Skincoin is a unique cryptocurrency dedicated to the gaming community. The cryptocurrency that aims to play a huge role within and beyond the in-game economies has recently opened up an opportunity for the gaming and cryptocurrency community members to be part of the revolutionary platform by announcing its ICO.
The Skincoin cryptocurrency is built over Ethereum protocol, and it can be used for instantly trading Counter-Strike: Global Offensive, DOTA 2 skins and even for placing bets on eSports events. The cryptocurrency has put itself in a position to capture a significant chunk of the $5 billion market for game skins and digital products, as per 2016 figures. The market, with a 100% growth rate has over 3 million people, and the introduction of Skincoin will encourage a majority of them to adopt the cryptocurrency into their regular gaming activities.
Skincoin is developed by a team of experts with plenty of experience in the gaming industry. With the new cryptocurrency, they will be positioning themselves as the go-to currency for not just buying game items but also to drive the in-game economy. According to the company’s development roadmap, the platform will soon integrate Skincoin as a payment and betting method on few leading portals like skinwin.com, scgodep.com, skinhunt.com, and case.club. Other future developments include the implementation of a Skincoin exchanger, support for trading Skincoin with other cryptocurrencies, third party integrations and finally, Skincoin’s own gaming platforms.
To facilitate the development, Skincoin will be raising a total of 10,000 ETH tokens during the upcoming crowdsale. Beginning 21 June 2017, the ICO will enable investors to buy Skincoin with ether. Every ETH token contributed towards the ICO will yield 6000 SKINS to the investors. The platform has also announced early bird benefits in the form of a 20% bonus offered during the first two days of ICO.
Out of the total 1 billion skincoins, the platform will offer 600 million to the crowdsale participants. The rest 300 million and 100 million tokens will be distributed among company’s operational activities and team members respectively.
With the ICO less than a week away, investors, gamers and cryptocurrency community members can become part of the new movement by contributing towards the project. More information about the ICO is available on the Skincoin website.