[ANN] Spells of Genesis - Innovating the Game Economy with BitCrystals (BCY)

[buy4crypto]

With a volume under 100 btc / day that means if a btc is burnt everyday you have 1% being bought / destroyed that will have a net positive effect on the price.

Let's use a recent day Sept 5. 14 bitcoin traded hands. 1 BTC of that was bought and burned on that day according to the August burn report average. That is 7.14% of all the bought coins on that day being burned. This is a huge number. I imagine as we gain awareness this number will become increasingly smaller. As we grow though this will alleviate price pressure while giving SoG funds to continue to develop and grow our product into more revenue streams.

[sumbitcoin]

Just something to think about for long term of this project. Every card sold makes the current BCY held more valuable.

Calculating the deflation to see how beneficiary this may be to the price going forward from launch has got me all excited! And from quickly looking at the numbers only about 1/3 of all BCY are currently in float to be traded.


Last month over 17k USD in card sales sent to the burn address but what does this really mean?

That means that people purchased 34k worth of bitcoin (@$600 USD each) putting 56.67 bitcoin buy pressure on the BCY crystals while only returning half of that to the market to be reabsorbed. That's right. Last month about 28 bitcoins or roughly a bitcoin a day was burned through the sale of card assets. No other coin I know of offers a burn that makes more sense to the investors and company itself.


I can only see card value / demand increasing once the game is live and people are using them to play in a multitude of games using the assets they bought through a secure digital wallet. Love how they drive daily engagement in SoG game launch with leader boards, daily quests, pvp, ect ect!!!

Every day a card is sold and BCY crystals burn increasing the value of the rest of the BCY in circulation.


Thoughts?

I agree! Props to the devs. i have been hodling since 10-11ksat and not selling anytime soon. I see this project as going abit under the radar, and very undervalued.  So months later and see the success; eventhough it hasnt even started; is very nice! preview of whats to come

100% Agree. Super undervalued coin. This thing belongs 50-80 mill market cap easy. Only day traders or short term go in and out. I' want the project to succeed and EDS make many more games. Followed project awhile back and no way I'm selling. Game is not even out yet!!! Wait until they start to market this sucker and sign up with All4games UK I expect lots of news and newcomers.


Cool Article!!


https://news.bitcoin.com/spells-genesis-mainstream-success/

[reggiesells]

I have BitCrystals on an exchange wallet and would like to remove them. how do i go about this? I can't find a link for your wallet client anywhere.

[buy4crypto]

I have BitCrystals on an exchange wallet and would like to remove them. how do i go about this? I can't find a link for your wallet client anywhere.

BCY is built on top of the counterparty wallet.

You can transfer your BCY crystals, XCP, and BTC all to your main wallet address.

Once any assets go into your XCP wallet you will need bitcoin to pay miners fees to do transactions. Just a heads up.

[sumbitcoin]

I have BitCrystals on an exchange wallet and would like to remove them. how do i go about this? I can't find a link for your wallet client anywhere.

BCY is built on top of the counterparty wallet.

You can transfer your BCY crystals, XCP, and BTC all to your main wallet address.

Once any assets go into your XCP wallet you will need bitcoin to pay miners fees to do transactions. Just a heads up.

For mobile you have "indiesquare"

It's available on iOS and Android

[buy4crypto]

I have BitCrystals on an exchange wallet and would like to remove them. how do i go about this? I can't find a link for your wallet client anywhere.

The counter party wallets are cool. Once your assets are tied to your wallet then all you do is put your wallet address into the game you are playing and your compatible assets are uploaded to the new game!

[coin@coin]

BCY have been going up a bit yesterday and it's been noted! 

BitCrystals hits all-time high, as Spells of Genesis nears release

[buy4crypto]

BCY have been going up a bit yesterday and it's been noted! 

BitCrystals hits all-time high, as Spells of Genesis nears release

Very cool. Bitcoin went up in price keeping us in the 50k range... Support is building nicely!!

