Topic: [ANN] Crypto-Collider: The Worlds First Bitcoin Gaming / Trading Hybrid (Read 10110 times)

+ PHYSICS  BASED WITH SKILL ELEMENT

The game is a 2D physics world with vertical gravity, wagers (coins) are dropped/thrown in at the top and collide with each other and obstacles until they settle into a hole at the bottom that determines their result.

There is no 'house edge' because players are wagering against each other, not the house. The game generates revenue as a service fee of 5% on all the coins that are redistributed via winnings.  

The physics are governed by open source client side software that creates an environment that is arguably more transparent and less hostile than traditional purely price based trading (and a lot more fun!).

In this way Crypto Collider is analogous to 'the-trading-game' / regular trading but with the laws of physics in place of order books and price discovery. Trading profitability is determined by accurately predicting (and prehaps influencing) price changes within the market environment while "Colliding" profitability is determined by accurately predicting and influencing the simulated physical results within the game environment.

+ CLIENT-SIDE CONFIRMATIONS

Inspired by the model and ideology of Bitcoin itself
Crypto Collider introduces the worlds first 'GameChain'
Client Based Confirmation of Gaming Results!

Crypto-Collider uses an open source client-side physics engine to confirm game results and visualises the resulting 'GameChain' into the exciting new game and type of trading / hedging service.

In the same way that Bitcoin brings new opportunities for fairness, transparency and all the generous benefits decentralisation to the banking and finance industry; Crypto-Collider, through the GameChain, seeks to bring this same level of genuine fundamental change to the gaming, trading and gambling industries.

The impact of client-side confirmations and complete transparency of game activity, over time and once prove successful with this first example, can not be underestimated without risking appearing as foolish as those who originally underestimated Bitcoin and the internet itself.

Power to and from the people is what its all about and makes it work; empowered and educated is the future for all Crypto-Currency and Crypto Collider supporters.

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+ A NEW WAY TO LEVERAGE

Off-load or accumulate coins without affecting their price!

That's right because the game is based on the laws of physics instead of market prices, it provides a way to move into or out of coins without being exposed to order book slippage or affecting their price!

It's a common and logical strategy for players to wager larger amounts of coins while their price is in decline as a complete or partial alternative to trading out of them (a.k.a dumping). Using this strategy players are assured to eventually off-load (i.e. lose 100%) of the coin they no longer want while likely accumulating winnings in a variety of other coins based on the current value of the depreciating coin without further encouraging that devaluation.

The winning players receiving these 'dumping' wagers as winnings may then quickly trade those winnings anyway but as the game strives to support only legitimate long term investments that should be expected to recover, the percentage of players using the game as a hedging service will likely hold all winnings and thus increasing the price stabilizing influence of the the collider system on the coins that it supports.  

+ GET PAID TO PLAY

Top 10 Players Receive 18% of All Game Fees!

That's right in the spirit of decentralisation, innovation and community benefit paid every week, the top ten players by points receive a total of 18% of all game fees for the previous week in the following breakdown:

1st - 4.5%
2nd - 3.6%
3rd - 2.7%
4th - 1.8%
5th to 10th - 0.9%

Seamlessly integrated within the Collider Coin system these payouts are provided by the internal allocation of Collider Coin to ten placeholder accounts for each of the top ten spots. Because of this the redistribution of revenue back into the system and its players is easily adjusted over time in a transparent and accountable process (i.e. top ten pay % may change slowly over time but revenue distribution will always be fully transparent and verifiable).


Your points and position on the ladder can by viewed via the 'Leader Board' panel once logged in. The ladder data is updated with each new game confirmed. Each game confirmation also awards one point to the confirming user and this is why confirming (watching) games has value and reward in it.

+ AN ALTERNATIVE TO TRADING

Bitcoin's great, but what can you do with it besides buy and sell?

Its a common experience for a person to discover Bitcoin and the greater decentralised idealogy and become inspired by its technology and potential for positive change. Motivated to be involved in the new economy, they then come to own their very own Bitcoin and of course the question presents itself... what can I do with it now?

Everyday this changes, but as completely new and innovative global monetary system, there's not much more you can do with crypto, than just buy or sell... So many people who come into crypto inspired by its humanitarian potential then find themselves in a hostile trading environment that is modeled on existing markets and dominated and manipulated by miners and those who have spent decades mastering their trading skills in otherwise unrelated but similarly hostile and volatile unregulated trading markets.

Combined with the accelerated pace of the industry evolution, the task of successfully navigating the Bitcoin and Alt-Coin trading environment can only be described as incredibly difficult and high risk.

