MindArk

DeepToken, a blockchain-powered token for Entropia Universe
and IP Exchange

The only virtual universe
with a real-cash economy, online since 2003

Advanced KYC/AML on payments, token consumption within Entropia Universe,
and new protocols for international IP licensing and exchange. Backed by MindArk’s
20 years of expertise in virtual reality development and virtual currencies

MindArk - creators of the technological platform Entropia Universe launched in 2003 - intends to undertake a token sale which will raise capital to fund and operationalize the creation of an Intellectual Property Exchange (‘IPX’). The IPX will be powered by DeepToken, also known as DTA. We are issuing 100 million tokens for purchase.

Token Sale starting in
0{{ date.days }}
days
:
0{{ date.hours }}
hours
:
0{{ date.minutes }}
mins

COUNTDOWN
0 {{ date.days }}
days
0 {{ date.hours }}
hours
0 {{ date.minutes }}
minutes
0 {{ date.seconds }}
seconds
Sold
{{ parseInt((Math.ceil(+exchange.sold / 1e+18)).toFixed(2)) }} DTA
Available
{{ parseInt((+staticSettings.amountDTAToSell * +exchange.raisedETH) - (+exchange.sold / 1e+18)) }} DTA

Dear DeepToken DTA holder,

MindArk has been actively developing and operating its flagship product, Entropia Universe, and continues to pave the way for virtual environments that function with true economies. Through this process of innovation, we are continually pushing the envelope of what we envision virtual worlds can become.

DeepToken

DeepToken DTA is now closed. Our decision to not offer a pre-sale for DeepToken DTA meant that the discussions and negotiations with larger investors were ongoing during the initial sale, with some investments coming in just before and after the end of the initial sale. This level of interest was promising for the DeepToken project; MindArk is now preparing for the next sale DTB, and incorporating all that it has learned will certainly help to make DeepToken a big success. The closing administration work and the distribution of the Airdrop promotion tokens are underway and will be finalized shortly.

We believe that the development of DeepToken is an important step toward elevating commerce via digital currencies and assets that will push the industry forward for businesses and individuals wishing to leverage the virtual space. Through partnerships and community support we will achieve the vision that we share with many of you.

As you may have read in our whitepaper, the first-round sale of DeepToken DTA was never intended to be the only round. During this first round, we have been grateful and impressed by the vast amount of input from our supporters, investors, and industry partners. There are always areas for improvement, and we appreciate those of you who have invested in our vision of DeepToken in its earliest stages.

As we prepare for DeepToken DTB, we wanted to inform you that due to your early adoption of our vision, we will be granting all investors an amount of complementary DeepToken (DTB) calculated on the amount you invested in our inaugural offering. All forms of DeepToken will be used in our vision, and all will carry weight in our platforms, especially for those of you who have been supportive enough to support our first sale.

After a brief period of adjustment and optimization of our systems, we will launch a six-month presale of DeepToken DTB, with additional bonuses, airdrops, bounties and incentives. This adaptation will not change the vision and goals set forth on our website and in our whitepaper. It will allow us adequate time to promote and strengthen our offering to the benefit of all stakeholders.

Thank you, and please be sure to reach out to our growing community with questions, and other
communities you believe might be a good contribution to MindArk’s vision for DeepToken.

Further information on DeepToken DTB will be posted on this website.

DeepToken in Entropia

Who is Mindark?

DeepToken Concept

mindark

Vision

MindArk, creators of the virtual reality platform Entropia Universe, created DeepToken as an extension of its vast ecosystem consisting of business developers, institutions, token holders and bitcoin loophole 2021 platform users. From the start, DeepToken holders will benefit from the connection and consumption of tokens within Entropia Universe, and through the creation of the IPX, DeepToken will have a multifaceted use.

We also plan to continue collaborating with leading-edge institutions and increase our investment into deep technologies including artificial intelligence (AI), deep learning, machine learning, virtual reality (VR), augmented Reality (AR). Through the implementation of a tokenized economy and banking system functioning through smart contracts on the Ethereum Blockchain, we will create the economic, technological and social platform of the future.

This will be achieved by direct connection to a system already functioning for 15 years within the virtual Entropia Universe, which features the gradual 'micro decay' of any virtual item used within the Entropia Universe platform. We will create exciting new content and systems for our existing and future users and continue to expand our 3 million registered accounts.

MindArk will also create a global ecosystem for the exchange and sale of intellectual property and digital assets on the IPX. With plans to establish the world's first real-world bank to hold its capital in a digital currency, MindArk will be well positioned as a custodian of this ecosystem, while also pursuing additional research and development into deep technologies.

  • DeepToken holders will immediately benefit from the consumption of tokens used for transactions within Entropia Universe, which has over 3 million registered accounts; as well as over 70,000 currently available assets which will be introduced into the IPX by MindArk and existing partners.

  • DeepToken is an alternative currency for Entropia Universe users, giving DeepToken an instant real value to its holders and real savings on traditional credit card and other transaction fees.

  • The global IP market is worth an estimated $180 billion annually, but it is inefficient and inaccessible. In its token sale, MindArk will establish the world’s first Intellectual Property & Technology Exchange (IPX) to broaden access to the market and improve the mechanisms for licensing intellectual property and digital assets.

  • 2.1 million patents are filed each year globally with a commercial success rate of approximately 2%. The IPX will improve the commercial viability of IP and digital assets by making the licensing and promotional process more collaborative, more transparent, cheaper, and most importantly, easier for all parties involved.

  • DeepTokens facilitate transactions between parties on the IPX. Functioning as both the contract for licensing information and assets as well as the platform’s currency.

  • The blockchain creates an immutable record of every token and every transaction. The immutable record means transactions can be split into smaller, easily traceable, packages, completely transparently. This will allow the ‘crowdfunding’ of digital assets, where multiple parties can license assets reducing the financial barrier for entry to the market. Using ‘smart contracts’ the IPX will further simplify the process by automatically defining the price, duration and entitlements of the purchaser and compensation of the asset provider.

