Topic: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform - page 87. (Read 1144140 times)
i am in, when the Peerplays platform will be launched?
I believe you will have more people getting involved when you have a trusworthy escrow
no escrow??
The question has already been asked, but not answered:
Why no escrow, guys?
Do you plan to start using the funds before the end of the crowdsale, or will you rather leave them untouched until then?
Thanks
Why no escrow, guys?
Do you plan to start using the funds before the end of the crowdsale, or will you rather leave them untouched until then?
Thanks
I think they are using the funds for development.
The question has already been asked, but not answered:
Why no escrow, guys?
Do you plan to start using the funds before the end of the crowdsale, or will you rather leave them untouched until then?
Thanks
Why no escrow, guys?
Do you plan to start using the funds before the end of the crowdsale, or will you rather leave them untouched until then?
Thanks
Nice to see more team members in the thread 
My name is Dan Notestein and I'm writing to confirm my involvement with the PeerPlays project. I've provided free technical consulting to the PeerPlays management team for the past several months with the understanding that they would contract with my own cryptocurrency company, BlockTrades, to help develop the software if they were successful in raising funding for the project.
I operate two companies: SynaptiCAD (http://www.syncad.com) which is a US-based developer of electronic design software that has operated for many years and more recently, BlockTrades (http://blocktrades.us), a Cayman Island's-based company which specializes in cryptocurrency software and operates a crypto-to-crypto "instant exchange" platform which is well-known in the BitShares community.
It's fairly dated at this point, but there's a small bio about my experience prior to getting involved in cryptocurrency here: http://www.syncad.com/manateam.htm
I got involved in cryptocurrency somewhat by chance: SynaptiCAD was contracting to help out on an engineering software contract headed up by Dan Larimer of BitShares notoriety at his previous employer. When Dan left that company to begin work on BitShares, he hired me and later contracted to bring on more of SynaptiCAD's staff to assist in the development for BitShares. Among other work there, we developed the peer-to-peer networking code for BitShares 1.0 that was later re-used in the Graphene toolkit that powers both BitShares 2.0 and STEEM. To my knowledge, this is the fastest operating blockchain (currently operating with 3s blocks although the original design goal was 10s blocks).
I very rarely post on bitcointalk as I'm not a prolific poster, as you can see from my posting history, but I have been posting for several years on bitsharestalk.org (almost since it began I guess) as dannotestein. I've made a post there to confirm that this account and that account are linked: https://bitsharestalk.org/index.php/topic,22410.msg291798.html#msg291798.
I have also begun posting recently on the blockchain-based social media platform steemit as "blocktrades", so I've also posted confirmation there: https://steemit.com/account-linking/@blocktrades/confirmation-of-accounts-i-control-on-bitcointalkbitsharestalk
I operate two companies: SynaptiCAD (http://www.syncad.com) which is a US-based developer of electronic design software that has operated for many years and more recently, BlockTrades (http://blocktrades.us), a Cayman Island's-based company which specializes in cryptocurrency software and operates a crypto-to-crypto "instant exchange" platform which is well-known in the BitShares community.
It's fairly dated at this point, but there's a small bio about my experience prior to getting involved in cryptocurrency here: http://www.syncad.com/manateam.htm
I got involved in cryptocurrency somewhat by chance: SynaptiCAD was contracting to help out on an engineering software contract headed up by Dan Larimer of BitShares notoriety at his previous employer. When Dan left that company to begin work on BitShares, he hired me and later contracted to bring on more of SynaptiCAD's staff to assist in the development for BitShares. Among other work there, we developed the peer-to-peer networking code for BitShares 1.0 that was later re-used in the Graphene toolkit that powers both BitShares 2.0 and STEEM. To my knowledge, this is the fastest operating blockchain (currently operating with 3s blocks although the original design goal was 10s blocks).
I very rarely post on bitcointalk as I'm not a prolific poster, as you can see from my posting history, but I have been posting for several years on bitsharestalk.org (almost since it began I guess) as dannotestein. I've made a post there to confirm that this account and that account are linked: https://bitsharestalk.org/index.php/topic,22410.msg291798.html#msg291798.
