(JWL) JEWELS 🔷 HEROES LAUNCHED 🔷 1ST JWL USE CASE 🔷 TRADING ON BITTREX

[XbladeX]

Continuing to let the coin sell & sit & ico price is no incentive for a major exchange to take it. So far those who put big btc in have shown no care in support of the coin but some have rather dumped below ico price severely. We have to be honest here, the larger exchanges will see this as not worthy of there exchange yet for sure. Coin history shows right out of the gate that investors are willing to loose money so who knows how low it could go.

I hope it survives and one of these whales (like mr 60btc) shows some interest now that its on an exchange an supports the coin there also.

Many people think that way they will go ICO sell with 300% then jump new ship ^^ sometimes it works sometimes not if look at coin market cap and here on number of annoucments ... ICOs IPOs those were a lot at end not many is still alive in top 100.
And this is platform coin  so it needs platform to work with, new webside,new game and stuff like that MR 60BTC is smart guy.


I don't belive that getting on bittrex is changing that much without upgrades new exchange don't make coin great on Polo are coins with allmost 0 volume so why we should rush there now ?

I would feel much better having fancy webside and some platform then shout at troll box linking webside,but now guys for me its just to early.
All what i wrote will come (for sure) but it will take time to get there so those who want dump they will dump and run to another ICO.
As 20m coin it can go easy 5x to 1m$ market cap with some volume inside it have big  rise pottencial once  platform arround is runned and new games
are released, i don't know if DEV is awre sytuation when ext he will go to mmorpg.com get review get about 8/10 and game will survive 10 000 - 100 000 -new players (and this is worst probably scenario ). I know numbers in games if game is good it will have players.
If you get to android with such game FTP ... i  don't know if he can pay servers cost haha.

Gamers like support little studios developers who deliver cool stuff etx (path of exile,minecraft,dungeon defenders,terraria,dwarfes).
Those are facts i have been playing games about 20 years and i know indjustry for real with new game dev have to have plan to lets say
fast setup new servers if needed.

If game will be rated at MMORPG.COM he need fast expand plan and some starter packs only  fo MMORPG ... then somehow survive stom of 10k to 100k new gamers. I was wandering for years how people can play LOL .. yea in number of few millions all time.

***

Guys i don't care how low it will be dumped at early stage...
I know something about games and fun will begin in 2years with new good game.

[1714680460]

1714680460

[EpyxZ]

then somehow survive stom of 10k to 100k new gamers.

They will be ready. Did you play UO back in the day?

[Sourgummies]

atleast the 15 btc sell wall was removed at 5k lol

It looks like its back now. When was it pulled?

[Sourgummies]

Payapl Reserve Fund - 1,000,000 JWL

Paypal Jewels & Maturity
There will be a reserved amount of Jewels to be sold via Paypal as this is the most common means of purchase that players are most familiar with. The price of Jewels in USD will be derived from the two markets JWL/USD = JWL/BTC * BTC/USD.

Paypal will be used as a proxy for purchasing Jewels off the market. As the reserve of Jewels for paypal purchases depletes funds received via Paypal will be used to purchase bitcoin used to purchase Jewels from the exchanges thereby adding liquidity to the market.

Is your current goal to maintain a reserve fund of 1,000,000 Jewels?

If so I think a better approach would be to buy Jewels on the exchanges with PayPal funds received and Burn (destroy) them.  (Thereby reducing the total JWL supply and thereby having a greater positive impact on the value of the remaining Jewels - supply and demand.) Only if the dollar value of the JWL reserve fund fell very low would the replenishing approach occasionally be appropriate.

A rapidly reducing supply would also create a greater positive market perception because the impact of in-game JWL demand would be visible and have a long term impact.

If they keep doing that though the price for jewels for paypal players will just keep going up. I dont think thats a viable option.

[FandangledGizmo]

Payapl Reserve Fund - 1,000,000 JWL

Paypal Jewels & Maturity
There will be a reserved amount of Jewels to be sold via Paypal as this is the most common means of purchase that players are most familiar with. The price of Jewels in USD will be derived from the two markets JWL/USD = JWL/BTC * BTC/USD.

