Post
Topic
Board Altcoin Discussion
Re: CryptoKingdom Uncensored
by
bv68bot
on 14/03/2018, 05:11:55 UTC
Literally no new player will join a game with around $10 million dollars in "debt" associated with around 50% of the game.

^^This,  CK still has great potential, but starting any reboot 10 mil USD underwater makes it almost impossible.


CK is like a DAO where the game is owned by the players, Loaf is correct, nobody will invest new funds into a venture with this level of debt

what CK needs most to recover is a critical mass of active players, so the choice is between:

1- a fresh start, start by auctioning off game currency like gold or M as Risto did originally in 2014 to get dev funds i.e an ICO

2- write off the existing debts and fork the DB, use Risto's accounts as dev funds

Neither is a good option, 1- writes off everyone's in-game wealth, but 2- writes off only those owed b1 and e1 by Risto and some proxy accounts that might be his friends.

Anyone still following CK is certainly sitting on massively devalued in-game assets and wont invest anymore funds, or those who successfully bailed during the depo exit opportunity but still find CK interesting enough to keep watching. Getting new people requires consolidating the players already here, and that means not disadvantaging them anymore than they already have, BUT, unless someone has a great idea for generating 10 mil USD to pay off past debts, the obvious conclusion is to follow Loaf's roadmap, not because it's 'fair', but because there's no alternative other than starting over from scratch with a new game entirely..

The only other alternative to Loaf's roadmap would be trying to get some of the old players who exited with good profits when the depos were active to re-invest, but how likely is that, and at what terms? Doesn't seem likely, not unless CK is already up and running, so it's a chicken & egg problem getting those guys to re-invest.

Unless the devs Loaf has are working for free we'll need dev funds long before any chance of ever paying off 10mil of debts. If you work through the options Loaf's plan has the best chance of kickstarting the game enough to get new players, Risto's accounts are substantial, and using those assets doesn't dilute existing players, but it does get the dev ball rolling.