Interactive KAMAGAMES
Te Social Poker Network
The gambling and betting industry has provided fertile soils for the first green shoots of Blockchain and Cryptocurrency with a series of Initial Coin Offerings.
Andrey Kuznetsov, CEO, KamaGames
Te release of the KamaGames Token by KamaGames, the largest social mobile poker operator in Europe, on September 24 will be unique in a few different ways, firstly due to the size of its player base. It boasts Daily Active Users of over 530,000 and a download of over 1m. Its’ flagship title Pokerist, was the #1 grossing app in 101 countries on the App Store and one of the Top 5 grossing apps in 45 countries on Google Play.
In terms of mindset, its player base won’t be doing anything differently. It has been brought up on a business model of only being able to purchase in-game chips that can’t be redeemed for cash and so stay forever in the KamaGames economy. KamaGames makes 99.5 per cent of its revenue from these in-app purchases. Tis is also the first token sale ever to be held by a social casino gaming company.
Partnerships with Manchester United and Apple TV have followed as did further games, tournaments and party modes. This year in March, it launched its first slots application, which is the number one game for removing chips. It has more table games on the conveyor belt for this year including Teen Patti, designed especially for players in India, as well as 10 more slots.
P104 NEWSWIRE / INTERACTIVE / MARKET DATA
KamaGames burst into the social space with the launch of its Pokerist Texas Poker game in 2010 using model Carmen Electra as the face of the game. With it being a peer-to-peer game with an almost non-existent rake, the virtual chips stayed in the economy of the game so it later added 3D roulette and 3D Blackjack both using the –“ist” suffix made famous by its predecessor to better control the economy and take the chips out of the game. Partnerships with Manchester United and Apple TV followed as did further games, tournaments and party modes. Tis year in March, it launched its first slots application, which is the number one game for removing chips. It has more table games on the conveyor belt for this year including Teen Patti, designed especially for players in India, as well as 10 more slots.
Working in a similar method to other tokens, the
KamaGames Token will use existing Blockchain technology and the Ethereum cryptocurrency platform. Just like the everyday purchase of in- game chips by the existing player-base, they will be available as a collection of virtual currency chips but will be sold in a bulk block at the best price possible, giving players a much better playing value if not quite a return on their investment. Over time, players will be able to exchange KamaGames Tokens for a higher and higher number of chips. Te most patient of players will be rewarded with a maximum 11- fold growth for leaving their tokens untouched.
Andrey Kuznetsov, CEO of KamaGames, explained the thinking behind the offer: “We want to offer products at the cutting edge of technology and always try to offer something new and exciting to our players. We have games for all age groups, demographics and territories. Te KamaGames Token sale is a fantastic opportunity to not only thank our players but to also show how KamaGames is passionate about embracing new technologies. We are the first social casino developer ever to offer a bespoke cryptocurrency to our players.”
Te offer will have a global reach. Chips will be available at their best ever price and players can buy with bank cards, wire transfers or
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