Cryptocurrency-Token
Crypto-token is a virtual currency-token, it is considered as a form of tradeable asset and is eminent for buying NFTs. Token can be created by using any sort of Blockchain. Here we will be using the Binance Smart Chain due to its swift transactions and low gas rate. The BSC?s networks and th
Project Title
Cryptocurrency-Token
Project Area of Specialization
Project Summary
Crypto-token is a virtual currency-token, it is considered as a form of tradeable asset and is eminent for buying NFTs. Token can be created by using any sort of Blockchain. Here we will be using the Binance Smart Chain due to its swift transactions and low gas rate.
The BSC’s networks and the algorithms it use are very secure. Apart from this it also tops in two such determining conditions comparatively to one of the best blockchain i.e. Etherium), the swift transection and low-cost gas rates.
The field of Blockchain Cryptocurrency and E-Gaming Industry is a booming industry with a lot of potential in it, connecting both the industry to benefit the E-Gaming industry using crypto-currency brings a lot of potential in this project to bring a positive change and innovation in the field of Computer science.
The project aims to develop a crypto-currency token for E-Gaming industry where the developers and the players can generate the revenue using the crypto-currency tokens. If the project went successful it will be the first Pakistani gaming crypto-currency token, which will provide a medium of exchange for both gamers and the game development companies. Which they can use to generate revenue for themselves and provide value to the platform too.
Project Objectives
The objective of the project is to successfully develop a crypto-currency token and launch it on a decentralized exchange worldwide using “binance smart chain” as a base block chain network. The project mainly Targets the gaming industry to provide the players and the game developers to generate revenue using Crypto-Currency Tokens developed in this project. The target to achieve during this project is to successfully develop and deploy the crypto-currency token live on a decentralized exchange worldwide.The project aims to develop a crypto-currency token for E-Gaming industry where the developers and the players can generate the revenue using the crypto-currency tokens. If the project went successful it will be the first Pakistani gaming crypto-currency token, which will provide a medium of exchange for both gamers and the game development companies. Which they can use to generate revenue for themselves and provide value to the platform too.
Project Implementation Method
Our project is divided into three phases.
In first phase we have installed the hardware devices it included the graphic card for more hashrate so our computing speed could be faster it will help to enhance the transection speed aswell. It will also help us to generate the gas fee of our cryopocurrency token.
In the second phase, firstly we will create our decentralized wallet and then we will start working(coding) on the cryptocurruncy token using the Binance Smart Contract's standard i.e BEP-20. And for testing we will need a dummy token from Binance Faucet to check the coin's working and compatibility.
After completion of first two phases we will move to the last phase where we will create a 3D website to explain the introduction, working and the road map of our project.
Benefits of the Project
The field of Blockchain Cryptocurrency and E-Gaming Industry is a booming industry with a lot of potential in it, connecting both the industry to benefit the E-Gaming industry using crypto-currency brings a lot of potential in this project to bring a positive change and innovation in the field of Computer science.
- Provide people the way to earn money.
- Play toearn platform to benifits the gaming industry.
- Will Inscrease the IT export of Pakistan through blockchain and Crypto technology.
- Save and secure way of transaction.
- Rent out your spare hard drive space to the cloud to earn money.
- First Pakistani gaming token to be launched and later linking it to the metaverse.
Technical Details of Final Deliverable
We will create our decentralized wallet and then we will start working(coding) on the cryptocurruncy token using the Binance Smart Contract's standard i.e BEP-20 on Remix IDE.
For testing we will need a dummy token from Binance Faucet to check the coin's working and compatibility.
we have installed the hardware devices it includes the graphic card i.e. RTX 2060 with the hash rate of 60mh/s.
It will also help us to generate the gas fee of our cryopocurrency token.
Final Deliverable of the Project
Core Industry
Other Industries
Core Technology
Other Technologies
Sustainable Development Goals
Required Resources
| Item Name | Type | No. of Units | Per Unit Cost (in Rs) | Total (in Rs) |
|---|---|---|---|---|
| Rtx 2060 | Equipment | 1 | 40000 | 40000 |
| motherboard | Equipment | 1 | 15000 | 15000 |
| power supply | Equipment | 1 | 6000 | 6000 |
| LCD | Equipment | 1 | 2000 | 2000 |
| mouse and keyboard | Equipment | 1 | 1000 | 1000 |
| risers | Equipment | 2 | 1000 | 2000 |
| ram | Equipment | 1 | 1000 | 1000 |
| ssd | Equipment | 1 | 3000 | 3000 |
| electricity bills | Miscellaneous | 5 | 1000 | 5000 |
| domain purchase | Miscellaneous | 1 | 2500 | 2500 |
| hosting purchase | Miscellaneous | 1 | 2500 | 2500 |
| Total in (Rs) | 80000 |
If you need this project, please contact me on contact@adikhanofficial.com
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