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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW
Project Details: https://drive.google.com/file/d/1tS9cRB_d7TlOsnNXJneLkJBu5qtrGrxP/view
Cryptocurrencies and the gaming industry pretty much go hand in hand. Each exists in an abstract type of virtual reality. Let’s check out an ICO that was built to help achieve mass adoption in addition to getting people out of the house to explore their cities and earn some crypto.
CryptoHunt is a game that’s similar to PokemonGo. It’s an app that will be available in the App Store and Google Play.
You’ll basically be sent all around your city on quests that will require you to solve puzzles and ultimately explore your own city. Currently they’ve made about 5000 cities around the world available for the game and they are working on adding more. The demo will be available for public use in a little over a week. You’ll be able to earn crypto for your accomplishments, which can be used for upgrades within the game and you will also be able to sell the tokens you earn on exchanges if you so choose.
You may remember the craze that PokemonGo incited. Granted, Cryptohunt doesn’t have the benefit of an already well-established customer base with heavy ties to nostalgia like PokemonGo. However, if CryptoHunt can develop a game with similar usability and graphics then it very well might have a chance to bring much more awareness to cryptocurrencies and blockchain technology.
This one peaked my interest because it has a chance to relate to the younger crowd and possibly inspire them to pursue an education geared toward blockchain technology, something that I think will prove very beneficial for themselves and the entire crypto space.
I’ll also be interested to know if they have plans for any kind of education to help steer these new users to quality information to help them on their way to better understand the crypto space and what to watch out for.
Let’s take a look at how this ICO is organized and their plans for how the token will work
The ICO will be open to U.S. China and Singapore citizens to take part and they’ve decided that the maximum investment accepted will be 15 ETH so as to encourage a better distribution of the tokens. It will begin on March 1st and last until the 15th.They have a couple different methods for reducing the supply which would ultimately help the price of the token to rise.
They’ve got the buy back program which allocates 5% of the funding they receive through the ICO to buy back tokens that are available on the game platform. Also, stagnant users will see their tokens begin to “decay” after a certain amount of time of inactivity. This also doubles as encouragement for regular use of the game.
Also, in addition to earning tokens by completing quests, users can also earn by identifying bugs within the game.
If you’re interested in learning more in depth detail on how this game will work, and how to participate in the ICO, check out the links down below in the description.