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

kimchimik

newbie

Activity: 10

Merit: 0

Quote from: Shoesouse on October 08, 2018, 01:01:13 PM

Quote from: kimchimik on October 08, 2018, 07:00:35 AM

Quote from: Shoesouse on October 06, 2018, 10:15:45 PM

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.

Whoa, this is so cool. How long did it take you to make this??

A few months approximately.

BlitzandBitz

full member

Activity: 248

Merit: 100

BlueCoin all in!

kazzy

member

Activity: 150

Merit: 10

How many people do you have working on this?

xoof

newbie

Activity: 127

Merit: 0

Good idea in my opinion. How do the fees compare to other betting platforms?

Shoesouse

jr. member

Activity: 164

Merit: 1

Quote from: kimchimik on October 08, 2018, 07:00:35 AM

Quote from: Shoesouse on October 06, 2018, 10:15:45 PM

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.

Whoa, this is so cool. How long did it take you to make this??

kimchimik

newbie

Activity: 10

Merit: 0

Quote from: joblessminer on October 05, 2018, 02:04:27 PM

Pretty accurate simulation of current state of crypto, actually.

I'm glad you liked it.

kimchimik

newbie

Activity: 10

Merit: 0

Quote from: NamoCoin on October 06, 2018, 10:11:09 PM

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

kimchimik

newbie

Activity: 10

Merit: 0

Quote from: Shoesouse on October 06, 2018, 10:15:45 PM

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

newbie

Activity: 10

Merit: 0

Quote from: 2l84aa on October 07, 2018, 12:31:45 AM

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

newbie

Activity: 10

Merit: 0

Quote from: celestio on October 05, 2018, 03:08:55 PM

Quote from: dzkrb1966 on October 05, 2018, 02:44:46 PM

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

newbie

Activity: 10

Merit: 0

Quote from: okspam on October 07, 2018, 11:41:35 AM

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

newbie

Activity: 10

Merit: 0

Quote from: deeltje on October 07, 2018, 11:59:46 AM

Very interesting platform. Is there a minimum to bet?

Yes. The minimum bet is 0.1 ETH.

deeltje

full member

Activity: 486

Merit: 101

Very interesting platform. Is there a minimum to bet?

MarkThief

newbie

Activity: 193

Merit: 0

Great idea. RedCoin for the win!

okspam

member

Activity: 392

Merit: 10

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.

Shoesouse

jr. member

Activity: 164

Merit: 1

Quote from: kimchimik on October 07, 2018, 06:07:12 AM

Quote from: Shoesouse on October 05, 2018, 02:17:05 PM

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!

kimchimik

newbie

Activity: 10

Merit: 0

Quote from: Shoesouse on October 05, 2018, 02:17:05 PM

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)

2l84aa

member

Activity: 185

Merit: 10

How many different coins are there to bet on?

earthcoin

sr. member

Activity: 756

Merit: 250

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?

Shoesouse

jr. member

Activity: 164

Merit: 1

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

Topic: [ANN] 🌚 2coins1moon - a crypto market simulation game (Read 311 times)