|ICO Timeframe:||12/07/17 – 01/21/18|
|Token Supply:||200,000,000 GMIT (71% Crowdsale)|
Game Machine is the global open ecosystem for a game industry constructed on the basis of blockchain technology. Game Machine will unite participants of this market: gamers, developers and advertisers for the sake of development of the industry and improvement of game products quality. Like many other cryptocurrency offerings in the gaming space, gamers will be able to use GMIT tokens to purchase in-game upgrades and benefit from an inter-game exchange of items based on performance of a motivated task. Advertisers will be able to create advertising campaigns tailored to specific gamers using the GMIT token as payment. For game developers, the primary benefit will be the ability to crowd-fund the development of games using their Rise Machine platform within Game Machine.
PROS: Already completed programming for two of five services on their platform, experienced management team that has been together since 2013, compliant with EU and U.S. laws (access to U.S. markets), detailed and achievable roadmap.
CONS: Not a new idea and will be competing with other similarly structured ICO offerings in the gaming space, will require significant advertising spend to attract and retain developers and gamers.