New Virtual Reality Cryptocurrency Gets $2.1 in Funding

$2.1 Million So Far
NEVERDIE is a gaming company that has explored the virtual reality space for years. Now, it is engaging in an ICO to raise money (without regulation) for a new venture into the cryptocurrency and blockchain worlds. So far, the ICO has earned more than $2.1 million, with a single investor donating as much as $50,000 toward the project. The ICO is likely to continue to bring in more funds through its closure on August 1.

NEVERDIE CEO Jon Jacobs spoke with Forbes about his company's latest plans. "Esports is a great way for gamers to earn meaningful income, and digital currency makes perfect sense for the purse," he said, referring to online betting. His company will plan to add a blockchain sports book with its own NEVERDIE tokens in the future.

He adds, "betting is really one of the most important ingredients for turning esports into spectator sports. We launched the NEVERDIE coins on the Ethereum Blockchain because it was really much harder to grow an audience for high-level esports, but now there are so many ways we can tackle it. When you combine Twitch streaming and cryptocurrencies, you have tremendous tools at your fingertips for creating exciting events that are inclusive."

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