[ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions

[ltd1991]

have you guys read the number 5 yet?
what is the problem here ?

Frequently Asked Questions:

(For more FAQs, visit our website: https://mobilego.io/frequently-asked-questions/)

1. Is there a minimum amount needed to be raised?

MobileGo has no minimum. Our mobile game store with hundreds of games will launch regardless of any amount raised. It has been in development for several years and we will continue development regardless of the funds outcome.

2. Is there a maximum amount for the crowdfund?

There is no hard cap set for the MobileGo crowdsale. MobileGo is unique in that it is creating a large marketing fund for the GameCredits Mobile Store which will be released Q2 of 2017. 10% of all profit from the Mobile Store will be used to buyback and burn tokens from investors. The more money raised, the larger the marketing fund which means millions more gamers, which means larger profits and buyback.

3. How long does the MobileGo crowdsale last?

Exactly one month from April 25th to May 25th.

4. Are there any discounts for early investing in MobileGo?

We do have a discount schedule. The schedule is:

1st week: 15% discount on all currencies + 7% discount for investments made with GAME

2nd week: 10% discount on all currencies + 7% discount for investments made with GAME

3rd week: 5% discount on all currencies + 7% discount for investments made with GAME

4th week: Only a 10% discount on investments made with GAME

5. What is the price per MobileGo token?

MobileGo's price per token will be determined by the amount invested divided by the total number of coins. So, if we raise 5,000,000 USD you divide that by 100,000,000 MGO to get .05 USD per token. If we raise 10,000,000 USD the price per token would be .10 USD.

[Zechis966]

Because 100 m tokens in total yet only 70m for this crowdsale...so the amount of CURRENT NOT TIMESTAMPED value invested into the crowdfund will only be for 70/100m...i believe that's


So if investors think that one token out of 70m is worth .60+ cents (why else would they invest) then naturally it IS worth that.

After the crowdsale the price of the remaining 30m tokens equals whatever price the crowdfund settled at current value, because that's clearly the value we, the market, have agreed upon otherwise if we didn't we wouldn't have invested for A SHARE OF 70m tokens with a pot of like 42m and growing.


It could be wrong but considering the 30m tokens aren't part of this funding (other than some of the bounty) I don't understand HOW they can be taken into account when determining the price currently.

What the problem here is conflicting info and that info being nonsensical.  if we aren't entitled to invest into the other 30 million coins through the ICO, then why would we count them into the equation of how much money is raised towards the 70 million investors are entitled to donate to?

[Apollo777]

Love the different crews/tech surrounding this project. Ethereum / Game Credits / Incent / Waves ... This will be huge!

[Zechis966]

I'm such a math amateur (I can't even remember long division) but my logic feels sound regardless if Jack misthought in the beginning of the posts.

If we as investors aren't technically entitled to ANY of the 30million reserved then why would you count it in the 70% we are entitled to through donations? It makes zero sense because every investment would then be going towards 30% they can't touch. Whereas the 70% are available for us and thus the total investment would be logical market value...which is then applied to the 30% that they reserved for themselves because clearly the market (with an availability of 70% total coins) decided the value

[Johnny00]

Because 100 m tokens in total yet only 70m for this crowdsale...so the amount of CURRENT NOT TIMESTAMPED value invested into the crowdfund will only be for 70/100m...i believe that's


So if investors think that one token out of 70m is worth .60+ cents (why else would they invest) then naturally it IS worth that.

After the crowdsale the price of the remaining 30m tokens equals whatever price the crowdfund settled at current value, because that's clearly the value we, the market, have agreed upon otherwise if we didn't we wouldn't have invested for A SHARE OF 70m tokens with a pot of like 42m and growing.


It could be wrong but considering the 30m tokens aren't part of this funding (other than some of the bounty) I don't understand HOW they can be taken into account when determining the price currently.

What the problem here is conflicting info and that info being nonsensical.  if we aren't entitled to invest into the other 30 million coins through the ICO, then why would we count them into the equation of how much money is raised towards the 70 million investors are entitled to donate to?

Jack confirmed on slack, its based on 70M

[Zechis966]

Because 100 m tokens in total yet only 70m for this crowdsale...so the amount of CURRENT NOT TIMESTAMPED value invested into the crowdfund will only be for 70/100m...i believe that's


So if investors think that one token out of 70m is worth .60+ cents (why else would they invest) then naturally it IS worth that.

After the crowdsale the price of the remaining 30m tokens equals whatever price the crowdfund settled at current value, because that's clearly the value we, the market, have agreed upon otherwise if we didn't we wouldn't have invested for A SHARE OF 70m tokens with a pot of like 42m and growing.


It could be wrong but considering the 30m tokens aren't part of this funding (other than some of the bounty) I don't understand HOW they can be taken into account when determining the price currently.

What the problem here is conflicting info and that info being nonsensical.  if we aren't entitled to invest into the other 30 million coins through the ICO, then why would we count them into the equation of how much money is raised towards the 70 million investors are entitled to donate to?

