[ANN] Spells of Genesis - Innovating the Game Economy with BitCrystals (BCY) - page 222.

Viva!

hero member

Activity: 840

Merit: 500

ImmVRse | Disrupting the VR industry

Quote from: aizzaku on November 28, 2015, 06:20:29 AM

Quote from: Viva! on November 28, 2015, 03:24:02 AM

Here we are after the Black Friday and very near to the Burnig Day.

https://docs.google.com/spreadsheets/d/1dyi7yMsqDOxCzk2cf9slODeein2L4GCDVubCY706QR8/edit#gid=1325962906&vpid=A1

Probably we are around:

1) 709.177 bcy to be burned from regulare sales in bcy(small-medium-big pack included)
2) 30.719 bcy to be burned from btc card sales ([email protected] bcy/btc rate, 13.333,3 bcy for 1 btc)
3) 7500 bcy yo be burned from alt-coin (storjx) card sales

Total: 747.396 bcy to be burned

This is only my estimate, for reference only, probably I miss something, and is still possible some other sale before the burning day.

i may sound like newbie.. but what do u mean by burning ?

....BitCrystals, tradable Counterparty assets, were issued in a limited supply of 100 000 000 units. 30% of the initial supply were kept by EverdreamSoft for promotion and development purposes, 70 000 000 BCY were allocated to the BitCrystals Token Sale. The unsold BCY from the Token Sale were burnt afterwards.

BitCrystals are now traded on the blockchain and within a month after the end of the Token Sale, they became one of the top ten most traded digital assets.

At the end of each month, 50% of the cards sale income in BCY are burnt and EverdreamSoft publishes a detailed report indicating their BCY incomes as well as the amount to burn. The amount of BCY is then sent at this burn address: 1BURNSogXXXXXXXXXXXXXXXXXXXXW3ny2Y.

The total supply of BCY is constantly decreasing thus its value keeps increasing....

more on:
http://www.bitcrystals.com/pages/economy

aizzaku

legendary

Activity: 1146

Merit: 1006

Quote from: Viva! on November 28, 2015, 03:24:02 AM

Here we are after the Black Friday and very near to the Burnig Day.

https://docs.google.com/spreadsheets/d/1dyi7yMsqDOxCzk2cf9slODeein2L4GCDVubCY706QR8/edit#gid=1325962906&vpid=A1

Probably we are around:

1) 709.177 bcy to be burned from regulare sales in bcy(small-medium-big pack included)
2) 30.719 bcy to be burned from btc card sales ([email protected] bcy/btc rate, 13.333,3 bcy for 1 btc)
3) 7500 bcy yo be burned from alt-coin (storjx) card sales

Total: 747.396 bcy to be burned

This is only my estimate, for reference only, probably I miss something, and is still possible some other sale before the burning day.

i may sound like newbie.. but what do u mean by burning ?

Viva!

hero member

Activity: 840

Merit: 500

ImmVRse | Disrupting the VR industry

Here we are after the Black Friday and very near to the Burnig Day.

https://docs.google.com/spreadsheets/d/1dyi7yMsqDOxCzk2cf9slODeein2L4GCDVubCY706QR8/edit#gid=1325962906&vpid=A1

Probably we are around:

1) 709.177 bcy to be burned from regulare sales in bcy(small-medium-big pack included)
2) 30.719 bcy to be burned from btc card sales ([email protected] bcy/btc rate, 13.333,3 bcy for 1 btc)
3) 7500 bcy yo be burned from alt-coin (storjx) card sales

Total: 747.396 bcy to be burned

This is only my estimate, for reference only, probably I miss something, and is still possible some other sale before the burning day.

coin@coin

legendary

Activity: 1722

Merit: 1000

Quote from: bitcoinrocks on November 27, 2015, 04:01:01 PM

Could you post a link to your BCY swapbot?

