Topic: [ANN] Spells of Genesis - Innovating the Game Economy with BitCrystals (BCY) - page 58. (Read 676932 times)

Well the good is that BCY is holding near an all time high in value. The bad is that we are clearly still in the early stages with no spike in burn rate even with the appstore release.

https://forum.everdreamsoft.com/index.php?/topic/289-april-2017-bitcrystals-burn-report-is-out/

Looks like ingame sales are included. Sorry - I was totally wrong. Happy to be wrong though

I was then went and bought me Chrystal Dragon, problem solved......

EDS needs to provide a level builder, like the old Load Runner games used to have, and provide a way for you to share them.

Any one stuck on a particular level?

They do sell cards for Fiat as in-game you must use Fiat to get epic and rare cards quickly, which is the only reason you spend fiat in-game other than to extend your stamina. It is very clear that this in-game fiat to buy cards is supposed to have a match burn in BCY, there is no other way to interpret the above statement about in-game app store card purchases.... to argue you buy cards with gems is not an argument, because you need fiat to buy gems.

This is not about Gems but about cards. EDS right now dont sell cards for fiat but only for BCY from 3 merchants. They were selling them 2 years to partners and players so they can now resell them to new players.  As I understood they will sell packs of cards every now and then. Like when seasons ends. We will see i have no ideas how will all looks. All this is long time planed.  Or maybe will be totally different and that is why was moved away.
OP was renewed few months ago most likely for the official launch. I like it was since now looks nicer and some things was removed and new added.

It was never said that BCY will get burned for gems. At least I did not read it anywhere. It for sure dont write on this what I just quoted.

On the investment note:

I still want an answer as to why the in-game use of bitcrystals description was removed from the top post. Has EDS decided not to burn bitcrystals for in-game purchases anymore?

In the past two days the order book on Poloniex has jumped more than 200% with almost no buying or selling action. Huge buy orders make up the order book and most are way down the price list....

So either inside money is betting on a dump. Or pumper money is prepping the pump....

The weakest link here is defiantly marketing and communication. Which is not terrible because most coins have it the other way around, putting the hype over the development. But weekly updates from devs on this forum defiantly need to be a thing. This project needs some momentum and excitement so that when the next big update drops someone cares or at least knows about it and we don't end up with just 10,000 measly downloads.

Card stats definitely need to be added into the book of orbs asap. No one wants to spend a decent sum of money on a mystery card and sogassets.com isn't even mobile friendly 
'

I don't think there would be any posts. This has to be the most inactive thread for coin announcements I have ever seen for a coin that actually has a real legit user base....... I think all of the bitcointalk investors have long walked away.

That was a free blockchain card that all SoG players received when installing the new release from Google and App Store before the end of April.
It was distributed by the team to all people entitled to it. So it's an external card not a card you get in-game.

how about a separate thread for price predictions and markets?

But i think i found a Blockchaincard, i just bought a Card with 100 Gold and got "Spirit of the Druids" 5 Star Golden Card and my Wallet Shows a new Card "SOGLAUNCHCD"

I apologize, I did not know that. It might have turned out to be too complicated to do but I would love a clarification too.

I have heard this a few times now.... and I notice that the Announcement initial post no longer mentions it, but this has ALWAYS been the case. Internet archives shows the original purpose of BCY, it says and I quote:

"Game Fuel


   
BitCrystals: fueling the Spells of genesis game economy
Spells of Genesis (SoG) is an upcoming mobile game with a storyline based on bitcoin and game economy driven by its growing crypto
community. By purchasing BitCrystals, the initial backers of the BitCrystals Token Sale will contribute to the development of the game. Upon
its launch, players will, in turn, give back to the backers (BitCrystals owners), fuelling what we believe will be the first on-chain economy
game ever made.

When purchasing game items such as card packs in Spells of Genesis, players will have the option to use their local currency on the Google
Play/AppStore or BitCrystals in the secondary market. Here�s how it works:

A - When a player purchases a card pack via Google Play/AppStore
Each time a player purchases a card pack via Google Play/AppStore using their local currency, EverdreamSoft will buy back 50% of its value
in BitCrystals from backers (anyone who owns BitCrystals) and burn them in order to issue a new card pack.

B - When a player purchases a card pack using BitCrystals
If a player uses BitCrystals to purchase new cards and game items from the secondary market, EverdreamSoft keeps 50% of the BitCrystals
and sends the other 50% to Gutenberg (Gutenberg is our project codename for the platform which burns BitCrystals).
"

BitCrystals have always been expected to be part of the in-game economy, see Scenario A above.

Can someone speak on this with authority please? Why was the in-game economy usage of BCY removed from the original post?

I think bcy team going to develop such feature as "Blockchanization" of a card, so ingame card you can put on blockchain
This project is quite exciting

not now, but in a near future you can earn blockchain card upgrading ingame cards,

Is it possible to find Blockchaincards in Spells of Genesis?

I really doubt they are burning from the ingame sales, I think it is only the card sales for BCY.

Any speculation on Burn report?

Here is mine:

April 1-20th. Regular beta stuff going on. I think only 15k in BCY to burn for that time period.

April 20th-30th. 10,000 users. I am going to say an average spend of $15 a person. That is $150,000. Minus Apple fees of $30,000. That leaves $120k, EDS probably removes overhead like taxes. So I am speculating 50k or 161,000 BCY to be burned. Plus the 15k from earlier in the month, that is 176k bcy.

I suppose they can burn their owned BCY. Buying $60k on polo would push the price up 25%.

This is another reason they need to burn minimum weekly, preferably daily. It will cost EDS less money spreading things out and be better for the market.

That worked.
Thanks a lot !