Gatecoin Launches Trading on eSports Cryptocurrency FirstBlood (1ST)

Gatecoin, the online trading site for cryptocurrency and blockchain assets, today launched trading of FirstBlood tokens (1ST) following the Ethereum based eSport platform’s recent crowdsale, where $6 million were raised in mere minutes. Users of the Hong Kong regulated Bitcoin exchange can now trade 1ST vs BTC and swap BTC for ETH, DGD, REP, USD, EUR, HKD and soon CNY.

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1ST token holders are entitled to play, watch and judge matches on FirstBlood, host tournaments and claim rewards in 1ST tokens based on gaming activity, for example, by earning a percentage of fees from watching or judging a match. 1ST is the latest Ethereum based token to be listed on Gatecoin.

Gatecoin was the first exchange to list ETH and REP, was an early mover on DAO and DGD, and says it will continue to facilitate promising Ethereum based ICOs and new token trading on its platform in the coming months and years.

Aurélien Menant, founder and CEO of Gatecoin, stated: “We are really excited to be part of the first eSports dapp on Ethereum, and believe that 1ST token trading will ensure the long term sustainability of the FirstBlood ecosystem. Dapps like FirstBlood will be the game-changers, encouraging more mainstream consumer engagement with Ethereum and more developers to create dapps on the platform.”

Joey Krug, technical advisor to FirstBlood, affirmed: "Fun, practical Blockchain applications are desperately needed if the space ever hopes to see serious consumer adoption. You can count on one hand the number of teams working on these types of projects: FirstBlood is one of them."