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Dmarket

From EverybodyWiki Bios & Wiki

Dmarket
LLC
ISIN🆔
IndustryGaming, Blockchain, eCommerce
Founded 📆2017
Founder 👔Vlad Panchenko (CEO)
Headquarters 🏙️,
Las Vegas, NV
,
United States
Area served 🗺️
Worldwide
Members
Number of employees
150
🌐 Websitehttps://dmarket.com/
📇 Address
📞 telephone

Dmarket is a US-headquartered decentralized marketplace that allows gamers around the world to trade their in-game items and virtual goods across different games and gaming platforms through Blockchain. Founded in 2017, Dmarket raised $19 Million[1] in funds during 2 phases of token sale from their initial coin offering (ICO).[2][3][4][5][6][7][8]

Essentially, Dmarket is a cross-platform marketplace that enables gamers to trade and exchange in-game assets regardless of game type and platform, and provides additional revenue sources for game developers and entrepreneurs.[9][10][11]

History[edit]

Gamers spend a lot of time playing games and get different items and achievement points such as a fancy car, armour or a bunch of other valuable goods. Through Dmarket, any virtual goods can be traded among billions of gamers around the world in exchange for cryptocurrency or other goods, which creates a new billion dollar market segment.[12][13][14][15][16]

Dmarket’s Founder & CEO Vlad Panchenko and co-founder Alexander "ZeroGravity" Kokhanovskyy came up with an idea to revolutionize the gaming industry and provide independent items transfer and trade through an open trading platform based on the blockchain technology.[17][18][19]

Dmarket’s original goal was to raise $1 Million for project development and it was completed in 17 minutes[20][21] upon the launch of token sale phase #1. Furthermore, Dmarket raised $10.4 Million in four days following the ICO launch.[22][23][24][25][26]

In total, Dmarket raised $19 Million during 2 phases of ICO.[27][28][29]

Dmarket allows game developers to connect a game to its blockchain using a custom-built API. Dmarket platform is the place where virtual items can be sold or exchanged via a one-click action among all games and across all gaming platforms. It synchronizes thousands of databases through a decentralized network on blockchain which ensures transparency, safety and security of all transactions. Game developers earn money by getting a fixed commission fee from each transaction performed with their in-game assets being traded on Dmarket.[30][31][32][33][34][35]

Gamers can create an asset inventory, trade them, and keep track of all their transactions. They can also use Dmarket’s API to assign a value to an in-game digital asset, monetize it, withdraw it to their Dmarket account, and migrate it back to the game without leaving the gaming platform.[36][37][38][39]

Dmarket Coin[edit]

Dmarket native currency is called DMC. All the transactions of the blockchain-based items are using the native currency of the platform.[40][41][42]

References[edit]

  1. https://www.businesswire.com/news/home/20180228005588/en/DMarket-Raises-US19-Million-Token-Sale
  2. https://www.nytimes.com/2017/08/07/business/dealbook/initial-coin-offerings-sec-virtual-currency.html
  3. http://www.newsbtc.com/2017/09/08/global-marketplace-game-content-dmarket-may-bring-billions-dollars-entertainment-industry/
  4. https://www.coindesk.com/10-4-million-game-item-exchange-dmarket-raises-new-funds-ico/
  5. https://www.kyivpost.com/technology/cryptocurrencies-pose-tough-new-questions-auditors-regulators.html
  6. https://thebitcoinnews.com/10-4-million-in-game-item-exchange-dmarket-raises-new-funds-in-ico/
  7. https://thenextweb.com/contributors/2018/03/13/look-services-changing-interact-money/
  8. https://www.nasdaq.com/article/using-blockchains-to-transform-video-game-economies-cm934217
  9. http://markets.businessinsider.com/news/stocks/dmarket-partners-with-unity-technologies-the-world-s-most-widely-used-real-time-3d-development-platform-1018615335
  10. https://www.forbes.com/sites/outofasia/2018/01/12/how-entrepreneurs-should-navigate-through-the-murky-world-of-icos/#2fcf185dcfd7
  11. https://www.forbes.com/sites/darrenheitner/2017/11/03/why-vcs-may-be-climbing-abroad-the-ico-train/#3e2213c858af
  12. https://www.coindesk.com/10-4-million-game-item-exchange-dmarket-raises-new-funds-ico/
  13. https://cointelegraph.com/news/virtual-items-get-real-world-value-on-dmarket
  14. https://siliconangle.com/blog/2018/02/12/gaming-standards-association-creates-gaming-blockchain-standards-committee
  15. https://ain.ua/2018/01/12/ukrainskie-ico-na-100-mln
  16. https://forklog.com/revolyutsiya-kibersporta-kak-blokchejn-tehnologii-i-smart-kontrakty-izmenyat-igrovuyu-industriyu-i-kibersport/
  17. https://venturebeat.com/2017/08/17/dmarket-launches-ico-plans-blockchain-marketplace-for-in-game-items/
  18. https://venturebeat.com/2017/08/17/dmarket-launches-ico-plans-blockchain-marketplace-for-in-game-items/
  19. https://venturebeat.com/2017/12/04/cryptokitties-shows-everything-can-and-will-be-tokenized/
  20. http://www.newsbtc.com/2017/09/08/global-marketplace-game-content-dmarket-may-bring-billions-dollars-entertainment-industry/
  21. https://www.kyivpost.com/technology/cryptocurrencies-pose-tough-new-questions-auditors-regulators.html
  22. https://www.coindesk.com/10-4-million-game-item-exchange-dmarket-raises-new-funds-ico/
  23. https://www.nytimes.com/2017/08/07/business/dealbook/initial-coin-offerings-sec-virtual-currency.html?partner=IFTTT
  24. https://www.newsbtc.com/2018/03/02/dmarket-shows-prudent-ico-approach-pays-off/
  25. https://www.oracletimes.com/dmarket-dmt-making-major-moves-despite-no-listing-and-fud/
  26. https://thebitcoinnews.com/10-new-cryptocurrencies-keep-eye-2018/
  27. https://www.businesswire.com/news/home/20180228005588/en/DMarket-Raises-US19-Million-Token-Sale
  28. https://stopgame.ru/blogs/topic/84574
  29. http://gameinside.ua/?p=161659
  30. https://howtotoken.com/explained/blockchain-enhance-in-game-economies-better-than-steam/#dmarket
  31. https://theindependentrepublic.com/2018/02/05/dmarket-dmt-enjin-enj-and-2-other-revolutionary-gaming-tokens/
  32. http://dailyesports.tv/blockchain-gaming-support-game-engines-crucial/
  33. https://www.gamasutra.com/view/pressreleases/311262/DMarket_raises_over_19_mln_in_final_Token_Sale_interim_results_show.php
  34. https://mmos.com/editorials/top-5-blockchain-projects-in-gaming
  35. https://gameanalytics.com/blog/blockchain-redefine-gaming-industry.html
  36. https://www.gamespew.com/2018/03/unifying-game-economy-advancing-trade-digital-assets/
  37. https://gamerant.com/the-division-players-punished-glitching-debate/
  38. https://stopgame.ru/blogs/topic/84834
  39. https://gameperimeter.com/materials/analytics/zarabotat-igrayuchi-kak-igroki-poluchayut-dokhod-ot-svoego-uvlecheniya
  40. https://www.coindesk.com/10-4-million-game-item-exchange-dmarket-raises-new-funds-ico/
  41. https://bitcoinmagazine.com/partners/dmarket-gaming-blockchain-system/
  42. https://cyber.sports.ru/tribuna/blogs/gamingislife/1602407.html

External links[edit]


This article "Dmarket" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Dmarket. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.