The group announces its first “Play to Earn” game whose economy is centered on the new $OLYMP token and NFTs that can be used in the game.
By acquiring a 37.5% stake in OLYMPUS GAME, BD Multimedia becomes the main shareholder of this subsidiary along with 2 founders.
$OLYMP token ICO launch
The OLYMPUS game will conduct a sale of its own utility token, $OLYMP, a standard BEP-20 token built on Binance’s Smart Chain network.
The token sale will take place in 3 stages:
Phase 1 – Whitelisted Private Sale – 30 April 2022, 15:00 UTC
Sales goal for this phase: $500,000
Phase 2 – Second Sale – May 30, 2022, 15:00 UTC
Sales goal for this phase: $1,000,000
Phase 3 – Final Sale – June 30, 2022, 15:00 UTC
Sales goal for this phase: $1,000,000
Each phase of the sale allows an opportunity to buy $OLYMP at lower entry points before listing on cryptocurrency exchanges in late 2022.
Selling NFTs for OLYMPUS GAME
After this first ICO phase, Olympus Game will also release a collection of NFTs. Rather, in order to develop faster in the game, players will be able to acquire game cards (characters) or “skins” that will allow them to have unique visual elements in the game, but also to give properties that allow advantages in the game. .
In the next step, Olympus Game will set up its own NFT market; this market will allow players to sell their higher level cards. The company will earn a commission from each sale on the market.
All stages of selling and launching the game are described in detail in the online white paper: https://whitepaper.olympus.game/roadmap
Expected boom in the P2E game market (play to earn)
“Play to Earn” NFT games (aka P2E or Play2Earn) allow players to own NFT assets in a video game and increase their value through typical game activities such as winning games. challenges and battles, e-sports competitions, unlocking in-game improvements, progression, purchasing items, etc.
By participating in the game’s economy, players create value for both the community and developers. Play-to-earn games then reward players with winning in-game items or tokens.
Many influential players on the web are excited about this future revolution in the gaming industry, such as Alex Ohanian, co-founder of Reddit, who believes that P2E will be the dominant form of gaming in a few years.
Jim Dorra, Deputy Managing Director of BD MULTIMEDIA comments:
“We keep hearing about the metaverse. It is described as the interface of the future, but many people seem to forget that video games have been a kind of metaverse for a long time… So they are the first functional application for NFTs.
At the same time, the question of time spent and paid in the game is raised, with the Play-to-Earn model: it is a game mode that will revolutionize video games.
Currently, serious Play-to-Earn games related to blockchain can be counted on the fingers of one hand. We are at the very beginning of the adventure of a market that will explode.
Therefore, it is with great enthusiasm that we announce our first Play-to-Earn project, with a fast implementation schedule and a huge capitalization potential of several hundred million to several billion for the Play to Earn game token. .
The project has been very well received by the community: the opening of registration for the first round of iCO whitelisting was announced on April 10th – so a little less than 2 weeks ago – and already more than 1800 people are registered on the waiting list for the allocation of 1000 whitelist spots …
Interest in the project is expected to accelerate exponentially as the April 30th ICO launch date approaches!”
More information about OLYMPUS GAME
Game website: https://olympus.game/
White paper of the project: https://whitepaper.olympus.game/
ICO URL: https://sales.olympus.game/