The gaming industry keeps evolving while the demand seems to increase by the day and the entry of new technologies appears to give reprieve to the ardent online game consumers. Asobimo Inc., a game creator and developer has thrown in the towel to expand their global reach through the a smartphone genre known as 3D MMORPG.
The company has been very active in Asia and Japan with their flagship online based titles like Iruna, Avabel and Toram that are created for the smartphone users. The company’s MMORPG arm prides itself with millions of subscribers to their ever expanding game titles. Asobimo is a leading household name in the industry.
The Japanese industry is worth over $12billion and country is ranked number three in the world and this is the audience and market share that Asobimo is salivating for. With high internet penetration in japan, the vision is achievable and the same can be replicated globally.
The Role of Asobi Token in the Ecosystem
MMORPG games are highly addictive and fun as well and the demand for interactive and role playing video based games calls for a lot of interaction and the networking among players is a plus for the project. MMORPG or Massively Multiplayer Online Role-Playing gaming is a passive activity that immerses users in to the virtual world.
The entry of the outfit into the industry means there is a need for a medium of making payments and that is where Asobi coin becomes pivotal. All deals on the system will be done using the native coin. Whether you are playing, buying games or content, the token is set to be the official payment method.
Asobi Token ICO Details
Asobi is the title of the ICO project in anticipation of releasing the games. Early adopters will have the change to invest in the in-game token at a discounted price. With the game release, the tokens liquidity is expected to increase and also spike the value and price of the native token.
One benefit of using the in-game coin is to enjoy the discount the platform will be offering. This will encourage adoption and the interaction will spur the token usability and naturally this will start eating on the total coin supply to create scarcity and gain value traction for the coin.
ABX ICO Detailed Structure:
- Project name: ABX ICO
- Token name: Asobi
- Token ticker: ABX
- ICO Token price: 1 ABX = 1 JPY
- ICO start date: July 4, 2018
- ICO end date: September 30, 2018
- Anticipated hard cap: 5,500,000,000 JPY
- Anticipated soft cap: 550,000,000 JPY
Why the Asobi Token
As much as the t projects wants to disrupt the interactive gaming sector, the digital asset will create a new economy for content developers and consumers through what the whitepaper calls the distributed secondary market through value addition. On the other hand, the platform dApp function will go a long way making trading on the application fuss free
The system is appears to be secured through a DSS hence acting as a good content ownership proof. With the uptake of gaming is on the rise, the company timing of the ICO is just right and hopefully their experience in the industry will give them an edge over the competition, if any.
ABX ICO Verdict
The industry is still in its infancy globally and venturing into blockchain makes the space more lucrative than the convectional route to the market. Decentralizing the industry will mean anyone with access to a crypto can has a easy access to participate on Asobi network and anonymously take part in the gaming revolution.
With the scarcity information on the ICO details, due diligence should be the guiding principle. However, the concept looks appealing to the online virtual game goers and the value proposition is something to ponder on before joining the ICO.
More information on the project ( ABX ) please visit their website listed below:-
WEBSITE: https://asobimo.io/en/
WHITEPAPER: https://asobimo.io/pdf/white_paper_en.pdf
TELEGRAM: https://t.me/AsobiCoin_Official
TWITTER: https://twitter.com/AsobiCoin
FACEBOOK: https://www.facebook.com/Asobi-Coin-130436194467568/
Author: cryptocat156
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