Archive for the ‘Crypto ICOs’ Category

There are less than 7 days remaining until the end of the first stage of the Cryptum ICO that is currently going on with the goal of crowdfunding the first crypto mining board game as well as a future line of board games development. At the current moment there is already enough funding for the development of the Blockchain: The Cryptocurrency Board Game and in fact that development has already started even before the end of the crowdfunding as it was expected that there will be enough funding for it anyway. With the current level of funding however the development of the other board games could see a bit of delay, as will some of the other parts of the project, though there is still some time for things to get better. Then there is the second stage of the crowdsale that will start after the first one is over and will allow for another month of token distribution for people that have missed the first stage with more altcoins being accepted aside from the Ethereum and Bitcoin available for Stage 1.

Up until this moment the Cryptum crowdfunding campaign has managed to secure over $40000 USD equivalent in Ethereum (ETH) and about $70000 USD equivalent in Bitcoin (BTC). So even though crowdfunding board games development via an ICO with crypto currencies may not be the most common thing you see when Initial Coin Offerings are considered there is still good user interest. One of the reasons for the not so big user interest is that the project does not promise to bring you stars out of the sky and the other one probably being the fact that a lot of people into crypto are actually not very familiar with the board games business and market. It is a fact that the board games business is big, with around $5 billion global market, and continues to grow with a very good rate heading to over $8 billion in the next few years according to analysts. Of course it is up to everyone to decide for himself if investing crypto into a project targeting that market is a good idea or not, but there is a huge potential in that market and we are seeing this as very good opportunity at the right moment.

As we have already mentioned a couple of times we have partnered with the Cryptum project for the development of the Blockchain: The Cryptocurrency Board Game as we really see a great opportunity especially with that board game and want to see it become a reality. With the current level of funding the project has received things are already looking great for that particular title and the development has been going on for a while already anyway. Your feedback can also help shape the look and feel of the game, so do take some time and vote for your favorite coins that you want to see in Blockchain: The Cryptocurrency Board Game.

More details about the latest development of the Cryptum board games crowdfunding project…

We have recently told you about the Cryptum ICO that is currently running with one of the goals of the project being to Crowdfund the First Crypto Mining Board Game and now we are going to be sharing some of the latest developments surrounding the project that our team is also helping develop. Our focus of course is the development of Blockchain: The Board Game as we are actively taking part in that side of the whole idea and since it can also use some community feedback and help you can chime in as well. The current plan for the game is to include 85 actual crypto currencies, there are 85 slots available for coins and although they are already filled you can still get a coin in. You can get into the free voting in this Bitcointalk thread where you can vote for coins to stay or to be swapped with another one. Alternatively, if you want to secure a place for a specific coin you can do so with paid voting here. Do have in mind though that you are not just paying for the coin listing, but you are essentially purchasing a certain amount of CRTM tokens and get the listing as a free extra, so you will be supporting the project development and get the coin you want listed.

Another interesting development is the announcement of the plan to have the two main crypto currencies inside the game (Bitcoin and Ethereum) represented with their own real metal coins. The 3D models of the coins have already been made by the designer Francesco OrrĂ¹ and you can already see 3D renders on how they will look, though the actual production of the metal coins has not started yet. During the game development 3D printed plastic tokens will be used some of which have already been printed to test out designs and such. There are more elements form the game currently being worked on as it is an ongoing project and will take some time, precisely why the work has been ongoing even before the actual start of the funding via an ICO.

The latest interesting announcement for now is the name of the first crypto currency exchange to officially be featured in the crypto mining board game and that one is ShapeShift. Other exchanges have been contacted and more names will probably be announced soon, but for now ShapeShift is the first one. Getting in touch with exchanges is not as easy thing as you might expect, especially the bigger they are, so this could take some time. Then there is also an expansion for the game planned to be released after the game that will offer expanded gameplay and more exchange mechanics.

For more about the Cryptum ICO and Blockchain: The Cryptocurrency Board Game…

Here is another interesting mining project that got our attention – HydroMiner. A mining project that tries to make crypto currency mining more Eco-friendly by using hydro power stations for generating the electricity used by mining rigs. We already know that there are some hydro power stations being used for large mining farms in Asia, but here the project aims to do it in Europe and more specificall in the Austrian Alps. An ambitious goal trying to expand the current mining capacity from 290 kW all the way up to 7 MW if the maximum goal of the upcoming ICO is reached. Today the project had its pre-sale and it ended at just about 36 minutes according to the official information rising 1500 ETH with the actual token sale (H2O Token) starting on October 18th and running for a month. You can check the HydroMiner Whitepaper here for more details and detailed description of the project.

Hydro power is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural. Hydro power allows to manage resources sustainably and enables low-emission production and it is also simple, controllable and has an excellent track record. Using hydro power stations in the Alps region one of the lowest prices per kilo Watt in Europe can be achieved, bringing the costs for the mining operation further down. Further cost savings can be realized by using the cold water for cooling the mining equipment, so no extra electricity costs for cooling. Where possible, mining equipment is built inside standard sea freight containers. The advantage is that containers can easily be assembled in once place and then taken to the hydro power station, in addition, the container can be moved to another location very quickly if needed, sometimes depending on water levels or the need for extensive maintenance to the power station’s turbines.

As you know we are not big on ICOs, but there are some that actually do catch our attention, especially ones that are related to mining and the HydroMiner project is one of those where we see a good potential. Of course with all such projects looking for funding via ICOs there is risk, so while we can point you to check out the project in details we are not going to be giving any investment advice – it is up to you to decide. We are just sharing the information about HydroMiner as a new and promising project to bring an alternative to traditional cloud mining options already available. An alternative that tries to be more efficient and Eco-friendly and not just focusing on bringing profits to its investors, even though most miners focus on profits the most.

For more information about the Eco-friendly HydroMiner cloud mining project…


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