Mrboot (OP)
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December 05, 2018, 01:48:52 PM |
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The virtual real estate space (or land parcels) are like the domain names of the platform and the portal to the games. Thats how we create a true virtual reality world and make it super excited.
You buy a piece of land with the $CYBR token and deploy your game on it. Your land piece also will have a value cause you truely own it as a token.
Ok, seems I understand now. So people will be able to create a game in every virtual-reality city or on any planet? You can buidl games in both actually, but cause the mainland space is limited and it will be hard to get a big space, also its more expensive so it makes more sense to use the mainland as portal and keep all use-cases close to each other and make the planet to buidl the games and experiences. A webshop for example will be easier in the mainland.
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Mrboot (OP)
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December 05, 2018, 01:49:41 PM |
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So, what will happen to the unsold tokens, will they be burned or frozen for some time period?
Burned, but lets hope this doesnt happen ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We want everyone to get the same value so we dont have any Pre Investors/ico just one simple ICO. We made a huge cost already with having lawyers and we are taking a risk with this, but we believe this will be great longterm and the most fair option. It's a good thing to burn the unsold tokens if there will be any to ensure the transparency. I hope this situation doesn't arrive. Thats why we will burn them, just we hope we will hit the max. cap although the times are not ideal for launching an ICO.
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matjas
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December 05, 2018, 03:23:40 PM |
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Burned, but lets hope this doesnt happen ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We want everyone to get the same value so we dont have any Pre Investors/ico just one simple ICO. We made a huge cost already with having lawyers and we are taking a risk with this, but we believe this will be great longterm and the most fair option. It's a good thing to burn the unsold tokens if there will be any to ensure the transparency. I hope this situation doesn't arrive. Thats why we will burn them, just we hope we will hit the max. cap although the times are not ideal for launching an ICO. Even with the low ETH value, your hardcap is still quite high for the current crypto situation so i think you will unfortunately need to burn some tokens, which wont be the worst thing. If luck will be on our side in 2019, now ETH could have the lowest value.
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Mrboot (OP)
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December 05, 2018, 03:33:45 PM |
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Burned, but lets hope this doesnt happen ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We want everyone to get the same value so we dont have any Pre Investors/ico just one simple ICO. We made a huge cost already with having lawyers and we are taking a risk with this, but we believe this will be great longterm and the most fair option. It's a good thing to burn the unsold tokens if there will be any to ensure the transparency. I hope this situation doesn't arrive. Thats why we will burn them, just we hope we will hit the max. cap although the times are not ideal for launching an ICO. Even with the low ETH value, your hardcap is still quite high for the current crypto situation so i think you will unfortunately need to burn some tokens, which wont be the worst thing. If luck will be on our side in 2019, now ETH could have the lowest value. Yea the minimum cap is at least needed to make the product great, everything after will going fully in the ecosystem and adoption rate. Eventually i think investors get a good deal on both situations. Reach minimum cap they own more % Reach max. cap the ecosystem will get more promotion and probably a faster adoption. But both ways we are going to make a awesome product that can grow for years.
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king_of_alts
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December 05, 2018, 04:12:39 PM |
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Yea the minimum cap is at least needed to make the product great, everything after will going fully in the ecosystem and adoption rate. Eventually i think investors get a good deal on both situations.
Reach minimum cap they own more % Reach max. cap the ecosystem will get more promotion and probably a faster adoption.
But both ways we are going to make a awesome product that can grow for years.
A big hard cap is fine if it completely will be used for the tasks you mentioned. Promotion could be key in 2019.
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sge99
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December 05, 2018, 04:14:37 PM |
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I see that according to your roadmap the token sale was orginally planned for Q4 2018 but has been obviously postponed. Have you already set a new date for ICO?
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Mrboot (OP)
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December 05, 2018, 04:15:54 PM |
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Yea the minimum cap is at least needed to make the product great, everything after will going fully in the ecosystem and adoption rate. Eventually i think investors get a good deal on both situations.
Reach minimum cap they own more % Reach max. cap the ecosystem will get more promotion and probably a faster adoption.
But both ways we are going to make a awesome product that can grow for years.
