Prospectors is the first game in the World where there in game Gold is a real Life Cryptocurrency. PGL is a Cryptocurrency on the EOS and WAX Blockchains. The PGL ICO was in 2017, which raised the money used in the Development of the new game. There were a few test runs but it officially launched in October 2019, so it has only existed for a few months.
https://bitcointalk.org/index.php?topic=1877080.0The game has 2 Servers/Worlds, 1 hosted on the EOS blockchain (Wild West World), 1 hosted on the WAX blockchain (Yukon World), both available to trade for PGL on NewDex.io
Each World will have its own specific product not available anywhere else, Wild West (EOS) just got a Coffee industry with the new update. And soon Railways will be added to the game, which the game players and PGL holders will have to create the products for, and build, allowing for items to be traded across Blockchains.
In Wild West there are no longer Wood and Stone (the original above ground resources) to harvest, there is Coal, Clay, and Iron. I started around Feb 18 and there were plots of Wood with 30,000kg and 50,000kg of Wood available on Yukon, but Wood was eaten from the map by users by early March. Stone is also getting sparse in Yukon. The prices are also fluctuating upwards, and there are only about 500 people even playing the game right now, so when the game starts to pick up, the PGL value and Prices in the game are going to go up.
1 PGL = 1,000 game gold
Someone in the game chat said "the only downfall of this game id you can't turn the in game gold to PGL"
So I just had to tell them this:
"Go to the Exchange tab where you turn PGL to gold and click 'swap', now it is gold for PGL"
That is the whole point of the game.
This is a game to grow your investment, the
FIRST EVER GAME WHERE THE IN GAME GOLD IS REAL CRYPTOCURRENCY YOU CAN TRADE ON THE MARKET. That is what this is.
The most affordable thing left to build is a Stone Workshop because Stone is only 5 game gold each, so once you spend like $5-$10 USD building it, you might have enough left over to buy Stone to use in Production.
You can use stone to produce products that are much more valuable than stone itself.
You can then either sell the products or stockpile them and wait for the value to go up.
Just to have a full guide for everyone, I will update everyone on the new landscape of the game with the changes.
The biggest thing driving the changes on the Yukon map right now is that above ground resources are almost gone which is the same as wild west but wild west just got an injection of coffee as an above ground resource. It was just last week almost all the wood was mined out of the wilderness in Yukon, and stone will be gone from the wilderness by April.
I recently created a Stoneworkshop this is probably the last thing you can make right now without putting more than a few dollars in the game.
Here are the things it can make which are used for building buildings and will be more and more rare.
Right now stone is about 10 gold pieces on the market.
You an sell stone blocks for 500 and the price will go up and you an use this building and stones to fund other buildings and stones but the only way to create other buildings right now in the game (beause the resoures are starting to run out)
Earlier I had said that if someone started with $0.00, 0 PGL it was best to mine wood, then buy tools, then a Cart/Wagon, and go from there. That was when I started playing, which was about Feb 19th 2020. Now, the Wood is gone, and Wagons went from 4000 Gold pieces (4 PGL) to 20000 Gold pieces (20 PGL).
So now, it is best just to put a few dollars in the game and build a building, at least a stone working building. If you don't though, you can do transport jobs, then get tools, then get a Wagon and switch between transport jobs and tools jobs depending what workers have what, then a Metallurgy or Blacksmith Diploma, then do whatever you want from there.
If you can get a Plot of land with close to or over 10,000 Iron ir Clay, or Coal, it might be worth making a Steem mill. Steel bars only take 4 min to make, but you have to keep a stock of Iron, Clay and Coal which isn't cheap, so you want to have a Plaot to get it for yourself.
This is a Steel Mill if you can create one you can later on fuel a a Tool shop, which is what I am selling. And all tools sell for 1,000 gold each which is 1 PGL, the only one under 1,000 is the saw at 800 and the Sledgehammer is 3,000 or 4,000. But you need Iron Materials.
This is what the Steel mill produces, Iron blocks get made quickly, nails go slower, but you need both to make tools.
You can put in orders and hire other players to come do work for you. This is an example of a work order.
This is an example of other players coming in and doing work.
Here are the Iron blocks and Nails I have stored, and the Coal, Clay and Iron to make more.
The next thing I am making is a Sawmill. This is would cost anyone coming to the game fresh extra money because Wood is 10 Gold each, and there is none left on Plots to buy and Harvest. So if you start now and make a Sawmill you have to fund it with PGL.
Saw mill
Construction, it takes 10 days to do eaxh pase. If you use all 3 workers that gets divides by 3, and if you hire people it gets divided by uo to 16. So 10 days can be less than 1.