I have also begun posting recently on the blockchain-based social media platform steemit as "blocktrades", so I've also posted confirmation there: https://steemit.com/account-linking/@blocktrades/confirmation-of-accounts-i-control-on-bitcointalkbitsharestalk
So the exact percentages haven't been defined?
Was there an airdrop on bts or are you paying for licensing?
Was there an airdrop on bts or are you paying for licensing?
What happens if you don't sell all the tokens available for this initial funding round?
Also the description says that token holders are entitled to 'a percentage' - what percentage?
Also the description says that token holders are entitled to 'a percentage' - what percentage?
From our whitepaper under the section titled Profit Sharing
Quote
The Peerplays network earns revenue from various operations like the creation
and trading of digital asset tokens by users, and the performance of certain
custom operations, but most notably from the rake - which is a percentage of
each jackpot deducted as a fee. This model allows the network to financially
benefit from the trustless arbitration of each tournament and thus prevents
Peerplays from having to act as a “house” and bet against its users.
Every time a fee is collected, the blockchain automatically splits it into a
virtual account governed by a smart contract which distributes the fees in
three directions. The largest percentage is distributed at regular intervals
into the accounts of Peerplays core token holders as profit sharing. This
means that core token holders receive a portion of every jackpot paid in any
of the certified wagering instruments, along with a portion of the rest of the
network fees. Another term for the core tokens is Fee-Backed Assets or FBAs,
because they entitle the holder to a portion of the fees collected by the
network.[8] The next portion is directed towards blockchain maintenance, such as
for paying block producers and fixing bugs. And the third portion is sent to
the Mega-Jackpot virtual accumulation account (outlined in the next section).
All of these fees and percentages are determined by the elected Peerplays
Committee members, who are voted for by the Peerplays token holders.
and trading of digital asset tokens by users, and the performance of certain
custom operations, but most notably from the rake - which is a percentage of
each jackpot deducted as a fee. This model allows the network to financially
benefit from the trustless arbitration of each tournament and thus prevents
Peerplays from having to act as a “house” and bet against its users.
Every time a fee is collected, the blockchain automatically splits it into a
virtual account governed by a smart contract which distributes the fees in
three directions. The largest percentage is distributed at regular intervals
into the accounts of Peerplays core token holders as profit sharing. This
means that core token holders receive a portion of every jackpot paid in any
of the certified wagering instruments, along with a portion of the rest of the
network fees. Another term for the core tokens is Fee-Backed Assets or FBAs,
because they entitle the holder to a portion of the fees collected by the
network.[8] The next portion is directed towards blockchain maintenance, such as
for paying block producers and fixing bugs. And the third portion is sent to
the Mega-Jackpot virtual accumulation account (outlined in the next section).
All of these fees and percentages are determined by the elected Peerplays
Committee members, who are voted for by the Peerplays token holders.
More information on this process can be found in our whitepaper:
https://steemit.com/peerplays/@peerplays/peerplays-whitepaper
Hi guys,
Neil Haran here, and I confirm I am involved with the Peerplays team dealing with all of the game design related challenges.
A bit about my background:
I've been in video game development since 2002. Been in social gaming since practically its existence. I've been looking at bitcoin since when it was trading at a dollar (never bought any then though) and always believed in decentralization and blockchain.
Here's a talk I did back in 2011 for the bitcoin show (I didn't really know Bruce, he asked me to do a talk so I did because I fully believed in blockchain tech):
https://www.youtube.com/watch?v=jPKoRJ3vPZY
Today I'm an activist, completely focused on the decentralization movement and technologies associated with it. I'm new on bitcointalk.org and the forums, but I'm not new to this space.
Here's a long talk I recently did for the SAFE network:
https://www.youtube.com/watch?v=akWGc5b6iZc
Another project I am helping is FollowMyVote (also based on the bitshares blockchain), which is a project focused on bringing elections online in a provably fair way.
https://followmyvote.com/ambassadors/
-------------
Now that that bit is out of the way, I truly believe that we're embarking upon a game changer in MMO gaming (for asynchronous games) in Peerplays. What we are building is not without its challenges, as we are attempting to connect a huge number of peers in a large mesh, all playing in a provably fair way and generating a very large number of transactions per second. That said, the blockchain consensus mechanism called Graphene is quite a feat of engineering in itself, and appears to be one of the best current options as a potential framework for such a system. To keep our goals manageable, development will be oriented towards simple on-chain games first, and progressing towards greater levels of feature complexity as the project unfolds.
