Open in app

Sign in

Write

Sign in

Ikonic — Join The Next Generation Esports & Pro-gaming NFT Marketplace At Ikonic

Silaskaibr
7 min readMay 1, 2022

--

About iKONIC

iKONIC will enable fans to own and share the best moments in esports history and will provide multi-million dollar esports events and businesses that are growing rapidly as new ways to connect with their audience. Video clips of the craziest and most spectacular game achievements are easy to print to NFT with just a few clicks. And with one or two more clicks, they will be registered and ready to trade on the iKONIC market.

Creators can design these NFTs to pay royalties for life or even generate an entirely new revenue stream through the sale of sublicense rights. And all of this is just the beginning! iKONIC will not only be another NFT marketplace. It would be a community — a movement. The iKONIC community’s passion for gaming is a tremendous force, and we’ll help them use it to do great things.

Together, we will:

  • Create a platform for an entirely new business model — one that will encourage and support the new, exciting, innovative game title: Game as a Service.
  • Create a new launch pad that will bring the next generation of indie blockchain games into the metaverse and create wealth for everyday gamers.
  • Create an expanded marketplace for all project in-game assets, complementing the ecosystem that will sustain their creations and help them thrive.
  • We all know this is a time of big changes in the game. iKONIC and their community will be at the forefront! The time has come for us, now, to Have the Moment.

iKONIC’s vision leverages our two big trends time

  • Esports boom
  • Blockchain game earthquake
    Each represents a colossal economic opportunity in its own right. But both are also part of a larger game metaverse. This gives us an amazing opportunity.

We can build a single business from these two trends at the same time and take advantage of the rich synergistic potential that exists between the two. Before we share the details of IKONIC’s vision, let’s summarize the current state of these two trends.

Blockchain Gaming Opportunity

Games are the beginning of another paradigm shift.

A massive virtual gaming economy with millions of dollars in annual GDP has been with us for quite some time now. Notable examples include EVE Online, World of Warcraft, and Second Life. However, until recently, the economic value of the time played in these games and the trades that took place on their internal markets remained largely locked in their respective unique universes.

Blockchain games break this barrier. Users are free to own in-game currency and game assets which are represented as blockchain tokens. And users are free to move tokens and exchange them for each other as they wish. This extraordinary development means that this valuable asset can now also be converted to financial value outside of the original game.

When you then add in the fact that blockchain businesses have lower overhead and don’t have to pay dividends to shareholders, this means more value remains in the game. As a result, more value can be distributed to more players each day and can also be concentrated into some spectacular prizes. Players can now play to earn. The new opportunities created by the blockchain-based marketplace also present new revenue models to support creative new game and game developers. Imaginative creators can also benefit from this blockchain-facilitated exchange that no longer requires an army of intermediaries. This trend is just getting started, so we don’t have too many examples to show. Nevertheless, the precedent set by Axie Infinity is striking.

In 2021, we see the stories of individuals with modest incomes in the Philippines using these video games to generate income and feed their families after the economic downturn due to COVID-19. One lucky individual even managed to buy two houses with his winnings. We haven’t even begun to understand the economic potential that awaits. But iKONIC is here to play its part in creating more amazing stories like this and helping its community prosper from this extraordinary economic change.

Esports is huge

Today, esports is a $950 million market that is expected to grow by 9% annually through 2023. When you’re not watching, multimillion dollar prize competition esports becomes something of an importance. Some are now paying out bigger prizes than the world’s inaugural golf tournament, The Masters. But if we look at this emerging market, we see something is clearly missing.

In the legacy sports business, there is a large secondary market that built by reliving great sporting moments of the past. This includes a large market for sports memorabilia and collectibles, with annual revenues of $140 billion per year. This traditional sector is undergoing its own blockchain modernization. NBA Top Shot has reported massive earnings that exceed $230 million in the span of a few months. They helped value this single company at over $2 billion.

But so far, there hasn’t been anything quite like this for the esports industry — not yet.

Maybe all of this is still very new, and things are moving and changing too fast. Perhaps we have lost a proper legal infrastructure. Major sports brands use sub-licensing to leverage and re-monetize their IP without losing or undermining their claim to the underlying property. We don’t have a blockchain copy of this kind of structure — until now. The technology is there now. And IKONIC stands to be the first in line to put it to good use!

There’s no longer any reason to stop us from succeeding NBA Top Shot in the esports market. We will help the highest profile contests use the power of blockchain technology to multiply their revenue and reach new audiences.

