[ANN] Peerplays - First Ever Blockchain-Based Gaming Platform

[5thangel]

Regarding the news about Maloney, was he actually a key figure or a core developer of Peerplays and is that a big drawback for the project as a whole?

Where did you get that from? I must be missing something in recent updates about Peerplays or so....

[Jocuserious]

Regarding the news about Maloney, was he actually a key figure or a core developer of Peerplays and is that a big drawback for the project as a whole?

Where did you get that from? I must be missing something in recent updates about Peerplays or so....

I believe that it is from the October or November PBSA newsletter.  Just go to Peerplays.com and sign for the newsletter.  They show up once a month and usually get summarized in the Telegram channel.

I'll go ahead and copy/paste the December version, which gives insight to Bookie -

News From the Bunker: December to Remember Edition
This is the time of year we remember and reflect on the previous 11 months, read about and make our own "Best of 2017" lists, and look forward to 2018. And if you're lucky (or unlucky?), make a snowman or two.

It's been an amazing year of growth and innovation for PBSA and the Peerplays blockchain. Working together, PBSA and the wider Peerplays community have developed and implemented new ways of using blockchain technology. Importantly, we've mapped out a route for the Peerplays blockchain and all of its partners & stakeholders to achieve great things in 2018 and beyond.

Keep scrolling for updates on the new Peerplays website, profit share payout, another team announcement, Beyond Bitcoin, and a comprehensive progress report on Bookie.

Peerplays.com Relaunched on November 30th
Redesigning and relaunching the Peerplays website was an important project for the PBSA, and one we did not take lightly. Though our focus has been and continues to be on the Bookie app, we recognized that there was room for improvement at peerplays.com and wanted to create a better user experience.

 
Click to visit the new Peerplays.com
As an example, all documentation is now easy to find on our Resources page. All official communications like the Peerplays and Bookie newsletters, along with Peerplays bulletins and other relevant industry news, will be kept on the News page.

In the coming months we will introduce a new Bookie website as well. And just as it was with Peerplays.com, we will not lose sight of our goals.
PPY Had its First Ever Profit Share Payout

On November 4th, 2017 at 16:00 GMT, the Peerplays blockchain paid out its first profit share to PPY token holders. Make no mistake, this was no minor event. Also referred to as a rake, the payout wasn’t just the first such occurrence on the Peerplays blockchain, it was the first payout on any blockchain.

We recently tweeted out a great community article from Taconator, and we highly recommend reading that piece for a technical but accessible breakdown of how the rake works. For a VERY technical breakdown, please check out the Peerplays profit sharing documentation here.

The key takeaway is that a rake fee is automatically deducted from money staked on the Peerplays blockchain. In short, the more bets that are placed, the more rake that is allocated to PPY holders. Until Bookie and 50-50 are launched, the profit share will be generated by Helmbet RPS. So grab your preferred Rock, Paper or Scissor and head on over to www.helmbet.com for a PPY challenge with friend and foe alike.

Our Team Keeps Growing, Growing, Growing
Last month, we introduced the two newest members of the PBSA team. But last month is old news, and we’d now like to welcome Jim Gill who has taken on Project Manager duties for Bookie. We’re excited for the leadership and experience Jim has already started bringing to PBSA - please join us in welcoming him to the Bunker!

The need for a new Project Manager arose when Karen Keyes was promoted to Operations Manager, where she now oversees all activity for PBSA, Peerplays, and Bookie. Congratulations, Karen!

In addition to these moves, we're looking to build out our team even further. Recruitment is currently underway for the following positions, which can be viewed on LinkedIn:

Intermediate Full Stack Developer
Partnership Manager & Analyst
These positions offer the opportunity to work in a fast-paced, blockchain focused, startup environment. It doesn't get more exciting than this!
 
Bookie Year-End Update
Looking back at 2017, it’s hard to pick just one thread from the many that make up Peerplays’ growth. But we thought it would be worth giving a bit more insight into the development of Bookie these past 12 months. It’s something we at PBSA get to see up close every day, but which, by necessity, we have not been able to share in similar detail with you all (yet).

