Press releases Singapore-Based eSports Platform Bountie Is Launching Their ICO in April 2018 to Enable Gamers to Monetize Their Hobby with Bountie Tokens
Bitcoinist | Apr 09, 2018 | 14:00
Singapore, 9 April 2018 – Bountie, a Singaporean gaming platform that connects gamers in Asia, will be launching their Initial Coin Offering (ICO) pre-sale on 29th April 2018. Helmed by a team of passionate gamers, Bountie seeks to disrupt the current top-heavy reward scheme in the gaming industry and fill the monetization gap in the market.
The platform does this by seeding incentivized competitive matches and tournaments and paying out gamers in their own cryptocurrency, Bountie Tokens. Bountie has already garnered phenomenal support from the gaming community, with more than 50,000 sign-ups on the platform to date.
- Bountie’s Initial Coin Offering (ICO) pre-sale is launching on 29th April 2018
- Amalgamating eSports with blockchain technology to revolutionize the industry’s top-heavy monetization model with their own cryptocurrency, Bountie Tokens
- Connecting gamers on Bountie platform, enabling them to get paid to play their favorite games
The platform is already in partnership with the biggest names in gaming, such as DXRacer Singapore and MSI Global. In support of the local eSports scene, Bountie is also sponsoring Team Impunity and all-girl team Girlaxy, both Singapore-based e-sports teams. Currently, the Bountie team is focused on the Asia market, targeting gaming communities in Singapore, Malaysia, Philippines, Vietnam, Thailand, and Indonesia.
How It Works: Incorporating Cryptocurrency and Gaming for Players Around the World
Players can make a living while playing their favorite games by participating in weekly tournaments and completing daily achievements to win Bountie Tokens. The Tokens are backed by the Ethereum’s ERC20 Token Standard, as it enables the implementation of smart contracts, verification of transactions and elimination of fraud transactions. These Tokens can also be cashed out, saved in e-wallets or used to purchase gaming peripherals. Additionally, there is a free-to-play element on the platform where gamers can participate in tournaments without upfront costs or buy-ins to win Bountie Tokens.
Tapping on the Potential of Disruption in eSports with Bountie’s eSports Ecosystem
Revenue from eSports is expected to grow to US$1.49 billion by 2020 and global revenue from the gaming industry rose from $194 million to $463 million between 2014 and 2016, according to game-market research firm Newzoo.
Lex Na, co-founder and CEO of Bountie, said:
In this burgeoning eSports landscape, the Bountie platform creates a contemporary ecosystem between players, gaming partners and game publishers. […] With a dearth in established payout architectures in the current gaming scene, Bountie is capitalizing on the rise of cryptocurrency to legitimize gaming income for even casual gamers.
About Bountie
Established in 2017, Bountie is a platform for gamers in Asia to make a living while playing their favorite games. Players are rewarded through participating in online tournaments and can use these rewards to purchase gaming products. By using the latest technology in blockchain, Bountie will reduce the chances of fraud while increasing transparency. This decentralized platform creates exclusive gamer profiles where rankings, stats, and earnings are readily available for public viewing with high data integrity and accuracy.
ICO Information
- Name: Bountie ICO
- Website: bountie.io
- Pre-ICO Dates: 29th April to 9th May 2018
- Token Sale Dates: 10th May to 20th May 2018
- Total ICO Amount: USD 8 million
- Start Bonus: 15%
- Personal Cap: Min. 1ETH / Max. 10ETH
Token Details
- Price of Token: 1 ETH = 4000 BOUNTIE
- Token Name: BOUNTIE
- Token Utility: Underlying currency for gaming platform Bountie
- Token Type: ERC20 Token Standard
- Token Sale:
- Hard Cap: 37,500 ETH
- Soft Cap: 8,750 ETH
- Total Token Supply: 200 million Bountie Tokens
More information can be found on their website at https://bountie.io/.
For further inquiries, please email the company at [email protected].
Images courtesy of Bountie
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