ok I reread your last post and indeed I misunderstood, it was a question not a suggestion
It's been a really busy week and apparently, i read over your question mark behind MVP remark, that's how i misread your question as an advice
well to be honest it's all about the daily users, it's not hard to filter the contributing users from the once or 2 times players only
so in essence I would prefer the early adopters and contributors as tier 1 option listed people if they love the work and want to invest in it
-airdrop users
-frequently players
-contributors like bug reporters
-people that actively support the project by contributing on telegram chat or helping new members to inform about the project
the tier 2 aftersale would be on a later timeframe
it was just informative to the people.
there is no intention just yet to start such an aftersale unless my stated items are checked out and the platform starts to be used more
Ok, now I'm lost. When you first said you'll have a two tiered aftersale, I thought the plan was: the first tier happen after MVP (which I then suggest to have more milestones achieved) and the second tier happen sometimes later when other big achievement reached. From your above post though, I understand that the tier one aftersale is actually for specific people already within the community? |
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Wrong board. You're announcing an exchange (p2p) service, not announcing a coin or token. You should move the thread here. Other than that, I am failing to see the purpose of this thread, there are already dozens of ann about this exchanges on this forum. |
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Which Global Gaming Coin is it you're referring to? I tried to look for the parent project with the search function on this forum to see them in more details, but the search function refuses to cooperate with me. Relying to google and CMC though, gave me several projects named "global gaming".
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yes great idea
yes the plan would be a tier 1 and tier 2 aftersale when we have a part of the platform running and been used by users
yes an MVP is a good idea, we will be looking into this and once all the options are agreed on by the team we will post it here to have from the people here the feedback and if it's a good future move we post it on the website in the info section
I think you misunderstood my post and what I tried to ask. I am not suggesting MVP as your goal for aftersale, it was a summary of your previous post: in order to consider an aftersale, you'd want to have: staking option
marketplace for in-game items
at least 1 working gameworld
larger beta testing of GM city ( it will be a lottery of user access to the city or a minor group of users that access the city and test the features
which, more or less, is an MVP. I was then suggesting that instead of MVP, you should consider to have certain number of player or visitor too, because an MVP is a rather common standard and IMO didn't exactly give you an image on how successful your project is. |
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that's a very good question
for us to even consider going for an aftersale the project needs to have at least the basic functions ready including :
staking option
marketplace for in-game items
at least 1 working gameworld
larger beta testing of GM city ( it will be a lottery of user access to the city or a minor group of users that access the city and test the features
if all these are active then the user can experience what we have to offer then to me that would be a good starting point to say ok now we are running on minimal but offer people an option to play and earn and to stake their tokens
we still have to plan a meeting about the deep dive into an aftersale
the most logical would be that there would be 2 tiers of aftersales instead of 1 big one including a cheaper token price in tier 1 and the airdrop participants will give the first chance to get into tier 1 for a lower token price
it's not carved in stone but we will keep you posted on what approach is best and most fair to early adopters
we are very busy getting this beast off the ground
for now, we ask some patience and be sure to enter the airdrop, it might give you tier 1 access at a later timeframe
In short, the goal needed to be achieved to launch an aftersale (be it only one large sale or two stages of sale) is an MVP? Wouldn't it be more fair to add some standard like minimum visitors or players daily too? In my opinion, an MVP is quite achievable, but it doesn't directly translated into a successful project. Many projects launched their MVP and probably more than half of them didn't even survive the day |
