Author

Topic: [ANN][BETA] Cryptower - Stock Market Explained in a Game! (Read 406 times)

copper member
Activity: 125
Merit: 0
dev team
Yep! You are absolutely right! Go to https://cryptowergame.com and try to build first block!
newbie
Activity: 2
Merit: 0
Pick an existing tower and start building blocks - it will give you a better understanding of the game is opposed to building a brand new tower
copper member
Activity: 125
Merit: 0
dev team
Did you decide to stop this or where are you continuing the discussion with the community now?

Hi there! We can continue to discuss our game. Also we want to invite you to participate in beta testing.
sr. member
Activity: 574
Merit: 250
Did you decide to stop this or where are you continuing the discussion with the community now?
copper member
Activity: 125
Merit: 0
dev team
So participants have to buy and deposit a token from you or are those tokens for participation freely available?

Tokens emits in the game, but if you want to change tokens to eth for ex., we can buy it back. We are considering two cases buy back and exchange. if you have other idea, post it here please.

So you can gain tokens during the game and then exchange them for ETH through your buyback? How do you earn money?

We will take a small spread between buy/sell price for token.

Is the small spread pre-fixed at a certain price or will that vary over time depending on some defined circumstances?

Yes, it is small % (between bid/ask) of token price.
sr. member
Activity: 574
Merit: 250
So participants have to buy and deposit a token from you or are those tokens for participation freely available?

Tokens emits in the game, but if you want to change tokens to eth for ex., we can buy it back. We are considering two cases buy back and exchange. if you have other idea, post it here please.

So you can gain tokens during the game and then exchange them for ETH through your buyback? How do you earn money?

We will take a small spread between buy/sell price for token.

Is the small spread pre-fixed at a certain price or will that vary over time depending on some defined circumstances?
copper member
Activity: 125
Merit: 0
dev team
So participants have to buy and deposit a token from you or are those tokens for participation freely available?

Tokens emits in the game, but if you want to change tokens to eth for ex., we can buy it back. We are considering two cases buy back and exchange. if you have other idea, post it here please.

So you can gain tokens during the game and then exchange them for ETH through your buyback? How do you earn money?

We will take a small spread between buy/sell price for token.
sr. member
Activity: 574
Merit: 250
So participants have to buy and deposit a token from you or are those tokens for participation freely available?

Tokens emits in the game, but if you want to change tokens to eth for ex., we can buy it back. We are considering two cases buy back and exchange. if you have other idea, post it here please.

So you can gain tokens during the game and then exchange them for ETH through your buyback? How do you earn money?
copper member
Activity: 125
Merit: 0
dev team
So participants have to buy and deposit a token from you or are those tokens for participation freely available?

Tokens emits in the game, but if you want to change tokens to eth for ex., we can buy it back. We are considering two cases buy back and exchange. if you have other idea, post it here please.
sr. member
Activity: 574
Merit: 250
So participants have to buy and deposit a token from you or are those tokens for participation freely available?
copper member
Activity: 125
Merit: 0
dev team
No, but you can quite when you want, and get your tokens back.
newbie
Activity: 5
Merit: 0
This game has an end?
copper member
Activity: 125
Merit: 0
dev team
This game equally intresting for couple of players and for many players. I think we can observe crowd behavior and find patterns for for different cases.
copper member
Activity: 125
Merit: 0
dev team
does this game have a winning strategy


Do you have winning strategy for the stock market?) Everybody who plays in cryptower wants to win. Game based on playing opposite to all other players, and i think that system can’t have a universal winning strategy, here can win everybody.
newbie
Activity: 5
Merit: 0
does this game have a winning strategy
copper member
Activity: 125
Merit: 0
dev team
The idea of the game seems intriguing and should appeal to the cryptocurrency crowd. Interested to see how the project develops.

Thank you,

We want to look at the reaction of BTT community, if our thread attracts interest, we'll certainly do alfa version.
hero member
Activity: 650
Merit: 502
The idea of the game seems intriguing and should appeal to the cryptocurrency crowd. Interested to see how the project develops.
copper member
Activity: 125
Merit: 0
dev team
You have a video with the rules of the game?

Root post updated, small clip added.
copper member
Activity: 125
Merit: 0
dev team
In this game, coalitions are allowed

Do you heard about coalitions on the real market? If you want to cooperate with your friends you can do that) but are you sure about the win?
newbie
Activity: 5
Merit: 0
In this game, coalitions are allowed
copper member
Activity: 125
Merit: 0
dev team
It looks interesting. I do a little trading and it will be very interesting for me to play in such a game. I will follow the development

Thank you for your feedback) I ask you to vote in poll above the root post and join to Telegram group.
member
Activity: 252
Merit: 12
It looks interesting. I do a little trading and it will be very interesting for me to play in such a game. I will follow the development
copper member
Activity: 125
Merit: 0
dev team
You have a video with the rules of the game?

We'll publish it later.
copper member
Activity: 125
Merit: 0
dev team
where can I get a token for game?

