Hey Frcat,

Tim here from eByte.
Thanks for your question.

No it wont. Actually the project your refer to looks kind of scammy but let me explain what we are doing.
Yes in fact. We are already an eSports ecosystem. We have more than 75 partners out of the eSports scene & online shops collaborating with eByte and the eByte is already used as price money in tournaments.
You can see all partners here: https://www.ebyte.sale/en/

But we are more than that. Our vision is to become the number one blockchain for the gaming industry. There will be smart contracts which will allow players to sign for a team in a digital way and therefore receive an automatic compensation once they win an event or tournament. Moreover our blockchain will be build to allow people to realize eSports projects on the eByte Blockchain (maybe even with an own token) like Dapps...

The core ideas of eByte are explained here: https://www.youtube.com/watch?v=445W2I0aFy0

We are working on our project since the end of 2016 and are based in germany with a foundation that manages funds.

Just a quick overview. If you have more questions, feel free to ask!

Tim

Thank you very much!

We will determine which exchanges we will move to once the ICO is over.
Our goal are exchanges like Coinbase, Poloniex or Bithump on the bigger end.

On short term IDEX or Forkdelta are definitly possible.

Best,
Tim

Thanks for the question!

With the eByte that is sold during the ICO is an ERC20 token you will be able to store it in a cold wallet like the Ledger Nano etc.
The eByte cryptocoin, distributed with the blockchain release to the ERC20 eByte holder during the token swap, will be a coin on its own blockchain.

It will have a desktop wallet that you can install on an computer not connected to the internet and save your coins there for a cold wallet.
On the other hand the support for alternatives like ledger wallets need to be negotiated with ledger, buts its definitely on our todo list once the blockchain is live.

Thanks,
Tim Lindlar
(Co-Founder)