- Netflix hit “Squid Sport” has impressed a SQUID cryptocurrency.
- SQUID has surged practically 25,000% up to now week.
- Holders of SQUID can participate in on-line video games impressed by video games within the present.
Netflix hit “Squid Sport” has prolonged its attain into the cryptocurrency sphere with the SQUID token – and it is already up effectively over 20,000% this week, in line with CoinMarketCap.
“Squid Sport” is a South Korean dystopian collection about folks competing for prize cash in brutal survival video games. The hit series is a runaway success and has develop into a worldwide cultural phenomenon.
SQUID was buying and selling round 1.2 cents on Tuesday, nevertheless it’s now at $3.05 – a surge of just about 25,000%. Its market cap is now roughly $240 million.
Pre-sales of SQUID began on Oct. 20 and, in line with its white paper, “bought out in 1 second.”
It is a “play-to-earn” cryptocurrency. SQUID holders can participate in on-line video games impressed by video games within the present. Entry charges are charged in SQUID – 10% of which go to the builders, and the remaining is invested again into the reward pool.
“The extra folks be part of, the bigger reward pool shall be,” in line with the white paper. “Extra importantly, we don’t present lethal penalties apparently! Your expertise will solely mirror on the enjoyment of successful rewards and sorrow of shedding cash when the sport failed,” it provides.