Ceden disrupts the Web2 gaming landscape
CEDEN Network is an open source infrastructure company that facilitates the creation and distribution of gaming, educational and creative applications in the metaverse era. CEDEN offers a content delivery network (CDN) solution that optimizes interactive entertainment delivery, reduces costs and minimizes the publisher’s ecological impact. CDN operates through an interconnected peer-to-peer (P2P) network of nonfungible token (NFT) nodes.
Leveraging artificial intelligence (AI), the P2P NFT nodes establish localized points of presence at the network edge to improve the efficiency of data communication. This will enable publishers to easily host and deliver content to their customer bases, allowing users to interact with each other at high resolution and speed while minimizing costs, inefficiencies and ecological footprints.
CEDEN plans to launch the first phase of its future-ready EDEN game engine as a beta service in Q3 of this year. EDEN enables developers to produce interactive entertainment that operates natively through a meta engine. This engine lowers the communication requirements for data distribution to the network edge. Furthermore, the meta engine uses parallelization, vectorization and multi-threading AI to access all available GPU and CPU computing power in a node cluster. Further development stages will facilitate communication between users at the edge of the network.
“Imagine a Game of Thrones-style battle charge, with a diverse group of thousands snaking their way on foot and on horseback as dragons fly overhead and spew fireballs…
Full film engagement can now be delivered via the EDEN Engine.”
– Michael Haller, Head of Games, CEDEN
CEDEN mint pass NFTs and Keystone NFT collection
The basis of the CEDEN NFT node network is the Keystone NFT Collection, which is scheduled to launch in Q3 2023. This will include 10,000 Keystone NFTs with cute beaver profile pictures and artistic elements that pay tribute to the history and nostalgia of the gaming industry.
CEDEN mint pass NFTs give holders a free coin of the Keystone NFT nodes. The mintage for the CEDEN coin passport NFTs is scheduled for March 29th for early adopters, followed by public minting on March 30th.
Coinpass holders will have exclusive, priority access to all future NFT coins that may occur within the EDEN engine’s content creation ecosystem.
CEDEN utility token (CDN)
The CEDEN utility token (CDN) enables a proof-of-stake (PoS) mechanism that allows node operators to offer network content delivery services and receive rewards. Node operators deposit a pre-defined total number of CDN tokens to mint a production NFT with a unique ID. Unique token IDs enable zero-knowledge secure identity for all participants in the NFT node network. Unique artwork for each NFT provides extra personalization for node operators.
Block and network rewards are shared between Keystone nodes (10%) and production nodes (90%). Participating nodes may earn rewards by using the minimum necessary hardware and software or leasing such services from CEDEN or another third-party provider.
There is no premine of the CDN utility token. The ecosystem is bootstrapped via an airdrop mechanic to the Keystone NFT nodes. These nodes will receive 10% of the CEDEN utility token supply as a daily airdrop reward over a four-year period.
The CEDEN team has exciting plans for 2023. CEDEN has partnered with LayerZero Labs to deploy its omnichain technology. CEDEN mint pass NFTs will feature as omnichain nonfungible tokens (ONFTs) on the Ethereum blockchain. Thanks to LayerZero’s interoperability protocol, which supports ONFT implementations, CEDEN mint passes, Keystone NFT nodes, and the CDN utility token can be transferred across chains, similar to projects like Lil Pudgys, Gh0stly Ghosts, and Kanpai Pandas. CEDEN’s technology can seamlessly transfer between chains or exist on multiple chains simultaneously, taking advantage of new and innovative opportunities, and leveraging leading zero-knowledge Ethereum Virtual Machine technology for its node network.
“As the ecosystem rolls out, aspects of our technology have very different needs than cannot be met by any currently available chain. We believe the future is chain-agnostic, and we have prepared for this. We are excited to work with LayerZero for to deliver an omnichain experience for our customers.”
– Alex Moody, CEO, CEDEN
CEDEN’s management team consists of top talents from both Web2 and Web3. They have partnered with strategic organizations such as FungWeiss DAO and Fork Ventures to accelerate growth. Alex Moody, CEO of CEDEN, has an entrepreneurial career spanning two decades, bridging the gap between traditional corporate business and the blockchain industry. Michael Haller, who serves as Head of Games, brings his expertise as a video game guru, having served as Vice President of Electronic Arts and CEO of Dreamworks Interactive and EA Japan. Julian Jordan serves as Chief Product Officer, Steven People as Creative Director, Jemma Xu as Head of Investor Relations, Terry Hilsberg as Chief Strategy Officer, Sook Hwang as Chief Marketing Officer, and Fogel as Head of Community. They have teamed up with a world-class advisory board to launch CEDEN this year.
Website: https://ceden.network
Twitter: https://twitter.com/ceden_network
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