Blockstream's Samson Mow Is Launching a Space Alien Gaming Token on Bitcoin

An ardent critic of the hype surrounding crypto token sales is set to do the unlikely: launching a token.

Samson Mow, the CSO of bitcoin startup Blockstream, has also been serving as founder and CEO of the gaming company Pixelmatic since 2011.

The new plan will see Pixelmatic use Blockstream's new token platform for launching security tokens on bitcoin via a sidechain.

By way of that platform, Pixelmatic will create a token for its upcoming game Infinite Fleet, a science fiction, humans-versus aliens space fighting game.

Part of why Mow has been so critical of token sales, he argued in conversation with CoinDesk, is that so many of them have been launched on the smart-contract platform ethereum.

"That's why we're doing a security token, not a token with no obligation," Mow said, adding that they're trying to pioneer a new token model called a "Dual-token model," which effectively uses two tokens for two different purposes.

The security token sale is private, with a few "Bitcoin OGs" participating so far.

The utility token will be disbursed randomly to players in the game.

"Our token will be like that but not under anyone's control," he said.

Why is Pixelmatic launching the token on Liquid? Is it because Mow is the CSO of Blockstream, the company the built the sidechain tech?