Paypal will be used as a proxy for purchasing Jewels off the market. As the reserve of Jewels for paypal purchases depletes funds received via Paypal will be used to purchase bitcoin used to purchase Jewels from the exchanges thereby adding liquidity to the market.

Is your current goal to maintain a reserve fund of 1,000,000 Jewels?

If so I think a better approach would be to buy Jewels on the exchanges with PayPal funds received and Burn (destroy) them.  (Thereby reducing the total JWL supply and thereby having a greater positive impact on the value of the remaining Jewels - supply and demand.) Only if the dollar value of the JWL reserve fund fell very low would the replenishing approach occasionally be appropriate.

A rapidly reducing supply would also create a greater positive market perception because the impact of in-game JWL demand would be visible and have a long term impact.

If they keep doing that though the price for jewels for paypal players will just keep going up. I dont think thats a viable option.

The price of JWL is supposed to go up (Otherwise what's the point in hodling them.)

The products they sell can reference a dollar price and as the price of JWL goes up (which it should) it just means less Jewels are needed to purchase them but the same dollar amount.

Example: Weapon X costs $5 or 350 Jewels. If the price of Jewels rises 10X. Weapon X will still cost new players $5 via PayPal but that will now only require 35 Jewels.  

(However if they have some limited and trade-able game items, which I think they should, those will likely increase in $ value due to scarcity regardless of which approach is used.)

[XbladeX]

....
The price of JWL is supposed to go up (Otherwise what's the point in hodling them.)
....

This is like with $ and OIL - you need oil then you need get $ to buy it becouse people need it price is going up...
Now action hause ... best part
You need buy sword you put 10$ JWL... other huy comes and want bid but he need JWL... (sheeet )
he get some JWL and bid up. Slowly and slowly action hause have more and more items with BIDs because people are
comming and new stuff goes on action house and they "burn" coin from existance and freeze it on market.
More games goes more items are on AH more freeze JWL there (you can say burrned).

Dev should not burn money because he owns 5% JWL and in HIS interest is HIGH price of JWL ...
I show you plenty of indie games that went for few milions of buck $ tat youl not give them a fuck ( ͡° ͜ʖ ͡°)ﾉ⌐■-■
More people in game more items in AH more JWL taken form exchange this is how it will going and while platform will rise hazard games
stuff like AH will move price mister.
And good game attracts people is mostly volume for us - volume attracts traders - traders attracts Pumpers.

More games JWL platform have more JWL will be taken of exchange (we can say it will be burn JWL)
You need go outside little box , players can also start speculate JWL .

And from 100 investors we will have few thousand believers and game fans.

[bobmarley650]

Bought some 

[EpyxZ]

Bought some  

sold some. jk lol.

off to play https://www.conquerheroes.com

[placebo]

JWL ready for a second moon.

[bobmarley650]

JWL ready for a second moon.

Any price prediction?

[placebo]

JWL ready for a second moon.

Any price prediction?

should hit +3000sats again

[EpyxZ]

atleast the price even with these dumps is staying stable at 2300

[XbladeX]

then somehow survive stom of 10k to 100k new gamers.

They will be ready. Did you play UO back in the day?

Nah i was on Lineage2 those times grinding 12h-16h a day with some cool people - i  liked collage

[Steinar]

With such a small exchange many will not deposit BTC at, people should not be so fixed on price. It doesn't have the large amount of support because big players won't put support on such an exchange, I mean would you go and leave 10-20btc on there? I wouldn't. That being said it is very easy to crash the price into oneself and you don't even need to be a whale to do it. All I give a shit about is the development that is going on and the future of the coin, not what it is trading at a few days along the way lol

But you have to man. If you don't take the chance and you end up waiting for the big exchanges then you wont get any coins for cheap. You'll pay much more later down the line so its not worth it to wait and you don't need to leave many btc on yobit either. Just send what you want to buy your jewels, buy them, withdrawal them to your wallet and that's it. You don't need to trust yobit for more then 4 confirmations if you do it right, 3 for the btc and one for the jewels.
 

