Eloplay is an e-sports platform that seeks to enable players and organizers hold smart tournaments. The platform achieves it by allowing players to hold prize pools in their tournaments that are decentralized. One key advantage about this platform is that it seeks to encourage professional sportsmen/women to come on board to the platform.
The platform has been around for quite some time. As a result, it has managed to amass a number of players. As of the last count, there were close to 100,000 registered players on the site. Even though it started as a platform that sought to offer only one game, it has grown over the years into a multi-faceted gaming platform that seeks to provide a harmonized environment through which e-sporting activities can be carried out. Some of the notable games that have been organized and played on this platform includes Counter-Strike: Global Offensive, Dota 2 and League of Legends.
Not only does the platform organize the tournaments on its own but it also seeks to work with other notable entities to do so. The site seeks advertisers from interested brands that may want to target the e-sport population. This is quite a large number. As of 2017, there were over 400 million e-sport fans across the world. Some of the notable brands the platform has partnered with EloPlay are AdEx Network, Wings and Bancor.
EloPlay is in the process of constantly improving the platform and in order to create a decentralized e-sports ecosystem, it has embarked on a crowdsale campaign. Through this ICO campaign, it seeks to raise a total of USD 12 million. It will be issuing a total of 480 Million tokens. The investors who would like to take part in these ICO will have to purchase the tokens using Ethereum. The price of 10,000 ELT tokens will be set at 1 ETH. Once the ETH payment is made, the participants will receive the equivalent value of tokens in their wallet.
The ICO is set to start on the 16th of October.
The tokens will be available for sale on the company’s website. The campaign is expected to come to a close once the target capital has been raised or on the 15th of November.
There will be a bonus available for the early birds during the ICO launch. For the investors contributing during the first hour of the crowdsale, the platform will be offering a 20% bonus. By the end of the first day, a bonus of 15% will be issued. This will decrease significantly until it gets to 10% then 5 % at the end of the second week.
For more information about the EloPlay platform and its upcoming ICO, please visit the website.