PopCoin - The World’s First Proof of Play Cryptocurrency - LAUNCHING NOW!

[PlayPopCoin]

Introducing PopCoin - The World’s First Proof of Play Cryptocurrency

Website- PopCoin.gg

TL/DR: On 8/21 at 02:00 UTC we're going to be launching PopCoin- a new sort of game, and a new sort of cryptocurrency, and we'll be seeding it with 2 ETH. If no one plays this is basically free money, but if people do play there's going to be an extremely interesting game going with the earliest players standing to benefit not just from this game, but for all games played in the future.

What is PopCoin?

PopCoin is both a cryptocurrency, more specifically an EC20 compliant token, and a unique game that allows you, through playing, to become the house.

So how does it work?

You both play the game and mine PopCoin by making a sending Eth to the smart contract. In this way PopCoin is actually not an ICO- there is no presale or predefined price coins are issued at, instead coins are mined through the playing of the game- or Proof of Play.

After sending Eth to the contract your bet will be placed in the most favorable position, right on the very top of the payout curve. If the game ends soon, you’ll win big, occupying that very desirable payout position. As other players send Eth to the contract your bet will move towards the back of the curve, initially decreasing in value. You’ll continue to mine PopCoin however, as the game continues your PopCoin mining rate will only continue to increase. Eventually however, if enough bets come in your bet will reach the back section of the payout curve, and your winnings will beginning to increase again. Once your bet is in the back section your winnings will only grow as more bets come in and as always your PopCoin mining rate will continue to increase.

How does the game end?

The game ends when there is no more activity, that is, when bets have stopped coming in. This is measured by the number of blocks that have been mined on the Ethereum block chain since the last bet. This number will change as the round progresses, getting smaller as the round grows. Once the designated number of blocks has been mined with no bets the round ends and player bets are awarded out according to the payout curve.

What are PopCoins good for?

Ok, so you played the game, maybe won some Eth but you also mined PopCoins, what exactly are they good for? Popcoins can be sent, traded, or hold’ed just like any other cryptocurrency, but in addition to those normal functions they also entitle you to something else - a percentage of the house’s rake. When a player makes a bet 3% of that bet is held as rake in a side pool. Your PopCoins entitle you to their corresponding fraction of that pool - if there are 50 PopCoins in circulation and you own 10 of them, then at any point you can redeem those 10 PopCoins for 20% of the Ethereum in the rake pool. This pool will only grow as more games are played and the rate of PopCoins being issued is structured to on average decrease as more rounds are played. For games of equal size, an earlier game in the history of the contract will pay out more PopCoin.

Is PopCoin just 1 game?

Only one game will only issue the cryptocurrency PopCoin, and thus mine the coins that will entitle the holder’s to a percentage of the rake pool, but we’re designing a network of games all of which will pay into that same rake pool. PopCoin itself is just the first of those games.

When Popcoin launch?

[1714635100]

1714635100

[1714635100]

1714635100

[1714635100]

1714635100

[sidgrip]

Reserved 

[LoveCryptoAll]

Did I understand correctly that you are charging your bets and then giving out prizes to the winners? For the full picture, there is not enough white paper and information about the team.

[cryptojette]

This Project is a Bunch of Scammers copycats.


PopularCoin (POP) aka POPCOIN established 2014

Already wrote about Proof of Play in their whitepaper, but you scammers took the idea and are trying to create a scam currency out of it what is funny is that you people completely miss the boat. You are just copycats and nothing more.


I will keep a close eye on you and make sure to let your users know you people are a bunch of scammers that cannot create their own ideas.

You know you can read the Popular Coin whitepaper which can be found here:

https://www.popularcoin.com/popular-coin-popnomics-app-white-paper

[XBITCOIN]

Scam Alert!

PopularCoin ticker (POP) already talked about this!


You have a Ether Scam token here.

[Suharjo]

new and fun innovations, looks like playing games for coin miners. it's quite complicated how to play it, but the idea is unique. and there is not much information that you submit here, I am waiting for the improvement.

[PlayPopCoin]

Hi everyone, just to want everyone to know we'll be launching PopCoin today! We're going to be seeding the game with 2ETH, so the first players should have a really good chance for a big win- for a quick tutorial on how to play please check out the video below:

[PlayPopCoin]

new and fun innovations, looks like playing games for coin miners. it's quite complicated how to play it, but the idea is unique. and there is not much information that you submit here, I am waiting for the improvement.

