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jaybny (OP)
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April 16, 2014, 02:05:35 AM Last edit: December 06, 2018, 09:50:48 PM by jaybny |
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hodl
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CoinHeavy
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May 09, 2014, 05:49:51 PM |
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This is going to be big.
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miffman
Legendary
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Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
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May 09, 2014, 06:34:39 PM |
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Something new!! Looks exciting. When is the released going to happen?
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jaybny (OP)
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June 17, 2014, 05:52:24 AM |
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Something new!! Looks exciting. When is the released going to happen?
by Sept 1.
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21st-century
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Activity: 12
Merit: 0
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June 17, 2014, 06:18:37 AM |
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This is truly crazy, I mean literally insane. I can't tell if this is a troll or not. "By using a proof-of-skill block-chain, the network is ultimately controlled by the most skilled and knowledgeable fantasy football players."
"Satoshi fantasy will enable buying and selling a players fantasy season pro- duction with fantasybits. Fantsybits are acquired by accurately projecting weekly fantasy point results."
"The value of fantasybits come from the fact that they are scarce, difficult to acquire, and are needed for buying and selling players."
Almost like reading the Bitcoin white paper for the first time: I have more questions then answers. I'll be keeping a close eye on this. And great work. It is good to see original innovation occurring in the Bitcoin space. So often we see rehashes (sha256?) of the same old ideas. This looks completely new and very inventive.
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jaybny (OP)
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June 17, 2014, 06:36:46 AM |
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This is truly crazy, I mean literally insane. I can't tell if this is a troll or not.
no troll Almost like reading the Bitcoin white paper for the first time: I have more questions then answers.
ask away. I'll be keeping a close eye on this. And great work. It is good to see original innovation occurring in the Bitcoin space. So often we see rehashes (sha256?) of the same old ideas. This looks completely new and very inventive.
ty
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paythrough_team
Newbie
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Activity: 56
Merit: 0
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June 17, 2014, 08:23:36 AM |
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The White Paper can not seem to browse
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klee
Legendary
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Activity: 1498
Merit: 1000
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August 20, 2014, 07:08:47 PM |
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So how do we obtain the coins? Not sure I understand..
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jaybny (OP)
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August 20, 2014, 07:13:07 PM |
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fantasybits are obtained by making weekly fantasy football projections instead of mining.
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klee
Legendary
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Activity: 1498
Merit: 1000
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August 20, 2014, 07:13:52 PM |
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by making weekly fantasy football projections
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jaybny (OP)
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August 21, 2014, 12:33:58 AM |
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by making weekly fantasy football projections
its a game where you chose players in the professional American football league. its legal because its a game of skill (by law). its pretty popular here in the US. its the new poker
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cloverme
Legendary
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Activity: 1512
Merit: 1057
SpacePirate.io
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August 21, 2014, 12:13:18 PM |
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Slightly confused about the bergstake/breakoutcoin thing, is that an alt-coin that you're trying to bring in wrapped around this game or something else? Also, is your project the engine around the coin mining process, the game, or both?
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jaybny (OP)
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August 21, 2014, 04:52:42 PM Last edit: December 06, 2018, 09:51:40 PM by jaybny |
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Two separate block-chain projects:
1) Satoshi Fantasy / FantasybitSatoshi Fantasy is a block-chain based fantasy football prediction market. Fantasybit is the coin within the Satoshi Fantasy blockchain. Fantasybit uses a new and unique "Proof-of-Skill" block-chain. US law explicitly defines fantasy sports as skill, and is not considered gambling. It is 100% is legal. Fantasybits are a monetization of a fantasy football players skill in predicting future outcomes. The Satoshi Fantasy whitepaper describes the use of Distributed Engineered Autonomous (DEA) Agents. This is an experimental decentralized distributed autonomous protocol, and is designed to grow organically. http://satoshifantasy.com/media/satoshifantasy.pdfhttp://fantasybit.com/introducing-fantasybits/https://twitter.com/satoshifantasy2) Breakoutcoin Breakoutcoin (BRO) is a new alt-coin currently in development, it is a funded project. Keep an eye out for announcement thread for BRO. sign up for info at http://breakoutgaming.com/
Bergstake is a new proof-of-stake algorithm, it is a generalization of "Proof-of-Skill". (This is the only overlap between between Breakoutcoin and Fantsybits. ). Bergstake is also a block-chain based asset with value. Holders of bergstake have rights to sign future blocks. Its similar to a stock option.
"Breakoutcoin with Bergstake" means that breakoutcoin is a hybrid POW/POS coin, with bergstake used instead of coins (or coin-age) for the POS phase. see http://satoshifantasy.com/breakoutcoin-with-bergstake/
https://twitter.com/breakoutgaming
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QuarantinedMoon
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August 21, 2014, 06:44:55 PM |
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How many people are in the Fantasybits community... I admit I'm intrigued.
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jaybny (OP)
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August 21, 2014, 07:20:57 PM |
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How many people are in the Fantasybits community... I admit I'm intrigued.
only a handful, its a work in progress. to join just tweet : "#fantasyfootball @satoshifantasy" , and your twitter id with be your fantasyname. I am trying to get something ready for kickoff Sept 3. Currently there are a couple of issues. 1) fantasy players in general are not ready to manage their own id/key with wallet software. solution is a central web-site. 2) there is no cost to joining, so to prevent bot/sybil attack, a "tweet of proof" is required. currently working on a wallet and also looking for help for central website. may offer a bountry for website. http://fantasybit.com/media/WebSiteSpecifications.pdfwill have more info shortly.
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RCHumphrey
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August 21, 2014, 10:26:07 PM |
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This is a shame, I thought it was Football as in Premier League "soccer" which would be realllllly cool.
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jaybny (OP)
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August 23, 2014, 06:28:20 PM |
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This is a shame, I thought it was Football as in Premier League "soccer" which would be realllllly cool.
go ahead, define the protocol.
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DRK
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August 23, 2014, 07:43:20 PM |
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Is a Premier League (football) one possible? This seems really quite different so not sure how it actually works but would be really interested in setting something up.
A possible use would be free bets at a gambling site which would provide financing for it (just a thought)
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jaybny (OP)
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August 23, 2014, 07:49:23 PM |
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fyi... this project works great for American Football due to specific US federal laws regarding fantasy football... however.. Is a Premier League (football) one possible? This seems really quite different so not sure how it actually works but would be really interested in setting something up.
is there a notion of projecting how many goals / assists / blocks an individual Futball player scores? are there any "fantasy" Futball leagues? http://en.wikipedia.org/wiki/Fantasy_sportif yes, then its the same, and it can be done. A possible use would be free bets at a gambling site which would provide financing for it (just a thought)
go get the financing!
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