IOTA & Paracosm Platform
Paracosm Platform is a huge and innovative project for dedicated gamers and true dreamers. It’s based on the IOTA technology: we build a manageable cross-reality platform, where anyone can create his own game universe – his own paracosm.
Why do we use IOTA? The kind of platform we develop has a set of crucial requirements for the DRT, and IOTA is the only solution in the world at the moment to satisfy them all:
- Scalability. Thanks to IOTA feeless microtransactions we can scale the platform to any size and data transaction volume.
- Physical 2 Digital and vice versa data transactions – IoT. We create cross-reality games, which require the Internet of Things solution to deliver necessary data to each participant at every moment of time.
- Decentralization. We see Paracosm Platform as an open-source and decentralized platform without any specialized validators/miners – and this requires a technology with true decentralization. Unsurprisingly, IOTA is the one.
- Strategic threats prevention: quantum computer. We build a platform that will extend its existence far in the future. And we already think of major threats that may appear in 3-5-10 years. Quantum computer is a big potential threat to almost all existing DLT technologies, but not for IOTA!
In terms of Paracosm Platform value for the IOTA community, it stands for the following:
- Paracosm Platform will be the first project to adopt the final IOTA protocol.
- Huge USE CASE for IOTA distributed registry technology: Paracosm Platform will unite a big number of our own games and other products as well as products from our partners and 3rd parties.
- IOTA community engagement in the Paracosm Platform development. As an example, we’ll offer an opportunity for IOTA-members to provide/lease their nodes for the Paracosm Platform operation.
In brief, these are the major technical and ideological reasons, why IOTA is in the basement of the cross-reality future that we build with Paracosm Platform.