Author

Topic: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions - page 443. (Read 406984 times)

member
Activity: 112
Merit: 10
Why in table signature bounty not counted avatar stake multiplier?
newbie
Activity: 1
Merit: 0
This is a really interesting project but I'm a bit confused.

Why the two coins?

Is it only because of the smart contracts needed for the MGO use cases?

If I'm a mobile gamer I need to use GAME credits to purchase a mobile game and to make in-game transactions but I need to use MGO to purchase virtual items? That seems confusing.

Can anyone help me understand the benefit of two coins here? Anyone else think this will cause confusion for users?
hero member
Activity: 543
Merit: 502
Few questions about some points in your white paper....

Quote
This mobile platform currently has over 300 games from 150 developers
scheduled for its initial launch. We estimate that this platform will have over
1000 games available for play sometime in mid to late 2017. Names of
these games and developers will be released beginning no later than
March 2017.

Have the names of the developers been released yet?

Quote
Discounts will be available for first day crowd sale participants

Any info on discounts? Will there be any?

Quote
Our platform will take 10% commission on all game and in-game revenue.

How much of that 10% will be paid to MobileGO token holders as dividends?
legendary
Activity: 2156
Merit: 1070

I have a question on this

MobileGo will have fixed supply. Its revenues will be returned to investors in the form of buybacks at regular intervals

Does it means some kind of dividends as fees, what does buyback mean here?
If I understand your question correctly:

Buyback just means using a portion of the revenue attained from the mobile store (from the sale of games and in-game items) to buy and burn tokens from investors.



It's a way of delivering revenues to holders without paying a dividend, which would be problematic for the company and many investors due to securities regulations.

In that case,US exchanges may not list the token due to dividends which causes security issues,am i right?

Other tokens that have buy backs are listed on US exchanges. Buy backs are not dividends, but how close they are to dividends is still up to debate as there is no precedent law on the topic.
sr. member
Activity: 630
Merit: 252
It that a Wave Token?
MobileGo is a dual blockchain token that uses both Waves and Etheruem.
legendary
Activity: 1855
Merit: 1016
newbie
Activity: 18
Merit: 0
In case anyone here is interested. MobileGo has a telegram group!

https://t.me/mobilego
Join the telegram group thanks for the link
legendary
Activity: 945
Merit: 1003

I have a question on this

MobileGo will have fixed supply. Its revenues will be returned to investors in the form of buybacks at regular intervals

Does it means some kind of dividends as fees, what does buyback mean here?
If I understand your question correctly:

Buyback just means using a portion of the revenue attained from the mobile store (from the sale of games and in-game items) to buy and burn tokens from investors.



It's a way of delivering revenues to holders without paying a dividend, which would be problematic for the company and many investors due to securities regulations.

In that case,US exchanges may not list the token due to dividends which causes security issues,am i right?
member
Activity: 106
Merit: 10

Ok, I have just read 22 pages of posts Smiley. Had all my questions answered BUT it raised one question.

I am very interested in investing in the MobileGo crowd funding. As many on here before me, I too am not a gamer but only interested in investing. My question is kinda simple concerning the buy back for a profit and then burning the coin when it relates to the coin being listed on Poloniex or other exchanges. Of course everyone will expect the price to rise on the exchanges.

BUT what incentive IF any will the original crowd funding investor have over selling the MobileGo coin back or rather just sell them directly over the exchanges ?

It seems like there should be some incentive to the investor in the crowd funding IF they still own the original coins to be able to sell for a higher profit. Again, this was not an original question but it came up after reading all the posts, neither is it a deal breaker to invest.

As a personal note, I would like to mention that the support here was very professional and informative.
Thanks
Well it just depends on the investor. The buyback dates are going to be announced ahead of time. So that will likely give people time to decide whether or not they would like to trade, or wait for the buyback. Many people will likely trade up until the buyback, and then demand will rise as many people hold.

Thanks, Jack Smiley
sr. member
Activity: 630
Merit: 252
Project looks very nice. I think I am going to invest!

It is better at this stage to invest in the Gamecredits. They will definitely grow to the start of the campaign.
Well. You could definitely do both. There will be discounts investing in MobileGo with GameCredits. You'll hear more on the discount schedule this week.
sr. member
Activity: 441
Merit: 250
Project looks very nice. I think I am going to invest!

