What is the difference between Dmarket and Skincoin ? They both look same.
The guys are trying to run a cryptocurrency startup where it isn’t needed. Everything is working just fine. There are a lot of similar projects aiming to attract attention and investment by juggling such buzzwords as "cryptocurrency," "blockchain," and "eSports."
By creating DMarket, we are solving a different issue. We are founding an ecosystem for trading in-game items from any game and any gaming platform. More than two million gamers will be able to buy, exchange and estimate the cost of their items. Without blockchains, we at DMarket wouldn’t be able to connect thousands of game developers and millions of gaming universes worldwide. This is a brand new cluster of the world economy. Every gamer will become an owner of real assets!
If you think Skincoin doesn't need to be crypto startup, what makes your project so different that you would need to be crypto startup?
And what do you think your main advantages over other competition are. Like WAX for example.
Quote from your website:
To resolve the problem we are using decentralized database on blockchain.
Could you explain how will you host a database on blockchain?
Hey bjumb! First off, thanks for asking questions! Those ones are very interesting and we hope that our answer will clear things out for all the investors.
Let us start with the first one:
"what makes your project so different that you would need to be crypto startup?"We have a completely different business model: DMarket is a whole a new platform that opens up a lot of opportunities for both businesses and gamers.
We're in talks with major world game developers and publishers in a bid to allow gaming industry (gamers being a top priority, of course) to trade items from different games effectively. With our API, publishers can actually transfer virtual items to the blockchain, which make you OWN those items. Most of the time, gamers don't exactly own items earned playing their favorite games. There's always a third party that sets rules of trading for all the gamers.
When the game developer adds our API to a certain game title, in-game items become real, meaning a gamer can exchange, trade or evaluate the price of the item.
Having that in mind, we're building our own marketplace, where players can exchange and sell in-game items BETWEEN different games freely. Let's say you want a new armor for your tank and are willing to sell or exchange some skins from your favorite MOBA. On DMarket, you can do this almost in one click.
As true proponents of decentralization and the spirit of the free market, we're going to open our API to other trading platforms, so they can benefit from our technology as well. Gaming community, however, will benefit the most: with us, you will own your items. No ifs and buts.
Last but not least: we will also offer our API to literally any marketplace out there. Just imagine the world where you can trade your sword on Amazon, eBay or taobao, while getting anything from real life: new gaming peripherals, cloth, anything. Truth be told, this is our ultimate goal.
"And what do you think your main advantages over other competition are..."We don't compare ourselves to any other project. Facts work for us.
If you're wondering, what makes DMarket solid:
1. DMarket is created for the gaming community, that’s why we're selling 85% of the total amount of tokens. Other projects usually sell up to 50% of the total amount of tokens, which give them tools to control the market and the investors.
2. We do not offer any discounts or bounties, treating each investor equally. Numerous ICO projects, on the other hand, use the following token sales to cover discounts given during presales.
3. Most and foremost we already have a fully functioning blockchain, the Alpha and testnet versions will be released in the following days (before October 30th).
4. Some projects that find themselves as our competitors, won't be able to deliver, as it is technologically impossible to bring their ideas to life as of now.
Could you explain how will you host a database on blockchain?"Do you mean the database we use in the node? If yes, then we are using levelDB and will transfer on rocksDB.