In simple terms HTML5 is the programming language which the World Wide Web is written in is known as HTML, and HTML5 is the latest version of it. However, to enhance user experience and introduce other useful functionalities, programmers are introducing other languages like CSS3 and JavaScript into the original HTML Language, and this forms part of the current reference to HTML5.

By the end of 2017, the range of HTML 5 game players combating nearly 50 percent of the full number of worldwide mobile phones users, a full market value reached over ten Billion USD, is hoped to reach over 100 Billion USD in 2025. True given the quick progress of the HTML 5 gaming line, the progress and publishing of HTML 5 games remain quite hard.

• Lack of worldwide payment system this makes the payment procedure incurring needless risks from the credit-card.

• There’s no good result for storing user's digital assets, Users don’t have actual ownership of virtual assets when these assets are saved on the platform’s server.

• There’re no proper solutions to "attract" the flow of passage from the game sensibly.

• There’s no reasonable tool to protect the copyrights of HTML5 creations.

• Lack of inducement for game creators to develop top quality products.

The EGRETIA project goals to address these problems by creating game engine (a tool that’s written to made and develop games, easily because it’s an interactive middleware for a lot of apps. In the similar system jointly) first on the modern block-chain tech, EGRETIA’s new tech allows 200k developers and more than one Billion phones linked to the EGRETIA blockchain.

Offering solutions for 2D and 3D engines, the DragonBones animation tool and the Egret visual IDE for programming, They are world leaders in open source HTML5 technologies.

They are the hosts of games like Catch the crazy cat, which made history by attracting 100 million users in three days.

Other games hosted by them include Yugong Yishan, "Legend is coming" and "Legendary world".

Components of EGRETIA

It’s expected that EGRETIA will create and run its own block-chain network as-well-as integrate with other block chain techs such as ETH and EOS. Some major functions of the EGRETIA platform:

• Speed: over 2000 TPS

• Protocol Consensus: DPOS is like Bit share, EOS.

• Flexible: simply to change the EGRETIA network configuration like block making time, block volume, deal fees via voting.

• Effectual development toolkit: Supports several languages Java script, type scrip, CSS, HTML, Node.JS, C ++, Go, C #.

Egretia Blockchain Lab

A collaboration between Egret Technology from China and their overseas partners, including Qualcomm, Adobe and Nvidia, is working on bringing all the capabilities of Egret Technology onto the blockchain.

The Egretia Blockchain Lab will be the World’s first HTML5 blockchain, and it will enable developers and users alike to have crypto wallets, enjoy smart contract technology, enhanced data security and also to engage in other things like trading virtual game assets, advertising etc.

By bringing an already existing 200,000 developers to the lab and encouraging other worldwide beta developers, the Lab is aiming to incorporate about 1 billion devices when it is fully operational.

Their roadmap begins in the second quarter of 2018 and will see rapid deployment of all the necessary technologies.

How big can this get?

Going by the figures presented earlier, it is safe to estimate that an annual 10% growth in the gaming industry will bring the revenues to around $158 billion by 2022.

And already Egret Technology controls a huge percentage of this.

HTML5 is the best technology for gaming, and Egret is already in partnership Microsoft, Google, Adobe, Firefox, Intel and Facebook.

When they hit the decentralized market, anyone with the capability of building a gaming application will be sure to benefit from the Egretia open source platform and put their game out there.

Project evolution:

• The scheme is aiming at latent game growth market with a development rate of over 10 percent a year. The expected income of the HTML 5 game team will reach 100 billion USD in the next ten year.

• The plan of the project is quite fine to solve the present problem of the game filed, developing the first block-chain game progress platform.

• The growth team and counseling team are skilled in the field of block-chain video games, technology used in huge companies such as NVIDIA (Graphics, Game Engine, QUALCOMM, and Adobe). In addition, the plan also got capital from a range of large payments such as Bit Angel. This partially confirms the viability of the plan. Particularly the consultative group has enormous influence in the line of digital money.

Final Thoughts

The Egret Blockchain Lab is the world’s first blockchain based HTML5 gaming platform.

With all the advantages of blockchain technology, including a unified crypto payment wallet, smart contract functionalities and increased security, the Egret Blockchain Lab is positioning itself to host the world’s widest gaming applications that are built on the latest technologies.

Their vision is to bring about 1 billion devices to their platform, with a developer base of more than 200k people.

Official sources:Official website: http://egretia.io/
White paper: http://egretia.io/static/Egretia_White_Paper_V1.0.pdf
Bitcointalk https://bitcointalk.org/index.php?topic=3212756
Twitter https: // twitter.com/Egretia_io
Facebook https://www.facebook.com/Egretia.io/
Linkedin https://www.linkedin.com/company/egretia/
T.me http://t.me/Egretia
Github https: //github.com/Egretia
Reddit https://www.reddit.com/r/Egretia/

wrote by - @eletro11
deepika.sajiwani888@gmail.com