Ether Legends (ELET) ICO Review
Ether Legends is a decentralized social networking platform that is putting users privacy and satisfaction as its first priority. It is an innovative approach towards transparent and independent means of user data ownership, reward on ads and free of speech. It is the first get paid to content creation and sharing ecosystem that leveraged OCR token payments for its reward system.
|Ico Time||Unknown – Unknown|
|Token Name||Ether Legends|
|Price||1 ELET = 0.001 ETH|
|Soft Cap||250 ETH|
|Hard Cap||17,500 ETH|
More about Ether Legends (ELET) ICO:
Officially founded in 2017, Elementeum Games is focused on improving the user experience for gamers that want to own digital content generated, while playing a game they love! The team saw an opportunity to introduce Ether Legends and its gaming platform, utilizing in-game loot and digital currency ecosystems, facilitated by Blockchain technologies. This provides players secure, tangible ownership of their digital content and collectibles.
Dating back to 2010, the rise of Bitcoin fueled the cofounders’ fascination with cryptocurrency and the utility of blockchain technologies. Understanding that Bitcoin was just one potential application of the underlying technology, the cofounders were excited to see what innovations would be made in the blockchain space. The 2015 release of the Ethereum platform opened up a world of possibilities for blockchain applications. After much research, the Elementeum Games team concluded that the Ethereum network was the ideal platform launch candidate for Ether Legends, its digital assets token and collectibles. Ethereum offers all the required infrastructure and functionality needed to bring the Ether Legends gaming platform to life.
Our mission at Elementeum Games is to become the preferred gaming platform for ‘player owned’ digital content while providing fun, secure, fair and balanced gaming. Put simply, we aim to be the best platform and ecosystem where players can earn, buy, sell, and trade collectibles online where players can truly own Ether Legends digital content. Mainstream gaming has brought ease for user experience with digital customization that includes; loot, rewards, currencies and customized skins. The problem is, you don’t actually own any of the content that is generated… The mainstream gaming company does. We want to give the power back to the players and help transform the industry in doing so. The team is committed to designing a ‘player focused’ infrastructure facilitating the creation of digital collectibles where players can experience a strong connection to all that Ether Legends has to offer.
The groundbreaking game platform that seamlessly enables physically released trading cards to be redeemed digitally, visualized, played, traded or sold as digital assets while providing a marketplace for the worldwide community. The first release to this platform is Ether Legends built on the Ethereum blockchain. Its stunning illustrative art, design and skill-based game play separate it as a true original with room for platform expansion and future game releases. The token, Elementeum, is the reward and currency that supports the digital ecosystem on this gaming platform.
Officially founded in 2017, Elementeum Gaming, LLC is focused on improving the experience for collectible trading card game players. The Elementeum Gaming team has worked together on many projects over the past 13 years, ranging from startups to significant roles in large corporations. With the emergence of mainstream blockchain technology, the Elementeum Gaming team saw an opportunity to introduce Ether Legends and its currency, Elementeum, in order to provide players secure, tangible ownership of their digital and physical cards and other collectible assets.
Best of both worlds… Ether legends is a physical and digital collectible trading card game with a breadth of scalability in the digital platform drive by our token currency, Elementeum (ELET).
Dating back to 2010 the rise of Bitcoin fueled the cofounders’ fascination with cryptocurrency mining and the utility of blockchain technologies. Understanding that Bitcoin was just one potential application of the underlying blockchain technology, the cofounders were excited to see what innovations would be made in the blockchain space. The 2015 release of the Ethereum platform opened up a world of possibilities for blockchain applications. After much research, the Elementeum Gaming team concluded that the Ethereum network was the ideal launch platform for Ether Legends, with all the required infrastructure and functionality needed to bring the Ether Legends gaming platform to life.
Our mission at Elementeum Gaming, LLC is to become the preferred gaming platform for digital trading card games. Put simply, we aim to be the best platform and ecosystem where players can earn, buy, sell, and trade online and truly own their digital assets. To do so, the team is committed to creating a collectible trading card game with seamless blockchain integration where players experience a strong connection to the Ether Legends characters, experience competitive, fair matchplay, earn rewards, and most importantly, have fun!
To succeed, the Elementeum Gaming team recognizes that Ether Legends MUST BE:
Skill-based over chance-based
Simple but maintain depth
Playable for all ages
Safe and secure
Our team is excited for this opportunity and for the future of Ethereum, bringing it one step closer to mainstream. The time is now. Don’t miss out on this opportunity to be a part of the next evolution of trading card game play. For more information on the team and experience, please read the whitepaper.
Next Generation Gaming
Ether Legends is a ground breaking collectible trading card game utilizing Blockchain technology for its fast, safe and reliable transactions while providing digital content ownership for all players!
- Collect limited release physical trading cards
- Collect limited release digital trading cards
- One-time online redemption of physical trading cards, transforming them into digital collectibles
- All cards collected are the cards used in game!
- Play the physical trading card game! (2019 Release)
- Play the digital game for free! Player versus player tournaments or campaign mode (2020 Release)
- “Forging” Forge your own collectibles! (2019 Release)
- Get loot! Choose which items to keep, or discard
- Earn Rewards and power up for battle!
