demo platform, we let users sign transactions with a private key from their wallet. In terms of user experience, that practice wasn’t too good. Just think about it: you should enter the private key each time you want to buy or sell something. Every transaction required a lot of actions from the user’s side, which is unacceptable for a great and user-friendly product like ours. That’s why we decided to move from that approach, and create a single unified “wallet” on the DMarket side in order to store all the DMarket Coins and virtual items on our side and let users buy or sell stuff with a few clicks instead of the previous lengthy process. In other words, every user received a public key which serves as a destination address, while private keys were held on the DMarket side in order to avoid transaction signing each time something is traded. This improved usability, and most of our users were satisfied with the update. But not all of them... You Can’t Make Everyone Happy….. Can You? By removing the transaction signing requirement we made most of our users happy. Of course, within a large number of happy people, we can always find those who are worried about owning a public key wallet. When you don’t own a public key, it may disturb you a little bit. Sure, DMarket is a trusted company, but there are people who can’t trust even themselves sometimes. So what were we gonna do? Ignore them? Roll back to the previous way of buying virtual items and coins? No! We decided to go the other way. Within the briefest timeline, the DMarket team decided on providing a completely new feature on Blockchain Explorer — wallet creation functionality. With this functionality, you can create a wallet with 2 clicks, getting both private and public keys and therefore ensuring your items’ and coins’ safety. Basically, we separated wallets on the marketplace and wallets on our Blockchain in order to keep great UX and reassure a small part of users with a needed option to keep everything in a separate wallet. You can go shopping on DMarket with no additional effort of signing every transaction, and at the same time, you are free to transfer all the goods to your very own wallet anytime you feel the need. Isn’t it cool? Outcome After implementation of a separate DMarket wallet creation feature, we killed two birds with one stone and made everyone satisfied. Though it wasn’t too easy since we had a very limited amount of time. So if you need it, you can try it. Moreover, the creation of DMarket wallet within Blockchain Explorer will let you manage your wallet even on mobile devices because with downloading private and public keys you also get a 12-word mnemonic phrase to restore your wallet on any mobile device, from smartphone to tablet. Wow, but that’s another story — a story about DMarket Wallet application which has recently become available for Android users in the Google Play. Stay tuned for more case studies and don't forget to check out our website and gain firsthand experience with in-game items trading!
  2. Vik Bogdanov

    DMarket

    We're the first and only blockchain-based cross-game marketplace that turns virtual items into real assets. Over 2.3 billion people play games every day on different platforms and devices. The gaming industry reached $107 billion of revenue in 2017 and is booming. Only around 4,000 pro gamers are making profits out of their time spent in-game and pursued skills. Just a couple of games with 6% audience already have a turnover close to $4 billion trading in-game items. At the very same moment, 94% of gamers are not involved in global trading at all. We've built a global decentralized marketplace that enables gamers to trade their in-game items in just one click, safely and transparently, and that provides new sustainable sources of revenue for game dev companies, big and small. We're about to unlock a new gaming economy worth of over $450 billion. Jump fast on the blockchain train with DMarket!
  3. Vik Bogdanov

    DMarket Releases Product Version 2.0 Beta

    DMarket, the world’s first and only working marketplace on blockchain for in-game items trading, today announced the release of its product version 2.0 Beta. One of the key features of v2.0 is Steam integration. It allows users to trade and exchange Steam-stored in-game items on DMarket, providing a whole new model of assets monetization. The annual turnover of in-game assets trading is over $10 billion, and it has the potential to reach $450 billion. The average monthly trading volume of skins globally exceeds 60 million items. DMarket v2.0 also features an upgraded version of the Blockchain Explorer that has been supplemented with a cold wallet functionality for enhanced user security. The company launched version 1.0 of its marketplace in October 2017. DMarket Founder’s Mark, a unique piece of memorabilia commemorating the marketplace launch, has already risen in price from a few cents to thousands of dollars. To date, the trading volume of DMarket Founder’s Mark is 486,000 DMC. Most recently, DMarket signed a partnership agreement with Unity Technologies, the world’s most widely-used real-time 3D development platform. This will allow any Unity-based game to easily plug into the DMarket API and integrate in-game items into DMarket blockchain for trading and exchange. Under the agreement, DMarket will build a custom SDK for Unity games integration that will be officially certified by Unity and presented and supported in the Unity Asset Store. About DMarket DMarket is the world’s first and only working blockchain-based marketplace for trading in-game items and turning them into real assets. To learn more or test DMarket in action, check out dmarket.com View full story
  4. Vik Bogdanov

