Ishara Pathirana
5 min readApr 17, 2018

BITGUILD ICO is Live!

The computer games industry has existed for many years and every year it is gaining momentum. E-sports is becoming an integral part of our lives, involving more and more people. Annual turnover of e-sports in 2017 amounted to $ 1.5 billion dollars. Just imagine these figures, the world community absolutely seriously recognizes some games as sports disciplines, and around them a serious infrastructure begins to be built.

Let’s discuss the project itself. The main goal of the Bitguild project is to create a platform for blocking games, but I would say that it will be not just a
platform, but an entire ecosystem that includes a full cycle of games launching.

The Main Problems

There are two main types of this industry members — players and game manufacturers. Players face the following problems:

  • They do not own their gaming property. The owners, in fact, are the game creators.
  • Expensive transactions.
  • It’s hard to conclude deals (for example, on items exchange).
  • Fraud within the game.

Manufacturers, in their turn, have to integrate payment systems for conducting transactions within the game. As a result, they have to pay out big commissions to these payment systems. Moreover, it provides conditions for fraud and phishing.

SOLUTION

First of all, it integrates blockchain into the gaming platform. An ecosystem is being developed where Ethereum smart contracts will be used to guarantee transactions transparency and information integrity. A PLAT token will represent a local currency and will be used to conduct transactions between the players.

All information will be stored in blockchain, like players’ accounts and their items. Thus, it won’t be possible to take them, steal or block. You will be the only owner of all your gaming assets. Besides your gaming items, PLAT tokens will be kept in your wallet. Also there will be a special bonus system to forward the platform’s development.

One of the parts of the project is the focus on interaction with developers. In other words, there are a lot of small but good teams of
game developers who would like to take part in the development of their projects based on the blockbuster. But in connection with their size and lack of budget, they can not do it. Bitguild is trying to create all the conditions for any developer to be able to do what he likes and create new games on the blockroom without spending time on other aspects of the type: building his own network of blockages, promoting the product, attracting new players, monetizing games — all this will be done by the Bitguild team !!
The second problem that Bitguild solves is the security of money and items in the game for the platform players. Many of us are aware that in large online games or MMORPG there is an active trade in game resources, players transmit each other things or artifacts, getting real money for it. Large developers do not support such activities and make restrictions, allowing scammers to use this. The Bitguild team wants to solve this problem using blocking, thereby making all transactions between players completely open. Payments between players will be made through the PLAT token of this platform. Due to the decentralization of things and tokens do not belong to Bitguild itself, and belong only to the player and if for example there are any technical problems in the company’s servers, the player will always have access to his items and token,

I would also like to note the team of the project, as it is now customary to say this “All stars” team. It consists of well-known and experienced guys, I want to talk about some of them.
Jared Psigoda (Jared Psigoda) — CEO and inspirer of the project, is notable for the fact that Forbes China entered 30 to 30 years in 2014. Also Jared CEO of the company Reality Squared Games, which was engaged in publishing games, that is, was engaged in licensing, localization and publication of games from China, beyond. It was a time when the online game industry was booming in the Chinese market, but outside of it they were little known. In other words, Jared has a great experience in working with games, and he himself is a big fan of some online games.
Mikhail Larionov — a professional in the field of blockade, and also developed a long time games for mobile phones when they were just born. He worked for Disney in which he developed several famous games, and then worked on Facebook. More details with the Bitguild team can be found on the link ( https://www.bitguild.io/team.html )
I want to pay special attention to the project’s advisers, they are very well known and influential in my opinion in the world of blockbuster and crypto currency.
Brock Pierce is a very famous figure in the world of blockbuster, one of the earliest investors Bitcoin, a venture capitalist, one and the creators of the Block.one project that stands behind EOS, is a co-founder of Blockchain Capital.
Justin Sun — SEO of the TRON project, it already says a lot, projects in which took part in any way Justin’s participation became at a certain stage very popular, remember Odyssey. Also included Forbes China 30 to 30 years 3 times!

ICO Bitguild goes right now and will end in 3 days, so there is still time to study the whitepaper and participate!
In total, 35878.3 ETH of 45,000 have already been collected, which is very good in such a market!
Information on the Seal:
Tokensale 16 Mar — 5 Apr 2018
Ticker: PLAT
Token type: ERC20
Fundraising Goal: 17,600,000 USD (45,000 ETH)
Sold on pre-sale: 12,000,000 USD (15% BONUS)
Total Tokens: 10,000,000,000
Available for Token Sale: 45 %
Сan’t involved: CHINA, USA

Website: https://www.bitguild.io/
ANN Thread: https://bitcointalk.org/index.php?topic=3090005
Whitepaper: https://www.bitguild.io/assets/bitguild-whitepaper-v0. 72-en.pdf
Twitter: https://twitter.com/BitGuildPLAT
Facebook: https://www.facebook.com/bitguildplat/
Telegram: https://t.me/joinchat/HtbMeE8YtEEDQExesDQgPg

Author : rajee89

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