- Experience gained is also a digital asset
Each Ether Legends trading card is a unique Ethereum ERC721 token crypto-collectible. This means that you have complete ownership over every card you own. Each physical card has a unique QR code for one-time redemption, secured by the Blockchain. To purchase Ether Legends digital goods using ETH or to redeem QR codes, download the Ether Legends App!
Start Collecting Now!
Why collect now? Early adopters get the best loot! Ether Legends collectibles being offerred are limited in the early phases of our project. All Physical Trading Cards, Digital Trading Cards (ERC721 tokens/NFT’s) obtained are the actual assets that will be integrated into the Ether Legends game upon release. Ether Legends first set ‘Men and Beasts’ is now available for digital purchase using the Ether Legends App! Visit our online store to purchase our featured, limited edition trading cards and other goodies!
The Power of Elementeum
Those who hold Elementeum, hold the power! Elementeum is an game currency (ERC-20 Token) embedded into the Ether Legends Blockchain gaming ecosystem and can be obtained from several exchanges listed below. Harness the power! Use Elementeum to forge your own unique digital crypto-collectibles. Ether Legends crypto-collectibles are non-fungible tokens (NFT’s) that can be equipped to your SkyBox avatar, character trading cards and can be bought, sold or traded in the OpenSea NFT Marketplace.
The Arena Awaits…
Do you have what it takes? Champion’s from all over ascend to the arena to battle opponents in the quest for ethereal power and fortune. Ethereal power is obtained by defeating an opponent and enables a player’s talents and special abilities. Ethereal power represents a players earned experience and can be applied to any one or all of your chosen champions. Test your might, obtain Elementeum and forge the most Legendary of loot. Collectibles, rewards and loot come in a variety of rarity. Common loot is represented by a silver border. Rare, is represented by a blue border, while Epic, is accompanied by greater power and a purple border. Legendary are the most powerful and rare of all, representing borders with a gold color. Any of these collectibles can be combined with other items called “Forging” that grant a player the chance for something spectacular.
Drop rates from random Men and Beasts card set contract (digital): Legendary 5%, Epic 15%, Rare 30% and Common 50%
Market and Feasibility
Collectible card games are here to stay. The blue-chip genre will earn $5.73 billion in 2017 across digital and physical. While physical still dominates the market, digital Collectible Card Games (CCGs) have been bolstered by major new entrants, including Hearthstone: Heroes of Warcraft. More than 37 million people play digital CCGs worldwide, accounting for $551 million in digital CCG revenue for Asia alone (2015E). Asia has the highest number of digital CCG players (10.9 million, or about 2.5x the number of physical players.) Players who bought booster packs and other CCG in-app purchases spent an average of $96 annually. 46% of digital CCG players use multiple platforms to play their games, and 5% of all players spend $250 or more a year, making them the “whales” of the digital CCG world.
Opportunity and Feasibility
The global digital CCG market is growing prodigiously, with a +13.4% compound annual growth rate (CAGR). Digital CCG is expected to exceed $1.4B 2017E, 1.6B 2018E and $1.8B 2020E in global revenue. Based on the figure of 2017E of $1.4B (digital CCG only), a market capture of merely 0.3 % would yield an estimated $42,000,000 in annual revenue for Ether Legends™. Booster pack and in-app purchases strengthen revenue opportunities. As shown in Figure 1, the market share between digital and physical revenue allocation shows opportunity in both markets with continual growth. Figure 2 shows continued growth of the digital revenue stream relative to total CCG revenue. Figure 3 shows the audience market ratio of players in 2015E.
Existing centralized solutions place consumers at risk. Players’ centralized accounts and deposits are subject to hacking, embezzlement, or even confiscation with little recourse for those affected.
Ether Legends™ is the first Ethereum-based decentralized gaming platform built specifically to give trading card game enthusiasts a fun, seamless experience while protecting player ownership of DGAs. Smart contracts on the Ethereum network allow Ether Legends™ to operate in a unique way that has never existed before. Participants completely control their funds and DGAs while using the secure Ether Legends™ user interface. Reward payouts are made in accordance with the rules of Ether Legends™ smart contracts. This decentralized model reduces transaction and other operating costs, amounting to savings that are passed on to the consumer and adding value that competitors cannot provide.
Ether Legends™ aims to be the preferred blockchain digital collectible trading card game and gaming platform, shaping the future of blockchain gaming projects. The initial focus of the Ether Legends™ project is on digital rewards, content, transactions and integration of blockchain features for the Ether Legends™ digital gaming platform. Ultimately, Ether Legends™ will be a leading brand in competitive blockchain digital CCG gameplay. Ether Legends™ will be the first of many amazing games powered by ELEŦ as the ecosystem currency. Ether Legends™ will also work with other blockchain developers, forging relationships to enhance security, utility, automation, and the gaming experience for all players. The in-app digital wallet will support any ERC20 standard based token with the ability to store, send, receive and view digital assets through a graphical user interface. The Ether Legends™ team aims to follow the example set by the OpenZeppelin project by creating a high-quality, open-source, reusable package of smart contracts that can serve as the foundation for other trading card projects. Doing so will encourage a higher level of participation on all parties’ platforms for standardization, toolsets and bring cryptocurrencies and decentralized applications one step closer to mainstream.
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