How Did I Invest in DMarket Tokens

Hey guys!

It’s my second blog over here. And I’m going to talk about investing in the gaming industry being just a gamer. Why do I do that?

Because I’ve invested some ETH in DMarket tokens few days ago. I support this project as it is done by PROs in gaming and business. For those who do not know, DMarket is the first global marketplace for trading in-game items.

According to their web, during their first phase of the token sale they have raised almost $11 million investments in just four days. Fantastic I believe!

DMarket is based on blockchain technology and smart contracts. DMarket tokens will become the main currency for in-game economy. With DMarket tokens us (players) from any game on any platform will be able to buy, sell, and exchange virtual items (CAN’T WAIT!).

Their CEO and the founder Volodymyr Panchenko (is also the founder of SkinsCash, btw) said they were expecting to collect much less, but the gaming world and the investors supported them 11 times more.

According to Mr. Panchenko

“In fact, we have held a short test token sale to make sure there’s substantial demand for the product on the market. We were expecting to raise around $1 million and ended up with $10,9 million. The main DMarket token sale will be held in November 2017, and we are predicting even more hype with the launched alpha-version of the product and new contracts signed with publishers and game developers at hand.”

Currently, the project is supported by game development studios like 4A Games (Metro 2033, Metro: Last Light), GSC Game World (S.T.A.L.K.E.R, Cossacks series), Tatem Games (Carnivores, Vivisector, Cryostatis), and the Pantera Capital investment fund. In addition, the company is negotiating with dozens of major world publishers in order to sign agreements in the recent future.

The company’s official advisory board consists of leaders in gaming and blockchain industries, as well as renowned investors. Oren Klaff (managing director at Intersection Capital), Brian Kerr (managing director at GL Ventures, founder and CEO of Fnatic Gear), Mo Levin (founder of the Keynote Events, startup and blockchain expert), Igor Matsanyuk (chairman at Games Insight, ex-vice president at Mail.ru, founder at IMI.VC and Farminers), Denis Dovgopoliy (founder of GrowthUP Group), Evgeniy Grygorovych (project leader at GSC Game World), Oleg Yavorsky (co-founder of Vostok Games), and Igor Karev (CEO at Tatem Games) are among them.

The Second Chance

My tokens will come to my account after phase #2, but now I can see their amount in my personal wallet. Still have some time to think about investing more in this project during phase.

The next opportunity comes in November 2017.

As far as I understood, the price will be 25% higher compared to the first phase (750 Tokens for 1 ETH).

And the main part: the company is not planning to hold an additional emission of tokens after the end of the second token sale.

It means that the quantity is limited, the demand for using the platform will grow and the value of tokens will increase. I believe! :)

Cheers!