LOS ALTOS, Calif., Jan. 31, 2017 /PRNewswire/ -- Augmentors, a
game created by Michael Deon is the first ever
Blockchain-based augmented reality game in existence. The game,
backed by some of the leading investors from Shark Tank South
Africa, has announced an ICO of its DataBits crypto tokens (DTB)
starting today, January 30, 2017.
Augmentors will award early investors that participate today with
an extra 20% of DataBits. The ICO will run alongside the ongoing
bounty campaign (started on January 23,
2017) to end on February 28,
2017. Augmentors has successfully
raised over 250 BTC within the first 6
hours of the ICO.
The Augmentors game is a 3D modeled augmented reality fantasy
game consisting of 50 rare creatures, known as Augmentors. Each
Augmentor is capable of unique attacks, spells, and movements. They
also have their own origin, backstory and can be trained, traded or
even swapped between players. The concept behind the gameplay and
its seamless integration with blockchain technology has been
recognized by Vinny Lingham, a
Silicon Valley entrepreneur known for his association with Bitcoin
and Blockchain-based identity startup, Civic. Joining Vinny on the
deal is the Group co-CEO of the largest African advertising agency
— The Creative Counsel and board member of Grotech venture capital
tech fund, Gil Oved.
The game has already raised investment through Shark Tank and it
also ran a successful pre-sale showing appetite for the game among
both gaming and cryptocurrency communities. Through the DataBits
ICO, the game platform now intends to raise the rest of the
$1 million required to complete the
game development. Augmentors has created a total of 100,000,000
DataBits, 70 percent of which will be made available to investors
during the ICO. The remaining 30 percent will be split between
development, marketing and promotion of the game. Those purchasing
DataBits packages during the token sale period will also receive a
selection of rare, one-of-the-kind creatures relative to their
contribution size.
"It's been a long but exciting journey to conceptualize the
mechanics of the game, design the 50 characters and their stories,
as well how the token sale will work,"
Said Michael Deon, the creator
and founder of Augmentors. He added,
"We think what sets this game apart is that backers of the
game will have real ownership of their characters and the in-game
currency, DataBits,"
ICO Structure
The first Augmentors ICO went live today on January 30, 2017, with the aim of raising
$1 million, required for completion
of the game. During the 30-day ICO ending on February 28, 2017, the DTB tokens will be
available in a ratio of 15000DTB: 1BTC. The ratio of DTB tokens to
BTC will be reduced by 1000 at every 5 day intervals throughout the
ICO period. Even if the platform fails to raise the required
$1 million by the end of the
stipulated timeframe, all funds raised will be directly put to use
for developing the Alpha version of Augmentors, set for release by
the end of May 2017 on Google Play
Store and the App Store. The Beta version will soon follow.
Meanwhile, throughout the development process, the team will
continue working on updates and new game features to create a
wholesome game experience for the players of Augmentors. Upon
completion of the ICO or the goal of $1
million, all unsold DTBs and Creature tokens will be burnt
to protect the tokens' value. The team will continue development by
utilizing all the funds raised till date to ensure its completion
on time.
Bounty Program
The Augmentors Bounty Campaigns offers an additional way for
gamers and cryptocurrency enthusiasts to earn DTBs. Each campaign
has a stake attached to it, which can be earned by completing the
stated objectives. The detailed structure of all bounty campaigns
is explained on the website's "Bounty Campaign" section. The bounty
distribution will be executed according to the campaign structure,
and the allocated DTBs for each campaign will be divided amongst
all its participants.
The number of stakes each participant accumulates will be
divided by the total number of stakes accumulated in each section
and later multiplied by the total number of DTBs allocated to each
bounty campaign to determine the share of each participant. The
table of participation for each part of the bounty program
is available here.
Pre-Sale Success
In order to realize its vision of interplayable in-game assets,
Augmentors had organized a pre-sale of DataBits tokens, exclusively
for the backers of Spells of Genesis. During the presale, held
between 5th and 11th December 2016,
the platform offered a limited-edition collaboration creature —
"Genesis of Light" interplayable on both Spells of Genesis and
Augmentors. During the pre-sale, Augmentors raised a total of 45.2
BTCs, equivalent to $42,400 by
selling 678000 DTBs. Early investors in Augmentors bought 67 units
of Genesis of Light. Additional 20 units were sent to Spells of
Genesis and the remaining unsold 913 units were ultimately
burnt.
About Augmentors
Augmentors is a blockchain based augmented reality game created
by Michael Deon and Kyle
Haffendon. All the game elements are backed by Counterparty tokens
that run on the Bitcoin Blockchain.
Interested investors can take part in
the Augmentors ICO here.
Learn more about Augmentors at
– http://www.augmentorsgame.com/
Watch the Augmentors Shark Tank South Africa video at
– http://m-net.dstv.com/show/shark-tank_364/videos/shark-tank-sa-ep-7-augmentors/videos
Know more about DataBits at
– http://www.augmentorsgame.com/databits/
Spells of Genesis – http://spellsofgenesis.com/
Media Contact
Contact Name: Lianne Byrne
Contact Email: lianne@newtownpartners.com
Location: Los Altos, California
Disclaimer: This press release may contain certain
forward-looking statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or
intentions regarding the future. Readers are cautioned not to place
undue reliance on forward-looking statements, as there can be no
assurance that the plans, intentions or expectations they are based
on will occur. These statements include numerous assumptions, risks
(known and unknown) and uncertainties. The content of the press
release is for informational purposes only and it doesn't
constitute investment advice. Readers are urged to make investment
decisions at their own discretion and the company will not be
responsible for the outcome of such decisions.
Augmentors is the source of this content. Virtual currency is
not legal tender, is not backed by the government, and accounts and
value balances are not subject to consumer protections. This press
release is for informational purposes only. The information does
not constitute investment advice or an offer to invest.
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SOURCE Augmentors