Topic: KILLING CHAIN ICO WHITEPAPER (Read 824 times)

I have a feeling this guy BitBays is not even a developer of this project. Don't know why he posted this ANN thread though

Beijing time bother me, did China not ban ICO's 

The website looks decent and the game itself also seems interesting. But making this kind of boring text-only ANN thread takes a lot of your credibility away. Who would trust a newbie account who opened an ANN thread and who would invest in such ICO?
Also, why does it say on the website: ICO time July 19, 2017, 09:00:00 PM to July 25, 2017, 11:59:59 PM (Beijing Time)
It is September now. What happened since July?

this thread what whitepaper say somewhat confused why this, frankly I do not read but I see this thread as if looking for someone to write whitepaper. thanks so much.

hi, i want to reserve indonesian translation if you needed 

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1.   Project Overview

Killing Chain is the world’s first multiplayer online battle royal video game developed based on crypto digital currency, published for PC and for mobile, with the battle royal as the core game feature. With development team from leading game development firms including Blizzard Entertainment and Ubisoft, two years of production with over 100 million investment volume, the game has entered its testing phase and is expected to be launch in October 2017.
Killing Chain Token(KCT), the prime currency used in the system, is an Ethereum- based token. The project will provide 20% plus future profit to reward KCT holders in order to guarantee investors’ rewards.
The core game takes the form of battle royal, blended with a bundle of gameplay. Each player enters the battlefield and makes a bet of a few tokens; only one will survive after a large-scale death match and the winner will take 80% of the tokens from the betting pool.
The game is built to launch both for PC and mobile, with effective mobile features such as live broadcasting, betting and mining, electronic wallet, and transaction functions to meet the needs of a wide variety of players.
Killing Chain has a pan-entertainment strategy, with the Killing Chain film, show and novel under preparation. The Killing Chain film is produced by Verizon Media, one of the leading firms in the movie production industry, and endorsed by popular celebrities with multiple fans meeting hosted. The film will depict the real battle field setting and there is a theme bar and a theme e-sports arena opening consecutively. All of the succeeding projects mentioned have completed site selection.

2.   Market Opportunity

•   The video gaming industry is under rapid development
According to the Newzoo most recent data, the gaming industry has generated 749.5 billion RMB of consumption all over the world in 2017, far out surpassed the 101.1 billion USD in 2016. This clearly shows the huge market capacity of the gaming industry.

•   Battle royal type of game performance
Recently, there has been quite a few battle royal genre game out in the market and they all gained considerable attention. Among them, the PlayerUnknown’s Battlegrounds initial launch on Steam achieved 11 million USD sales revenue in three days, with a peak of 67000 concurrent players. According to the data provided by Bluehole, the production team, the game Early Access world sales exceed 2 million copies; the game has achieved monthly revenue over 0.4 billion RMB, and ranks 9th on Douyu live broadcasting. Similar to the PlayerUnknown’s Battlegrounds, H1Z1, Dayz, the Culling and a few Battle royal theme games all have achieved sound performances. Such record all shows that the battle royal genre has tremendous potential value to be explored.
It has been widely acknowledged that in the famous battle royal game H1Z1, the grouping and teaming behavior of Chinese players that caused an IP ban has been quite controversial. From another perspective, it shows the game’s popularity in China and how the portrayal of human nature such as fighting for honor and wealth in PVP game attracts a large group of audience. Based on such reasoning, this battle royal genre is long-lasting and has huge market potential.
Compared to similar games, the Killing Chain has innovative design, gameplay, structure, operation model and a unique ecosystem; other than those feature, the incorporation of blockchain and cryptocurrency into the system makes the game run more efficiently.

3.   Our Vision

Constructing the Killing Chain as a quality game with strong worldview and long- lasting lifespan is our prime goal.

Based on the players and technical structure of the Killing Chain, we aim to launch a decentralized battle combat gaming platform based on the technology of blockchain. The platform encompasses a decentralized account system and payment system and the token issued by the platform can be used in all the games within the platform.
Building the new game model with blockchain, becoming the Blizzard in the blockchain game world is our ultimate goal.

