👑 KingHill.io - mutual lending game ETH

[stdi0]

👑 King Of The Hill - a game based on the principle of mutual lending.

I present to you a new Ethereum game with simple rules.

The bottom line is mutual lending.

The rules are as follows:
A player can become the "King of the Hill" if they pay a certain price in ETH tokens.

How is the price formed?
The price of becoming the "King of the Hill" starts at 0.001 ETH and is increased by 30% with every new ruler.
Thus, the new player must pay an amount equal to the deposit of the previous "King of the Hill" + 30%. But you can pay even more, thereby increasing the cost of entering the game for the next player and increasing your potential income.

Tokens paid will automatically go to the previous "King of the Hill", minus service fee of 5%.

Thus, the possible income is at least your deposit + 30%, but it can be even higher.

But be careful: if you don't find a successor in 24 hours, the price will be reset to the starting value (0.001 ETH), which can be interpreted as a player's loss.

Waiting for you

[harizen]

Nice work. You might want to move it here and make this thread as your official ANN thread.

https://bitcointalk.org/index.php?board=56.0

Consider putting a FAQ too.

[dunfida]

So people will really be just targeting out that spot and fight for it? Lets say that there's no one had replaced you in the spot then what would you gain?
Those amounts of ETH will be stucked or can be withdrawn with that 5% deduction? If thats the case then this game sucks.
Fighting for 1 spot and people would just get their deposit back when someone replaces them but the question is, would it really be that interesting?

[batang_bitcoin]

So this game is just basically going one after another and you just buy the title of "King of the Hill" by paying a higher price?
That's how I understood the mechanics of the game, you will get the title if you'll pay that amount you're being asked to pay for and then another one can do the same.

[stdi0]

So people will really be just targeting out that spot and fight for it? Lets say that there's no one had replaced you in the spot then what would you gain?
Those amounts of ETH will be stucked or can be withdrawn with that 5% deduction? If thats the case then this game sucks.
Fighting for 1 spot and people would just get their deposit back when someone replaces them but the question is, would it really be that interesting?

Good evening! Let me give you an example. Let's say I paid 0.001 ETH to become the "King of the Hill". Now, the minimum amount for the next person will be 0.001 + 30% = 0.0013 ETH. But he can pay even more, if, for example, the current gas price makes the game at such a rate unprofitable. This entire amount will be transferred to the current King of the Hill (minus my commission of 5%). Thus, with each new "King of the Hill", the rate increases by at least 30%, which provides income to the players. If the player has not found a successor within 24 hours, he lost and the next player will be able to enter the game with a starting price of 0.001 ETH. 

[btcltcdigger]

Honestly, i don't see the point of games like these.
It forces you to taunt and provoke someone to pay, so you can get your money out. Awfully sounds like a pyramid

[kryptqnick]

Honestly, i don't see the point of games like these.
It forces you to taunt and provoke someone to pay, so you can get your money out. Awfully sounds like a pyramid

Yeah, it looks very dangerous with the bets increasing very fast and, if I understand correctly, just one person winning at the end (which makes the odds of winning quite low) and the chances of losing everything pretty high. Or maybe it's vice versa with everyone winning apart from the last person to place a bet and not get any successor in 24 hours (yeah, I think this is how it works). I think the rules should be more transparent. Perhaps a short animated video on how it works for players would be nice to clarify some things. And in any case this game requires active players, but the website, unsurprisingly, currently has zero of those. Good luck, op, but the field is very competitive.

[batang_bitcoin]

Honestly, i don't see the point of games like these.
It forces you to taunt and provoke someone to pay, so you can get your money out. Awfully sounds like a pyramid

Seems like.
Top up per top up. The only king of the hill is the owner of this game. People will be chasing the title for what? for nothing. It's all what I've understood the concept of the game. There's nothing really going on it. A portion of deposit will go to the former king and then so on.

[stdi0]

Or maybe it's vice versa with everyone winning apart from the last person to place a bet and not get any successor in 24 hours (yeah, I think this is how it works). I think the rules should be more transparent.

That's right, only the last player loses.

Maybe while there are not many players, I should increase the search time for a successor from 24 hours to several days?

Seems like.
People will be chasing the title for what? for nothing. It's all what I've understood the concept of the game. There's nothing really going on it. A portion of deposit will go to the former king and then so on.

The idea is to motivate a person to become the "King of the hill", because the price that will be transferred to him from the next player will be at least 30% of the first player's deposit.

[batang_bitcoin]

Seems like.
People will be chasing the title for what? for nothing. It's all what I've understood the concept of the game. There's nothing really going on it. A portion of deposit will go to the former king and then so on.

The idea is to motivate a person to become the "King of the hill", because the price that will be transferred to him from the next player will be at least 30% of the first player's deposit.

So that's what going to happen and the king of the hill will get. Nothing less, nothing more. It's an incentive but looking to the scheme, you're the only one that will be getting a huge incentive from this.
If that's the motivation, good luck.