Understanding MobileGO Reddit Chart and Reviews
It is difficult to think of a better mediator between the creators of games and their consumers than MobileGO. The team offers the unique service where people can participate in eSports tournaments and receive rewards.
Funds for the development of MGO token were raised during the ICO campaign that was held in April-May last year. 70 millions of MGO tokens were put up for sale. The team left their remaining 30 million tokens for their own needs.
MGO tokens allow the wider use of smart contracts in new developments to create a trading service for game content, for betting between participants, and also for organizing virtual tournaments.
Wallet and account
MGO token is based on Ethereum and Waves blockchains, which means that the token owners can use any of the “wallets” of this currency. For example, from the official resource of the platform you can download the virtual “wallet” Mist. Or use the online multi-currency “wallet” MyEtherWallet. You can pay for the purchase of MGO with both digital money (BTC, ETH, GameCredits or Waves) and fiat currency – in dollars.
The current (December 27, 2018) price for MobileGO token is shown on this graph:
The campaign to attract investment in this project, conducted in spring last year, gathered over $ 50 million in a relatively short period, which put it on a par with the most successful ICO projects.
Such investor’s activity in itself testifies to the prospects of the gaming industry, and the fact that the turnover of this industry overstepped the mark of 100 billion dollars is a confirmation of the high interest to it from many users. That is, most Reddit users agree that the project is developing in a very promising way, and this is a good sign for investors.
Moreover, according to opinions from the MobileGO Reddit thread, the blockchain technology will work in this area much faster than in others, since the main audience, in this case, are young people who are more inclined to innovative digital technologies than the older generation.
And one more thing — the benefits of this development for both players and game creators. Its structure and functionality allow reducing fees for placing gaming products on the service, and, consequently, for their acquisition.
The price of MGO token on December 27th 2018 is $ 0.376198). There is a number of reasons to consider this currency as potentially profitable for investors:
- The niche in which the project is developing is sufficiently in demand among users, and in all respects, interest in it will only grow;
- MobileGO teams offer ample opportunities for all sorts of gaming tournaments and matches, during which gamers can earn serious money, and this also helps to attract new participants;
- Winners in tournaments are rewarded with MGO.
According to the same analysts, mid-term and long-term investments are most relevant in this case. The project team treats their brainchild very conscientiously and carefully, the risks are standard here.
If a user wants to earn more MGO tokens, 1 is given for installing GShare and earning 1 GShare Gold.
Two more MGO are shared as a free reward for the first 100 participants who will complete the mentioned above tasks.
10 users with the largest Gshare Gold balance will also get additional 6 MGO tokens on their accounts.
Anyone has a chance to get from 1 to 10 MGO tokens for free taking part in the airdrop! If you need more details –visit t.me/mobilegoairdrop or airdrop.mobilego.io.
Image via Coinmarketcap & MobileGo