Egaming has been growing at the speed of light. At some point, most people in their life have experienced some form of gaming. I remember endlessly spending hours upon hours playing with friends while competing for new high scores, getting the best gear, or simply having fun. I’m sure many have fond memories just like these that can be directly accredited towards gaming developers. They create experiences that stick with us for ages. Whenever I see an old game I use to love, I get an overwhelming feeling of emotions and nostalgia that brings me back to my adolescent years of countless, “all nighters”. When you sit down and think about it, it’s no wonder gaming has expanded as rapidly as it has. We all want an experience.
Half of the global video game revenue is generated from mobile gaming. It is also the fastest growing source of income in the video game industry, mainly from the product of freemium games. eGamingFund is directly targeting this huge market with an extremely innovative, yet simple approach.
Who is eGamingFund?
GFG Token Logo
eGamingFund is lead by Oliver Wu (Founder), Tim Wong (Co-founder/Asia CEO, and Gareth George McIntosh (CEO Europe and Latin America).
Oliver Wu, Founder
Oliver Wu is the Chief Architect of www.goodgaming.com, a leading e-gaming website in Asia, serving millions of customer with over $1 million daily revenue. GoodGaming recently announced a ground breaking partnership with CasinoCoin, utilizing their revolutionary Bank Roll Manager. I will talk more about that in another article. Oli is also the producer of both the famous classic text MUD game “3 Kingdoms Wizard” (established for over 22 years) and the mobile blockbuster “Warhammer: The End Times”. With more than a decade working in eGaming, he is both renowned and respected in the Asian markets.
Tim Wong, Co-founder, Asia CEO
Tim Wong has a master’s degree in software from Shanghai Jiao Tong University and 15 years’ experience in the gaming industry. Tim has produced a number of highly profitable games. Other notable achievements include being the engineer of Perfect World research center, the CTO of VRSTANDARD, and the founder of C²engine (a 3D content development platform).
George McIntosh, Latin American/Europe CEO
George McIntosh has over 15 years experience in the online poker industry. He was recently the Managing director of GreySnow Poker. Prior to this, he worked at PokerStars as the North America Marketing Manager and, more recently, he successfully launched the PokerStars Portugal site in this newly regulated market.
As you can see, The lead team have an immense amount of experience in the gaming and gambling field. They bring a unique set of expertise and connections that will have eGamingFund deliver an amazing product. They also are backed by some extremely strong advisors and partners.
Who is Behind eGamingFund?
There are quite a few big names quietly behind this team and project including WaterDrip Capital, Block VC, New Margin Ventures, and DL Capitals. While you probably haven’t heard of these names, a few have largely invested in some big name cryptocurrencies when they were first getting started. WaterDrip Capital for instance invested with EOS, COSMOS, Quantum Chain, and VeChain, while Block VC invested in QTUM and VeChain. One of the bigger names on the advisors list is Feng Tao, the CEO and Founder of New Margins.
Feng Tao CEO/Founder New Margins
Feng has built up an impressive portfolio of successful enterprises. In 2017, Feng was among the top 3 best venture capitalists selected by Forbes China (with Shen Nanpeng and others). In the early days of blockchain, he was a supporter of INB, OK, NEO, BigONE and Beechat, among others. It seems eGamingFund is in good company with the many winners these impressive advisors and companies have chosen to invest into.
What Does eGamingFund Do?
eGamingFund will largely focus on the development of the freemium model, social gaming, and online gambling content. It is a place where gamers can go to play games, and developers can go to build them. They have developed a simple drag and drop platform for developers and gamers to create games. There are no other platforms that are offering gamers and independent game developers a one-stop-shop to play games as well as develop, test, showcase and license their own game creations to potential suppliers and gaming operators. This is a gamer and developers dream, as both have access to each other. Gamers can create games they want easily and efficiently, while developers can showcase these games to other gamers, all while being under the same roof. This app will also have many different games and content including freemium, social, and gambling.