4.   Game Details

1 .Game model
The battle royal is the core game; players are placed in an enclosed field and the last survivor after combats wins a big award.
 

Each player has special technique such as invisible, invincible and fast shooting skills etc. Just like the famous Blizzard game Overwatch, the special skillsets greatly enrich the gameplay and strategy that can be used in the game.
Aside from the battle royal model, the game also has mission and level design, and players can match solo or play in a team. The level design requires players to challenge different missions and the teaming design motivates players to collaborate which is widely welcomed among players who prefer to work in team.

2.Game betting, winners get huge reward
The betting design is a key selling point of the Killing Chain. Players bet with a certain number of crypto coins to enroll in a match. Thus, a pool of coins will be formed for each match. The last man standing end of the game will gain 80% of the betting pool as rewards, and the remaining 20% will become the game revenue, which will be used in other game rewards, player rewards and game upgrade and maintenance.

The process mentioned above is managed and realized through the Ethereum smart contract. Players send their crypto coins with smart contract and the contract plays the role as a central trust system. When the result of a match is entered, the smart contract will be triggered to arrange next match and distribute rewards.

For instance, assume that every match every player makes a bet of 100 crypto coins, the reward pool will be 10000 coins if 100 players enroll. The final winner gains 8000 coins, and the remaining 2000 will be allocated for game operation, upgrade and maintenance.

As we further upgrade the game, the gaming rules will be more varied. The coin pool generation strategy will be adjusted that makes the reward pool larger with more gameplay methods involved. For instance, in a multi-layer match, each match contributes a certain portion of its reward to the ultimate match reward pool, the match host and match endorsement parties all can contribute coins to the ultimate match pool.

The betting system in the Killing Chain well exemplifies the wide variety of uncertainties existing in the real world. In the “midnight bar” setting of the game, aside from secret bartender and pole dancer, there are gambling games such as the Baccarat, slot machine etc. and of course, pretty dealers. Furthermore, if a player encounters a mission that includes random computation, making the guess right will earn the player tremendous reward but making the wrong bet will cost way more than the premium.

To ensure equality, the distribution of reward and the random pick generation will all be executed under smart contract; players can verify the data legitimacy via the blockchain.

3.High flexibility, possibility to create a new game world

The Killing Chain is highly flexible and versatile. The team aims to construct a new game world.

During the game, players can well demonstrate their intelligence in tool making, weapon parts such as gun stock, clip, rifle scope customization, and military vehicle selection such as automobile, airplane, wire rope and sled.

The game mapping currently includes South America, the Middle East, North Pole and Asia. The mapping well resembles the real-world environments which players can totally immerse themselves in. Not only involving in the brutal battle royal, players are able to experience the massive tropical rain forest, the North Pole icebergs, have fun with the monkeys, and sled across high altitude snow covered mountains.

In the future upgraded version, the Killing Chain will further improve its flexibility, granting players with more capacity to construct the new game world, such as that players may involve in mapping design and will win a portion of the corresponding bets.

4.PC game + App game model
Compare to other games in the Battle Royal genre, the Killing Chain is special by its simultaneous release for mobile App system; the core APP features include:
•   Betting Anyone can make a bet based on the Ethereum smart contract. Betting
is one of the key revenue driver for the platform
•   Live broadcasting Initiate or watch live broadcast
•   Transaction Players are able to exchange their tools and valuables for KCT crypto coins at the trading center
•   Mining Please find mining method at the POA section
•   Digital wallet Aside from general debit and credit functions, KCT holders can store their coins in the wallet to earn certain amount of interest
•   Social Players around the world may communication via the APP, having more social opportunities

The above structure can satisfy the needs of multi-layer players, well utilize
players’ spare time and reduce the game distribution cost and difficulty, and very importantly, attract more players to join the game.
The Killing Chain mobile version will be published soon.
 

