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Crypto games explained to the ICO investors

by ETH.TOWNMarch 19th, 2018

Too Long; Didn't Read

Dear Crypto Community,

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featured image - Crypto games explained to the ICO investors

Dear Crypto Community,

We understand that some of the folks who have noticed our project may not be familiar with blockchain-based games. Never reared a digital cat, or owned a digital country on the blockchain? No worries.

In truth, blockchain-based games are evolving into something new altogether that combines the fun elements of conventional gaming, the excitement of experiencing what blockchain interaction looks like, and exhilarating elements of trading & profit-making as well. ETH.TOWN, an Ethereum-based game with MetaMask support, will bring with it innovative gameplay development revolving around the purchase and sale of apartments and corporate offices in a crypto-business tower. The team believes the project has bits of what everyone is looking for, and we’ll illustrate on that just a bit more in this post.

Now, for instance, think of all the reasons you would participate in a “normal” ICO.

You feel that the concept behind the project is awesome, and getting some tokens enables you to be part of a fast-developing space.

Our Pitch: Gaming is fast becoming a HUGE industry in the world. Apps such as Pokemon Go and Candy Crush Saga bring in revenues of more than US$2 Million and US$1.5 Million DAILY. As mainstream blockchain adoption rises, blockchain gaming will see exponential growth as well.

The team has reiterated multiple times that we intend to be one of the prominent long-term players in this space, and we’ll do it by listening closely to our community. When we grow, we grow together!

You think that the team has the experience and ability to implement their project vision.

Our Pitch: The game is being developed by the On5 Games Development Studio — we’re a veteran mobile games developer who has worked with companies such as Samsung, Atari and EA. Look at our character designs on our twitter posts, for a quick example of the amount of attention we pay to QUALITY. Still don’t believe us? We’ll be inviting players for the Alpha soon — try it for yourself!

You’re in it for the Profits and the Thrill of the trade!

Our Pitch: A core part of ETH.TOWN gameplay revolves around TRADING — buying and selling characters and floor space. As our community grows, assets in the game would inherently gain in $, as folks increasingly value the functions that they provide. Broadly speaking, this is no different from getting some utility tokens from a service-provision ICO and waiting to re-sell as their user-base grows. And we’re confident our user-base will grow, with our swathe of events from now till June and our mobile version launch in June!

These game assets are rare digital collectibles in their own regard (just look at the artwork), but we’ve also incorporated important ETH.TOWN functions into them as well, which will further increase their demand. We’re selling/auctioning off some level-15 Star Heroes, level-9 characters and parts of the DAO Hacker’s floor on our website Presale right now.

The floor space in particular is already 76% sold! Pop by and see if anything catches your eye. 😊

More importantly, the ERC-20 compatible ETH.TOWN Investor Tokens (ETIT) play a big role in the game. Our previous posts on token mechanics outlines clearly how ETIT holders will be getting a share of the turnover from the trading volume on the platform. These tokens are rare in the sense that they can never be directly purchased from the game or developer, and are only awarded via certain channels, including early-day airdrops/bounty, gaming activity, Presale participation, and trading on EtherDelta or other exchanges.

As game trading volume grows, the Ether distribution pool will grow as well. Token supply in turn, will be kept in check by means of token spending on other valued in-game content (e.g., heroes). If you own any ETIT, sit back, relax, and watch the Ether profit streams come in.

Questions frequently asked by crypto investors.

What we are running is in-game item presale and not an ICO, but we have the answers nonetheless.

Tokens distribution cap on presale:200K ETITs

Tokens distribution:All tokens go to people who buy Heroes and Floors on presale, there is no direct way to purchase the tokens

Token status: utility token.

What will token holders get (according to the game mechanics):- a percentage of each ETH deal closed in the game (exact percentage depends on many factors for each deal);- tokens can be spent on in-game items and in-game actions, and some of those can be performed only with the tokens, not with Ether

Presale end:April 6

Will tokens be tradable:You can trade on EtherDelta, ForkDelta, IDEX. Listing requests are sent to exchanges.

Cheers :)