ICO of the week: TriForce
Project name: TriForce
What’s it about: a distributive service aiming at web community of gamers featuring decentralized peer-to-peer system of trading, anti-piracy security together with rewarding mechanisms.
Crowdsale period: 14/10/2017 – 16/10/2017 (pre-sale), crowdsale 11/11/2017 – 25/11/2017
Project target: 40 mln USD hard cap
About the project:
Triforce represents an Ethereum-powered ecosystem with the main idea to build a high quality gaming environment. According to the eam, the platform intends to offer revolutionary standards in the online gaming market. This standard is the token which will be utilized within large variety of entertainment platforms.
The project relies on several core fundamenals. The first one introduces an absolutely innovative revenue generation pattern. The second one is a highly efficient security infrastructure protecting players and developers , and, finally, the third one represents a system of rewards. Participants will get revenues for using favorite game platforms. The main feature of Triforce is based on the ability to convert tokens received in one game to currency of the rest of platforms.
The Triforce service offers a P2P trading where commission fee for every peer-to-peer transaction is defined by project authors. Unique IDs offered for every game within the blockchain contribute to the maintenance of security and privacy.
Features of the project:
- The alpha version of Trifirce is already available on the official web-resource.
- The Project’s token is ERC 20 compatible.
- Triforce will perform analysis of players’ behavior to enhance the ecosystem infrastructure quality and offer new experience.
- During the crowdsale it is expected to release 70% of the tokens.
- It is still unclear which distribution channels will be used for the project and it can pose a problem for the engineering process.
The team is acting in the United Kingdom. Pete Mardell, the Chief Executive Officer, is the ex development leader of the most respectable recruitment service in the Great Britain. Raza Ahmed performs as the Chief Technical Officer and acts as the Senior Full Stack and Blockchain engineer in the department of MSc Software Development. Research engineering functions are performed by Nazaraf Shah, lecturing Ethical Hacking and Computer Security for listeners of Coventry University.