Here is an example of Workers building. There are 10 people total working on the Sawmill, so it will get done pretty quick.
There are only about 500 people playing, so it is not too late to get in and still be "getting in early" even though stuff is running out. The Rails still need to be made, Coffee just started, and they said they plan on making 4 World total, and a few temporary worlds that come as a challenge for players to mine resorces and build a rail together to get them back. This still is just starting.
So apparently in the Coffee description when it says it grows under the West Sun, that means it only grows on the EOS Wild West map, not the WAX Yukon map, but soon there will be railways
Does anyone know more about the Railways?
I want to explain something to everyone.
A massive piece of Cryptocurrency efficacy comes from the fact that people are holding it, the more people who have it in their posession the better, and the longer each person holds it the better. Because the longer it is not on the market, the less chance it has of hurting the price.
PGL crossed that barrier by creating a game. There is a strong reason for buying and holding, on top of the fact that it will helo the value grow, now you can also use it in the game.
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So because holding is covered, that part does not have to be on will or excess wealth, it is done in a game.
The next part is acceptance. Now PGL needs places that accept it. We have to go around as PGL holders, demanding that different Vendors, Stores, Exchanges, Conversion Tools, etc, to list PGL. PGL has users now.
In Crypto the 1st step is to get the users/holders, Part 2 is to create a Marketplace. To answer the question "What do I do with PGL?". It could be a Forum, or we could all Democraticly decide we will use eBay or Etsy or whatever, but we once there is a place you can go spend PGL, even just amongst each other, it opens the door to the next level of being a real Currency. This is Statecraft.
Everyone using Prospectors now needs to understand that this will still be happening in 2 years, and in 4 years, and longer. So everything you do now effects a long long series of events that may take on different generational forms.
Bitcoin started in like 2009, and it was itself like a game, and considered worthless. It has only been 11 years, but it has been around for 11 years.
This is the first Crypto based game. 2020.
In 2100 or 2500 Bitcoin will be like a Gold Dubloon, an ancient Currency.
The things happening now are not set to be within and underneath the series of events and Blockchains, and Contracts. The World is being brought in to Crypto technology by the Contracts, by the Blockchains.
Prospectors is about to bring PGL to $5.00 and $20.00 each.
PGL is Social Distancing Commercial Off-The-Shelf (COTS). If nothing else good comes of Corona Virus, it will teach people the Practicality of earning Crypto and earning money without touching strangers or things they touched. And with no School and Work people have time.
https://qz.com/1816060/a-chart-of-the-1918-spanish-flu-shows-why-social-distancing-works/
Ok, the Stock Market is crashing, so Bitcoin started getting sold down too (Bitcoin is tied to broker investment now, because they started offering it as an investment). So PGL is half the price, because it is pegged to Bitcoin (1 cent now instead of 2 cents). This is a great opportunity because now you don't have to wait for BTC to go to $15,000 or $20,000 for exponential growth. It is at $5,000. The best way to understand is to imagine that you created a currency and it started at $0.00 and got up to 400 users and 1 cent each (like PGL, which has massive user growth potential because of the game attached to it). Your coin would also be pegged to Bitcoin unless there was a direct USD market for your coin.
You could raise the price by getting new users, buying, holding, etc, like the regular Stock Market works and Crypto trading markets work. But, if you do that and get it to $0.25, then Bitcoin goes from $5,000 to $10,000. Your coin jumps to $0.50. If Bitcoin hits $20,000 your coin is $1.00, just based on the BTC market jump. And, as your coin hits $0.25, $0.50, $1.00, etc. More people recognize the investment opportunity and come in. That's new people, current Bitcoin holders that mined it in 2010 and got tons or who bought their Bitcoins for $100 each, Ethereum holders, DOGE holders, STEEM holders, etc. The Coin holders are all just jaded traders and wait for the Up Ramp before they buy, which is smart, but doesn't give you the opportunity to buy everything up for cheap and get way better returns ($1 on 1 penny, etc).
So don't neccisarily buy at this exact moment, because Bitcoin could still go down before heading back up. But if you watch the market and Bitcoin is surging, then you know it's time to buy PGL for big big returns. You could buy right right now, but it may go down before it goes up.
There is a little bit of a disconnect because of the 1 PGL to 1,000 Gold Conversion rate, but this is the first game with a real Currency being traded in it ever so we will have that kind if thing happen.
So, 1 PGL is 1,000 Gold, right now 1 PGL is 1 Penny, and has only about 500 people on the entire planet holding it. It has been 2 cents and 6 cents before.
A Hammer in the game for mining stone is 3,000 Gold, only 3 cents right now, but unless you invest $1,000 in the game then that 3 cents still seems like a lot, especially if you need enough to build a building. A hammer can be used for 100 hrs, it takes 750hrs to build a building. 8 hammers is 24,000 Gold, 24 PGL, $0.24 cents. So it costs a quarter just to buy the tools to build your own building. 45,000-200,000 to pay other people to do it for you, and none of this includes the building materials like Wood, Stone and Clay.
And if 1 PGL went just to $0.06 cents, that 24,000 for hammers, that 1 quarter, goes to $1.50. When PGL goes to $1.00, those same hammers are $24.00
Coffee
New buildings
To put this in perspective, many of us were not here when the game started. There was a Pre-game Auction where the PGL developers sold off game gold, tools, and other game items before the game launched. So when the game started, it is likely that people started with no buildings and had to build them. So, for example, if I wanted to build a Gold Mine I would need Clay Bricks, but if I went to look at the market there wouldn't be any.
So, I would have to start a Brick Yard, and manufacture my own bricks, and maybe my own wood girders, and maybe my own everything, with nothing for sale on the market yet. So first, you have to build a Brick Yard, and maybe even a Stone Yard before that, all in order to make a Goldmine.
That is why the prices are where they are, because the game started with more Gold than Industry. But now the Industries are popping up, and you can mine Stone and sell it to stone yards, or mine clay and sell it to clay yards. You don't have to sit on everything you mine because other people need it.
Eventually there will be more land with buildings on it than without land, we just need more users. The Coffee industry is about to be a renewable resource, like growing your own woodland on the map from seeds. We are basically going to be farming, and farmers need empty land to farm on. So eventually there will be no abandonned plots, and the only option for new people will be jobs, no collecting resources. The Auction will then be the only place to look for new land. And everything will be completely different from how we see it now.
If you look at the Wood Charts you can see how this all works. The Sell side is at 12 gold pieces each, which is the people who have Wood and want you to come pick it up. The Buy side is people who do not have Wood and want it delivered to them, that price is at 16 gold pieces.
But you can see there is not actually much Wood on the Market at 12 through 43 gold pieces, the 12, 15, 20, etc hardly have any left, and it jumps to 44 gold pieces before you see lots of Wood. So it will be 44 each soon, and is 12 right now.
The Sell price is already up to 39
So, just to point out the details of this economy. So, the base Crypto layer, PGL is traded for other Cryptocurrencies, Ex: Bitcoin is a Crypto. And these are traded for USD, the price of PGL will go up as other Cryptos go up because they are traded against each other, not the USD. Only Coins on Coinbase can be traded for USD, so you use your other Crypto to buy the USD tradable Crypto.
The next layer is the Trade Platforms. Trade volume is pretty low right now, Trade Volume going up means there are more people joining the game and buying PGL. The more people there are buying PGL and investing in the game, the more rare PGL gets. Because it is just natural that when 5 people share 1000 things, it is easier to collect/horde than when 500 people are sharing those 1000 things. So as Trade Volume goes up, the price will go up.
Then, also, as PGL is bought and brought into the game, it is basically inflation. So if there are 5 people playing the game, and they spend $50.00 each on PGL at $0.06 each, then build Goldmines, and Tool Shops, etc, and dig more Gold out of thr ground, it is limited to whatever they can retrieve. So right now, because there are only maybe 200 players (which is why it is still a great time to get it and earn a lot of Gold) sharing whatever they all purchased in PGL to bring in, and whatever they dug out of the ground, and many are cashing out into USD putting PGL back on the market, lowering the in game Gold supply. So 1kg of Rocks in the game is maybe 5 Game Gold right now, but when 500 new people come in and spend $20.00 each to get in the game, the in game Gold supply goes up. And they buy rocks, raising the price of rocks because 500 new citizens exist, using the rock supply.
So in Game prices can change, and holding an in game Product and waiting for new citizens to buy up all the cheap products, could be as profitable as holding a Cryptocurrency itself. It's possible that when there are more like 1,000,000 users, that the workers could be paid like $15.00/hr in in game Gold for their in game work. This is the first ever Real Life Currency traded in a Game App like FarmVille. Right now it is more Profitable to buy PGL and invest it in the game to flip it, there will come a time when working for in game Gold by selling game products on the market, and working, will be more profitable than buying PGL and bringing it in. Because this Currency is based on a game, there will come a time when the game and the market will switch in the "Buy buy buy!!!" and "Sell sell sell!!!" moments on the Crypto Exchanges.
This is similar to how in the Real Stock Market, NYSE, DOW, NASDAQ, etc, when stocks drop, or in a recession for example, Gold goes up because people are selling stocks to buy Gold, so it goes up. Markets shift, and part of the PGL market is in Game work.
