Quote from: Jack Kuveke on March 29, 2017, 02:31:55 PM

Quote from: FandangledGizmo on March 29, 2017, 02:15:50 PM

Quote from: Jack Kuveke on March 24, 2017, 01:09:59 PM

The Economics of MobileGo and GameCredits

Watch the video here: https://www.youtube.com/watch?v=a_saWJKtOS8&t=3s

Very good video, should clearly generate demand for GameCredits.

In terms of MobileGo release, having now given a sample of what games will be available it may better to wait and announce everything on release day.

The drip, drip as possibly demonstrated by the price action doesn't build the suspense and excitement that a single big unknown reveal would.

We appreciate the support and input. However I have to personally disagree. The price started to drop before we announced any games. And after we did, there was definitely an increase at least for a period of time. But that's not even really the point.

The GameCredits team wants our price to rise for the sake of our investors, and because we feel our platform has been undervalued. With that said, price building up to the launch of our store isn't really important to us. What determines the price for our investors and for ourselves is if we do our job well. Our job is to bring GameCredits and cryptocurrency to gamers in an easy to use and incredibly beneficial format. If we do that our coin has the potential of reaching the top 10 in marketcap through micro transactions made by gamers. This is the power of GameCredits. We've just revealed three games that we're going to launch on. Combined these games have earned their developers millions, and we have even more impressive titles on the way. Releasing the names of these games builds trust and passion within our community which is critical to the platform we are creating.

Also, the MobileGo crowdfund launches April 25th. The more money raised there, the more money used for direct marketing of the gamecredits store. Marketing means more gamers and more gamers means millions of micro purchases of gamecredits which are all transacted through exchanges creating immense market pressure. Creating transparency and releasing the games before MobileGo is the best way to attract investors and ultimately profit the entire gamecredits community.

If we wait to release on a set date, who's to say we won't cause a sell the news effect anyway? It happens all the time in cryptocurrency, and has certainly happened to us as well.

Thanks for the response

I realise you guys are and have been about delivering real value long term and are not overly concerned with short term price fluctuations. Personally I think sell the news effect usually occurs when the news has been pre-empted for a while and doesn't surprise to the upside. Hence why I thought withholding some these great titles and or other news could be beneficial. Whichever approach you use, I'm sure GameCredits will continue to approach a higher more fair value before release and however it responds to the event it will continue to grow after that based on the fundamentals of your solid approach & gamer demand for GameCredits. Best of luck!