Skrilla Raises $800,000 Through ICO

KEY TAKEAWAYS:

• Skrilla raised $800,000 through ICO campaign introduction to the blockchain scene.
• The customer rewards program and benefits from the tokenisation of Skrilla.
• The current coin offerings is exclusively under Australian Dollars (AUD).

Skrilla, Brisbane’s finest online betting gateway, successfully raise AUD $800,000 through an initial coin offering.

Geared and distinctive, Skrilla features a levelled operational startup in the rise of the vying video gaming such as eSports.  Skrilla, founded by Damon Oudejans, Nick Heaney and Riad Chikhani, thrivingly hit $3.5 million last September 2017. Taking a leap to the next heights to the blockchain became a mutual adjudicature between the founders noting that the process has been an “incredibly steep learning curve”. Skrilla graciously allowed the consumers to indulge in the formulation of ideal teams from the different line of players hence consumers get the performance-based rewards systems of the selected players.

“Tokenising the platform means we can get rid of traditional currency and cut out things like transaction fees and banks, and we can provide users incentives to grow the platform,” Mr Heaney stated. Conversion to Skrilla rewarding systematical tokens on the blockchain entitles mutually the company and the dedicated users a versatility as believed by the founding members. Mr Heaney also shared that for an instance where a customer gets rewarded $10 or $20 referral fee, Skrilla will raise that upfront money yet enabling the usage of the productive pool to motivate the user. This applies in word of mouth, social media influences and the traditional account verification processes.

Skrilla presently has an absolute amount of 405,000,000 SKR tokens readily available upon the ICO and initial sale, amounting up to around $800,000 as a result of the capital raise. Skrilla also tagged SKR 300,000,000 tokens alongside for the aforesaid growth pool. The offerings are operational under the Australian dollar domestically furthering the establishment of Skrilla’s extensive working strategies in aiming to be crowned as the very first tokenised betting system of the land. Yet currently another brilliant introductory plan Skrilla has to bring forth the tokenised system to a neighbouring market in the US. Virtual currency, thanks to the Skrilla platofrm, has become massively popular all over the country.

About Skrilla

Skrilla is a licensed, peer to peer (P2P) esports wagering marketplace. Skrilla recently launched a Daily Fantasy platform within Australia, with international rollout planned for 2018. Concurrently they have created the Skrilla token (SKR), the first step towards the platform operating solely on a decentralised blockchain, utilising a single global currency with which to bet across jurisdictions.

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