Anyhow, that's a little of my background and qualifications. As I mentioned above, I am quite busy and I have little time to frequent online forums, but I wanted to come here to let everyone know am confident in our business development and communication team to continue to answer any of your questions at this stage. My involvement in this project will be ongoing, and you will definitely hear more from me in the weeks and months ahead!
Thank You,
Neil Haran
Neil Haran here, and I confirm I am involved with the Peerplays team dealing with all of the game design related challenges.
A bit about my background:
I've been in video game development since 2002. Been in social gaming since practically its existence. I've been looking at bitcoin since when it was trading at a dollar (never bought any then though) and always believed in decentralization and blockchain.
Here's a talk I did back in 2011 for the bitcoin show (I didn't really know Bruce, he asked me to do a talk so I did because I fully believed in blockchain tech):
https://www.youtube.com/watch?v=jPKoRJ3vPZY
Today I'm an activist, completely focused on the decentralization movement and technologies associated with it. I'm new on bitcointalk.org and the forums, but I'm not new to this space.
Here's a long talk I recently did for the SAFE network:
https://www.youtube.com/watch?v=akWGc5b6iZc
Another project I am helping is FollowMyVote (also based on the bitshares blockchain), which is a project focused on bringing elections online in a provably fair way.
https://followmyvote.com/ambassadors/
-------------
Now that that bit is out of the way, I truly believe that we're embarking upon a game changer in MMO gaming (for asynchronous games) in Peerplays. What we are building is not without its challenges, as we are attempting to connect a huge number of peers in a large mesh, all playing in a provably fair way and generating a very large number of transactions per second. That said, the blockchain consensus mechanism called Graphene is quite a feat of engineering in itself, and appears to be one of the best current options as a potential framework for such a system. To keep our goals manageable, development will be oriented towards simple on-chain games first, and progressing towards greater levels of feature complexity as the project unfolds.
Anyhow, that's a little of my background and qualifications. As I mentioned above, I am quite busy and I have little time to frequent online forums, but I wanted to come here to let everyone know am confident in our business development and communication team to continue to answer any of your questions at this stage. My involvement in this project will be ongoing, and you will definitely hear more from me in the weeks and months ahead!
Thank You,
Neil Haran
What happens if you don't sell all the tokens available for this initial funding round?
Also the description says that token holders are entitled to 'a percentage' - what percentage?
Also the description says that token holders are entitled to 'a percentage' - what percentage?
no doubt this team is experienced in what they do and also known in bitshare community.
but they should give the early investors more % for this price.
there is no reason for value a website and whitepaper for 2 mio.
but they should give the early investors more % for this price.
there is no reason for value a website and whitepaper for 2 mio.
2mio is nothing if you see how much concepts get thrown at. see lisk or ethereum crowdfunds
no doubt this team is experienced in what they do and also known in bitshare community.
but they should give the early investors more % for this price.
there is no reason for value a website and whitepaper for 2 mio.
but they should give the early investors more % for this price.
there is no reason for value a website and whitepaper for 2 mio.
Make sure you do your due dillgence, but can the marketcap be estimated over 500,000? I think so quite easily.
no doubt this team is experienced in what they do and also known in bitshare community.
but they should give the early investors more % for this price.
there is no reason for value a website and whitepaper for 2 mio.
but they should give the early investors more % for this price.
there is no reason for value a website and whitepaper for 2 mio.
this is way to expensive?
I should pay 2 mio for a website and whitepaper?
I cant imagine that the price will get much over 2$ in the final ICO either.
Does seem expensive.. I guess if they can deliver Could be Big.. But They are a lot of gambling Coins out there.. I should pay 2 mio for a website and whitepaper?
I cant imagine that the price will get much over 2$ in the final ICO either.