6 HOW ICONS CREATE VALUE

Now that we understand the enormous growth potential of this gaming trend, let’s see how iKONIC creates value from it. We plan to do this in six ways:

  • GAME CLIP TO NFTS IN SECONDS: iKONIC will offer users unlimited video clips for NFT printing experience. The platform will also make it easy and fun to add simple editing and development of video content, such as the unique templates and filters we enjoy on Instagram and TikTok.
    This platform will be fun and accessible to everyone. his vision is to develop a mass-market friendly platform that every gamer — both amateur and professional — can use to print and share gaming moments with friends and fans.

Easy-to-manage royalty and sublicense rights will be available for users within the platform, enabling them to control their content and manage and generate revenue easily.

  • IKONIC NFT MARKET: iKONIC will come with its own developed, built-in market. Initial design will focus on
    NFT game clips. This makes it easy for users to unlock real money values from their own recorded gameplay experiences.

As iKONIC progresses into advanced development, its existing market and community infrastructure forms the basis for a broader market for gaming-related digital assets. This expanded market, in turn, supports iKONIC games as a service. launch pad concept, which we explain below.

  • SHOWING YOUR NFTS: Have you ever been inside a serious collector’s house? Their trophy walls are truly impressive! iKONIC will finally bring this experience to the realm of digital NFT.
    Having NFT on IKONIC — both video clips and in-game assets — will feel like something real, interactive, and social, making it much more interesting and valuable to hold than other NFT alternatives.
  • PREMIERE Esports PARTNERSHIP: IKONIC will provide an incredible opportunity for top esports teams and events to connect with their fans and increase their popularity. These partners will benefit from iKONIC’s large, inclusive and engaged user base, strong marketplace, and social experience built to celebrate great video game moments.
    They will also be able to use the sublicense feature in iKONIC’s NFT templates to find new and exciting ways to generate revenue and fan engagement.
  • GAMING AS A SERVICE: The world will see more amazing game creations when game developers can trust that they have a huge player base to share. iKONIC will make it happen with the help of a new business model: games as a service. The idea takes inspiration from Netflix. This will offer the iKONIC community the opportunity to access a large library of great titles, all for a monthly subscription fee.

IKONIC TOKEN

IKONIC tokens are used to reward participants and unlock features on the platform.

  • Token Name: IKONIC
  • Total supply: 2,500,000,000
  • Hard hat: $6,000,000
  • Seed sale: $2,000,000
  • Strategic sales: $2,000,000
  • Public sale: $2,000,000
  • Initial market cap: $3,200,000
  • Initial circulation supply: 157,916,667
  • Total diluted market cap: $50,000,000
  • Estimated listing date: Q2 2022

TOKEN ALLOCATION

TOKEN EMISSION SCHEDULE

  • Seeds: 3% unlocked at listing, 97% vest daily for 18 months from day 181 after listing (approximately 5% per month)
  • Strategic: 5% unlocked at listing, 95% vest daily for 12 months starting 91 days after listing (about 8% per month)
  • Public: 20% unlocked at listing, 80% vest daily for 3 months from day 1 after listing (approximately 27% per month)
  • Advisor: Vest daily for 30 months, starting 181 days after listing (approximately 3% per month)
  • Team & Company: Vest daily for 36 months, starting 361 days after listing (approximately 3% per month)
  • Ecosystem & Referrals: Vest daily for 35 months, starting on day 31 after listing (approximately 3% per month)
  • Development: Vest every day for 48 months, from day 361
    after listing (about 2% per month)
  • Marketing & Operations: Vest daily for 45 months, starting 91 days after listing (approximately 2% per month)
  • Liquidity & Listing: 20% unlocked at listing, 80% vest daily for 16 months from day 1 after listing
  • Community Rewards: Emissions defined by the use of reward promotions on the network
  • General Reserves: Vest daily for 48 months, starting 361 days after listing (approximately 2% per month)
  • Ikonic AIdrop: Ikonic AIdrop

For More Information:

Author Details
Bitcointalk name : Silas Kai
Bitcointalk Profile link : https://bitcointalk.org/index.php?action=profile;u=3382086
Telegram username : @SilasKai
Wallet: 0x5ADCD956C149f463031896f2a2155527b78FDaC5

--

--

Silaskaibr

Written by Silaskaibr

35 Followers

Help

Status

About

Careers

Press

Blog

Privacy

Terms

Text to speech

Teams