What Is Kayo Credits?
The KAYO Credits Platform would be an ecosystem where Gamers can earn by monetizing their skills. It would work as a platform for gamers to set up shops for their services, it will also work as in-game assets trade validator, utilize powerful escrow system for fair and fast transactions, and would work as on/off game Wagering platform through utility tokens. All this would be monetized by KAYO Credits as a currency which comes with robust features and tool sets.
Kayo Credits Blockchain Gamers Rewards System Benefits
Kayo Credits is beneficial for all gamers, Game developers/content creators as well as communities. With the Kayo Credits in their Wallet, the gamers can challenge other gamers or rent out their services as mentors, drill instructors, coaches and rival challengers to improve their skill set by challenging high-level gamers.
It's fair and fast escrow system helps to secure the win amount in a challenge. It enables them to buy/sell without cheating and to compete with others for rank and earning of Kayo Credits. It also allows you to get the member profiles through 3rd party gaming platforms like Steam, and mobile gaming platform API. Create a team to compete with other teams and earn more kayocredits.
The game developers/ content creators can sell other game assets on the Kayo platform. They can set up a virtual goods store with time-limited/subscription based goods. No chargeback on cancellation, minimal transaction fees and decentralized payment platform with no mediators.
The communities can support their favorite gamers and games here. They can earn by participating in the fair betting system on matches and third-party games with the Kayo smart Wallet.
Kayo Credits KYO Token ICO Details
KAYO Credits will be a utility token with a hard cap of 1 Billion. 20 KYO can be bought with $1 and the maximum possible amount of Kayo for sale is 1 Billion. The actual amount of Kayo to issue will be known after the token sale. The presale will start on May 30th, 2018, which will be closed on June 30th, 2018.
The Main token sale is to be announced. BTC, ETH, LTC, USD, GBP, and EUR are the currencies accepted with a minimum purchase amount of 1ETH or $500 in the presale. A bonus of 30%-10% will be available for the presale from April 30th- June 30th but no bonus will be there on main token sale.
Distribution Of Funds
- Platform Development: 53%
- Operating Expenses: 12%
- Legal Expenses: 4%
- Marketing and Advisory Board: 25%
- Bounty Program: 2%
- Other Expenses: 4%
Kayo Credit Conclusion
An explosive growth has been experienced by the global gaming market that reached US $108.9BN in 2017 and is estimated to reach the US $128.5BN by 2020. Around 2.2 billion gamers across the world are expected to generate US$108.9 billion in-game revenues in 2017. Mobile being the lucrative segment, it claims 42% of the market.
It is expected that mobile gaming will represent more than half percent of the total games market by 2020. Looking at this data it seems clear that KAYO has put themselves in the position to become industry juggernauts.
More information about them is available on kayocredits.io/