  • Beyond the IPX, Mindark may include subsequent raises for the MindArk Bank to strengthen the IPX as well as for Mindark’s accelerator program, which will nurture and fund the development of new IP and digital assets. These additional raises will serve as mechanisms that enable and empower for growth for existing entities and entrepreneurs, allowing them to realise the value of their assets, facilitated by DeepToken, through the IPX.

DeepTokens - Benefits

Benefits of DeepToken for token holders:

The consumption of DeepToken in the deposit and withdrawal process and in conjunction with the deterioration of Entropia Universe items will reduce the number of tokens in circulation and thereby increase the demand for and value of all remaining tokens, in line with basic economic theory. Entropia Universe platform users will find DeepTokens as a way to save money and time when performing deposit and withdrawal transactions in Entropia Universe. DeepTokens will also be required by users of the IPX, further increasing the usage of and demand for DeepToken.

Benefits of DeepToken for
Entropia Universe platform users:

  • Entropia Universe platform users will have the ability to expedite their transactions by utilizing DeepToken.
  • Use of DeepToken within the existing platform will be incentivized by reducing expenses when compared to deposits made with traditional fiat currencies.

Benefits of DeepToken for business developers:

  • Streamlined access to deep technologies such as bitcoin prime, a Bitcoin automated trading bot.
  • Single platform for concept, development, testing and implementation.
  • Expedited processing of products/concepts allowing open market distribution at reduced costs and timelines.
  • Use of a proven product model and existing customer base.
  • Access to MindArk's ever evolving AI, VR, and AR tools.

Benefits of DeepToken for business developers:

  • Access to a user-friendly VR platform in which to test their unique concepts.
  • Ease of access to developers and assets for new product development.
  • Ability to utilize existing Entropia Universe platform users to refine their concepts and products before full-scale release.

The immense volume of social and economic activity and data already generated within the Entropia Universe platform over the last 20 years, together with AI and deep learning technologies already under development by MindArk, will facilitate major strides toward a Artificial General Intelligence (AGI), bringing us one step closer to the possibility of integrating human consciousness into our virtual universe.

DeepToken Bonuses and Incentives

MindArk decided not to offer pre-sale discounts from the beginning, as it wanted the DeepToken sale to be open and transparent, with no “behind the scenes” or murky discount deals. Instead, MindArk will offer early adopters and volume buyers of DeepToken bonuses.

Due to lots of requests for information on bonuses and volume purchases from potential investors, here is an outline of the DeepToken bonus systems.

time

Volume-based Bonus

  • {{filteredDiscounts.volumeDiscounts[0].dtaAmount}} DTA to {{filteredDiscounts.volumeDiscounts[1].dtaAmount - 1}} DTA {{filteredDiscounts.volumeDiscounts[0].bonusPercents}}% Bonus
  • {{filteredDiscounts.volumeDiscounts[1].dtaAmount}} DTA to {{filteredDiscounts.volumeDiscounts[2].dtaAmount - 1}} DTA {{filteredDiscounts.volumeDiscounts[1].bonusPercents}}% Bonus
  • {{filteredDiscounts.volumeDiscounts[2].dtaAmount}} DTA to {{filteredDiscounts.volumeDiscounts[3].dtaAmount - 1}} DTA {{filteredDiscounts.volumeDiscounts[2].bonusPercents}}% Bonus
  • {{filteredDiscounts.volumeDiscounts[3].dtaAmount}} to {{filteredDiscounts.volumeDiscounts[4].dtaAmount - 1}} DTA {{filteredDiscounts.volumeDiscounts[3].bonusPercents}}% Bonus
  • {{filteredDiscounts.volumeDiscounts[4].dtaAmount}}+Contact DeepToken support
value

Time-based Bonus

Purchases made:
  • {{filteredDiscounts.timeDiscounts[2].daysTillEnd}} (or more) days
    before sale end {{filteredDiscounts.timeDiscounts[2].bonusPercents}}% Bonus
  • {{filteredDiscounts.timeDiscounts[0].daysTillEnd + 1}}-{{filteredDiscounts.timeDiscounts[1].daysTillEnd}} days before sale end {{filteredDiscounts.timeDiscounts[1].bonusPercents}}% Bonus
  • 0-{{filteredDiscounts.timeDiscounts[0].daysTillEnd}} days before sale end {{filteredDiscounts.timeDiscounts[0].bonusPercents}}% Bonus

Note: Volume and Time based bonuses will each be calculated individually from the initial investment amount.

All bonus tokens will be placed in your "Reserved" account until the sale has ended, they will then be transferred to your user account

If you purchased DeepTokens before these bonuses were implemented, you will receive an email shortly with instructions on how to claim your bonus.

IP Exchange/IPX

The IPX is a revolutionary platform that connects owners of digital assets and intellectual property with those seeking to access and license those assets. It will be the first ever repository of digital assets and intellectual property backed by blockchain technology and an existing profitable model that compliments its current and future ambitions. The blockchain will ensure that the exchange of assets is fast and transparent and due to its immutable nature, fraud and theft will be virtually impossible over the exchange.

IP Exchange/IPX

A brilliant technology is owned by a patent holder in Sweden.

IP Exchange/IPX

An investor from Indonesia sees an opportunity for commercialization in their local market.

IP Exchange/IPX

The IPX enables the investor to locate the technology; establish a dialogue with the patent holder; agree a license agreement through a smart contract recorded in DeepToken; and pay the monthly license fees in DeepToken.

Partnerships & Development Accelerator

MindArk will launch an accelerator program to fund developers and offer professional guidance to their teams, maximizing the value they create for themselves and a variety of development platforms.
Developers will be encouraged to monetize new assets they create through the IPX, creating opportunities for them and nurturing the platform’s growth.