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yes we are willing to give a good pair of BNB or other cryptos to link to the trading pairs so we will supply the trading liquidity to start the trading pairs as I mentioned before its risk-free for the airdrop holders we are willing to send in our crypto to invest in our project for liquidity purposes in future trading I don't think we can be more fair play for the community is essential that we get the word out there, and now people can still apply for free tokens or share their referral link to get more tokens we will deliver, so I am confident that we will succeed it's just a little bit sad that all those meme coins seem to have the bigger community while they don't add much to the table  Well, to be fair, those meme tokens ride the hype (dog-token when doge is bullish, elon tesla when elon did crazy things, nft meme when nft boomed, etc) and utilize shillers. One other question though, what's your standard and measurement or goal to safely say your project is established and you can now launch the aftersale? |
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~snip~
our goal is to deliver first and then give people to buy in an aftersale, we don't do presales
~snip~
I have to say I am quite mixed up. The idea of aftersale is quite interesting and encouraging people to invest in you, or at the very least gives you the benefit of doubts and let you prove your project to be worthy. Consulting to your whitepaper as you suggested though, bear another question on my mind. Correct me if I'm wrong, but your plan is to let your "reputation" speaks for itself and only after that, you'll open yourself for a token sale (hence, the aftersale). Prior to it, the only ways we can get your tokens is either by airdrop (1%) and the play to earn (22%). I also see that you have an allocation for liquidity on PCS (15%), but (again, correct me if I'm wrong) wouldn't you need a fiat or other tokens (BNB, USDT, ETH, BUSD, or whatever other pair) to facilitate the swap? So where will be the funds came from to fulfill this "fiat" side of the LP? very solid questions. these will tell us how sincere this project is because we have a lot of these metaverse-related projects already. better if they can prove first what they've got here. because most of the time, we never see the progress of developments because most projects exited early along with the funds that they collected. so as much as possible, better show to the community what they have done before selling their token. Their plan (suppose it it true and they stick to the plan) will eradicate the worries, as they will only start crowdfunding once there's a result. What concerns me the most is how will they fund the LP (implicitly, the question is: whether the holders just waste their time earning through P2E and airdrop while the token itself is non-swappable because of the lack of liquidity pair) and how will thry stabilize the price after initial listing. I think it'll be safe to assume they'll need quite a stretched time to be listed. A lot will be impatient and dump their token once the listing available. |
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~snip~
our goal is to deliver first and then give people to buy in an aftersale, we don't do presales
~snip~
I have to say I am quite mixed up. The idea of aftersale is quite interesting and encouraging people to invest in you, or at the very least gives you the benefit of doubts and let you prove your project to be worthy. Consulting to your whitepaper as you suggested though, bear another question on my mind. Correct me if I'm wrong, but your plan is to let your "reputation" speaks for itself and only after that, you'll open yourself for a token sale (hence, the aftersale). Prior to it, the only ways we can get your tokens is either by airdrop (1%) and the play to earn (22%). I also see that you have an allocation for liquidity on PCS (15%), but (again, correct me if I'm wrong) wouldn't you need a fiat or other tokens (BNB, USDT, ETH, BUSD, or whatever other pair) to facilitate the swap? So where will be the funds came from to fulfill this "fiat" side of the LP? |
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~snip~
for the tokens allocation :
yes there is no presale and the airdrop is for now the only way to get your tokens to be the first in line to use the platform and to join the staking program
the airdrop is to get people started and put the word out about our project
there will be on a later timeframe the possibility for a small amount to be sold to the public but unlike other projects where they sell it on hopium
hoping the results will follow on a later timeframe, we want to do it backward
where we show the build and then give users the chance to get more tokens on an aftersale, so you will see first a part of the project and will be able to test it with the airdrop tokens
the point of the aftersale is to collect the needed funds for server scaling, the more users operate in the ecosystem the more high-speed server power will be needed
there is no date for any aftersale, but the minimal token price will be 50 cents so not bad to join the airdrop and spread the word out there, it's risk-free...
also airdrop participants will get better spots in the aftersale , so never bad to be an early adopter.
to explain the way of doing :
we have been for years in the crypto space and we have seen what ico's did with investors , its time to do this with the best interests of the users, a happy user is a productive users protecting and helping out the project to grow , this is the opposite of a money grab or even all those scam currently destroying the space
Although it it a nice explanation, it doesn't exactly covered the points asked on the questions. On the contrary, it adds more point to be asked. If I may re-ask what's not covered yet, how many tokens are allocated for team. And if I may add more questions from the added information given, how many tokens are allocated for aftersale. I think it'll be easier to just ask you to brings your entire tokenomy public, i.e.: the amount for airdrop, for team, for development, for aftersale, etc. |
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~snip~
As per the need of our project we cannot schedule and plan automated release. Mining equipment gets updated every now and then and the availability is a major issue. In this scenario an automated release cannot be scheduled. Also we will be listing on multiple exchanges and we will be needing liquidity. The team will only hold 10% of the token supply as given in our white paper.
Sorry, maybe I made myself a little bit unclear. What I am asking is not the token allocation for your team, but rather if the team has control over the rest of the total supply. Looking at how it is not automatically released by something like a smart contract certain amount of token every specified and scheduled time, doesn't this means the team hold and has access to the rest of the tokens in order to be able to gradually release them when the team sees the conditions fit. You are right as the team will have control over the rest of the total supply. As per the demand of our project we cannot automate the release of our tokens. Firstly we cannot be assured of the availability of the latest mining equipments. As we will be using all the funds from the sale of tokens to setup mining infrastructure, if we will automate the release and at that time miners are not available then the mining power per token will go down as the mining power will be less in comparison to our token holders. Also as all other projects hold supply to provide sufficient volume on different new exchanges we also will be doing that. As we have established that we are on the same page for the case of the token "possession" of your project, I think it is not too exaggerating to think that this method will require the investors to have a very good faith in you not to rug pull, isn't it? |
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~snip~
As per the need of our project we cannot schedule and plan automated release. Mining equipment gets updated every now and then and the availability is a major issue. In this scenario an automated release cannot be scheduled. Also we will be listing on multiple exchanges and we will be needing liquidity. The team will only hold 10% of the token supply as given in our white paper.
Sorry, maybe I made myself a little bit unclear. What I am asking is not the token allocation for your team, but rather if the team has control over the rest of the total supply. Looking at how it is not automatically released by something like a smart contract certain amount of token every specified and scheduled time, doesn't this means the team hold and has access to the rest of the tokens in order to be able to gradually release them when the team sees the conditions fit. |
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hi yes sorry about that you are correct: noncustodial wallet like metamask on bsc network or trustwallet and there your binance smart chain wallet is all you need, any will do trustwallet or metamask just be sure it's BEP20 ( binance smart chain) no exchange wallets or you lose your tokens when there send out if any questions just ask  Ok, so let's see if I am correctly understand your project. So there will be no crowdfunding, token sales, or any other fund-raising name people will use? Ever? Instead, the entire supply will be given via airdrop to a wallet loaded with BEP20 BNB and from play2earn (and move2earn)? And the entire token supply is for holders? Or is there certain percentage that is allocated for team? |
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Where can I find this batch release schedule? I can't see it on your website and whitepaper. Also, what basis/consideration do you take during planning this stages? I mean, what makes you be certain that releasing (for example) 5% instead of 10% or 3% f the total supply next week on Binance is the best decision for the project's future? Or will your market and community decide for this too?
The batch release schedule will depend on the availability of the mining equipment and the price sustainability of our token. We do not have any plans to dump our tokens in the market and create a price crash. Considering the availability and market this decision will be taken in the best interest of our community. As it is not a scheduled and automated release and rather an on-demand, does this mean your team holds the rest of the token supply? As in... being in control of them all? |
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~snip~ there is no presale, but we reward the early adopter with free tokens if anyone is interested visit: www.gamermetaverse.live and follow our channel and supply a bep20 bsc wallet address and you get free tokens airdropped on 5 May ( our airdrop closes in 8 days ) ~snip~ I think some clarification is in order. The wallet you referred that people need to supply and then you'll airdropped your token to them, they're any noncustodial wallet like trustwallet and its friends? Or are you referring to the built-in wallet on your platform? |
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I don't think I understand your tokenomy perfectly, you informed us that you have 40M max supply and not-available data for total supply. Data from cmc and coinpaprica respectively are no data (for max supply) and 29M (total and current circulating supply), and 99,9M max supply and 29M total supply
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Can you please inform us more about this "proven track records" on several aspects as mentioned on your website I quote as below; We have a proven track record of innovation, rapid action, progress, and growth.
As for the token sale event themselves, I understand correctly that 0.2 USDT is the price for ICO and I take that you'll follow the usual path taken by most projects where you'll let market decide what price will be the initial price upon listing? We are into cryptocurrency mining since 2018. We have continuously been mining even during the slack period of crypto currencies by optimising the power usage and other operational parameters. Yes you understand correctly that 0.2 USDT is the price for ICO and the market will decide the price upon listing. Our token has a unique asset appreciation procedure in which we will use half of the revenue of our mining farms to purchase the tokens at market price thus pushing the prices up. With only 15% for ICO, and 75% for exchange listing where the price could be plummeted due to your decision to let the market decide their price, wouldn't some precautions need to be taken to make sure the initial listing price is way above ICO? Otherwise, it'll discourage investors from buying. We do not plan to release the whole 75% of the tokens together in the exchange after listing. We will be releasing the tokens in small batches only as we will be using all the funds from the token sale to setup mining farms and as mining equipment are not available easily in bulk due to short supply, we will be procuring them in batches as per the token release batches in exchange. Also we will be listing on few crypto exchanges and we will be selling in small quantities and not dump it all at once. Because of the same reason that we will be using all our funds for setup of mining farms, we are not getting listed on decentralised exchanges due to liquidity blocking on them. Where can I find this batch release schedule? I can't see it on your website and whitepaper. Also, what basis/consideration do you take during planning this stages? I mean, what makes you be certain that releasing (for example) 5% instead of 10% or 3% f the total supply next week on Binance is the best decision for the project's future? Or will your market and community decide for this too? |
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~snip~
Edit - I'm the only one posting here to start, but we have others across the social media platforms. Our Telegram is the main place for info and discussion.
Wouldn't it be better for the team to appoint a CM to attend matters here? The forum is quite a gateway for crypto. With TG as the main place for info, although the information and discussion will happen simultaneously, it'll be rather "exclusive" as investors will need to have the specific link to the channel. Just my opinion, though. |
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Can you please inform us more about this "proven track records" on several aspects as mentioned on your website I quote as below; We have a proven track record of innovation, rapid action, progress, and growth.
As for the token sale event themselves, I understand correctly that 0.2 USDT is the price for ICO and I take that you'll follow the usual path taken by most projects where you'll let market decide what price will be the initial price upon listing? We are into cryptocurrency mining since 2018. We have continuously been mining even during the slack period of crypto currencies by optimising the power usage and other operational parameters. Yes you understand correctly that 0.2 USDT is the price for ICO and the market will decide the price upon listing. Our token has a unique asset appreciation procedure in which we will use half of the revenue of our mining farms to purchase the tokens at market price thus pushing the prices up. With only 15% for ICO, and 75% for exchange listing where the price could be plummeted due to your decision to let the market decide their price, wouldn't some precautions need to be taken to make sure the initial listing price is way above ICO? Otherwise, it'll discourage investors from buying. |
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[...]
If you will not conduct IEO, do you think you have more than enough bankroll to make your casino rolling?
What do you mean they will not conduct IEO? It is stated here and there that there will be token sales, even the tokenomy clearly shows these allocation for token sales, 60%, with 10% for presale and 50% on IEO |
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Can you please inform us more about this "proven track records" on several aspects as mentioned on your website I quote as below; We have a proven track record of innovation, rapid action, progress, and growth.
As for the token sale event themselves, I understand correctly that 0.2 USDT is the price for ICO and I take that you'll follow the usual path taken by most projects where you'll let market decide what price will be the initial price upon listing? |
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