The Cryptum ICO looks different than most crowdsales of tokens we’ve seen lately and if you are following us closely you know that we are not big fans of ICOs. It is not a single project, but a network of projects funding board games publishing with an interesting concept of providing supporters with returns of investment. More importantly the first game being released is called Blockchain: The Cryptocurrency Board Game. The Cryptum tokens issues by the project will be used for free access to all board games Cryptum is publishing (not only the Blockchain game) and there are already plans for 4 games and 5 expansions. Cryptum will use the funding acquired from the crowdsale of tokens for three main projects – board game development, crypto mining and the release of a new cryptocurrency, plus maybe some small extra crypto currency related projects like an ICO listing website:
– Board games with 20% to 40% “shared profit” paid after each of the games Kickstarter campaigns, including the Blockchain: The Cryptocurrency Board Game. – Mining project starting with 50% shared profit and lowered gradually to 30% by the end of a 2 year period after which the mining profit will be used only to fund further development of board games. Cryptum will pay back between 20% and 50% of the profits through optional claims (to avoid regulation and listing prohibitions in some exchanges and regions). When we initially heard about the idea for the Cryptum project we were quite interested and wanted to take part in it, especially the part about the Blockchain: The Cryptocurrency Board Game.
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