[ANN] 🌚 2coins1moon - a crypto market simulation game

[kimchimik]

Link: 2coins1moon.com

2coins1moon is a crypto market simulation game.

The main rules:
1. Players bet on the coin that will reach the moon first.
2. Each bet increases the coin's market cap and moves it closer to the moon.
3. If you predict correctly which coin reaches the moon first, you'll receive part of the loser's jackpot (in proportion to amount of your bet) along with your bet.

Other rules:
- The bet amount is in GNC (GreenCoin). GNC is a virtual currency that defines your share in jackpot.
- When one of coins reaches the moon, the market bursts and coin market caps get reseted
- If neither of coins manage to reach the moon in 2880 blocks (~12 hours), the moon level halves
- If one of coins does reach the moon within 2880 blocks (~12 hours), the moon level doubles
- The 3.8% commission is charged on betting. If you own at least one 2C1M Discount token, the commission is 0%
- When you bet on a coin which has low market cap (compared to the moon level), you get to receive the "Early Adopter Bonus". The earlier you bet, the bigger your bonus is.

The rules are written in form of an ethereum smart contract: https://etherscan.io/address/0x718f1892987a871fbe81462597e6dcd2900e127f#code

To start playing, install/log into Metamask and visit 2coins1moon.com

[joblessminer]

Pretty accurate simulation of current state of crypto, actually.

[Shoesouse]

How much can I win if I bet on the right one? Say I put 1 ETH on it?

[dzkrb1966]

And you can write more in detail about the level of the moon? But it is not at all clear what are we talking about? And what does the moon have to do with it?

[celestio]

And you can write more in detail about the level of the moon? But it is not at all clear what are we talking about? And what does the moon have to do with it?

Is it related to how many transactions are done on that blockchain?

[NamoCoin]

Since you can see the Ethereum smart contract, that makes this pretty much open source then right?

[Shoesouse]

That's pretty cool that you guys already have a functional product. Is it only on the testnet now or what?

[earthcoin]

Just finished whitepaper. Can you let me know why there is no information about the country you’re based in? Or am I just blind?

[2l84aa]

How many different coins are there to bet on?

[kimchimik]

How much can I win if I bet on the right one? Say I put 1 ETH on it?

It depends on a few factors:

1. When you bet in regards of (market cap) / (moon level) ratio. The earlier you bet, the more your "Early Adopter Bonus" is. This bonus makes your final bet larger. For instance, now the ratio is 0.96 / 8 = 12%. According to the table 2coins1moon.com/#adopter-bonus-table, this means that your 1 ETH will be converted to 3 GNC.

2. Share of your bet in the final market cap of the coin you bet on. Let's assume that the final market cap (when the moon level is reached) is 10 GNC. Then you get to receive 30% of the jackpot.

3. The size of loser's coin jackpot. So if it's 5 ETH, for instance, then you'll win 1.5 ETH (30% of 5 ETH) plus you get to receive your initial bet (1 ETH) minus the 3.8% comission. But if you own at least one discount token, you don't pay any commission. Also you can increase the size of your bet by owning 2 and more discount tokens (see this table for details: 2coins1moon.com/#insider-bonus-table)

[Shoesouse]

How much can I win if I bet on the right one? Say I put 1 ETH on it?

It depends on a few factors:

1. When you bet in regards of (market cap) / (moon level) ratio. The earlier you bet, the more your "Early Adopter Bonus" is. This bonus makes your final bet larger. For instance, now the ratio is 0.96 / 8 = 12%. According to the table 2coins1moon.com/#adopter-bonus-table, this means that your 1 ETH will be converted to 3 GNC.

2. Share of your bet in the final market cap of the coin you bet on. Let's assume that the final market cap (when the moon level is reached) is 10 GNC. Then you get to receive 30% of the jackpot.

3. The size of loser's coin jackpot. So if it's 5 ETH, for instance, then you'll win 1.5 ETH (30% of 5 ETH) plus you get to receive your initial bet (1 ETH) minus the 3.8% comission. But if you own at least one discount token, you don't pay any commission. Also you can increase the size of your bet by owning 2 and more discount tokens (see this table for details: 2coins1moon.com/#insider-bonus-table)

I really like this, thanks for explaining it in easy to understand terms!

The game actually sums up what crypto looks like today!

[okspam]

I only wish you had tokens that paid out a portion of your fees, I'd pay big for that because I think this project is really going places.

[MarkThief]

Great idea. RedCoin for the win!

[deeltje]

Very interesting platform. Is there a minimum to bet?

[kimchimik]

Very interesting platform. Is there a minimum to bet?

Yes. The minimum bet is 0.1 ETH.

[kimchimik]

I only wish you had tokens that paid out a portion of your fees, I'd pay big for that because I think this project is really going places.

Thanks. We might release such tokens in future.

Right now you can buy the discount token, see its description here: 2coins1moon.com/#buy-discount-token
It's an ERC-20 token with a fixed supply. It gives the owner certain advantages in the game such as the privilege of not paying fees and extra bonuses. 

[kimchimik]

And you can write more in detail about the level of the moon? But it is not at all clear what are we talking about? And what does the moon have to do with it?

Is it related to how many transactions are done on that blockchain?

Yes, the moon level depends on activity in the game and is defined by the two rules:

1. If neither of coins manage to reach the moon in 2880 blocks (~12 hours), the moon level halves
2. If one of coins does reach the moon within 2880 blocks (~12 hours), the moon level doubles

[kimchimik]

How many different coins are there to bet on?

As the name says there are only two coins you can bet on.

There's also internal virtual currency called GNC. It's only utility is to show how big market caps of these two coins are. 

[kimchimik]

That's pretty cool that you guys already have a functional product. Is it only on the testnet now or what?

It's mainnet so you can start playing with it right now.

[kimchimik]

Since you can see the Ethereum smart contract, that makes this pretty much open source then right?

That's correct. You can check out the code here: etherscan.io/address/0xa6a7911d94eed6e68222c7dd3369acf0911ef562#code