 Show Posts
|
|
Pages: [1]
|
I don't think my question was not related to the topic. Nevermind, however. Do you have the list of game developers who have already agreed to work with you?
We have a number of partnerships in the pipeline, but I'm not at liberty to disclose the details until the deals are finalized. However, WAX announced yesterday a partnership with gaming industry payment giant Xsolla. Industry leaders like Twitch, Valve, and Ubisoft use Xsolla as do over 2,000 games. This is just an example of huge partnerships to come, so watch this space! |
|
|
|
The WAX public token presale is opened on October 18th, 2017 and will run until October 31st, 2017. The maximum cap on the public pre-sale is 70,000 ETH. We?re very proud to announce that our private pre-sale was extremely successful. We quickly hit our 70,000 ETH cap! The gamer exclusive main sale will open on October 24th 2017 and run until October 31st. The main token sale will open on November 1st 2017 and run until November 8th 2017. The cap for the main sale is 70,017.12 You?ll get 300 WAX Tokens for each 1 ETH paid on the pre-sale. While on the main sale the price will start at 300 WAX Tokens for 1 ETH and increase 11 times (adjusting after each increment of 1.25 million WAX Tokens sold) to end at 150 WAX Tokens for 1 ETH. The cap for the pre-sale is 140 000 ETH (including 70 000 ETH already collected from the institutional contributors). The cap on the main sale is equal to 70 017.28 ETH. We?d highly appreciate if you join our Telegram Channel: https://t.me/waxtokenTelegram Announcement Channel: https://t.me/waxtokenannoucementsOfficial Discord: https://discord.gg/CT32jBR Read our blog post on Medium: https://medium.com/waxtokenFollow up on Facebook: https://www.facebook.com/waxtoken/Follow up on Twitter: https://twitter.com/waxtokenFollow up on Youtube: https://www.youtube.com/channel/waxtokenHilarious!  Almost everyone (early on) is/was asking about bounties without understanding your project is so good you do not need to compete "like everyone else" tries too. Congrats on a great looking project. Thanks for your support! We really appreciate it! |
|
|
|
Ok, thank you. Though your answers have cleared something up, more questions have appeared in my head. I hope, you understand that investments are not made with the light head, and I want to fully understand how your platform works before I invest in it.
4) Skins are stocked on Valve servers. They own them both physically and legally. Let's imagine, I bought a skin on your platform, and you suddenly have been cut from Valve servers for some reason. How would I take away the skin in your opinion? Valve is just gonna say me 'sorry bro, you should have used our marketplace'.
Answer: Please read 2. Please also keep in mind that WAX platform is a marketplace and not the owner of the skins (like Amazon is not the owner of all the items that are traded there). Transfer agents are responsible for the transfer of values between users in the games.
I'd like to state it once again, any game from any platform or publisher that allows trading will be tradeable on WAX.
Ok, let's go through it step-by-step. 1. Are skins from CS:GO will be tradable on WAX? 2. If so, what is your plan, if Valve suddenly decides to cut off your access to their API? Yes, for now, they are ok with you, but they can change their mind. 5) How do you expect in-game items to be tradable within your platform? Again, let's imagine a situation. I'm a game developer who wants items from my game be tradable for your coin. What should I do?
Answer: The game should be interesting to the audience. Anyone can submit a proposal for a guild spot, and WAX Token holders will vote for them based on what they see in their proposals. Token holders can only vote for so many, and since the WAX token holders make a cut off guild fees, it's in their best interest to vote for the most trusted ones. Guilds receive a percentage of the fees on lists, transfers, and Contracts and as a WAX Token holder, you can pledge these guilds - in turn earning a percentage of the earned guild fees (see the sections Guilds in white paper for more details).
Again, my main concern is Steam. I simply do not believe that they are willing to ignore this exploding market of the virtual goods. What if they make developer choose: whether they are on Steam and sell their items only on Steam Marketplace, or they are on the third-party platform. Whatever your market share is, you are only third-party service for Steam itself and companies that sell their games on Steam. Indeed, skins from CS:GO will be tradeable on the WAX Platform. Thanks for voicing your concern regarding Steam and Valve. WAX is establishing relationships with industry leaders ahead of the product launch to ensure that the platform is fully integrated into the ecosystem. Just yesterday, WAX and Xsolla, the gaming payments giant, announced their partnership. You seem to be very well informed about the industry, so you undoubtedly know that industry leaders like Twitch, Valve, and Ubisoft use Xsolla as do over 2,000 games. This means that all these entities will accept WAX as a form of payment at launch. You can read more about the partnership in the press release here. |
|
|
|
I would like to know how the changing value of the tokens will affect the price of items for sale. What if I have a car as in-game item that I want to sell and set a price of $100 for the car. The buyer purchases $100 worth of wax tokens but the market price drops 50% before he purchases that car. I am not protected, as the selling price of the item drop as well. Also, the buyer now only has half the tokens needed since the price changed. Then the buyer can buy the car for half price and the I will lose. Either way, the fluctuations will affect either the buyer or seller. If another company creates the same thing without using a volitile currency, gamers may feel much safer using that and game developers should understand this as well. So I just want to know if the team agrees that there will be loss of value to either party if the price drops and if so, why they believe that Cryptocurrency is the best option for the users if they would have a choice to use your platform or another platform that either doesn't use cryptocurrency.
