СRYCASH, an independent decentralized ecosystem of products for gamers fueled by its CRYCASH token, announces its crowdsale will start December 12.
In preparation for this token sale, CRYCASH has already established its first partnership with Crytek, the videogame developer and publisher of the legendary original FarCry and Crysis franchise.
Within this cooperation Crytek will use the CRYCASH platform as an advertising service to attract new players to its current and future products and implement CRYCASH as one of the payment methods in the CRYENGINE Marketplace. Also, Crytek will integrate the CRYCASH token into its online games where suitable, starting with Warface Turkey.
Wachtang Budagaschwili, CRYCASH CEO, said: “The gaming industry lacks effective tools for players to monetize their game time, collaborate and communicate. On the other side, game developers are also challenged by high customer acquisition costs and comparatively long time to market. CRYCASH solves these problems by introducing revolutionary custom-tailored products for players and developers. We’re proud to start our token sale having Crytek as our first partner which will allow us to immediately bring CRYCASH to millions of players”.
Crytek Managing Director Faruk Yerli said: “Already several times Crytek has revolutionized video gaming industry with its award-winning products such as the original FarCry, Warface, Crysis Franchise, and Ryse: Son of Rome and that have been enjoyed by more than 50 million players around the world. Being a trendsetter in gaming, our strategy is to introduce the benefits of new technologies before they become mainstream. We’ve been looking into blockchain for a while now and, having reviewed various cooperation proposals, we finally chose CRYCASH as a technological partner. We were impressed by the team’s innovative approach to creating products that can add great value to players, and for Crytek it’s a new business opportunity to attract additional gamers.”
The CRYCASH Ecosystem will offer four major components:
1) Plink – the first application for gamers designed for collaboration and communication among players and receiving CRYCASH tokens for completing tasks from game developers and advertisers. Plink will also be used as a wallet for CRYCASH holders;
2) Marketplace for CRYENGINE community with built-in SDK of the blockchain-based CRYCASH platform where CRYCASH token holders can pay for in-game assets and services;.
3) Advertising platform for game developers;
4) CyberSports platform for gaming tournaments, eSports betting, and events.
The CRYCASH ecosystem will utilize its own CRYCASH token. To ensure its seamless flow within the ecosystem and secure its stability, CRYCASH will apply its BuyBack model which implies spending up to 80% of profits for buying the CRC token at exchanges to reward users for completing tasks set by game developers.
CRYCASH (CRC) will start its token sale on December 12, 2017, 19:00 UTC, and run it through January, 15, 2018, 18:59 UTC. Early birds will receive a 15% bonus within the first 120 hours of the token sale. Then the bonus amount melt by 1% each 24 hours until 18:59 UTC on December 31, 2017. The initial price is set 0.001 ETH per 1 CRC. There’s a 20% ‘big fish’ bonus throughout the whole token sale for those willing to contribute 200+ ETH. Currencies accepted: BTC, ETH, BCH, LTC, DASH. All contributors will receive a chance to be the first to test Plink – the revolutionary application for gamers.