Topic: [ANN] WAX - Worldwide Asset eXchange by OPSkins - page 3. (Read 15787 times)

can someone who has played the game please post here about it there is hardly anything on the internet about this game and it seems that the only place to see updates is through the february medium post or reading the telegram channel which seems to be the most active and which I was just shown by a friend a few minutes ago but can someone post their experience with the game or a screenshot or two from their gameplay here

there is also a steemit post from 2017 that talks about the pre-beta game that was out because apparently there was a practice game and that was available to everyone if I am not mistaken then the recent beta was 100 chosen test users who got to test the game first and look for bugs and then they were just going to fix any bugs but seem to have gotten more ideas according to their telegram channel and are now adding to the game so maybe this thread could also be used for suggestions and suggestions would be easier to make if we all knew a little bit more about how the beta test went and had some information from the people who were involved

the only reason I am saying all of this here now is because it doesn't seem to all be in one place anywhere else on the internet and anyone who wants to learn about this game probably specifically wants to know this stuff

just saying that this thread would be a lot better if it was people talking about what the game was like or talking about the things they want to see added to the game

How to clone Ethereum Tokens
https://blog.openzeppelin.com/deep-dive-into-the-minimal-proxy-contract/
https://github.com/ethereum/EIPs/blob/master/EIPS/eip-1167.md

Bitshares Assets
https://bitshares.org/technology/user-issued-assets/

How to create an EOS Token
https://medium.com/coinmonks/how-to-create-eos-token-212696fe1aba

Once you have Capital in the game, you can use it to buy Ethereum to pay for Ethereum Gas prices to launch your own Token, and your Token could be traded for PGL. So an Asset/Stock type Token you own could be traded for ETH and PGL, and you could invest back in the game to earn more PGL to cash out, or you could just trade your Token on the market with PGL users as a pool of buyers. And they could use your Token to trade against PGL.

I think the next step is to start a Facebook group if there is not already, then create a group on Minds where they are already using a Crypto called Minds Token. So that makes it possible for you to earn PGL on Prospectors, and buy Minds Tokens and you can use those to promote you posts on Minds. There is also Steemit where you can also earn money, so you can use PGL to buy Steem, then talk about Prospectors on Steemit, and use your Steem to Vote on posts and earn more Steem.

Then we need someone to create an Exchange, because the whole newdex to wax thing is too complex for most people. And then we need Prospectors users to make their own Tokens, either through like Tokenlab or OpenLedger. So then you can use a Facebook group, and Minds, and Steemit, to talk about PGL and user Tokens, which creates a whole Ecosystem of Wealth.

If you look at the Wood Charts you can see how this all works. The Sell side is at 12 gold pieces each, which is the people who have Wood and want you to come pick it up. The Buy side is people who do not have Wood and want it delivered to them, that price is at 16 gold pieces.

But you can see there is not actually much Wood on the Market at 12 through 43 gold pieces, the 12, 15, 20, etc hardly have any left, and it jumps to 44 gold pieces before you see lots of Wood. So it will be 44 each soon, and is 12 right now.

So, just to point out the details of this economy. So, the base Crypto layer, PGL is traded for other Cryptocurrencies, Ex: Bitcoin is a Crypto. And these are traded for USD, the price of PGL will go up as other Cryptos go up because they are traded against each other, not the USD. Only Coins on Coinbase can be traded for USD, so you use your other Crypto to buy the USD tradable Crypto.

The next layer is the Trade Platforms. Trade volume is pretty low right now, Trade Volume going up means there are more people joining the game and buying PGL. The more people there are buying PGL and investing in the game, the more rare PGL gets. Because it is just natural that when 5 people share 1000 things, it is easier to collect/horde than when 500 people are sharing those 1000 things. So as Trade Volume goes up, the price will go up.