Crypto Collider by the way that it works and the coins it chooses to support, aims to serve as far less risky and more enjoyable alternative to trading for those who are interested in crypto trading/hedging but are without the time, inclination, skills or experience to avoid its obvious and significant dangers.

+ SEMI-RANDOMISED HEDGING
Because Crypto Collider also works as a hedging device,
Its still possible to win even if most of your wagers are lost!

This scenario is actually a common and intentional side-effect of the Crypto Collider system as a players profitability and strategy is not only determined by their wagers value and trajectory but also its coin type and game selection - i.e. choose the right coins to wager in the right games and it almost won't matter what percentage of losses you have as long as its not all of them.

Essentially to use Collider as a semi-random hedging service, players should wager many times in small units repeated steadily over time in the coin they wish to hedge out of - because when you are not in a rush its a wise strategy to spread your wagers over as many games as possible
to even out the high variability of outcomes within individual games.

This is in contrast to the player who wants to use the Collider system as an alternative to dumping/trading out of their coins who needs to do so in a much more immediate strategy - their results will be much less predictable although much more immediate (which could be preferable if the coin in question experiences a steep decline in the time it would take to make more wagers of smaller units over more games).

+ FUN, FAIR, BALLS TO WALLS ACTION!

Yes its a new type of financial service
And Yes its a serious business

But it's also a Game, its also really FUN!

Jump right into a Collider game with a giant smashing take no prisoners biggest balls bonus and watch all the punny competitors whimper and succumb to your impressive ball power!

But the question remains... are you actually going to?

 Do you really have the biggest balls?

SECURITY
+ Crypto Collider benefits from all the existing security features of the leading exchanges that it integreates for coin storage and blockchain transversal.

+ All game data is transparent and withdrawals always for 100% of your balance in that coin; your coins are safe and really here!

+ Account details are secured via a completely custom and unique multi-server multi-signature security and audit system.

+ Crypto Collider continually monitors all user account balances with regular 30 second audits and halts immediately should any problems be found.

+ All user communication with the Cypto Collider server is secured via SSL AND a custom user key encryption system, you can not be easily impersonated even in the case of a full SSL breach.

+ All user login and password data is stored as irreversible hash values

+ Coins are split into separate accounts for risk reduction and performance benefit


+ Supplying your email address is optional and only required for certain features like game updates and notifications

+ The fast and reliable delivery of data is secured from Denial-Of-Service attacks via a global content delivery system that includes multiple high bandwidth servers in every continent.

RULES AND SETUP
Four different results are currently possible

- Lose 100% = All of this wager is redistributed to winning wagers
- Lose 50% = Half of this wager is redistributed to winning wagers
- Draw = The wager is returned to the user, essentially a 'do-over'
- Win = The wager is returned to the user and additionally its proportion of all lost wagers are distributed to this user relative to the wagers value in BTC to all winning wagers in BTC (ie. if you had 50% of the total btc value that fell into winning hold, you would get 50% of the wagers lost into the losing holes).

+ Each game contains 45 Wagers

+ Each Wager is a volume of a single coin type, represented by that coin's logo. There is a minimum wager value for each coin type, there is no maximum.

+ Players use the mouse (or finger in tablet version) to determine the coin's/wager's entry speed, position and spin.

+ Each Wager's Weight or Mass inside the 2D physics simulation is proportionate to its estimated value at that time. This is very important as it means larger wagers will be 'heavier', less influenced by smaller / lighter wagers and more predictable to their original entry trajectory.

+ Wagers enter the game in sequence every 10 frames in the same order they where received by the server. Each frame is .04 of a second within the physics simulation.

+ Once a game has 45 wagers it becomes 'closed' and goes into 'confirmation mode' where all the wagers results are calculated locally on each players machine (WIndows Only) and then returned to the server

+ To prevent a game ever running for too much time; on frame 2000 the 'flippers' are spun and gravity doubled, and then from frame 3000 onwards gravity increases again and all remaining coins have friction set to zero.

+ Once a game is in 'confirmation mode' and has received a pre-requisite of identical game results (they should ALL be identical unless there's a problem); the game is confirmed, put into
history and results paid.

+ Game fees are 5% of any lost wagers (approx ~1% averaged over all test wagers to date)

+ Crypto-Collider is an experimental service that is offered as is with no pre-condition or liability to damages as a result of its use.

