BitGuild Raises $20 Million in Under Six Hours Through ICO

BitGuild Raises $20 Million in Under Six Hours Through ICO - Decentralised gaming platform BitGuild has raised more than $20 million in under six hours via its initial coin offering. The platform, which uses blockchain technology to give players ownership over their digital in-game items, was revealed just last week.

Visit BitGuild website: https://www.bitguild.io/

As reported by VentureBeat, BitGuild has sold more than 75% of its tokens - known as PLAT - through its public sale. In total, ten billion PLAT coins have been made available.

"The BitGuild token sale indicates a strong public interest and we are extremely excited that it is supported by both leaders of the blockchain and gaming industry all over the world," said BitGuild founder Jared Psigoda.

"In the grand scheme, gaming is still a young industry and giving gamers another level of pride and ownership of their in-game accomplishments is something we're very passionate about."

The successful ICO comes just days after BitGuild announced a partnership with Tron, a decentralised entertainment platform based on blockchain technology. The partnership will see BitGuild provide unique, limited edition in-game content for Tron users.


BitGuild Mission

BitGuild’s mission is to revolutionize the global gaming industry by creating a platform for a brand new class of games that live on the blockchain. Blockchain games completely redefine the relationship between players and developers by facilitating full and true ownership of in-game assets, cheap & safe item trading, cross-game compatibility of items & currency, and more.


BitGuild Aims

BitGuild aims to host the best blockchain games and the largest blockchain gamer community online.

Games

All games utilize smart contract technology, accept PLAT, and feature tokenized game items that are player-owned and tradeable.

Marketplace

Virtual assets created on the BitGuild platform can be bought and sold for PLAT on the Auction House. Auctions are decentralized and built using smart contracts.

Transactions

Players can easily buy games, PLAT, and content with no added costs. Devs avoid hidden fees, fraud, and receive quick payments.

Community

The community provides a place that fosters player-to-player and player-to-developer interaction. The goal is to create the largest international gaming community in the world.

Design House

Developers will be able to crowdsource game funding, game design, and game content transparently by utilizing PLAT.

Wallet

Unlike traditional cryptocurrency wallets, BitGuild's wallet allows for the display of non-fungible tokens (such as game items and equipment).

Roadmap

2018 Q1
» Token Sale.
» Initial Platform Development.
» BitGuild (the game) design complete.

2018 Q2
» BitGuild.com official launch.
» BitGuild.com community functionality launch.
» BitGuild (the game) beta launch.

2018 Q3
» BitGuild (the game) official launch.
» BitGuild wallet launch.
» BitGuild marketplace launch.
» BitGuild.com platform opens to 3rd party developers.

2018 Q4
» Min 5-6 blockchain games launched on platform.
» Platform and all games localized into 5+ languages.
» BitGuild Design House beta launch.
» Migration to next-generation blockchain.

2019 Q1-Q2
» 10-12 blockchain games launched on platform.
» Platform and all games localized into 15+ languages.
» BitGuild Design House official launch.

2019 Q3-Q4
» 15-30 blockchain games launched on platform.

View the map of the site directly on the BitGuild website: https://www.bitguild.io/

Bitguild Team

Bitguild's team consists of cryptocurrency and gaming veterans with decades of experience building international large-scale gaming platforms and communities.

Conclusions & Official References

Well that's the explanation of the game platform project called BitGuild. BitGuild's intention is to "rewrite the foundations of how to play online video games" by ensuring that the characters, items, and in-game assets are truly unique and can be traded through the use of blockchain.

The idea and the determination is that making each unique and tradable item reinforces the players so they can have it and trade it as they wish, or even transfer it between games.

For more information about BitGuild, please visit some of the official references below:

» Website: https://www.bitguild.io/
» Ann Thread: https://bitcointalk.org/index.php?topic=3090005
» Whitepaper: https://www.bitguild.io/assets/bitguild-whitepaper-v0.72-en.pdf
» Twitter: https://twitter.com/BitGuildPLAT
» Telegram: https://t.me/joinchat/HtbMeE8YtEEDQExesDQgPg
» Author/Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1204015

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