Planet Digital Partners Inc. from Playstation executives, Take 2 / Rockstar and Guitar Hero

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Planet Digital Partners

Playstation executives, Take 2 / Rockstar and Guitar Hero announced the creation of Planet Digital Partners Inc., a video game publisher funded by Security Token Offering.

With the launch of its Rocket Token (RKT ™), Planet Digital will provide democratic funding for investors, publishers and developers and will provide distribution for a portfolio of games - including Cabela's “The Hunt”, “Cooking Mama”, and Bass Pro “The Strike” ...

Management and Board of Directors:

  • Steve Grossman, CEO: video game investor and publisher of more than 40 games, executive producer of the award-winning Nintendo World Championship;
  • Chris Deering, Advisor: Former President of Sony PlayStation Europe is considered one of the main sellers of PlayStation game consoles;
  • Kelly Sumner, Board Member: Former Take-Two / Rockstar CEO, Grand Theft Auto Publisher and Former RedOctane CEO, Publisher of the world famous Guitar Hero.

Planet Digital games will be available on all major platforms, including the PlayStation 4, Xbox One, Nintendo Switch, PC and Mobile. 

«Security Token Offerings provide a unique way to democratize investments and allow investors to participate in the process of earning profits at the earliest stages, compared to the process of placing public stocks. ”Said Steve Grossman, CEO of Planet Digital. "We are excited that we can use the blockchain in our games and offer gamers new experiences that were previously impossible".

The video game industry is a $ 135 billion business and is projected to surpass $ 2022 billion in the world by 180 (Newzoo). Blockchain is expected to be one of the biggest breakthroughs in the gaming space, and Planet Digital games will take full advantage of the technology, providing exciting new opportunities for players.

“We are most pleased to cooperate with teams of veterans of managers who use blockchain as an innovation for their industry”, - said Alan McGlade, co-founder and chief operating officer of seriesOne, partner and broker of Planet Digital. "Planet Digital defines this category."

About Planet Digital Security Token Offering 
Planet Digital's Security Token Offering will go through the ERC-20 Rocket Token ™ (RKT) standard, proportionally rewarding investors depending on sales of the Planet Digital Game.

RKT tokens will be tied to the sale of each game, and as new games are released, token owners will continue to profit from their sales. RKT is limited to 38 by millions of dollars at the starting price of 1 dollar, and RKT partners receive 80 percent of net profit until they pay back, after which this percentage drops to 40%, plus 5% of any sequels without investment obligations.

Potential participants and other interested parties can learn more at http://www.planetdigital.io and visit Planet Digital's booth # 208 at the North American Bitcoin Conference January 16-18 in Miami, Florida.

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