The eGold project dedicated to the global esports betting sector has successfully reached its presale hard cap of 500 eth giving a 20% bonus to the ICO members. The first stage of the ICO campaign collected around $500,000.
444,444 EGL (10% of the total amount of tokens for sale) were distributed at this stage following the company’s roadmap and vision to provide various incentives to its community.
Mario Ovcharov, CCO at eGold commented: “The presale was planned to end on 8 February but we reached our hard cap so fast on the first day, which made us really excited and proud of our project and our community of supporters. We would like to thank all who took part in our project now. This is a solid proof of the huge potential that eGold holds for the industry and its members. We can’t wait to start the eGold sale which promises to achieve even better results.”
Following the success of the presale, all interested in cryptocurrencies and esports can join again on 18 February, 2018 when the sale of eGold will start. All participants can buy eGold tokens and be part of the ever-growing community of the project. Various bonuses will be available for the community during the first day and week of the sale. The eGold ICO aims to reach its hard cap of 5000 eth (around $6 mln according to the current Ethereum price) needed for the further development of the project’s milestones.
Ovcharov added: “eGold token will also be traded on major crypto exchanges soon. We are proud to present our own esports betting cryptocurrency that aims to become the first-choice payment method for the esports punters and crypto fans worldwide.”
The successful presale proceeded UltraPlay embarking on new appointments at the top of the company, including the appointment of a new Chief Executive Officer, a decision that was taken by the Management board jointly with Dariy Margaritov, who has successfully led the company since its foundation in 2010 as a founder and CEO.
Margaritov steps down of the CEO position and will continue to provide his profound knowledge and expertise in the gambling and crypto industry as an adviser to the company.
Margaritov, Founder of UltraPlay said: “Ovcharov is a perfect example of a top manager who has successfully made his career within the company. He brings an incredibly deep understanding of our business, proven track record and strategic approach that will certainly lead UltraPlay to the next successful milestones.”
Ovcharov added: “As part of UltraPlay’s family, I have been deeply involved in most of the company’s projects and developments that are described in the industry as innovations and avant-garde solutions. UltraPlay has a deserved reputation as a leading eSports betting solutions provider and I am determined to continue the company’s growth and establish its leading positions on the core and emerging iGaming and crypto markets worldwide.”
Along with Ovcharov’s appointment as CEO, Peter Ivanov will broaden his capacities as Head of trading. In his new role, he will deal with sports and eSports betting managing the in-house team of traders and following the company’s mission to offer highest quality products, widest games coverage, and unrivaled betting data to the iGaming operators. The company has recently announced its plans to further expand its sports betting portfolio, developing new betting functionalities as well as US sports dedicated branch for all sportsbooks ready to step up on to the next level.
Peter Ivanov stated: “We are in an excellent position to capitalize our growth, leadership and serve as integrity partner to the sports betting industry. We are going to do so for sure in the upcoming months by our continuous innovation and passion for delivering superb betting options.”