innovating game economy with cryptocurrency

Innovating Game Economy with CryptocurrencyAn explanation of how our token system will work to create an onchain game economy.

About Spells of Genesis

♦ Spells of Genesis (SoG) is an upcoming game for iOS

and Android being developed by Swiss-based company

EverdreamSoft (http://www.everdreamsoft.com).

♦ It is a combination of a trading card game and an

arcade game with a storyline based on cryptocurrency.

♦ Bitcoin payment will be accepted in the game.

♦ The game economy is based on the block chain.

What is block chain?

A block chain is a transaction database shared

by all nodes participating in a system based on

the Bitcoin protocol. A full copy of a currency's

block chain contains every transaction ever

executed in the currency. With this information,

one can find out how much value belonged to

each address at any point in history.

Three types of Counterparty tokens

♦ Cards

♦ Gems

♦ Mines

(Counterparty is a platform which can be used for creating

custom tokens which act as their own cryptocurrency,

while still running on the Bitcoin blockchain.)

Three types of Counterparty tokens

Cards - used to play the game

Gems - premium currency

used to buy cards and unlock

special features in the game

Mines - tradeable assets

which produce gems

Cards

Each type of card is represented by a different

Counterparty token...

TokenA TokenB TokenC

How game assets might look (if they were in

the real world)

How these assets look in the typical

counterparty wallet

Assigning counterparty tokens to game assets allows

gems, cards and mines to be bought or sold freely

outside the game.

Cards

Players will own their

cards not only in the

game world but also on

the blockchain.

In-app store vs Secondary Market

SoG In-App Store

♦ Players can buy card packs

and unlock game features

♦ Prices fixed by EverdreamSoft

Secondary Market

♦ Community marketplace

with SoG players and

backers

♦ Players sell gems and

mines as they wish

In the secondary market

♦ Players trade, sell or

buy cards as they wish

♦ Each card’s price is

determined by the

players in the market

2 gems 4 gems 5 gems

Some differences

You can buy single

cards from the

secondary market

Buy card packs from

the in-app store

Gems

♦ Gems are the premium game currency used

to buy cards, acquire in-game items and

unlock special features.

♦ They are burned when used/consumed for

buying items regardless of which

marketplace they come from.

Gems

The SoG in-app store and/or from the secondary market

Gems do not have a fixed supply and can be bought from..

Buying Gems: An Example

♦ It’s very likely that players will be able to buy gems for a

cheaper price in the secondary market than at the official

market.

♦ However, if players are more comfortable buying from the

SoG in-app store, they can do that.

= $10 = $6? / $7?

Buying Gems: An Example

♦ If players keep buying from the secondary market,

eventually the supply of gems in the market will approach

zero, and players will have to buy from the SoG in-app

store.

= $10 No more gems!

Mines

♦ Mines are tradable assets which produce gems.

♦ There is a fixed supply of mines (100,000) and all of

them will be sold during the crowdsale period.

Revenue Sharing:

How Gems and Mines work

♦ EverdreamSoft makes money from the sale of gems in

the official SoG in-app store.

♦ When players buy gems from the SoG in-app store, EDS

sends them to the players, while also simultaneously

issues the same amount of gems to be sent to the

mines.

An Example

♦ A player buys 10 gems from the SoG in-app sotre.

♦ There are 100,000 mines.

♦ EverdreamSoft distributes 10 gems to all 100,000 mines

equally.

♦ All mines receive 0.0001 (=10/100,000) gems each.

♦ So anyone who owns 1 mine in SoG has 0.0001 gems.

I’m buying 10 gems

1 gem = $10

10 gems are also distributed equally

among all 100,000 mines which exist

Mines

Each mine receives 0.0001 gems

(=10 gems/100,000 mines)

If

Since each mine receives 0.0001 gems (=10

gems/100,000), anyone who owns 1 mine in

SoG will have 0.0001 gems.

If anyone owns 500 mines in SoG, they will

have 0.05 (= 0.0001 * 500) gems to be used in

the game or sold to other players.=0.0001

Mines

Mine-holders can use gems for

♦ resale at the secondary market OR

♦ acquiring in-game items such as cards

Mine-holders can also choose to resell their mines (which

produce gems) in the secondary market!

Free mines are being rewarded to everyone

who supports our project and signs up at

http://www.spellsofgenesis.com before the

crowdsale begins!

Any questions? Let us know!

♦ Contact us at info@everdreamsoft.com with the

subject line “Token System Question”.