Jack confirmed on slack, its based on 70M

I just confirmed too with a math genius and considering coins get listed based on math not the team saying what it's worth, the 30 million CAN'T be counted in it's not logically possible to publicly invest on tokens you've no right to, and then have that affect market value, because after all the 30% total tokens aren't in the market unless the team trades them...the ones currently being sold to the market are, and therefore are the only ones applicable to determine market value

[Xmr fan]

Once the ICO is over, which exchanges will be trading this token?

[Zechis966]

Is the value shown on the ICO page really timestamped? I watched it go from 37 to 35 yesterday when bitcoin dropped and ETH did to 140.

Hmm very confusing but regardless the market has spoken and this project is the next big one

[Jack Kuveke]

I'm such a math amateur (I can't even remember long division) but my logic feels sound regardless if Jack misthought in the beginning of the posts.

If we as investors aren't technically entitled to ANY of the 30million reserved then why would you count it in the 70% we are entitled to through donations? It makes zero sense because every investment would then be going towards 30% they can't touch. Whereas the 70% are available for us and thus the total investment would be logical market value...which is then applied to the 30% that they reserved for themselves because clearly the market (with an availability of 70% total coins) decided the value

It wasn't even a miss thought. Marketcap is based on 100 million. But investors are purchasing 70 million. Investors determine the price of mobilego based on 70 million tokens in their hands.

[Zechis966]

Once the ICO is over, which exchanges will be trading this token?

I don't think they've officially announced yet, though you can always check if bittrex already has a wallet and page set up...even though I hate polo it will obviously provide an upward trend as it does with all new promising projects lately.

That coupled with GAME already being on tons of exchanges, and MGO being a structure for GAME, makes it even more likely we'll see it on every exchange that currently trades GAME

[Zechis966]

I'm such a math amateur (I can't even remember long division) but my logic feels sound regardless if Jack misthought in the beginning of the posts.

If we as investors aren't technically entitled to ANY of the 30million reserved then why would you count it in the 70% we are entitled to through donations? It makes zero sense because every investment would then be going towards 30% they can't touch. Whereas the 70% are available for us and thus the total investment would be logical market value...which is then applied to the 30% that they reserved for themselves because clearly the market (with an availability of 70% total coins) decided the value

It wasn't even a miss thought. Marketcap is based on 100 million. But investors are purchasing 70 million. Investors determine the price of mobilego based on 70 million tokens in their hands.

Ok ok it seems like people are confusing market cap with market value.

The cap will be final market value at end of ico X 100 million correct? While the market value will be final funds divided by 70million?

[windjc]

I'm such a math amateur (I can't even remember long division) but my logic feels sound regardless if Jack misthought in the beginning of the posts.

If we as investors aren't technically entitled to ANY of the 30million reserved then why would you count it in the 70% we are entitled to through donations? It makes zero sense because every investment would then be going towards 30% they can't touch. Whereas the 70% are available for us and thus the total investment would be logical market value...which is then applied to the 30% that they reserved for themselves because clearly the market (with an availability of 70% total coins) decided the value

It wasn't even a miss thought. Marketcap is based on 100 million. But investors are purchasing 70 million. Investors determine the price of mobilego based on 70 million tokens in their hands.

Ok ok it seems like people are confusing market cap with market value.

The cap will be final market value at end of ico X 100 million correct? While the market value will be final funds divided by 70million?

In theory, no one wants to sell for less than they bought for, right? So to determine the "floor" price you take the amount bought (70 million) and divide by the amount raised in timestamp USD (Probably around $30 million). Or around .43 cents. However,  a lot of people are going to just look at the final USD totals (probably around 45 million) and use that number instead or about .64 cents. In addition a lot of early investors have seen their spent GAME go up 400% and their spent BTC go up 200% and so they will probably not be looking to sell at anything less than 3-6x their original investment or around $1.25-2.50.

So these market forces along with potential announcements will determine the market price for one MGO. Then that price will be multiplied by 100 million to get the total market cap.

[Freaks]

Over $42M has been raised this is amazing much hard to believe what is happening there but we have to on it. I think this will change the life of all investors because it turned into mega project and price will explode after the launch.

[gullu]

mistake on my part. will update in time.

[the-bitcoiner]

i sent 110 eth to mobilego. when will my balance update?

[xtyling]

I have 19hr to evaluate this project potential. I have 3 BTC. What is the potential of game projects such as this one ?

[giftcardgod]

Over $42M has been raised this is amazing much hard to believe what is happening there but we have to on it. I think this will change the life of all investors because it turned into mega project and price will explode after the launch.

thank you lol that actually cleared things up more then a anything for me

[jayohby]

I invested a small amount into this project.

I know the team is strong but the multi currency ICO aspect has scared me off at first.

Hoping for a good success long term

[the-bitcoiner]

i sent 110 eth to mobilego. when will my balance update?

guys how often balances update?

[xtyling]

When is it planned for coin distributions ?