DMarket - Make Virtual Assets Real
People spend time, experience (and sometimes a little luck) every day getting virtual assets. Only 6% of gamers can have a chance to monetize them. What about the other 94%? How to make every game item tradeable like physical goods and bring them into the world market economy? Introducing DMarket - a decentralized marketplace to turn every virtual item into a real commodity.
STO/ICO Status
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Basics
| Platform | Ethereum |
|---|---|
| Type | ERC20 |
| Accepting | ETH, BTC, ETC, LTC, BCC |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
How DMarket works
Game universes are not connected to each other in any way. There is no safe and easy way to trade between them. We are building DMarket - a global marketplace based on blockchain and smart contracts. It enables one-click sale, exchange or evaluation of every virtual item between all games on any platform. The blockchain will ensure 100% security and safety. Smart contracts are the bridge on blockchain to connect all game worlds and universes without any third party needed. They will log changes of ownership and automatically transfer payments. The DMarket Token is native to DMarket, it is the only currency used in the marketplace.
Using our API, every game developer can easily connect their game to DMarket. That will increase lifetime value, revenue, and time spent in their games. Gamers will finally enter the global economy with virtual items, creating a new billion dollar marketplace in an instant.
Token functionality
DMarket token is represented by DMarket coins. It will be used across the DMarket platform, and will not be limited by the platform in the future. DMarket coins will be used:
- As a currency, in case of buying/selling in-game items
- For deducting fees for trading in-game items
- To distribute profits among digital property copyright holders
- For premium account acquisition for wholesalers and retailers
- For BigData-analytics acquisition
- To postpone service fees, based on smart contracts which are sourced from one DMarket user to another
Tokens Distribution Phase #1
| Start date | 17th of August 2017 (12:00 PM NYC Time, UTC-4) |
| End date | 21th of August 2017 (12:00 PM NYC Time, UTC-4) |
| DMarket tokens distribution cap (Phase #1) | 50,000,000 DMarket tokens |
| Currency accepted | ETH, BTC |
| Minimal goal to start | 5,000,000 DMarket tokens |
| Token exchange rate | 1 ETH = 1,000 DMarket tokens |
| Amount of tokens per one person | unlimited |
| Minimum transaction amount | 0.1 ETH |
| Maximum transaction amount | unlimited |
| Bonuses |
Day 1: +10% bonus |
Limited Industry tokens distribution (Industry leaders only)
The main idea of this token sale phase is to spread the word about DMarket to enlarge our community.
We will reserve only 50 slots for industry leaders on this stage, chosen by our team, and notify them via invitation letter. The minimal number of tokens to buy is 50k, the maximum is 500k Dmarket tokens. Only public participation with official statement is available.
| Currency accepted | ETH, BTC |
| Token exchange rate | 1 ETH = 750 DMarket tokens |
| Bonus | + 10% DMarket tokens |
Tokens Distribution Phase #2
| Start date | 3rd of November 2017 (12:00 PM NYC Time, UTC-4) |
| End date | 17th of November 2017 (12:00 PM NYC Time, UTC-4) |
| DMarket tokens distribution cap (Phase #2) | hard cap |
| Currency accepted | ETH, BTC, ETC, LTC, BCC |
| Token exchange rate | 1 ETH = 750 DMarket tokens |
| Amount of tokens per one person | limited |
| Minimum transaction amount | 0.1 ETH |
| Maximum transaction amount | limited |
After the token sale is closed, 10% of the total tokens amount sold are issued and reserved for DMarket's core activities