[Caladonian]

atleast the price even with these dumps is staying stable at 2300

still good for holdings as the project still trying to work it up and survive lets see what would be the net things to happen after this dumpers finish doing the dump, will buy little by little more.

[freequant]

Have you thought of doing a version of a character/weapon/element that's Bitcoin related?
The most popular Bitcoin character by far is 'Satoshi', (The Satoshi Card in Spells of Genesis is by far the most popular and trades at over $3000 each https://sogassets.com/dex/SATOSHICARD )

So a 'Satoshi' version of a character above limited to 200 that could be bought and sold could be popular.
(I haven't played the game but in an ideal world he'd also fight zombie bankers with briefcases  )
Might make it newsworthy/interesting enough to even warrant a mention on Coindesk.

That's what I was suggesting earlier. Blockchain-based assets. This is indeed what SoG is doing and what makes them unique and interesting: a blockchain based trading card game. There is another project called freemyvunk that endeavours to convince MMORPG editors to release user assets as tradable blockchain tokens but at the moment they seem to be only focused on getting buzz rather than actually getting a functional plateform. That being said it is still interesting to look at their model for inspiration and if they have something working maybe strike a deal.

Having on-chain assets and a decentralized auction house would surely propel JWLs under the spotlight.

[freequant]

To those worried by the dumps and lack of reputable exchange: what is happening now is actually a very good thing. Some of the buyers bought with the hope of dumping it all on the rally that usually follows a listing on Bittrex or Poloniex. Now that this is not happening and that there is no clear perspective of when this will happen they can't afford to keep the capital tied up due to the opportunity cost of missing upcoming ICOs so they dump at a small loss. This is great because 1) this gives an opportunity to real supporters to increase their holdings 2) these trigger easy dumpers won't be around anymore when JWL eventually gets listed on Bittrex so price appreciation will be more sustainable. I would say: devs don't push too hard for Bittrex now. Let's keep going and shake off all these weak hands. When the price starts growing consistently on Yobit the time will be ripe to approach again Bittrex.

[koinsmart]

To those worried by the dumps and lack of reputable exchange: what is happening now is actually a very good thing. Some of the buyers bought with the hope of dumping it all on the rally that usually follows a listing on Bittrex or Poloniex. Now that this is not happening and that there is no clear perspective of when this will happen they can't afford to keep the capital tied up due to the opportunity cost of missing upcoming ICOs so they dump at a small loss. This is great because 1) this gives an opportunity to real supporters to increase their holdings 2) these trigger easy dumpers won't be around anymore when JWL eventually gets listed on Bittrex so price appreciation will be more sustainable. I would say: devs don't push too hard for Bittrex now. Let's keep going and shake off all these weak hands. When the price starts growing consistently on Yobit the time will be ripe to approach again Bittrex.

+1 Well put! I'm watching the charts too. Agree with you 100%.

[cannabanana]

someones a baller if they are willing to just toss their shit at 40% loss for almost no reason lol

[JewelsProject]

Have you thought of doing a version of a character/weapon/element that's Bitcoin related?
The most popular Bitcoin character by far is 'Satoshi', (The Satoshi Card in Spells of Genesis is by far the most popular and trades at over $3000 each https://sogassets.com/dex/SATOSHICARD )

So a 'Satoshi' version of a character above limited to 200 that could be bought and sold could be popular.
(I haven't played the game but in an ideal world he'd also fight zombie bankers with briefcases  )
Might make it newsworthy/interesting enough to even warrant a mention on Coindesk.

That's what I was suggesting earlier. Blockchain-based assets. This is indeed what SoG is doing and what makes them unique and interesting: a blockchain based trading card game. There is another project called freemyvunk that endeavours to convince MMORPG editors to release user assets as tradable blockchain tokens but at the moment they seem to be only focused on getting buzz rather than actually getting a functional plateform. That being said it is still interesting to look at their model for inspiration and if they have something working maybe strike a deal.

Having on-chain assets and a decentralized auction house would surely propel JWLs under the spotlight.

You should look forward to next weeks Beyond Bitcoin meeting because this is what I'm going to be heavily focusing in on , after it I have an informal document prepared that we'll be posting on Steem going a little more indepth in what I plan to talk about.