When Blockchain Meets Street Fighters

Last year saw an explosion of interest for Bitcoin and Blockchain technologies: applications that allow transparent and decentralized interactions between users with information being recorded on a public ledger kept on all computers in the network. Blockchains like Ethereum are already valued at tens of Billions of dollars with a more than tenfold growth in the past year alone.

Blockchain

In this context, comes a new player: Built on the Ethereum blockchain, Gimli is the decentralized application for live stream bets and interactions, including votes, donations and tournament prize pooling.

Built by a team including professional gamers like street fighter IV world champion, the platform empowers streamers by enabling them to connect directly with their audience, increase and control novel revenue opportunities.

As the first blockchain based platform in eSport, the use of decentralized ledgers opens the door for Gimli to solve fundamental needs of this huge market, and disrupt the whole video game industry.

One of the key thing going for them is their team: built by a team of eSport insiders, Gimli is led and backed by blockchain technology experts, world renewed professional streamers and gamers, and financial investors. They have built a large network of internationally followed streamers and professional gamers with more than one million twitter followers.

Their business model is designed to create profits for streamers when their fans use Gimli, thus creating viral users adoption. Streamers who use Gimli decide what digital fee to charge their viewers for each functionality, creating an entirely new source of revenues and way to monetize their large audience. this encourages viral growth as streamers promote Gimli to their millions of viewers.

As is fashionable – and hugely successful lately – Gimli is organizing a crowdsale where they will be selling tokens to early buyers. This Initial Coin Offering, as it’s called in the industry jargon, is expected to start in late July and last for 7 days. However, in light of recent sales that were fully funded in less than a minute, anyone interested shouldn’t wait too long.

More information can be found on Gimli websites

I'm Kelly Hood! I blog about tech, how to use it, and what you should know. I love spending time with my family and sharing stories of the day with them.

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