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Showing 20 of 147 results by BunkerChain.Labs.Inc.
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Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 11/05/2017, 15:16:43 UTC
The whitepaper is too general and vague IMHO. But most importantly, why there is no new code on Github since last summer?

There was a reason for that. We knew we had a long lead time.. and what we were releasing was quickly being copied and made it's way into several other projects whitepapers who have gone on to launch their own ICOs off our materials. So with that we felt it best to keep things to be released closer to when they are actually released lest a first mover advantage or confusion over who made what first happens.

That code that is public is of course public.. and demonstrates our capability to execute on what we are doing.

I understand some people itching to dig into the guts of this for their own curiosity, but sadly there are others in the world who dig for other reasons.

Hope this is understandable.
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Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 10/05/2017, 18:28:56 UTC
Tier 1 is now sold out.

Tier 2 is selling...

www.peerplays.com
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Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 10/05/2017, 16:57:19 UTC
IT is always the same: nobody wants to take any risks for investments, but everybody wants to get rich  in a few days...  Cheesy

Testify!  Grin
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Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 10/05/2017, 07:16:22 UTC
Question (see also: https://www.reddit.com/r/Peerplays/comments/69ont1/crowdfunding/)


Today 9th May (4 days to go to the end of the Tier) we are only at 65.83% of the first tier.
If this ICO is honest, I think it is safe to assume that it will almost surely not reach the desired 5mil$.


So, what happens exactly if not all tiers are completed?  Huh

Possibility 1: Out of the 950.000 tokens distributed in this ICO, those that are not bought are burned.

Possibility 2: All 950.000 tokes are distributed anyway to those who participated to the ICO
(effectively reducing the price of 5$/token).
For example, if only the first tier is completed (5$/token for a total of 200.000 tokes), then all 950.000 tokes
are distributed to those who participated (proportionally), basically giving away the 950.000 tokes at about 1.25%.


I tried to have a look at http://www.peerplays.com/docs/Peerplays_Bulletin-Feb_2017.pdf
But doesn't seem to consider the possibility of not reaching the goal of 5mil$.

Please answer.

I like the project, but this ICO is very poorly advertized and promoted on the web.
I'd like also to mention that:
1) the reddit page is almost dead.
2) the webchat "https://peerplays.chat/" does not allow me to register ('wrong domain' error?)
3) this thread had very few questions and activity.

this seems a bit suspicious assuming that Peerplays aims at promoting a new gambling platform (and has already
accumulated significant money from previous pre-ICOs).

Please provide some explanations, I'm very interested and I'm still considering investing on this project.


I appreciate the attempt at analysis of some kind.. but so many of these questions have already been answered many times over in many places. We also are available online to answer questions all the time. All you have to do is ask. Regardless, lets answer some of the questions here:



So, what happens exactly if not all tiers are completed?  Huh

Possibility 1: Out of the 950.000 tokens distributed in this ICO, those that are not bought are burned.

Possibility 2: All 950.000 tokes are distributed anyway to those who participated to the ICO
(effectively reducing the price of 5$/token).
For example, if only the first tier is completed (5$/token for a total of 200.000 tokes), then all 950.000 tokes
are distributed to those who participated (proportionally), basically giving away the 950.000 tokes at about 1.25%.


Asked time and again... and we have said time and again the remaining tokens simply will be unminted.


Please answer.

I like the project, but this ICO is very poorly advertized and promoted on the web.
I'd like also to mention that:
1) the reddit page is almost dead.
2) the webchat "https://peerplays.chat/" does not allow me to register ('wrong domain' error?)
3) this thread had very few questions and activity.

this seems a bit suspicious assuming that Peerplays aims at promoting a new gambling platform (and has already
accumulated significant money from previous pre-ICOs).

Please provide some explanations, I'm very interested and I'm still considering investing on this project.

I looked for a question but saw none. Just observations of anything that could be cast in a negative light. Regardless of a reddit channel we never gained traction in, or a few chat channels that you had some trouble with or don't have a lot of activity in because there is more activity elsewhere, or a bitcointalk thread that we paid little attention too because we were engaged directly with people asking us questions... we have a working profit sharing gaming platform blockchain which launches in just over two weeks with or without some people.

