Topic: (JWL) JEWELS 🔷 HEROES LAUNCHED 🔷 1ST JWL USE CASE 🔷 TRADING ON BITTREX - page 13. (Read 212670 times)

It is not a good idea if the player use jewels to buy the items directly. Ingame economy profits more if the commerce are done indirectly.

https://www.youtube.com/watch?v=fKK9nVLvhGM

JWL is doing silently, which is a good thing, we need no more hype, but we need more hard working, Chris does the daily coding surprises me, I think we need to learn from him.

They need to I pliment jewels directly into the game so people playing must continuesly purchase them to keep playing or simply sell what they find in game. Everything in game should use jewels not in game currency or at least trades between players or auction house should be done with jelwels.

They need to I pliment jewels directly into the game so people playing must continuesly purchase them to keep playing or simply sell what they find in game. Everything in game should use jewels not in game currency or at least trades between players or auction house should be done with jelwels.

As promised, here is the initial whitepaper discussing jewels and its integration in project rebirth. This is a brief document detailing ways we want the currency to be incorporated into the MMO project as well as introducing burn mechanisms and buyback mechanisms for the coin.

http://apexconquer.com/ProjectRebirthsJewelsEconomy.pdf


Keep in mind this is a living document and we highly encourage community questions and feedback. As revisions are made to the document, we will make sure to notify people through our slack, trello and this thread.




The jewels shop inside of heroes places coins spent into the PayPal fund (which is used to process fiat purchases of the coin from our website and from inside the game). The whitepaper actually details how we plan to handle that fund as it grows.

Approximately 200,000 Jewels have been used in the in-game shop so far. We are looking to introduce the burning mechanism mentioned in the whitepaper above in the next week and will be posting more details on that at that time.

For those who do not wish to read through the whitepaper or want quick and easy stats. Here's the short version of the burn mechanism.

Paypal fiat purchases: 50% burned, 50% used to buy coins at cheapest price off exchanges
In-game purchases made with jewels: 50% burned, 50% added to paypal fund



Apex is a tricky question. The shortest way to cover why Jewels has not been used there is that the in-game shop used on heroes does not fit nearly as well with the gameplay of that project. Instead we've found that the conversion rate in regards to monetizing players is more successful by convincing apex players to move to play heroes instead. With the first expansion pack for heroes on the horizon, our goal has become more about making the new server more attractive to those who used to play apex and moving them to the new ecosystem as smoothly as we can.

The project seems dead and the price is reflecting this 

JWLS will go back to 100 sats

The project seems dead and the price is reflecting this  

JWLS will go back to 100 sats

As an investor I would like to also see some information about your ambitions and activities of coin development like having it traded on more exchanges, i.e. treating the coin as an asset rather than a vehicle to play in the games. Development of the value of the coin is quite a motivation to invest into it.

That is primarily correct. Another important aspect is being able to modify how the coin is used in the future as needed. We're looking into many possibilities for storing tokenized entire characters on the blockchain, provably limited edition items, decentralized smart contract style marketplaces and much more. There's a lot of things that can be done to more closely integrate the coin and its blockchain into the project and that's a major goal of rebirth, making sure we do that smoothly and in a way that's in the best interest of both ourselves and our investors.

Hey, thanks for your comments 

Off the top of my head (Chris/Roy please add if I forgot something), 2 main ways Jewels Project is planning to use blockchain are:
1. Having a decentralized/p2p/direct secondary market where players can sell their game items (characters, etc.) and buyers can verify that what they're buying is authentic and will work in the games, thus preventing scams.
2. The JWL token's value correlates with how successful the project is; the more players the more demand for the token and burning mechanisms that add further value to token holders.

Do you have additional ideas as to how the devs can synergize the product and the blockchain?

Dear Devs,

I remember you mentioned that your focus was to launch/develop heroes and your games, and that developing the "coin" itself is secondary. And that's great!

However, when I see how disparate your main product, the gaming platforms, is from your cryptocurrency token, it makes me wonder what's the purpose of the Jewel token is at all. Why not use Bitcoin? 

I can understand from your standpoint why you focus 99% of your time on developing the gaming platform, but since you have already committed yourself to building an ecosystem FOR your cryptocurrency token, it may be wise that you set aside a more substantial part of your plans in developing the blockchain side of things.

By approaching development with an attempt to synergize your product and the advantages of a blockchain, you could potentially revolutionize the gaming industry with blockchain integration. It all starts with a small implementation solving a great need, and I believe your team is in a fantastic position and well equipped to achieve something great if you focus on right priorities.

You had an overwhelming demand for your ICO which exceeded your expectations. Use the funds and hire a lead dev for your blockchain development!

Just my 2 satoshi worth.

Apologies for silence the past few weeks. We've been primarily working internally and not nearly as much has been released publicly to our community as we would like. We will do our best moving forward to make sure that things are more clearly communicated. As part of that priority we've decided to make a trello board publicly visible for members of the community to keep an eye on what it is we're working on and our overall progress.

https://trello.com/b/FUKn6T3T/jewels-dev


Please keep in mind this is not an in-depth explanation of everything we work on in a day to day basis but more of a checklist for us to use to keep track of the project status so we always know what we are working on next. We will do our best to make sure to keep the board up to date in addition to content posts on BCT and Slack. We have a part of our whitepaper concerning how jewels will be integrated into rebirth being reviewed at the moment and we would expect to have that posted in the coming days.



For those who prefer quick snippet style updates and pictures, here is a few of the cosmetics we've released in the past couple of weeks.

http://i.epvpimg.com/FlbQcab.gif

http://i.epvpimg.com/hpuUcab.gif

http://i.epvpimg.com/jMsGgab.gif

http://i.epvpimg.com/AxAOeab.gif

http://i.epvpimg.com/VvAOb.gif

As promised, here is the initial whitepaper discussing jewels and its integration in project rebirth. This is a brief document detailing ways we want the currency to be incorporated into the MMO project as well as introducing burn mechanisms and buyback mechanisms for the coin.

http://apexconquer.com/ProjectRebirthsJewelsEconomy.pdf


Keep in mind this is a living document and we highly encourage community questions and feedback. As revisions are made to the document, we will make sure to notify people through our slack, trello and this thread.




The jewels shop inside of heroes places coins spent into the PayPal fund (which is used to process fiat purchases of the coin from our website and from inside the game). The whitepaper actually details how we plan to handle that fund as it grows.

Approximately 200,000 Jewels have been used in the in-game shop so far. We are looking to introduce the burning mechanism mentioned in the whitepaper above in the next week and will be posting more details on that at that time.

For those who do not wish to read through the whitepaper or want quick and easy stats. Here's the short version of the burn mechanism.

Paypal fiat purchases: 50% burned, 50% used to buy coins at cheapest price off exchanges
In-game purchases made with jewels: 50% burned, 50% added to paypal fund



Apex is a tricky question. The shortest way to cover why Jewels has not been used there is that the in-game shop used on heroes does not fit nearly as well with the gameplay of that project. Instead we've found that the conversion rate in regards to monetizing players is more successful by convincing apex players to move to play heroes instead. With the first expansion pack for heroes on the horizon, our goal has become more about making the new server more attractive to those who used to play apex and moving them to the new ecosystem as smoothly as we can.