What is MOLD?
MOLD is a fair and secure distributed gaming platform that supports the development of new games and simplifies the transaction of valuable data such as in-game items, weapons and gears. MOLD uses tokens uniquely defined on Ethereum to allow in-game items, weapons and gears to circulate in the market without going through a third party. Unlike previous centralized game systems, game tokens used in MOLD are not owned by the game operator. Thus, a brand-new value to the data is given in the virtual space of games. With the advancement of technology and the development of mankind, this new value created in the virtual space becomes more realistic and offers the possibility of gradually bringing about great economic benefits.
In order to maintain fairness, MOLD allows transactions to be verified by the user, where flows of funds are visible to avoid counterfeit currency, repeated transfer and other fraudulent acts. Previous monetary systems are based on client-server network structure, and their centralized payment systems are vulnerable to hacking and other external attacks. Also, the system costs much as result of financial regulations and processing complexity. In a distributed monetary system with a P2P network structure, information will neither be kept in one place, nor does it depend on third parties, offering higher security and cost reduction.