Hi! You're absolutely correct with your example, and no-one would like to see such a loses. WAX team has pegged asset contracts that manage volatility in a way that no other token does. The concept of WAX pegged asset contracts is similar to how CS:GO skins are sometimes priced based on the value of their items in relation to the price of CS:GO keys. A WAX pegged asset contract could be USD, EUR, BTC, ETH, CS:GO Keys, or many other things. Price fluctuations of any amount will exist whenever an item that’s worth a fixed amount is transacted with a market-driven currency. If you list an item for sale for .5 BTC when the price of BTC is $6,000 USD, and BTC drops 10% before someone buys your item, you just sold a $3k item for $2,700. Well that sucks. You can take the chance that it's going to go up that 10%, but then who would want to buy a $3k item for $3300? Your item won't sell or the buyer will get ripped off. WAX pegged asset contracts are temporary smart-contracts that exist only during the life of a particular transaction, so using the above example it would be the time from when the item is listed for sale and when it’s purchased. Hey there! And what if I'd like to purchase in-game item for fiat? Smart-contracts will no longer peg my asset. In this case, traditional market laws will take effect. How can I reinsure myself from rate fluctuations since in future I do not want to sell the item for less price than the one it has been bought for? The WAX platform will give you an option to peg your item to fiat as well. |
|
|
|
Hey. Do you plan to hold a bounty campaign?
Just interested in this question. Apparently not, if there is no answer. Hi both - Just wanted to confirm that there are currently no bounties for the SENSE token sale. Thanks for your interest. |
|
|
|
We’re happy to announce that SENSE has joined forces with Civic! Users who attribute their knowledge across the SENSE network of apps can choose to remain anonymous or verify their identities. Those users who prefer to express themselves as professionals rather than casual users can establish verified identities, powered by Civic's technology, for additional security and to ensure all their activity coalesce into a single place that people already trust as a repository for identity. Read more here!
|
|
|
|
IMPORTANT INFO FROM THE SENSE TEAM Verified developers can still claim an exclusive discount to acquire SENSE during the developer pre-sale. If you're active on GitHub and want to be first to access the Humans.ai API to create tomorrow's generation of dApps, take advantage of special terms and participate in the pre-sale before it ends next week. Find out more here. |
|
|
|
UPDATES FROM THE WAX TEAM The FINAL AMA with the WAX team is coming up on November 1st! Subscribe to the WAX Token subreddit here and get your questions ready. The subreddit is also a great alternative platform for community-based discussion. WAX has announced a partnership with Kyber Network! -- KyberNetwork CEO and co-founder Loi Luu said: “the partnership will benefit both parties as KyberNetwork will have access to millions of users in both OPSkins and WAX platform. On the other hand, KyberNetwork can enhance the magnitude of the growth in the gaming asset market by allowing more crypto users to conveniently purchase their favourite game items using their crypto tokens.”How can the blockchain help gaming companies 10x their revenue? -- a new, comprehensive article by the WAX team, outlining the problems within the gaming industry and how WAX will help to solve them. Dave Anthony, The Founder of Call of Duty is Excited about the Gaming Blockchain -- Support for WAX from industry heavyweights! What Sets WAX Apart From Other Tokens? -- Many are wondering this. There are at least 5 important reasons the team can list. Watch William Quigley, CEO of WAX and OPSkins, present his Keynote Speech at the CoinAgenda 2017 Conference.
The WAX Explainer Video is now available in Russian, Spanish , German, French, Japanese, Korean, Chinese, and Arabic! Check them out!
|
|
|
|
And how does your coin differ from the already trading coins in the market? SkinCoin. exchange.skincoin.org. It also gets into the game platform and is already traded in skins.
There are many reasons why WAX is the definitive coin for in-game item trading. For a start, it's built by the team who practically created the whole in-game item trading industry. The WAX team is the same team behind OPSkins Marketplace, which is the #1 digital marketplace in the world. WAX will be the third global marketplace built by the OPSkins team. OPSkins has been accepting bitcoin for more than two years, and after they built their own bitcoin payment processing platform, OPSkins became one of the top five largest e-commerce sites globally for accepting bitcoin. Their millions of customers already like and use cryptocurrency, and will naturally adopt WAX since it will serve as a lower cost and easier settlement method than what they’re accustomed to using on OPSkins. Furthermore, WAX is supported by gaming industry leaders. Notably, Dave Anthony, The Founder of Call of Duty, has publicly voiced his support for WAX. In addition to an impressive team, WAX has a number of features which will ensure widespread adoption and continued use, derived from expertise and a deep understanding of the market. You can read "What sets WAX apart from other tokens" on Medium for a full overview of these features. |
|
|
|
Hi there. Sot basically wax is going to trade items that can already be traded, you just making a place where all of them can be sold? Why it's going to be popular and is it even needed?
As we've stated previously, the in-game item trading market is already a $50 billion market. The WAX project is founded by the team behind OPSkins, the world's biggest platform for trading in-game items. The team sees a huge potential in this market, but severe hinderances in it due to centralization. Notably, WAX will allow the in-game item trading market to enjoy increased liquidity and will bring out many disjointed sellers out of silos. WAX will spell the end of a whole host of worries and inconveniences, giving fans of virtual items more freedom to trade with anyone anywhere in the world along with the promise of blockchain level safety when buying or selling. These never before possible WAX capabilities will usher in huge group of video gamers who have heretofore limited their item trading to the relatively small community of people they know and trust. More people trading using superior settlement and payment options means a deeper, more transparent and better functioning global market. Making buyers and sellers both economically better off. Malcolm CasSelle, the President of WAX, recently wrote a post on why WAX needs its own protocol and blockchain. It deals with issues of increased liquidity, simpler microtransactions and better understanding the market in more detail than I can provide here. |
|
|
|
cool idea. but why would you need to create a coin ? not buying it
Sensay already has its own coin - over 22M of them in circulation across 3M users. Now the platform is opening up for developers to attribute and reward user knowledge across any bot or app to enable its users to transact SENSE and create value in a liquid market. SENSE provides a value for data users already generate on a daily basis. SENSE is the best way to grow a community by empowerment rather than exploitation. |
|
|
|
|