If you're interest is in this bitcointalk thread you can go back to the beginnings where people couldn't understand how their $2-$3 'priced too high' presale tokens started trading at $10 then $20 then $30 nd ending at $42 each in less than six months. How we skyrocketed to #9 in Coinmarketcap in the end.

I highly recommend once again for anybody who wants the facts and want to really know what is going on to simply sign up on Telegram @Peerplays.. we have an awesome community forming and now have as of writing this 244 members.
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Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 10/05/2017, 06:07:41 UTC
6 million tokens at 41$
Where did you see that? afaik (and I might be wrong here), when the price was at $41 the total supply was only 1million.


but the founder state they end up with 42 mil marketcap so there was only  1 million supply at start and now they gonna change 1 old token for 10 new token for $5 for 2nd ICO round

hm... yes... where is the problem?  even with 10 million tokens the new marketcap will be 50 million, where do you see a problem here?

https://coinmarketcap.com/assets/peerplays/

I see a huge problem. For the new investors they dont know the token is already increase 25x the first round of ICO. Its a huge risk to get dumped on. Founders should update it on the first page here so new investors are aware they change there token supply from 1mil to 6 or 9 mil. Its misleading, I though i could buy for 5$ seems a good price. Only 2.5x the pre sale. Seems reasonable but if you know the price is already 25x of there pre sale its too risky.

Seems a good project but shady to freeze the price at peak without announcing. If they announce before the freeze price it will never stay at $41. So i think its a inside trade to push the price up before freezing and let newcomers buy on peaks.




Published February 21 a week before the crowdfund started:

www.peerplays.com/docs/Peerplays_Bulletin-Feb_2017.pdf

In here we have given great detail of all distributions including the UIA 10:1 allotment which is being claimed above as being unknown.

In regards to "shady to freeze the price at peak without announcing".. I completely agree that is seriously shady. Good thing we gave everyone two weeks notice prior to closing the markets in order for them to buy/sell/hold as they saw fit:

www.peerplays.com/news/important-announcement-peerplays-snapshot-date/

The only market that was open was Bitshares DEX, the most transparent market in the world that operates on a decentralized blockchain. We had no involvement in the trading that took place. It's all public and on the blockchain, so anybody can certainly check into it.

I could go on, but I trust everyone can judge for themselves at this point.

So for all the newcomers, you are welcome to check into the facts of the matter rather that this. Join our Telegram group @Peerplays and ask questions.







Ok, I apologize for not researching 100% about the exchange freeze. About buying in the end of the freeze we can't proof its inside or not.

But I still stand 1:10 is misleading for new investors. But I hope I cleared up some knowledge for new investors at least.

This my last post here and I apologizing for the fud. Good luck with the project


Once again the persistence of false narrative is showcased in this final post.

All I can do is repeat once again what was already stated in the same transparent and very detailed and clear language we have illustrated throughout this project since it started:

www.peerplays.com/docs/Peerplays_Bulletin-Feb_2017.pdf

Everyone should study this for themselves. The document is significant. Many professionals and legal counsel contributed to this document and it passed through many layers of approval before it was made public. We take communication very seriously and went to great lengths to provide more transparency than what is the defacto. So to say we have been 'misleading' in any way is a stark mischaracterization of the facts and our clearly demonstrated intentions over the span of nearly a year.

Join us in @Peerplays Telegram Group.. feel free to ask questions.


Is there anything to justify this jump in price though? Investors invested 1BTC in pre ico will have a lot of incentive to dump for immideate 25x gains... so better buy after the ICO ?

Well.. some facts: We closed last time at a $42m market cap.. today we are coming out at $30m market cap.. so there is room to grow.. this was at a time when a $42m market cap had us in the TOP 10 of CMC.. we were #9. Today that same spot is occupied by a project that at the same time we were valued at $42m was valued at $18m.. and is now sitting at $347m... its all speculation at this stage.. its amazing whats going on though.

The blockchain is launching.. with or without you. Our presale had people saying these exact same things at $2 to $3 when we had nothing but a whitepaper to show. Today we have a team of 25 developers worldwide, proven ability to deliver on our milestones... and a working technology and already have raised nearly $5 million.

These attempts to misdirect on price have increasingly seemed more like an attempt to shake us down to lower it in some fashion when we have in fact already come in at a discount. ICO dumpers just cant see it.. and really who wants them in a starting blockchain?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 07/05/2017, 15:29:28 UTC
Will witnesses be able to generate new coins?
At what rate?
How many witnesses can be created?
Is there a cap on the total coins that can be created?


