Topic: ★★★ GameCredits - The future of in-game monetization ★★★ - page 115. (Read 550126 times)

So the crowdfund will begin on April 25th and run for about a month. The GameCredits Store will launch around that same time in the spring. The launch of the GameCredits Store is entirely realistic, since it is already completed is just in the final stages of game integration and minor bug testing.

MobileGo will not launch on the store this spring. It will obviously need to be developed since it just hit the market days/months earlier. Over the summer you will begin to see aspects of MobileGo added to the store. MobileGo development will continue into late 2017 to 2018. During all of that time however, the GameCredits Store will have been launched and gathering players.

How far is the progress in MobileGo? Is the launch dat realistic?

dont listen to this guy. he supports ionomy which is run by in competent devs that sang praises to josh garza as customers for xpy. hes clueless. ionomy teams transparency is less than steller and they had to reclone their coin under transfer coin due to stability and being unable to fix and bittrex refused to list till stable. ask himback why hes questioning game credits compared to augmentors and not ion team the sam question.

Thanks Jack, Very Kool , As I always say down here in the south.

"It don't get no better than this"

That is exactly what is going on here . That is why we are creating MobileGo, glad you see our vision!

OK, Let me see IF I understand this correctly.

FIRST OFF, I had to look up the definition of a "Smart Contract". Here is a short version:

Smart contracts also known as a smart property are computer protocols that facilitate, verify, or enforce the negotiation or performance of a contract, or that make a contractual clause unnecessary. Smart contracts often emulate the logic of contractual clauses. Proponents of smart contracts claim that many kinds of contractual clauses may thus be made partially or fully self-executing, self-enforcing, or both. Smart contracts aim to provide security superior to traditional contract law and to reduce other transaction costs associated with contracting.
-----------
With emphasis on the smart contract, 2 players can before starting a contest each put up say $20 to the winner(let's call it an escrow), and the winner of the contest will automatically(Fully Self-Executing, Smart Contract) be awarded the $20 that was put up in the escrow.

Now if I  understand this correctly Game Credits cannot perform Smart Contracts such as the MobileGo coin. So in other words players can gamble money on their ability to win such a contest.

Is this correct ?

IF So, then wow, because that is Peer to Peer gambling

Again IF this is the case, THEN I will have to buy more Game Credits, I simply do not own enough.

----------


You already have GameCredits / GAME - why release another token?
[/quote]
We've gotten this question many times.

GameCredits doesn't run smart contracts. That means decentralized player run tournaments (players awarding other players for winning), virtual item exchange, and peer to peer match play (where one player says if you win I'll pay you 20$) aren't possible with GameCredits.

Rather than miss out on these billion dollar markets, we decided to create a coin that would enhance the functionality of the GameCredits Store. By creating MobileGo we are effectively increasing the market possibility of the Mobile Store, ultimately drawing in more players who will only be able to use GameCredits to buy games and in-game items. At the same time MobileGo will allow us to create a massive marketing fund for the GameCredits Store. Half of all funds raised during MobileGo will go to acquiring millions of gamers to the GAME Store. This whole process will begin this spring directly after the launch of the mobile store. Creating MobileGo will both increase the popularity of GameCredits and create one stop (the GameCredits Store) for every new and exciting feature of the mobile gaming industry.
[/quote]

We've gotten this question many times.

GameCredits doesn't run smart contracts. That means decentralized player run tournaments (players awarding other players for winning), virtual item exchange, and peer to peer match play (where one player says if you win I'll pay you 20$) aren't possible with GameCredits.

Rather than miss out on these billion dollar markets, we decided to create a coin that would enhance the functionality of the GameCredits Store. By creating MobileGo we are effectively increasing the market possibility of the Mobile Store, ultimately drawing in more players who will only be able to use GameCredits to buy games and in-game items. At the same time MobileGo will allow us to create a massive marketing fund for the GameCredits Store. Half of all funds raised during MobileGo will go to acquiring millions of gamers to the GAME Store. This whole process will begin this spring directly after the launch of the mobile store. Creating MobileGo will both increase the popularity of GameCredits and create one stop (the GameCredits Store) for every new and exciting feature of the mobile gaming industry.

You already have GameCredits / GAME - why release another token?

Thanks Jack.  Sorry for the the poor wording.  You answered my question.  Yes.  Buying BTC w/ credit cards is bad. 

I'm not sure if I understand the wording of your first question. But we currently offer the ability to purchase GameCredits with Bitcoin in our wallet and are waiting to add support to other coins as well.

To your second question. We are reducing the credit card fees as much as possible, however purchasing with Credit Cards will always be more expensive than purchasing with bitcoin. When we allow credit card purchases, we are taking on a hefty fee ourselves. Our proprietary system also has to deal with trading fees on Poloniex and other exchanges because we take all credit card purchases and use them to fill sell orders. With that said, we have managed to get the fee down as low as 4-7% depending on each purchase. For buying cryptocurrencies with a credit card this isn't bad, but we do strive to get it lower.

With that said, extensive market research has shown that gamer purchases will not be affected by a higher fee. Because of this we still feel GameCredits will be the best form of in-game payment on the market.

New Miningpool for Gamecredits + 8 mergecoin

https://granatgas-pool.info

support payment only game and dash


.......HAPPY MINING.....

GAME longterm hodler here.  I have a small position.  My question:  could one indirectly buy BTC or other coins using a credit card to buy GAME and then exchanging?  Also, would the fees be lower than traditional fees associated w/ buying BTC w/ credit cards?  If so, that would be a plus for GAME I would think although it might make it more of an enforcement target if it became popular.

Excellent offer, it will result in GameCredits cost increase. We need to more actively disseminate this information.

I like your words, they make me buy more!! I too don't understand this dip as was said a few comments above.. any explanation? Btc rising, but so are most other coins
[/quote]

Markets are volatile but buying a solid business at a fair price is all you can ask for. Although coins/tokens aren't ownership but I assume the value will increase once it goes live. Hold long term.

I've said this time and time again. People have a tendency to overlook niche (but massive) markets. When we hear about blockchain we instantly think of the trillions of dollars transacted every year, and the size a coin could grow to if it caught just 1% of all those transactions. However, this mindset is limiting. If we instead think of the individual sectors that could be vastly improved with blockchain tech, we can see real world applications that can manifest in a much shorter amount of time. I believe this is the future of GameCredits. However, people want quick profits that are caused by strategic marketing campaigns for products that don't even do anything yet. This is nearly all of the top 50 cryptocurrencies out there. Over the last 2 months GameCredits has provided more developments than any period of time in it's three year existence. Our chart over the last three years shows tremendous growth, but our BTC price has not risen in six months (although in dollars we're up 10 cents in that amount of time). But even with this negativity comes a tremendous positive our dedicated community never fails to see. Eventually the coins that will reign on top will be the ones with real world applications. The ones that are closest to being used by the masses. I'm confident that GameCredits is among the closest to this outcome. Just remember, BTC went from ~25 to 2 dollars in 2011 before it became noticed for it's real world applications.

I like your words, they make me buy more!! I too don't understand this dip as was said a few comments above.. any explanation? Btc rising, but so are most other coins

I think people are very quick to assume we're a pump and dump, and that we aren't successfully doing anything in the gaming space. However, that is simply not true. We're developing everyday.

In the end of the day, our goal isn't to revolutionize the way crypto enthusiasts trade. It's to revolutionize in-game economies and become a huge player in the over 100 billion dollar gaming industry.

This has a lot of potential. I see why iconomi now has you guys in their portfolio. I could see players going nuts spending gamecredits just to beat another player. I will probably put 20% of my game into mobilego. Hopefully you guys give 15% more back so its almost double the amount. I will definitely be a gamecredits hoarder now. I don't understand the dip but I think i am entering at a nice discount.