Cryptocurrency

Bitcoin Holders Could Get More Profit with IQeon's Gaming Platform

IQeon operates a decentralized gaming network that merges games with cryptocurrency. The platform's player-versus-player system lets 97% of gamers earn money from in-game achievements—a feature most g

By Aubrey Swanson··1 min read
Bitcoin Holders Could Get More Profit with IQeon's Gaming Platform

Key Points

  • IQeon operates a decentralized gaming network that merges games with cryptocurrency.
  • The platform's player-versus-player system lets 97% of gamers earn money from in-game achievements—a feature most g

IQeon operates a decentralized gaming network that merges games with cryptocurrency. The platform's player-versus-player system lets 97% of gamers earn money from in-game achievements—a feature most gaming platforms don't offer.

The company launched its token sale on January 30, 2018, with a closing date of March 13. The offering is in its fifth and final round, running for two weeks and giving buyers an extra 5% in tokens. Investors can purchase IQN using Bitcoin.

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Players can wager on game outcomes or challenge others to side bets. The stakes from both sides feed into a prize pool. The winner takes the full amount. Smart contracts record the betting terms on the blockchain and guarantee payouts without intermediaries.

The company has signed 27 partners and is negotiating with game developers to bring their titles onto the platform. After the ICO closes, IQeon plans to seek listings on major exchanges to enable IQN trading.

ABA Marketing Group is among the largest backers—a venture fund managing around $100 million in assets. Investors funded the pre-ICO so heavily that the startup closed that round ahead of schedule.

IQeon already operates IQClash, an intellectual game featuring logic-based quizzes. Users can download it on Google Play or the App Store.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

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