Jan: Bookie UI URD finalized & development begins (React/Redux/Electron);
Feb: On-chain betting exchange development begins (C++);
Mar: Specification of Witness-side Oracle completed & development begins (Python),
Apr: Alpha testing of the Bookie UI; Binary markets implemented;
May: First iteration of On-chain betting exchange complete; Bookie APIs built-out (Javascript);
Jun: QA of On-chain betting exchange, Implementation of single-market exposure;
Jul: Bookie UI integration with the On-chain betting exchange;
Aug: Ternary+ markets implemented; account features implemented (transaction history, fund management, global settings);
Sep: Implementation of In-Play betting; Implementation of multi-market exposure;
Oct: Automated creation and management of Events and Markets implemented;
Nov: Manual Intervention code implemented; Integration of data feeds starts;
Dec: Final skinning of UI; On-boarding content developed;
Well, that tells some of the story! Feels like just yesterday that we started writing that URD...



Looking ahead to 2018, PBSA has a seemingly endless list of tasks to get Bookie into the hands of people all over the world. We’ll mention just a few of these so as not to spoil your appetite before the holiday dinners start:

Beta-testing of Bookie (planned for late January, but more news as it comes)
Implementation of automated grading/settling
Continuing work on the on-chain Referral Program
Development of an all-new Bookie website
Release of technical documentation
As you can see, the excitement is never ending in the Bunker, and Bookie is a major part of that. We can't wait to show the world what provably fair sports betting looks like!

Reminder About the Bounty Program
If it's not on your radar yet, we put out a bounty for the Peerplays Core Wallet, through which we want to compile and build the wallet for the Windows/Linux/macOS operating systems.

Send an email to bounty@pbsa.info if you want to participate in this bounty.

More bounty opportunities involving the Peerplays blockchain are on the horizon. Stay tuned to our Twitter and Steemit feeds, among others.

Happy Holidays from PBSA!
Whatever you celebrate, we truly hope you have a wonderful and safe holiday season. Thanks for being such a big part of our story in 2017, and we look forward to an even better 2018.

- The PBSA Team
 

[SixFigures]

Damn the PPY market is so thin on both the buying and the selling side. Could need a larger exchange soon.

[Kirilp]

Play on-chain for provable fairness! Peerplays on-chain games include head-to-head games
https://twitter.com/PeerPlays/status/941518207852208128

[Jocuserious]

The newsletter for Bookie has been released.  Major highlight is that Square In The Air has been enlisted for PR/Marketing for Bookie (which is the first major Peerplays Dapp).

To ensure our message is seen by as many people as possible - make that the right message, seen by the right people - we’ve enlisted the services of award-winning communications agency Square in the Air (SITA). Specializing in the sports, betting & gaming, and financial industries, and providing a range of PR, marketing, and content services, we’re excited to work with this established group of industry experts:

“Square in the Air has worked in the gaming industry for more than a decade, and has partnered with many of the companies behind the innovations driving the industry forward over this period. So we are thrilled to work alongside Bookie, a product with truly game-changing potential and one of the first to bring the disruptive promise of blockchain technology to the sector.”
- David Bartram, Account Director, Square in the Air
 
Welcome, SITA, to the Bookie team!

http://mailchi.mp/6f360610497f/bookie-holiday-update-december-14-2017?e=34a353f396

[Gully Bop]

The newsletter for Bookie has been released.  Major highlight is that Square In The Air has been enlisted for PR/Marketing for Bookie (which is the first major Peerplays Dapp).

To ensure our message is seen by as many people as possible - make that the right message, seen by the right people - we’ve enlisted the services of award-winning communications agency Square in the Air (SITA). Specializing in the sports, betting & gaming, and financial industries, and providing a range of PR, marketing, and content services, we’re excited to work with this established group of industry experts:

“Square in the Air has worked in the gaming industry for more than a decade, and has partnered with many of the companies behind the innovations driving the industry forward over this period. So we are thrilled to work alongside Bookie, a product with truly game-changing potential and one of the first to bring the disruptive promise of blockchain technology to the sector.”
- David Bartram, Account Director, Square in the Air
 
Welcome, SITA, to the Bookie team!

http://mailchi.mp/6f360610497f/bookie-holiday-update-december-14-2017?e=34a353f396

Excellent news. 

[mcjavar]

Again... I had PPY tokens on OpenLedger. How to convert them to coins?