5   Monetary System

1.   KCT crypto coins
Killing Chain Token(KTC) is generated based on the Ethereum smart contract . The currency can be used in lots of circumstances within the game as payments, such as for purchases, betting, consumption, exchanges and earning interests.
The total volume of KCT is 100 million. 50% of it is used in this round of ICO and as supporters’ rewards, 40% in game operation, and 10% in game development. The 40% used in game operation will be locked up and bounded by the Ethereum smart contract. It will be released gradually in a four-year timeframe with the POA method. (Further information on the POA method is provided below)

The core value of KCT comes from its persistent revenue generation capacity, the limit total supply as well as the circulation policy.

2.   Points system
Points are calculated by contribution. Players’ participation and contribution are all recorded by points; The platform will reward players with KCT at certain time based on their points as a percentage of the total points in the ecosystem. Points cannot be transferred or exchanged; points will be destroyed after every round of reward mad

3.   POA Proof of Action
POA is computed by a series of algorithms; every value creation behavior will be considered and weighted in the algorithm computation. The algorithm is adjusted based on the game actual operation. All the behaviors in the ecosystem such as participating in games, winning games, organizing, distributing and logging into the game, broadcasting, betting and all other value generation behaviors, are all counted as effective behaviors and produce effective points. The points as a percentage of total points generated in the day will be converted into KCT; KCT reward is issued everyday. POA determines both the points production as well as the KCT generation.

4.   The managing committee
The managing committee is nominated by the KCT holders; members of the committee can raise recommendation and vote. The committee works along with the development team on the computation parameters of the algorithm, including but not limited to the POA effectiveness and the weights of the parameters.

5.   Other cryptocurrencies
The betting system supports not only the KCT but also BTC\ETH\LTC; more types of crypto currencies will be accepted in the future.

6   .Profit generation model

•   Internal game revenue
•   E-sports and betting revenue
•   Matches endorsement revenue
•   Advertisement revenue
•   Live broadcasting revenue
•   Film, show and novel revenue
•   Offline real-life CS platform, theme bar, theme café and other real estate operation revenue

7   Marketing and Distribution

•   About the team
The official operation team, collaborating with external professional team, will be in charge of of the game distribution. We have finished the initial selection of external agents, match endorsement partners and will further include them into the ecosystem once the business cooperation has been affirmed.
•   About our resources
The core team has over ten years of experience in the game industry, accumulated plenty resources in the industry including offline battle arena, theme bar and theme e-sports arena, match organization resources, distribution and media resources. The Killing Chain has the quality and resources to become a big hit in the industry.
•   Operation strategy
The Killing Chain will actively seek collaboration with the traditional game distribution channels but not limit to them; word of mouth and community operation will become the core operation strategy. Closely link to the key selling point of the game, we will maximize the power of word of mouth and leave the most profit to the players. Below is the detail description of the operation strategy
The Killing Chain will pay close attention to the following points:
•   Invite policy
The inviter will gain points by making every successful new invite to the Killing Chain network; the reward has three layers and the reward of every layer is adjusted based on the current game operation data and the statistics will be all opened to public.
•   Match operation system and relevant tools
Construct the match system all over the world. At the starting phase, matches will be run by the official headquarter, as the platform gets more mature, there will     be tools supplied to enable players to organize their own matches and the initiators will gain a certain share of the profit. The initiator sets the parameters using the intelligent contract, as the match ends, reward will be distributed to the winning parties automatically. The automated process is realized by the intelligent contract, to ensure transparency and equality.
•   Regional agent and event agent policy
The game will provide regional event agent policy, fully utilize the net bar, game events, broadcasting and key opinion leader as the channel to conduct more users.
•   Fans economy
The platform will give anchors full support and leverage fans effect to gain more attention. Furthermore, the leading core players are also granted with honor, such as new techniques, building and role naming rights.
•   Community operation, fully aggregate players’ talent
The game involves a large volume of customized elements that truly engages players in the game design process. For instance, players can participate in mapping design, gameplay design, graphic design, skill design etc. This will enhance the system while sufficiently demonstrating players’ talent.
•   Link marketing and conduct pan entertainment strategy
The Killing Chain film, show and novel are all under preparation. The leading firm in the movie production industry, Verizon Media is in charge of the film production. The film and the game share the same worldview and content. Joint marketing strategy will be applied during the initial release, pre-movie advertisement and role rights granting phases. Other than that, there will be celebrity fans meeting arranged. Site selections have been completed for all of the succeeding offline projects such as real-life CS platform, theme bar and theme e-sports arena.


