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menace.bit
Sr. Member
Offline
Activity: 457
Merit: 250
Generation Blockchain.
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March 04, 2017, 07:59:28 PM |
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It's related to the GameCredits / GAME that is already trading? Is this a different blockchain / new token?
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Jack Kuveke (OP)
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March 04, 2017, 09:12:57 PM |
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It's related to the GameCredits / GAME that is already trading? Is this a different blockchain / new token?
Yes the token is related to GameCredits, however it is a completely new token. MobileGo is a dual blockchain token running smart contracts from ethereum and the usability of the waves platform. Here's a infographic that explains the different functions of GAME and MobileGo.
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manonym
Newbie
Offline
Activity: 22
Merit: 0
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March 05, 2017, 01:37:59 AM |
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Gamecredit has a great future, mobilego will follow the big brother.
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kingorbust
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March 05, 2017, 03:44:52 AM |
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Are translations needed for this project?
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menace.bit
Sr. Member
Offline
Activity: 457
Merit: 250
Generation Blockchain.
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March 05, 2017, 07:55:10 AM |
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It's related to the GameCredits / GAME that is already trading? Is this a different blockchain / new token?
Yes the token is related to GameCredits, however it is a completely new token. MobileGo is a dual blockchain token running smart contracts from ethereum and the usability of the waves platform. Here's a infographic that explains the different functions of GAME and MobileGo. So 200 million tokens in all (100 million for ETH & 100 million for WAVES). Tokens are spendable only in the Mobile store? Or also in game?
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Jack Kuveke (OP)
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March 05, 2017, 03:01:05 PM |
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It's related to the GameCredits / GAME that is already trading? Is this a different blockchain / new token?
Yes the token is related to GameCredits, however it is a completely new token. MobileGo is a dual blockchain token running smart contracts from ethereum and the usability of the waves platform. Here's a infographic that explains the different functions of GAME and MobileGo. So 200 million tokens in all (100 million for ETH & 100 million for WAVES). Tokens are spendable only in the Mobile store? Or also in game? No. There are only 100 Million tokens, and they will be registered on both blockchains for redundancy. It's a tricky concept to wrap your head around, but it provides a number of exciting benefits. MobileGo tokens will not be used to purchase games an in-game items. They will be used to place bounties on players heads, place tournament bounties, and trade virtual items. They will also be used to gamify the profiles of users in the GAME Store. This means MobileGo holders will get VIP access to certain events/tournaments, access to beta tests, and discounts on GameCredits.
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nmalisa
Jr. Member
Offline
Activity: 103
Merit: 1
If you need website, just ask for info..
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March 05, 2017, 03:11:20 PM |
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Hi! I also wish to join the subscription campaign mobileGO!
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ADS TEAM offers the service of designing and building Web sites (https://adsteam.info/)
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xland86
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March 05, 2017, 04:18:52 PM |
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Seems its great and interest project. I join signature campaigne. but i still have a questions about project terms. when it starts and when it end?
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farosa
Full Member
Offline
Activity: 506
Merit: 101
1 & 0 😏
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March 05, 2017, 04:21:31 PM |
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realy very interesting project. Good luck team in your works
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menace.bit
Sr. Member
Offline
Activity: 457
Merit: 250
Generation Blockchain.
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March 05, 2017, 04:45:40 PM |
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It's related to the GameCredits / GAME that is already trading? Is this a different blockchain / new token?
Yes the token is related to GameCredits, however it is a completely new token. MobileGo is a dual blockchain token running smart contracts from ethereum and the usability of the waves platform. Here's a infographic that explains the different functions of GAME and MobileGo. So 200 million tokens in all (100 million for ETH & 100 million for WAVES). Tokens are spendable only in the Mobile store? Or also in game? No. There are only 100 Million tokens, and they will be registered on both blockchains for redundancy. It's a tricky concept to wrap your head around, but it provides a number of exciting benefits. MobileGo tokens will not be used to purchase games an in-game items. They will be used to place bounties on players heads, place tournament bounties, and trade virtual items. They will also be used to gamify the profiles of users in the GAME Store. This means MobileGo holders will get VIP access to certain events/tournaments, access to beta tests, and discounts on GameCredits. The way i understand in your whitepaper is you will have full supply in each blockchain. So 100 milliin tokens for ETH, 70% which will be distributed to those who "invest" in ETH. And then another 100 million tokens for WAVES, another 70% of it will be distributed to those who "invest" in BTC, WAVES, other alts. Example: $10 million raised in crowdsale: $4 million raised in ETH $6 million raised in BTC, GAME and Waves 100 million MobileGo Tokens issued on the Ethereum blockchain; 40 million will be sent to users’ wallets 60 million will remain in the smart contract 100 million MobileGo tokens issued on WAVES blockchain; 60 million will be sent to users’ WAVES wallets 40 million will remain locked on a WAVES node.
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Jack Kuveke (OP)
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March 05, 2017, 05:11:34 PM |
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The way i understand in your whitepaper is you will have full supply in each blockchain. So 100 milliin tokens for ETH, 70% which will be distributed to those who "invest" in ETH. And then another 100 million tokens for WAVES, another 70% of it will be distributed to those who "invest" in BTC, WAVES, other alts. Example: $10 million raised in crowdsale: $4 million raised in ETH $6 million raised in BTC, GAME and Waves 100 million MobileGo Tokens issued on the Ethereum blockchain; 40 million will be sent to users’ wallets 60 million will remain in the smart contract 100 million MobileGo tokens issued on WAVES blockchain; 60 million will be sent to users’ WAVES wallets 40 million will remain locked on a WAVES node.
