What is SKINCOIN
SKINCOIN token (SKIN) – decentralized cryptocurrency for making bets, accepting and sending payments for game skins in Counter-Strike: Global Offensive, Dota 2, Team Fortress 2.
Tokens SKINCOIN (SKIN) are to be released based on the Ethereum blockchain platform. Tokens shall be used for trading with game sites, buying/selling skins, making bets on gambling and betting platforms.
What are skins?
Skins are virtual items that can be used in games like Counter-Strike: Global Offensive (CS:GO) or Dota 2. The term “skin” is derived from the typical function of these virtual items: changing the appearance of a player’s in-game avatar, weapons, or equipment.
Skins Industry
According to Eilers & Krejcik Gaming, a research firm, more than 3 million people wagered $2.3 billion worth of skins on the outcome of e-sport matches in 2015. In 2016, this figure grew by two-fold and reached $5 billion.
As per analytics of Eilers & Krejcik Gaming and Narus Advisors, about 40% of the total 5 billion market in 2016 were betting on the results of cybersport matches and tournaments. Player wagers his skins on winning his team.
Press about skins market:
“The boom in pro video gaming is fueled by $2.3 billion in online bets.”
“Game-Maker Valve Moves to Choke Off $7.4 Billion Gambling Market.”
“In video games, skin gambling is the use of virtual goods…”
VISION
SKINCOIN token (SKIN) will be accepted as means of exchange for gaming and betting services (betting sites for eSports events, jackpot sites, etc.).
ICO start: 21 June 2017 12:00 UTC
ICO end: 21 July 2017 12:00 UTC
Minimal Goal to start: 5 000 ETH
SKINCOIN for distribution: 600 000 000 (100 000 ETH)
Token Exchange rate: 6 000 SKINS : 1 ETH
Currency accepted: ETH ONLY
Start Bonus 20% first 2 days
Maximum transaction amount: 18 000 000 SKIN (3000 ETH)
– 600 million tokens will be available to fundraisers.
– 300 million will remain in the SKINCOIN Foundation until the official exchange is launched, the tokens will be exchanged for game skins at the market rate, and will also be used to form a stable market and further development over the next five years.
Tokens shall be stored on a wallet with multi-signatures.
– 100 million will be distributed among team members.
For information, please contact: crowdsale@skincoin.org SKINCOIN tokens can be purchased only for ETH. All collected funds shall be received and stored on purses with multi-signatures.
https://cryptocurrencies.space/skincoin-overview/
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