Re: [ANN] ION [ION] | ICO LIVE | PoS 3.0 | Mobile Gaming | Join the ionomy today!
The API is gonna link to Apple Google and Ionnomy.
What I don't know.....
Is this a bit of innovation or do other companies offer the same. I also heard that later the API is going to be made available to external devs to do there own thing
What I don't know.....
Is this a bit of innovation or do other companies offer the same. I also heard that later the API is going to be made available to external devs to do there own thing
So in other words: Your Paycoin investment will finally pay off when ION goes to the moon thanks to the API being used by game developers all over the world. Soon.
Just one question: Why would all these game devs use ION in
To be fair i'll answer this in an ideal world.
In an ideal world if ionomy was actually popular and had a huge user base a dev might want to run through their api to leverage the user base and advertising etc.
However none of that exists and its a big ask for 33% of your profit. The ionomy api has been stated to take 33% of your price and then split that over coin buying on exchanges (kinda like a floor program) and 66% to other things.
However its essentially just a layer on top of google play store and ios app store if and thats a big IF it doesn't get removed. Basically as a dev you pay apple 30% of each dollar for their store use and distribution point. Ionomy would like you to use their api so they can take another 33% (higher than apple) so essentially in the end you get 37% or 37 cents in the dollar.
Why you would use your talent to give over 50% to both apple and ionomy together is anyones guess. Apple i can see as the exposure and their store tech etc its obvious... ionomy... meh they really aren't giving you 33% of each dollar in value. Sure you could prebuy ion and hope 1/3 of that 33% goes back to you in profit gains but lets face it with the stakers etc there are lots of people waiting in line to take those.
Its a flawed model that hasn't been thought out and the costings quite high. If they were smart they'd run the api and scheme at a cost neutral point or 0 cost to get people first then slowly raise it when people see proper value if there is any. They have ico funds etc so no need to be greedy on more funds.
My opinion is the api no matter how great they think is just a link between ios/google purchases and sending some coins/money to exchanges to buy/sell. Regardless of how concrete it is it offers not much to devs and basically is run so that devs provide value to ion.
It'll fail spectacularly. When first released i suspect there will be a spike on buyers because everyone will want it to go ahead but it won't sustain itself. It'll drop off after a brief spike.
To be fair i'll answer this in an ideal world.
In an ideal world if ionomy was actually popular and had a huge user base a dev might want to run through their api to leverage the user base and advertising etc.
In your scenario IONOMY would be a multimillion dollar business
To have reached that point would mean that their vision/direction was good so even if you factor elements of greed and self interest it just wouldn'it happen.
I can't comment on your other points because I don't know enough about the Ionomy business model.
Why you would use your talent to give over 50% to both apple and ionomy together is anyones guess. Apple i can see as the exposure and their store tech etc its obvious... ionomy... meh they really aren't giving you 33% of each dollar in value. Sure you could prebuy ion and hope 1/3 of that 33% goes back to you in profit gains but lets face it with the stakers etc there are lots of people waiting in line to take those.
Money - 50% of 10 or 20% of 1,000. Lots of reasons I'll go with they can triple their revenue by monetizing new gaming element as opposed to selling more units
It'll fail spectacularly. When first released i suspect there will be a spike on buyers because everyone will want it to go ahead but it won't sustain itself. It'll drop off after a brief spike.
Valid prediction but what if your wrong. Quantify your loss then when you tuck into a slice of bitcoin pizza
Your 50% of 10 or 20% of 1000 makes no sense. Regardless of volume apple takes 30% .... ionomy wants another chunk as big. So its actually >50% of 10 or >50% of 1000. Its the same as its a percentage... more volume doesn't mean more money percent wise.
Any dev would be better to pay 30% of profit to apple and keep 70%. Please state what "value" people get for the 30% ionomy wants. They already get apple exposure and can advertise through networks on per impressions ingames now. What is ionomy giving? You are a bit vague in your saying triple their revenue by monetizing new gaming element. Can you show how this figure is obtained as at present its an unsubstantiated claim. You can't just say can triple without showing how. THis is false information without justification.
Your 50% of 10 or 20% of 1000 makes no sense. Regardless of volume apple takes 30% .... ionomy wants another chunk as big. So its actually >50% of 10 or >50% of 1000. Its the same as its a percentage... more volume doesn't mean more money percent wise.
Your percentages are not relevant, percentages don't keep the lights on. $$ margin does that, I gave you a reason why a dev would deviate from their norm
You say Bit vague hehe........... I'm just thinking through your scenario.
Now your confusing me THis is false information without justification. WTF
Did you really not understand anything I wrote ?