|ICO Timeframe:||12/12/17 – 01/15/18|
|Token Supply:||Hidden Cap (60% Crowdsale)|
CRYCASH is an independent decentralized ecosystem of custom-tailored products for gamers which operates with its own utility token called “CRC”. As an ecosystem CRYCASH intends to disrupt the gaming industry by creating marketing tools, based on technologies for game developers and give gamers the possibility to receive CRC tokens by completing tasks set by game developers. CRC tokens will allow gamers to buy virtual goods, bet and participate in cybersport tournaments. To that end, CRYCASH intends to build an ecosystem consisting of four primary components: the Plink App, an advertising platform, a decentralized marketplace (for trading games and in-game items) as well as a cybersport platform. The Plink App will serve as a messenger and a wallet for CRC tokens. Developers will use Plink as a safe payment method and a user acquisition channel for developers to attract players into their games. This ecosystem will be built in cooperation with Crytek GMBH, Plink and other third-party developers. Game developers will use CRC tokens to promote their products and attract gamers, which, in their turn, will use them as currency for in-game purchases, as well as receive rewards for completing game tasks. CRC is a utility token which serves as the only payment method within the CRYCASH Ecosystem. Every purchase, sale, exchange, or any other transaction on the platform will require the use of CRC tokens.
PROS: Intends to be listed on exchanges relatively quickly post ICO (02/18), partnership with Crytek GMBH, established management team with relevant expertise, addresses highly popular and lucrative gaming market, high amount of synergy and overlap between crypto and gaming communities, a true “utility token”, features token “buy back” program.
CONS: Competition for funding, the market is currently flooded with gaming ICOs (DreamTeam, LordMancer II, NovaBlitz), hidden-cap for ICO, small advisory board lacks crypto/blockchain experience.