Dragonglass, the first gamified cryptocurrency gaming experience in the world, designed to provide a seamless and very simple mining solution, will launch a Token Generation Event (TGE) on Friday, February 16, 2018. During the event, a total of 1,111,111,111 Dragonglass (DGS) tokens will be generated and made available to contributors. The TGE will be the only source of funding for the project, where everyone will be invited to contribute by purchasing tokens. 

The Dragonglass team plans to raise 30,000 ethereum during the event, with most of the funds to be used for the development of future games and the expansion of their real-life cryptocurrency mining farm used for mining Ethereum blockchain transactions. Anyone interested can purchase tokens using ethereum, with the minimum required contribution being 0.05 ethereum. Purchased tokens can be used to mine Dragonglass in other Dragonglass games, sent to other people or simply held as any other cryptocurrency tokens. Contributors who purchase DGS will be able to start mining right away.   

“Unlike many other Initial Coin Offerings that raise funds in order to realize a project in the future, the Dragonglass mining game already exists and is fully functional,” said Chief Technology Officer Gleb Skibitsky, one of the two software engineers who created Dragonglass. “You can start mining right away, it’s not just empty promises, and there are no risks like with other projects that may or may not come into being even after an ICO,” he added.

During the TGE, the Dragonglass team will launch two new unique games which will allow contributors to play using tokens, as a way of continuing to offer added value and fun gameplay in the same package. “Dragon Pet” will allow users to feed and grow dragons with DGS tokens, while “Dragon Tribes” is a tournament type of game where users can either play individually or join a team, go on scavenger missions, fight enemies and survive to win the token jackpot. DGS token holders will be able to offer feedback on the games for the development of future Dragonglass titles. 

As the first cryptocurrency mining method in the world that allows users to mine while playing a game, Dragonglass takes pride in its simplicity and ease of use. Anyone with a modern iOS or Android device can mine DGS as soon as they download and install the free app. The Dragonglass app contains the “Dragonglass Miner” game – a fast-paced puzzle platformer set in medieval times, where players must carry out various tasks to save their family and mine DGS in the process -, and a cryptocurrency wallet that shows the user’s ethereum balance and DGS tokens. The game has 10 pre-designed levels and an infinite number of randomly generated levels. To register a mining event, players will have to complete and pass the game’s levels.

The application was designed specifically to run seamlessly and without using the resources of the mobile device where it is installed, being in no way different from any other 2D phone game. Unlike with other cryptocurrency mining operations, users will not require specific mining rigs or advanced hardware, which can be very expensive. By turning the mining process into a game, Dragonglass is reinventing the cryptomining process, offering a simple and enjoyable experience that is significantly more effective than traditional mining methods.

Dragonglass is uniquely positioned to continue its growth and expand its ecosystem by capitalizing on the fast growth of two markets: blockchain and mobile gaming. With hundreds of cryptocurrencies built on the Ethereum blockchain and the growing importance of blockchain technology in general for multiple industries, including the mobile gaming sector, “the gamified cryptomining business model created by Dragonglass seems to bring together the best of both worlds,” said CEO Mart Lume.