Kinguin Reinvents the Online Gaming Marketplace with ICO Launch of "Krown Tokens"
TALLINN, Estonia, March 29, 2018 (GLOBE NEWSWIRE) -- Kinguin, one of the world's largest online retailers in the video and PC game industry, announces the launch of its next generation online marketplace - poised to transform this industry. Kinguin has created a truly decentralized e-commerce environment with the launch of "Krown Tokens" - the first-ever digital utility token designed specifically for the online gaming community. "Krowns" will be exclusively traded on the Ethereum blockchain network. Of particular note, Kinguin was also awarded "Best ICO Project, 2018" at the Cryptocurrency World Expo in Berlin, Germany recently.
By tokenizing their marketplace, a new generation of online players around the world can now monetize their game experience, enabling an entire global gaming community to profit from the structure and adoption of this decentralized economy. This is a trusted peer-to-peer network to buy, sell, and trade digital games, in-game items, and other game-related services. Gamers can monetize such services as coaching, in-game training and other freelance services to fellow players - all with increased transparency and security.
"When we started Kinguin, we wanted to support and empower a rapidly growing community, that we believed was underserved," notes Viktor Wanli, CEO and founder of Kinguin. "We are gamers ourselves and wanted our community to be able to freely trade their digital property, and now we are evolving our platform to the next generation with blockchain and smart contracts. Our users will continue to enjoy buying, selling, trading digital games, items, and now services, but with even more confidence that they're operating on a trusted and secure network."
In 2013, Kinguin, pioneered the first online marketplace to sell secondary cd-keys, digital games and goods. It has since saved its community of 7 million gamers more than 175 MM USD globally. The company realized early on that the video game industry had transitioned into a community experience, and to better meet the needs of this community, has taken its marketplace to the next level.
Kinguin believes in fundamental player rights of the gamer community, and the concept of decentralization provides a platform where free trade of digital products will ensure players aren't subject to unfair exploitation.
"Today's free-to-play game market is experiencing record-shattering growth, primarily by relying on players to invest a significant amount of time and money," says Kim Rom, Chief Gaming Officer for Kinguin, and a 20-year veteran of gaming and esports. "However, there hasn't been much focus on value creation for the player, and there's a new generation of gamers and creators failing to monetize their biggest passion - until now. We can give control and earning power back to our community, by opening up revenue streams with our decentralized marketplace."
With this launch, Kinguin has created an entirely new category - a "micro-services industry" for the global gaming community. It also plans to rollout a series of new features and developments within the next 6 months.
Kinguin seeks to raise 50MM USD through a series of private and public rounds over the next 2 years. Each round will be tied to new product launches, so potential backers can be a part of the development, testing and verification process, and track progress. The reason for this approach is that unlike other ICO offerings Kinguin elects to receive payments over a structured period of time, as it moves forward from one milestone to the next. This method is most effective, to incrementally distribute funds back where they will be best utilized as the project develops.
The Krown pre-sale began March 15, 2018 at 3:03 PM CET, and the main sale will begin April 12, 2018 at 24:00 CET. Krowns will not be available for purchase from residents in, or citizens of the USA, and China.
Krowns do not represent company shares or give rights to revenue sharing. The Krown is exclusively a utility token for accessing digital gaming experiences and items on the Kinguin platform, and from participating partner sites.
Kinguin will enforce stricter-than-market-standard criteria in the approval process, and all rounds will adhere to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) policies. The company has also engaged MC2 Solutions to develop its smart contracts, all of which will undergo independent third-party security and code audits, to ensure security and integrity. They will also be available on GitHub for review by the community and all interested parties.
Kinguin.io is a legally registered entity in Estonia and compliant with European laws and regulations. Interested participants can transfer most crypto or fiat currencies and will receive digital ERC23 compliant Krown Tokens in return.
Kinguin is happy to work with its users to educate them about the Krown, but is not a financial advisor. The company strongly recommends that participants consult with their own advisors.
For more information and complete details about Krowns, visit:
https://kinguin.io/ and Telegram channel: https://t.me/KinguinICOPublic.
Since 2013, Kinguin has become the largest alternative marketplace to Steam, Origin, and Battle.net with more than 7 million loyal customers, globally. Its mission is to provide users the opportunity to buy, sell and trade video games at a fair price with an innovative hassle-free, trusted and secure platform.
Cameron Carson, Kinguin
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kinguin Limited via Globenewswire
Om Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York
+1 212 401 8700http://www.nasdaqomx.com
NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.
