SKARA, developer and publisher of the eponymous free-to-play competitive team-based melee combat game, has announced a token sale that promises to introduce both innovative gameplay and disrupt established business models for video game publishers.
Since inception in 2012, the Alpha release of SKARA – The Blade Remains has clocked up more than 30 awards, 350,000+ installs via the market-leading Steam PC games platform and tens of thousands of in-game transactions.
The company has created SKARAT (SKARA Token), an ERC-20 token based on the Ethereum blockchain, which can be traded on the open market. SKARA aims to raise a maximum of €5m during the pre-sale period, which is open now until January 21st 2018.
SKARA’S ultimate aim is to use SKARAT to introduce a new gameplay mechanic to players and to shake up the way in-game currencies have been used historically in the video games industry.
SKARA has adopted blockchain technology to de-centralise the in-game economy, allowing players to keep real ownership of their hard-earned in-game assets, including SKARATS, safely and securely outside of the game’s control.
This disrupts the prevailing model whereby games publishers reap the rewards of in-game transactions, pushing gamers towards risky black markets if they want to cash in on their hard work.
The Token Sale itself will start January 23rd 2018 at 5pm CET (11am ET) – The hard cap, and the absolute greatest amount of funds SKARA will raise, is €10m.
As such, SKARA players will be free to buy, sell or trade these assets for a profit in external markets, such as Counterparty, where SKARA has already placed some of these assets, which are already being traded.
SKARA is also making it possible for players to win monetary prizes and for spectators to bet, all within the game.
2018 will be a pivotal year for the franchise, with key roadmap developments to include:
- The multiplayer version going into Beta on January 23rd via Steam
- The introduction of SKARAT cryptocurrency – Token Sale begins on January 23rd
- The January launch of the first novel based in the SKARA universe via book publisher Planeta
The creation of a SKARA eSports league, beginning Macryptocurrency
- tournaments with SKARAT prizes
- An in-game betting platform
- A companion mobile offering
- A series of single-player games
- Releaser of the game on console platforms
- In-game trading of assets
A team of 20 are currently working on realising the game’s product roadmap.
Skara Co-Founder Cesar Ortega said:
“Game economies are big and getting bigger. Accessing those economies requires a black market or a powerful intermediary that absorbs all the profit. Blockchain can disrupt that. Some of our players have put hundreds of precious hours into perfecting their fighting style. Time is valuable, should be rewarded and games have tried rewarding their players in various ways. But until now turning that time into something valuable has required bending the rules.”
“We believe that our SKARAT token sale offers investors a unique and exciting opportunity to engage with an already established IP. We are eager to explore with them the infinite possibilities that cryptocurrency and blockchain technology have to offer.”
Learn more about the SKARA token sale and download the White Paper here: https://www.skaratoken.com
Learn more about SKARA – The Blade Remains here: https://playskara.com
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