Checking Out Gaming Coin DMarket (DMT)

DMarket is a cross-game universe for trading virtual assets, such as items from Steam games.

In fact, you can sign up with DMarket with your Steam account.

With 2.3 billion gamers, DMarket wants to create a global marketplace solution that turns every virtual item into a real commodity.

The problem of course is that in-game items tend be siloed, meaning, they only have value for their particular platform.

DMarket is developing a marketplace based on blockchain and smart contracts that enable the one-click sale, exchange or evaluation of every virtual item between all games on any platform.

The DMarket token will be the only currency on the platform, providing different options that affect every trade, exchange, fee and smart contract. There’s a total supply of roughly 56 million DMT with 50 million already circulation.

The DMarket ecosystem connects gamers, developers and publishers.

Games get to monetize their in-game items across multiple platforms while still maintaining control of their items and funds.

Developers and publishers can connect to DMarket with DMarket’s API to market their items and even use items for payment of goods and services.

For the fees 80% goes to developers and publishers with the remaining to DMarket.

As you can see from the pic below so far over 100,000 trades have been done with over 70,000 items.

I signed up to DMarket, but haven’t bought anything yet. Looks like the easiest method is to buy DMT on an exchange like Bittrex and transfer it to DMarket.

Anyone out there using DMarket? Thoughts?

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