The eGamingFund Creator is their flagship product and a game changer in the gaming industry. The Creator is a powerful piece of software which hands full control to developers. Creator is essentially an editing kit where no actual coding experience is needed. The software allows users to create and manipulate game projects. This software that eGamingFund provides gives tools for non-devs to become game-devs. On top of all of this, it supports 3D and is compatible with a range of VR and AR devices, including Oculus Rift, HTC VIVE and Microsoft HoloLens.
“Game creators can use the tokenised platform and our drag and drop game creation software to license and distribute content. The entire platform is built upon an underlying blockchain and proprietary algorithms which will create an efficient and fraud-resistant licensing environment.” George McIntosh, CEO Europe and Latin America, eGamingFund
GFG Token and CasinoCoin
GFG is a token built on top of the CasinoCoin blockchain. They will be an open loop system, meaning they will be publicly tradeable, just like CSC. GFG will be the currency used within the eGamingFund ecosystem. eGamingFund built their entire platform on CasinoCoin technology, choosing them over Ethereum and EOS, specifically for their superior tech and knowledgeable team.
“We were hugely impressed by the CasinoCoin team, and its expertise across the field of gaming. We wanted our token to be hosted on a blockchain that is built specifically for this sector, and CasinoCoin fit the bill as the blockchain for gaming.” -George McIntosh
Here is more on CasinoCoin: (https://casinocoin.org/doc/CasinoCoin_Presentation_en.pdf)
Why I invested: (https://medium.com/@HolyK1cks/casinocoin-and-why-i-invested-935ecfb28e54)
Like other tokens, they will be subject to the .25 CSC transaction fee (subject to change based on CSC price) and premium fees, which is yet to be released. This means each and every transaction will cost .25 CSC + premium fee. They will see a considerable amount of transactions from gaming, but also from gambling. They have one major partnership that has already been announced within the gaming and gambling world in WM Gaming, an Asian land-based and online Casino/Hotel Chain. (wmgaming.com)
eGamingFund will bring WM Gaming’s live dealer games into their software so that people in the eGF community can play. You’ll be able to play live dealer games, as well as build and licence your own. They will also add the live dealer product to their game creation platform so gamers can build, licence and market their own live dealer games (using GFG tokens). If that isn’t impressive enough, they also redesigned the WM customer loyalty scheme for all their hotels and casinos. The casino’s loyalty programme will use GFG tokens as both the rewards and virtual currency across the whole chain.
This partnership alone shows how unique and impacting eGamingFund will be in the coming years. They can use their token, just like CSC, within the gambling community, while also focusing on the freemium and mobile gaming market which allows gamers and developers to work under the same roof. That’s innovative and very exciting to see. They will grab a portion of the gambling market ($600 billion per year) as well as a significant portion of the Freemium market.
“The freemium gaming sector was worth more than $110 billion in 2018 and we see this platform grabbing a significant share of this market.”
-George McIntosh
Impact for CasinoCoin
eGamingFund was the 2nd partnership to be announced after Cammegh. This partnership was the first real eye opener for me as an investor in CSC. I hadn’t thought of other use cases outside of the gambling market before GFG was presented. As you will see as you research, there are many many different usecases including: landbased casino applications, online gambling via Bank Roll Manager, data verification/ledgers, loyalty programmes (landbased and online), egaming, and more. Having so many different usecases and companies utilizing CasinoCoin’s superior technology only solidifies how great a product they bring to these companies. Like Cammegh, this partnership is hugely beneficial in many ways. Having such a big Asian connection is underestimated, and will bring many new gaming/gambling token/CSC partners. One has already surfaced with GoodGaming.com, a huge Asian online gambling company with over 1000 employees that does over $1,000,000 a day in revenue. eGamingFund might be the most versatile token the CSCL will ever see, and I for one am really excited to see how much they impact the gaming and gambling world.
Stats:
Token Name: GFG
Supply: 5,000,000,000
Exchanges: Nlexch, Stex, Bzex, WhiteBit
Transactions A Day Estimate: Coming Soon
Links:
More articles: https://medium.com/@HolyK1cks
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