Peerplays ICO Details

Learn all there is to know about the Peerplays initial coin offering.


Peerplays is an online gaming and wagering platform that utilizes open-source decentralized blockchain technology (Graphene) to enable provably fair peer-to-peer gaming. This includes a sports betting...


Status Finished
Token Type BTS
ICO Dates 26/02/2017 - 14/05/2017
Funds Raised $4,500,000
Whitepaper Read Whitepaper
Website Go To Sale Website
Features Escrow
Jurisdiction N/A

Background

Peerplays is an online gaming and wagering platform that utilizes open-source decentralized blockchain technology (Graphene) to enable provably fair peer-to-peer gaming. This includes a sports betting exchange and various desktop and mobile gaming applications. Game designers can also utilize Peerplays’s tournament management infrastructure to create their own games and tournaments.

The Peerplays network earns revenue from various operations like the creation and trading of digital asset tokens by users, and the performance of certain custom operations, but most notably from the rake - which is a percentage of each jackpot deducted as a fee. This model allows the network to financially benefit from the trustless arbitration of each tournament and thus prevents Peerplays from having to act as a “house” and bet against its users.

Peerplays has been funded twice, $4M from strategic partners and $500,000 in seed funding from a crowdsale in 2016.

Sale terms 

 

 

 


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