A big hard cap is fine if it completely will be used for the tasks you mentioned. Promotion could be key in 2019. Our funds will be used 100% for the project, we're going to be really open about our financial positions and keep the community updated. The foundation funds will be also based on voting from the community.
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Mrboot (OP)
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December 05, 2018, 04:21:17 PM |
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I see that according to your roadmap the token sale was orginally planned for Q4 2018 but has been obviously postponed. Have you already set a new date for ICO?
Yes we already set a new date and till then we are just gonna continu with the development. tonight the team will agree on updates of the roadmap and we will update the community as soon as possible. The market at this moment is full of fear and depression that's the reason we think launching the ICO now will be a problem, like we said before we dont do any angel investment round or pre-ico we want to allow everyone to get the same value. Thats why the ICO round should be done right and rushing is never a good thing.
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mandibleclaw
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December 05, 2018, 06:21:08 PM |
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The virtual real estate space (or land parcels) are like the domain names of the platform and the portal to the games. Thats how we create a true virtual reality world and make it super excited.
You buy a piece of land with the $CYBR token and deploy your game on it. Your land piece also will have a value cause you truely own it as a token.
Ok, seems I understand now. So people will be able to create a game in every virtual-reality city or on any planet? You can buidl games in both actually, but cause the mainland space is limited and it will be hard to get a big space, also its more expensive so it makes more sense to use the mainland as portal and keep all use-cases close to each other and make the planet to buidl the games and experiences. A webshop for example will be easier in the mainland. This kind of project is perfect to build a real virtual universe. Did you see ready player one? It will be wonderful if someday we will see something similar to that !
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MandatoryOption
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December 05, 2018, 06:58:59 PM |
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I see that according to your roadmap the token sale was orginally planned for Q4 2018 but has been obviously postponed. Have you already set a new date for ICO?
Yes we already set a new date and till then we are just gonna continu with the development. tonight the team will agree on updates of the roadmap and we will update the community as soon as possible. The market at this moment is full of fear and depression that's the reason we think launching the ICO now will be a problem, like we said before we dont do any angel investment round or pre-ico we want to allow everyone to get the same value. Thats why the ICO round should be done right and rushing is never a good thing. I can totally understand that you decided to postpone your ICO. Right now, it's just really hard to get the desired funding. I just hope that the mood is much better when you actually have your sale.
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o48o
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December 05, 2018, 11:03:55 PM |
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How much would buying own planet cost in this project? Or are the planets going to be shared with other participants?
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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bitcoin-shark
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 05, 2018, 11:10:29 PM |
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So, what will happen to the unsold tokens, will they be burned or frozen for some time period?
Burned, but lets hope this doesnt happen ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We want everyone to get the same value so we dont have any Pre Investors/ico just one simple ICO. We made a huge cost already with having lawyers and we are taking a risk with this, but we believe this will be great longterm and the most fair option. It's a good thing to burn the unsold tokens if there will be any to ensure the transparency. I hope this situation doesn't arrive. so any unsold tokens will be burned, hopefully it will not happen and they will all be sold (reach hard cap) so there will be no pre-ico and various stages of the ico but a single one with the same bonus from start to finish seems fair towards investors and perhaps the best fundraising strategy...
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niklasmato
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December 05, 2018, 11:14:02 PM |
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Yea the minimum cap is at least needed to make the product great, everything after will going fully in the ecosystem and adoption rate. Eventually i think investors get a good deal on both situations.
Reach minimum cap they own more % Reach max. cap the ecosystem will get more promotion and probably a faster adoption.
But both ways we are going to make a awesome product that can grow for years.
A big hard cap is fine if it completely will be used for the tasks you mentioned. Promotion could be key in 2019. Our funds will be used 100% for the project, we're going to be really open about our financial positions and keep the community updated. The foundation funds will be also based on voting from the community. Good to read that a very seniour member is answering on all the questions. 2019 will be the year that crypto goes very much up or goes totally down..
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Rigorous
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December 05, 2018, 11:48:48 PM |
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Also we are working on onchain voting for a governance system, but this we want to decide with the community like a constitution (experimental atm)
Has on-chain voting ever worked out well? Looking at past attempts it seems more trouble than good. Not just because it can and will be gamed, but also because it is a hassle that gets in the way of user experience. Put another way: has the lack of democracy in a virtual world ever hurt the experience?
