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Hash Rush’s Website: https://www.hashrush.com
ICO Facts: 70,000,000 tokens for sale, $1.83 million raised; Status: Closed. Held from September 20th to October 20th, 2017.
Token type: Rush Coin (RC) Ethereum token ERC-20 standard.
Initial token price: 0.001 ETH.
In a nutshell: Turns cryptomining into a strategy web game.
Editor’s Notes and Disclosure: The author holds no business stakes or dividends at the startup. This article is an informative one. Both the author and Decentral Magazine encourage our readers to seek advice from a financial advisor and do their due diligence before considering any investment.
Hash Rush is a world first sci-fi real-time strategy web game, with a unique concept that connects the virtual world of online gaming with our real world, through cryptocurrency mining.
As a matter of fact, depending on a player’s performance in the game in the virtual world, the player will be rewarded and paid in cryptocurrency: it turns cryptomining into a strategic web game.
As we live in a technological era, where people from all four corners of the globe are interconnected, players will have to build their own in-game mining colony, then aim to expand it and increase its mining power by spending Rush Coins, an ERC-20 standard token. These colonies are directly linked to the initial game founders’ mining farm, the “Hash Rush Mining Farm”. The mining power reached by a player is proportionally set in cryptocurrency. The game offers players the choice to cash out their earnings in either Ethereum (ETH), Ethereum Classic (ETC), ZCash (ZEC) or Monero (XMR).
From a security point of view, the risk of online piracy or fraud is almost non-existent, giving that the game’s account is directly linked to the Ethereum wallet of the founders. Smart Contracts ensure earnings cash-outs, so transfers can take place without any interruption of possible pirates, thus ensuring the safety of transactions.
During the Blockchain Solutions 2017 forum held in Barcelona early October 2017, Decentral Magazine interviewed Mr. Kristaps Vaivods the Project Lead and a Co-Founders of Hash Rush. He explained that it is basically a hash-powered, real-time strategy game, played on a randomly generated planet, where a player would start by building his own in-game mining colony.
The player then would want to develop it, by acquiring units and structures necessary for its further expansion. This would increase his stake in hashing power in the Hash Rush Mining Farm.
The mining colonies must then be maintained and defended. The hashing power of a giving mining colony directly correlates to a portion of the Hash Rush Mining Farm’s output, earning players a portion of the cryptocurrency their units are mining.
To put it in a nutshell, the higher the mining power of a given in-game mining colony, the more important is the reward in real-world cryptocurrency.
Hash Rush, roadmap
Thanks to crowdfunding, Hash Rush today exists. The ICO started on September 20th , and ended a month later. The game’s official website shows that they raised over $1.83 million. Contacted again by Decentral Magazine on November 6, 2017, Mr. Vaivods ensured that they have already achieved their main goal, giving that the amount of money they raised covers the game development costs. Additional funds were eventually collected by the end of October, for the development of additional online features.
Classic online paid video games remain expensive for a daily player. First, he must pay to have access to the game. Then, he would have to pay additional amounts of money each time he reaches a certain level, or when a certain update is required. Adopting a different approach Mr. Vaivods confirmed that Hash Rush would guarantee affordable prices, as part of their fundamental strategy. Players will only be asked to pay a one-time fee to buy an access to the online game’s platform. Subsequent updates will be free.
The game’s pre-alpha version will be launched on December 18th. It will be accessible to those who joined the pre-ICO and the first week of ICO: approximately 2000 people. Beta-testing is scheduled to take place during the summer of 2018.
What experience is required to play Hash Rush?
The developers are focusing on reducing the conceptual difficulties to make it possible for a player to start mining without having to be an expert in the field. The game interface will even make it easier and more entertaining. Necessary online and video Tutorials will be made available for users, to help them know the basics of cryptocurrency mining.
The Hash Rush team
The team is diverse and counts over 15 experienced and enthusiastic members. Their aim is to revolutionize the online gaming concept in the world. The Hash Rush Mining Farm is based in their facility in Riga, Latvia, where one of the Co-Founders resides. The Marketing Director, Mr. Craig Ritchie lives in Santa Cruz, California, in the United States, and is already working on its marketing strategy development in North America.
Given the entrainment focal nature of this project, the artistic aspect of the game is a key element in the development of the concept. It is under the direction of Mr. Dendy Dhamier the Lead Concept Artist & Illustrator, who is also the main designer of SIS in Central Asia. Mr. Dhamier graduated from the prestigious FZD School of Design in Singapore.