Champion Vault

Champion Vault plans to be a facilitator for online video game matches that will have our participants compete for monetary and merchandising prizes. Champion Vault plans to do this by developing a downloadable client that the customer can enjoy right from their home computers. Competitors on the Champion Vault platform will have 8 different betting options to choose from in 8 different purchasable digital currencies in varying dollar amounts. The purchasable currencies play a vital roll in the business as that is how we will get our mainstream of revenue. Each different currency purchased will have a fee attached to it and that fee depends on the value of currency purchased. Champion Vault will also offer membership programs that will provide the competitor with additional benefits upon purchase  Discounts such as reduced fee for currency purchases. Discounted merchandise purchases. Lastly it will come with community input benefits for the platform. 

The reason for such a large requested fund mostly will have to deal with the various state and regulation that revolve around gambling. Each state has their own interpretation of what is considered a game of “chance” and what is a game of “skill.”  Champion Vault is special is in this case as it has to deal with video games.  Video games by nature take some leaning curve to grasp therefore it does take some amount of skill to play them. Some states may see it like that some may not. To avoid this all together all states that allow gambling to take place have licenses available to add legitimacy to the company which requires a respectable amount of funding. 

I started Champion Vault to accomplish one thing and that is to be the best player friend facilitator in the United States. The gaming industry along makes billions of dollars in revenue each year and it will only grow in popularity. The fact that there is not a already available popular platform in the United States tells me that that sector in the gaming industry is begging to be brought out. I will end with this a idea this big needs to be funded big. The untapped profits from a already booming industry plus with the current environment that the country is in writes the story itself.