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On a par with Bitcoin, new currencies are entering the crypto world. Recently multifunctional gaming platform Game Stars have closed a pre-sale stage with complete sold-out of GST tokens and over 51 ETH and 57 BTC raised. The platform and the token caused a lot of buzz in the blockchain market. Moreover, gaming world show great interest for the project – cyber athletes are willing to join the platform.
The 1st round of the Token Sale started on May 10th, 2018 and will last until May 27th, 2018. Only 300 million tokens will be allocated for the sale. Token-sale participants have an opportunity to get 30% bonus.
After the end of the Token Sale, GST tokens will be available on several exchanges. Game Stars has already established partnership with YoBit exchange and received prior consent from WEX that is among TOP-30 exchanges on CoinMarketCap.
Game Stars Token are already in demand and to show a significant increase in value due to 3 reasons:
The token is a fuel of the platform that solves existing eSport problems and will be in demand of the market participants.
GST emission is limited and there won’t be enough tokens for everyone willing to buy them
As soon as the project reaches Hard Cap point the shortage of tokens can be caused by only 50.000 basic or 14.285 profi-users signing up for the platform.
The last point is quite crucial. As soon as the Token sale is over, unsold token will be immediately burned. Tokens that get into the platform will be frozen for 2 years. Later token holders will be able to sell GST on exchanges. As users need to have GST tokens in order to use Game Stars platform solutions, the demand for the token will grow, so will its value.
Game Stars will provide following benefits for eSports market participants:
Cyber athletes raise funding for their professional development by participating in various tournaments or selling personal tokens that are issued with a smart contract through Cyberathlete Initial Coin Offering (CICO) procedure.
Sponsors and advertisers
Sponsors can support the most promising cyber sportsmen and get profit from their income. Advertising companies select a team, a player or an event that fits the best for promoting their brand or product.
Managers will be able to develop team members, look for new ones or raise fundings for participating in tournaments.
Moreover, each platform user can benefit from owning Game Stars Token and its increase in value. GST can become a trump-card of your cryptocurrency portfolio. Participate in Game Stars Token Sale on the official website!
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Source : Bitcoin