Then, also, as PGL is bought and brought into the game, it is basically inflation. So if there are 5 people playing the game, and they spend $50.00 each on PGL at $0.06 each, then build Goldmines, and Tool Shops, etc, and dig more Gold out of thr ground, it is limited to whatever they can retrieve. So right now, because there are only maybe 200 players (which is why it is still a great time to get it and earn a lot of Gold) sharing whatever they all purchased in PGL to bring in, and whatever they dug out of the ground, and many are cashing out into USD putting PGL back on the market, lowering the in game Gold supply. So 1kg of Rocks in the game is maybe 5 Game Gold right now, but when 500 new people come in and spend $20.00 each to get in the game, the in game Gold supply goes up. And they buy rocks, raising the price of rocks because 500 new citizens exist, using the rock supply.

So in Game prices can change, and holding an in game Product and waiting for new citizens to buy up all the cheap products, could be as profitable as holding a Cryptocurrency itself. It's possible that when there are more like 1,000,000 users, that the workers could be paid like $15.00/hr in in game Gold for their in game work. This is the first ever Real Life Currency traded in a Game App like FarmVille. Right now it is more Profitable to buy PGL and invest it in the game to flip it, there will come a time when working for in game Gold by selling game products on the market, and working, will be more profitable than buying PGL and bringing it in. Because this Currency is based on a game, there will come a time when the game and the market will switch in the "Buy buy buy!!!" and "Sell sell sell!!!" moments on the Crypto Exchanges.

This is similar to how in the Real Stock Market, NYSE, DOW, NASDAQ, etc, when stocks drop, or in a recession for example, Gold goes up because people are selling stocks to buy Gold, so it goes up. Markets shift, and part of the PGL market is in Game work.

Here is how game wages could be as high as regular wages. Right now, work is in high demand and game gold is in high demand. But say that 100 new people start playing, and they all want to be at the top of the work orders list. Instead of 7 game gold max, they could offer 10 or 12 game gold. So at 10, that is 600 game gold per hour. Now, that let's another 150 or 200 or 300 people get in the game, start making the Auctions competitive, bring up demand for tools and wagons and building material. Now prices go up even more.

Then if people simply decide they want more gold. Stone in the cheapest resource right now, but say I wanted to bring the price up? Or stone building material? Hardly anyone is buying stone building material on the buy side of the market, they don't have buy orders up. So if you bought up all the sell orders for all stone materials, and were sitting on 1 million stone, 150,000 stone tiles, and 70,000 stone blocks and a stone workshop. You could set the price yourself. Anyone could do that with any market in the game, like a Cartell.

And if the price of materials goes up, the price of tools and wagons and everything goes up. If the price of tools and wagons goes to where you need $0.50 and $1.00 or $5.00 to buy tools on the market with PGL, now people with game gold and wagon shops and tool shops and stone mills and saw mills have new found wealth; from a video game Cartel bringing PGL in off the exchanges with USD, then putting it into game gold (not coming from the ground in the game), which also raised the price of PGL to maybe $0.50 each or $15.00 each. And maybe they can start to afford 25 or 50 or 100 per minute for jobs, making 50,000 or 100,000 game gold per tool they sell. Now people are getting 1 PGL every couple minutes, the PGL/WAX/EOS market gets super active. And then suddenly we are all stockholders and employees l

And just btw, some people may already be doing this, but you can take your Referral link, and a Prospectors image, and go on Google Ads or some other online Ad service and pay for your Referral link to show up as Ads for people. You get your Referral link at the top right hand sideof the game screen, you just click your username and then there is a Referral tab. And you get like 20% of all Taxes you pay the in game Government, or DAO, the Contract that is under the game. The Taxes go to replenishing the game in the game world once it hits a certain amount.

And the replenishing won't hurt the prices of the Coin permanently every time, because there is a limited supply, so every time the map replenishes it will just be a good Bullish opportunity to buy, and for new people to join. But there will market hits each time it replenishes. There are only maybe 500 people or less playing right now though, so it has to happen to let new people in so it will be fine, because the more people there are holding PGL the more and more rare it will become. 1,000,000 people trying to share something is different than 500 sharing the same exact thing.

