Blockchain Social Gaming Site Launches, Token Generation to Follow

The Phoenix Group Ltd. has announced the future launch of its social gaming site, FaceOff, which allows players to make peer-to-peer social challenges and win cash prizes based on the outcome of skill-based contests. In December, consumers will be able to challenge friends in head-to-head match-ups featuring their NFL, MLB, NHL, NBA, WNBA and MLS teams; the top UFC, Boxing and PGA players; and e-sports competitions.

In addition, the company announced the creation of iCash, a new Ethereum-based token, and its upcoming Token Generation Event (TGE) which is due in December 2017. The tokens sold at the TGE will fuel the development of a blockchain-based version of FaceOff, which is expected to improve the security, scalability, and availability of the platform; reduce transaction times and fees; immutably record all transactions to prevent fraud; and better protect the privacy of its users.



Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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