Decentralized gaming solutions provider CRYCASH has announced a public crowd sale event to start on December 12th, 2017 until January 15th next year. The independent firm intends to create a democratic ecosystem of custom-tailored products and services for gamers, fuelled exclusively by the CRYCASH token, predicted to introduce cryptocurrency to millions of online gamers and developers.
Having now confirmed its first partnership with video game developer and publisher Crytek, the CRYCASH token project will now benefit from the experience of Crytek’s immensely successful Crysis franchise and the legendary original FarCry.
CRYCASH will be the first cryptocurrency of its kind that meets all the diverse needs of gamers and game developers. Gamers already active on the Crytek suite of online games, beginning with the Warface Turkey title, will be able to use CRYCASH. Additionally, it will be integrated as one of the payment methods in the CRYENGINE Marketplace, with the CRYCASH platform used as an advertising service to bring in new generations of players to existing and future products.
CRYCASH CEO Wachtang Budagaschwili expressed the pride of being associated with such a reputable partner famed for their popular bestsellers, with the prime opportunity of presenting CRYCASH to a base of millions of active gamers:
"The gaming industry lacks effective tools for players to monetize their game time, collaborate and communicate. On the other side, game developers are also challenged by high customer acquisition costs and comparatively long time to market. CRYCASH solves these problems by introducing revolutionary custom-tailored products for players and developers."
Crytek Managing Director Faruk Yerli was equally pleased with the announcement, noting the impressive approach by the CRYCASH team in proposing innovations that will bring more value to gamers, while providing an opportunity to develop new players into its growing user base:
"Already several times Crytek has revolutionized video gaming industry with its award-winning products such as the original FarCry, Warface, Crysis Franchise, and Ryse: Son of Rome and that have been enjoyed by more than 50 million players around the world. Being a trendsetter in gaming, our strategy is to introduce the benefits of new technologies before they become mainstream. We’ve been looking into blockchain for a while now and, having reviewed various cooperation proposals, we finally chose CRYCASH as a technological partner."
The CRYCASH token sale starts soon, on December 12, 2017 at 19:00 UTC. It will continue for over a month, ending on January, 15, 2018, 18:59 UTC. CRYCASH tokens (CRC) are ERC-20 compliant assets based on the Ethereum blockchain. The total amount issued is kept hidden and will only be revealed if 70% of the CRYCASH cap is reached. Each CRC token will be sold at a base rate of 0.001 ETH.
Early participation will be rewarded with bonuses, depending on the timing. The bonus starts at 15% for the first 120 hours (five days) of the token sale, after which it will reduce by 1% every 24 hours until 18:59 UTC on December 31st, 2017. Significant contributions of at least 200 ETH will receive an additional 20% bonus on top of existing purchases and bonuses.
CRYCASH is a decentralized ecosystem of bespoke gamer products that consists of a dedicated mobile application for players’ communication and collaboration called Plink. It also has a wallet to store CRYCASH earned for completing game tasks; a virtual item trading marketplace; an eSports betting and events Cyber Sports platform; and an advertising platform for game developers. The CRYCASH solution utilizes the CRC token, with partner Crytek already poised to use CRC on its suite of games catering to millions of global players.
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