[sumbitcoin]

BCY have been going up a bit yesterday and it's been noted! 

BitCrystals hits all-time high, as Spells of Genesis nears release

Very cool. Bitcoin went up in price keeping us in the 50k range... Support is building nicely!!

I cannot read Japanese but I think they are saying TO THE MOOON!!!


http://cryptocurrencymagazine.com/bitcrystals-price-watch

[buy4crypto]

BCY have been going up a bit yesterday and it's been noted! 

BitCrystals hits all-time high, as Spells of Genesis nears release

Very cool. Bitcoin went up in price keeping us in the 50k range... Support is building nicely!!

I cannot read Japanese but I think they are saying TO THE MOOON!!!


http://cryptocurrencymagazine.com/bitcrystals-price-watch

Looking at the chart provides relief to just hold. It tempted to break through previous ath. The test was rejected but we have a chance to build higher lows and get ready for a new leg up. It is tough to watch the swings sometimes realizing how fast this moves.... But holding this in a few weeks will be a very good feeling.

[buy4crypto]

BCY have been going up a bit yesterday and it's been noted! 

BitCrystals hits all-time high, as Spells of Genesis nears release

Very cool. Bitcoin went up in price keeping us in the 50k range... Support is building nicely!!

I cannot read Japanese but I think they are saying TO THE MOOON!!!


http://cryptocurrencymagazine.com/bitcrystals-price-watch

We seem to be holding 50k well. Better than our previous attempts. Sellers will run out and when the next rush of buying happens will be nobody left who hasn't sold who wanted to. Which should help us attain a higher price when breaking through.

[sumbitcoin]

BCY have been going up a bit yesterday and it's been noted! 

BitCrystals hits all-time high, as Spells of Genesis nears release

Very cool. Bitcoin went up in price keeping us in the 50k range... Support is building nicely!!

I cannot read Japanese but I think they are saying TO THE MOOON!!!


http://cryptocurrencymagazine.com/bitcrystals-price-watch

We seem to be holding 50k well. Better than our previous attempts. Sellers will run out and when the next rush of buying happens will be nobody left who hasn't sold who wanted to. Which should help us attain a higher price when breaking through.

The Big Wave has not arrived yet. I think once more new adopters come, game release, press coverage and the game is public. We will see an Explosion. FoW fans will look at SoG as well. Still Very Very Early in my mind. Very Exciting road ahead for everyone.

[buy4crypto]

BCY have been going up a bit yesterday and it's been noted! 

BitCrystals hits all-time high, as Spells of Genesis nears release

Very cool. Bitcoin went up in price keeping us in the 50k range... Support is building nicely!!

I cannot read Japanese but I think they are saying TO THE MOOON!!!


http://cryptocurrencymagazine.com/bitcrystals-price-watch

We seem to be holding 50k well. Better than our previous attempts. Sellers will run out and when the next rush of buying happens will be nobody left who hasn't sold who wanted to. Which should help us attain a higher price when breaking through.

The Big Wave has not arrived yet. I think once more new adopters come, game release, press coverage and the game is public. We will see an Explosion. FoW fans will look at SoG as well. Still Very Very Early in my mind. Very Exciting road ahead for everyone.

Agree with you on that. Patience has never been my strong suit so waiting this out is torture! lol. On a side note, it's allowed me to get more funds forBCY. So it's been working out

[.m.]

BCY is +25 % on Polo with volume over 250 BTC placed 16th.

[buy4crypto]

BCY is +25 % on Polo with volume over 250 BTC placed 16th.

Trying to hold 50k it looks like. Doing a much better time this go around then a week ago or so. The days of 30k satoshi look to be over. We may flirt with 40k satoshi range for a bit... But the momentum shows we go up before long and the upcoming releases support this happening.

[randombit]

Is any new cooperation with Foldingcoin planned? or why is FLDC skyrocking?.

