Gameflip ICO – Presale, ICO and token

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Gameflip ICO

Gameflip has built a robust marketplace platform for gamers to transact digital goods for games across all platforms (VR/AR, eSports/PC, mobile, console).

Presale Date:  Ended

Public sale Date: 4th December, 2017-29th January, 2018.

Gameflip is dedicated to creating a transparent, safe, and frictionless digital marketplace for video gamers to buy and sell digital gaming goods globally. Gameflip has built a robust marketplace platform for gamers to transact digital goods for games across all platforms (VR/AR, eSports/PC, mobile, console). Using blockchain technology, Gameflip continues to be at forefront in reducing trading barriers for video garners. The new FLIP token and decentralized ecosystem will further advance Gameflip vision for a fully transparent and frictionless infrastructure for transacting digital goods.

Game developers and publishers will be given open-sourced plug-ins and software development kits (SDKs) from Gameflip for integration. Gamers can easily send digital goods and FLIP to each other, as long as both the sender and the recipient have an Ethereum compatible wallet.

 

 

Problems being solved.

  • Most digital goods purchased by gamers are locked within individual games, and gamers lose all of their value when they stop playing that game.
  • The current infrastructure does not promote the liquidity, transparency or security required by gamers to buy, sell and trade digital goods.

 

 

Participants.

Gamers:

  • The flexibility to securely sell, buy and trade their digital goods outside of the game – with minimal integration efforts.
  • Gamers can own and securely store their digital goods on the blockchain.

 

Game publishers:

  • Being able to sell more digital goods at higher prices.
  • Increased longevity of their games.
  • Significant brand new revenue streams.

 

Game developers:

  • Game developers will have new revenue streams and substantial incentives to adopt FLIP.
  • Developers can independently build tools and benefit from having their tools adopted by users.

 

 

Roadmap.

Gameflip FLIP

 

Review.

  1. Concept.

Industry: Gaming

Similar projects: MobileGo, Gamecredits, Enjin, Steam, OPSkins, Wax, DMarket

How is it different from other projects in the space? N/A

 

 

  1. Team

 Gameflip team members

Gameflip advisory

 

3. MVP

Any previous activity related to the project: Gameflip was founded in Silicon Valley, California, USA in 2014. They then launched a marketplace platform for iOS, Android, and Web in 2015. In 2017 Q1 they completed financing from top tier venture capital investors in Silicon Valley and achieved more than 2 million registered users and 500,000 monthly actives. Over 2 million garners buy and sell gaming items safely with Gameflip. Over 10 million Web views and 2 million Mobile App accesses monthly. Millions of USD transacted monthly.

VC Investors: Yes

Partners: N/A

Actual alpha, beta etc. available on website: No

What is available: Their working website and marketplace.

 

 

  1. Blockchain Leverages

GitHub presence: Average

Smart contracts: FLIP smart contracts will eliminate questions of trust and protect the transacting gamers from fraud.

Database: The blockchain will act as a multi-game database, securely storing all digital goods and FLIP and tracking who owns them.

 

 

  1. ICO Structure.

Popularity: High

Whitelist present: No

Registration required: N/A

KYC required: N/A

Banned entities: Americans

Smart contracts already audited: N/A

Exchanges: HitBTC, Livecoin, Bittrex, Binance, Liqui, Etherdelta

Escrow: N/A

Multisig wallet: N/A

 

Token scarcity: 100M

Securities Token: No

Buyback and burn: No

Coin staking: No

Lock-up: N/A

Unsold tokens burnt: Yes

 

 

Presale token percentage: N/A

Token price: 70-30% bonus/340-260 FLIPS per ETH/$0.94-$1.23 depending on amount

Presale Hard cap amount: 7k ETH/$2,2M

Presale Soft cap amount: 3k ETH/$960k

Presale progress: 112% of goal reached with 3360 ETH/$1M raised

Minimum amount: Set at 3ETH before being reduced to 1ETH

Individual cap: None

 

Public sale token percentage: N/A

Token price: 25-0% bonus/250-200 FLIPS per ETH /$1.28-$1.6 depending on timing

Public sale hard cap amount: 30k ETH/$10M

Public sale Soft cap amount: 15k ETH/$4.8M

Public sale Progress: Not started yet

Minimum amount: 0.1 Ether

Individual cap: None

 

Total ICO Token percentage: 43.2%

Base ICO Token price: 200 FLIPs per ETH/$1.6

Total ICO Hard cap: N/A

Total ICO Soft cap: N/A

Soft cap reached so far? N/A

Bonus for whales: Up to 340 FLIPS per ETH/$0.94

ICO Timeframe: 13/10/2017-29/1/2018

 

 

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