Triforce Tokens Announces Main Token Sale, Innovate UK Audit

Oct 17, 2017 at 14:42 // News
UK-based tech company TriForce Tokens' online gaming solutions

“Imagine an interactive, collaborative gaming community that lets the players create and shape their own destiny and wealth. Imagine an analytical platform with deep player insights and new exciting revenue generation opportunities for game developers. Imagine generating a constant revenue stream just by playing the games you love”.  

It is not a fantasy, but this is the concept powering the development of UK-based tech company TriForce Tokens' online gaming solutions. The company aims to disrupt the multi-billion dollar online games industry through the development of the world’s first decentralized game development, enhancement, and distribution platform.

TriForce Tokens promises to deliver innovative and rapidly deployable blockchain-based tools for tournaments, P2P trading, peer ranking, anti-piracy protection, and the world's first honorary rewards system. The TriForce network will foster community collaboration between players, encouraging them to work together and reward one another across games and platforms.

Game development (especially the independent development industry) has been plagued by numerous problems from high production and publication costs, difficulties acquiring and retaining players, challenging revenue models, and player limitations.

TriForce Tokens will create a unified ecosystem bringing game developers together through the use of blockchain technology. It offers scalable solutions that facilitate revenue generation, reduces piracy and boosts player retention rates. By bridging the developer-player divide in the gaming industry, TriForce Tokens will spearhead the future of online gaming through decentralization.

Using a tokenized system, the platform will allow players trade with each other on a decentralized marketplace, earn rewards from competitive events, and be incentivized for non-toxic and helpful behaviors. Players can also compete with one another for rewards, with the developers working on the platform incentivizing such activities. All transactions are instant and seamless across multiple platforms.

TriForce Tokensale

To fund the development of the platform, TriForce Tokens had initiated a Pre-sale of its ERC-20 tokens from October 1st to October 15th, 2017. Participants were given 60% bonus on all their purchases.

The main ICO will commence on the 1st of November and end on the 16th of December 2017 with 50,000,000 TriForce Tokens (TFT) on offer. A soft cap has been set at $500,000, though the hard cap is yet to be revealed. However, the company has stated that if the ICO raises USD 5 million, it will offer 20% profit dividends back to investors to be paid in Ethereum by the end of each accounting year.

The crowdsale will not only fuel the development of the platform but also help the company establish key partnerships in the industry. TriForce Tokens has recognized the need for a multi-faceted approach to position itself as a leader in the online gaming industry. This is why the company has initiated an IP audit with the UK government’s innovation agency, Innovate UK. The audit will assess its technology and brand, helping to provide a stronger business focus to ensure maximum delivery. Innovate UK will work with TriForce Tokens to connect them with relevant partners through its innovation networks. 

TriForce Tokens has also partnered with Coventry University Enterprises Limited, home to the Serious Games Institute. The partnership will cement business support and synergy between both companies.

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