8.   technical related

•   KCT is generated based on the Ethereum
The KCT generation rule is outlined in a publicly accessible smart contract . The coding for crypto coin transaction, dividend payment and other earning and consumption behaviors written in the smart contract is also publicly accessible.

•   random trust
A fair (verifiable) random number generator. In order to ensure fairness, the concepts of public key and private key are applied in generating random numbers. The public key and private key are taken directly from the Bitcoin, where the public key is the Bitcoin address and the private key is the Bitcoin private key. The generate procedure used the same hash algorithm and concept from bitcoin, thus has the same security benefits.
The server will expose a public/private key list that contains information on the time of activation. The matching of used public and private keys can be verified at http://gobittest.appspot.com/Address.
The private key needs to be kept hidden for the sake of confidentiality before random numbers are generated; and it needs to be exposed afterwards so that fairness can be verified. Hence a periodic alternation mechanism is introduced (every 10 minutes). When it is time for alternation, the following pair of private and public keys will be activated, and the private key that was used will be exposed in the meantime for people to verify the fairness of the random number previously generated.
Suppose the public key being activated is “pub”, and the private key “prv”, the code of the random number generated is written as follows:

ts = str(int(time.time() * 1e6))
raw = sha256(prv + ':' + nonce + ':' + ts) seed = int(raw[:9], 16)
value = (seed % (N - M + 1)) + M of which:
nonce is a random value (which can be either an auto-increment value or timestamp) selected when the client invokes the API, which affects the random value generated by the API, so that the API server is unable to have complete control over the results. In the case where the client does not send nonce, the API server has another parameter “ts” to ensure that it cannot predict the value randomly generated.
M and N are the upper and lower bounds of the random range selected by the client

•   Betting, Smart Contract
The result of the betting and reward distribution will be verified and realized through a smart contract, the source code of which is exposed. For example, participation is recognized when the player transfers KCT to a contract address, and the contract hereby works as a wallet where all the transferred KCT are stored temporarily. Betting will be closed at a certain time (number of blocks) and any KCT transferred afterwards will be returned. After the game result is verified (by public API or the referee), the stored KCT will be automatically transferred to the winner’s wallet.

•   Wallet, Security
The KCT will be deposited on ETH addresses and wallets, since the tokens are issued on the Ethereum platform. Any ETH wallet can be used to inquire and use the deposited KCT. KCT and ETH are equal in terms of security.


9.   The team

•   Zhang Ming, CEO
Zhang Ming entered the game development business in 2005 and worked with PDE, VYK, Giant Interactive, and ZQ Games. He was involved in the production of multiple famous foreign products including EVE online, Battlefield 3, Blade&Soul, Thief 4, Alice in Wonderland, as well as the development of Chinese MMO and FPS products such as Glorious Mission, Final Fire and Crisis 2015.

•   Zhu Qiqi, COO
After graduating from Shanghai Dianji University, Zhu Qiqi worked at Ubisoft Shanghai, ZQ Games Shenzhen, and Shenzhen J&S Technology and Development Co., Ltd in key positions including product director and marketing director. He was also involved in the development and management of various game projects ranging from client development to mobile games, such as Splinter Cell and Final Fire.

•   Wu Wei, CTO
Wu Wei graduated from Chengdu University of Technology. He entered the game development industry in 2006, and was in charge of the maintenance and development of game engines. Having worked at Costar Software, ZQ Games, ihuizhi.com and Gouda Game, Wu has gained rich experience as a chief programmer with good knowledge of mainstream engines, such as U3D, Unreal Engine 3, Unreal Engine 4, Torqu 3, bigworld, and cocos2d-x. He also has years of experience in engine programming and participated in the developing of various game projects, including Chuangshi online, Final Fire, and so on.

