Hungry Panda Games – eSports Ethereum Gaming Cryptocurrency?
Hungry Panda Games is an Ethereum powered game ecosystem. Find out everything you need to know about the independent game studio today in our review.
What Is Hungry Panda Games?
Hungry Panda Games, also known simply as HPG, is an independent game studio made up of ex-AAA developers. The studio is based on the Ethereum blockchain.
The goal of Hungry Panda Games is to facilitate the use of cryptocurrency in gaming – particularly in the eSports industry.
The official HPG website explains that the company “will break preconceived notions of what games can be by exploring the creative and market possibilities of the medium.”
To launch the platform, HPG has issued an ERC20 compliant smart contract token called the Hungry Panda Coin, or HPC. The ICO is scheduled for July 18 to August 18, 2017.
Hungry Panda Games ICO
The Hungry Panda Games ICO is taking place between July 18 and August 18. The minimum goal is 500 ETH. A total of 60,000,000 ERC20 compliant Hungry Panda Coins are being issued, with 40,000,000 of those coins being available through the sale.
The token exchange rate is 1 HPC for 1 ETH. Hungry Panda Games is only accepting ETH, and there’s a minimum transaction amount of 10 HPC.
10 million tokens will be held in a multi-signature wallet and are intended for future contributors and stakeholders, while 10 million will be distributed among team members.
The funds will be used to develop game projects and initiatives created by Hungry Panda Games, including research and development, operations and legal, and marketing and eSports initiatives.
Why would you buy Hungry Panda Coins? How will the coins be used? HPC is a functional token that will be used as in-game currency in HPG games. It will also be used to perform other functions in the HPG ecosystem.
Hungry Panda Games Projects
Hungry Panda Games is a game development company, so it makes sense that the company would have games in development. However, the official HPG website only mentions two games, both of which are labeled with “details coming soon”. We have one piece of artwork from the first game, while there are no absolutely no details associated with the second game:
- Forge Your Destiny
- Battle of Atlantis
It’s unclear how either of these games will work, or what type of games they’ll be. However, it seems like they’ll be competitive games targeted towards the eSports space.
Hungry Panda Games Goals
What does Hungry Panda Games hope to accomplish in the future – aside from releasing two games? Here are some of the missions outlined by the HPG team so far:
- Develop game titles targeted towards the eSports community
- Add the cryptocurrency monetization model into the AAA game ecosystem
- Give gamers more flexibility and ownership over their game accounts
- Give the token community flexibility within the bonus payout model
- Ensure the ERC20 tokens retain their value by fortifying them with standard monetary currency
Create an industry-leading blockchain-based business that utilizes a proven business model, large and well-known market, and familiar revenue strategy.
Who’s Behind Hungry Panda Games?
Hungry Panda Games describes itself as “an independent game studio made up of ex-AAA developers powered by the Ethereum network and eSports.”
The organization was founded by JC Brackens, best-known for being the Chief Operating Officer of a game studio called Sparkjumpers – a position he held until just recently. Altogether, the HPG team accounts for 30+ years of gaming experience. They plan to put that experience towards building critically-acclaimed games relying on blockchain technology.
You can visit the official HPG website at www.hpgesports.com.
Hungry Panda Games Conclusion
Hungry Panda Games is a game studio made up of AAA game developers. The company has two main games in the works, including Forge Your Destiny and Battle of Atlantis. No details have been released for either game at this time.
However, the studio is focused on the eSports community, and plans to combine blockchain functionality with the competitiveness of eSports. It’s a game development studio built on the Ethereum blockchain.
The Hungry Panda Games ICO is taking place throughout July and August. During the ICO, you can exchange your Ether for Hungary Panda Coins (HPC). The tokens will be available for use as in-game currency and to perform other functions in the HPG ecosystem.
You can learn more about the Hungry Panda Games project today by visiting HPGeSports.com.