S.MG - The Ministry of Games.

[stephwen]

There is already a well-funded group developing proprietary gateway software to integrate a BTC economy into several major game platforms. If you are still at the stage of raising capital you have probably already missed the boat. It should have been obvious for at least a year that BTC is ideally suited to replace in-game currencies, especially if you want to migrate assets between platforms. The only sticking point has been the resistance to abandoning control of the value of current proprietary game currencies for a self-regulating one. But that resistance is beginning to crumble as the benefits begin to make themselves apparent. They are doing quite a bit behind the scenes on this, and whether they are successful will be for the future to determine. Please take this with a grain of salt, I can offer no proof, so just consider it a random rumor, and just another datapoint.

I am under NDA to really say anything else, so don't ask.

Being first in the field doesn't matter as much as doing things right.

[1715285517]

1715285517

[1715285517]

1715285517

[Eric Muyser]

There is already a well-funded group developing proprietary gateway software to integrate a BTC economy into several major game platforms. If you are still at the stage of raising capital you have probably already missed the boat. It should have been obvious for at least a year that BTC is ideally suited to replace in-game currencies, especially if you want to migrate assets between platforms. The only sticking point has been the resistance to abandoning control of the value of current proprietary game currencies for a self-regulating one. But that resistance is beginning to crumble as the benefits begin to make themselves apparent. They are doing quite a bit behind the scenes on this, and whether they are successful will be for the future to determine. Please take this with a grain of salt, I can offer no proof, so just consider it a random rumor, and just another datapoint.

I am under NDA to really say anything else, so don't ask.

Being first in the field doesn't matter as much as doing things right.

Being first to publish and getting it at least half-right does.

[freedomno1]

Proof of work is the most important factor of all 

[MPOE-PR]

Proof of work is the most important factor of all 

Well at least he's established proof of talk, right? That also counts.

[svbeon]

How much marketshare do you have? 2%? 5%? 10%?

[MPOE-PR]

How much marketshare do you have? 2%? 5%? 10%?

What market?

[Peter Lambert]

How much marketshare do you have? 2%? 5%? 10%?

Right now they have 0%, which will continue until they release something.

[ex-trader]

So am I reading this correctly?

$800,000 has been invested in a company that has no business, assets or firm plans, other than a 'desire' to get involved in Bitcoin games........

[MPOE-PR]

So am I reading this correctly?

$800,000 has been invested in a company that has no business, assets or firm plans, other than a 'desire' to get involved in Bitcoin games........

You are reading this wrongly. 8,799.0657479 BTC were invested in MP's game venture. It's not "a" company, and dollars aren't involved. Furthermore, the corp does have assets: 8,799.0657479 BTC, in cash, and it does have plans, as discussed in the OP.

Apparently "you are reading this wrongly" was not actually accurate. Should have said "every single thing you think is wrong".

To help piss you off further: 38k BTC were invested in S.MPOE too.

Now, you were saying?

Right now they have 0%, which will continue until they release something.

Indeed. Of the 10bn dollar video game market (significantly larger than the movie market, for that matter), 0%. Of the 0 BTC video game market, an unspecified % (as the result of dividing zero by zero is undefined).

[freedomno1]

Proof of work is the most important factor of all 

Well at least he's established proof of talk, right? That also counts.

If it doesn't get delayed for a year or two like BFL 

[ex-trader]

Should have said "every single thing you think is wrong".

Whats worrying is that you actually seem to believe this.

To help piss you off further: 38k BTC were invested in S.MPOE too.

Why would that piss me off?

[nubbins]

To help piss you off further: 38k BTC were invested in S.MPOE too.

Why would that piss me off?

Because bitcoin, or something!

The mistaken assumption is that people resent the fact that MPOE has stacks of BTC. In fact, nobody cares.

[MPOE-PR]

To help piss you off further: 38k BTC were invested in S.MPOE too.

Why would that piss me off?

Because bitcoin, or something!

The mistaken assumption is that people resent the fact that MPOE has stacks of BTC. In fact, nobody cares.

Are you fresh off the SA boat?

[nubbins]

To help piss you off further: 38k BTC were invested in S.MPOE too.

Why would that piss me off?

Because bitcoin, or something!

The mistaken assumption is that people resent the fact that MPOE has stacks of BTC. In fact, nobody cares.

Are you fresh off the SA boat?

South Australia is a loooong way from Canada.

[Peter Lambert]

So am I reading this correctly?

$800,000 has been invested in a company that has no business, assets or firm plans, other than a 'desire' to get involved in Bitcoin games........

You are reading this wrongly. 8,799.0657479 BTC were invested in MP's game venture. It's not "a" company, and dollars aren't involved. Furthermore, the corp does have assets: 8,799.0657479 BTC, in cash, and it does have plans, as discussed in the OP.

Apparently "you are reading this wrongly" was not actually accurate. Should have said "every single thing you think is wrong".

To help piss you off further: 38k BTC were invested in S.MPOE too.

Now, you were saying?

LOL. PR just got trolled hard, or somebody stupid just walked into a good drubbing. Sometimes it is hard to tell about sarcasm on the internet?

Right now they have 0%, which will continue until they release something.

Indeed. Of the 10bn dollar video game market (significantly larger than the movie market, for that matter), 0%. Of the 0 BTC video game market, an unspecified % (as the result of dividing zero by zero is undefined).

I would say there is some sort of potential market for bitcoin games, so the divisor here is non-zero. So it is more accurate to say you have 0% of the market, which puts you in top place next to all the other people thinking about making bitcoin games. The difference is you visibly have funding, which is one step ahead of anybody else.

[MPOE-PR]

South Australia is a loooong way from Canada.

Dun be a goon.

I would say there is some sort of potential market for bitcoin games, so the divisor here is non-zero.

What exactly do you have in mind, the Dragon Tale thing? It's kinda dead/abandoned from what I've seen last.

[Peter Lambert]

I would say there is some sort of potential market for bitcoin games, so the divisor here is non-zero.

What exactly do you have in mind, the Dragon Tale thing? It's kinda dead/abandoned from what I've seen last.

No, I mean there is nothing currently available, but there are people who would use such a thing if it existed. It is a 'potential market'.

[MPOE-PR]

No, I mean there is nothing currently available, but there are people who would use such a thing if it existed. It is a 'potential market'.

So if there is nothing there then the divisor is 0. The market is what the market is, not what the market could be.

[Peter Lambert]

No, I mean there is nothing currently available, but there are people who would use such a thing if it existed. It is a 'potential market'.

So if there is nothing there then the divisor is 0. The market is what the market is, not what the market could be.

I guess that depends on if you are looking at past figures or future projections.

[MPOE-PR]

Details posted today re the S.MG MMORPG's real cash economy, chosen game engine and software, development environment, splash screen and game artwork submission opportunities, etc.