1. Witnesses are block signers. They cannot generate on their own.. it is predetermined in the code.
2. 3 second or less blocks.
3. In theory unlimited. We will have to put a number in the code though, so will start with 1000 upper limit.. more likely to start with 15 or so.
4. Hard limit in the code similar to bitcoin 21m we have set at 15m.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 04/05/2017, 02:01:17 UTC
6 million tokens at 41$
Where did you see that? afaik (and I might be wrong here), when the price was at $41 the total supply was only 1million.


but the founder state they end up with 42 mil marketcap so there was only  1 million supply at start and now they gonna change 1 old token for 10 new token for $5 for 2nd ICO round

hm... yes... where is the problem?  even with 10 million tokens the new marketcap will be 50 million, where do you see a problem here?

https://coinmarketcap.com/assets/peerplays/

I see a huge problem. For the new investors they dont know the token is already increase 25x the first round of ICO. Its a huge risk to get dumped on. Founders should update it on the first page here so new investors are aware they change there token supply from 1mil to 6 or 9 mil. Its misleading, I though i could buy for 5$ seems a good price. Only 2.5x the pre sale. Seems reasonable but if you know the price is already 25x of there pre sale its too risky.

Seems a good project but shady to freeze the price at peak without announcing. If they announce before the freeze price it will never stay at $41. So i think its a inside trade to push the price up before freezing and let newcomers buy on peaks.




Published February 21 a week before the crowdfund started:

www.peerplays.com/docs/Peerplays_Bulletin-Feb_2017.pdf

In here we have given great detail of all distributions including the UIA 10:1 allotment which is being claimed above as being unknown.

In regards to "shady to freeze the price at peak without announcing".. I completely agree that is seriously shady. Good thing we gave everyone two weeks notice prior to closing the markets in order for them to buy/sell/hold as they saw fit:

www.peerplays.com/news/important-announcement-peerplays-snapshot-date/

The only market that was open was Bitshares DEX, the most transparent market in the world that operates on a decentralized blockchain. We had no involvement in the trading that took place. It's all public and on the blockchain, so anybody can certainly check into it.

I could go on, but I trust everyone can judge for themselves at this point.

So for all the newcomers, you are welcome to check into the facts of the matter rather that this. Join our Telegram group @Peerplays and ask questions.







Ok, I apologize for not researching 100% about the exchange freeze. About buying in the end of the freeze we can't proof its inside or not.

But I still stand 1:10 is misleading for new investors. But I hope I cleared up some knowledge for new investors at least.

This my last post here and I apologizing for the fud. Good luck with the project


Once again the persistence of false narrative is showcased in this final post.

All I can do is repeat once again what was already stated in the same transparent and very detailed and clear language we have illustrated throughout this project since it started:

www.peerplays.com/docs/Peerplays_Bulletin-Feb_2017.pdf

Everyone should study this for themselves. The document is significant. Many professionals and legal counsel contributed to this document and it passed through many layers of approval before it was made public. We take communication very seriously and went to great lengths to provide more transparency than what is the defacto. So to say we have been 'misleading' in any way is a stark mischaracterization of the facts and our clearly demonstrated intentions over the span of nearly a year.

Join us in @Peerplays Telegram Group.. feel free to ask questions.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 03/05/2017, 05:01:39 UTC
6 million tokens at 41$
Where did you see that? afaik (and I might be wrong here), when the price was at $41 the total supply was only 1million.


but the founder state they end up with 42 mil marketcap so there was only  1 million supply at start and now they gonna change 1 old token for 10 new token for $5 for 2nd ICO round

hm... yes... where is the problem?  even with 10 million tokens the new marketcap will be 50 million, where do you see a problem here?

https://coinmarketcap.com/assets/peerplays/

I see a huge problem. For the new investors they dont know the token is already increase 25x the first round of ICO. Its a huge risk to get dumped on. Founders should update it on the first page here so new investors are aware they change there token supply from 1mil to 6 or 9 mil. Its misleading, I though i could buy for 5$ seems a good price. Only 2.5x the pre sale. Seems reasonable but if you know the price is already 25x of there pre sale its too risky.

Seems a good project but shady to freeze the price at peak without announcing. If they announce before the freeze price it will never stay at $41. So i think its a inside trade to push the price up before freezing and let newcomers buy on peaks.




Published February 21 a week before the crowdfund started:

www.peerplays.com/docs/Peerplays_Bulletin-Feb_2017.pdf

In here we have given great detail of all distributions including the UIA 10:1 allotment which is being claimed above as being unknown.

In regards to "shady to freeze the price at peak without announcing".. I completely agree that is seriously shady. Good thing we gave everyone two weeks notice prior to closing the markets in order for them to buy/sell/hold as they saw fit:

www.peerplays.com/news/important-announcement-peerplays-snapshot-date/

The only market that was open was Bitshares DEX, the most transparent market in the world that operates on a decentralized blockchain. We had no involvement in the trading that took place. It's all public and on the blockchain, so anybody can certainly check into it.

I could go on, but I trust everyone can judge for themselves at this point.

So for all the newcomers, you are welcome to check into the facts of the matter rather that this. Join our Telegram group @Peerplays and ask questions.





Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 02/05/2017, 06:42:58 UTC
This ICO is very quiet. Won't they do any effort on marketing here?

How many dollars have been raised so far?

Outside of the $4 million from private contributions, about 320 BTC have thus far been raised.

The ICO may currently be a bit quiet but the tech is anything but...

I read their white paper and introduction to their ICO. Only a small portion of coin will be sold to the public while most of them have been reserved to devs and angel investors. And the target of ICO is very high for me.
If I understand correctly, the total amount of tokens is close to 6 mil (5.9 mil). While only 950,000 token will be sold in this round at the price of at least 5dollar.
That means a lowest cap of this token ~ 6mil*5 dollar = 30 mil dollars. That's a lot! 

Market cap at previous trading ended at $42million and placed Peerplays at #9 at that time on Coinmarketcap before markets were closed for the snapshot.

Today, as you noted in price, the project would be coming into the market with a launched blockchain and a very solid roadmap this year at $30m which by todays standards places the project at #34 on Coinmarketcap.

Regardless this does bring us in at less than where we left off in the market to give us room for growth considering we have now had six months of further development on top of that.

This is fairly reasonable for something this far along in development and about to launch into production.

As for your other commentaries about most for devs and angels seems a bit exaggerated. About 33% is from people who initially funded the prototype in our presale, and 16% is to founders which are locked up for a year. Doesn't constitute most.

Aside from all of these things. This is a profit sharing blockchain. The first ever. Holding a PPY token means getting a basket of the most used crypto currencies out there be it BTC, ETH, DASH, or BitUSD. This is a unique value proposition available only with Peerplays. How much is that worth compared to a speculative token alone is up for each individual to decide.
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Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 27/04/2017, 21:26:49 UTC
Frozen till june ?
thats almost half a year lol

Not sure what this is in response too. June is a few days and month from now.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 27/04/2017, 21:25:57 UTC
How much is peerplay now?

I remember previously years ago i invest it is like $2 per peerplay and it peaked at $40

How about now?

They are $5 now in Tier 1 of the crowdsale.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 27/04/2017, 20:52:37 UTC
Quick question... when the crowdsale came out in March it looked like the one in the image below:

And there was no redemption keys required. Now it requires to generate and download a redemption key.

How can a balance be checked for someone who participated in the older version?

source: https://steemit.com/peerplays/@ash/how-to-effortlessly-join-the-peerplays-crowdfund



EDIT: NEVERMIND! Just enter your sending BTC address. I guess they changed the ICO, so that people don't do stupid things.


To be clear this format you see above was the OLD format prior to April 24th 2017. Anyone who sends their contribution now this does NOT apply. You can now and after April 24th safely send your contribution in BTC, ETH, DASH, DOGE, LTC, BTS, STEEM, or SBD BitUSD/EUR/CNY to the Peerplays crowdfund.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 07/04/2017, 17:24:11 UTC
Peerplays Reveals Blockchain Gaming and Governance Innovations “For the Win”



Please stay tuned to Beyond Bitcoin every Friday morning at 15:00 UTC for the latest Peerplays updates, including live Q&A with Peerplays founders Jonathan Baha’i and Michael Maloney.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 06/04/2017, 16:28:03 UTC
I'd like to ask something , there's been long since i had my peerplays in ledger account and now i see that my balance is 0 . Can someone guide me what has happened ?

I can only assume you mean the testnet announcement from last year. We launched it for a limited time to allow those that held Peerplays tokens to be able to check how much was available in the sharedrop with Bitshares. Since then though we had to reload the genesis and didn't include those tokens in further testing.

It was only for testing purposes to allow people to check what their balances might be close to when the Peerplays Blockchain launches.

If however this is your account in Bitshares where your balance is zero. Either you had your Peerplays on the market and they sold, or your account was hacked somehow.


Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 31/03/2017, 17:09:31 UTC
PeerPlays Contest - $1000 in Bitcoin up for Grabs!




To Begin..

A HUGE congratulations goes out to @roelandp, who was the winner of $500 in Bitcoin in our latest contest with their cheeky Pear Video - we must admit, we do make a fine "pair".. Well done!! Check out the winning entry here:

https://steemit.com/peerplays/@roelandp/peerplays-crowdfund-explained-by-pears

We had so much the first time around, we've decided to run another contest! This time...

$1000 IN BITCOIN IS UP FOR GRABS!

Rules:

Your entry must include:
https://www.peerplays.com
Tag @PeerPlays
Tag the person you'd have the most fun with when you win $1000 in Bitcoin!
#peerplays #crowdfund #contest

Post your original article or graphic telling the world about PeerPlays on Steemit or Reddit.

Share your link on your other social platforms, including the hashtags mentioned above. The most ReTweets and Likes on Twitter will be the winner! HINT.. Get your entry out early to gain momentum - get ahead of the crowd and get those likes & tweets!

All rules apply as per each platform i.e. Twitter, and this contest is not sponsored by any social platform.

Contest begins at 12:00 UTC March 31, 2017 and ends April 7, 2017. Winner will be announced on the Beyond Bitcoin Show.

Good Luck, Have FUN, and Get Creative!


Retweet: https://twitter.com/PeerPlays/status/847838463445651456
Steemit: https://steemit.com/peerplays/@peerplays/peerplays-contest-usd1000-in-bitcoin-up-for-grabs
Facebook: https://www.facebook.com/PeerPlays/posts/769914383180112
Linkedin: https://www.linkedin.com/company/peerplays
Reddit: https://www.reddit.com/r/Peerplays/comments/62mdsn/peerplays_contest_1000_in_bitcoin_up_for_grabs/


Please stay tuned to Beyond Bitcoin every Friday morning at 15:00 UTC for the latest Peerplays updates, including live Q&A with Peerplays founders Jonathan Baha’i and Michael Maloney.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 29/03/2017, 13:43:03 UTC
All The Best Cryptocurrencies In One - PeerPlays



Please stay tuned to Beyond Bitcoin every Friday morning at 15:00 UTC for the latest Peerplays updates, including live Q&A with Peerplays founders Jonathan Baha’i and Michael Maloney.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 28/03/2017, 18:45:25 UTC
Checkout the first entry:

https://steemit.com/peerplays/@acidsun/peerplays-warrior-my-work-for-peerplays-crowdfund-contest

Can you do better?

If so, could be $500 of bitcoin for you within the next 3 days.

Could even earn more from steemit!

Just be creative and have fun with it!

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 27/03/2017, 04:29:41 UTC
Introducing Our First PeerPlays Crowdfund Contest!

Want to win $500 in Bitcoin?




To Enter, create an original piece promoting any aspect of PeerPlays and upload your content to Steemit. Share your graphic, opinion piece, or other original creation (original Steemit link) to your Facebook & Twitter accounts!

The winner will be determined by the total resteems on Steemit, the $ amount on Steemit (get the whales singing!), total likes and shares on Facebook, and total likes and retweets on Twitter. The winner will receive $500 in Bitcoin!

You must use the following hashtags on all platforms to ensure your likes and tweets are properly counted: #PeerPlays #Crowdfund and #Winning .

Your content will be pushed through our social media channels - so have some fun!

Contest starts Tuesday, March 28 2017 @ 10:00 UTC and runs for 72 hours - at the end of the 72 hours, the winner will be determined and announced on Friday during the Beyond Bitcoin Show!

Got what it takes to win the coin? Then get creating!


Retweet: https://twitter.com/PeerPlays/status/845276675847983110
Steemit: https://steemit.com/peerplays/@peerplays/introducing-our-first-peerplays-crowdfund-contest-want-to-win-usd500-in-bitcoin
Facebook: https://www.facebook.com/PeerPlays/photos/a.606629266175292.1073741828.570935396411346/766033433568207/?type=3
Linkedin: https://www.linkedin.com/company/peerplays
Reddit: https://www.reddit.com/r/Peerplays/comments/61q4lu/introducing_our_first_peerplays_crowdfund_contest/


Please stay tuned to Beyond Bitcoin every Friday morning at 15:00 UTC for the latest Peerplays updates, including live Q&A with Peerplays founders Jonathan Baha’i and Michael Maloney.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 16/03/2017, 02:24:01 UTC
peerplays is not charging you guys 5.00 a coin its 50 dollars on this 2nd round of funding. So what they are doing is 10xing everyones holdings who bought on the first crowd fund who paid 2 to 3.00 a coin. The people paying 5.00 a coin will not get a 10x on the 2nd crowd fund of the coin. So the president i talked to confirmed it. So basically if you bought in the first ico you get a nice deal the people who are buying now are paying like 50 bucks a coin because you wont get a 10x inflation like the first round. So this is imo a rip off for the 2nd round buyers. He thinks its ok to boost the ico pric eto around 50 bucks cause they closed it at 41 on market cap that has nothing to do with a ico price. They are going to have 10 millions and who knows who these 4 million dollar private investors are they can easily flood the market with peer plays and destroy the price of it. Maybe they hold and it stays around 5.00 but I doubt it. This 5.00 price is a rip off. Its double the price of the first ico and your not getting a 10x inflation like everyone else ( including the private investors) from my understanding.


peerplays uia's were traded at $41 before they were locked at 23rd of december. so if you are calculating a little bit, it is a quite fair deal that is offered to the new investors. remember: the tokens are locked since december and can't be traded since the end of may. nearly half a year our money is blocked and we are taking the risk that they are not running away with our money... so tell me, what risks are YOU taking, if you are investing now, at a time when the peersplays blockchain has been developed and ready to take off?Huh

That has nothing to do with new investors. If it got halted that is not new investors problem. So if it got halted at 41 they should be 4.10 cents if they want to follow the market cap. Not 5.00 and tell people they are paying for a 41 million market cap. The people buying into this ico are being over charged. An ico is about getting it cheaper before it hits the market. Not the market price when it was really high. So if there is no lock out period for the 4 million from private investors ( who remain anonymous no proof of other investors) they can flood the market with peerplays and sell all of their shares and destroy the price and buy back at a lower price. I just don't think they will get many more investors in this ico. I been wrong before but this is very fishy to me. But gl with it I do hope it works out for everyone as I have heard the co founder is well known and respected person in the crypto community. So we will see but I am just going to wait for it to hit the market and expect the 4 million dollar investors to sell off and I can get it much cheaper. I do like the idea of it. And if I am wrong I guess I will miss the boat on this one.

I beleive ur assuming a little too much on that, I mean normally ico's offer up special deals to bulk investors. That is if their buying structure is tiered, there would be no advantage to them to buy bag fulls at the price the average joe buys in right? Doubt any of these strategic investors paid anywhere near 5 bucks

The Peerplays Bulletin details all of this in full transparency and was open for public review weeks prior to the launch of the crowdfund.

Section 3 - Token Information gives a full detail of the distribution. The strategic donations amount to 1 mill PPY tokens. The $4mill means thats they paid $4 per token. This is effectively only a 20% difference from where the public sale started. In addition to this, that 20% difference of the strategic doners has to be locked up for at least six months. This was done in the interest of ensuring stable markets following launch and ensuring alignment of interests.

In case anyone missed it, here is a link to the document: https://www.peerplays.com/docs/Peerplays_Bulletin-Feb_2017.pdf

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
BunkerChain.Labs.Inc.
on 09/03/2017, 02:31:24 UTC
Whats happens if you don't reach $5,000,000? Will you refund the "donations"?

You can review the details in the Peerplays Bulletin under SECTION 2:

https://www.peerplays.com/docs/Peerplays_Bulletin-Feb_2017.pdf

Project will continue  and blockchain will launch on schedule May 30th, 2017 and less tokens will be minted in the scenario we do not reach the full $5m.