ICO Review: KamaGames Token (KGT)
KamaGames is not an ICO in the truest sense of the word. It is not a new project being released for the first time, it’s not a whitepaper ICO where only a proof of concept is being sold to an investor to fund the development of an idea. What it is, is an expansion of its platform to take advantage of a new technology – the blockchain. KamaGames has been in existence for close to nine years since 2010. In this period it has grown to be the largest European social mobile poker operator. Employing more than 250 people, it has offices in several major cities across Europe and seeking to expand to more places. It has its headquarters in Dublin. The best part about KamaGames is that since 2010, it has consistently had a growth cover and consistently released more games on the market. For instance, in 2017, KamaGames had a revenue of $57.5 million while in 2016 that figure was $35.2 million. That is a 63.4% increase in a year.
Product-wise, KamaGames created its first game in 2010 called Pokerist which went on to become the #1 top grossing app in over 100 countries on the Apple App Store and one of the Top 5 grossing apps in 45 countries on Google Play. Its portfolio has attracted more than 500,000 daily online social poker players. Not only that, KamaGames has introduced the following games to the market as well: Roulettist game (3D Roulette), Blackjackist game (3D Blackjack), Baccarist game (3D Baccarat), Omaha Poker by Pokerist game, Joker Party, 10 to Ace Party, 3 Card Party, Swap Party, U-Turn Party & Hearts Party among several other games. The flagship product – Pokerist has also been improved several times over the years.
Advantages of Participating in KamaGames Token sale
First of all, KamaGames is a leading brand in the social mobile poker games. It is the largest European social mobile poker operator and it keeps on innovating and growing. And now it is seeking to expand into the blockchain industry to capture more players.
Secondly, the portfolio is highly impressive and most recently it expanded into the highly lucrative slots arena. Some of its games have gone on to make records in both Apple App Store and Google Play Stores.
The KamaGames platform has received excellent ratings on its level of integrity and provision of a fair playing field. The world’s most respected test laboratory for mobile games - iTech Labs has certified the authenticity of the KamaGames platform.
Finally, KamaGames has world-wide recognition with several awards to show for it, including the prestigious EGR Operator Awards and the SoftTech International awards.
The KamaGames tokens (KGT) will be used as utility tokens only usable within the KamaGames platform. They will be exchangeable for in-game virtual "currency" (chips) at any time using an official KamaGames player account via any of the operator’s social casino games. The KGT holders who already have a player account can very easily and quickly link it to their purchased tokens. They then use their account to redeem the free chips awarded daily along with any other discounts or bonuses.
Token metrics are as follows:
Start Date: September 24th, 2018 12:00 UTC
Total Tokens: $ 31,250,000
1 KGT = 7,000,000 poker chips
Tokens for sale - 25M
Bonus tokens - 6M
Bounty - 250k
Andrey Kuznetsov (Chief Executive Officer) - https://ie.linkedin.com/in/andreyvkuznetsov
Roman Abramenko (General Counsel) - https://ie.linkedin.com/in/roman-abramenko
Sam Forrest (Director of Global Communications & Content) - https://uk.linkedin.com/in/sam-forrest-4505b812
A working product, a global team, and a proven profitable business model is all an astute investor needs to make a positive determination to invest. The project is highly anticipated and the token sale is expected to be a success.