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Posts Tagged ‘Cryptum tokens’
Last month we have shared some information about an interesting new crypto crowdfunding campaign coming soon with the ultimate goal to fund the The First Crypto Mining Board Game. Today the Cryptum ICO has officially started and will take place in the next 30 days (Stage 1) distributing up to 1 Million CRTM tokens to users that decide to support the project with ETH or BTC. Any remaining tokens that are not distributed during the first stage plus an extra 100 thousands will be available for distribution in the second stage of the funding and you will be able to participate with multiple different altcoins. More details about the parameters of the Cryptum ICO are available here, but do note that the first 24 hours of the crowdsale there is a 16% bonus available, then the next 4 days it is down to 8% and the last two days of the first week you get 4% bonus. After the first week the next three weeks the tokens will be available for the regular rate of 50 CRTM per 1 ETH, and if you are using BTC then the rate is fixed at 0.0135 BTC per 10 CRTM.
The main goal of the project is to create and release a whole line of board games, starting with Blockchain: The Cryptocurrency Board Game, or essentially the first board game about crypto currencies and mining and that is precisely what got our interest initially, though there are a number of other projects associated as the business model of Cryptum is more complex and rewarding that just that. You might want to take a look at the Cryptum Whitepaper for some more details on what your participation in the project can bring you back and it is more than just a free board game when it is ready. You don’t even have to spend an of your Cryptum (CRTM) tokens to get the board game that you will help bring to life, holding the tokens might be much more rewarding in the long term than just selling them on an exchange when they get listed. As already mentioned we are not only supporting the project, but our team actually got involved in the project development as we see very good potential in it. Of course we also want to help make the first crypto mining board game a reality and a fun and enjoyable game to be player by people both into crypto currencies and ones that may not yet be. So go take a look at what it is all about and if you like the idea you are welcome to help in any way, even if it is to just spread the idea.
– For more information about the start of the Cryptum ICO visit the official website…
The Cryptum ICO looks different than most crowdsales of tokens we’ve seen lately and if you are following us closely you know that we are not big fans of ICOs. It is not a single project, but a network of projects funding board games publishing with an interesting concept of providing supporters with returns of investment. More importantly the first game being released is called Blockchain: The Cryptocurrency Board Game. In it the players will compete for obtaining most Bitcoins and Ethereums by mining 85+ coins using 25 different crypto algorithms (with crypto coins taken from the real world). The Cryptum tokens issues by the project will be used for free access to all board games Cryptum is publishing (not only the Blockchain game) and there are already plans for 4 games and 5 expansions.
Cryptum will use the funding acquired from the crowdsale of tokens for three main projects – board game development, crypto mining and the release of a new cryptocurrency, plus maybe some small extra crypto currency related projects like an ICO listing website:
– Board games with 20% to 40% “shared profit” paid after each of the games Kickstarter campaigns, including the Blockchain: The Cryptocurrency Board Game.
– Mining project starting with 50% shared profit and lowered gradually to 30% by the end of a 2 year period after which the mining profit will be used only to fund further development of board games.
– Cryptumcoin should be launched later this year and will be used in some of the services, like for paying for advertisement in icodbase.com, and all token owners can receive some initial amount depending on how many tokens they own. Or they can mine it, as the developers promise good value and ASIC-proof algorithm.
Cryptum will pay back between 20% and 50% of the profits through optional claims (to avoid regulation and listing prohibitions in some exchanges and regions). Еvery feature is accessible by optional claim and if you don’t want to claim your profits based on current token ownership then they will be distributed to other token holders. The number of tokens issued will be limited and they will also be available for trading on crypto exchanges, though actually holding them might end up being more profitable on the long run.
When we initially heard about the idea for the Cryptum project we were quite interested and wanted to take part in it, especially the part about the Blockchain: The Cryptocurrency Board Game. As a result we are not only supporting the project, but our team actually got involved in the project development.
– For more information about the upcoming Cryptum ICO visit the official website…
- Published in: Crypto ICOs|Crypto News
- Related tags: Blockchain The Cryptocurrency Board Game, board game, board game crowdfunding, crowdfunding, crypto board game, crypto mining board game, Cryptocurrency Board Game, Cryptum, Cryptum crowdsale, Cryptum ICO, Cryptum tokens, Cryptumcoin, ICO, mining board game