The first global marketplace for trading in-game items, DMarket, has raised $10,9 millioninvestments during the token sale which has ended on August 21, 2017.
DMarket is based on blockchain technology and smart contracts. DMarket tokens will becomethe main currency for in-game economy. With DMarket tokens players from any game on anyplatform will be able to buy, sell, and exchange virtual items on the new marketplace.
The official DMarket token sale started on August 17, 2017, at noon (12:00 PM NYC Time,UTC-4).
35,9 million tokens ( including the bonuses) were acquired with the total reaching $11.97million. The exchange rate 1000 DMarket tokens for 1 ETH.
“ In fact, we have held a short test token sale to make sure there’s substantial demand for theproduct on the market. We were expecting to raise around $1 million and ended up with $10,9million. The main DMarket token sale will be held in November 2017, and we are predictingeven more hype with the launched alpha-version of the product and signed contracts withfamous publishers and game developers at hand .” said Volodymyr Panchenko , CEO andfounder of DMarket.
Currently, the project is supported by prominent game development studios as 4A Games(Metro 2033, Me tro: Last Light), GSC Game World (S.T.A.L.K.E.R, Cossacks series), TatemGames (Carnivores, Vivisector, Cryostatis), and t he Pantera Capital investment fund.Moreover, the company has been negotiating with dozens of major world publishers in orderto sign agreements in the recent future.
The company’s official advisory board consists of leaders in the gaming and blockchainindustries, as well as renowned investors. Oren Klaff ( managing director at IntersectionCapital), Brian Kerr (managing director at GL Ventures, founder and CEO of Fnatic Gear), MoLevin (founder of the Keynote Events , startup and blockchain expert), Igor Matsanyuk(chairman at Games Insight, ex-vice president at Mail.ru, founder at IMI.VC and Farminers),Denis Dovgopoliy ( founder of GrowthUP Group) , Evgeniy Grygorovych (project leader at GSCGame World) , Oleg Yavorsky (co-founder of Vostok Games), and Igor Karev (CEO at TatemGames) are among them.
The next “opportunity window” for investors will open in November 2017, during the secondmain phase of the DMarket token sale. The price will be 25% higher compared to the firstphase (750 Tokens for 1 ETH). The company is not planning to hold an additional emission oftokens after the end of the second token sale.
DMarket will create new opportunities for trading virtual goods for gamers from all over theworld. Until now only 6% of 2.2 billion gamers have such a privilege.
The cumulative revenue of the gaming market reached $100 billion in 2016. It is estimatedthat this sum will amount to $128 billion in 2020.
About the DMarket Team
• Vladimir Panchenko is the founder and CEO of the DMarket. He is the #1 private merchantof computer games, with more than 15 million copies sold via eBay, G2A, and Kinguin in thepast five years. He is also the founder of SkinsCash, the second largest marketplace forin-game items trading (more than 12 million items sold in 2016).
• Alexander “ZeroGravity” Kokhanovsky is the co-founder of the project with 17 years ofexperience in eSports, and the founder of Na’Vi (Natus Vincere), one of the most popular andsuccessful eSports teams in the world. In 2016 he became a shareholder of ESForceHoldings, the third largest eSports establishment in the world with the total investmentsamounting to $100 million.
• Andrei Havrutchenko is the blockchain architect of the project with more than 26 years ofexperience in software development and four years of experience in cryptocurrencydevelopment. Andrei is the senior developer of the DASH cryptocurrency, which is included inthe list of top 10 world cryptocurrencies with the market capitalization of $1,4 billion.
Check additional info about the project at www.dmarket.io .