Deeptoken

Token Allocation

The token sale will take place March 2018 via www.DeepToken.io. 125 million tokens will be generated following the event, with 100 million tokens available for purchase. The remaining 25 million will be allocated to MindArk to provide a capital buffer.

cheme1

Token Sale Proceeds allocation

  • Development of the IPX including Entropia Universe Development - 50 %
  • Marketing and PR - 25%
  • Business Development (B2B) - 5%
  • Legal and Regulatory - 5%
  • Token Offering Costs (Advisors and Enablers) - 10%
  • Contingency Fund - 5%
cheme1

Token distribution

  • Token Sale - 80%
  • Capital Buffer - 20%
roadmap

Roadmaps

DeepToken Roadmap:

DeepToken Token Generation
Event launch

2018

Implementation of
DeepToken to the Entropia
Universe payment and
consumption eco-system

2018

Development of the IPX with
70,000 digital assets as base

2018

Launch of IPX for public use

2019

Total of 150,000 assets
available on the IPX from
partners and third parties

2019

DeepToken trading volume
exceeds $25 million USD
across exchanges

2020

Total of over
300,000 assets including
Deep Technology solutions
to be available on the IPX

2020

DeepToken trading volume
exceeds $100 million USD
across exchanges

2022

MindArk Roadmap:

Application submitted
to the Swedish Financial
inspector for MindArk Bank.
MindArk Bank will serve
as the custodian of the IPX

2018

MindArk Bank launch
(subject to approval)
MindArk Bank will serve as
the custodian of the IPX

2019

MindArk develops
new VR, AR and AI
technologies available for
licensing through the IPX

2019

10 companies accepted as
part of the Accelerator
Program using and
contributing assets to the IPX

2020

Launch of three
new planets into the
Entropia Universe resulting
in upward of $3 million
USD flowing through the
IPX as well as thousands
of new digital assets

2020

History of MindArk and Entropia Universe

1999

1999

Development of the Entropia Platform Begins

MindArk begins development of their flagship virtual environment, Project Entropia. In January 2003, Project Entropia was publically launched and by 2004 MindArk recuperated their entire development expense since inception.

More
2002

2002

Imaginary Worlds, Real Cash.

Project Entropia develops the ability for players to convert funds from the real world into their game currency, PED. Players use PED in the virtual environment as a true currency for trade, and are able to withdraw PED back to the real world at a 10:1 ratio to the US Dollar.

More
2003

2003

Entropia Universe launch with 1st virtual planet, Planet Calypso

Sweden based developer, Mindark, announces that Project Entropia will go live for the world to play and download on January 30, 2003. The first MMORPG to forego monthly charges now available to download anywhere on the globe, for free.

More
2004

2004

Guinness World Record Book. Virtual land sale, 26,000 USD

In 2004, Australian gamer David Storey made headlines around the world when he purchased a virtual island in the online game Planet Calypso for a cool US$26,500.

More
2005

2005

Asteroid Space Resort land sale, 100,000 USD. Enters 2008 Guinness World Record Book

MIAMI, FL -- (MARKET WIRE) -- August 21, 2006 -- Jon NEVERDIE Jacobs, the Gamer who bought a Virtual Asteroid inside Entropia Universe in late 2005, reports the Club NEVERDIE, his virtual Resort, grossed $100,000 USD in the first eight months of operation.

More
2006

2006

Shopping Mall Auction

MindArk announced the winners of a public auction for the three virtual mall properties within the world. Bidding lasted from Dece 19 into the evening of Dec 29, with the total winning bids amounting to US$179,668

More
2006

2006

Entropia Universe users get ATM card to access online earnings

Today the makers of Entropia Universe, plan to introduce a real-world A.T.M. card that will allow players instantly to withdraw hard cash automatically converted from their virtual game treasury.

More
2006

2006

Entropia Universe hosts Nobel Prize winners after party

The Nobel Laureates and their guests, members of the Swedish Royal family, the Nobel Foundation and the Swedish Academy will celebrate at a Nobel NightCap party at the Stockholm School of Economics

More
2007

2007

Virtual Banking License sale, 5 Bank Licenses sold for 404,000 USD

Entropia Universe creators MindArk PE AB today announced the long-awaited results of the very first virtual banking license auction after months of active bidding. The five licenses sold for an astounding total of $404,000

More
2007

2007

Best Original Game

Entropia Universe was deemed "Best Original Game" at the E for All Expo in Los Angeles, The event saw 18,000 visitors over four days, with MindArk staff conducting a range of special competitions, give-aways and fashion shows for fans and media. Entropia Universe was subsequently deemed Best Original Game at the E for All Convention by https://www.pcworld.com/

More
2008

2008

Kevin Rudolf and Lil Wayne, “Let it Rock” in Entropia Universe

MindArk PE AB, developer of Entropia Universe, the #1 Virtual World with a real cash economy, today announced they have licensed the Mega Hit "Let it Rock" by Kevin Rudolf and Lil Wayne.

More
2008

2008

Emmy Contribution

Entropia Universe was the first Virtual World to contribute to an Emmy® Award winning production.

More
2008

2008

Rock Band Motorhead, Lemmy launches own private army in Entropia Universe.

Entropia Universe & Motörhead Host Virtual World Events To Win VIP Passes To See Motörhead Live In Concert

More
2009

2009

Virtual Space Station land area sale, 330,000 USD

For the incredible amount of $330,000, the space station Crystal Palace has been won by Buzz in the in-game auction system of Entropia Universe.

More
2009

2009

Entropia Universe upgrade to CryENGINE 2

Swedish developers of the Entropia Universe, announced it will use the latest HP BladeSystem c‐Class servers in its data centre to accommodate the upcoming transition of Entropia Universe to the CryENGINE®2 graphics engine.

More
2009

2009

100 Brilliant Companies List

In 2009, MindArk was named as one of the "100 brilliant companies" in the prestigious, subscription-based Entrepreneur magazine.

More
2010

2010

Swedish Financial Institute issues MindArk Real Work Banking License

The Swedish Financial Supervisory Authority (Finansinspektionen) has granted a license to conduct banking activities to virtual universe developer MindArk PE AB’s wholly owned subsidiary Mind Bank AB

More
2010

2010

Asteroid Space Resort sold between players for 635,000 USD

A gamer who made headlines when he purchased a virtual asteroid for $100,000 in 2005, has now sold the asteroid off to other players for a total sum of $635,000 to fund the development of his own planet.

More
2010

2010

Virtual Egg sells for $69,000

Jon "NEVERDIE" Jacobs put the egg up for public auction, and ended up selling it to David "Deathifier" Storey for the low price of only $69,000! Mr. Jacobs acquired the egg in 2006 for $10,000

More
2010

2010

Virtual world platform launch

MMORPG Developer MindArk Fulfils Visionary Milestone by Introducing Entropia Space to Encompass the Planets of Their Swiftly Evolving Virtual Universe.

More
2010

2010

Planet Rocktropia Launch

ROCKtropia is an MMORPG & Virtual World Hybrid that is shaping the future of Virtual Reality.

More
2010

2010

Entropia Universe works with ESA (European Space Agency)

The contract for the study on the use of online game technology for space-related purposes was awarded to MindArk by the European Space Agency (ESA)

More
2010

2010

Planet Nextisland Launch

The planet of Next Island launches, bringing scenic views, beach living and access to ancient greece through their time travel mechanisms.

More
2011

2011

Calypso Land Deed sale, 60,000 deeds @ 100 USD = 6 Million USD

MindArk announced that it will introduce a Citizenship System to Planet Calypso. The new system will provide revenue sharing to participants, and add a political system.

More
2011

2011

MindArk launches Space

MindArk today announces the introduction of Entropia Space. This new addition is unique in the Game market as most Space games only provide space and spaceship environments

More
2011

2011

“The Thing” and “King Kong”

Entropia Universe, Planet Rocktropia company license “The Thing” and “King Kong” from Universal Partnership & Licensing

More
2012

2012

Planet Arkadia Launch

Planet Arkadia defines the future of online science fiction games with action-oriented combat, customized personal storylines and epic dynamic events!

More
2012

2012

MindArk partners with Ericsson to develop Voice Proximity Chat

In a keynote speech at the Consumer Electronics show (CES) in Las Vegas, Mr. Hans Vestberg, President and CEO of Swedish telecom giant Ericsson, demonstrated the Proximity Voice Chat system used in Entropia Universe

More
2012

2012

Planet Cyrene Launch

Cyrene features a genre mix of science fiction and fantasy. Shamanistic natives and robot invaders are fighting each other.

More
2013

2013

Virtual Moon Sale, 150,000 USD

Entropia Universe AB announced today that it has auctioned off a newly discovered moon in Entropia Universe. The moon went for $150 000

More
2013

2014

Planet Toulan Launch

Planet Toulan is the youngest planet in Entropia Universe, launched in February 2014 with Version Update 14.5 , Toulan is developed and operated by Jordanian company "Beladcom Studios", featuring an Exotic Arabian Nights Sci-Fi themed setting.

More
2014

2014

Arkadia Underground Deeds sell for 1 Million USD

A US$1 million property has met with strong demand after its launch last month. But there is a catch: the property exists only online. This has not stopped Arkadia Underground "deeds" from being a hit with the players

More
2014

2014

Love in Virtual Reality

Entropia Universe announced today a classic virtual love story. Boy meets girl, boy and girl bond over hunting dangerous creatures, boy and girl fall in love. They have their virtual wedding officiated by a spaceship captain, and then follow through with their real world wedding after.

More
2014

2014

Equus Spaceship sale, 25 spacecraft @ 5000 USD = 125,000 USD

MindArk PE has announced that the studio's Entropia Universe, will be auctioning off 25 high-performance "Quadwing Equus" spacecraft for the popular real-cash MMO title.

More
2015

2015

President of Virtual Reality election

Mindark PE AB, Developer of Entropia Universe, the Real Cash MMO Virtual Reality platform announced today the introduction of a new democratic voting system and election date for choosing the inaugural President of Virtual Reality.

More
2016

2016

Entropia Universe announces cross platform trading to ComPet App game

MindArk releases ComPet, a new mobile beast battle game. Tying the pet taming system from the Entropia Universe and the Project Entropia Dollar into a new entertainment medium.

More
2016

2016

10 Most Expensive Virtual Items Ever Sold

YouTube Video by Top Trending, Entropia Universe featured 6 times, takes all the top 5 places.

Watch
2017

2017

Gesture Development

With advancing technology in gesture recognition, MindArk begins initial testing on how to best utilize this evolving technology for the Entropia Platform.

More
2017

2017

MindArk awarded 200,000 USD for Social VR experience development

MindArk has been awarded 1.800.000 SEK to finance the development of a Social-VR experience compatible with mobile devices.

More
2017

2017

MindArk announce, Business VR, a new Business-2-Business product offering

Businesses will soon be able to conduct virtual "avatar meetings", allowing users to meet "face-to-face" in an interactive digital world.

More

The MindArk Team

Jan Welter
Jan Welter Timkrans
Jan is the creator of Entropia Universe, the Founder of MindArk PE AB, and Chairman of the Board. He has more than 40 years of experience in executive leadership positions.
David Simmonds
David Simmonds
David was the Chief Executive Officer of MindArk between 2011-2014 and is now Vice Chairman of the Board and Head of Business Development. David has 15 years’ experience working in virtual reality environments with virtual currencies.
Henrik Nel Jerkrot
Henrik Nel Jerkrot
Henrik is the Chief Executive Officer of MindArk. Having studied the Management and Economics of Innovation at Chalmers University of Technology in Gothenburg, Sweden, he was an early adopter of crypto. A passionate gamer, Henrik has been with MindArk since 2016.
Magnus Eriksson
Magnus Eriksson
Magnus is Chief Operations Officer at MindArk. With over 18 years’ experience developing computer games, backed up by an MSc in Computer Science, he is MindArk’s specialist in game system design and balancing, as well as virtual economy theory. Magnus is Chief Operations Officer at MindArk. With over 18 years’ experience developing computer games, backed up by an MSc in Computer Science, he is MindArk’s specialist in game system design and balancing, as well as virtual economy theory.
Gunilla Krogh
Gunilla Krogh
Gunilla is Chief Financial Officer at MindArk. She has been at MindArk since 2007, overseeing KYC/AML processes in the business and has over 25 years of experience in accounting and finance.
Klas Moreau
Advisor Klas Moreau
Klas is a determined and results-focused industry leader, with 20 years of progressive leadership experience in global enterprise environments including Ericsson, Sweden's world-leading telecommunications corporation. Former CEO of MindArk (2014 – 2017) Klas had been with MindArk since 2012 where he was Technical Director. Prior to this he was at Ericsson from 1995, during which time he covered a number of positions including Development Engineer and manager, Head of WiMax Radio Base Station, Acting Head of PDU Packet Core and Head of Business Unit CoordCom at NSPS. Now his expertise lies in steering large scale, highly visible business units, in addition to building and developing technology-centered companies. Klas remains committed to the vision and mission and MindArk serving as one of its core advisors.
Oliver Oram
Advisor Oliver Oram
Oliver is founder and CEO of the Anglo-Swedish Chainvine and has spent many years working internationally in the Financial Technology sector. With a very good understanding of the Nordic and UK markets, he also has valuable experience in the US, Chinese and Russian markets. With a focus on the economic benefits of full and incremental decentralization, Oliver has a strong interest in developing current and future decentralized technology, especially in the areas of property rights, governance both corporate and public. He is a regular speaker at events around the world, specializing on blockchain and the digitization of process, including the certification process, supply chain logistics, Internet of Things and financing / trading activities. Oliver is also one of the lead advisors to MindArk and has been working with the team since 2017.
Jerome Rousselot
Advisor Jerome Rousselot
Dr Jerome Rousselot is the founder of Jita, an advisory services business helping startups and companies to define their strategy, build their team, review their technology roadmap and improve their security practices. Jerome has been active in blockchain for four years as Chief Revenue Officer for Mycelium, one of the best rated Digital Wallets in the Google App Store. Jerome is also a public speaker, impact investor and organizes international workshops. Jerome obtained his PhD at EPFL, Switzerland. Jerome has been advising MindArk since 2017 on its introduction of blockchain technology, formation of the IPX and the DeepToken token sale.
Lawrence Wintermeyer
Advisor Lawrence Wintermeyer
Lawrence Wintermeyer is a globally recognized digital financial advocate, advisor, and investment manager. Based in London, he is the principal of Capstone, an advisory and investment firm focused on digital disruption in business, consumer and government sectors, in a career spanning more than 25 years in financial services, TMT, and energy. He is the former CEO of Innovation Finance, the independent not-for-profit fintech members association, which supported the UK ecosystem in developing the premier fintech hub in the world. Lawrence has worked in the venture capital and private equity markets and has experience owning, running and advising investment managers and technology start-ups. He sits on a number of commercial, charity, and NGO boards, panels and working groups, often in a pro bono capacity, to promote progressive policies for a transparent, secure and quality digital future for everyone. Lawrence has been advising MindArk since 2017.
Shaun Klein
Advisor Shaun Klein
With over fifteen years of business development experience, as both a manager and owner of various enterprises, Shaun has built a strong network internationally in which he expands his endeavours. His current enterprises include teams and partners on every continent that work efficiently together to accomplish the tasks they are set to. Unconventional yet effective in his methods, he has succeeded in many niche markets where others have failed. Additionally he is the founder and acting director of one of the largest business entities within the Entropia Universe. As an active participant in Entropia for nearly a decade, he brings a unique and well suited perspective for implementation of the IPX and the DeepToken offering.
Hans Anderson
Advisor Hans Anderson
Hans is a seasoned financial services professional, with fifteen years’ experience with the Swedish bank Handelsbanken. He will work as advisor to the new bank’s management team, bringing his wealth of experience to bear during the operationalization of the business.
Jens Bader
Advisor Jens Bader
Jens has a rich management background with more than 20 years of experience in the Online and Mobile Payments industry. A seasoned commercial leader, Jens recently co-founded MIR Limited, an FCA-licensed FINTECH group that develops and operates second-generation electronic money services servicing on- and offline merchants. As Chief Commercial Officer of MIR he designs and oversees the commercial strategy of the Group. Previously he was Chief Commercial Officer of Secure Trading Group, a leading European Payment Service Provider and Card Acquirer. At Secure Trading Jens managed the Groupǯs revenue generation and retention. In his prior role as CCO of paysafecard he led the global Account and Sales Management Teams overseeing and managing all commercial merchant relationships. Before joining Paysafecard in 2010, Jens was holding various roles in the payments industry with blue-chip financial institutions as well as payment start-ups. Jens is a frequent speaker on payments and fraud-related topics worldwide.Jens holds a degree in International Business Management. A specialist in supporting accelerator companies where specialist knowledge in payment provision is required, Jens is an advisor to MindArk in the development of its business payments systems

The wider MindArk Team

Alf Svensson
Alf Svensson
Andreas Funksjö
Andreas Funksjö
Andreas Nordqvist
Andreas Nordqvist
Camilla Winterfield
Camilla Winterfield
Christoffer Dymlind
Christoffer Dymlind
David Jannesson
David Jannesson
Leo Welter
Leo Welter
David Singer
David Singer
Dennis Antonsson
Dennis Antonsson
Joakim Antonsson
Joakim Antonsson
Joakim Karlberg
Joakim Karlberg
Johannes Darholm
Johannes Darholm
John Borg
John Borg
Justin Sorrell
Justin Sorrell
Kaj Suokko
Kaj Suokko
Krzysztof Prieditis
Krzysztof Prieditis
Magnus Ryme
Magnus Ryme
Malin Gustafsson
Malin Gustafsson
Mathias Gustavsson
Mathias Gustavsson
Mats Kling
Mats Kling
Richard Örnemark
Richard Örnemark
Scott Austin
Scott Austin
Daniel Beijer
Daniel Beijer
Sven Segerstad
Sven Segerstad
Nicklas Lindgren
Nicklas Lindgren

Partners

CRUXY & CO
CRUXY & CO

Cruxy & Co. is a provocative strategy consultancy - we question, dig and challenge in a way that is unrelenting and gets to the CRUX. We do that in disruptive industries laced with complexity.

www.cruxy.co.uk
Hawthorn Advisors
Hawthorn Advisors

Hawthorn is a corporate and financial communications consultancy established in 2013 by John Evans and Ben Elliot. We work directly with CEOs and leadership teams to develop and convey their stories with accuracy and precision. We support young businesses through the early years of growth and development, as well as working alongside multinational organisations during large scale and complex projects.

www.hawthornadvisors.com
Jita
Jita

Jita offers strategic advice, technology consulting and software licensing to corporates, scale-ups and startups. We cover a wide range of industries. Our clients are active in healthcare, fintech, insurance, gaming and energy. Our team has a strong experience in delivering complex projects with global companies. Jita has offices in London, Dublin and Belgrade.

N-IX
N-iX

N-iX is a Ukraine-based software development provider with over 800 tech experts. It is one of the leading technology vendors in Eastern Europe working with global companies across multiple industries. N-iX creates sophisticated software products, state-of-the-art digital experiences, and solutions that enable technology transformations.

www.n-ix.com

Auditors

PwC
PwC

PwC is among the leading professional services networks in the world, entrusted with helping organisations and individuals create the value they’re looking for, by delivering quality in assurance, tax and advisory services. As a network of firms in 157 countries with more than 223,000 people, it is one of the top four global accounting practices and proud to be advisors to MindArk.

www.pwc.com

Legal

WSGR
WSGR

Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them. It is one of Silicon Valley’s leading law firms

www.wsgr.com

Mindark Press Coverage

new_scientist

Virtual island sells for $26,500 in cyber assets

Will Knight, 15/12/2004

Read
cnet

Real cash for virtual goods

David Becker, 08/02/2005

Read
bbc

Virtual property market booming

09/11/2005

Read
nbc_News

Man buys virtual space station for $100,000

10/11/2005

Read
cnet

Man pays $100,000 for virtual resort

Daniel Terdiman, 11/11/2005

Read
bbc

Cash card taps virtual game funds

Daniel Terdiman, 11/11/2005

Read
the guardian

Will you be paying with Project Entropia Dollars

Aleks Krotoski, 17/05/2006

Read
bbc

The
ever-expanding metaverse

Jonathon Fildes, 03/11/2006

Read
reuters

Real economy thrives in virtual world

Scott Hills, 21/06/2007

Read
wired

Virtual World funds Hip Replacement

Earnest Cavalli, 14/04/2008

Read
tech_crunch

MMORPG Operator Claims World Record For Most Expensive Virtual Object ($330k)

Robin Wauters, 05/01/2010

Read
forbes

The World's Most Expensive
Island—Online

Oliver Chiang, 17/02/2010

Read
forbes

Meet The Man Who Just Made A Half Million From The Sale Of Virtual Property

Oliver Chiang, 13/11/2010

Read
forbes

President Of Virtual Reality' Behind NEVERDIE Creates Teleport Crypto Token, Raises $3.5M

Roger Aitken, 02/08/2017

Read
tech_times

Entropia Universe Allows Players To Earn Real Cash In The Virtual World

05/09/2017

Read
forbes

Asked To Advise On The Creation Of A New World, I Said YES!

Lawrence Wintermeyer, 15/12/2017

Read
venture_beat

MindArk launches cryptocurrency for Entropia Universe virtual worlds

Dean Takahashi, 15/03/2018

Read
blockchain_news

Swedish Gaming Veteran MindArk Launches ICO for IP Exchange

Alex Behrens, 20/03/2018

Read
cryptoninjas

MindArk aims for $100m token sale to fund Intellectual
Property Exchange

15/03/2018

Read

FAQ

DeepToken (DTA) may be purchased with Ethereum by utilizing one of the Ether Wallets we have recommended, or with any Fiat currency (any currency that is legal tender whose value is backed by the government that issued it) by method of Credit Card of Bank Transfer.
MindArk wishes to allow equal opportunity for investment in DTA. We feel that distribution of DTA in discounted pre-sales or air-drops devalues the investments of those supporting MindArks vision.
Currently DeepToken is exclusively available for purchase through deeptoken.io
As with any investment, it is important to do your own research into why you would/should invest. With nearly two decades of experience in managing virtual currencies and complex asset structures, MindArk and their advisors are confident that the implementation of DeepToken and its use on the IPX will be a successful endeavor that plays to the strengths of our team. Though, the responsibility of choosing to invest remains with you being the judge of our offering and how much you wish to invest based on what we have presented.
All Fiat (government backed) currencies and Ethereum.
Mindark does not need to do a token sale, MindArk has chosen to do so after investigating Blockchain & Cryptocurrencies for three years and resolving that this is the next logical step in their evolution.
An ICO or Token sale is when a project utilizing either existing blockchain technology, or adapting an existing technology to their own needs, offers a “Token” in exchange for fiat or crypto currencies.
The initial value of one DTA will be equal to one US Dollar. (1DTA=1USD) This value will be set at the release of DTA’s sale and will be tied to Ethereum from that point forward. Market fluctuation between USD and ETH will be the only market variability.
Your information will only be shared with MindArk or partners directly associated with the initial sale of DeepToken. Your information will not be shared with any third parties that do not require access in order to ensure your investments are processed and securely registered.
Your initial investment will be held securely within MindArks servers, which have protected virtual assets worth hundreds of millions of USD for nearly two decades. Once you have transferred your DTA to your own wallet, please be sure to use the wallets we have recommended and be diligent about your online security and phishing attempts.

