KamaGames now offers blockchain-powered in-game chips

Social mobile poker operator KamaGames has joined the blockchain fray, announcing this week that it has integrated the technology in chips used for its gaming applications.

The Dublin-based company, known for game app Pokerist, guarantees up to an elevenfold return over three years with the KamaGames Token (KGT), as exchangeable for in-game currency.

The tokens are sold initially at $1 each and equal to 7 million chips. A total value of $25 million will be sold, with a presale of $7 million beginning on September 24, and a public sale of the remaining $18 million from October 8 to November 12.

In a statement, KamaGames CEO Andrey Kuznetsov, said, “The launch of the KamaGames Token will help us to attract a new, additional audience as well as reward our existing players. We are confident that this launch will continue to raise our profile and help maintain the tremendous momentum that we’ve had this year. 2018 is shaping up to be our strongest year to date for growth, revenue and new game releases.”