Breakout Coin Closes Crowdsale, Successfully Raises 700 BTC

Breakout Coin, branded as “the world’s first ‘multicurrency’ payment system,” has ended its crowdfunding campaign, successfully raising over 700 bitcoins, close to $450,000 as of press time.

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The crowdsale began on June 13, 2016 and ran until July 7, offering a 25 percent bonus for people who bought Breakout Coins (BRK) within the first hour of the sale. This offer was followed by another 15 percent bonus for the entire first week of the crowdsale.

The Breakout Coin team says that these two offers helped “skyrocket early coin sales.”

BRK is the token powering the Breakout Chain, a blockchain program dedicated to gaming. The project boasts a “diverse team consisting of gaming and cryptocurrency experts,” as well as people with experience in the professional gambling industry.

The project has launched a free-to-play poker website open to players from around the world, with winnings paid out in BRK. Breakout Gaming is also planning on launching an eSports site on July 15, and a “full digital game store” in August.

“We’re delighted by the community’s response acknowledging the bright future for a secure blockchain token for online gaming,” says Breakout Coin co-founder Paul Kim. “We’re eager to continue building momentum throughout the duration of the crowdsale.”

In addition to BRK, the Breakout team administers Breakout Stake and SisterCoin, which are associated with the BRK crowdsale and BRK miners.

The team is also working on a smart contract project, developing what they call a “permissive smart contract,” This type of contract is supposed to “mirror the workings of traditional contracts more closely” by refraining from executing contracts, and “instead act to mediate the transactions performed by users of Breakout Chain.”

Read more about permissive smart contracts in this white paper: http://wp.breakoutcoin.com/

About Breakout Coin

Breakout Coin (BRK), Breakout Stake (BRX) and Sister Coin (SIS) are tokens that work together to power Breakout Chain, the industry’s first multicurrency blockchain for gaming industry payments and rewards. Breakout Coin is created and maintained by Breakout Services, Limitada, a Costa Rican LLC, and it operates independently of the regulated poker and casino gaming sites operating by Breakout Gaming, which accepts the tokens for gaming.

To learn more, please visit: www.breakoutcoin.com

For more information on the crowdsale, please visit: www.breakoutcoin.com/coinsale

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Images courtesy of Breakout Gaming.