NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

MobileGO Crowdsale Raises Over US$6m In First 24 Hours

newsbtc
newsbtc
8 years ago
2 mins read
NewsBTC MobileGo-ICO

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Any project focusing its attention on the mobile gaming ecosystem is bound to do well. That is especially true when combining this concept with blockchain technology. MobileGo is currently holding their crowdsale, and they raised just over US$6m so far. With still 29 days left on the calendar, it is evident this project will easily raise double-digit millions over the coming weeks.

The past few months have been quite exciting for the entire MobileGo team. After all, nearly two years of development finally paid off and result in a platform that will revamp the mobile industry as a whole. Combined with the Gamecredits store, there is nothing MobileGo can’t accomplish over the coming years. Additionally, the team also spent over US$1m in funding on developing this platform to date, which is quite a significant amount.

A Good Start For The MobileGo Crowdsale

So far, over 300 mobile games are supported already on the store, with several hundred more to come throughout all of 2017. The MobileGo tokens currently issued as part of the crowdsale will be used to purchase games and in-game items alike. Additionally, users can put together MobileGo token prize pools to hold their own tournaments and competitions. It is evident this project will be at the center of mobile gaming esports moving forward.

With over US$6m raised so far, there is no denying investors are quite keen on what MobileGo has to offer. This money will be used for direct marketing of the platform and pay for specific licenses and fees when necessary. Moreover, 20% of all raised money will be used for further development of the platform, as well as decentralized tournaments and gamer-to-gamer matchmaking. As more money is raised, the platform will become even better.

There is an inherent value to buying MobileGo tokens as well. The MobileGo team plans to initiate a buyback procedure of all tokens, and they will use 10% of the revenue generated by their platform to do so. Tokens bought back by the team will eventually be destroyed by sending them a “burn” wallet. This increases the value of all remaining tokens, which brings more value to the investors. As the crowdsale raises more money, the platform attracts more players and increase revenue gained. More revenue means more tokens will be bought back and taken out of circulation.

There is a huge untapped market of mobile gamers out there waiting to be conquered. Mobile gaming is becoming more important and the industry generates more revenue every single year. MobileGo will be a big part of this ecosystem moving forward, that much is evident. Participating in the crowdsale can be done with ETH, WAVES tokens, Bitcoin, GameCredits, and ANS tokens. There is still a 15% discount available for early investors for the next six days.

Header image courtesy of MobileGo

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why Smart Crypto Money is Backing SpacePay's $1.1M Presale Run

Why Smart Crypto Money is Backing SpacePay’s $1.1M Presale Run

SpacePay’s presale has surged past the $1.1 million mark as investors recognize the potential in crypto payment solutions. The SPY...

ericdunne519 1 week ago
青色のプレゼントボックスの上にあるBTC

Bitunixボーナスキャンペーン開催中|最大710ドルの獲得手順

世界中のトレーダーに選ばれている暗号資産(仮想通貨)取引所 Bitunix が、新規ユーザー向けに最大710 USDT相当が獲得できる特別キャンペーンを実施しています。 期間は2025年3月18日から...

rinsuzuki 2 weeks ago
Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Cryptocurrency has been around for years, but most people still can’t use it to buy their morning coffee. That’s starting...

ericdunne519 2 weeks ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

SpacePay (SPY) Token Presale

SpacePay (SPY) Token Presale: Could This Be the Key to Real-World Crypto Payment Adoption?

ericdunne519 3 days ago
Unlock SPY Potential

SpacePay: Where Dogecoin and XRP Meet Real-World Payments

ericdunne519 4 days ago
Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

ericdunne519 1 week ago

Premium Sponsors

Press Releases

  • DL Mining Revolutionizes Cloud Mining with Sustainable...

    2 days ago
  • Bitcoin mining revolution! Cloud mining profits increased...

    2 days ago
  • 2 kryptowaluty z niezwykle wysokimi wycenami, które mogą...

    2 days ago
  • 2 kriptovalute s iznimno visokom procjenom koje bi mogle...

    2 days ago
  • Whales Quay Lại Với Meme Coin Sau ATH Của Bitcoin –...

    2 days ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.