Jan 03, 2018, 04:36 ET
SAN JOSE, Calif., Jan. 3, 2018 /PRNewswire/ -- Following an oversubscribed and successful pre-ICO last month, Gameflip, the veteran Silicon Valley gaming marketplace, has officially achieved its ICO hard cap goal of 12,000 ETH. The sale will be extended, as agreed prior to the sale start, 72 hours past the point of time the hard cap was met. This final closing time will occur at 4 p.m. EST on Jan. 4, 2018.
Crypto and global media have been buzzing about Gameflip, which has been highlighted as a prime example of a successful Silicon Valley startup turned ICO. Gameflip's digital goods marketplace has 2-plus million gamers with millions of USD in transactions each month. With FLIP, its digital token and ecosystem, Gameflip is extending its proven marketplace onto the blockchain — creating significant value for gamers and game publishers.
LAST CHANCE TO PARTICIPATE
Interested investors can still participate through the closing date by visiting the token sale website. Currently, investors can take advantage of a 10 percent discount bonus for both Bitcoin and Ethereum contribution. To date, over 2.5 million FLIP tokens have been purchased, deriving from roughly 100 Bitcoin and over 10,000 ETH in contributions.
One way Gameflip stands out from other gaming ICOs is with its focus on game publishers. Gameflip has reserved 40 percent of the total supply of FLIPs to incentivize publishers by allowing them to sell these FLIPs to their community and keep up to 100 percent of the proceeds. Gamers will also be incentivized by having access to a liquid marketplace that is safe, transparent and reliable.
"We are incredibly excited about the strength of our community and the real value everyone sees in Gameflip. This sale has been a true testament to this and I speak for the whole team when I say we are excited to build out this vision in 2018," said JT Nguyen, CEO of Gameflip.
Ijji, Inc. (doing business as "Gameflip") is a corporation based in San Jose, California, USA, and funded by Silicon Valley venture capital funds and other investors. The Gameflip management team has decades of combined experience in the gaming industry, as game developers and publishers in prior capacities, and now as digital goods marketplace operators. The Gameflip digital goods marketplace has more than 2 million registered users and 500,000 monthly actives.
The FLIP token sale is only available to purchasers who are: (i) not "U.S. Persons" (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) and not purchasing for the account or benefit of any U.S. Persons and (ii) eligible to purchase FLIP tokens under the applicable laws of each such purchaser's jurisdiction.
Name: Jared P.
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