DMarket​ ​has​ ​raised​ ​almost​ ​$11​ ​million​ ​investments in​ ​just​ ​four​ ​days

DMarket
DMarket
Aug 23, 2017 · 3 min read

The​ ​first​ ​global​ ​marketplace​ ​for​ ​trading​ ​in-game​ ​items,​ ​DMarket,​ ​has​ ​raised​ ​$10,9​ ​million investments​ ​during​ ​the​ ​token​ ​sale​ ​which​ ​has​ ​ended​ ​on​ ​August​ 21,​ ​2017.
DMarket​ ​is​ ​based​ ​on​ ​blockchain​ ​technology​ ​and​ ​smart​ ​contracts.​ ​DMarket​ ​tokens​ ​will​ ​become the​ ​main​ ​currency​ ​for​ ​in-game​ ​economy.​ ​With​ ​DMarket​ ​tokens​ ​players​ ​from​ ​any​ ​game​ ​on​ ​any platform​ ​will​ ​be​ ​able​ ​to​ ​buy,​ ​sell,​ ​and​ ​exchange​ ​virtual​ ​items​ ​on​ ​the​ ​new​ ​marketplace.

The​ ​official​ ​DMarket​ ​token​ ​sale​ ​started​ ​on​ ​August​ ​17,​ ​2017,​ ​at​ ​noon​ ​(12:00​ ​PM​ ​NYC​ ​Time, UTC-4).

35,9​ ​million​ ​tokens​ ​(​including​ ​the​ ​bonuses)​​ ​​were​ ​acquired​ ​with​ ​the​ ​total​ ​reaching​ ​$11.97 million.​ ​​The​ ​exchange​ ​rate​ ​1000​ ​DMarket​ ​tokens​ ​for​ ​1​ ​ETH.

“​In​ ​fact,​ ​we​ ​have​ ​held​ ​a​ ​short​ ​test​ ​token​ ​sale​ ​to​ ​make​ ​sure​ ​there’s​ ​substantial​ ​demand​ ​for​ ​the product​ ​on​ ​the​ ​market.​ ​We​ ​were​ ​expecting​ ​to​ ​raise​ ​around​ ​$1​ ​million​ ​and​ ​ended​ ​up​ ​with​ ​$10,9 million.​ ​The​ ​main​ ​DMarket​ ​token​ ​sale​ ​will​ ​be​ ​held​ ​in​ ​November​ ​2017,​ ​and​ ​we​ ​are​ ​predicting even​ ​more​ ​hype​ ​with​ ​the​ ​launched​ ​alpha-version​ ​of​ ​the​ ​product​ ​and​ ​signed​ ​contracts​ ​with famous​ ​publishers​ ​and​ ​game​ ​developers​ ​at​ ​hand​.”​ ​said​ ​​Volodymyr​ ​Panchenko​,​ ​CEO​ ​and founder​ ​of​ ​DMarket.

Currently,​ ​the​ ​project​ ​is​ ​supported​ ​by​ ​prominent​ ​game​ ​development​ ​studios​ ​as​ ​4A​ ​Games (Metro​ ​2033,​ ​Me​tro:​ ​Last​ ​Light),​ ​GSC​ ​Game​ ​World​ ​(S.T.A.L.K.E.R,​ ​Cossacks​ ​series),​ ​Tatem Games​ ​(Carnivores,​ ​Vivisector,​ ​Cryostatis),​ ​and​ ​t​he​ ​Pantera​ ​Capital​ ​investment​ ​fund. Moreover,​ ​the​ ​company​ ​has​ ​been​ ​negotiating​ ​with​ ​dozens​ ​of​ ​major​ ​world​ ​publishers​ ​in​ ​order to​ ​sign​ ​agreements​ ​in​ ​the​ ​recent​ ​future.

The​ ​company’s​ ​official​ ​advisory​ ​board​ ​consists​ ​of​ ​leaders​ ​in​ ​the​ ​gaming​ ​and​ ​blockchain industries,​ ​as​ ​well​ ​as​ ​renowned​ ​investors.​ ​Oren​ ​Klaff​ ​(​managing​ ​director​ ​at​ ​Intersection Capital),​ ​Brian​ ​Kerr​ ​(managing​ ​director​ ​at​ ​GL​ ​Ventures,​ ​founder​ ​and​ ​CEO​ ​of​ ​Fnatic​ ​Gear),​ ​Mo Levin​ ​(founder​ ​of​ ​the​ ​​Keynote​ ​Events​,​ ​startup​ ​and​ ​blockchain​ ​expert),​ ​Igor​ ​Matsanyuk (chairman​​ ​at​ ​Games​ ​Insight,​ ​ex-vice​ ​president​ ​at​ ​Mail.ru,​ ​founder​ ​at​ ​IMI.VC​ ​and​ ​Farminers), Denis​ ​Dovgopoliy​ ​(​founder​ ​of​ ​GrowthUP​ ​Group)​,​ ​Evgeniy​ ​Grygorovych​ ​(project​ ​leader​ ​at​ ​​GSC Game​ ​World)​,​ ​Oleg​ ​Yavorsky​ ​(co-founder​ ​of​ ​Vostok​ ​Games),​ ​and​ ​Igor​ ​Karev​ ​(CEO​ ​at​ ​Tatem Games)​ ​are​ ​among​ ​them.

