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Topic: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions - page 426. (Read 406984 times)

legendary
Activity: 1764
Merit: 1000
and how does the token get its value? is there profit sharing? share buyback? or just trade value?
Buyback and burn. And as the coin becomes adopted by more and more gamers demand will increase.

perhaps I missed it, but where is this mentioned?
newbie
Activity: 17
Merit: 0
Nice project from trusted devs team. I will be following the project.  Smiley
full member
Activity: 292
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
what is the BTC rate (or ETH, USD whatever you will use) and estimated total buyback time of these tokens ?
Value of one mobilego equals the total amount invested by the supply of 100 million. And buyback will happen quarterly, with the goal of buying back on a daily or weekly basis as the store grows in popularity.

What is the rate of the buyback? if say 1BTC will give 1000 tokens, you will buy it back for how much ? what is the actual ROI potential for holders this is what I'm asking, if you buy back at the same rate the ICO was sold, then why should people invest ?

Obviously it's a supply/demand scenario and they can't just force people to sell their tokens at a fixed rate.

Still ICO with no fix rate/coin. How will we now they will not manipulate the demand with this?

Do not get me wrong I think this project is very interesting but with the ICO that we dont know how much coins we will get is, hard for me to buy in big.

 

legendary
Activity: 3038
Merit: 6194
Meh.
what is the BTC rate (or ETH, USD whatever you will use) and estimated total buyback time of these tokens ?
Value of one mobilego equals the total amount invested by the supply of 100 million. And buyback will happen quarterly, with the goal of buying back on a daily or weekly basis as the store grows in popularity.

What is the rate of the buyback? if say 1BTC will give 1000 tokens, you will buy it back for how much ? what is the actual ROI potential for holders this is what I'm asking, if you buy back at the same rate the ICO was sold, then why should people invest ?

Obviously it's a supply/demand scenario and they can't just force people to sell their tokens at a fixed rate.
hero member
Activity: 908
Merit: 503
what is the BTC rate (or ETH, USD whatever you will use) and estimated total buyback time of these tokens ?
Value of one mobilego equals the total amount invested by the supply of 100 million. And buyback will happen quarterly, with the goal of buying back on a daily or weekly basis as the store grows in popularity.

What is the rate of the buyback? if say 1BTC will give 1000 tokens, you will buy it back for how much ? what is the actual ROI potential for holders this is what I'm asking, if you buy back at the same rate the ICO was sold, then why should people invest ?
hero member
Activity: 1162
Merit: 568
The ICO has no a maximum cap. I don't have a good feeling about it.
 Angry
Why don't you fix an ICO rate and a cap like others?

The early investors will get loss by the late huge flow, which may dilute their shares.
full member
Activity: 292
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
hmm ICO, Gamecredits on MobileGo but also MobileGo Coins how will this work?

I am interested to invest, but the thing that I dont like is that you should give us an offer how much coin we get from every 1BTC we invest instead of letting us know the total amount afterwards, then it can be manipulated.

legendary
Activity: 1526
Merit: 1034
In preparation for the MobileGO ICO, would it be best to move my GAME I'm planning on spending off of Poloniex? Will it be cumbersome (or impossible) to receive my Mobile if I send payments through an exchange address?
sr. member
Activity: 630
Merit: 252
what is the BTC rate (or ETH, USD whatever you will use) and estimated total buyback time of these tokens ?
Value of one mobilego equals the total amount invested by the supply of 100 million. And buyback will happen quarterly, with the goal of buying back on a daily or weekly basis as the store grows in popularity.
hero member
Activity: 908
Merit: 503
what is the BTC rate (or ETH, USD whatever you will use) and estimated total buyback time of these tokens ?
sr. member
Activity: 630
Merit: 252
Dev, at what price will you peg the contributions? Will you only calculate the amount at the end of ICO? For example now, BTC is rising @1200 USD, and at the end of ICO if will be say 1500 USD - will the price be calculated against the price of BTC at the end or you take a mean average?
We calculate based on the time you invest. If you invest 1000$ worth of BTC, you will get 1000$ worth of MobileGo.
sr. member
Activity: 457
Merit: 250
Generation Blockchain.
Dev, at what price will you peg the contributions? Will you only calculate the amount at the end of ICO? For example now, BTC is rising @1200 USD, and at the end of ICO if will be say 1500 USD - will the price be calculated against the price of BTC at the end or you take a mean average?
hero member
Activity: 658
Merit: 500
GameCredit sold 1 week ago. Embarrassed
 He regretted it very much. I have forgotten the mobile game . I bought it again.
I can save the damage from ICO.  Grin
full member
Activity: 232
Merit: 100
Rubic stays cubic
I understand the idea that MobileGo is aiming to bring gamers by offering new features to GameCredits store. However I would like to ask how investing in this ICO will bring the profit to investors? Namely GameCredits will be the only currency accepted to buy games and pay for the ingame content that's indicates the price of GC to go up if the project succed. But What will make the MobileGo price to go up?Running Smart contracts they support? If running smart contracts will be expensive that will not attract gamers, so MobileGo supposed to stay cheap.

I am thinking of buying some, but reading this post it looks like mobilego is used to get money to boost gamecredits? Is the goal to boost gamecredits? How long in future does it take for demand to grow in mobilego? It looks like a long time and that gamecredits is actually the coin to buy into.
Well this isn't true.

MobileGo is used for three main smart contract based gaming technologies. A peer to peer virtual item marketplace, player run wager tournaments, and player to player wager matchplay. These are billion dollar industries in the PC gaming world, but no solution for the mobile industry exists.

However, MobileGo demand will increase quite quickly. 10% of all profit from the gamecredits mobile store goes to buying back and burning MobileGo. The decreasing supply and added demand when the gaming technologies launch will certainly effect its price quicker than you think. The more money raised, the more gamers to the store through intense marketing, more gamers means more revenue which is then used to buy and destroy mobilego from investors.

Please watch this short video for an understanding of how MobileGo and GAME exist symbiotically: https://www.youtube.com/watch?v=a_saWJKtOS8&t

Ok thanks for the explanation.
sr. member
Activity: 630
Merit: 252
I understand the idea that MobileGo is aiming to bring gamers by offering new features to GameCredits store. However I would like to ask how investing in this ICO will bring the profit to investors? Namely GameCredits will be the only currency accepted to buy games and pay for the ingame content that's indicates the price of GC to go up if the project succed. But What will make the MobileGo price to go up?Running Smart contracts they support? If running smart contracts will be expensive that will not attract gamers, so MobileGo supposed to stay cheap.

I am thinking of buying some, but reading this post it looks like mobilego is used to get money to boost gamecredits? Is the goal to boost gamecredits? How long in future does it take for demand to grow in mobilego? It looks like a long time and that gamecredits is actually the coin to buy into.
Well this isn't true.

MobileGo is used for three main smart contract based gaming technologies. A peer to peer virtual item marketplace, player run wager tournaments, and player to player wager matchplay. These are billion dollar industries in the PC gaming world, but no solution for the mobile industry exists.

However, MobileGo demand will increase quite quickly. 10% of all profit from the gamecredits mobile store goes to buying back and burning MobileGo. The decreasing supply and added demand when the gaming technologies launch will certainly effect its price quicker than you think. The more money raised, the more gamers to the store through intense marketing, more gamers means more revenue which is then used to buy and destroy mobilego from investors.

Please watch this short video for an understanding of how MobileGo and GAME exist symbiotically: https://www.youtube.com/watch?v=a_saWJKtOS8&t
full member
Activity: 232
Merit: 100
Rubic stays cubic
I understand the idea that MobileGo is aiming to bring gamers by offering new features to GameCredits store. However I would like to ask how investing in this ICO will bring the profit to investors? Namely GameCredits will be the only currency accepted to buy games and pay for the ingame content that's indicates the price of GC to go up if the project succed. But What will make the MobileGo price to go up?Running Smart contracts they support? If running smart contracts will be expensive that will not attract gamers, so MobileGo supposed to stay cheap.

I am thinking of buying some, but reading this post it looks like mobilego is used to get money to boost gamecredits? Is the goal to boost gamecredits? How long in future does it take for demand to grow in mobilego? It looks like a long time and that gamecredits is actually the coin to buy into.
sr. member
Activity: 1666
Merit: 267
Earn bitcoins every hour, link below at signature.
Any bounty for Social campaign?
sr. member
Activity: 630
Merit: 252
I have to give a phone number to register on this store!??
Yes you do. We have this feature so users can text the application to their phone from a computer. It also lets us see where users are from around the world. We need to know because every country has different laws and regulations.

do this mean i cant use proxies?  Undecided
As long as you input your phone number you'll be fine Smiley
sr. member
Activity: 477
Merit: 250
I have to give a phone number to register on this store!??
Yes you do. We have this feature so users can text the application to their phone from a computer. It also lets us see where users are from around the world. We need to know because every country has different laws and regulations.

do this mean i cant use proxies?  Undecided
hero member
Activity: 532
Merit: 500
Just bought some GameCredits on Bittrex so I can be ready for the first day of the ICO. Congratulations to the team for all the hard work you've done to prepare for the ICO launch. I'm impressed with all I've seen.
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