It would be good to have an update on this thread too not only on twitter.
PROMO VIDEO
https://www.youtube.com/watch?v=mwQlk7E4ihc
Topic: DataBits - New in-game Token Sale on 30 Jan 2017! - page 2. (Read 15527 times)
It would be good to have an update on this thread too not only on twitter.
PROMO VIDEO
https://www.youtube.com/watch?v=mwQlk7E4ihc
It would be good to have an update on this thread too not only on twitter.
Any Update? 
It would be good to have the exchange links in the ANN post.
It's forming a nice bottom around here it seems, let's see
BTFD, hodl and wait for alpha release, polo add (polo loves gamecoins) and Vinny hype. Lets get more rich together 
Wow now, a very high value~
So let me understand, will there be a real money auction house to buy creatures from others?
Any bounty campaign like signcamp, social network campaign etc dev???
i havent read the entire thread thoroughly but interesting project. i have played some CCG before. I missed the ICO on this one. when is the ETA of game launch? thanks and goodluck dev team on this project!
18k satoshi? 
5k is the max for this project
5k is the max for this projectwhat do you meant about 5k coin the max for this project
total databits coin is 100 million not 5k coin , or equal 4.7k bitcoin in ico selling or marketcap suply
This is incorrect, see Geenstijl's post above.
They only raised about 895
The remaining 78 million or so DataBits will supposedly be burned at some point, this is yet to be confirmed (if they have been burned) though.
They also received some investment capital from their appearance on Shark Tank South Africa according to their website, so they may be working with more than 1 million USD, but the tokens should remain as explained above. So thinking of this only from a cryptocurrency perspective, the new max coin supply is pretty much in-line with Bitcoins, so valuing this at only 5,000 satoshis, or 5 cents each seems rather low. I guess it depends on how big of an impact their game will make on the market. Myself, I see a lot of other alts based upon far less and they have much larger market valuations.
--EDIT-- I said 1,000 BTC above originally, but according to their twitter they actually raised 895 BTC. I am assuming they sold while BTC was $1,118 or higher, as they claim they still reached their $1 million USD goal. Just wanted to have all of the correct facts out there.
--EDIT 2-- Reading the quote more closely, it appears Vinny Lingham only invested 500,000 ZAR, or roughly 59 bitcoins (~$60,000), for 20% of the business. Relevant quote from the article below:
Quote
Shark Tank has recognized the huge potential of Augmentors, as the first Blockchain-based augmented reality game in existence. One of the five sharks is Vinny Lingham, a South African entrepreneur known for a string of companies including Gyft, Yola and now blockchain startup Civic. He also happens to be one of the most vocal supporters of bitcoin, having incorporated it into past products.
Joining Vinny on the deal is Gil Oved, he is the group co-CEO of The Creative Counsel, the largest African advertising agency. He is also a board member on South Africa’s second biggest venture capital tech fund, Grotech, giving him insight into South Africa’s most exciting venture capital companies.
In the clip, made available online by television network M-Net, Lingham tells the Augmentors founders: “The problem you’re trying to solve around creating rarity … can better be solved by using the bitcoin blockchain. So, my offer will be 500,000 ZAR, or roughly 59 bitcoins, for 20% of your business.” Vinny explained he was given confidence in his investment by the success of games like Spells of Genesis, a trading card game that integrates a blockchain-based token.
Joining Vinny on the deal is Gil Oved, he is the group co-CEO of The Creative Counsel, the largest African advertising agency. He is also a board member on South Africa’s second biggest venture capital tech fund, Grotech, giving him insight into South Africa’s most exciting venture capital companies.
In the clip, made available online by television network M-Net, Lingham tells the Augmentors founders: “The problem you’re trying to solve around creating rarity … can better be solved by using the bitcoin blockchain. So, my offer will be 500,000 ZAR, or roughly 59 bitcoins, for 20% of your business.” Vinny explained he was given confidence in his investment by the success of games like Spells of Genesis, a trading card game that integrates a blockchain-based token.
So it remains unclear if Vinny gets his cut now, or essentially takes $200,000 from the ICO, or if he is in it to the end. Either way, I am sure they needed the inital seed money to get this far, as clearly there is more development going on than just the DataBits portion. I am still excited about the project and its incorporation of a blockchain token.
So 21 million tokens in circulation, would give this coin a current marketcap of 3-4 million ? Well, looks like a neat project regardless, first Bittrex coin I have bought in awhile.
18k satoshi? 5k is the max for this project
5k is the max for this projectwhat do you meant about 5k coin the max for this project
total databits coin is 100 million not 5k coin , or equal 4.7k bitcoin in ico selling or marketcap suply
This is incorrect, see Geenstijl's post above.
They only raised about 895
The remaining 78 million or so DataBits will supposedly be burned at some point, this is yet to be confirmed (if they have been burned) though.
They also received some investment capital from their appearance on Shark Tank South Africa according to their website, so they may be working with more than 1 million USD, but the tokens should remain as explained above. So thinking of this only from a cryptocurrency perspective, the new max coin supply is pretty much in-line with Bitcoins, so valuing this at only 5,000 satoshis, or 5 cents each seems rather low. I guess it depends on how big of an impact their game will make on the market. Myself, I see a lot of other alts based upon far less and they have much larger market valuations.