The​ ​next​ ​“opportunity​ ​window”​ ​for​ ​investors​ ​will​ ​open​ ​in​ ​November​ ​2017,​ ​during​ ​the​ ​second main​ ​phase​ ​of​ ​the​ ​DMarket​ ​token​ ​sale.​ ​The​ ​price​ ​will​ ​be​ ​25%​ ​higher​ ​compared​ ​to​ ​the​ ​first phase​ ​(750​ ​Tokens​ ​for​ ​1​ ​ETH).​ ​The​ ​company​ ​is​ ​not​ ​planning​ ​to​ ​hold​ ​an​ ​additional​ ​emission​ ​of tokens​ ​after​ ​the​ ​end​ ​of​ ​the​ ​second​ ​token​ ​sale.

DMarket​ ​will​ ​create​ ​new​ ​opportunities​ ​for​ ​trading​ ​virtual​ ​goods​ ​for​ ​gamers​ ​from​ ​all​ ​over​ ​the world.​ ​Until​ ​now​ ​only​ ​6%​ ​of​ ​2.2​ ​billion​ ​gamers​ ​have​ ​such​ ​a​ ​privilege.

The​ ​cumulative​ ​revenue​ ​of​ ​the​ ​gaming​ ​market​ ​reached​ ​$100​ ​billion​ ​in​ ​2016.​ ​It​ ​is​ ​estimated that​ ​this​ ​sum​ ​will​ ​amount​ ​to​ ​$128​ ​billion​ ​in​ ​2020.


About​ ​the​ ​DMarket​ ​Team

Vladimir​ ​Panchenko​ ​is​ ​the​ ​founder​ ​and​ ​CEO​ ​of​ ​the​ ​DMarket.​ ​He​ ​is​ ​the​ ​#1​ ​private​ ​merchant of​ ​computer​ ​games,​ ​with​ ​more​ ​than​ ​15​ ​million​ ​copies​ ​sold​ ​via​ ​eBay,​ ​G2A,​ ​and​ ​Kinguin​ ​in​ ​the past​ ​five​ ​years.​ ​He​ ​is​ ​also​ ​the​ ​founder​ ​of​ ​SkinsCash,​ ​the​ ​second​ ​largest​ ​marketplace​ ​for in-game​ ​items​ ​trading​ ​(more​ ​than​ ​12​ ​million​ ​items​ ​sold​ ​in​ ​2016).

​Alexander​ ​“ZeroGravity”​ ​Kokhanovsky​ ​is​ ​the​ ​co-founder​ ​of​ ​the​ ​project​ ​with​ ​17​ ​years​ ​of experience​ ​in​ ​eSports,​ ​and​ ​the​ ​founder​ ​of​ ​Na’Vi​ ​(Natus​ ​Vincere),​ ​one​ ​of​ ​the​ ​most​ ​popular​ ​and successful​ ​eSports​ ​teams​ ​in​ ​the​ ​world.​ ​In​ ​2016​ ​he​ ​became​ ​a​ ​shareholder​ ​of​ ​ESForce Holdings,​ ​the​ ​third​ ​largest​ ​eSports​ ​establishment​ ​in​ ​the​ ​world​ ​with​ ​the​ ​total​ ​investments amounting​ ​to​ ​$100​ ​million.

​​​ ​Andrei​ ​Havrutchenko​ ​is​ ​the​ ​blockchain​ ​architect​ ​of​ ​the​ ​project​ ​with​ ​more​ ​than​ ​26​ ​years​ ​of experience​ ​in​ ​software​ ​development​ ​and​ ​four​ ​years​ ​of​ ​experience​ ​in​ ​cryptocurrency development.​ ​Andrei​ ​is​ ​the​ ​senior​ ​developer​ ​of​ ​the​ ​DASH​ ​cryptocurrency,​ ​which​ ​is​ ​included​ ​in the​ ​list​ ​of​ ​top​ ​10​ ​world​ ​cryptocurrencies​ ​with​ ​the​ ​market​ ​capitalization​ ​of​ ​$1,4​ ​billion.

Check​ ​additional​ ​info​ ​about​ ​the​ ​project​ ​at​​ ​​www.dmarket.io​.

)

DMarket

Written by

Digital Items Exchange and Game Monetization Platform. Gamers can buy, sell & exchange in-game items, while developers gain revenue from every transaction fee.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade