Sold out in one hour, a good start for GXC’s first pre-sale
GameXCoin (GXC) has completed its first pre-sale within an hour it began selling through Token Bank and Coin Rail sale sites.
Many of the blockchain projects are having difficulty in collecting funds in this declining market, so it is quite inspiring story of GXC selling all of its targeted amount for the first pre-sale.
GXC coin is a game coin on blockchain technology. Issuing tokens through a distribution cycle system while maintaining the exchange value is the key mechanism to this project, in which the gamers and game developers should benefit from this system by eliminating the third party in the middle of the transactions.
GXC began selling at 12 PM on the Sep. 10th through Coin Rail and sold all of the amounts prepared within 57 mins. Token Bank started at 1:30 PM and finished the sales in about an hour.
Success behind the pre-sale in this bear market is because the team is recognized not only for its expertise in blockchain development, but also the business is known to be solid.
CEO with over 20 years of development background; Developers being members of Decipher (Blockchain Research Group at Seoul National University) and plus talented employees with unique experiences make the team strong.
Furthermore, the team is collaborated with advisors well-known in games and blockchain industry. The advisory board consists of Gangseok Kim, the co-founder of Bluehole known for its blockbuster game called ‘Battle Grounds’; Kwanho Choi, former chairman of Korea Association of Game Industry; Will O`Brien, blockchain expert and one of the big investors in blockchain industry, also he co-founded BitGo. Partnership with over 10 different game companies also draw the attention to GXC; namely, Neowiz Bless Studio, and XLGames.
GXC has reported that the second pre-sale is on the way for investors missed their chances.
What is GameXCoin(GXC)?
GameXCoin is a subsidiary of Blockchain Ventures, established in December 2017. GXC has developed its own blockchain platform targeted for games. Its blockchain technology is based on third generation blockchain called EOS, and it is developing SDK for games to be implemented on the blockchain platform. GXC is planning to launch the Mainnet by the end of 2018 with over three commercial games on the platform.
