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Arena Match is acquiring EtherSportz 🚀
Arena Match has worked with the largest ESZCoin token holder to acquire 52% of the current ESZCoin circulating supply with the goal of removing them from circulation permanently in exchange for a long term partnership equity stake in Arena Match. This leaves roughly 3.2 million in circulation that will be available for swapping to AMGold. These remaining ESZCoin holders will be be able to swap from ESZ to AMG at a preferred price premium of 1 ESZ will receive 5 AMG tokens. Currently AMG is pegged at 0.0005 ETH for its starting IEO exchange rate.
📡 Learn More:
https://arenamatch.com/eszswap/🧐
ESZ to AMG Swap FAQ:
How much time do I have to swap from ESZ to AMG? ESZ can be sent to the swap / burn address at: "0xbdd13f084453908a7baf37d96ab32142c4368ac4" for the next 90 days from today until September 16th 2019. But the promotional founders bonus giveaway for gleam form users will end July 17, 2019. Act quickly if you want more bang for the buck!
What is AMG's value? AMG will have a starting IEO rate of 0.0005 ETH
Whats the conversation rate of ESZ to AMG? 1 ESZ can be swapped for 5 AMG
When will I receive my AMGold? Once AMG has concluded its summer IEOs(Initial Exchange Offerings) we will be distributing AMG to everyone after a short lockup period (TBD) post IEO. Check back for more tokenomic details soon.
How many ESZ will be swapped? We've estimated that 3.2 million could be swapped for 16 million AMG but this number could be much lower based on various factors.
Why are you acquiring EtherSportz? We believe EtherSportz mobile game library will increase revenues for Arena Match and save more than a year of development by acquiring their CS:GO matchmaking codebase. Speed is also very important as we want to reach first mover advantage.
What is Arena Match Gold ("AMG" or "AMGold")? Arena Match Gold will be used as our primary currency for perk purchases and esports skill-based betting on popular PC games. AMG will serve as a utility token creating a decentralized, community-driven virtual economy. Every quarter, we will destroy AMGold based on a % of transaction volume on our esports app which will continue to reduce the circulating supply overtime indefinitely and drive its rarity. Learn more at
https://ArenaMatch.comJoin the EtherSportz telegram if you have questions regarding the swap:
https://t.me/joinchat/FwN17U9zPhBp6LmAJ9t7DQ