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Coins used in game (more to come) :

Bitcoin
Litecoin
Reddcoin
BitcoinDark
RazorCoin
DarkCoin
Blackcoin
Primecoin   
DogeCoin
MaxCoin
Vertcoin
Startcoin
PeerCoin
Nubits
WorldCoin
NameCoin
------------------------------------------------------------------------------COLLIDERCOIN ------------------------------------------------------------------------

Collider Coins are the core product of the game that weaves the whole system together and provides it's cryptogenic backing through instant per-game payouts.There are 1 million Collider Coins; each one representing an equal and fixed share (0.0001%) of gross fees collected from each Collider game (~1.5%), paid instantly every game confirmed. They will be tradable and also played in-game as a strategic tool in versions of the game 1.5+, add 'weight' to your feedback in polls and provide access to extra features and status levels.   Up to 50,000 Collider Coins (~5% of the total) are available now for 0.0045 btc each.Once the first release is sold another 50,000 Collider Coin will be made available at 0.009 btc or greater and the content of Version 2.0 - The 'Ultimate Feature' will be announced.No further release is planned at this time

CURRENT DISTRIBUTION OF COLLIDERCOINS

180,000 - Reserved for Server Running Cost & Challenges Rewards
180,000 - Total Reserved for Top Players Payouts
340,200 - ColliderCoin Lead Developer / Game Runner / Admin
180,000 - ColliderCoin Second in Charge / Customer Support / Human Resources
19,800 - ColliderCoin Seed Investors (Friends & Family)
50,000 - Reserved for Distribution Within Game and Open Market
50,000 - ON OFFER NOW


Trading revenues and Crypto-Collider gaming revenues are likely to be complementary while also never directly competing (ie. both aren't likely to peak in volume simultaneously) and this provides an excellent hedging opportunity between these two different types of service/user activity. This is demonstrated by player activity so far is a direct counter-balancing relationship where traders who traded into coins they no longer want are more likely to play them into Crypto-Collider and coins won in Crypto-Collider that those players don't want are obviously sold and go back into trading.

Crypto-Collider is designed as an alternative to trading that can attach to and expand the established exchange model with positive side-effects for any exchange it integrates with, especially in the case that integration is exclusive. The game can operate tightly integrated with a single superior exchange, independently of all exchanges or any combination in-between.

This is an incredibly powerful and unique advantage that potentially hedges Crypto-Collider across the entire crypto industry, or as much or as little of it as required to achieve the balanced growth and targets outlined below.

The average total Crypto-Collider game fee percentage is variable based on player behaviour, game features and design so far demonstrated in the range from ~1% to ~1.8%.


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IMPORTANT REMINDER ON DEPOSITS

If you deposit from a source that charges a withdrawal fee, make sure to add the fee before withdrawing.

I.E.  If your user ID is 117 and you are depositing  30.54 coins.  The total deposit must look like 30.54000117.  If the exchange charges a fee of 0.00200000 and the exchange charges on top of the total then your withdrawal will look total will be 30.53800117  making your ID appear to the system as ID 800117.

So simply put, just make sure the total is exactly the last 6 decimals to match your player ID.

Updates on Targets, Dates, Mobile version, Challenges and Phases coming soon!

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CHANGELOG:

10-14-14

1.0.2

-Free chat for new players
-Chat retitled 'Lobby'
-Lobby tip + kick System
-Lobby message meta data on hover
-Custom player colour for level 2+ players
-Android icon graphic added
-Add Start Coin

10-03-2014

1.0.1
 
- Android back button connect to nav button
- Android background graphics fix
- Android performance improvements
- Non-Windows replay data download progress feedback
- Chat struck bug fix
- Oversize Coin amounts fix & other minor visual fixes
- Add week cycle end time to pending bonus table
- Add "Final Game Of The Week" notification to game when this is true (like for jackpot games)
- Removed '~USD' from coin tables (need room for more coins)
- Updated top ten payout ladder columns
- Enabled third-party cookies no longer required
- Add Active Coins to home page
- Add mute button
- Add Vertcoin VTC

1.27

- New Bonus "Biggest Balls Of the Week Holder" wins at least 20 Bonus Points for each game they hold the Biggest Balls of the Week
- Faster Games! The throw limit is now reduced gradually for each minute the game is active to create a minimum of 18 throws within 45 minutes
- First Entry, Last Laugh and Double Header bonus points all increased and based on game total value
- Pending Deposits now appear in account panel while they are being confirmed
- Background is now animated (while not watching videos) plus many minor fixes and performance improvements


Collider Coin mining difficulty (cost to purchase with game points) will be increased and connected to the current GameID at the completion of Game 2000. From Game 2000 forward the mining difficulty will be dynamically proportional to the most recent GameID so points can be exchanged for Collider Coins (when available) at a ratio of the GameID divided by 10. This means by Game 2070 Collider Coins will cost 207 points each, by Game 3600 360 points each etc.

Come get some Collider Coin and more points while we're still under game 2000 and preparing for iStore and special feature release with next major update V1.3!