The sale is hosted by the Bittrex exchange, one of the largest and most reputable cryptocurrency exchanges in the world.
A total of 6,627,494 Breakout Coins BRK will be offered for Bitcoin at a base price of no lower than 0.00022222 BTC about 14.4 cents at current bitcoin exchange rates , which along with a prior sale and tokens for incentivising players and gaming sites, will bring the total number of BRK to ever be in existence to 19,500,000, according to co-founder Paul Kim.
Breakout Coin is part of the Breakout Chain blockchain for gaming, created by lead developer James Stroud, PhD, a co-founder of CryptoCertify, the cryptocurrency auditing and certification company; Randy Kim, a professional poker player with 20 years' experience in Los Angeles casino management; Paul Kim, with 25 years of experience in IT, computer science and gaming; and Gian Perroni, an iGaming executive with over 18 years of online gaming experience.
"The online gaming world has been waiting for a solution like this for many years," said Perroni.
"Breakout Coin will be used to denominate many of our gaming properties, and will be accepted at all of them, including our soon-to-launch eSports platform and our full digital game download store."
Miners who are responsible for the processing of BRK transactions also earn another type of token called SisterCoin SIS .