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RE: Nitro - World's first ICO backed by a publicly listed company

in #ico7 years ago (edited)

@kinwai Nitro (NOX) seems like a very interesting concept. If I understand correctly, holders of NOX (Nitro) tokens can partake in the video game economy? I like it.

So until now (i.e, the invent of Nitro) the top 10 video game companies made over 50% of the industry's total revenue?

With NOX (Nitro) tokens anyone can, among other things, vote on games (which were curated by Nitro teams) which they'd like to see funded. Can also use Nox tokens as "in game currency". Moreover, Nitro shares in the revenue from successfully funded games (and some of this money is later distributed to token holders!).

While all of that is taking place the Nitro (NOX) token may also rise in value!

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Exactly US$100 billion a year video-game industry with 53% revenue controlled by top 10 companies, this is outrageous. Time to disrupt the industry structure. It is an oligopoly now. Nitro aims to disrupt this structure and in the process benefits all NOX holders