--EDIT-- I said 1,000 BTC above originally, but according to their twitter they actually raised 895 BTC. I am assuming they sold while BTC was $1,118 or higher, as they claim they still reached their $1 million USD goal. Just wanted to have all of the correct facts out there.
--EDIT 2-- Reading the quote more closely, it appears Vinny Lingham only invested 500,000 ZAR, or roughly 59 bitcoins (~$60,000), for 20% of the business. Relevant quote from the article below:
Quote
Shark Tank has recognized the huge potential of Augmentors, as the first Blockchain-based augmented reality game in existence. One of the five sharks is Vinny Lingham, a South African entrepreneur known for a string of companies including Gyft, Yola and now blockchain startup Civic. He also happens to be one of the most vocal supporters of bitcoin, having incorporated it into past products.
Joining Vinny on the deal is Gil Oved, he is the group co-CEO of The Creative Counsel, the largest African advertising agency. He is also a board member on South Africa’s second biggest venture capital tech fund, Grotech, giving him insight into South Africa’s most exciting venture capital companies.
In the clip, made available online by television network M-Net, Lingham tells the Augmentors founders: “The problem you’re trying to solve around creating rarity … can better be solved by using the bitcoin blockchain. So, my offer will be 500,000 ZAR, or roughly 59 bitcoins, for 20% of your business.” Vinny explained he was given confidence in his investment by the success of games like Spells of Genesis, a trading card game that integrates a blockchain-based token.
Joining Vinny on the deal is Gil Oved, he is the group co-CEO of The Creative Counsel, the largest African advertising agency. He is also a board member on South Africa’s second biggest venture capital tech fund, Grotech, giving him insight into South Africa’s most exciting venture capital companies.
In the clip, made available online by television network M-Net, Lingham tells the Augmentors founders: “The problem you’re trying to solve around creating rarity … can better be solved by using the bitcoin blockchain. So, my offer will be 500,000 ZAR, or roughly 59 bitcoins, for 20% of your business.” Vinny explained he was given confidence in his investment by the success of games like Spells of Genesis, a trading card game that integrates a blockchain-based token.
So it remains unclear if Vinny gets his cut now, or essentially takes $200,000 from the ICO, or if he is in it to the end. Either way, I am sure they needed the inital seed money to get this far, as clearly there is more development going on than just the DataBits portion. I am still excited about the project and its incorporation of a blockchain token.
is it ETHbit twin 
? Now days alot of game coin releasing.. What happening? Round,firstblood,gamecredits,databits.
? Now days alot of game coin releasing.. What happening? Round,firstblood,gamecredits,databits. 18k satoshi? 5k is the max for this project
5k is the max for this projectwhat do you meant about 5k coin the max for this project
total databits coin is 100 million not 5k coin , or equal 4.7k bitcoin in ico selling or marketcap suply
Thank you guys for a awesome game! not to mention a nice fat bonus for my bitcoins. 
18k satoshi? 5k is the max for this project
5k is the max for this project
Hi!
I participated in this ICO few weeks ago, but dont remember the way the tokens were going to be distributed. I just had in my mind that i should check my counterparty wallet once they were released. Did the ICO required posting a different BTC address to receive the tokens? I just checked my counterwallet and havent got any yet and since the tokens are already trading im wondering if i did correctly. I sent for ICO from Electrum wallet but was confident i should just check counterwallet. Am i good? Or will the tokens be distributed to sending BTC address? I still have control of the electrum wallet, so i guess i shouldnt worry much, but still would like to know if the tokens have already been distributed.
I participated in this ICO few weeks ago, but dont remember the way the tokens were going to be distributed. I just had in my mind that i should check my counterparty wallet once they were released. Did the ICO required posting a different BTC address to receive the tokens? I just checked my counterwallet and havent got any yet and since the tokens are already trading im wondering if i did correctly. I sent for ICO from Electrum wallet but was confident i should just check counterwallet. Am i good? Or will the tokens be distributed to sending BTC address? I still have control of the electrum wallet, so i guess i shouldnt worry much, but still would like to know if the tokens have already been distributed.
22K isn't high for a new altcoin?
It's all relative. The ICO price ranged from 6.67K to 10k each, so a first day trading price of roughly 2x the ICO price isn't unheard of. I am sure the price will fluctuate a lot in the coming days and even go down more, indeed it already has been as low as 13.6k on Bittrex.
But short-term price is nothing compared to the long-term potential. If they can deliver the game and it gains traction, even 22k will be considered low.
max supply?
"We have created 100 000 000 (one hundred million) Databits in total, allocating 70% of that towards a Token Sale (which forms part of a crowdfunding campaign). The remaining 30% will be split and used to create awareness, promotion and development for the game. The Databits will be locked, meaning no more Databits can ever be issued thereafter.
"
100 million is the supply with a 30% premine. I'll let you be the judge.
So the marketcap at actual prices on bitrex (22k SAT) is at 22k BTCs or 24.2 million USD. Not bad lol
Are you sure of Bittrex, I can't find it on Bittrex, even on coinmarketcap.com only TUXexchange was listed there. Please calrify this if the Bittrex news is true
Bittrex with ticker DTB. It's one the front page. Price is 18k satoshi's.
22K isn't high for a new altcoin?
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