There has been a few comments about the price so I thought I would help clarify on a few points.
The crowdfund is happening in two stages, and what is being developed is unlike anything that has been made before. The Peerplays core token holders of the Peerplays network are going to continually receive profit shares of all fees within the network. This means a Peerplays core token holder would see their daily balance of ETH, BTC, DASH, and whatever other approved crypto-currencies that are used within the platform continue to accumulate in their account daily based on their % holding of the network tokens. This is all built into the blockchain.
The network has numerous opportunities to generate new revenue streams available to the market sector it serves, and on top of that whatever happens on the blockchain profits the Peerplays core token holders DIRECTLY. While the speculative market cap price is certainly going to be there, the Peerplays core token holders are likely not to care one way or another, because just having their token is bringing them in actual BTC, ETH, DASH, DOGE, bitUSD, bitEUR and more daily out of every single wager, tournament, translation to the tune of at least 60% of the total fee rate. Details are in the whitepaper which we have made available in a PDF, but was first release on the blockchain last week here to make it time stamped and immutable: https://steemit.com/peerplays/@peerplays/peerplays-whitepaper
The pricing of this crowdfund was based specifically on a well budgeted plan incorporating not just development, but well rounded advertising, promotion, legal, and administrative requirements to onboard adoption with the marketplace beyond crypto.
Our funding tokens are meant for early stage supporters who recognize the strength of our team and our current tech and plans. As we move forward we are going to be providing more updates. We are very thankful to all our early supporters who are taking part in bringing blockchain into a very high volume and profitable sector that is begging for this solution.
When we have our auction style crowdfund, it will be following a working public prototype. The price at that point is going to be significantly different. By then a few months of ongoing advertising, promotion, and partnership announcements will make this project extremely attractive in this $50 billion + a year industry that needs the blockchain solution with the speed and capacity which we are developing. We have no doubt that this is going to bring Bitcoin adoption far beyond it's current reach and create a massive new liquid market.
We could have followed suit with everyone else and done a regular crowdfund that raised millions out of speculation and then proceeded, but we prefer to keep the early stages on budget and surgical in our execution prior to the network becoming pubic.
We reported at the Beyond Bitcoin hangout on Friday that we would be releasing more detailed timelines in the coming week, so stay tuned for that. We haven't really started up our promotional campaign for this crowdfund yet because we wanted to give everyone in bitcointalk/bitsharestalk a chance to participate. Blockchain is no longer just in this domain (bitcoin/crypto), and huge industries are watching for solutions just like Peerplays that are backed by teams with solid fundamentals.
So those are just a few of my thoughts on price while trying to stay awake at 4am.
I have posted my contact details. You can message me on Facebook or on Linkedin or even here if you would like to discuss the details of this awesome project further. I really would prefer to see the benefits of Peerplays in the hands of crypto enthusiasts and not industry titans. I encourage everyone to read the materials we have provided, or listen to us talk about it last week at the hangout: https://soundcloud.com/beyond-bitcoin-hangouts/e153-2016-05-6-fuzzy-friends-peerplays-lauch-party-steem-openpos
Have a great day!
so there will be mining for this? not interested in ico and stuff like that, we have plenty already, we need instead a good pow coins with long support, not abandoned after few weeks
would like to know this too :p
you're investing in shares. they're not mined
so there will be mining for this? not interested in ico and stuff like that, we have plenty already, we need instead a good pow coins with long support, not abandoned after few weeks
would like to know this too :p
so there will be mining for this? not interested in ico and stuff like that, we have plenty already, we need instead a good pow coins with long support, not abandoned after few weeks
Can my bitshares account name be from OpenLedger? Or does it have to be from another bitshares wallet not an exchange? 
I just gave my OpenLedger account name. Hope it's fine. I've never used bitshares before.
here's a Get Started with BitShares: http://favs.pw/get-started/
should give you a nice start
I also think the price is way to high, especially for the early investors. Without a working product I do not think is project is worth 2 mio at its initial stage.
Yes, The price is very high - at least for early adaptors.
First you must prove your Gaming Platform, to attract investors at this price.
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