Thanks for your feedback! I agree we've found it a little challenging to summarize how to play PopCoin in a sentence or two, but we think once you see it in action you'll be able to pick it up really quickly, we're tried to make it simple and fun to play.

[PlayPopCoin]

Scam Alert!

PopularCoin ticker (POP) already talked about this!


You have a Ether Scam token here.

We understand your concern due to the similar naming, however we think there's sufficient differences to not result in general confusion, eg: PopularCoin vs PopCoin, PopularCoin having it's own chain and PopCoin being a EC20 Ethereum token and also the completely different concepts of "Proof of Play".

We'll be deploying the contract along with source later on today in order to prove PopCoin works as advertised and also has no similarities to PopularCoin in conception or execution.

[PlayPopCoin]

Did I understand correctly that you are charging your bets and then giving out prizes to the winners? For the full picture, there is not enough white paper and information about the team.

I'm not sure charging is the right way to think about it- more or less how it works is the pool of player bets is paid out depending on the order players enter into the game. The earliest and latest players will win the largest share of the pool.

What makes things really compelling though is that by playing you also mine PopCoins (thus Proof of Play), which entitle you to a share of the ETH that the game rakes, effectively letting you become the house by playing the game.

[PlayPopCoin]

Hi everyone, just wanted to provide an update, we're still putting some final touches and doing some additional testing on the contract, still anticipate launching very soon, almost certainly within the next week. Will be making a post once the launch date is confirmed.

[PlayPopCoin]

Hi everyone, just wanted to announce we now have an official launch date! PopCoin will launch:
August 21, 2:00 UTC

We're very excited for this launch and think we're going to have a great game. See everyone on Monday!

A direct link to the game: http://www.popcoin.gg/game.html

[dzkrb1966]

A coin for one game? It seems to me that the team is narrowing the scope of using its coins and is not quite right. To make the coin more popular, it should be given more social significance.

[PlayPopCoin]

Just wanted to remind everyone PopCoin will be launching in a little more then 24 hours!

There's going to be 2 ETH seeded in the first game so make sure you get there early. We're very excited and looking forward to a great launch.

[lunar blazz]

Looks interesting, has this project reached softcap? how about the development I am very curious, I will wait for new news success and always think positively.

[PlayPopCoin]

A coin for one game? It seems to me that the team is narrowing the scope of using its coins and is not quite right. To make the coin more popular, it should be given more social significance.

Thanks for your feedback. We've always designed PopCoin to be the currency for all the suite games we plan to develop, which while possibly debatable in terms of the larger social significance they will have, hopefully will me a significant impact in the larger crypto gaming space and will deliver real innovation in terms of how gaming companies reward their players, and especially their early players.

I think some of the confusion around scoping might be because of the terminology; we do use the word "PopCoin" to refer both to PopCoin the game and PopCoin the cryptocurrency. Some of this was to make it clear that however many future games are built PopCoins themselves, and thus they way players can have a claim to the rake not just for this but all future games, will only be issued though this first game. In order to earn PopCoins you have to play PopCoin.

Although we do have other games in the pipeline our primary focus at this point is making our first game as big of a success as possible.

We hope everyone will join us for our upcoming launch, we really think it's going to be something special.

[PlayPopCoin]

Looks interesting, has this project reached softcap? how about the development I am very curious, I will wait for new news success and always think positively.

We're actually distributing coins in a very novel way. There won't be a traditional ICO, and instead of distributing coins to miners whether that be through Proof of Work or Proof of Stake instead coins will be issued to players who participate in the game we'll be launching very shortly, a process we call Proof of Play.

Development and testing of the contract is now complete. We'll be launching the game and uploading the contract source a little more then 24 hours from now. We hope you'll participate! If you'd like to check things out, you can find the main game here:http://www.popcoin.gg/game.html

[mani mani]

I hope you have successfully launched this game and found one great pride, success for hard work, hopefully it can run optimally, fighting and good job.

[PlayPopCoin]

Hi everyone, just a reminder PopCoin will be launching TODAY!

Another reminder that the first game will be seeded with 2 ETH to kick things off, try to get there early!

[PlayPopCoin]

Hey everybody PopCoin is launching NOW! Game should be live within a few minutes!

2 Eth up for grabs!