Here it is, consider that it's selling deals for Black Friday, should be updated once over.

https://swapbot.tokenly.com/bot/spellsofgenesis/black-friday#choose

aizzaku

legendary

Activity: 1146

Merit: 1006

i have submitted a feedback.. please confirm if recieved.
id - Aizcalibur

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

Could you post a link to your BCY swapbot?

yodark

sr. member

Activity: 297

Merit: 264

Quote

I wish you'd sell your BCY on the open market instead. How do you determine the price at which you sell BCY?

Of course we'll do but even on an open market we can pretty much define the price. As everybody else the higher the BCY price is the better it is. So we determine the price from more or less the market price. Usually we are going to sell BCY at a price a little bit higher than the market price from the official swapbot store

yodark

sr. member

Activity: 297

Merit: 264

Quote

i have started playing the game and it seems fun

wanted to ask where do i give feedback or report bugs or anything

Thanks

If you are talking about spells of genesis when you are logged with an account there is a feedback form
That you can find here : https://docs.google.com/forms/d/1i9_Fzf9vvvNYcb5Qij8QNZe2kfs8kL5mhGIn_nDNgKo/viewform

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

I wish you'd sell your BCY on the open market instead. How do you determine the price at which you sell BCY?

yodark

sr. member

Activity: 297

Merit: 264

Quote

So Everdreamsoft is selling BCY for BTC? This can only hurt the price on the open market. Will this be taking place indefinitely?
How does Everdreamsoft determine the rate at which they sell BCY?

Yes we sell BCY because we receive BCY when we create new content. From the BCY we receive we burn half and the other half is our operational revenue.
Of course we need revenue to operate the game (otherwise we don't have any incentive to operate the game bring people in, retain them and sell content)
With a healthy game economy more and more BCY will be burned so the more BCY we sell more burn occur and the more scarce and valuable are the BitCrystals

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

So Everdreamsoft is selling BCY for BTC? This can only hurt the price on the open market. Will this be taking place indefinitely?

How does Everdreamsoft determine the rate at which they sell BCY?

aizzaku

legendary

Activity: 1146

Merit: 1006

i have started playing the game and it seems fun

wanted to ask where do i give feedback or report bugs or anything

yodark

sr. member

Activity: 297

Merit: 264

Correct !

Quote

Just to know so I can do the right calculation, so the Small Pack deal it generate 2050bcy burned each? (half of 5100)

Viva!

hero member

Activity: 840

Merit: 500

ImmVRse | Disrupting the VR industry

Quote from: yodark on November 27, 2015, 11:21:17 AM

Hi Viva,

Bitcrystals for sale don't generate burn of course. It's mostely bitcrystal that were unburned.

For the rest cards sold in BTC and in BCY will result from a burn.
Subscription for free cards give people free cards but it will result with a burn at the retail value.

Hi Yodark
Just to know so I can do the right calculation, so the Small Pack deal it generate 2050bcy burned each? (half of 5100)

yodark

sr. member

Activity: 297

Merit: 264

Hi Viva,

Bitcrystals for sale don't generate burn of course. It's mostely bitcrystal that were unburned.

For the rest cards sold in BTC and in BCY will result from a burn.
Subscription for free cards give people free cards but it will result with a burn at the retail value.

Viva!

hero member

Activity: 840

Merit: 500

ImmVRse | Disrupting the VR industry

Hallo EDS, today you release some interesting Black Friday Deals collecting :

-bitcoins for bitcrystalls and the right to be Partner and/or Premium member for some time
-bircoins for bitcrystalls and 3x3 of next cards

What about those bitcoins collected?
I mean:
Do you consider those bitcoins as normal revenue to be burned in half? (after a bcy conversion at market rate)

Thanks in advance.

heunland

sr. member

Activity: 373

Merit: 250

Quote from: Cryptotalker on November 27, 2015, 07:00:25 AM

Quote from: heunland on November 26, 2015, 02:14:35 PM

Quote from: Cryptotalker on November 26, 2015, 06:44:41 AM

Game still in beta, no android version, and all cards are either expensive, super-expensive or even more expensive.

