Wow, great news!
Wurm Online is a nice game btw, a huge sandbox where you can build what you want and also "terraform" the world (dig, level etcetc the terrain, make hills, remove hills, plant trees, cut trees...etc)
Topic: CoinLab obtains $500k in seed funding - page 4. (Read 6674 times)
good news: this might actually work out.
bad news: it doesnt help bitcoin more than any other mining operation.
bad news: it doesnt help bitcoin more than any other mining operation.
False. It shows two important things - that Bitcoin can be used for creative things and that investors are recognizing this. Very good for Bitcoin.
bitcoin isnt used. its only mining, no actual use of the currency.
the whole "idea" is as far removed from being creative as possible. its the most basic way of earning money off bitcoin and doesnt require any investor to recognize more than the possibility that bitcoin might stick around for a while.
Quote
Vessenes estimates that the average gamer will generate 50 cents to $2 per day for the game companies by making that computing power available, working out to more than $15 per gamer per month.
Let's see how their numbers work out when ASIC mining becomes available.
False. It shows two important things - that Bitcoin can be used for creative things and that investors are recognizing this. Very good for Bitcoin.
Exactly!
good news: this might actually work out.
bad news: it doesnt help bitcoin more than any other mining operation.
bad news: it doesnt help bitcoin more than any other mining operation.
False. It shows two important things - that Bitcoin can be used for creative things and that investors are recognizing this. Very good for Bitcoin.
good news: this might actually work out.
bad news: it doesnt help bitcoin more than any other mining operation.
bad news: it doesnt help bitcoin more than any other mining operation.
You can't short it. It is privately held.
So basically this is a webcl mining software (only available in google chrome beta) with obfuscated javascript tied in to prevent "free" access to the games.
I have only one question: Where can I short it?
I have only one question: Where can I short it?
It's probably a bit more well thought out than that.
Maybe.
But the principle is the same and the question remains.
So basically this is a webcl mining software (only available in google chrome beta) with obfuscated javascript tied in to prevent "free" access to the games.
I have only one question: Where can I short it?
I have only one question: Where can I short it?
It's probably a bit more well thought out than that.
So basically this is a webcl mining software (only available in google chrome beta) with obfuscated javascript tied in to prevent "free" access to the games.
I have only one question: Where can I short it?
I have only one question: Where can I short it?
This is good news on so many different levels! 
Way to go!
Way to go!
Two cool pieces of news in this:
1) CoinLab obtained $500k in seed funding in Seattle.
2) They figured out an interesting new business model for monetizing "free to play" games.
http://www.geekwire.com/2012/bitcoin-startup-coinlab-lands-funding-tim-draper-monetize-games/
1) CoinLab obtained $500k in seed funding in Seattle.
2) They figured out an interesting new business model for monetizing "free to play" games.
http://www.geekwire.com/2012/bitcoin-startup-coinlab-lands-funding-tim-draper-monetize-games/
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