UltraPlay announces new eSports betting cryptocurrency, sets up ICO

Online betting provider UltraPlay has announced eGold, a new blockchain technology designed specifically for eSports.

The new digital currency, an ERC20 Ethereum-based token, will be launched first onto an eSports betting platform – Buff88.

To secure the whole project implementation, the company launched an Initial Coin Offering (ICO) campaign. The eGold token sale is set to start on 18 December, 2017 until 28 February, 2018.

Mario Ovcharov, chief commercial officer said: “We are very excited to introduce eGold to the eSports and crypto community. Together, we can make it the first-choice payment method for eSports betting.

“Having been at the forefront of the iGaming market for seven years now, we believe that our ICO investors and participants will bring the high value of eGold and will force our future developments, based on Blockchain.”