@Cryptotalker, I find it unfair to qualify "all cards" as expensive. Case in point, the last card that came out is being sold on the open market at less than 500 BCY which is less than 12 USD at current exchange rates. This is not the only card that has been sold at this price. Apparently there are plenty of other gamers happy to buy their blockchain-based cards for the upcoming Spells of Genesis game, knowing that there is complete certainty that EverdreamSoft will never be able to issue more than the initial limited number of cards, so with time their value will certainly appreciate and cards can freely be resold to other gamers in case someone decides they don´t want a specific card anymore. The more expensive cards are the ones that are the most scarce, and the ones that have the most powers in the game. Market demand and supply determine the price people are willing to pay for these cards. I am sure mainstream gamers will soon discover the advantages of this novel approach where you can be the true owner of your game items and have complete control of them without any interference from anyone.

Also I find it unrealistic to demand that the developers should already have an android version available, when the intial tokensale was just a few months ago. I myself find the pace of development is meeting expectations and right on schedule as promised in the terms of the tokensale.

Unfair if i say all cards are expensive? Its my opinion and you dont have to share it. 12 $ for a virtual card that i cant use anywhere now (read I cant use, i dont say noone can use) is expensive. And dont count on your cards to be limited because they are based on blockchain. The same card may be released again with another name, or even a very similar but slightly better one that renders the old card useless.

I demanded an android version, and demanded it should be available now?? Where? I did not! I simply said there is none (yet).

For your information, the cards can already be used in both the existing moonga game and in the current Spells of Genesis beta. People are already using them in moonga tourneys. So not entirely useless as you claim, as all you would have to do is link your counterwallet address to moonga/SoG and install moonga on your phone or enter the SoG beta on your browser. As I said previously, if you don´t want a card anymore, you can always sell it to another person. Can you legally do that with other mobile games? BTW you did complain that the android game is not yet available: "Game still in beta, no android version"

Cryptotalker

sr. member

Activity: 378

Merit: 250

Quote from: heunland on November 26, 2015, 02:14:35 PM

Quote from: Cryptotalker on November 26, 2015, 06:44:41 AM

Game still in beta, no android version, and all cards are either expensive, super-expensive or even more expensive.

@Cryptotalker, I find it unfair to qualify "all cards" as expensive. Case in point, the last card that came out is being sold on the open market at less than 500 BCY which is less than 12 USD at current exchange rates. This is not the only card that has been sold at this price. Apparently there are plenty of other gamers happy to buy their blockchain-based cards for the upcoming Spells of Genesis game, knowing that there is complete certainty that EverdreamSoft will never be able to issue more than the initial limited number of cards, so with time their value will certainly appreciate and cards can freely be resold to other gamers in case someone decides they don´t want a specific card anymore. The more expensive cards are the ones that are the most scarce, and the ones that have the most powers in the game. Market demand and supply determine the price people are willing to pay for these cards. I am sure mainstream gamers will soon discover the advantages of this novel approach where you can be the true owner of your game items and have complete control of them without any interference from anyone.

Also I find it unrealistic to demand that the developers should already have an android version available, when the intial tokensale was just a few months ago. I myself find the pace of development is meeting expectations and right on schedule as promised in the terms of the tokensale.

Unfair if i say all cards are expensive? Its my opinion and you dont have to share it. 12 $ for a virtual card that i cant use anywhere now (read I cant use, i dont say noone can use) is expensive. And dont count on your cards to be limited because they are based on blockchain. The same card may be released again with another name, or even a very similar but slightly better one that renders the old card useless.

I demanded an android version, and demanded it should be available now?? Where? I did not! I simply said there is none (yet).

heunland

sr. member

Activity: 373

Merit: 250

Black Friday offer: Get the new XAJIBOSS on my swapbot for 2400 BCY or equivalent in BTC, XCP, GEMZ or SJCX.

https://swapbot.tokenly.com/bot/heunland/sog-magic-cards#choose

A very rare limited edition of 300 cards.

yodark

sr. member

Activity: 297

Merit: 264

SPELLS OF GENESIS BLACK FRIDAY

Follow us on Twitter to know the current deal!

Topic: [ANN] Spells of Genesis - Innovating the Game Economy with BitCrystals (BCY) - page 222. (Read 676886 times)