[xianwei82]

Peerplays the idea is great, and I'm happy to see you being active.
I hope to see the goal to be accomplished

[Gully Bop]

Again... I had PPY tokens on OpenLedger. How to convert them to coins?

You have to claim via peerplays website

Follow instructions, everything is there.

[Jocuserious]

Again... I had PPY tokens on OpenLedger. How to convert them to coins?

Follow the instructions at the following link -  https://www.peerplays.com/wp-content/uploads/2017/11/Howto-Claim-Your-PPY-Tokens.pdf

If I interpreted correctly, you are asking how to convert your tokens from the first crowdsale.  If so, follow #2.

It should also be noted, that if you intend on sending them anywhere at any point, YOU WILL have to create a new account after you claim and send your coins from the 'bts-' account to the Peerplays account.  You will lose your coins if you do not complete this step.  So create the first account to claim. Second account for sending.

[Jocuserious]

Peerplays gets implicit exposure on CNBC!  A short interview with Jonathan Baha'i, who is listed as Co-Founder Principle Designer of Peerplays, can be viewed here on the CNBC website...!

https://www.cnbc.com/video/2017/12/17/a-six-figure-price-level-for-bitcoin-ahead.html?__source=sharebar%7Ctwitter&par=sharebar#_gus&_gucid=&_gup=twitter&_gsc=U4n0AO

[andrei1982]

Again... I had PPY tokens on OpenLedger. How to convert them to coins?

Follow the instructions at the following link -  https://www.peerplays.com/wp-content/uploads/2017/11/Howto-Claim-Your-PPY-Tokens.pdf

If I interpreted correctly, you are asking how to convert your tokens from the first crowdsale.  If so, follow #2.

It should also be noted, that if you intend on sending them anywhere at any point, YOU WILL have to create a new account after you claim and send your coins from the 'bts-' account to the Peerplays account.  You will lose your coins if you do not complete this step.  So create the first account to claim. Second account for sending.

is this project dead?

[Gully Bop]

Peerplays gets implicit exposure on CNBC!  A short interview with Jonathan Baha'i, who is listed as Co-Founder Principle Designer of Peerplays, can be viewed here on the CNBC website...!

https://www.cnbc.com/video/2017/12/17/a-six-figure-price-level-for-bitcoin-ahead.html?__source=sharebar%7Ctwitter&par=sharebar#_gus&_gucid=&_gup=twitter&_gsc=U4n0AO

Peerplays is firming up nicely.

[Jocuserious]

Again... I had PPY tokens on OpenLedger. How to convert them to coins?

Follow the instructions at the following link -  https://www.peerplays.com/wp-content/uploads/2017/11/Howto-Claim-Your-PPY-Tokens.pdf

If I interpreted correctly, you are asking how to convert your tokens from the first crowdsale.  If so, follow #2.

It should also be noted, that if you intend on sending them anywhere at any point, YOU WILL have to create a new account after you claim and send your coins from the 'bts-' account to the Peerplays account.  You will lose your coins if you do not complete this step.  So create the first account to claim. Second account for sending.

is this project dead?

Bookie, the first major Peerplays Dapp, releases in Q1 2018.  Beta Testing begins in January.

So...nope.

[MihailJ]

Speaking of DPoS, we also enjoyed this post from the Bytemaster himself

As a society we seem to have double standards when it comes to privacy. We would like to know everything about everyone else while simultaneously ensuring nobody knows anything about us. We want the right to demand others forget us, but we want to remember everything we can about everyone else.

https://steemit.com/eos/@dan/does-freedom-require-radical-transparency-or-radical-privacy

[andrei1982]

Again... I had PPY tokens on OpenLedger. How to convert them to coins?

Follow the instructions at the following link -  https://www.peerplays.com/wp-content/uploads/2017/11/Howto-Claim-Your-PPY-Tokens.pdf

If I interpreted correctly, you are asking how to convert your tokens from the first crowdsale.  If so, follow #2.

It should also be noted, that if you intend on sending them anywhere at any point, YOU WILL have to create a new account after you claim and send your coins from the 'bts-' account to the Peerplays account.  You will lose your coins if you do not complete this step.  So create the first account to claim. Second account for sending.

is this project dead?

Bookie, the first major Peerplays Dapp, releases in Q1 2018.  Beta Testing begins in January.

So...nope.

looking forward .thanks

[Nyrhalibe]

Peerplays Sports Betting Could “Uberize” Industry for Millions

http://www.sportsandpolitics.org/peerplays-sports-betting-uberize-industry/
Peerplays Director of Intelligence Michael Maloney is one of the individuals leading the development of the platform, and shared many details about its inception and progression.

Peerplays could possibly revolutionize the sports betting industry because it allows a wider expansion of an age-old practice of a wager on a sporting event between private individuals. In the same way that ride-sharing services like Uber have replaced traditional taxi services for many people, Peerplays will enable individuals to eliminate the need for traditional bookies in their sports betting.

[filsid]

Peerplays Blockchain Distributes First Rakes to Stakeholders



Summary
On November 4, 2017 at 16:00 GMT, the Peerplays blockchain distributed its first rakes with stakeholders of the provably-fair peer-to-peer gaming network. The previous 30 days included the playing of the first decentralized app (DApp) on the main network called Helmbet which is a classic rock-paper-scissors game published by Pacatum. During that time, 21 tournaments were played for a total prize of 25.5 PPY. 3% of that prize (0.765 PPY) was collected as a rake by the blockchain. 0.76481 PPY, was shared with 679 stakeholder accounts in proportion to their holdings of the core token, PPY. The remainder of the 3% (0.00019 PPY) was too small to distribute with the available numerical precision of the blockchain and is being retained for the next sharing on December 4, 2017.

Details of the Rake Sharing
The process of how the Peerplays blockchain shares rakes with stakeholders has previously been described by the Peerplays Blockchain Standards Association (PBSA) in fairly technical manner. The process effectively goes through three phases: (1) collection of the rake by the blockchain, (2) allocation of the rake to stakeholders, and (3) paying out the allocation.

Collection of the Rake
When a tournament has successfully concluded, a portion of the prize is collected as a rake by the blockchain. This amounts to 3% of the prize as the blockchain is currently configured. The rake is set set aside until the next periodic allocation cycle.

Allocation of the Rake
The allocation cycle is currently configured to occur once every hour. At this time, the blockchain checks to see whether the available rake is greater than a minimum threshold before proceeding. If the threshold is exceeded, then the available rake is allocated to stakeholders in proportion of their stake relative to all others at this moment in time. (Whether the account held any PPY before or after this moment is irrelevant. What matters is what the account holds when this allocation cycle occurs. During this first month, there were 720 allocation cycles.) If an account’s allocation falls below the minimum precision that can be measured for that asset by the blockchain (e.g. 0.00001 for PPY), then that allocation is effectively zero.

To reiterate, whether any particular account receives an allocation during a particular cycle depends on:

(a) the amount of rake collected since the prior allocation;

(b) the proportion of stake held by the account when this allocation cycle occurs; and,

(c) whether that allocation exceeds the minimum precision that can be measured for that asset by the blockchain (e.g. 0.00001 for PPY).

This allocation is internally aggregated by the blockchain with the account’s other “pending payouts” until the next payout cycle.

Paying Out the Allocation
The payout cycle is currently configured to occur once every 30 days. At this time, the blockchain distributes the pending payouts to every account that has been allocated since the prior payout cycle.

Next Rake Sharing
Although the next distribution of rakes will occur on December 4, 2017, the reader should be reminded that the sharing of rakes occurs every hour that a rake is collected and from every DApp that is integrated with the blockchain.

https://steemit.com/peerplays/@taconator/peerplays-blockchain-distributes-first-rakes-to-stakeholders

[Saint-loup]

I didn't receive any rake!

It doesn't work!  

[Argolas_]

I didn't receive any rake!

It doesn't work!  

nothing for me, like you
but you need a minimum amount of PPY to receive

"If you only held one PPY during these 30 days, then your allocation would have been zero PPY due to your portion of the stake being smaller than the minimum precision that can be measured by the blockchain.
Note that the first DApp, Helmbet, was not using the main network until the 7th day of the 30 days, so the amounts played were small.
Alternatively, if you held one PPY and the amount played were large enough then you would have received enough to exceed the minimum of 0.00001 PPY. "