KamaGames Social Poker Operator Launches KGT Token ICO and Rewards Program
KamaGames, the fast-rising social casino operator in Europe has announced new initiatives aimed at attracting new players as well as rewarding existing clients.
The flagship title of this casino is called Pokerist, and it is among the top ten highest grossing Google Play apps across over 45 countries. KamaGames creates games that are enjoyed all over the world, from America and Europe to India and the Middle East.
Even though social casino gaming is not banned in China, there is no official stance about that market segment either from the state. However, KamaGames was adamant that it would continue with its normal operations within the country and give Chinese citizens access to their games until it receives any official government guidance.
In the last financial year, the firm reported high gross profits of over 50 million dollars. The gains represented a 63% increase from the previous year, along with an increase in daily active clients to over 500,000. The first half of 2018 has also proved to be quite profitable with active users increasing significantly as compared to the same time last year. The gross revenues have also grown considerably, and the firm is on course to beat its previous profit records from 2017.
About KGT Tokens
The token sale through the selling of Ethereum-based KGT tokens will allow players to buy the in-game digital currency at lucrative rates. Also, any KGT purchased during the sale will attract bonus chips for the clients that are renewable each day over the next six months.
KamaGames is committed to giving its players something exciting and fresh every time, and this KGT token launch is a great example. The firm considers this sale a wonderful chance to reward its players for using their platform but also for showing how it is dedicated to embracing upcoming technologies. KamaGames will be the pioneer social casino to provide a custom crypto coin to its players.
KGT tokens will only be exchangeable for the required in-game currency through the official account of a specific player. Once the player purchases the KGT tokens, they can start redeeming the daily free chips along with other bonuses or discounts that the casino may advertise. Also, any player who doesn’t spend their KGT tokens will earn up to eleven times the growth over some time.
Token Sale Information
It must be clear that the sale of KGT tokens is not necessarily an ICO as it is not designed to crowdfund, but instead, it offers a new method that players can use to get in-game cash. Token sales and ICOs are two terms that are reciprocally used when referring to events to raise funds. However, while ICO refers to that initial offering of a cryptocurrency, token sales can mean selling tokens for a myriad of reasons.
Pokerist, the flagship game title created by KamaGames, has performed very well since it was released. The company is committed to further enhancing the app, and other games by adding new innovative features. Social casinos and mobile gaming markets become quite lucrative nowadays.
KamaGames has positioned itself to reap from these billion-dollar markets.
You may be interested
Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 29 – CointelegraphEditor - April 29, 2019
[ad_1] Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 29 CointelegraphPrice Analysis. The views…
(BTC) Bitcoin Price Prediction 2019 / 2020 / 5 years (Updated 04/29/2019): BTC/USD Rises From Support – BeInCryptoEditor - April 29, 2019
[ad_1] (BTC) Bitcoin Price Prediction 2019 / 2020 / 5 years (Updated 04/29/2019): BTC/USD Rises From Support BeInCryptoHow will Bitcoin (BTC)…
Litecoin (LTC) price analysis: LTC/USD hovers below $70.00, more sell-off is possible – FXStreetEditor - April 29, 2019
[ad_1] Litecoin (LTC) price analysis: LTC/USD hovers below $70.00, more sell-off is possible FXStreetLitecoin (LTC) peaked at $99.47 on April 3…