Re: [ANN][DSO] Xarcade | Powered by NEM

Good evening! What does the platform enable for its users?

The Platform enables users to exchange, purchase and transfer the in-game credits, which would be accessible from: (a) The desktop; (b) Mobile devices; (c) An in-game browser window.

The next question is about functions. What features does the platform include according to website? Huh

a) API-call access to NEM through any blockchain node.
(b) NEMs Mosaic feature, which creates individual tokens on the NEM chain and are customizable by amount in either a fixed or a mutable quantity. Each mosaic is assigned a name that is under a unique domain in the namespace system in the format of "subdomain.domain" mosaic
(c) NEM uses a Node Reputation System to ensure the blockchains security and function by monitoring a past nodes behaviour
(d) The Namespace feature which leases names for blockchain accounts.

What is the procedure of how XAR pricing will work? You know this is very interesting point for me.

Throughout the DSO, the pricing on the XAR will be based on the pricing updates provided by Coinmarket.com: The prices from Coinmarket.com will be sampled every 5 minutes and will be averaged on the hour (the sum total price/12) It is important to note that each batch of transactions will be valued every hour on the hour. Therefore, (for example) if a transaction is sent in at 15:22 UTC, it will be valued based on the average between 15:05 UTC and 16:00 UTC.

Also I have question about prices. How the price is going to be changed. What is going be the rate of increasing or the scale?

XAR market value is fixed at 1. During the DSO subscribers will get 20% discount.

it´s refreshing to see a project with real usecase and which is not a speculative asset in first place. A pity that most people just search the quick buck