Crypto gaming store GameCredits recently announced that the company will be launching a crowdsale for its new MobileGo Token. The crowdsale is currently projected to begin in April, with active promotion in China and throughout the West. The crowdsale funds and issuing of tokens will be used to fund marketing of the company’s new Mobile Store and to develop Ethereum-based smart contract systems on the platform.
In a whitepaper available on the MobileGo website, the company notes that the tokens “will be used to gamify the mobile platform, and to incentivize gamers for loyalty and participation through rewards.” GameCredits’ plan for the MobileGo tokens involves using them to further develop the virtual gamer marketplace, facilitate “gamer versus gamer” match play, and operate smart contract-based tournaments. The tokens will also help to facilitate the company’s affiliate system.
According to the announcement, there will be discounts and rewards available for MobileGo Token holders who opt to use the GameCredits Mobile Store, with those benefits based on the gamers’ profile status, app usage, and other factors. It’s important to note, however, that the company’s current digital currency, GAME, will continue to serve as the coin used for in-game content buys and remains the core currency for GameCredits’ payment gateway.
Company Business Development VP Sergey Sholom commented on the news:
“We are excited to expand our roadmap to include these decentralized solutions. As successful game developers for the last 13 years, we know that to achieve consumer adoption of crypto we need to give gamers choices, help them save money, and make their experience more rewarding and exciting.”