It is better at this stage to invest in the Gamecredits. They will definitely grow to the start of the campaign.
sr. member
Activity: 355
Merit: 250
Project looks very nice. I think I am going to invest!
legendary
Activity: 1188
Merit: 1001
yeah that and other factor made a lot of holders hungry for BTC
i hope will be clearer to everyone still selling

MobileGo blog post, 'The ‘Dilution’ Misconception'

Read the post here: https://mobilego.io/the-dilution-misconception/

sr. member
Activity: 630
Merit: 252
MobileGo blog post, 'The ‘Dilution’ Misconception'

Read the post here: https://mobilego.io/the-dilution-misconception/

sr. member
Activity: 630
Merit: 252

Ok, I have just read 22 pages of posts Smiley. Had all my questions answered BUT it raised one question.

I am very interested in investing in the MobileGo crowd funding. As many on here before me, I too am not a gamer but only interested in investing. My question is kinda simple concerning the buy back for a profit and then burning the coin when it relates to the coin being listed on Poloniex or other exchanges. Of course everyone will expect the price to rise on the exchanges.

BUT what incentive IF any will the original crowd funding investor have over selling the MobileGo coin back or rather just sell them directly over the exchanges ?

It seems like there should be some incentive to the investor in the crowd funding IF they still own the original coins to be able to sell for a higher profit. Again, this was not an original question but it came up after reading all the posts, neither is it a deal breaker to invest.

As a personal note, I would like to mention that the support here was very professional and informative.
Thanks
Well it just depends on the investor. The buyback dates are going to be announced ahead of time. So that will likely give people time to decide whether or not they would like to trade, or wait for the buyback. Many people will likely trade up until the buyback, and then demand will rise as many people hold.
hero member
Activity: 518
Merit: 500
I can translate in Turkish. rezerv
member
Activity: 106
Merit: 10
I was wondering if the token could also be traded on Poloniex? I suppose so, as it is an Ethereum token, but perhaps good to know if this is something you guys would like or if you would rather keep it in the store only.
Absolutely will be accessible on Poloniex. Our vision is to eventually move in the direction we said, but we feel market access is very important to the profitability of our investors.

Asking something like this is almost like a retorical question with you guys Cheesy Perfect! Smiley

Ok, I have just read 22 pages of posts Smiley. Had all my questions answered BUT it raised one question.

I am very interested in investing in the MobileGo crowd funding. As many on here before me, I too am not a gamer but only interested in investing. My question is kinda simple concerning the buy back for a profit and then burning the coin when it relates to the coin being listed on Poloniex or other exchanges. Of course everyone will expect the price to rise on the exchanges.

BUT what incentive IF any will the original crowd funding investor have over selling the MobileGo coin back or rather just sell them directly over the exchanges ?

It seems like there should be some incentive to the investor in the crowd funding IF they still own the original coins to be able to sell for a higher profit. Again, this was not an original question but it came up after reading all the posts, neither is it a deal breaker to invest.

As a personal note, I would like to mention that the support here was very professional and informative.
Thanks
sr. member
Activity: 812
Merit: 317
Hello!

I've been part of the campaign since it launched now (I think), just realized that I turned Senior recently from being full member when joining Smiley.

Just thought I'd give you the headsup!
Headsup is a one-on-one type of game? But it's still necessary to reach the end, that only two of us remain, or I do not understand something.
legendary
Activity: 1764
Merit: 1031

I have a question on this

MobileGo will have fixed supply. Its revenues will be returned to investors in the form of buybacks at regular intervals

Does it means some kind of dividends as fees, what does buyback mean here?
If I understand your question correctly:

Buyback just means using a portion of the revenue attained from the mobile store (from the sale of games and in-game items) to buy and burn tokens from investors.



It's a way of delivering revenues to holders without paying a dividend, which would be problematic for the company and many investors due to securities regulations.
legendary
Activity: 3038
Merit: 6194
Meh.
Hello!

I've been part of the campaign since it launched now (I think), just realized that I turned Senior recently from being full member when joining Smiley.

Just thought I'd give you the headsup!
Jump to: