| Drownhim+to+issue+DROWNS+tokens But. There is NO ICO. We are not going to initiate 1001th campaign, where the most of collected resources are spending to such things as making a noise and buzz, list on the exchanges, speculative playing with token exchange rates etc. Yes, were looking for investors, but our priority goal now is to present perfect game to the wide circle of players. Why were issuing DROWNS is because we need promoters of the game in social media, but it should be MOTIVATED promoters. Initially, DROWNS will not be crypto tokens, instead it will be just an amount in DROWNS currency on the players account on Drownhim.com site only. We dont like to take all hassles associated with tokens processing at this early testing stage. Later, if things will go well, it will be converted to ERC20 tokens to be tradable outside Drownhim.com Why the DROWNS have a value even now, at the very beginning? Because well hold special rounds, where the players pay by DROWNS, but get winnings in BTC. Such rounds well call DRN->BTC rounds. DRN->BTC rounds will be scheduled in advance on a weekly basis like this: Week DROWNS ACCEPTANCE BTC WINNINGS rate roughly 34 10080 20000 Bits 1.98 35 9000 20000 Bits 2.22 The above means, that on Week 34 the special rounds (10 players max each) will start continuously with some declared in advance check-in fee, say, 2 DROWNs and the prize, say, 20 Bits. These rounds will run until one of the following conditions occur: - DROWNS acceptance amount reached - BTC winnings amount paid - The week ended (but before that, well spend all 20000 bits of winning fund - it means that in last rounds the prizes may be high!) Therefore, the DROWN value in BTC on a given week is roughly determined as BTC WINNINGS / DROWNS ACCEPTANCE, but, it also depends on number factors, such as number of players in specific round, day of the week (to the end of the week the prizes may be higher) and others. Only limited number of DROWNS will be issued: 10000000. The information of the DROWNS holders - Drownhim players will be public like this: DROWNS holder Amount Mike221 1020 Luckyman 10200 Total circulated: 11220 admin: 9988780 Total: 10000000 DROWNS ACCEPTANCE will be determined depends on on the total number of DROWNS circulated (owned by all holders except house/admin) at the beginning of the week as 1/2-1/4 of this amount. BTC WINNINGS are coming from the marketing funds, initially set to 20000 bits/week. The more players will come to the game, the more BTC WINNINGS well be able to pay, raising by this the DROWN value in BTC. This is our model of promoters motivation. The DROWNS will be given to the promoters/players on: 1) Bounty campaigns in FB, Twitter and Telegram 2) Airdrops for taking part in games chat and probably other actions. The advantages of DROWNS in contrast with ICO crypto tokens are: - Its easy to transfer DROWNS to the participant - your DROWNS account will be credited just after bounty moderator confirms your posts without delay - The holder dont need to wait until the project will place the tokens on the exchanges to convert it into BTC or fiat. He/she doesnt need also to register on new exchanges just to change his/her small amount of tokens. - The price of the DROWNS is not subject of speculation of a lot of unclear parties, but depends solely on the Drownhim.com project success. |  |