BattleDromeAnnouncing the ICO of FAME Tokens for BattleDrome!ICO To Open July 1st! (Canada Day Launch!)Website: www.battledrome.io Quick Stats:- Token Symbol: FAM
- Token Name: FAME
- ICO Start: Block #3960000(approximately July 1st depending on blocktimes)
- ICO Duration: 190,000 Blocks (approximately 35 days depending on blocktimes)
- ICO Funds Accepted: Only ETH. Directly to ICO Contract
- ICO Price: 100 FAME per ETH
- ICO Minimum Goal: 500 ETH Raised
- ICO Ceiling: 20,000 ETH Raised
- ICO Pre-Sale: None, 100% of tokens are part of ICO sale
- ICO Developer Share: Only 5%! At end of ICO 5% extra tokens issued (based on what sold) this goes to Developers.
- Escrow: YES! Provided by monbux
- Staged Release of Funds: YES! Tied to milestones during development cycles, and controlled by Escrow provider
- Full Transparency: YES! Via accounting for budget and expenditures through escrow on public google sheet
What is BattleDrome?BattleDrome is a platform/ecosystem for gaming which is built on top of a decentralized Battle Arena, allowing anyone to create a Warrior: an entity which exists on the Ethereum Network, which can be traded, trained, equipped, and entered into events to do battle with other Warriors for fun and profit!
Much like their roman gladiator predecessors, Warriors gain experience over time which they use to gain in skill and combat prowess. Warriors gain FAME throughout their career, a portion of which is transferred to their owner each time.
Events are regularly scheduled, by the community in a decentralized way, and have rules (number of warriors, skill level limitations, etc). Anyone may choose to enter their warriors during the "Registration Period". Following this period the "Wager Period" begins, allowing spectators to place wagers on the outcome of the event.
During both the registration and wager period, sponsors may choose to contribute some riches to be won by the victor of the event, in exchange for advertising during the event.
Perhaps now is a good time to mention that we intend for the events themselves to be a spectacle, visual, and animated, allowing the battle to unfold to spectators as you cheer on those who you've wagered on (and heckle those you've wagered against).
As the warriors battle, using the skills and equipment that their owner has helped them to gain (And the experience they've gained from previous battles), they may defeat other warriors. In this case a portion of the FAME held by the defeated warrior is taken by the one who bested them.
If at any time only a single warrior is left standing, they are victorious! Taking a large amount of FAME as a prize!
At any time an owner may retire their warrior, taking all the FAME of that warrior for themselves! But this warrior may never participate again, requiring them to start training a new warrior if they wish to continue to compete in events!
In addition, BattleDrome is a platform. Supporting the future development of additional activities, and extensions on what Warriors can do. Fancy team based battles? Or PvE Dungeons? Customizable AI which let you change strategy/behavior of your warrior? Etc, all of this is possible on top of the BattleDrome platform, and all powered by FAME!
What is FAME?FAME is the ERC20 Token that powers the BattleDrome platform.
FAME is the heart of the BattleDrome Ecosystem. Much like the ancient Colosseum of Rome, FAME is the currency that all owners/patrons are vying for, it's what the crew/workers manning the arena are hoping to earn, it's what the warriors take from one another through skillful combat, and it's what those wishing to garner attention, and market their wares use to advertise.
BattleDrome was designed from the ground up to be a multi-faceted platform to encourage the demand for FAME, while providing an enjoyable entertainment experience regardless of your pleasure.
From a technical perspective FAME will be a fully ERC20 compliant token, which will be issued once, with limited supply, no further FAME can be minted after the ICO. The currency also supports "burning" (permanent destruction of FAME tokens) which will be how we destroy un-sold tokens at the end of the ICO. As a result, over time, scarcity of the resource will increase.
There will be an absolute maximum of 2.1 Million FAME minted (2 Million max ICO goal + 5% for Dev Team) during the ICO, however the actual final amount in circulation will vary based on the success of the ICO.
What is the proposed Development Timeframe?Here is the timeline from the website FAQ section.
Each of these milestones (Alpha, Beta, Full Release) is tied to gradual funds release by the Escrow once milestone has been achieved and confirmed.
Who is the team behind this?The team is made up of 3 founding members. With the intent to hire/expand the team post-ICO depending on amount of funding raised. We have full capability to complete the promised goals with the 3 founding members, however by growing the team if higher funding goals are achieved, we can deliver more value. For example a more visually stunning engine, or additional features for initial release.
Paul Mumby: Founder & Lead DeveloperPaul (also known as Glasswalker on these forums) has been involved in the crypto ecosystem for a long time. He is also a life-long engineer, with extensive experience ranging from hardware design, robotics engineering, and software development. Currently the CTO of a rapidly growing reactive software development, and big data consulting firm, he has the previous experience, knowledge and skills to drive this project to success.
Jeff Warford: Co-Founder & DeveloperA longtime blockchain enthusiast, Jeff is an experienced Systems Architect, with a background in Linux system administration and backend web development. He now specializes in the design and architecture of web-oriented PaaS products.
Ian Anstey: Co-Founder & Systems Admin/TesterIan is an experienced systems integrator and architect with zeal for blockchain development and applications. With a strong background in administration and deployment testing, he is currently a linux and virtualization integration specialist and consultant.
Why should I participate?- We feel we have a strong market position (see below)
- Proof of concept completed, ready to push towards alpha/beta release very quickly
- Full Transparency
- Opportunities for FAME holders to vote (using their FAME balance) on dev decisions/features
- Low target goal
- Reasonably low ceiling
- Responsible limits on budgets
- Full Escrow with staged release of funds, protecting backers investment
- Very small developer retention of tokens
- No Pre-mining or pre-sale of tokens
- Future expansion already planned for ecosystem well beyond initial full release (further expanding value of tokens)
Significant market research done before the launch of this ICO reveals that we are in a sweet-spot for gaming:- Gaming industry heavily favoring games which allow creation of "pets" which are built up to compete
- Crypto-currency wagering growing rapidly, exceeding 890Million BTC wagered in 2016
- Gaming with "limited control of risk" extremely popular (games where the "player" controls an "avatar" who the player controls outside of the actual game, but during the game the player looses direct control. Examples of this model include the original gladiatorial games, and modern (though apalling and un-appealing) versions such as cock-fights and dog-fights)
- MMORPG gaming ecosystem created the third party market for digital items and "trading" of players
- We have combined all of these elements into a clean, safe, and fun gaming platform which is expandable, and supports a robust financial economy driven by the cycle of funds from adverising, logistics, participation, and wagering
How can I participate in the ICO?- ICO Contract will contral all contributions.
- Designed to be quick and simple, and protect backers from risk!
- Simply send funds to ICO contract address from your Ethereum Wallet
- When ICO is complete, execute the payMe method on the ICO contract
- If ICO was successful, you get your tokens immediately!
- If ICO did not reach minimum goal, you get back all your Ether!
- Process with tutorial to be posted to website soon
- ICO Contract to be deployed very soon, at which time source code will be released open-source
- ICO DApp to be released in-time for ICO Start date July 1st
We plan to make this quick and easy via the DApp, but also not reliant on a complex process in case backers had unsupported browsers, wanted to use web based wallets, or hardware wallets, to conduct the transactions. This keeps it simple and flexible.
The combination of the ICO Contract, with pre-deployed Tokens, and the Escrow, creates a very safe, strictly controlled ICO, which minimizes risk to backers/investors.
Please watch the main website at http://www.battledrome.io
Or our blog at https://medium.com/@BattleDrome
for updates on the ICO process, and for news!