I see what you mean. Let me try and clear it up a bit. Basically, 100 million coins will be registered on both chains. Take the hypothetical 6 million raised from BTC, GAME, and waves. These 60 million are sent to wallets on the waves chain. But we want them to be transferable to the ethereum blockchain if the user wants to switch. How do we do this then? We "lock" an equivalent 60 million coins in an ethereum smart contract. These coins cannot be accessed unless you decide to switch over your piece invested in BTC, GAME, and WAVES to the ethereum wallet and ultimately lock your coins in a WAVES node. In the end, only 100 million is ever accessible to the market. 100 million "place holder" coins will be registered on both chains to allow users to swap over, and to create redundancy in the case of blockchain failure or corruption. This process is fairly hard to understand, but dual blockchain tech is incredibly innovative and provides users with maximum control and security.
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menace.bit
Sr. Member
Offline
Activity: 457
Merit: 250
Generation Blockchain.
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March 05, 2017, 06:22:21 PM |
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The way i understand in your whitepaper is you will have full supply in each blockchain. So 100 milliin tokens for ETH, 70% which will be distributed to those who "invest" in ETH. And then another 100 million tokens for WAVES, another 70% of it will be distributed to those who "invest" in BTC, WAVES, other alts. Example: $10 million raised in crowdsale: $4 million raised in ETH $6 million raised in BTC, GAME and Waves 100 million MobileGo Tokens issued on the Ethereum blockchain; 40 million will be sent to users’ wallets 60 million will remain in the smart contract 100 million MobileGo tokens issued on WAVES blockchain; 60 million will be sent to users’ WAVES wallets 40 million will remain locked on a WAVES node.
I see what you mean. Let me try and clear it up a bit. Basically, 100 million coins will be registered on both chains. Take the hypothetical 6 million raised from BTC, GAME, and waves. These 60 million are sent to wallets on the waves chain. But we want them to be transferable to the ethereum blockchain if the user wants to switch. How do we do this then? We "lock" an equivalent 60 million coins in an ethereum smart contract. These coins cannot be accessed unless you decide to switch over your piece invested in BTC, GAME, and WAVES to the ethereum wallet and ultimately lock your coins in a WAVES node. In the end, only 100 million is ever accessible to the market. 100 million "place holder" coins will be registered on both chains to allow users to swap over, and to create redundancy in the case of blockchain failure or corruption. This process is fairly hard to understand, but dual blockchain tech is incredibly innovative and provides users with maximum control and security. That clear things up for me. Doing in dual chain can give benefits. Appreciate you answering the questions. I will be back if i have more questions. More power!
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MbakNarti
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March 05, 2017, 07:54:41 PM |
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Joined MobileGo Signature Campaign! How much Limit for signature bounty participants?
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animalroam
Legendary
Offline
Activity: 1073
Merit: 1000
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March 05, 2017, 07:57:55 PM |
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What benefits does creating a separate currency get? In other words, why can't someone else do the same thing but accept Bitcoin directly? I know this helps fund development, but I'm curious to see what benefits there are of using a separate token.
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PancherBitCoin
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March 05, 2017, 08:51:12 PM |
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Funny presentation. Now, indeed, many players who really like mobile games will be able to get what they need from the mobile store, and manufacturers to offer their products.
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Jack Kuveke (OP)
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March 05, 2017, 10:14:48 PM |
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What benefits does creating a separate currency get? In other words, why can't someone else do the same thing but accept Bitcoin directly? I know this helps fund development, but I'm curious to see what benefits there are of using a separate token.
Ok to start. Bitcoin simply cannot do what GameCredits can do. We've creating an easy to implement API that allows any developer to accept GameCredits as a means of payment. This API and payment gateway has been built to handle over 70,000 users a second and is scaling up daily. Our transactions and confirmations are incredibly fast. Using our payment gateway players can make purchases for in-game items instantly rather than wait like you would have to using bitcoin. The GameCredits platform is creating an entire ecosystem to allow developers and gamers to use one universal currency. Using GameCredits developers can costs by over 20%, receive payments in hours or days rather than months, and eliminate chargeback and fraud. We're a team of game developers, gamers, and blockchain developers who have years of experience in each of our fields, and know what the industry needs. Someone could build a platform using bitcoin, but it would be wildly less efficient and less scalable. This is an answer I just gave yesterday to a similar question on why create a new coin (MobileGo) and not use GameCredits: We've gotten this question many times. GameCredits doesn't run smart contracts. That means decentralized player run tournaments (players awarding other players for winning), virtual item exchange, and peer to peer match play (where one player says if you win I'll pay you 20$) aren't possible with GameCredits. Rather than miss out on these billion dollar markets, we decided to create a coin that would enhance the functionality of the GameCredits Store. By creating MobileGo we are effectively increasing the market possibility of the Mobile Store, ultimately drawing in more players who will only be able to use GameCredits to buy games and in-game items. At the same time MobileGo will allow us to create a massive marketing fund for the GameCredits Store. Half of all funds raised during MobileGo will go to acquiring millions of gamers to the GAME Store. This whole process will begin this spring directly after the launch of the mobile store. Creating MobileGo will both increase the popularity of GameCredits and create one stop (the GameCredits Store) for every new and exciting feature of the mobile gaming industry.
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dadingsda
Legendary
Offline
Activity: 1310
Merit: 1000
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March 05, 2017, 10:26:53 PM |
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if you need german translation, pm me
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INVALID BBCODE: close of unopened tag in table (1)
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sixiangzhe
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March 06, 2017, 02:17:57 AM |
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I see my signature in the form。
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sixiangzhe
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March 06, 2017, 02:19:46 AM |
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Gamecredit has a great future, mobilego will follow the big brother.
all the best。
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