10.   Advisors

•   Wu Jihan, founder and CEO of Bitmain
Wu Jihan is recognized in the industry as a Bitcoin evangelist and started dealing with Bitcoin since 2011. He is also the co-founder of 8btc.com and the founder of the mining chip and miner producer Bitmain.

•   Xu Yiji
Xu Yiji is the sponsor of Nebulas and the creator of the Chinese [Suspicious link removed]munity. He has a bachelor’s degree in computer science from Tongji University, and served   as the Director of Blockchain of Ant Financial and a member of the Google Web Spam team.

•   Zhao Changpeng, founder of Binance
Before resigning from the CTO position at OKCoin, Zhao worked as Head of Development at Blockchain.info and served for years at Bloomberg Tradebook Futures as the Global Head of IT. He is a co-founder of Fusion Systems.

•   Shan Qingfeng
Shan Qingfeng is the founder of Asch, a decentralized application platform. Trained as a full stack developer, Shan has worked at multiple top Internet companies in the research and development of search engines. He is specialized in c++, JavaScript, network programming and system architecture.

•   Eric Gu( 初夏虎 )

Viewfin’s co-founder and CEO, Eric Gu, is a Blockchain and Digital Asset expert and a well-known opinion leader in the Chinese Blockchain ecosystem. He is also a lifetime member of the Bitcoin Foundation.

•   Diego Guitterez
Diego is the CEO of Rootstock, CEO and co-founder of Koibanx, as well as the co-founder of the Latin American and Argentinian Bitcoin community.

•   Ramble, founder of GooCoin

•   Deng Di, chairman of Tai Cloud
Deng Di is a successful founder of several companies and has made pioneering achievements in various technical fields such as P2P, video, cloud computing and digital currency technology. In 2013, the China Ministry of industry and information awarded Deng Di the title of “Cloud Computing Expert”. He is also a member of the Research Center for China's Industrial Development at Tsinghua University.

•   Xie Jian (Rock), creator of the Xuanchain
Xie Jian is an online novelist and a partner of the Killing Chain novel. He is the creator of Xuanchain and the Xuan school, and the founder of RockMiner. Over the years Xie has gained rich experience in fields like digital currency, blockchain and online literature.

•   Sun Yanjun, founder and CEO of Verizon Media
Sun Yanjun is currently the producer for the Killing Chain movie. He is a member of China Film Producers’ Association, and has been the producer and director of five Huabiao Awards and Golden Rooster Awards events. His positions also include the director at Baidu Entertainment Department and Director at the Content Department of iQIYI. He participated in the production and promotion of many famous Chinese films, such as Call for Love, Time Flies Soundlessly, New SuSan Send Under Escort, Gui Jing, A Simple Noodle Story, Triple Tap, Flying Swords of Dragon Gate, Switch and 12 Citizens.

•   Zhang Xuan, senior game entrepreneur
Zhang Xuan previously worked at Ubisoft as an engine engineer and has over 10 years of experience in game R&D. She is the founder of the game company Inlycat.Inc, the games of which were released multiple games in over 80 countries worldwide and ranked No. 1 in 65 of these countries.

•   Song Pengzhan, veteran game industry expert
Song Pengzhan is the CEO of GameDaily and has over 10 years of experience in the game media industry.

•   Gao Xin
Gao Xin is currently a partner of Guotong Fund. Prior to that, he had successively served as partner of DFJ Dragon Fund China, the COO of HC360.com, the B2B Operation Director of Samsung Electronics as well as the Deputy General Manager of Channel Sales Department in Lenovo Group. He has done substantial research on the blockchain industry.

•   Liu Yanyan
Liu Yanyan graduated from Harvard University and is now an angel investor with a focus on the blockchain industry. He is active in the US, Switzerland and China, providing consulting service on strategic management for IT and intelligent hardware companies. He is also involved in social enterprise innovation, family business management and charity organizations.

•   Liu Zijun
Liu Zijun is the vice president of Shenzhen National Defense Education Promotion Association. He is also a military commentator on many TV media and print media, including Phoenix TV, MASTV, HKSTV and Shenzhen TV.

•   Lukas Lichtensteiger, PhD
Lukas is the co-founder of Siltectra GmbH, associate professor at Zurich University, and research fellow at Harvard University. He has done substantial research and study in AI, machine learning and blockchain.


11.   Building a blockchain-based gaming platform

Building on the success of Killing Chain, the team will be committed to building    a new gaming platform based on blockchain. The platform is designed to integrate decentralized account system and payment system, allowing the tokens to be circulated among different games. The platform will also serve to improve the community system and relevant service systems, all in all, offering players a platform to compete, organize, team up, manage points and interact.
Compared with traditional platforms, the new platform has a few outstanding features, including:
•   A decentralized account system
to effectively protect user accounts. This system is based on the smart contract, in which users will provide a private key signature authorization. User information will not have to be stored on any company's central server, and no account information will be lost due any problems happened to the central server of the gaming platform, so that users can actually own and have control over their own accounts.
•   A decentralized monetary system
A decentralized monetary system to facilitate transfer of assets. The tokens can circulate among different games, and users can transfer or sell their digital assets, such as props and skins, through the smart contract; unlike QQ coins, “Diamonds” or YBC, these tokens are distributed on the basis of blockchain technology, meaning that there will be no quantitative easing or inflation, and that the total amount of currency is controlled according to the algorithm.
Thus, in this monetary system there will be reduced manual intervention, leaving the development of this virtual game economy in the hands of the market. Such a monetary basis is what we believe to be an integral part of building a large game alliance.
•   A decentralized community mechanism
Only KCT holders are entitled to comments, initiatives and voting, so as to determine gameplays and trends on this platform. The above-mentioned operations will consume different tokens in order to ensure each act is taken with rigor, which eventually will be conducive to build a more engaging community for users.
•   Less advertising
This platform is free of messy commercials, bringing better gaming experience to all users.
•   A globally interactive platform
Blockchain is borderless by nature. Players can communicate and compete with participants from all over the world.


12.   ICO investors’ interest

•   Participate in games, betting, broadcasts, etc.
The tokens can be used in different scenarios in this ecosystem. Currently they can be used for betting, lottery draws, rewards, purchases; offline token consumption includes blockchain cafe, theme bar, theme e-sports arena and real CS battle platform. The site selection for offline arenas is basically completed.
•   Appreciation of tokens
As the number of participants grows and the KCT-based scenarios diversify, demand for tokens will rise rapidly, and hence appreciation is inevitable.
•   Regular purchase of tokens from the market to reward token holders
Over 20% of the profit will be used to purchase tokens to give to KCT holders (who have tokens locked in client games or Apps) as rewards. The repurchase records will be disclosed promptly to ensure openness and transparency. Users can inquire these records through blockchain browsers.
•   Locked up tokens for game operation
the tokens used for operation will be locked up and gradually released in a four-year timeframe under a POA method.


13.   Distribution and monitoring of ICO funds

•   Fund distribution
The ICO will contribute to a faster development of Killing Chain. 20% of the funds raised through ICO will be used for product development, 50% for marketing and operations, 10% for staff salaries, and 20% for office, equipment, servers, operation & maintenance, and emergency fund.

•   Financial disclosure
The Team will disclose financial data on a regular basis for supervision and examination by the public.

•   Supervisory foundation
The ICO funds will be supervised by a commissioned foundation, which will also evaluate the operational and potential risk.


14.   Summary
Featuring decentralization, disintermediation, traceability and irreversibility, the blockchain technology helps to improve the overall efficiency of the system by offering easier operation and reducing loss in circulation. It also guarantees transparency and fairness, both of which serve the purpose of protecting the interests of all participants.
In the meantime, Killing Chain will be a channel for more people to access and understand the idea of blockchain. The extension from games to a gaming platform is part of our pursuit of a wider application of blockchain technology in the gaming industry, and to that end we will keep exploring and progressing.


ICO  website: http://killingchain.com/
Promotion video: http://www.56.com/u49/v_MTQ1NDMxNDc4.html