DMarket Launches Product Alpha/DEMO – Extends Token Presale

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Global Blockchain-based cross-game marketplace, DMarket, today announced the launch of its products Alpha/DEMO version and Blockchain testnet.

“As promised earlier this year, we’ve created the DEMO version of our marketplace and the Blockchain testnet by the end of October 2017,” said Volodymyr Panchenko, CEO and founder of DMarket. “In Q1 2018, DMarket will launch an MVP that will already be connected to games and the Blockchain that will make virtual items real. We are moving forward according to our roadmap, and we ensure our investors that we are committed to building a strong business that will bring them first revenues in the nearest future.”

DMarket DEMO allows users to watch and test the trading process of the in-game assets, take a closer look at how the DMarket Coins work, and test the Blockchain wallet and personal key. In addition, DMarket DEMO enables users to view Blockchain Explorer, where blocks will contain details about every transaction ever processed through the platform.

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Along with the DEMO launch, DMarket has announced the start of token presale,

“Due to the upcoming Bitcoin – Segwit2x hard fork, we’ve received too many requests from investors to extend DMarket Token presale. To satisfy these requests, we’ll close token presale 48 hours after the formation of block 494784. Crowdsale begins November 14. We’re doing this to create favorable conditions for crypto investments,” said Volodymyr Panchenko, CEO and Founder of DMarket.

DMarket will allocate 37,500,000 tokens for presale hard cap (about $15 million).

DMarket’s main conditions remain the same. Specifically, minimum transaction amount at presale is 125,000 DMarket tokens (166.67 ETH), maximum transaction is limited to 2,500,000 DMarket tokens (3333.33 ETH).

The crowdsale will be held from November 14 to November 28. Minimum amount of transaction will make 75 DMarket Token (0.1 ETH), maximum amount – 25,000 DMarket Token (33.334 ETH).

Exchange rate for both presale and crowdsale is 750 DMarket tokens for 1 ETH. Accepted currencies are ETH, BTC, and LTC.

DMarket sets equal token sale rules for all investors, with no exceptions. The company has no intention to cover any hidden or public bonuses provided at a presale phase at the cost of crowdsale contributions.

DMarket allocates 100,000,000 tokens (about $40 million) hard cap for the final sale.

To eliminate market control and any possible manipulations, DMarket sells 85% of all its tokens, and reserves 15% of tokens for product development, advisors, and partners.

As a reminder, DMarket has already raised $10.9 million during a 4-day Token Sale in August 2017.

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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