ITAM is the world's leading blockchain mobile gaming platform built on top of the EOS.IO protocol. EOS-based project offers the players to put their achievements, leaderboards and in-game assets on the blockchain platform and trade them.
In 2019, the gaming industry generated $120 billion in revenue and experts predict it could reach $200 billion within two years - 100 million viewers tuned in to watch players compete in the World Championship of the game League of Legends, a larger haul than the telecast of the Super Bowl. And by 2021, it’s projected that 2.7 billion people — about one-third of the global population — will be gamers.
Among various types of games, the smartphone games market is expected to increase by $88.2 billion, or 49%, of the total market size the end of the year 2021.
Itam Games has created an ecosystem, which includes a store and exchange, in which users can trade their in-game digital assets — or nonfungible tokens (NFT) — such as achievements, leaderboards, items and accounts.
Itam says it aims to attract mobile game developers by offering them a special console by which they can register any game and get access to blockchain technology within the company's ecosystem.
Asung Gill is CEO. Asung is a developer and executive who has led many large-scale development projects (SIs) for 13 years and has been a CEO and CTO of several companies. Ha-Seop Jeong is Executive Vice President. Ha-Seop received his degree in Electrical Engineering(Master of Science) from Seoul National University in 1999. Thereafter, he spent 11 years in the game industry such as Neowiz Games, Aina, and NexonKorea as a planning director and director of new game development division. Byeong-Su Kimis Game Department Director. He majored in computer science at the Air Force Academy in Korea. Ho-Seok Yang is CSO. Ho-Seok is a serial entrepreneur who founded three startups and ex-vice-president of Fenox Venture Capital Korea. Dongjun Kwon is CTO. Kwon is a development expert with 12 years of various development and career experiences under his belt.
Game developers are also an important part of the ecosystem that provides the main content of ITAM Games. The game developer will receive 80% of the content purchase revenue of the game users and will receive it through the ITAM Wallet for Developers. For games that have inter-user tradable ITAM NFTs, they can earn additional revenue equivalent to 30% of the trading fee.
Price Analysis for ITAM Games (ITAM)
ITAM is traded on Upbit, a centralized cryptocurrency exchange located in South Korea. Also it is traded with ITAM DADEX (Digital Asset Decentralized Exchange), a decentralized service that allows user to trade their acquired ITAM NFTs. Blockchaintechnology ensures the reliability, transparency, and integrity of trading on ITAM NFTs. ITAM DADEX will provide user-friendly UI/UX services through filter functions that sort according to the game developer’s genre, price, rarity, etc.
Supply is 2.5 billion ITAM Tokens. All-Time High was 4 months ago $0.04354415 is -80.2% down compared to today’s price. All-Time Low was 20 days ago $0.00224901 and is 282.9% up compared to today’s price. Trading Volume is $711,908. Price on trend line is in slight uptrend based on 30-Day Chart.
All-time high was $0.00103438 ($1.6M MC ) on Jun 22, 2019 and All-time low is $0.00004616 . Currently the price is down 78% from the all-time high but is in clear uptrend based on 30-day chart.
The startup mentioned it has more than 50 traditional mobile games to be launched within this year. The team works on NFT FARM service, currently in beta version.
Should I buy ITAM Games (ITAM)?
As ITAM ecosystem expands, the number of players from all around the world will increase. Any sort of global platform will inevitably receive proposals and offers from advertisers, and game related promotion collaborations. Advertisers wishing to advertise within the ITAM platform, or in-game advertisements, should procure ITAM Tokens to make advertisement and collaboration. ITAM Tokens from these parties and advertisers will be used to reward event participant users and game developers.
Investing is a personal choice and investors should consult with experts when making financial decisions. It's important to note cryptocurrencies are highly volatile, unregulated and have the potential to go to zero. If this doesn't discourage you and would like to know if ITAM Games made it to our shortlist, check out our weekly Altcoin Reports.
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