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tudor_simion
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December 06, 2018, 01:12:57 AM |
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I see that according to your roadmap the token sale was orginally planned for Q4 2018 but has been obviously postponed. Have you already set a new date for ICO?
Yes we already set a new date and till then we are just gonna continu with the development. tonight the team will agree on updates of the roadmap and we will update the community as soon as possible. The market at this moment is full of fear and depression that's the reason we think launching the ICO now will be a problem, like we said before we dont do any angel investment round or pre-ico we want to allow everyone to get the same value. Thats why the ICO round should be done right and rushing is never a good thing. Do I understand right, that Pre ICO will not be held? Just ICO with four different phases of bonuses each week differently? Quite difficult to reach CAP in such a short time. but hopefully everything will go well and the market will return so the world is not so skeptical about investing.
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Makkara
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December 06, 2018, 09:02:35 AM |
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Also we are working on onchain voting for a governance system, but this we want to decide with the community like a constitution (experimental atm)
Has on-chain voting ever worked out well? Looking at past attempts it seems more trouble than good. Not just because it can and will be gamed, but also because it is a hassle that gets in the way of user experience. Put another way: has the lack of democracy in a virtual world ever hurt the experience? I think the trick is not letting the community vote on matter which could lead to big disasters eventually, or hurt the community itself. Otherwise i don't see anything wrong with it.
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omwibya
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December 06, 2018, 10:40:43 AM |
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Also we are working on onchain voting for a governance system, but this we want to decide with the community like a constitution (experimental atm)
Has on-chain voting ever worked out well? Looking at past attempts it seems more trouble than good. Not just because it can and will be gamed, but also because it is a hassle that gets in the way of user experience. Put another way: has the lack of democracy in a virtual world ever hurt the experience? I think the trick is not letting the community vote on matter which could lead to big disasters eventually, or hurt the community itself. Otherwise i don't see anything wrong with it. there's no need for actual voting, people vote with their dollars so if a project is doing right it will be worth more.
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Frank37
Sr. Member
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December 06, 2018, 10:59:10 AM |
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Also we are working on onchain voting for a governance system, but this we want to decide with the community like a constitution (experimental atm)
Has on-chain voting ever worked out well? Looking at past attempts it seems more trouble than good. Not just because it can and will be gamed, but also because it is a hassle that gets in the way of user experience. Put another way: has the lack of democracy in a virtual world ever hurt the experience? I think the trick is not letting the community vote on matter which could lead to big disasters eventually, or hurt the community itself. Otherwise i don't see anything wrong with it. there's no need for actual voting, people vote with their dollars so if a project is doing right it will be worth more. At the moment not, but in the future voting about upcoming decisions can be very good and can motivate the community to become a part of the project. I am not sure about Rigorous objection, but he could also be right with the statement, that voting from the masses also can go in a wrong direction. Its a little bit risky to give the power to the community, but its worth a trial. I think the masses will have the power in the future (decentralization). Lets hope that swarm will have enough intelligence to go into the right direction.
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pynetx
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December 06, 2018, 12:54:50 PM |
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Is this an Erc20 token and will remain on the ethereum chain or are there any plans to develop and move to own blockchain in future?
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Mrboot (OP)
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December 06, 2018, 03:36:02 PM |
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The virtual real estate space (or land parcels) are like the domain names of the platform and the portal to the games. Thats how we create a true virtual reality world and make it super excited.
You buy a piece of land with the $CYBR token and deploy your game on it. Your land piece also will have a value cause you truely own it as a token.
Ok, seems I understand now. So people will be able to create a game in every virtual-reality city or on any planet? You can buidl games in both actually, but cause the mainland space is limited and it will be hard to get a big space, also its more expensive so it makes more sense to use the mainland as portal and keep all use-cases close to each other and make the planet to buidl the games and experiences. A webshop for example will be easier in the mainland. This kind of project is perfect to build a real virtual universe. Did you see ready player one? It will be wonderful if someday we will see something similar to that ! Love that movie big inspiration for us! also nice to see this video about it https://www.youtube.com/watch?v=PfeVH2bbzlw , cool to see in how serieus details they worked Legendary really!
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