Følg saker fra Nasdaq GlobeNewswire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Nasdaq GlobeNewswire
Tenaris Announces 2018 First Quarter Results26.4.2018 23:02 | Pressemelding
Tenaris S.A. / Tenaris Announces 2018 First Quarter Results . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement. The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standard Board ("IASB") and in conformity with IFRS as adopted by the European Union ("EU"). Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Net cash / debt and Free Cash Flow. See exhibit I for more details on these alternative performance measures. LUXEMBOURG, April 26, 2018 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE:TS) (BAE:TS) (BMV:TS) (MILAN:TEN) ("Tenaris") today announced its results for the quarter ended March 31, 2018 in comparison with its results
Atico Produces 5.48 Million Pounds of Cu and 2,825 Ounces of Au in First Quarter 201826.4.2018 22:35 | Pressemelding
VANCOUVER, British Columbia, April 26, 2018 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the "Company" or "Atico") (TSX-V:ATY) (OTC:ATCMF) announces its operating results for the three months ended March 31, 2018 from its El Roble mine. Production for the quarter totaled 5.48 million pounds of copper and 2,825 ounces of gold in concentrates, an increase of 9% and 11% for copper and gold, respectively, over the same period in 2017. "We are very pleased to report our strongest operating quarter to date while maintaining steady state production levels and a robust start towards our 2018 operational objectives" said Fernando E. Ganoza, CEO. "For the remainder of the year, the Company will continue focusing on the regional and mine vicinity exploration programs with rigs currently drilling on surface and underground." First Quarter Operational Highlights Production of 5.48 million pounds of copper contained in concentrates; an increase of 9% over Q1 2017. Production of 2,825 ounces of gold
Cloudflare Grows Network by Nearly 30 Percent in First Quarter26.4.2018 22:00 | Pressemelding
The company announced three new products and a major collaboration as part of giant quarter SAN FRANCISCO, April 26, 2018 (GLOBE NEWSWIRE) -- Cloudflare, the leading Internet performance and security company, today announced record network growth in the first quarter of 2018. The company added 32 new cities, growing its network to 151 points of presence globally. Cloudflare now protects more than 8 million domains, websites, APIs, mobile applications, and anything connected to the Internet. "At Cloudflare's core is its network, which we've built to be flexible, efficient, and able to perform any task in any given location," said Matthew Prince, co-founder and CEO of Cloudflare. "In this last quarter, we grew our network at record pace, bringing our network closer to everyone on earth. This means that we're able to roll out products at a global scale for users everywhere." Today's announcement caps off a strong quarter for Cloudflare. The company announced three major new products in th
VITEC's EZ TV Video Wall Solution Wins Best of Show Award at the 2018 NAB Show26.4.2018 19:00 | Pressemelding
VITEC's EZ TV Video Wall Solution Wins Best of Show Award at the 2018 NAB Show SUNNYVALE, Calif., April 26, 2018 (GLOBE NEWSWIRE) -- VITEC, a worldwide leader in advanced video encoding and streaming solutions, today announced that the new EZ TV video wall processor, available within the award-winning EZ TV IPTV and Digital Signage Platform, was recognized with a Best of Show Award at the 2018 NAB Show from Sound & Video Contractor (SVC) magazine. Evaluated by a panel of industry experts, the Best of Show Award winners were selected based on innovation, feature set, cost efficiency, and performance in serving the industry. VITEC's video wall solution is designed to simplify deployment and management of projects involving IPTV, digital signage, and video wall content, while delivering a breathtaking visual experience. The new EZ TV video wall processors are 100 percent hardware-based, feature low-latency native playback of IPTV streams up to 4K, and support interactive content, video, a
Inspiration in Receipt of Crypto Currency Proposal26.4.2018 16:54 | Pressemelding
TORONTO, April 26, 2018 (GLOBE NEWSWIRE) -- Inspiration Mining Corporation ("Inspiration" or the "Corporation") (CSE:ISM) is pleased to announce that it is contemplating upon the request of Compassion Cannabis that it is allowed to accept crypto currency for settlement for any transactions that occur. The logic is that it would make for easy settlement in any jurisdiction. The Company is not adverse to this proposal, but must perform its due diligence and will table the matter at the AGM. Compassion Cannabis is an Ontario Corp., which has expertise to forward various facets of the explosive new market of the marijuana industry, including but not limited to the "Vape" market and dispensary centers for the industry. We believe this will be an extremely lucrative space with tremendous demand in the medical cannabis industry. For further information, please contact Randy Miller, Chief Executive Officer of the Corporation, at tel: 416-842-9000, www.inspirationmining.com The CSE has not revi
SNOMED International Announces Brazil as its 33rd Member26.4.2018 15:12 | Pressemelding
London, United Kingdom, April 26, 2018 (GLOBE NEWSWIRE) -- Brazil's Ministry of Health and SNOMED International announce that as of April 1, 2018, Brazil has joined the organization as SNOMED International's thirty-third Member. With SNOMED CT already used in various parts of the country, Brazil joined SNOMED International to support nationwide health system transformation as a foundational element of its ehealth Strategy, digiSUS. As outlined in this national strategy, the SUS Monitoring and Evaluation Department of Brazil's Ministry of Health is responsible overall for governance of the National Electronic Health Strategy and its related evaluation and development. Demonstrated through its membership in SNOMED International, Brazil has defined SNOMED CT as the chosen international reference terminology for use in its clinical systems supporting the national ehealth strategy. SNOMED CT is the world's most comprehensive health terminology. Founded in 2007 by nine charter nations, SNOME
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom