Gamico initial coin offering (ICO)

Play To Live, Live To Play



Gamico is a platform where gamers can earn a living by playing video games. Gamers and game fanatics will be able to play, compete, and more importantly monetise their skills and time spent on playing their favourite video games.

2
9 9 expert ratings
3.9
3.5
2
2.6
View rating distribution
Starts in 11 months ago
2018-09-16 - 2018-10-15
Token
GMC
Type
ERC20
Bonus
Available
Price in ICO
1 GMC = 0.54 USD
Platform
Accepting
ETH,
Soft cap
5,000,000 USD
Hard cap
25,000,000 USD
Raised
0
preICO start
Sep 1, 2018
preICO end
Sep 15, 2018
ICO start
Sep 16, 2018
ICO end
Oct 15, 2018
More on ICO
Report

About Gamico ICO

Gamico is a platform where gamers can earn a living by playing video games. Gamers and game fanatics will be able to play, compete, and more importantly monetise their skills and time spent on playing their favourite video games.
Gamico players will be able to earn Gamico tokens (GMC) by playing tournaments, H2H games, unlocking game achievements, tapping into social features, and exchanging their GMC for other cryptocurrencies.
The eSports market has seen significant growth in the past decade, thanks to an increased interest from fans and boosts in brand investments. In 2016, the global eSports market was valued at nearly US$493 million, and global eSports revenue is projected to reach US$1.49 billion in 2020.
PROBLEMS FACED BY GAMERS
As lucrative and as tempting as it may sound for every gamer to jump on this bandwagon, the current environment poses many obstacles for the average gamer to win a slice of the pie.


  • LIMITED WAYS TO MONETISE SKILLS AND TIME: There are many gamers, but too few tournaments that pay well

  • SKEWED ECONOMY: The top 3% of players in the gaming community receive 90% of the investment and prize money in eSports

  • LIMITED CAREER OPPORTUNITIES: Gamers face high barriers of entry, and unable to support themselves financially

  • LIMITED GAMES: Tournaments and revenue are limited to a handful of games (DOTA, League of Legends, Counter-Strike, FIFA)
     


EXECUTIVE SUMMARY
Gamico is a platform where gamers can earn a living by playing video games. From hyper casual mobile games to multiplayer online battle arena games. Gamers and game fanatics will be able to play, compete, and more importantly monetize their skills and time spent on playing their favourite video games.
The eSports market has been growing exponentially over the past decade, due to the increasing interest of fans and the subsequent boost in brand investments, In 2016, the global eSports market was valued at nearly 493 million U.S. dollars. According to the source's estimates, global eSports market revenue will reach 1.49 billion U.S. dollars in 2020. As the industry matures, and incorporates an increasing number of events, leagues and media right deals, the average revenue per fan is anticipated to grow from $3.67 in 2017 to $5.20 by 2020. Despite the growth, this is still a factor 3 lower than a popular sports such as basketball, and a factor 12 lower than the most commercial league in the world, the NFL.
Furthermore, a deeper examination of the market reveals that the eSports market is skewed, and that the top 3% of the players of the gaming community receives 90% of investment and prize money in eSports. Additionally, most of the eSports revenue goes to only a handful of games, such as DOTA, League of Legends, Counter-Strike and FIFA. This means that only a limited number of gamers will be able to support themselves financially, and even fewer will be able to have a lucrative career being an eSports gamer.
Right now, one of the main ways in which gamers can make a living playing games is by sharing gaming content online. The top gaming‐related video star is PewDiePie, with 40 million subscribers, and number two is VanossGaming, with 15 million subscribers. They may be the biggest stars, but collectively gaming videos make up more than 10 percent of YouTube’s top performing channels. However, we would argue that there’s no direct correlation from the popularity of the content, and eSports, as most channels are built for entertainment purposes. So far, much of the online gaming audience is more comparable to fans of the Harlem Globetrotters (people who are entertainers, who happen to play basketball) rather than to fans of a successful pro basketball team who plays to win a championship.
With the current environment, it’s hard to be a professional eSports gamer. Gamico is going to change that. Gamico is here to revolutize the gaming industry. With the introduction of Gamico, gamers can play any games they want, and solely focus on their gaming skill, while fulfilling their dream of having a lucrative career playing their favourite games.
THE SOLUTION: GAMICO

