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Topic: [ANN][OpenBeta] FirstBlood.io - Come Play!! 1ST Esports Competition Platform - page 59. (Read 124280 times)

member
Activity: 85
Merit: 10
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Yep. You could come to our slack and talk to us we will soon add our team page to our site.

*** Special Announcement***

Hi Guys,

We are happy to announce that FirstBlood Fans will be able to access our closed alpha starting next week! This will be available to anyone who’s signed up on our Slack group: https://firstbloodio.herokuapp.com/

Since starting this project, countless individuals from all over the world have come forward to translate, market, and even code, asking nothing in return except that we build a successful platform. We are blown away by this support and would love for our community to play a roll in FirstBlood’s continued development. This is why we have created a poll for all of you to select the first major eSports title that FirstBlood will support.

The choices are:

- League of Legends
- CS:GO
- Dota 2
- Hearthstone

There is also a write in option if your game of choice has not been listed.

Visit the link below to submit your vote:
https://firstblood.io/vote


Looking forward to seeing you on the battlefield! Vote and let the games begin!!  Grin

Sincerely,
The FirstBlood Team

I assume you have a written contract with RIOT for usage of their API for settling matches for gambling. Cause I'd LOVE to see that. Maybe together with an explanation to why you would use your own currency instead of Bitcoin for the project, and some assurances, linkedin accounts and quotes from your advisors and team.
hero member
Activity: 840
Merit: 500
*** Special Announcement***

Hi Guys,

We are happy to announce that FirstBlood Fans will be able to access our closed alpha starting next week! This will be available to anyone who’s signed up on our Slack group: https://firstbloodio.herokuapp.com/

Since starting this project, countless individuals from all over the world have come forward to translate, market, and even code, asking nothing in return except that we build a successful platform. We are blown away by this support and would love for our community to play a roll in FirstBlood’s continued development. This is why we have created a poll for all of you to select the first major eSports title that FirstBlood will support.

The choices are:

- League of Legends
- CS:GO
- Dota 2
- Hearthstone

There is also a write in option if your game of choice has not been listed.

Visit the link below to submit your vote:
https://firstblood.io/vote


Looking forward to seeing you on the battlefield! Vote and let the games begin!!  Grin

Sincerely,
The FirstBlood Team

I assume you have a written contract with RIOT for usage of their API for settling matches for gambling. Cause I'd LOVE to see that. Maybe together with an explanation to why you would use your own currency instead of Bitcoin for the project, and some assurances, linkedin accounts and quotes from your advisors and team.
member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg
member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg
can see faces attached to the project feel a bit more secure about it

Doesn't matter at all good projects prove themselves. Satoshi had no face and bitcoin is king.

That's true.
hero member
Activity: 785
Merit: 502
can see faces attached to the project feel a bit more secure about it

Doesn't matter at all good projects prove themselves. Satoshi had no face and bitcoin is king.
member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg

The pre-allocation is explained in our white paper and founder's allocation won't be available until a year later.

"Tokens are pegged to ETH value (1 ETH: 100 FBT)"
Hmmm.

Will this peg (1 ETH: 100 FBT) be always available to exchange ETH to FBT? I mean after project lunches in 2017, 2018 and so on?
How about covering back FBT to ETH?

The whole amount of  FBT tokens in circulation will be:

A+B+C

A) FBT converted from EHT during crowd sale
and
B) FBT 10mln
7,500,000 Funding team + 2,500,000 promotion fund=10mln
and
C) FBT  converted from EHT after project lunches

Right?


member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg
It was not clear to me how you are going to ensure this ETH/FBT 1:100 ratio. Is it going to be like a put? I mean: anyone with 100 FBT would have the right to exchange it for 1 ETH? If so, who would be the counterparty?

No it won't behave like a put. The ratio we are referring to simply means during the crowdsale process we will end up the conversion rate at level to exact 1:100 ratio.
member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg
@All

Unofficial Chineses QQ Group:
108972650

中文用户我们的非官方QQ谈论群是:
108972650

thanks,

i really like your idea and put a brief thought about Firstblood on my blog.

http://btc12.com/firstblood-smartcontractbasedesportsplatform/

enjoy and good luck.




Thank you! Appreciate it!

http://ethfans.org/topics/647
legendary
Activity: 1330
Merit: 1000
@All

Unofficial Chineses QQ Group:
108972650

中文用户我们的非官方QQ谈论群是:
108972650

thanks,

i really like your idea and put a brief thought about Firstblood on my blog.

http://btc12.com/firstblood-smartcontractbasedesportsplatform/

enjoy and good luck.

member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg
@All

Unofficial Chineses QQ Group:
108972650

中文用户我们的非官方QQ谈论群是:
108972650
member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg
can see faces attached to the project feel a bit more secure about it

Absolutely! Our team can be found on our site when you click any pitch deck -- we will put our team information on our website later next week as well. Come talk to us @ slack.firstblood.io
legendary
Activity: 973
Merit: 1053
can see faces attached to the project feel a bit more secure about it
hero member
Activity: 966
Merit: 507
It was not clear to me how you are going to ensure this ETH/FBT 1:100 ratio. Is it going to be like a put? I mean: anyone with 100 FBT would have the right to exchange it for 1 ETH? If so, who would be the counterparty?
member
Activity: 72
Merit: 10
Quote
To answer question B -- that applies to all crypto currencies.

