![]() But Kuznetsov decided developing a social casino product on the blockchain makes little sense considering the priority for most social casino players is simplicity and speed. Part of the reason may have been the broad decline in cryptocurrency prices. That was measured in terms of the number of actual crypto payments made, the volume of new users attracted, additional revenue generated, and improvements in player retention and engagement. But actual demand for the KamaGames token sale was less than its most pessimistic projections. Players said they wanted to use cryptocurrency to buy the tokens for KamaGames’ Pokerist app. Last fall, the company tested the waters for interest in blockchain. Players would be rewarded for leaving their tokens untouched, with an expected 11-fold growth if they do so. These chips will then grow in value every day. It did not plan to list it on any of the crypto exchanges.īased on blockchain technology and the Ethereum platform, KamaGames Tokens were primarily designed to give players the best possible return on in-game currency purchases as well as guaranteed bonus chips every day. KamaGames Tokens were to be available as a collection of in-game chips sold in a bulk block at the best price possible. ![]() Nor did KamaGames look for speculator interest related to the token. The company made it clear from the onset that the objective of the token sale was not to attract the interest of investors or their financial backing. It was following the lead of companies like PayPal, Red Bull, Swarovski, and Kik.įor KamaGames, the move into crypto and blockchain had little to do with raising money. By getting people to buy tokens, Dublin-based KamaGames hope to bolster engagement, brand loyalty, and drawn new users. ![]() In games, crypto was hailed as a way to make in-game transactions easier and safer. For Kuznetsov, the jury is still out on whether it’s going to be a valuable and long-lasting addition to the sector as a whole.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |