F.A.Q. (FREQUENTLY ASKED QUESTIONS)
The issue of burning tokens, which will not be sold under the ICO. I will answer in detail:
- we do not have a premined tokens, tokens are created when they are purchased by the investor (including tokens intended for bounty payment, developers and operating expenses - all of them are created only when purchased by the investor, according to the scheme presented in the infographics)
- so we will not and can not have "extra" tokens on the basis of ICO results, which could put pressure on the course - all tokens will be covered by ETH received within ICO
- so there is nothing to burn, that part of the tokens that can not be bought within the ICO, simply will not be created
Why developers needs tokens?
As for the tokens, everything is quite simple - they can pay current expenses (by arrangement with advertising platforms, designers and other specialists), increasing the number of token holders, and hence the stability of the entire emerging economic system. The more people have coins, the more interested in its stable growth.
Game bonuses will be calculated by the "base" of purchased coins, or by actually received coins? That is, if on the first day I contribute 1 ether and receive 15,000 coins, I will get a legendary item and 15% of the store discount, or still an epic thing and a 10% discount?
It will be calculated on the basis, since the bonus part will decrease with time, and the base remains unchanged, which allows investors at any stage to be on an equal footing with the funds spent
Btw, will legendary items be so legendary that only 1 item of this type be in game?
They are legendary, to be in a single copy. So far, so to speak, the working gradation by the number of copies is as follows: a legendary object is unique in its kind, epic objects are 2-3 units with similar parameters, rare items - about a dozen, "unique" items can be a pair of dozens, but each will necessarily have unique property
Why should I participate in ICO of PrivateersLife?
1. Privateers.life - a full-fledged 3D online game with real money economy (earn tokens in the game - spend tokens in real life), built on the basis of Blockchain technology
2. The earlier participated, the higher the bonus (up to + 50% of tokens in the first 24 hours and 10-30% during the first 2 weeks of the ICO) and the more significant lifetime discount in the gaming shop was received
3. Actual and trending theme: survival in the pirate environment of the 17th century
4. A limited number of coins (only those that will be issued under the ICO in exchange for ETH received), no unsecured amounts
5. After the completion of the ICO, the issuance of new coins is impossible - the capitalization will be formed by the actual volume of coins sold within ICO
6. The infrastructure surrounding the game is planned (own exchange and donation services, there are preliminary agreements with projects and services of third parties on the acceptance of LDM tokens as a means of payment)
7. Successful examples of other game currencies:
https://coinmarketcap.com/assets/rustbits/ (coin of the game Spacepirates, within the ICO is collected about 400000 USD, now the capitalization is 2700000 USD (about 3 weeks after ICO)
https://coinmarketcap.com/assets/nexium/ (coin of the game Beyond the Void, within the ICO collected about 1,000,000 USD, now the capitalization exceeds 15000000+ USD, about 8 months after ICO)
How will the investor's addresses be linked to accounts in the game?
We are now working on the technical point of organizing in-game transactions directly between the purses of counterparties, that is, without converting to any additional currency, namely the transfer of LDM tokens between players directly in the game. That is, the answer is likely to be: the purse is indicated in the player's profile and the account is associated with the purse specified in the profile.
How to see the tokens in my wallet?
Click Create your own token (for example, in Myetherwallet.com - button under you ETH balance),
Enter the address of the purse purse from the site Privateers.life in the field: 0x28a40acF39b1D3C932f42dD8068ad00A5Ad6448F
Enter the token ticker: LDM
Enter the fraction: 18
Video-tutorial how to trade on EtherDelta (ETH & Tokens deposit and withdraw, buy and sell coins, PRESS IMG TO GO TO THE VIDEO):
