eBoost (EBST) is a cryptocurrency and describes itself as “the first in-game software token focused on the $5 billion eSports market.” eBoost can be used to trade in-game items as well as allow in-game purchases for mobile games.
The eBoost core team launched the EBST coin in 2016. In 2018, they launched the eBoost wallet and the Alaris gaming platform. According to the website, eBoost has a peer-to-peer community within the esports ecosystem with over 50,000 gamers using their platforms daily. The biggest platform is Tradecentral, a game items trading platform on Discord where eBoost is the main medium of exchange.
Marshall Long and Nicholas Thomas, both early adopters of Bitcoin, are the cofounders of eBoost. Jim Blasko, long-time blockchain developer and pioneer, led the development team until November 2018.
eBoost was created as a non-mineable coin. According to Long, “Non-mineable was the approach because all of our token supply is fully transparent.” As of the time of this writing, EBST is available on the following exchanges: BOAexchange, RightBTC, TradeSatoshi, and ChangeNOW.
In March of 2018, eBoost wallets added a staking feature that allowed users to earn a dividend by staking their tokens. After 30 days, the wallet owners earned a certain percentage based on how much EBST they staked.
In July of 2018, the now-defunct Octaex Exchange shut down shortly after participants sent eBoost tokens for an airdrop. With the exchange no longer in operation, it was impossible for participants to withdraw their funds. In response, eBoost refunded the token holders who lost their eBoost coins. After verifying submissions, eBoost distributed a total of 1.7 million EBST tokens to refund its community.
On July 25th, 2019, eBoost announced Raul Jimenez as the new CEO, replacing Nicholas Thomas. As of the time of this writing, Thomas remains with the company as an advisor. Prior to joining eBoost, Jimenez founded PatentTX, a blockchain-powered patent submission system, and worked as a Systems Engineer at MIT’s Lincoln Laboratory.
eBoost is headquartered in New Jersey.Read More