Nitro - Empowering the Economy of Video Games (ICO)
About Nitro
Nitro is a new game platform model based on blockchain that wants to be the precursor of this change. The objective of the project supported by a public company is to create a democratic ecosystem where financiers, studios, publishers and players can have much easier time than the current model.
iCandy, the Australian publicly traded company that backs Nitro, has a worldwide user base with publishers in Play Store and the App Store that recommends their games. It also has a range of approximately 348 million people who could be part of the project's ecosystem.
The ecosystem is composed of two main parts. One, a digital cryptographic coin called NOX and a market, known as Nitro Marketplace. iCandy Interactive, incorporated in Virgin Islands, is listed on the Australian stock exchange (AUX: ICI).
The project's parent company, iCandy, has the Chinese search giant Baidu and the Global Confederation of Mobile Developers of China (GMGC) to count on its shareholders. The latter is a great name in the community of Chinese players with extensive experience that will make a difference.
This could be the biggest differentiator for Nitro. Companies that know the industry inside and outside are at the forefront of the ecosystem. Their deeper understanding of the player community and the sector as a whole enables them to take an ambitious approach that is rooted in reality.
Compatible with ICandy Interactive Limited
iCandy Interactive is limited to being a leading developer of mobile geographic games listed on the Australian Stock Exchange. At the launch of the good crypto Roman gods and Nitro market, iCandy Interactive can facilitate the publication of all video games that is funded by the associated association Nitro will build the existing resource base since then ongoing, to promote the community of players that surrounds the game's operation. of the Nitro Marketplace.
Characteristic
The underlying blockchain token that allows NOX owners to participate in the economy of the video game industry. NOX will also be interchangeable with Nitro Dollar (NOD), which is linked to 1 NOD for 1 USD, and will be used as an incentive coin and in-game for game-related transactions on the Nitro Marketplace.
Main Functions
The principle of participation, which indicates that many parties will be actively involved for the sake of nitro success. The project team will display a list of game studios around the world. The team will then choose the concept of promising games. The concept will then be presented to stakeholders. Stakeholders will choose the concept of games to be funded for development. After the game is released, the game winnings will be divided by 30% for Nitro.
The second principle is to link. This principle is based on Nitro networks using blockchain networks. Blockchain networks allow transactions to occur transparently. And it connects all parts, from players, game developers, publishers and developers. Players can play games in Nitro Marketplace. Your players can provide feedback directly to developers so that developers can create games sold on the market. Revenue from the game's advertisements in the game and in the game will be awarded at 30% to the Nitro team. The split will continue to fall by up to 20% in the fifth year of the game's payout. 60% of the team's income will be collected. The funds will be distributed to shareholders within such time as will be determined as a form of appreciation in the form of Ethereum (ETH). The remaining 40% will be used to replenish other new games. This is the third principle of Nitro, which is Growing. This process occurs every three months.
About the Token and ICO
Token symbol: NOX
Sales period: from 1 December 2017 to 26 December 2017
Accepted currencies: BTC - ETH
Price of the token: 1 ETH - 800 NOX
Maximum Revenue: Objective to raise up to 75,000 ETH but the Nitro Team may consider oversubscribing up to 85,000 ETH.
Team
Kin-Wai Lau, Director
Gerald Tock, Director
Douglas Gan, Chief Strategy Officer
Jason Giambona, Cto
Nikita Sachdev, Head of Communication
Yelena V. Sedykh, Head of Association
Phillip Lord, Director
Evgeniy Arhipov, Head of Blockade Blockade
Ilnur Galiev, Blockchain?? Developer
Kair Kozhaly, Head of Management of the Russian Community
Simon Breedon, Head of Digital Marketing
Advisory Board
Larry Gan, Advisor
Hans De Back, Advisor
Konstantin Gorozhankin, Advisor
Blockchain? Fund Banking (Bb Fund), Advisor and Early Investor
Links
Sitio web: https://www.nitro.live
Whitepaper: https://www.nitro.live/files/Nitro_Whitepaper_Final_v2.2.pdf
Medium: https://medium.com/@NitroToken
Telegram: https://t.me/NitroToken_NOX
Slack: https://nitrotoken.slack.com
Twitter: https://twitter.com/NitroToken
Facebook: https://www.facebook.com/NitroToken
Ann: https://bitcointalk.org/index.php?topic=2254986.0
By Bitcointalk user: Lordglorius
Profile: https://bitcointalk.org/index.php?action=profile;u=712690
Myetherwallet: 0x8a36E269eaB6CC7d5ADF7823790F9aC1Ab5F2a54
I think this (or something quite like this) is the future of the video game industry. It's rad because on one level you could have it be a facilitator for value-exchanges between developers but it could also be used to incentivize players to do certain things. Here's to the future of decentralized video games!