The video gaming market is growing faster than ever, thanks in part to increasing penetration of smartphones and tablets and more recently also AR/VR technologies. The global market is estimated to be worth $109 BN in 2017, growing at over 6% CAGR. RAWG aims to provide several solutions to this market:
Launched in April 2017, RAWG is a blockchain-based ecosystem - an online database of games from all popular platforms combined with a smart recommendation system and social/community features that enable gamers to follow & interact with each other, review games, discuss and monitor activities in a personalized feed.
Revenue will be generated from ad sales and promotions. RAWG will provide advertising platform to companies to enable targeting gamers by socio-demographics, interests and game interaction data (devices owned, games they look forward to, have dropped or completed, etc.).
Current Status: Already up and running in beta on rawg.io - development launched in Nov 2016. Since April 2017, the platform supports a unified player profile that automatically compiles all games from multiple platforms
Database: 52,000+ games already in its database from platforms such as Steam, Playstation, Xbox, App Store, Google Play, Nintendo and others with plans to expand the database to 200,000 within the year. Cross-platform showcase of calendar of releases, charts, user reviews and must-play games available since August 2017
User Interface: Exciting, intuitive UI
Token Utility: Until April 2021, RAWG will only accept RAWG tokens for ad services - post that, the tokens will give fast track access to purchase advertising without waiting in line
Team: Includes media and entertainment professionals with prior experience in developing projects like Kanobu, Roem.ru, Svyaznoy based in Russia / Eastern Europe - the team launched it initially with funding from its founders and then raised USD 2 MN from Altair Capital, Wargaming, Game Insight founder and others. Advisors include Igor Matsanyuk (a serial entrepreneur and investor), John Hanke, CEO of Niantic (responsible for Pokemon GO) and several others with interesting backgrounds
Competition: While there are several competitors in this space that reward gamers such as SwagBucks, PlayAndWin, Exodus 300, zVAULT, etc. - they tend to be rather limiting and funds / rewards cannot usually be withdrawn either. RAWG is the only cross-platform recommendation and rewards service. The largest game data sites such as IGN and Kotaku, despite having a large number of games, lack personal recommendations and are less organically community-based.
Rating: Rated 4.4 on ICOBench
Token sale will start on May 15, 2018
https://rawg.io
https://token.rawg.io
RAWG solves an important problem for gamers by putting together an extensive cross-platform database and a smart recommendation / rating system and community features in addition to incentivizing them to play more.
I certainly think there is a large market for such a platform. RAWG already has raised seed investments and has a live product - the potential to use tokens beyond games extending it to merchandize and also easy liquidity will be very attractive to users. No doubt, a big chunk (40%) is allocated to marketing and product development (40%) as it will be important to drive awareness and user adoption.
Happy investing!