The project team VeChainThor announced the first ICO that will take place on their platform – Plair Platform.
The Plair project focuses on gamers and aims “to bring their digital life into reality.” To achieve this, Plair plans to create an interactive ecosystem in which users will be rewarded for their participation, performance and contribution to the development of the system.
Patrick tan, General Director Plair Foundation, commented on the decision of the platform to hold the ICO on the basis VeChainThor:
VeChain for us is a powerful combo of professional advice, resources and community support. We are glad to cooperate with them, and are proud to be the first project, which will hold its ICO on this platform.
Plair is a blockchain platform where you can play, watch and talk about games. The platform will feature special tools for working with communities, the ability to make bets on games, analytical tools on the basis of AI. The founders of the project hope to create a world that would be free to develop all who are somehow connected with computer games.
Later Plair plans to release another white paper, which will be presented to all innovative project ideas from the technical side.
Hardcap of the project is 30 million U.S. dollars. The precise ratio of token VET and PLA will be announced may 25. Plair Foundation has pledged to collect at least 80% in VET.
In addition, Plair Foundation intends to retain all funds collected and use them only if other funding sources are exhausted.
It is worth noting that the choice of platforms for ICO was not accidental, as Plair is a member of the incubator VeChain. And CEO VeChain, Sonny Lou will act as a strategic consultant of the project.
Presale is scheduled for may 25, 2018. Detailed information about the project can be found in the corresponding thread on reddit