Post
Topic
Board Securities
Re: S.MG - The Ministry of Games.
by
freedomno1
on 06/06/2013, 16:27:04 UTC
It is interesting to note that as far as I know it does have a complete monopoly on game investment in bitcoin by default
Less an arcade site or two that accepts bitcoin so a potential oligopoly in that market
(I do not know their development strategy but assuming a game company arcade seems logical if they enter the market)
https://bitcointalk.org/index.php?topic=174724.0

As a bitcoin game developer and designer it has a monopoly
Whether that amounts to dollars and profits remains to be seen and really depends on if you believe in leadership or let the leadership prove itself.
Whether they can find game developers who know how to make good games, and whether they can make good games people will buy is another question.

Is S.MG going to focus on a certain niche of games (beyond using Bitcoin)?
Not so far. In general specialization occurs as a result of competitive pressures. There being no competition, specialization doesn't make sense at this point.

Whether this strategy is a good one or not depends in the end it is about money and fiat to fund games the fact it is denominated in bitcoin makes it fundamentally no different than a game design start-up, what does matter is the lineup.
Bitcoin has a lot of IPO's it really comes down to leadership and performance and your trust in the person.
That said it is interesting just because its not a mining fund or along similar lines but is a shot out at left field
By left field I mean a whole new area of exploration and so is worth monitoring

There was a question I did have
Are they going to focus  on online gaming (Arcade Sites) PC Gaming (Actual unit's in stores) Something along the lines of a MMORPG (World of Warcraft), or is the type of gaming still uncertain.
Each has different risks so seems like a fair question to ask and it is called the ministry of gaming but what will be the first Ministry Smiley

Anyways thanks again
Also Does the IPO member have a bitcointalk account to answer shareholder/potential stakeholders questions?
(If there primary language is not English, do they have an account in a subforum in another language and let us use translators instead)
Should not assume we must make them learn English Cheesy