Jared Psigoda introduces BitGuild, a blockchain based gaming platform that enables gamers to own, sell and trade their in-game assets.
BitGuild is a decentralized platform created for a new class of games that live on the blockchain. As Jared Psigoda explains, BitGuild aims to change the gaming industry by giving power back to the gamers and letting them fully own their in-game virtual items, equipment and currencies, instead of having companies own and control all the assets, which is the current status quo.
BitGuild’s team consists of gaming veterans from all over the world. They have a deep understanding of what gamers want and need, and how this massive, increasingly competitive industry functions. Bitguild is building a platform that will serve both gamers and developers and offer blockchain games, auction space, item wallet, as well as their own token, called PLAT, that can be used in various ways on the platform. The goal is to create an infrastructure for the gaming community, where games can be crowdsourced, gamers can trade their items cheaply and safely, and where the assets can be compatible between multiple games. Bitguild is mainly focusing on free-to-play games.
BitGuild has just completed their token sale on April 5th. They sold 4.5 billion PLAT and raised 36.000 ETH. The next step is launching the preliminary gaming portal website in May and launching their first game. By the end of 2018 they plan to release 4-6 games in cooperation with their partners, small game developing studios and blockchain companies.