Hello,
Quick questions for those that most likely know more than me about MobileGo tokens. Besides this being like a normal ipo in the stock market what makes this coin worth it? It appears all the awesome features are on gamecredits. I can see gamecredits prices moving upwards because of MobileGo ICO, however, how many people are actually going to run decentralized player games or tournaments? Is there actually a big market for mobile game virtual items?
I am unsure if them buying back coins with profits is really enough, seems more like a long-term loan with no forced payback requirement.
I have invested some, and I want to invest more. Am I missing something critical?
Thanks
It certainly does look like the money from MobileGo will be used to boost and develop Gamecredits.
As far as I understand there will be MobileGo coins burnt over time leaving less coins in circulation. Less coins mean higher value. I dont know if there will be other use for MobileGo but I could be wrong.
MobileGo are used for three main things:
Player to player virtual item trading (Someone recently sold an in-game planet for 6 million USD)
Player run wager tournaments (players can set up tournaments with their mobilego and wager against others)
Player to player wager matchplay (players can wager against a single person on the outcome of a match)