Brilliantcrypto's IEO on Coincheck Shatters Records with $212 Million Raised

Gaming Staff • June 13, 2024

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Brilliantcrypto's IEO on Coincheck Shatters Records with $212 Million Raised

Brilliantcrypto, a blockchain game company from Japan, has announced that the Initial Exchange Offering (IEO) for its BRIL token on Coincheck IEO has raised a record 212 Million USD from over 79.4 thousand participants. The IEO application period has ended, and the lottery results will be announced from June 11 to 12, 2024. BRIL tokens will be available for trading on the Coincheck exchange starting June 17th.

BRIL Token is a crypto asset issued on the Polygon blockchain and can be used in the Brilliantcrypto game for various purposes, such as purchasing, upgrading, and restoring the durability of the NFT pickaxe used in the game. The game, Brilliantcrypto, aims for sustainable play-to-earn and introduces the new concept, "Proof of Gaming," inspired by Bitcoin's consensus algorithm, "Proof of Work."

Brilliantcrypto, Inc., a wholly-owned subsidiary of COLOPL, Inc., is committed to creating games that truly shine and stand out by leveraging blockchain technology and the extensive know-how accumulated by the COLOPL Group in the gaming business. The company's corporate website is https://brypto.net/about/, and the game's website is https://brilliantcrypto.net/. The company's social media handles include Discord (), Twitter ( and ), and Medium ().

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