Overview:
It is a blockchain based gaming platform which allows gamers to play the games directly without need of downloading and created ecosystem for crypto payments using its Ethereum based token called PXG which is aiming to provide transparent gaming ecosystem for both publishers and gamers, backed by well experienced team and advisors.
Problem:
With the huge development in the gaming industry, many games are available in the market, gamers have lot of option to choose on mobile gaming platform, surveys saying that it has grown exponentially in past decade. Developing a game need huge initial cost and maintenance cost due to this free play games are lagged in innovation and revenue growths
Solution:
To solve the challenges in the gaming industry, PlayGame came up with solution by integrating cryptocurrencies in the gaming industry which is trying to create an opportunity in untapped market
Working:
For example, 100 players are ready to play any game on this platform example SUDOKU, players need to deposit 1 PXG, PlayGame will have 100 players with 100 PXG, it will give some proportion of tokens to the developers and administrative for maintenance it will be around 5% only and rest 95% of the tokens are distributed to players who tops the leader board for example Number 1 Player get 100PXG and 2nd Player gets 90PXG etc. proportion of tokens may vary dependent on number of players
Token economy:
PlayGame platform issues Ethereum based utility token called “PXG” which can be used in the internal ecosystem of the platform for the services and rewards availed in the platform
Token details:
Token symbol: PXG
Total supply of tokens: 1,000,000,000
Pre-Token Sale 1 ETH = 18,000 PXG.
Token Sale 1 ETH = 15,000 PXG
Softcap: 200,000,000 PXG
Hardcap: 600,000,000 PXG
60% of the tokens are allocated to sale
Pre-Sale: 10th Sep to 24th Sep 2018
Public Sale: 24th Sep to 22nd Oct 2018
Team:
Anton Soeharyo-CEO
Anton founded one of the most successful mobile game company in Indonesia - TouchTen Pte Ltd. It has published over 50 mobile game titles, accumulating over 50 million downloads with many reaching the top charts. Notable backers include Ideosource, CyberAgent Ventures, TMS-Entertainment (Sega Sammy group), UOB venture Management, GREE,
Inc., 500 startups, and Digital Nusantara Capital
Aria Rajasa-CIO Product Lead
Aria Rajasa is a serial entrepreneur with over 10+ years in the digital marketing, digital marketplace, and ecommerce space in Indonesia. He founded Tees.co.id, a leading online custom clothing, procurement, and custom goods solution provider. Tees.co.id raised money from famous investors such as 500 Startups and Telkom Group.
Batista Harahap-CTO Residence Hacker
Batista has been building startups since 2007 and he strongly believe that timing is the most important factor in a successful startup with product and team coming in close. He first built DuniaQuiz.com in 2007, a quiz website that grew to a million pageviews in its first 3 months of conception. He joined his second startup Urbanesia (Indonesia’s Yelp) because of his passion to help local businesses in 2010.
Verdict:
Pros:
• Demo of PlayGame is available on their website.
• It has venture capitals from Ideosource which is Early-stage to later-stage investor focusing in SEA, DN Capital which is Global early-stage venture firm, focusing on games and technology.
• Advisory team looks good it has experienced members from various fields such as Marketing, ICOs, Blockchain, E-Commerce, Digital Marketing, Online Marketing etc.
• Core team members are experienced in different fields such as Finance, Marketing, UX/UI Developer, Cloud Computing, Trading & Mining Industry, E-Commerce, Digital Marketing and Gaming Industry
Cons:
• Social media hype is poor, its telegram community has 200+ members in English group and 1k+ members in Indonesia group
• Whitepaper is not structured properly
• There are many ICOs offering similar kind of services, it need to maintain its point of differentiation
• Advisors and team members are beginners in the blockchain technology
• Roadmap is unclear
Links:
Website: https://its.playgame.com/
Whitepaper: https://its.playgame.com/files/playgame-whitepaper.pdf
Telegram (English): https://t.me/playgamecom_en
Twitter: https://www.facebook.com/PlaygamePXG
Facebook: https://www.facebook.com/PlaygamePXG
ANN Thread: https://bitcointalk.org/index.php?topic=4929376
Bitcoin talk Username: anushkamehta0902
Bitcoin talk URL: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH Address – 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a
