After the financial realm, blockchain technology has taken a strong foothold in the gaming industry. At the moment, online gambling is at the forefront of blockchain integration, with such blockchain solutions as Tron and EOS being tailor-made to heed its specific needs.
But esports, a competitive discipline of playing video games at an ultra-professional level, gradually starts gaining momentum with regards to cryptocurrency adoption, with Arena Match being one of the latest examples of an incredibly promising merger of these two spheres. In fact, Arena Match combines all of the three factors: video gaming, betting, or as Arena Match labels it, the “skill-based competition”, and digital tokens, in one seamlessly working system.
The Arena Match team is comprised mostly of the Americal web solution architects and web developers. It is reported to be registered in the United States, with the designated agent being the company called Arena Match, Inc. located in Candler, North Carolina.
Upon its full release, the match application will afford means for gamers to place bets on the outcome of games in which they partake and participate in the following modes:
All payouts are made in the ERC-20 compliant Arena Match Gold (AMG) tokens, the total supply of which is 100 million AMG. These tokens can be subsequently exchanged to other cryptocurrencies.
The application provides access to four super popular online multiplayer games: Fortnite, PUBG, Apex Legends, and Counter-Strike: Global Offensive.
The Arena Match company was established in December of 2018, and by January 2019 it had already received a sizable partnership grant from Overwolf and Intel. By April 2019, the team has rolled out the application. In September Arena Match plans to launch the head-to-head mode in CS:GO, followed by the rest of competitive formats.
As one would expect from a gaming platform, Arena Match boasts a very strong presence across almost all social media platforms. Twitter holds the largest audience of 36,5 thousand followers, which is engaging very actively with the project, liking and retweeting its publications massively. The Telegram group has almost the same number of members - 34,219; the Instagram account - 7,214. It can be concluded that Arena Match is exemplary of how a fledgling crypto project should work with social media outlets. However, it should also be taken into account that a part of this army of followers might have been acquired through the airdrop program conducted by Arena Match.
The token sale of AMG will take place in the period from 20th till 30th of August on ProBit. The softcap is set at $100 thousand while the hardcap is $1.8 million. The minimum investment limit is $10, but there is also a maximum one - $10 thousand. The price of 1 AMG is $0.1. The 40% bonus applies during August 20. Citizens of the United States can’t participate in the token sale.
|Start||August 20, 2019|
|End||August 21, 2019|
|3 days left|
|Minimum investment||0.1 ETH|
|Tokens for sale||50000000|
The gaming industry is so massive, with so many people spending hours, if not days, in this virtual world that it seems that the emergence of the mechanism for monetization of this activity is long overdue. To put it simply, finally, someone came up with the idea of how I can turn my CS skills, which are pretty decent, into some form of money. The tokenomics model of Arena Match is well-thought-out, so the app will enjoy its share of popularity.
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