Video games are exploding in popularity. As reported on Statista, the online gaming industry shows a total revenue projected to surpass $90 billion by 2020. However, now, blockchain technology is adding a new dimension to how value can be unlocked within the gaming industry.
For Investors, Gamers, and Developers
Game Machine is a new blockchain-powered platform in development for the online gaming industry. Headquartered in Estonia, the Game Machine project was launched in 2013. It is backed by a strong leadership team and advisory board that has worked in partnership with the gaming industry and strong legal bodies.
From the investor point of view, the project offers the opportunity to make simple and safe contributions to game projects. Investors will get access to the crowdfunding platform with analytics and user interest ratings from all participating gamers. Investors will be invitated to the special club with exclusive big discounts and sales for the majority of crowd sales from crowdfunding platform. Top-tier investors will be able to get a part of all tokens, released by every project.
Already, the Game Machine network has integrated eight games such as CS:GO, Dota2 and WoT with more than 300 in-game goods available. In addition, mining applications give individuals the ability to mine Game Machine’s token and purchase in-game items.
The platform’s value proposition is tied to its fundamental relationship with the gaming industry which includes, first and foremost, the needs of gamers.
Utilizing “"Security of Game Machine is provided by the combination of Proof-of-Stake and Proof-of-Authority principles. Later the team is planning to use neural networks and AI for a liquidation of fraud.”
There are different problems in the market, which can be solved in the short-term. Right now players are not willing to buy in-game items and look at most ICOs with caution. From the developers’ standpoint, it’s difficult to attract a mass audience, as well as convince players to buy their product. And investors are spending a lot of resources for analyzing the market for a worthy project. CEO of Game Machine, Taras Dovgal, explains how the project is aiming to help everyone:
“With Game Machine players will have a built-in feature to extract internal cryptocurrency and invest it in other products,” said CEO of Game Machine, Taras Dovgal. “Developers will able to access the entire gaming community and directly interact with their customers. For investors, it will be easier to find a promising game and maintain it inside unified financial and technological system.”
Crowd Sale In Progress
Game Machine’s crowd sale launched on December 14, 2017 and already raised more than 1.5 million USD. It intends to appeal to three different classes of investors of the new gaming movement. These investors are:
- Those with investment monies of 1 ETH to 2.99 ETH interested in investing in reliable gaming projects at an early stage
- Those with monies of 3 ETH to 9.99 ETH, which qualifies them to become a member of the investors club. A participant at this level is eligible for significant discounts on a majority of products during crowdsales.
- An investment of 10 ETH or more qualifies a participant for a bonus of up to 10 percent on all tokens released via the Game Machine platform.
With the burgeoning interest in the Game Machine platform, along with the diverse team of professionals running it, the company is well-positioned to make a strategic dent on the forever evolving, global gaming industry.