(https://www.nitro.live/)
Amidst of tokenizing all the digital assets here is another ICO called ‘Nitro’. So what is different? How is it the most promising one? What makes it so big? Why should anyone invest in this platform?
Nitro is the world’s first venture that tokenizes games and is also the first cryptocurrency to be backed by a public licensed company “iCandy”. The idea will help to develop an ecosystem with active participation from gamers and potential investor and strengthening the small developer thus in turn empowering the whole ecosystem by promoting the growth of the industry as a whole. Find more information on Official Website (https://www.nitro.live/)
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Benefits for Gamers
Playing games is no more a leisure activity with ‘Nitro’ people can simultaneously invest in the games they love and get incentives for participating and hence enabling gamers to participate in the ‘video-game economy’. The video game business approximately yields 110 billion dollars per annum which is largely controlled by oligopolistic large corporate actors and the entry level developers rarely receive the necessary funding; “Nitro” bridges this gap by enabling users to vote for their favorite games and thus contributing in the direct funding of their favorite games.
By buying the Nitro’s cryptocurrency called “NOX” gamers can directly participate in the video game economy and can use it for in game purchases and for receiving rewards proportional to their investment.
How does is work and what makes it big?
‘Nitro’ is the only blockchain based cryptocurrency that is backed by a public listed company called iCandy which already has a marketplace with over 348 million gamers on board. The challenges that the gaming industry faces is the monopoly of a few companies that nearly control 75% of the current profit and the promising studios rarely get the necessary funding needed to develop new games. Video game industry makes 9 times as much money as Hollywood which is indiscriminately distributed amongst few big cooperates and hence ‘Nitro’ aims to democratize the video game economy and integrating all the stakeholders of the industry onto one single platform.
Backed by a public listed company ‘Nitro’ is extremely safe and secure to put your money on. With over 348 million existing users and other also collaborating with this extravagant venture it is definitely going to become the biggest marketplace online for gaming in future hence reducing the ‘publishing cost’ by easy connectivity to such humongous audience which in turn solves another crucial problem of the gaming industry. (https://www.nitro.live/)
How are various Developers & Stakeholders Benefited by this Venture?
The new entry level studios find it really difficult to receive funding and even if they receive the funding they are not able to reach the audience properly as the publishing cost is humongous. With ‘Nitro’ these studios will not only receive the funding they deserve but they can also connect with the large audience on ‘Nitro’s’ marketplace thus by providing easy outreach ‘Nitro’ reduces publishing costs. It also provides hassle free transactions for both gamers and the studios getting funded thus increasing accountability of gaming studios directly to the gamers and hence helping in diversification of the industry.
Promising game studios (PGS) have great potential yet to be unveiled and platform like ‘Nitro’ will surely explore the possibilities in them by giving them the necessary ‘weapons’ for their ‘arsenal’ and thus strengthening their building capacity.
Nitro is thus currently the only blockchain based cryptocurrency platform available in the 100 billion dollar gaming Industry making it the most lucrative platform worldwide. The background check on ‘Nitro’ reveals that it is launched by the iCandy interactive limited who are already gaming industry veterans with a great track record and this entirely eliminates the fear of investment in this ‘new project’. The presale is currently going on and has a specific discount on the ‘NOX’ token for the early investors. 60% of the revenue share received by ‘NITRO’ in NOX will be purchased on exchanges and converted into BTC/ETH/Fiat to fund new games and the remaining 40% for operational costs and rewarding NOX holders.
In conclusion Nitro is an extremely promising venture with great possibilities for unlimited expansion and rapid growth. The risks attached are negligible and obsolete and hence is the current investment of choice not only for gaming enthusiasts but also for potential investors.
On Going ICO
-Nitro Live ICO Pre Sale is currently live @ (https://www.nitro.live/)
-30% Pre sale bonus as a welcome incentive for early participation
Link to Nitro Whitepaper: (https://www.nitro.live/whitepaper.html)
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MY ETHEREUM ADDRESS: 0xA177F7f56164B2c66Dffd99248dB610C35Af3843