To put this in perspective, many of us were not here when the game started. There was a Pre-game Auction where the PGL developers sold off game gold, tools, and other game items before the game launched. So when the game started, it is likely that people started with no buildings and had to build them. So, for example, if I wanted to build a Gold Mine I would need Clay Bricks, but if I went to look at the market there wouldn't be any.

So, I would have to start a Brick Yard, and manufacture my own bricks, and maybe my own wood girders, and maybe my own everything, with nothing for sale on the market yet. So first, you have to build a Brick Yard, and maybe even a Stone Yard before that, all in order to make a Goldmine.

That is why the prices are where they are, because the game started with more Gold than Industry. But now the Industries are popping up, and you can mine Stone and sell it to stone yards, or mine clay and sell it to clay yards. You don't have to sit on everything you mine because other people need it.

Eventually there will be more land with buildings on it than without land, we just need more users. The Coffee industry is about to be a renewable resource, like growing your own woodland on the map from seeds. We are basically going to be farming, and farmers need empty land to farm on. So eventually there will be no abandonned plots, and the only option for new people will be jobs, no collecting resources. The Auction will then be the only place to look for new land. And everything will be completely different from how we see it now.

Anyone who wants this to be big

This is a guide for anyone playing the game starting with $0.00, no PGL. And the 1st 4 steps should take like 12 hrs checking every hour, or spacing it out. Then you get tools and should be able to make at least 1000 gold a day on the website. 1000 game gold = 1 PGL which is only around $0.06 right now. If you can put $10-$20 in, that is really all you need. It is complex for people new to crypto, but they can do it. You go on Coinbase, get Bitcoin with a Debit card (not bank) so it is available instantly. Then convert that to EOS, Convert is an option on the Coinbase trade page when you click the blue "trade" button.

Once you have EOS, go to NewDex (don't let coins sit for days or weeks if you need to spend them, they could lose value by the time you need them). NewDex makes you create a Wallet, Wombat works easy because it is a Google Chrome Extension, which just means it makes a Wombat Wallet Icon in Chrome for you so you can click it easily. Your Username is 12 Letters long. Go back to Coinbase, open the Wombat Wallet by clicking the little button it made for you in Chrome, copy your username, send the EOS to yourself from Coinbase on Coinbase in you Coinbase wallet to your 12 letter Wombat username.

Then go back to NewDex, or just Google search for:
Newdex PGL/WAX

When you find that trade page, go to EOS/WAX over on the right side and switch to that page, then click the bottom red colored trade option on the left hand side of the page, then buy it. And keep doing that until your EOS is gone.

Then on the right side click WAX/PGL, do the same thing with the red ones and buy them.

Now, your WAX account is your Prospectors Account, so once you buy the PGL it will already be in the game because NewDex makes you log in to WAX to trade.

Then go to the Prospectors game and at the top right click the settings button, it looks like a little machine gear. Then click "deposit". And type in the amount of PGL it says you have.

You won't need more than $10-$20 until you learn more about the game, and that is plenty to start with. If you compare this to a App Game, like FarmVille or games more like it like Mobile Strike that Arnold Swartzenater was advertising, or whatever else, it is much much cheaper than those. $10-$20 at this point in time, with PGL at $0.06, will go a long way.

Ah, cool, thanks a lot for the response. I talked with a member of the wax team and I might be working with them later, seemed to work out great for the both of us once we're set.

Basically yes. It will be easier once all features are in place though.

WAX is an eosio based dapp / smart contract platform, so you could host on it whatever you want.
They are building protocol + service layer that covers everything you need to run a marketplace and some other stuff on it.
On-chain RNG, free accounts via SSOA with optional key management for customers, payment gateway (incl. escrow contracts, cross border payments, CC), etc.

Not everything is released yet, so there are quite a lot of hoops to jump through to run a marketplace on it. Like coding your own website etc.
But ultimately setting up a webshop is supposed to be a point and click adventure, and users/customers won't even need to know they are using a blockchain service 'cause everything runs in the backend.

I'm kind of confused as to how WAX works. Is it possible to create an online store that allows people to instantly sell their gaming digital assets?