You can buy tokens within the game through an interface for connecting with Metamask and other wallets
newbie
Activity: 5
Merit: 0
You have a video with the rules of the game?
newbie
Activity: 5
Merit: 0
where can I get a token for game?
copper member
Activity: 125
Merit: 0
dev team
You make profit by building at a lower level and selling later when the tower is at a higher level. The price will be higher when the tower’s height is higher. Then it’s up to you to build more or to sell the tokens on an exchage
newbie
Activity: 140
Merit: 0
unique game
the higher the tower the higher the token payment
we get a profit from where?
copper member
Activity: 125
Merit: 0
dev team
I think it will be Ethereum, also we are planning  to develop a game for the Web, iOS, Android.
VVB
newbie
Activity: 3
Merit: 0
In what blockchain will this game be available?
full member
Activity: 476
Merit: 121
The construction of the tower is an original idea. Very similar to the construction of the famous Tower of Babel. The main thing is that the fate of the project is more optimistic.
copper member
Activity: 125
Merit: 0
dev team


Cryptower - a game simulating the behavior of traders in financial markets

If you’ve read the description, please vote regardless of your opinion - it is very important for us to gage the interest. Also, please feel free to ask any questions.


Cryptower - a game that allows you to simulate price fluctuations, traders’ behaviour and formation of price patterns. An infinite number of players can participate in the Cryptower game and anyone can enter or exit the game at any time.


Description
 
The goal of the game is to make a profit by building a tower. Each player must add at least one building block level to the height of the tower - this simulates a buy. To add a level to the tower, a player must deposit a number of tokens that is equal to the current height of the tower in levels plus one (1). A player can also remove levels from the top of the tower - this simulates a sell. When a player removes a level, he/she receives tokens equaling the height of the tower (in levels) at the current moment. At most, a player can remove only the number of levels that he/she built and not yet removed (2). To end the game a player removes all the levels that he/she previously built.
The value of the top level is exactly the same as the number of floors in the tower and the total value of the tower is determined by a defined formula (3).
The game makes economic sense, because players who earn tokens will be able to sell them for profit on an exchange (in the future).

All the formulas are described in Appendix III and more detailed rules of the game are in Appendix II.

The study of price fluctuations is very interesting and the price fluctuations of the tower will resemble price fluctuations in the stock market. For analysis and prediction of fluctuations, technical analysis can be used, the same as that used to analyze and predict fluctuations for stock prices, indices and other assets. In financial markets, the behavior of prices is subject to various fundamental laws, and in the game Cryptower everything is simplified to the behavior of a crowd.
 

Appendix I: Detailed rules of the game
 
  • The object of the game is to make a profit by building a tower;
  • The number of players is unlimited;
  • The height of the tower is equal to the number of levels in it;
  • A player can build one or more levels;
  • A player can only remove the number of levels he/she has previously built;
  • A player can either build or remove levels in one turn, but not both;
  • Players do not have to wait their turn; whoever makes the move first goes first.
  • There is a maximum number of level a player can build at any one time. At the very beginning of the game, you can build only one level, but starting with n > 1 (where n is the number of levels in the tower), you can build no more than the integer part of the binary logarithm n;
  • In order for a player to build a level, the player must put tokens in the amount equal to the height of the tower plus one token;
  • When a player removes a level, he/she receives tokens equaling the height of the tower (number of floors) at the current moment.
  • When a player removes a level, the tokens are credited to the player’s personal account.
  • If a player leaves the game, all his levels are sold and he receives tokens in an amount equal to the price of the levels as determined by the tower ‘s height;


Annex II: Formulas
 
Ma = s + s * (s + 1) / 2 (1),
 
where Ma is the number of tokens that the player must deposit,
s is the number of levels that a player wants to build,
h is the height of the tower,
new tower height h = h1 + s

 
Mp = s * h-s * (s-1) / 2 (2),
 
where Mp is the amount of money that a player receives from the bank,
new tower height h = h1-s

 
C = h * (h + 1) / 2 (3),
 
where C is the amount of money in the bank, depending on the height of the tower.
 
 
Annex III: Interface
 
Each player has a private account, where the following functionality is available:
 
  • Wallet with tokens;
  • Replenishment of the wallet;
  • The amount of money in a common bank for each tower;
  • The maximum number of levels the player is allowed to build currently;
  • Number of levels built by the player in the tower (those that can be removed);
  • Interface for building / removing levels;
  • History of price changes of the tower.


Tokens
 
The token in the game Cryptower is used as internal currency and is an ERC20 token. Tokens are used to build the tower. They can be bought, exchanged or sold. In the future tokens will be listed on exchanges and depending on demand, and the number of players in the game their price may vary. In the game the rate is locked-in at 1 token for 1 building level.
 
 
If you are interested in the game, you can join the group: https://t.me/cryptowergame
Article on Medium: https://medium.com/@cryptower/description-and-analysis-of-cryptower-game-7c86e2f79d4a
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