MGO — Disruptive Gaming Crypto Tech
I’ll write a bit about why I believe MGO (MobileGO) is and will be one of the best altcoins out there for me and hopefully for a lot of other users, both Crypto and otherwise.
MGO comes from the development team behind GameCredits (GAME). They took over the project a few years ago and made it what it is today. The team behind both of these projects are extremely talented, skilled and serious about what they do. Basically they want to change the way we look at gaming both when it comes to playing the games as well as making them. While GAME is focusing more on being an actual currency to use within gaming as rewards as well as purchases MGO is focusing on unlocking it all through the power of smart contracts.
MGO is built on top of ETH as an ERC-223 Token. You may or may not have heard of this one as the standard is ERC-20, but with ERC-223 you get not only more security within the system but also more recent updates to the network.
MGO will work in the areas that GAME will not. You will more or less unlock the true potential of eSports through MGO by creating decentralized tournaments with the prizepools not being controlled by any entity (in current state teams can have to wait up to 6 months before receiving their winnings) as well as letting the average Joe host tournaments with his friends where they each want to put up some money on the table. And if you thought that was all we have not even begun to scrape the surface. If you do believe in Crypto I am almost certain that you have also seen the rapid growth in gaming, both mobile and desktop. What MGO is looking at doing is create a more fair environment for both the creator of games as well as the gamers themselves. As it is right now the creators of games often has to pay a lot of fees to the platforms that they are selling their games at while also having to wait a while before getting the money to their account. All of this changes with MGO/GAME as it gives the power back to the creative minds with low fees and quick payouts. This will not only encourage creators to take a step towards crypto as it will also bring more people to the world of creating once they see how smooth the entire process can be.
The team behind GAME launched the MGO ICO last year and managed to raise $53,000,000 during their sale. This was during the time of $1,000 BTC so you can imagine the faith that was placed with them. So far I’ve only seen great things from the project with a lot of key partnerships (latest one being IBM) and big plans in the working. The price has, as with any ICO, fluctuated a lot and there has been a lot of people voicing their concern with the slow progress (at least what they believe to be slow) but I’ve only been getting more confident in the team over time. The way they have handled issues along the way while keeping their eyes on the prize is spectacular and I believe that it is only a matter of time before they get recognized by the masses.
As of today you can join them through their store (yes, they have an entire store built around these two alts where you can create, share and buy games) with more cool stuff coming up soon. If there was ever a doubt in your mind as to where you should invest some of your money I would tell you to look no further than to MGO/GAME. Once Crypto really goes mainstream together with gaming growing at extreme rates you will have an incredible nestegg in the near future. For now, I would not look too much at the price development as I do think that it could explode at any given day.
As previously stated, I’ve followed this project since day 1 and I have been through the good and bad times. I have however, since my first time using BTC in 2013, been more excited to what the future holds. Both as a gamer and a crypto enthusiast I urge you to at least look beyond the surface and really sink your teeth in to this one. You will not regret it.
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