Funds collected through the sale of DTA will be used for the Following:

  • Development of the IPX including Entropia Universe Development 50 %
  • Marketing and PR 25 %
  • Business Development (B2B) 5 %
  • Legal and Regulatory 5 %
  • Token Offering Costs (Advisors and Enablers) 10 %
  • Contingency Fund 5 %
MindArk intends to ensure all regulations have been adhered to before releasing DTA to the open market should this course of action be in the best interest of the project and it’s investors.
The DeepToken sale is not intended just to raise capital. DTA will fuel the IP & Tech Exchange and expedite evolution of MindArk’s vision. Those that choose to invest in DeepToken will already have the currency necessary to participate in the IPX and Accelerator programs as early adopters.
To invest with Ethereum or Credit Card you must purchase a minimum of one DTA, beyond this, should you choose to invest with a Bank Transfer, you will need to invest a minimum of $10 or equivalent in SEK, GBP or EUR.
There is no Soft Cap on the DeepToken Initial Offering, there is only a Hard Cap of $100 Million.
No, in order to ensure a smooth token sale, MindArk has elected to keep the same purchasing options for both Entropia Universe customers, and new investors.
DTA will be reserved for your account as soon as your credit card transaction has processed. DTA will be released to your designated wallet after a holding period to avoid chargebacks resulting in devaluation of DTA for true investors.
  • DeepTokens are single utility tokens that act as a method for transacting between buyer and seller within the Entropia Universe, and record the agreement made between the two parties as a publicly available smart contract.
  • DeepTokens enable the exchange of intellectual property through the IPX.
  • The DeepToken will perform three functions: i.DeepToken will be used initially in existing MindArk projects to improve KYC/AML and expedite fiat - virtual - fiat currency transfer.
  • It will safely facilitate the licensing of IP and digital assets through smart contracts within the IPX and act as the medium of exchange on the IPX.
  • It will act as a recording of all contractual information between IP holder and IPuser, using smart contracts on the blockchain.
MindArk specialises in Deep Tech – the technology that is based on tangible engineering innovation or scientific advances and discoveries. Based on everything we have achieved to date in this field and look to realise, it was only fitting that our Token be named accordingly.
Early adopters of DeepToken will already possess the currency necessary to participate in the IPX and Accelerator programs.
MindArk does not wish to speculate on the potential future value of DeepToken.
Yes, MindArks vision will require an ongoing evolution of DeepToken and its functionality for many years.
The open market will determine the value of DeepToken.
DeepToken will facilitate transfer of currency and smart contracts for both IP and asset producers as well as those wishing to license content from the exchange.
Details on recommended wallets through MetaMask and MyEtherWallet are located HERE.
Transaction fees are fixed to the Ethereum Network as DTA is an ERC20 token. At the time of writing this answer, transfer fees should be less than 50,000 gas units.
DeepTokens are owned by whoever possesses them.
Initially DeepToken will not have its own wallet. MindArk recognizes the volume of effort required to create a secure and effective wallet in which to store your currencies. As there are already a variety of highly secure wallets in which to store DeepToken, our focus is on the implementation of DTA, the IPX, and the Accelerator.
Details on recommended wallets through MetaMask and MyEtherWallet are located in links available to you after you have registered.
Please visit our wallet recommendations page once you have registered and logged into your account.
Please visit our wallet recommendations page once you have registered and logged into your account.
A “Cold Storage” wallet is a physical device that stores select cryptocurrencies. For more information please visit Trezor.io
  • MindArk PE AB (MindArk) is an independent software company dedicated to the development of Deep Tech and establishing the 3D internet: a convergence of online games, virtual worlds and 3D social networks.
  • Based in Gothenburg, Sweden, the company is best known for having created the world’s first “free-to-play” massively multiplayer online role-playing game (MMORPG), Entropia Universe.
MindArk was established in the 1999 and has been developing its ground-breaking game technology and business model ever since.
  • Over the past two decades, MindArk has expanded its technology and development expertise in the digital reality space.
  • Since founding Project Entropia in 1999 (renamed Entropia Universe in 2006), it has gone on to develop the game into the largest massively multiplayer online role-playing game (MMORPG) in the world, placing the company at the forefront of next-generation gaming real-cash digital economies.
  • Alongside the development of Entropia Universe, MindArk is working on projects to develop a next-generation 3D interface and social VR experience technology.
  • Total revenues for 2017: ~70 million SEK
  • Total revenues for 2016: ~74 million SEK (Additional 4 million received for previous mistakes by the Swedish tax authority)
  • Total revenues for 2015: ~60 million SEK
  • MindArk earns revenue when its users deposit funds into the game and consume their virtual items. It also makes revenue on direct sales in the form of starter packs and special items; auction fees on items that are sold between users; exchange fees when users change fiat currency into in game currency; and on administrative fees in connection with withdrawals of in game currency to fiat.
  • Continue development of its flagship product, the Entropia Platform, and its associated endeavours as new technology becomes available.
  • Cement its position as the leader in Intellectual Property storage as well as the sharing and utilisation of digital assets.
  • Build its capabilities and expertise in Deep Technology development including VR, AI and AR
  • Establish a real-world Swedish bank
The advisors are a team of professionals from the blockchain technology, finance, banking, and business development industries with specific strengths to compliment the MindArk team for the purpose of the DeepToken launch and IPX.
MindArk strives to push the envelope of what activity takes place within the virtual environment. Their goal is to continually evolve the Entropia Platform and associated endeavours as new technology becomes available, an ever-evolving concept that is re-invigorated with each new technological breakthrough.
Gothenburg, Sweden
