Quote from: Sozialtourist on October 10, 2017, 01:16:29 PM

Quote from: jasong on October 10, 2017, 10:45:57 AM

Boost was implemented specifically with mobile gamers in mind, users often find it akin to gems in Clash Royale. While in its current form it serves for only tournaments, it will also be used for purchasing GGID items, as well as other transactions where we will not be able to initially use GZR. If you take a look at our item distribution here: https://imgur.com/B71Q8v9 you'll notice that there are common, rare, legendary, insane and unfathomable items. Common items, as well as rare items, will also be purchasable with boost, whereas GZR items represent significantly more impactful, collectible and sought after items. We will transition over from the boost system to a blockchain based system which fully utilizes the potential of GZR down the line. This is the best move from a legal standpoint, but we also believe that it will help widespread adoption of GZR items as more players begin surfacing with the incredible items they unlock from GZR and many players will want to emulate this.

Sorry but I am still not 100% clear about the difference between Boost and GZR. So Boost is the in app currency that you currently have and that is pegged to fiat (100 Boost = 1 USD) but you plan to abandon the boost sytem for a system based on the blockchain, right? Do you mean GZR with that new system? Will your blockchain based system also be pegged to fiat?

Boost is a DIGITAL currency used as an in-app currency and pegged to fiat. You can use it to cash out to buy gift cards or cash out to fiat. Boost can also be used for wager events.

GZR is the ERC20. It's underlying value unlocks collectible, customizable profile items.

The blockchain based system you mention would be pegged to fiat, just like every other alt.