How can this startup compete with such a successful giant as NVIDIA on their own field?..
Nvidia have released a Cloud Gaming platform built upon their GPUs. And those guys, they're kind of manufacturing those GPUs themselves...
http://www.nvidia.com/object/cloud-gaming.htmlIf you read about their history they worked with Nvidia when building their current platform and company that has 750,000 subscribers mostly in Eastern Europe. The direction they are taking, eventually, will allow those with high end gaming rigs to rent them out when not gaming. You own a nice gaming rig, when you're not using it you load their virtual machine and let the rig "mine" playkey tokens by letting others use your rig. Nvidia is going the centralized route which is probably why playkey is changing things up going decentralized, taking idle rigs and putting them to work for others. This should allow them to compete on price if they get scale. Idle rigs just need to make a little more then power costs to make it worthwhile. Doesn't mean the rig will pay for itself by mining, Nvidia needs to ROI all the hardware they put in the cloud. Just a thought, and I could be wrong about their business plan but it's only way they can compete, putting idle rigs that were already purchased by gamers to work when not being used. And "mining" palykey tokens won't use as much power as mining other crypto since you're not running at 100% the entire time.
This is a cool idea if they can figure out the technical aspects but I fail to see why anyone would participate in this ICO. There is a limit to the amount of money someone will pay for this service. Its impossible for this coin to rise in value because at the end of the day, the only value is the ability to use it to rent gpu time.
There's a limited supply, so if this takes off the subscription price can stay the same but more customers will mean more people buying $10 or whatever worth of the token. Same reason Bitcoin went up, limited supply. So the currency being limited means more people using the service the higher the price has to go, simple supply and demand.
All that said 100 million tokens is a pretty big supply, and it needs scale for it to even compete, and for the tokens to rise in value. Only reason I'm looking at it is their is an established company with almost a million customers already using their services. The white paper leaves a lot of questions, is playkey going to buy servers and "auction" them off going the data center route because then that is going head to head with Nvidia and seems like I'd rather own equity in the company than tokens. If this is going to lead to people with idle rigs renting them out (mining) at low rates then this could be a more cost effective way to offer gaming as a service. I'm interested but probably pass because I'm not clear on the business plan but will follow.
I saw the price was lowered to 0.004 ETH is that the presale price or the Nov. 1st price?