If B) is the case then I will draw these conclusions:

1) "final price will be more or less 1 ETH: 100 FBT" - this was not accurate statement. Nobody knows what price will be after crowd sale ends and  trade on exchanges opens. The only way to "know" is to keep the peg (1ETH: 100FBT)... but yes - it makes little scene AFTER  crowd sale.
2)  on August 23, 2016, 10:33:59 PM post you approved that C) was correct assumption
Quote
C) FBT  converted from EHT after project lunches:
>>
Quote
Bingo! Your calculation is correct  Cheesy
Now I am back to this >> C)  >> it appears that actually I will NOT be able to CREATE new FBT  from  EHT after project lunches.
And this thought leads me to another >> that actually we will have hard (fixed) supply of FBT tokens after project lunches
and the only uncertainty for now is how much EHT will be converted during crowd sale and FBT created as a result.


P.S.
firstblood.io Newbie - Thank you for your time and answers! Smiley
I am sorry if my English is poor and some sentences could be difficult to understand.
member
Activity: 85
Merit: 10
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To answer question B -- that applies to all crypto currencies.

Each FBT being held by the user, witness or jury have the ability to collect future cashflow ("FCF") by 1) actively voting and using the platform 2) or running a witness node which could be very much reason the price being traded at premium after the crowdsale. The value of FBT will likely to depend on the level of participation, whether you're running a node and growth of the network.


Quote
Yes! FBT will be available to exchange for ETH and other digital currencies on both decentralized and centralized exchanges soon after launch in 2017. The price may fluctuate slightly because of changes in supply and demand/exchange fees but the final price will be more or less 1 ETH: 100 FBT.

Bingo! Your calculation is correct  Cheesy

I have read these lines (above) 4 times but still I am not sure... My main concern is:
A) Will you keep this peg (1 ETH: 100 FBT) artificially? Artificially I mean anybody in 2018 who have 1 ETH
will be able (on your platform, smart contract etc.) to convert 1 ETH  to 100 FBT automatically, guaranteed, no questions asked. Yes or no? or...
B) This peg (artificially fixed conversion rate) will NOT be available in 2018, 2019 and so on. If this is the case then nobody knows what the conversion rate will be in 2019, because everything will depend purely on exchange rates and free market. It could be 1:50  1:10 or 1:300 and so on.
member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg
To answer question B -- that applies to all crypto currencies.

Each FBT being held by the user, witness or jury have the ability to collect reward by 1) actively voting and using the platform 2) or running a witness node which could be very much reason the price being traded at premium after the crowdsale. T

Quote
Yes! FBT will be available to exchange for ETH and other digital currencies on both decentralized and centralized exchanges soon after launch in 2017. The price may fluctuate slightly because of changes in supply and demand/exchange fees but the final price will be more or less 1 ETH: 100 FBT.

Bingo! Your calculation is correct  Cheesy

I have read these lines (above) 4 times but still I am not sure... My main concern is:
A) Will you keep this peg (1 ETH: 100 FBT) artificially? Artificially I mean anybody in 2018 who have 1 ETH
will be able (on your platform, smart contract etc.) to convert 1 ETH  to 100 FBT automatically, guaranteed, no questions asked. Yes or no? or...
B) This peg (artificially fixed conversion rate) will NOT be available in 2018, 2019 and so on. If this is the case then nobody knows what the conversion rate will be in 2019, because everything will depend purely on exchange rates and free market. It could be 1:50  1:10 or 1:300 and so on.
member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg
As I understand Funding Team will not be able to sell their 7,5mln FBT for 12 month period starting from that date? Or I am wrong? How are you going to ensure this? 

Will it be possible to see those addresses via block explorer where these 7,5mln FBT is (after crowdsale)?



It's secured by the smart contract and code is viewable under our github.

https://github.com/firstbloodio
member
Activity: 85
Merit: 10
https://i.imgur.com/pqBLuhb.jpg
In FirstBlood White Paper.pdf
>
Disclaimer
>
Is section called:

"12) Risk of FBŦ Mining Attacks"
Hmmm if there is no mining - how this mining Attacks could occurre ? :-)



FBT is built on top of ethereum thus it could be subjected to mining attack inherited from the 'mother' chain.
hero member
Activity: 1039
Merit: 510
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