July 8 BreakoutCoin announced the completion of its public crowdsale, which raised about $557,000. A total of 4,357,800 BRK were distributed, with a further 2,269,694 burned and permanently removed from the market. With the crowdsale complete, Breakout Coin (BRK) is now trading on Bittrex.
Randy Kim, co-founder of Breakout, stated:
“We are very pleased with the results of this sale, and with the support that we received from both the cryptocurrency and gaming communities.”
Another crowdfund launched
Also contained in the announcement is that a second crowdfund was launched at 5:00 pm PDT on Sunday, July 10 on Bittrex with 6.6M Breakout Stake (BRX) being available at a price of 1,500/BTC. Any unsold BRX will again be probably destroyed by Bittrex prior to BRX being added to their exchange for trading shortly after the end of the sale, scheduled for 8:00 pm PDT on Sunday, July 24, 2016. An early buyer incentive bonus of 10% will last for the first 3 hours of the crowdfund sale.
A creation experts
The Breakout Coin and Breakout Stake are part of the Breakout Chain blockchain for gaming, created by a diverse team consisting of gaming and cryptocurrency experts, including lead developer James Stroud, PhD., a co-founder of CryptoCertiy, the first cryptocurrency auditing and certification company; Paul Kim, with 25 years of experience in IT, computer science, and gaming; Randy Kim, a professional poker player with 20 years’ experience in Los Angeles casino management, and Gian Perroni, an iGaming executive with more than 18 years of online gaming experience.
Breakout Stake (BRX) is one of three cryptocurrencies that can be used in the Breakout Chain. The others are Breakout Coin (BRK) now trading on Bittrex, and miners who are responsible for the processing of BRK transactions also earn another type of token called SisterCoin (SIS).