Transcript
Page 1: Innovating Game Economy with Cryptocurrency

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

Page 2: Innovating Game Economy with Cryptocurrency

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.

Page 3: Innovating Game Economy with Cryptocurrency

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.

Page 4: Innovating Game Economy with Cryptocurrency

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.)

Page 5: Innovating Game Economy with Cryptocurrency

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

Page 6: Innovating Game Economy with Cryptocurrency

Cards

Each type of card is represented by a different

Counterparty token...

TokenA TokenB TokenC

Page 7: Innovating Game Economy with Cryptocurrency

How game assets might look (if they were in

the real world)

How these assets look in the typical

counterparty wallet

Page 8: Innovating Game Economy with Cryptocurrency

Assigning counterparty tokens to game assets allows

gems, cards and mines to be bought or sold freely

outside the game.

Page 9: Innovating Game Economy with Cryptocurrency

Cards

Players will own their

cards not only in the

game world but also on

the blockchain.

Page 10: Innovating Game Economy with Cryptocurrency

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

Page 11: Innovating Game Economy with Cryptocurrency

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

Page 12: Innovating Game Economy with Cryptocurrency

Some differences

You can buy single

cards from the

secondary market

Buy card packs from

the in-app store

Page 13: Innovating Game Economy with Cryptocurrency

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.

Page 14: Innovating Game Economy with Cryptocurrency

Gems

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

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

Page 15: Innovating Game Economy with Cryptocurrency

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?

Page 16: Innovating Game Economy with Cryptocurrency

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!

Page 17: Innovating Game Economy with Cryptocurrency

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.

Page 18: Innovating Game Economy with Cryptocurrency

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.

Page 19: Innovating Game Economy with Cryptocurrency

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.

Page 20: Innovating Game Economy with Cryptocurrency

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

Page 21: Innovating Game Economy with Cryptocurrency

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

Page 22: Innovating Game Economy with Cryptocurrency

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!

Page 23: Innovating Game Economy with Cryptocurrency

Free mines are being rewarded to everyone

who supports our project and signs up at

http://www.spellsofgenesis.com before the

crowdsale begins!

Page 24: Innovating Game Economy with Cryptocurrency

Any questions? Let us know!

♦ Contact us at [email protected] with the

subject line “Token System Question”.


Top Related