Here is how game wages could be as high as regular wages. Right now, work is in high demand and game gold is in high demand. But say that 100 new people start playing, and they all want to be at the top of the work orders list. Instead of 7 game gold max, they could offer 10 or 12 game gold. So at 10, that is 600 game gold per hour. Now, that let's another 150 or 200 or 300 people get in the game, start making the Auctions competitive, bring up demand for tools and wagons and building material. Now prices go up even more.
Then if people simply decide they want more gold. Stone in the cheapest resource right now, but say I wanted to bring the price up? Or stone building material? Hardly anyone is buying stone building material on the buy side of the market, they don't have buy orders up. So if you bought up all the sell orders for all stone materials, and were sitting on 1 million stone, 150,000 stone tiles, and 70,000 stone blocks and a stone workshop. You could set the price yourself. Anyone could do that with any market in the game, like a Cartell.
And if the price of materials goes up, the price of tools and wagons and everything goes up. If the price of tools and wagons goes to where you need $0.50 and $1.00 or $5.00 to buy tools on the market with PGL, now people with game gold and wagon shops and tool shops and stone mills and saw mills have new found wealth; from a video game Cartel bringing PGL in off the exchanges with USD, then putting it into game gold (not coming from the ground in the game), which also raised the price of PGL to maybe $0.50 each or $15.00 each. And maybe they can start to afford 25 or 50 or 100 per minute for jobs, making 50,000 or 100,000 game gold per tool they sell. Now people are getting 1 PGL every couple minutes, the PGL/WAX/EOS market gets super active. And then suddenly we are all stockholders and employees l
How to Buy PGL
This is a guide for anyone playing the game starting with $0.00, no PGL. And the 1st 4 steps should take like 12 hrs checking every hour, or spacing it out. Then you get tools and should be able to make at least 1000 gold a day on the website. 1000 game gold = 1 PGL which is only around $0.06 right now. If you can put $10-$20 in, that is really all you need. It is complex for people new to crypto, but they can do it. You go on Coinbase, get Bitcoin with a Debit card (not bank) so it is available instantly. Then convert that to EOS, Convert is an option on the Coinbase trade page when you click the blue "trade" button.
Once you have EOS, go to NewDex (don't let coins sit for days or weeks if you need to spend them, they could lose value by the time you need them). NewDex makes you create a Wallet, Wombat works easy because it is a Google Chrome Extension, which just means it makes a Wombat Wallet Icon in Chrome for you so you can click it easily. Your Username is 12 Letters long. Go back to Coinbase, open the Wombat Wallet by clicking the little button it made for you in Chrome, copy your username, send the EOS to yourself from Coinbase on Coinbase in you Coinbase wallet to your 12 letter Wombat username.
Then go back to NewDex, or just Google search for:
Newdex PGL/WAX
When you find that trade page, go to EOS/WAX over on the right side and switch to that page, then click the bottom red colored trade option on the left hand side of the page, then buy it. And keep doing that until your EOS is gone.
Then on the right side click WAX/PGL, do the same thing with the red ones and buy them.
Now, your WAX account is your Prospectors Account, so once you buy the PGL it will already be in the game because NewDex makes you log in to WAX to trade.
Then go to the Prospectors game and at the top right click the settings button, it looks like a little machine gear. Then click "deposit". And type in the amount of PGL it says you have.
You won't need more than $10-$20 until you learn more about the game, and that is plenty to start with. If you compare this to a App Game, like FarmVille or games more like it like Mobile Strike that Arnold Swartzenater was advertising, or whatever else, it is much much cheaper than those. $10-$20 at this point in time, with PGL at $0.06, will go a long way.
And just because for some reason there is no "n00b" love yet, I will help start it. I will write a more complete guide eventually, but here are a few tips just to get people started.
1. At the beginning, at the Government building, you can not pull those items out. You start with 0 Gold and 0 items, but 3 workers. Also, btw, the Government Office is Coordinates 0/0 when you start to learn the Coordinates.
2. When you click a plot, and it shows you the box at the top with the resources numbered, it says whether the plot is owned or not. You can also ckick the rental sign inside the plot.
Find a plot with trees but no owner, start the game by collecting wood by hand.
3. When you do things with tools you get 10x as much. For example, wood gathered by hand by workers comes in at 0.1 wood per min, so 6 in 60 min. With a saw and axe you get 60 per hour.
If you can find a cheap used stone hammer (stone only requires 1 tool, wood requires the 2 tools), use the money you get from gathering wood to buy that because 1 cheap tool is easier to get than 2x 100% non used tools.
4. Then get a saw and axe, because wood sells for a better price, and with tools you get 60 per hour.
5. Then decide if you need a wagon first, or more tools for your workers, and get a wagon or more tools for your workers.
