MobileGo MGO to Factom FCT Exchange

Crypto Pair Details: MGO to FCT

MobileGo MGO

MobileGo (MGO) is a smart token set to herald a new era in the gaming industry. It is intended to gamify the Esport platform and incentivize gamers for loyalty and participation through rewards. Also, we are continuously working on expanding our geographical presence, forming new partnerships with world’s top gaming companies. Our ultimate goal is to make MGO a truly global token, traversing geographical borders and making games available to everyone. The MGO token has an extremely broad scope of application, providing numerous benefits for different populations. For gamers, it will facilitate peer-to-peer matchplay and decentralized tournaments, serving both as a match reward and an entrance fee. Moreover, token holders will be able to earn additional discounts for purchasing in-game content. Game publishers can get paid in MGO, which has different advantages over fiat money, including the speed of processing payment requests. For crypto enthusiasts, it is an extremely valuable investment: With a $50 billion mobile market and around 1K games being registered on platforms like Google Play and Apple every day, acquiring just a fraction of market penetration results in large revenues.

Factom FCT

Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system. By creating a data layer on top of the Bitcoin blockchain, Factom’s distributed ledger technology secures millions of real-time records in the blockchain with a single hash using cryptographic isolation. Businesses and governments alike can use Factom to document their information so that it cannot be modified, deleted or backdated. Factom’s technology decentralizes record keeping by ensuring that the integrity of stored data remains intact, providing complete transparency, while at the same time maintaining user privacy in an increasingly digital world. The Factom project began in 2014 which puts it on the older end of the blockchain spectrum. The team has made steady progress since then. They released the first version of Factom in early 2015 and had their token sale in the middle of that year. In August of 2015, they were accepted into the Plug and Play FinTech accelerator and were chosen as one of Austin’s A-List start-ups in May 2016. Based out of Austin, TX, the core team has multiple members with several years of experience in the blockchain space. Peter Kirby, Factom Co-founder and CEO, and Abhi Dobhal, VP Product Management, previously worked together at CoinTerra, Inc – a producer of ASIC miners for Bitcoin. The price of a Factoid is directly tied to the amount of network usage. As more businesses join the network, it will become more costly to submit Entries which will, in turn, affect the Factoid price. Once the number of Factoids being burned outpaces the 73,000 that are created each month, the currency will become deflationary. This may drive the price up even further.

SOURCE: COINGECKO

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