Author

Topic: ★★★ GameCredits - The future of in-game monetization ★★★ - page 121. (Read 550126 times)

sr. member
Activity: 630
Merit: 252
Game ICO? What does that means?
The MobileGo crowdfund is being used a marketing fund to get millions of gamers onto the GameCredits Store. As well as create a decentralized part of the Store where gamers can exchange items, run tournaments themselves, and play against eachother. These features all use a new token called mobilego since GameCredits can't run smartcontracts. However, GameCredits is still the ONLY coin used for in-game purchases and game purchases. MobileGo will just help bring millions of people to the store to use GameCredits.

So it will use $GAME for payment?
Yes. GameCredits will be the only coin used for in-game payments and game payments. You can see that process in this youtube video we uploaded: https://www.youtube.com/watch?v=hQQPI2PcJV4

In fact the GameCredits Store will launch months before MobileGo is integrated on the platform. During those months we will use half of MobileGo funds to market the store and get millions of players to join before the end of 2017.
legendary
Activity: 3752
Merit: 1415
This is getting more interesting as each month passes.  Excited to see a store powered by crypto.  Seems like a perfect fit and GAME is going about it right.  Keep it up guys, nice work
legendary
Activity: 1386
Merit: 1001
Game ICO? What does that means?
The MobileGo crowdfund is being used a marketing fund to get millions of gamers onto the GameCredits Store. As well as create a decentralized part of the Store where gamers can exchange items, run tournaments themselves, and play against eachother. These features all use a new token called mobilego since GameCredits can't run smartcontracts. However, GameCredits is still the ONLY coin used for in-game purchases and game purchases. MobileGo will just help bring millions of people to the store to use GameCredits.

So it will use $GAME for payment?

Yep
sr. member
Activity: 448
Merit: 250
Game ICO? What does that means?
The MobileGo crowdfund is being used a marketing fund to get millions of gamers onto the GameCredits Store. As well as create a decentralized part of the Store where gamers can exchange items, run tournaments themselves, and play against eachother. These features all use a new token called mobilego since GameCredits can't run smartcontracts. However, GameCredits is still the ONLY coin used for in-game purchases and game purchases. MobileGo will just help bring millions of people to the store to use GameCredits.

So it will use $GAME for payment?
legendary
Activity: 2366
Merit: 2054
Our livestream with COO Alex Migitko went incredibly well! He spoke about a new partnership with IBM, and many aspects of the GameCredits Store and MobileGo.

You can watch the whole stream here: https://www.youtube.com/watch?v=N1QEDGxXLbs

The GAME is on!

Nice shares :-) , This increases the confidence of gamers
sr. member
Activity: 630
Merit: 252
Our livestream with COO Alex Migitko went incredibly well! He spoke about a new partnership with IBM, and many aspects of the GameCredits Store and MobileGo.

You can watch the whole stream here: https://www.youtube.com/watch?v=N1QEDGxXLbs

The GAME is on!
sr. member
Activity: 630
Merit: 252
Game ICO? What does that means?
The MobileGo crowdfund is being used a marketing fund to get millions of gamers onto the GameCredits Store. As well as create a decentralized part of the Store where gamers can exchange items, run tournaments themselves, and play against eachother. These features all use a new token called mobilego since GameCredits can't run smartcontracts. However, GameCredits is still the ONLY coin used for in-game purchases and game purchases. MobileGo will just help bring millions of people to the store to use GameCredits.
sr. member
Activity: 448
Merit: 250
Game ICO? What does that means?
sr. member
Activity: 630
Merit: 252
How will value increase when the coins are only used for in game purchases. would be negative if price increases?
The value would increase because gamers have to buy GameCredits from our wallet using credit cards. All of those purchases fill the lowest sell orders on exchanges like polo. This will effectively create huge market pressure when we get gamers on board.

Also, price increases don't effect gamers. Items in-game will be priced in dollars. A sword worth 1 dollar will always be worth 1 dollar. However, if GameCredits goes up to a dollar it will cost less GAME to purchase a 1 dollar sword than before. Basically, gamers will get more purchasing power if the price of GAME increases.
sr. member
Activity: 630
Merit: 252
Tomorrow we will be holding a youtube livestream session where I interview COO Alex Migitko on common community questions on the future of GameCredits. We will also be discussing a new partnership Alex established with IBM. IBM was very interested in both our blockchain tech, and our focus on the gaming industry.

I encourage everyone to join us at 10:00 AM EST and 4:00PM CET. The live stream will be recorded as well.

The man in the photo with Alex (in the glasses on the left) is Bogdan Tomanovic https://www.linkedin.com/in/bogdan-tomanovi%C4%87-8b4ba111/

hero member
Activity: 896
Merit: 553
How will value increase when the coins are only used for in game purchases. would be negative if price increases?
sr. member
Activity: 630
Merit: 252

Everyone is more confused as before the ANN ob MobileGo!

If I understand it correct the MobileGo Token is only for the mobile shop and what happens with the GameCredits Store you can access from PC? It is not supprise
that some people are dumping the GAME Token and troll all around if you do not make the ecostytem clear!

From my understanding GAME is and was only for the value transfer into the Games FIAT <-> GAME; Crypto <-> GAME. It is just Bitcoin a store of value and transaction.

- on top you coded the GAME Store and announced it for month without any hind for the need of the new token (bad idea!).

- the new token gets some portion of the 10% fees you collect from the store and you can use this token to build new services to the Gamers. This is not possible with GAME because
it is a simple cryptocoin without programable codebase like Ethereum.

Questions:

1. How many stores will be running for the GameCredit Token? I do not understand if we will have 2 or more stores. 1 for mobile 1 for the web etc.

2. Why does the MobileGo Store needs GAME anyway? You just can use the new token and can switch anytime, and this is the real concern here, because this is not clear
- so, any promise that GAME will be used in the future and not be switched for the new token?
You're clearly super confused because a lot of what you said is entirely wrong.

GAMECREDITS IS THE ONLY COIN USED FOR IN GAME PURCHASES IN THE GAMECREDITS MOBILE STORE. I can't stress this fact enough.

The GameCredits store does NOT NEED MOBILEGO to function. We are fine without. Also the Mobile Store is just like google play or apple. It can exist on both PC's and Mobile Devices. Mobile gaming however is the FASTEST GROWING GAMING SECTOR BY A LOT so we are promoting it as a mobile store.

MobileGo will be a feature inside of the GAMECREDITS STORE. It will be used for a virtual item marketplace, tournament system, and peer to peer matchplay. These functions are ONLY POSSIBLE USING A SMART CONTRACT TOKEN LIKE MOBILEGO.

However, those features don't have anything to do with GameCredits. GameCredits is the coin gamers must use to buy in-game items and buy games on the store. This is explicitly said many many times.

Even if MobilleGo fails GAMECREDITS WILL STILL LAUNCH AS PLANNED. But why would we create MobileGo if it isn't technically necessary?
So we can use millions of dollars to market the GameCredits Store and get MILLIONS OF GAMERS TO START USING GAMECREDITS LIKE WE ALWAYS PLANNED. A marketing fund created with MobileGo would mean growing the Mobile Store 20 times faster than possible without such a fund. Also with the funds we can build the MobileGo virtual item system and create a billion dollar marketplace in the GameCredits Store. And all of these items will have been bought in the GAME Store games using GameCredits.



ok thanks!

now i read the whitepaper the 3rd time and finally i think i got it. My misunderstanding came from the presentation on mobilego.io there you state "The First Crypto-Centric Mobile Gaming Platform and Store For In-Game Purchases". And you show pictures from the GameCredits Store. So i got confused and thought you are launching for the mobile market a second store, but this is not the case!

- so to sum it up

- there is only 1 GameCredits Store - nothing changed!!!!

- for the next steps you needed a new token because you want to create p2p tournaments (like Firstblood), ingame marketplaces etc. nothing to do with the GameCredits Store, but something we can leverage on, if we have the games and the gamers already - got it!

Does this sound like it is now clear to me?

So a good opportunity to buy, but i am already invested to much in GAMES!
That sums up everything. So glad you understand now!
full member
Activity: 150
Merit: 100

Everyone is more confused as before the ANN ob MobileGo!

If I understand it correct the MobileGo Token is only for the mobile shop and what happens with the GameCredits Store you can access from PC? It is not supprise
that some people are dumping the GAME Token and troll all around if you do not make the ecostytem clear!

From my understanding GAME is and was only for the value transfer into the Games FIAT <-> GAME; Crypto <-> GAME. It is just Bitcoin a store of value and transaction.

- on top you coded the GAME Store and announced it for month without any hind for the need of the new token (bad idea!).

- the new token gets some portion of the 10% fees you collect from the store and you can use this token to build new services to the Gamers. This is not possible with GAME because
it is a simple cryptocoin without programable codebase like Ethereum.

Questions:

1. How many stores will be running for the GameCredit Token? I do not understand if we will have 2 or more stores. 1 for mobile 1 for the web etc.

2. Why does the MobileGo Store needs GAME anyway? You just can use the new token and can switch anytime, and this is the real concern here, because this is not clear
- so, any promise that GAME will be used in the future and not be switched for the new token?
You're clearly super confused because a lot of what you said is entirely wrong.

GAMECREDITS IS THE ONLY COIN USED FOR IN GAME PURCHASES IN THE GAMECREDITS MOBILE STORE. I can't stress this fact enough.

The GameCredits store does NOT NEED MOBILEGO to function. We are fine without. Also the Mobile Store is just like google play or apple. It can exist on both PC's and Mobile Devices. Mobile gaming however is the FASTEST GROWING GAMING SECTOR BY A LOT so we are promoting it as a mobile store.

MobileGo will be a feature inside of the GAMECREDITS STORE. It will be used for a virtual item marketplace, tournament system, and peer to peer matchplay. These functions are ONLY POSSIBLE USING A SMART CONTRACT TOKEN LIKE MOBILEGO.

However, those features don't have anything to do with GameCredits. GameCredits is the coin gamers must use to buy in-game items and buy games on the store. This is explicitly said many many times.

Even if MobilleGo fails GAMECREDITS WILL STILL LAUNCH AS PLANNED. But why would we create MobileGo if it isn't technically necessary?
So we can use millions of dollars to market the GameCredits Store and get MILLIONS OF GAMERS TO START USING GAMECREDITS LIKE WE ALWAYS PLANNED. A marketing fund created with MobileGo would mean growing the Mobile Store 20 times faster than possible without such a fund. Also with the funds we can build the MobileGo virtual item system and create a billion dollar marketplace in the GameCredits Store. And all of these items will have been bought in the GAME Store games using GameCredits.



ok thanks!

now i read the whitepaper the 3rd time and finally i think i got it. My misunderstanding came from the presentation on mobilego.io there you state "The First Crypto-Centric Mobile Gaming Platform and Store For In-Game Purchases". And you show pictures from the GameCredits Store. So i got confused and thought you are launching for the mobile market a second store, but this is not the case!

- so to sum it up

- there is only 1 GameCredits Store - nothing changed!!!!

- for the next steps you needed a new token because you want to create p2p tournaments (like Firstblood), ingame marketplaces etc. nothing to do with the GameCredits Store, but something we can leverage on, if we have the games and the gamers already - got it!

Does this sound like it is now clear to me?

So a good opportunity to buy, but i am already invested to much in GAMES!
sr. member
Activity: 630
Merit: 252
Nice answer Jack!, Maybe poeple are AFRAID to read the WHITE paper.. not everyone is skilled with reading long project and all those term on paper and can totally sound overwhelming.

But on the other hand i'm glad i have turned a non-existing knife in the actual wound! So you can came along and explain nicely and with a resume so we can't get the true glimpse only by reading your 30 sec text ¬¬ i tend to do that alot since everyone now can read your answer to my complaint and trully get the Mobile go meaning Wink

in other words, your 30 second answer gave me the right pulse of the situation without having to face the frightfull white paper Smiley

And you know a white paper for non english user can be somewhat hard to get over with translation... i would be lying if i say that i tchecked if there was the white paper in other language... i was kinda just wondering Tongue
We've got countless translations almost out! You can read them with ease then Smiley
newbie
Activity: 60
Merit: 0
Nice answer Jack!, Maybe poeple are AFRAID to read the WHITE paper.. not everyone is skilled with reading long project and all those term on paper and can totally sound overwhelming.

But on the other hand i'm glad i have turned a non-existing knife in the actual wound! So you can came along and explain nicely and with a resume so we can't get the true glimpse only by reading your 30 sec text ¬¬ i tend to do that alot since everyone now can read your answer to my complaint and trully get the Mobile go meaning Wink

in other words, your 30 second answer gave me the right pulse of the situation without having to face the frightfull white paper Smiley

And you know a white paper for non english user can be somewhat hard to get over with translation... i would be lying if i say that i tchecked if there was the white paper in other language... i was kinda just wondering Tongue
sr. member
Activity: 630
Merit: 252

Everyone is more confused as before the ANN ob MobileGo!

If I understand it correct the MobileGo Token is only for the mobile shop and what happens with the GameCredits Store you can access from PC? It is not supprise
that some people are dumping the GAME Token and troll all around if you do not make the ecostytem clear!

From my understanding GAME is and was only for the value transfer into the Games FIAT <-> GAME; Crypto <-> GAME. It is just Bitcoin a store of value and transaction.

- on top you coded the GAME Store and announced it for month without any hind for the need of the new token (bad idea!).

- the new token gets some portion of the 10% fees you collect from the store and you can use this token to build new services to the Gamers. This is not possible with GAME because
it is a simple cryptocoin without programable codebase like Ethereum.

Questions:

1. How many stores will be running for the GameCredit Token? I do not understand if we will have 2 or more stores. 1 for mobile 1 for the web etc.

2. Why does the MobileGo Store needs GAME anyway? You just can use the new token and can switch anytime, and this is the real concern here, because this is not clear
- so, any promise that GAME will be used in the future and not be switched for the new token?
You're clearly super confused because a lot of what you said is entirely wrong.

GAMECREDITS IS THE ONLY COIN USED FOR IN GAME PURCHASES IN THE GAMECREDITS MOBILE STORE. I can't stress this fact enough.

The GameCredits store does NOT NEED MOBILEGO to function. We are fine without. Also the Mobile Store is just like google play or apple. It can exist on both PC's and Mobile Devices. Mobile gaming however is the FASTEST GROWING GAMING SECTOR BY A LOT so we are promoting it as a mobile store.

MobileGo will be a feature inside of the GAMECREDITS STORE. It will be used for a virtual item marketplace, tournament system, and peer to peer matchplay. These functions are ONLY POSSIBLE USING A SMART CONTRACT TOKEN LIKE MOBILEGO.

However, those features don't have anything to do with GameCredits. GameCredits is the coin gamers must use to buy in-game items and buy games on the store. This is explicitly said many many times.

Even if MobilleGo fails GAMECREDITS WILL STILL LAUNCH AS PLANNED. But why would we create MobileGo if it isn't technically necessary?
So we can use millions of dollars to market the GameCredits Store and get MILLIONS OF GAMERS TO START USING GAMECREDITS LIKE WE ALWAYS PLANNED. A marketing fund created with MobileGo would mean growing the Mobile Store 20 times faster than possible without such a fund. Also with the funds we can build the MobileGo virtual item system and create a billion dollar marketplace in the GameCredits Store. And all of these items will have been bought in the GAME Store games using GameCredits.

newbie
Activity: 27
Merit: 0
@polister

You are here just to troll,

You always coming here after the dumps,with your expertise.Everybody can see your intentions from  page 62 in our thread.I am so sorry for your lost at selling GameCredits low.

Thank you very much for attention.Your trolllolo will be deleted.

Always??? What are you talking about? And I have no post on page 62 - check again!
As far as I know today was the first day I posted something in the Gamecredits Thread. Thanks for the welcome!



I have nothing against people coming in with doubts and concerns, but you just came in screaming and bashing the project. I just want everyone to be constructive so we can really bring this project to its full potential   Smiley


o.k. - maybe I was a bit direct - although I did not scream - and just pointed out the concerns many of the investors have - I will try to talk more gently to you sensitive gamecredits souls   Grin
Regarding my deleted question of the many different logos used: May I suggest at somepoint in the future a vote for a design or maybe even a competition for a logo?



Ahah we are not that sensitive, just love the project. I agree that picking an official logo should be something done asap
sr. member
Activity: 392
Merit: 250
member of GameCredits Dev team
@polister

You are here just to troll,

You always coming here after the dumps,with your expertise.Everybody can see your intentions from  page 62 in our thread.I am so sorry for your lost at selling GameCredits low.

Thank you very much for attention.Your trolllolo will be deleted.

Always??? What are you talking about? And I have no post on page 62 - check again!
As far as I know today was the first day I posted something in the Gamecredits Thread. Thanks for the welcome!



I have nothing against people coming in with doubts and concerns, but you just came in screaming and bashing the project. I just want everyone to be constructive so we can really bring this project to its full potential   Smiley

o.k. - maybe I was a bit direct - although I did not scream - and just pointed out the concerns many of the investors have - I will try to talk more gently to you sensitive gamecredits souls   Grin
Regarding my deleted question of the many different logos used: May I suggest at somepoint in the future a vote for a design or maybe even a competition for a logo?




Why not?

P.S.Come join to our slack: https://gamecreditsglobal.slack.com
full member
Activity: 150
Merit: 100

You guys underestimate the lazyness of people here Cheesy

Here is a short summary:

Why the extra token?

This is not explicitly written (or I missed it) in the paper, but I think a crowdsale is held to get extra funds to build on the GAMECREDITS platform. Gamers will use Gamecredits to buy things in this platform and on top of it, will be able to earn MobileGO tokens. These tokens are a bit like loyalty points.

Opportunity: Mobile gaming industry is booming
Android gamecredits gaming store with +300 games to launch in Q2. Over 1000 games expected to have joined by end of year. Insetad of 30% rev share with Google, developers pay Gamecredits team 10%.

How to profit from this development: MobileGO Crowdsale
In April and May a crowdsale will be held. 70 million of a 100 million tokens will be sold in a crowdsale. This money will be used to promote the Gamecredits/ MobileGO store.  50% of money goes to marketin, 20% to decentralized gaming and 30% to gamification of the platform.

What are MobileGo tokens
These 100 million Ethereum/WAves (dual) blockchain tokens are awarded to involved users that use the store a lot and attract other people. The tokens will give them access to special events and discounts. Basically they  are like Airmiles.

Business model
The company behind the platform will profit from the 10% fee they get from game developers. They will use part of this money to buy back the tokens.

What is not clear to me yet:
- How do I profit from buying MobileGo tokens?
Thank for your support Jones, really glad you get it as a long time GAME supporter.

How do I profit from buying MobileGo tokens?

Answer: MobileGo tokens will eventually be used to power the peer to peer system inside of the mobile store. With potentially million of gamers attained from the marketing of the store, that decentralized market place will have access to a huge user base. Investing in MobileGo means buying into the coin to be used for these decentralized gaming technologies, in a platform that is already used by many. The use of MobileGo could be absolutely huge. Some companies are already trying to develop a virtual item marketplace since the industry is worth billions. These projects are far beyond because they don't have an established user base and community trust. MobileGo will be the first to accomplish this on such a large scale and the price of MobileGo should be greatly affected by such mass use.

Everyone is more confused as before the ANN ob MobileGo!

If I understand it correct the MobileGo Token is only for the mobile shop and what happens with the GameCredits Store you can access from PC? It is not supprise
that some people are dumping the GAME Token and troll all around if you do not make the ecostytem clear!

From my understanding GAME is and was only for the value transfer into the Games FIAT <-> GAME; Crypto <-> GAME. It is just Bitcoin a store of value and transaction.

- on top you coded the GAME Store and announced it for month without any hind for the need of the new token (bad idea!).

- the new token gets some portion of the 10% fees you collect from the store and you can use this token to build new services to the Gamers. This is not possible with GAME because
it is a simple cryptocoin without programable codebase like Ethereum.

Questions:

1. How many stores will be running for the GameCredit Token? I do not understand if we will have 2 or more stores. 1 for mobile 1 for the web etc.

2. Why does the MobileGo Store needs GAME anyway? You just can use the new token and can switch anytime, and this is the real concern here, because this is not clear
- so, any promise that GAME will be used in the future and not be switched for the new token?
full member
Activity: 167
Merit: 100
@polister

You are here just to troll,

You always coming here after the dumps,with your expertise.Everybody can see your intentions from  page 62 in our thread.I am so sorry for your lost at selling GameCredits low.

Thank you very much for attention.Your trolllolo will be deleted.

Always??? What are you talking about? And I have no post on page 62 - check again!
As far as I know today was the first day I posted something in the Gamecredits Thread. Thanks for the welcome!



I have nothing against people coming in with doubts and concerns, but you just came in screaming and bashing the project. I just want everyone to be constructive so we can really bring this project to its full potential   Smiley

o.k. - maybe I was a bit direct - although I did not scream - and just pointed out the concerns many of the investors have - I will try to talk more gently to you sensitive gamecredits souls   Grin
Regarding my deleted question of the many different logos used: May I suggest at somepoint in the future a vote for a design or maybe even a competition for a logo?

Jump to: