Switzerland, 20th April 2017, 18 months down the line from bitcrystals’ ICO, in conjunction with Channel 4, the EverdreamSoft Team has now launched the game Spells of Genesis.
This is an event of huge importance not only for token holders but also for everyone involved with blockchain. The first global mobile game linked to bitcoin (via protocol Counterparty) is live now and has the support of the marketing team at Channel 4. An explosion of the game’s customer base can be anticipated with ensuing interest in the bitcrystals token.
Spells of Genesis is a game for mobile devices, utilizing electronic format trading cards. Some special cards, the most powerful ones, are stored on the bitcoin blockchain and have a limited, invariable circulation. Every purchase of the necessary cards to play Spells of Genesis either directly or indirectly (complying with an exchange rate) is made in bitcrystals and, hence, generates revenue in bitcrystals. Once various commissions have been deducted, the income is divided in half: One half is reserved for EDS (EverdreamSoft), the other half is burnt, destroyed.
Given that the quantity of bitcrystals issued cannot be increased, destroying a portion of them leads to deflation, followed by fall in market supply and an eventual stimulus to price rise. Investors holding bitcrystals may legitimately expect to witness an increase in token price as a consequence of the month after month destruction mechanism effected by EDS on the basis of revenues built up through the sale of cards. As an owner of a considerable volume of BCYs, EDS itself is directly interested in causing the price to soar.
‘Channel 4 are very happy with the build and the new features […] we are seeing the finish line for the current milestone and once everything is set in stone I will tell you the future plans for 2017 a lot of exciting new things await this year’ Shaban, CEO, Spells of Genesis
It quickly became apparent that the idea would attract a lot of players, the inception of card sales was immediate, albeit exclusively in cryptocurrencies. The act of card collecting on blockchain is revolutionary. This innovation boasts not only the security feature of being impossible to counterfeit but the same asset can be deployed in other games too – as is already happening. Some Spells of Genesis cards may be played both on the online platform Force of Will and on the new game Augmentors.
Today Apple Store and Google Play Store will finally offer Spells of Genesis to millions of players, creating according to the company’s plans, tens of thousands of new players and trading card collectors on blockchain. We are at the dawning of a new era. Magic, Pokemon, Yu Ghi Oh… now belong to history.