DAO PlayMarket 2.0 ICO
PlayMarket 2.0 is an app store based on the blockchain and smart contracts
November 8 – December 29
Interview with PlayMarket
BitcoinChaser: What kind of problem, market deficiency or opportunity inspired you to launch your project?
PlayMarket: The Android app market is a huge industry that is expanding from day to day. Access to this market is mainly provided through mobile app stores, which are dominated by Google Play. The exception is China, where alternative platforms (MyApp, 360 Mobile Assistant, Baidu Mobile Assistant, etc.) are popular.
All stores have a centralized architecture and practically none of them accepts cryptocurrency as a means of payment.
DAO PlayMarket 2.0 is a decentralized Android app store that accepts cryptocurrency payments. It is combined with a crowdinvesting (ICO) developer platform.
BC: How will your project address this problem, market deficiency or opportunity in a unique way?
PlayMarket: The key idea of DAO PlayMarket 2.0 is to create a decentralized self-sufficient community where users can make their own decisions without involving traditional centralized structures. The goals and objectives of PlayMarket 2.0 are to create a sustainable economic model for developers, investors and users by way of voting, and to develop a single tokenization standard for the mobile app market.
The decentralized storage architecture will provide a smooth and censorship-resistant access to apps, while the smart contract system will ensure secure purchases. The crowdinvesting (ICO) platform will enable developers to raise additional financing for developing their projects.
Thanks to a built-in cryptocurrency exchange, you will be able to purchase app’s tokens with any currency. To date, there are about a thousand cryptocurrencies, while the number of mobile apps has already exceeded one million. Our project team is launching a tokenization process for the mobile app market. This will lead to a rapid increase in the number of tokens all over the world and open a new huge market for cryptocurrencies.
BC: How do you think that competition will develop in this segment of the market following your ICO?
PlayMarket: We believe that our project will be able to compete with large android apps stores and destroy the monopolization of the market.
BC: For all those who have read your white paper and are still on the fence about contributing to your ICO, what can you tell them that could lead them to buy into your project?
PlayMarket: All the raised funds will be used only for the marketing, everything else we will do ourselves. Also, despite the amount we will raise, we will launch the project anyway.
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