Cryptotech-based token system will be going live in Summer and will reward players
RAWG, a video game discovery and social media platform powered by gamers also known for being the ‘IMDb of games,’ has announced that the platform is pushing forward and making a new step into a new way of revenue sharing in the games industry. RAWG tokens are an all-new internal currency for the platform that will reward gamers for using the platform and for items such as in-game achievements.
RAWG Tokens utilizes the power of Cryptotech and secures its value with advertising. One token is equal to 10 impressions of premium ads on RAWG and can be exchanged for partner offers or traded for goods and services. For now, RAWG’s partners are Playrix, Game Insight, Xsolla, Gaijin Entertainment, and Wargaming but this list will expand soon. Rawgers just need to play their favorite games and sync their achievements, and they will be rewarded with tokens. Achievements are one of the best ways to estimate users’ time and skills invested in a game, now Rawgers on average have more than 1,000 of them in one profile.
Rawgers have already created one of the largest cross-platform video game databases ever created with a multitude of useful data to other players. RAWG uses this data to build a robust recommendation system that helps players discover good games to play based on other players data. Using the token system, RAWG will reward its users for syncing their data and contributing to the community.
RAWG Tokens will be going live in the summer of 2018. To achieve this timeline, RAWG has also announced a crowdsale with a target to raise $10 million in two rounds, some of which has already been raised.
“We’ve closed the soft cap with $2M from Crypto Bazar, who are professional pre-ico investors,” said RAWG founder Gadji Makhtiev, “Now, we are working to secure next $4M from crypto investment syndicates as a goal. However, the main round for us is the last one. It will be launched later this spring and we are going to build a community of gamers supporting RAWG and the idea that achievements are worth something real.”
“The gaming industry is the best place to integrate Cryptotech. The ideas of loyalty programs and in-game currencies, sometimes even with the ability to convert them into real money, are familiar to gamers. There was no service rewarding gamers for playing any game on various platforms without restrictions or obligations,” said RAWG COO Dasha Lyalin, “We will do this, and I want to invite everybody to this journey to change playing rules on the gaming market.”
RAWG TOKEN SYSTEM KEY FEATURE LIST
- RAWG tokens rewarding program will start this summer
- Users will be rewarded for rare in-game achievements in games they played on platforms synced with RAWG account (Steam, PSN, Xbox for now)
- Users will also be rewarded with RAWG tokens for activities on RAWG as creators or editors
- Tokens could be changed to any goods, services or discount from RAWG’s partners (Wargaming, Gaijin Entertainment, Xsolla, Game Insight and Playrix for now, the list will be expanded)
- Tokens could be changed, gifted or sold by users through any way accepted by their local law
- Advertisers could buy Tokens on the market and change each one for 10 views of premium display advertising on RAWG
RAWG KEY FEATURES
- The vast content-rich database of over 56,000 games and 15,000 game creators.
- Unique UGC-tools including games collections and emoji reviews.
- Automatic synchronization of games from Steam, PSN, and Xbox (the list will be expanded).
- Social features to follow friends and celebrities and watch their gaming experience in one place.
- The personal gaming library with stats about platforms, genres, developers, etc.
- The release calendar.
RAWG.io is a video game discovery platform that converts your skills into goods and services. Dubbed “the IMDb of games,” it boasts a database of 15,000 developers and over 56,000 games across half a hundred platforms. RAWG promises to be the first service to recommend games based on cross-platform data and already supports synchronization of Xbox, PlayStation, and Steam profiles. The team believes that gaming requires lots of time and skills, but doesn’t duly reward players. For this purpose, RAWG has announced a crowdsale to take place in April bringing RAWG tokens to the global gaming community.
Related: Amazon Appstore Launches CHALLENGES to Reward Customers for Games and Apps Achievements
I have always enjoyed playing video games and am a programming team lead for a video game company. I co-founded Gaming Cypher because I enjoy the gaming community and would like to provide the best news service around. Feel free to ask me any questions and I will make sure to get back to you quickly.
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