MindArk has securely managed hundreds of millions of USD for their existing user base within the Entropia Universe. Their nearly two decade track record of protecting the volume of assets entrusted with them speaks for itself. Additionally, after the launch of DeepToken, MindArk aims to reinstate their Swedish Banking license and will be regulated by the Swedish Supervisory Authority.
Entropia Universe is a MMOE (Massively Multiplayer Online Environment) that may be accessed globally for free. Participants have the ability to convert Fiat Currency to PED (Project Entropia Dollars) for use within the environment, then back into Fiat at will. Entropia is built on an advanced micro-payment system allowing users a large amount of versatility in how they choose to exist in the virtual environment. More information may be found at EntropiaUniverse.com
You may use the “Chat” button to contact live support on the DeepToken website, as well as reaching out to us through social media and on our discord page.
Mindark has over three million registered users.
A token is a digital asset created on a blockchain. The number of tokens in circulation, the date of creation, all token transactions and any future token generation can be audited and verified in real-time by anyone in the world. This guarantees the security of the token supply and prevents any fraud.
  • Smart contracts are essentially programmatic representations of a business process. They hold rules and actions that are executed when certain prerequisites are met and has an address like a blockchain wallet.
  • In MindArk’s case, the initial smart contract will fully mine an ERC-20 token, called DeepToken A (DTA).
  • DTA smart contracts will implement whitelisting mechanisms – which remain under the control of MindArk – such that the digital smart contract can reject Ether and DTA coming from non-whitelisted addresses.
  • The smart contract is published and stored immutably and publicly in the blockchain. It can be audited by anyone.
  • The blockchain is like a globally accessible, decentralized spreadsheet.
  • It keeps track of who sent how many coins to whom, and what the respective balances of each address.
  • This information is stored and maintained by thousands of people (miners) across the globe who have specialized computers. It does not depend on any single entity, company or government. It is audited in real time by all network participants to prevent any risk of manipulation.
  • The blocks in the blockchain are made up of all the individual transactions sent from MetaMask, MyEtherWallet, Exodus, Mist, Geth, Parity, and everywhere else.
  • An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying digital assets in exchange for other digital assets or traditional currencies. Investors in an ICO do so in the hope that the digital assets, or coins, will rise in value, like Ethereum has done since its ICO in an impressive way.
  • During a Token sale (also known as a Token Generation Event), in contrast, participants are making charitable contributions towards a cause they believe in. Tokens are generated by the blockchain system after the fundraiser and are not provided by the foundation or old as part of the fundraiser. A Token sale is when a project utilizing either existing blockchain technology, or adapting an existing technology to their own needs, offers a “Token” in exchange for fiat or crypto currencies.
The smart contract is published and stored immutably and publicly in the blockchain. It can be audited by anyone.
Ethereum is the most popular platform for tokens creation. It has a dynamic ecosystem evolving very rapidly to offer the best smart contracts features. There is wide support for the technology in many wallets, exchanges in a large number of countries all over the world, and a multitude of development tools as well as the biggest smart contracts developers community to date.
ERC20 is an Ethereum technical standard for smart contracts tokens. It facilitates defining, creating and interacting with tokens. ERC20 tokens implement security best practices, are supported by a wide number of wallets and exchanges and are easy to use in smart contracts.
All DeepTokens issued for the token sale that will not be sold by the end of the sale, will be destroyed. This guarantees that the number of tokens sold will be 80% of the total supply, independently of how many tokens are sold.
No. All DeepTokens will be mined at the creation of the smart contract and it will never be possible to create any new DeepToken.
Fiat is money issued and controlled by governments. Cryptocurrency is issued on a blockchain using a decentralized system operated by independent parties.
MindArk plans to list all of its 70,000 assets as well as the assets of a number of partners.
The Entropia IP & Tech Exchange is an online platform where content creators and content users can meet and easily and securely trade digital assets, especially virtual reality objects. The market for trading virtual reality intellectual property objects is estimated to 180 billion USD in 2017.
All individuals and corporations from anywhere in the world who pass the IP & Tech Exchange KYC & AML checks.
If you have registered to invest in DeepToken you will be contacted once the IPX is ready for release. General publications will also be released to promote the launch of the IPX where you will be able to create and account and submit for approval of activity within the exchange.
Yes, however, additional options once the IPX and the MindArk Bank have been fully developed may allow you to utilize DTA by lending it from the bank for utilization on the IPX.
The IPX will be operational for public use in 2019.
No, in order to ensure a smooth token sale, MindArk has elected to keep the same purchasing options for both Entropia Universe customers, and new investors.
Yes, the historical exchange rate of USD to PED for Entropia Universe players will still be available.
Yes, players will have the ability to deposit DTA for PED and withdraw PED for DTA.
Once the IPX and MindArk Bank have been established, use of DTA in the webshop and in association with the Entropia Universe will be reviewed and implemented where appropriate.
Yes, DTA will be used to help facilitate the IPX and Accellerator projects initially. Future and past projects will be reviewed to determine if this will be the best course of action on a case by case basis.
DTA will help to expedite speed and cost of transactions both in and out of the Entropia Universe. As the IPX and accelerator come online, this will help to expedite growth of the platform. The percentage of the raise used for direct development of the Entropia Universe, will increase the usage of DTA and add to the current volume of assets available on the IPX. More details are available within the white paper and will evolve after the core benchmarks of the roadmap have been met.
DTA will not initially be available for use within the Entropia Universe, as government regulations become more clear on cryptocurrencies, MindArk will review the potential of utilizing DTA within the Entropia Universe further and implement systems to benefit participants.