How do I make a crypto coin? Icreated a Virtual Reality Survival Horror game

[Digital Drug Lord]

I would like to incorporate a crypto coin to my game and pay people running dedicated servers with it.


which is the best coin or algorithm for this?

[Digital Drug Lord]

I forgot to mention since I live in the US I would need an "environmentally friendly" coin


proof of work coins will soon be outlawed because of the pollution they cause so I would like to get maybe a proof of stake coin, or something that does not require a GPU to mine, trying to make this future proof

[mk4]

Not sure why you'd want a cryptocurrency with no other use at all(unless you're creating some sort of memecoin here), but you're going to want to create a token, not a coin. It'll be totally up to you, but you're better off going with the SPL or BEP20 standard; definitely not ERC20.

[Aanuoluwatofunmi]

As you already have been advised, you can choose to create a token and not a coin in this, also know all the required technicalities in doing so and the financial demands one will require to fulfil before he can establish creating one, just as we can view from the most performing currencies are those with higher market capitalization, so you may have to think about this if you're capable or will look in for collaboration in launching for such.

read more on this https://cointelegraph.com/learn/a-step-by-step-beginners-guide-to-creating-your-first-cryptocurrency-token

[Digital Drug Lord]

Not sure why you'd want a cryptocurrency with no other use at all(unless you're creating some sort of memecoin here), but you're going to want to create a token, not a coin. It'll be totally up to you, but you're better off going with the SPL or BEP20 standard; definitely not ERC20.

not a meme coin, its a coin to run dedicated servers.

for example, the cost of running a dedicated server is expensive, But these days people have fiber optics with 300 up and 300 down and can go higher, the coin will be backed by the actual virtual reality multiplayer game, so its backed by an actual product you can play and has replay value

its also a PC game , and a mobile game, so everyone can play together its not just a virtual reality game, its cross platform

[Digital Drug Lord]

As you already have been advised, you can choose to create a token and not a coin in this, also know all the required technicalities in doing so and the financial demands one will require to fulfil before he can establish creating one, just as we can view from the most performing currencies are those with higher market capitalization, so you may have to think about this if you're capable or will look in for collaboration in launching for such.

read more on this https://cointelegraph.com/learn/a-step-by-step-beginners-guide-to-creating-your-first-cryptocurrency-token

I think I would need a proof of stake, the stake being the time running the server without interruptions

Can tokens also be proof of stakes?

 

[FatFork]

As you already have been advised, you can choose to create a token and not a coin in this, also know all the required technicalities in doing so and the financial demands one will require to fulfil before he can establish creating one, just as we can view from the most performing currencies are those with higher market capitalization, so you may have to think about this if you're capable or will look in for collaboration in launching for such.

read more on this https://cointelegraph.com/learn/a-step-by-step-beginners-guide-to-creating-your-first-cryptocurrency-token

I think I would need a proof of stake, the stake being the time running the server without interruptions

Can tokens also be proof of stakes?

Yes. Tokens can certainly play a role in a Proof-of-Stake (PoS) system.  In fact, that's a very common model for how PoS blockchains operate - by using native tokens to facilitate consensus and verification.

So you're planning to make a completely decentralized virtual world?  Well, That's an ambitious goal with many complex  technical challenges.  However, before diving deep into tokens and protocols, it may be wise to start by nailing down the core game design economics, and incentive structures first.  Get those key elements right in a way that supports player-driven economies and community ownership.  Once that foundation feels sturdy, then layer on decentralized solutions like tokens and coins that can enhance the gaming experience and community building. That makes more sense to me at least.  But in the end, it will still take bold experimentation and likely some trial and error to achieve something so cutting-edge.

[mk4]

not a meme coin, its a coin to run dedicated servers.

for example, the cost of running a dedicated server is expensive, But these days people have fiber optics with 300 up and 300 down and can go higher, the coin will be backed by the actual virtual reality multiplayer game, so its backed by an actual product you can play and has replay value

its also a PC game , and a mobile game, so everyone can play together its not just a virtual reality game, its cross platform

How can a pc/mobile game be "backed" by a cryptocurrency? Games that integrate crypto have tokens that have value because these games have economies and are multiplayer. A VR survival horror game, on the other hand, I don't know how a token would be useful in this case.

[batang_bitcoin]

I would like to incorporate a crypto coin to my game and pay people running dedicated servers with it.


which is the best coin or algorithm for this?

Why not just make it a fun game without having the motivation of people that they'll just play it because there's sort of token that they can get from it? Well, I am not hater but it's actually a good integration when there are tokens that you can get as a reward when you play a game. But in the past, we all have seen these NFT games that have been motivational to many gamers but then it has ended up when the hype is done and the active players become lesser.

[Digital Drug Lord]

not a meme coin, its a coin to run dedicated servers.

for example, the cost of running a dedicated server is expensive, But these days people have fiber optics with 300 up and 300 down and can go higher, the coin will be backed by the actual virtual reality multiplayer game, so its backed by an actual product you can play and has replay value

its also a PC game , and a mobile game, so everyone can play together its not just a virtual reality game, its cross platform

How can a pc/mobile game be "backed" by a cryptocurrency? Games that integrate crypto have tokens that have value because these games have economies and are multiplayer. A VR survival horror game, on the other hand, I don't know how a token would be useful in this case.

while I DO have the option to "host" games, I also would like dedicated servers as they are more secure and less chances of cheating. Also dedicated servers run better

the game itself is just a game, how ever the coin will be backed by the game, meaning, if someone buys a coin, they also get the game

https://streamable.com/g14z0a

I would need a coin that tracked for example, how long the server has been up  and running, how much Players are there. The idea is to set up my own dedicated servers all around the world, so I wont be at the mercy of amazon and those other big names.\

I can have a cloth system, weapon system, those things are later on, I am more interested in algorithms and what new tech is out there in the crypto world, its takes a lot of time and research . For example, proof of stake is when you stay online and collect coins, I need people to run my server (stay online) and get paid.

[Digital Drug Lord]

I would like to incorporate a crypto coin to my game and pay people running dedicated servers with it.


which is the best coin or algorithm for this?

Why not just make it a fun game without having the motivation of people that they'll just play it because there's sort of token that they can get from it? Well, I am not hater but it's actually a good integration when there are tokens that you can get as a reward when you play a game. But in the past, we all have seen these NFT games that have been motivational to many gamers but then it has ended up when the hype is done and the active players become lesser.

I need to be able to pay people for running my dedicated server, People out in russia would like to set up servers and play but it would lag to much if I run it in the US, and or if I host it on my PC and vice versa

there will be LAG

to avoid this, I could set up a dedicated server in the region so the players wont lag

or else if I release the game it will get bad reviews because of the lag I cant have 1 server in the US with people from russia, brazil and china playing

https://streamable.com/g14z0a

and I would like to do the crypto coin thing before I go that route.  At least with my coin or what ever I do, there is an actual product. Having a crypto coin backed by a game is an interesting concept, and since the game is ready for a beta release it would be nice to release it and see if it can grow organically