  • JOIN/ HOST MATCHES

  • LIVESTREAMS & VIDEOS

  • WIN CHALLENGES & GMC TOKENS

  • EXCHANGE GMC FOR OTHER CRYPTOS


With Gamico, players all around the world will be able to make a good living playing their favourite games. The Gamico platform will also introduce a groundbreaking feat for gamers worldwide: game result verification via blockchain technology.
Gamers will be able to compete in high level, high stake tournaments or challenge other players in H2H matches. Most importantly, winners on Gamico will be awarded GMC tokens that can be traded for high-value cryptocurrencies, thus enabling them to monetise their skills and time spent playing video games.
In order to meet the demands of all types of gamers, we will work to integrate the Gamico ecosystem with the widest possible variety of games - with anything from eSports to casual games and mobile console games - so that gamers from all walks of life will be able to enjoy the benefits of playing games to make a living. Furthermore, our platform’s features will allow them to attract new fans/followers, acquire the exposure needed for new sponsorships and endorsements, and open new doors to take their careers further.
TOURNAMENTS
As mentioned above, we believe that the lack of tournaments and prize money is the biggest problem for eSports. This is why tournaments will be the point of emphasis for the Gamico platform. Gamico will host many tournaments on a daily basis, to ensure that players on different levels, playing different games will have a place to compete and earn GMC.
There will be different type of tournaments on Gamico where user will be able to compete.
Type 1: Buy In Tournament
Players will pay a fee upfront, which then would make up for a majority of the prize pool. This format is completely peer-to-peer and hence these tournaments can be set up frequently, allowing gamers at different levels to compete at a higher rate.
Tournament will run in different formats such as single elimination, double elimination, round-robin and round-robin split.
95% of the buy-in will be distributed to the prize pool, while 3% and 2% will be distributed to the platform, and the game developer respectively.
Type 2: Head to Head Battle/ SitNGo Battle
Designed for people who is looking for a quick game, head to head battle (H2H) and SitNGo is projected to be the most popular option.
Instead of waiting for others to complete their matches, all you need to do in a H2H Battle or a SnG Battle, is to get matched up against opponent(s) who are willing to play at the same stake, win the match, and get instantly paid off.
Type 3: Freeroll Tournament
Freeroll tournament does not require any entry fee.
On Gamico, we will run freeroll tournaments regularly for all games on offer. All players especially beginners and newbies will be able to compete, and have a first taste of the tournament experience, while also taking home some prize GMC, of course.
We will also run a number of big prize pool freeroll tournaments, at our platform launch. We may also run these tournaments when we launch a new game, all of this with the effort to attract new players, and allowing them to realize their eSports fantasies.
Type 4: Sponsored Tournament
In these tournaments, our brand sponsors will contribute to the prize pool with GMC Tokens, along with products and services.  Instead of buying in with GMC tokens, players may need to complete one/more advertising CTA for the brand (e.g. sharing their website to their Facebook), in order to register their spot for the tournament.
Type 5: Single Player Challenge
This is most suitable for single-player games such as puzzle and arcade games.
In this type of tournaments, user will not compete with other players. Instead, user will play offline, after the user completes the game, Gamico will compare his/her scores, to all scores stored on our blockchain submitted by all other players prior. The smart contract on blockchain will then reward the users based on their performance in the game. A simple payout algorithm would be using %tile to reward the user. E.g. If the user’s score is better than 90% of all players who played the game, he/she will earn a certain amount of GMC.