    DMarket Releases Product Version 2.0 Beta

    DMarket, the world’s first and only working marketplace on blockchain for in-game items trading, today announced the release of its product version 2.0 Beta. One of the key features of v2.0 is Steam integration. It allows users to trade and exchange Steam-stored in-game items on DMarket, providing a whole new model of assets monetization. The annual turnover of in-game assets trading is over $10 billion, and it has the potential to reach $450 billion. The average monthly trading volume of skins globally exceeds 60 million items. DMarket v2.0 also features an upgraded version of the Blockchain Explorer that has been supplemented with a cold wallet functionality for enhanced user security. The company launched version 1.0 of its marketplace in October 2017. DMarket Founder’s Mark, a unique piece of memorabilia commemorating the marketplace launch, has already risen in price from a few cents to thousands of dollars. To date, the trading volume of DMarket Founder’s Mark is 486,000 DMC. Most recently, DMarket signed a partnership agreement with Unity Technologies, the world’s most widely-used real-time 3D development platform. This will allow any Unity-based game to easily plug into the DMarket API and integrate in-game items into DMarket blockchain for trading and exchange. Under the agreement, DMarket will build a custom SDK for Unity games integration that will be officially certified by Unity and presented and supported in the Unity Asset Store. About DMarket DMarket is the world’s first and only working blockchain-based marketplace for trading in-game items and turning them into real assets. To learn more or test DMarket in action, check out dmarket.com
  5. until
    The panel will take place at GDC conference on March 22 from 11:30 am till 12:30 pm in Sponsored Session Theater, South Hall. The main topic of the discussion is how blockchain and cryptocurrencies will help game developers generate additional revenue by transferring the ownership of the virtual items to gamers. Anyone interested in blockchain is eligible to attend! We look forward to meeting you at GDC and are excited about opportunities this event will bring. What's in it for you? Take a firsthand look at blockchain and how gaming is already taking advantage of this technology Have a better understanding of how blockchain works together with non-blockchain (traditional) solutions in gaming; Find out how blockchain complements or adds value to existing business models in gaming; Get answers to your most burning questions about blockchain and whether or not gaming needs it at all For more details, please visit GDC website.
  6. DMarket, the world’s first blockchain-based marketplace for trading in-game items, announced today a partnership with Unity Technologies, creator of the world’s most widely-used real-time 3D development platform. The partnership allows any Unity-based game to easily connect to DMarket blockchain and make in-game assets available for virtual trading and exchange. The partnership also makes it possible for gamers to connect their game account to DMarket, create their assets inventory on DMarket and start trading, while keeping track of all relevant transactions. DMarket’s API is a ready-to-use solution for giving value to any digital item — whether it is armor, sword, gems, or other items — as well as item monetization. It enables any Unity game to generate in-game items on DMarket blockchain, withdraw them to a user account on DMarket, and migrate them back to the game. Gamers can manage items and withdraw them from game account to DMarket without leaving the game. Games and experiences made with Unity have reached more than 3 billion devices worldwide in 2017 and were installed more than 20 billion times in the last 12 months. About DMarket DMarket is the first and only blockchain project in gaming with a live 1.0 version of the marketplace and blockchain. DMarket aims to unlock a new gaming economy cluster worth of over $450 billion and make virtual items trading available for more than 2.3 billion gamers worldwide. See more at www.dmarket.com About Unity Technologies Unity Technologies is the creator of real-time development platform used to create rich interactive 2D, 3D, VR and AR experiences. Unity’s powerful graphics engine and full-featured editor serve as the foundation to develop beautiful games or apps and easily bring them to multiple platforms: mobile devices, home entertainment systems, personal computers, and embedded systems. Unity Technologies serves millions of registered developers including large publishers, indie studios, students and hobbyists around the globe. For more information, visit www.unity3d.com
  7. DMarket, the world’s first blockchain-based marketplace for trading in-game items, announced today a partnership with Unity Technologies, creator of the world’s most widely-used real-time 3D development platform. The partnership allows any Unity-based game to easily connect to DMarket blockchain and make in-game assets available for virtual trading and exchange. The partnership also makes it possible for gamers to connect their game account to DMarket, create their assets inventory on DMarket and start trading, while keeping track of all relevant transactions. DMarket’s API is a ready-to-use solution for giving value to any digital item — whether it is armor, sword, gems, or other items — as well as item monetization. It enables any Unity game to generate in-game items on DMarket blockchain, withdraw them to a user account on DMarket, and migrate them back to the game. Gamers can manage items and withdraw them from game account to DMarket without leaving the game. Games and experiences made with Unity have reached more than 3 billion devices worldwide in 2017 and were installed more than 20 billion times in the last 12 months. About DMarket DMarket is the first and only blockchain project in gaming with a live 1.0 version of the marketplace and blockchain. DMarket aims to unlock a new gaming economy cluster worth of over $450 billion and make virtual items trading available for more than 2.3 billion gamers worldwide. See more at www.dmarket.com About Unity Technologies Unity Technologies is the creator of real-time development platform used to create rich interactive 2D, 3D, VR and AR experiences. Unity’s powerful graphics engine and full-featured editor serve as the foundation to develop beautiful games or apps and easily bring them to multiple platforms: mobile devices, home entertainment systems, personal computers, and embedded systems. Unity Technologies serves millions of registered developers including large publishers, indie studios, students and hobbyists around the globe. For more information, visit www.unity3d.com View full story
  8. Vik Bogdanov

    DMarket

    Album for DMarket
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