By the way, realy nice how BCY is doing. Iam very confident to see 100k sat in 2 weeks or less.

[heunland]

Is any new cooperation with Foldingcoin planned? or why is FLDC skyrocking?

Cooperation is already on-going. See the video from the Foldingcoin hangout where we had Shaban as a guest announcing the recommencement of merged folding of the MAGICFLDC asset.

https://www.youtube.com/watch?v=uXUrjU9og0E

If you would like to participate yourself and earn yourself some FLDC as well as MAGICFLDC, and help find cures for diseases like Alzheimer and Parkinson, please see instructions on how to get started on

http://foldingcoin.net/resources/video-tutorials/

[Piston Honda]

nice work devs, very good progress and solid books
as usual whales will play but the price seems to only be looking up now and even in future
love the burn aspect

glad i was buying up back in may/june!

[coin@coin]

Great SoG mention on this Innocoin interview article by Bitcoinist.

Innocoin Co-Founder Talks Details on Crypto Trading Service

[buy4crypto]

Spells of Genesis publisher proposal: All4Games

Dear SoG supporters, Today we have some very exciting news to share with the community and we need your feedback. We previously mentioned we are in discussion with All4Games, they are a new videogame branch from the television broadcast company Channel 4, one of the biggest TV network in the UK. It’s a half private and half public British firm. They reached out to us to endorse the role of publisher for Spells of Genesis. Publishers in the gaming industry are responsible for product development and marketing, including market research and all aspects of advertising. They usually have more money and more reach than developers. They usually have big marketing budgets and/or a broad network to push the product. In our case All4Games are not committing to invest money directly in customer acquisition but will be offering their communications channels which have a lot of reach, especially to the “non-bitcoin”, mainstream gaming community. All4Games is pretty new to the game publishing business but they succeeded to have one of their games, Super Arc Lite, featured by Apple which is the holy grail of visibility. Publishers usually play a big role in the revenue making of a game. The terms of their participation are on a revenue share model and details are as follows for the game income and the deriving product income: 15% on net revenues from £0 - £100,000 (incl) 20% on net revenues from £100,000 - £200,000 (incl) 25% on net revenues from £200,000 and above Taking the above in consideration, EDS (us) will have to share up to 25% of the revenue. Seen that we burn 50% of the BCY income, once we join this new deal, we will have 12.5% less burn. We want to ask you the following question: “Should we accept the deal and collaborate with All4Games, who will become our publisher?” Our take on this We recommend to vote yes for the following reasons: Their revenue share is very reasonable, publishers usually take 30 to 50% They commit to translate the game in several languages, this will give the game a broader reach The fact that a public television network publishes a blockchain-based game will give unbelievably good press to Spells of Genesis and blockchain projects as a whole. We have been amazed and pleased at the same time by the support received by the community and the many testers that are currently helping us out. However, for SoG to be successful we cannot rely on bitcoiners and cryptocurrency enthusiasts alone, this opportunity will allow us to grow our user base by making Spells of Genesis known to a much wider audience. We believe this will be of great benefit to us as well as our Token Sale supporters and partners. How to vote Your Token Sale BCY address has received an asset called “SOGVOTEPUB”. This asset will serve as a ballot paper. We have created two addresses where you can send this asset: If you want to reply “YES” to the question stated above, please send your SOGVOTEPUB to: 1LC1q733F2NadKq2gHicLd9KNz9vtuENSj If your reply to the question above is “NO”, please send your SOGVOTEPUB to: 18X1A4pri4sRmXPJubUmeS9SWM85ivT2oM Voting starts at 6pm on Tuesday, April 19th (CEST) and will end 48 hours later at 6pm on Thursday, April 21st (CEST). A massive thank you for the continued support to each and every single one of you. We are happy to have you with us, Shaban Shaame EverdreamSoft CEO

Was just reading back some and this is pretty cool! Any developments since?