Gamico reviews

Mofassair Hossain
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on Mar 28, 2018
3
2
3
11%

Will suggest to take some more international advisors..... Only 14 page whitepaper .. this is not a good whitepaper for investment analysis .... Need more information about financial marketing analysis and others ... Thank you

Igor Karavaev
ico advisor and investor
Rated on Mar 28, 2018
4
1
3
12%

The funny description of the team in the WP is worth reading. But only this. The rest 14 pages (with a title) is a disaster in terms of how to make the WP grounded and credible. No information to judge well. No marketing with a competitive analyses, no financials and business planning data. The WP looks like a sketch about the product but not like an ico investment paper to raise funds

Peter Bergstrom
CEO BitBlock Ventures
Rated on Apr 24, 2018
3
3
4
4%
Douglas Lyons
Board Advisor- Early Adoption and Strategic Partnerships
Rated on Apr 6, 2018
4
2
1
12%

lucrative esports career... now thats funny.
I do not believe this to be a good investment.

Eugene Podkovyroff
Investor, Decentralized Economics Researcher, Crypto Visionary, FinTech Pro, Startup Mentor and Advisor
Rated on Apr 7, 2018
3
2
3
9%

Gamico is a project in a highly competitive and very promising market for the Gamer platforms. It has potential, if it will find a big enough niche or will make a strong partnership with one of large established platforms in this industry.

0. Team has some experience in the field and some industry support. Yet it lacks international connections and representation.
1. WP needs a lot of work. We were not able to make the full review, since several key properties of the project are unclear due to an unfinished WP.
2. Financials are not present. Nothing can be said about costs, revenue and other projections.
3. Vision is not unique. We've reviewed at least 20 similar or competing projects with a potential to take over the Gamico niche (or been taken by Gamico, of course). It is unclear, if there is any certain go-to-market strategy for Gamico, therefore it doesn't look good from a competition standpoint. If there is a clear edge for Gamico, to conquer the market or take some niche, it would be great to learn about it from the WP or other public sources.
4. There are several elements in the vision, which are almost only interesting for the marketing, rather than they are actually valuable and/or applicable for the business (e.g. some Media and Big Data claims look too broad).
5. Token value support is very dependent on the volume of internal Gamico economics, which may be a good thing for the long-term potential, yet it inducts extreme risks during the early and the grow stages.

We will update rates as soon as we will have an access to more detailed and reliable data about Gamico.

Currently, it is not a good idea to invest in Gamico ICO while business strategy is not set. It may be an interesting idea to get tokens with a huge bonus and later take advantage of that bonus thru a quick sale right after the ICO. Also, buying in after the initial price drop would be a recommended action for a long-term investors. This all may change, if better financials and a reasonable strategy will be published.

Stephan De Haes
ICO Advisor, Community leader and COO/Co-founder Krypt.ly
Rated on Apr 8, 2018
3
2
3
4%
David Drake
Managing Partner
Rated on Apr 13, 2018
3
3
3
10%

Needs to work on team composition and WP. Rating can be improved. Good luck.

Yaroslav Belkin
Ex Cointelegraph and NewsBTC Media Group | Founder and CEO at Belkin Marketing
Rated on Jul 23, 2018
4
2
2
9%

Team is clearly into this project, and it's a good thing. However, we would really like to see Alpha version, solid marketing strategy and more advisors or team members that have expertise in blockchain and are respected by the community before I could recommend this project.

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
27%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

Gamico ICO price

Price in ICO

1 GMC = 0.54 USD

Gamico (GMC) crypto

Gamico coin

Gamico token
GMC
Gamico type
ERC20
Gamico platform

Gamico (GMC) value

Tokens for sale
60000000

Gamico investment info

Accepting
ETH,
Min. investment
1 USD
Distributed in ICO
60%
Soft cap
5,000,000 USD
Hard cap
25,000,000 USD

Gamico whitepaper

Gamico team

Apply as an advisor

Jason Fang

Managing Partner, Sora Ventures

Advisors

Hugh Murrell

Online Influence Marketer & Founder, YoshiToMario.com

Advisors

Lawrence Hui

CTO, Cove

Advisors

Gamico milestones

1
December 2017

WePower idea

2
December 2018

WePower idea

3
January 2018

WePower idea

4
January 2018

WePower idea

5
July 2018

WePower idea

6
June 2018

WePower idea

7
March 2018

WePower idea

8
March 2018

WePower idea

9
March 2019 - September 2019

WePower idea

10
October 2018

WePower idea

11
September 2019 - Beyond

WePower idea

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