Bounty campaign update April 24th:

Since we have changed the crowd sale period to April 27th - May 31st, we are also extending the bounty campaign through the month of May.

Since we did a massive Telegram Airdrop campaign yesterday, we have also now closed the Telegram bounty campaign for new participants.

Thank you to everyone supporting our project! Check out our videos:

https://www.youtube.com/watch?v=PymRgGqKEWg
https://www.youtube.com/watch?v=ZDypmo0QciE
https://www.youtube.com/watch?v=u92HLtNcync

We will start auctioning off spaceships soon, a process that will go on for a few months. This will most likely be a very smart way to put your PRSC bounty tokens to good use

Hi, the contract address for PRSC tokens is here:
https://etherscan.io/address/0x4373D59176891dA98CA6faaa86bd387fc9e12b6E#readContract

Team update:

Details about Trading and Warfare

https://medium.com/parsec-frontiers/weekly-update-from-the-parsec-frontiers-team-details-about-trading-and-warfare-4d29c43e0f32

This week we will continue our dive into how the game is being designed and our focus will be Trading and Warfare. Perhaps something about aliens too, how likely is it that we are the only ones in the universe anyway?

We're pleased to announce the official bounty campaign for the Parsec Frontiers Crowd Sale, which starts on May 15th and lasts until May 31st.

We have set aside 300,000,000 Parsec Credits for the Bitcointalk bounty program to reward the community for your support. Some of the bounty campaign programs are stake-based, where all tokens will be distributed according to your number of stakes vs total stakes for that campaign. Other campaigns are fixed per action.


1. All users must register in the official Parsec Frontiers Discord channel
2. Send a message to the bounty manager @Andreia asking to be granted the bounty role
3. You will then be given access to the #bounty channel
4. Announce your participation in the program by replying to this thread
5. Join the individual bounty programs by following each program’s signup link

We have decided to focus the campaign on Twitter, Telegram, Discord, Reddit and content, which means that regular signature and translations are not included this time around. We are looking forward to having your support, and help us spread the news about Parsec Frontiers - a space themed virtual economy with all assets on blockchain. We are using all our official channels to provide information about the project, and are grateful for all your help to publicise the project.

Here’s the full Parsec Frontiers Bounty Campaign Program allocation:

40,000,000 - Twitter
40,000,000 - Telegram - UPDATE: CLOSED APRIL 24!
30,000,000 - Telegram group owners
30,000,000 - Reddit
100,000,000 - Content
60,000,000 - Local communities

Total 300,000,000 Parsec Credits available

You also need to apply to participate in each sub-campaign. These may be closed for new participants at our discretion.

Weeks starts on Monday and ends on Sunday. Week 1 ends March 19th. Bounties will be distributed during June. Stakes and points are distributed after each week has ended.

Once an ETH address has been submitted it will not be changed for any reason, as we cannot handle the administrative side of this. Be careful when submitting your ETH address! Do not submit from exchanges, mixers or any other 3rd party service. Provide only ETH addresses where you know your private keys or seed phrases.

Support for the bounty campaign is handled in the Discord bounty channel, mainly between 12pm and 8pm CET.


To join the Twitter campaign, register here

This campaign is stake-based. For the Twitter bounty campaign we have reserved 13,4% of the total bounty pool - 40,000,000 Parsec Credits.

Reward structure:
200 - 400 followers:   2 stakes per tweet/retweet
400 - 800 followers:   4 stakes per tweet/retweet
800+ followers:         6 stakes per tweet/retweet

Account requirements:

• Your Twitter account must have a minimum of 200 followers.
• Fake, dead, inactive or bot accounts are not accepted.
• Joining with multiple accounts is not allowed, and you will be blacklisted and stand to lose all your PRSC if discovered.
• Your Twitter account’s audit score (www.twitteraudit.com) should be above 85% real subscribers, with more than 50% interested in cryptocurrency

Required actions:

• Register your participation here
• You must be retweeting and liking at least 5 Parsec Frontiers official tweets per week.
• You must create 2 original tweets about Parsec Frontiers per week, each including at least the link to the official Parsec Frontiers website or another official communication channel. These should not be created on the same day.
• You must submit a weekly report form in this thread, with a summary of your participation

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Check your status: Parsec Frontiers official Twitter bounty spreadsheet link


UPDATE APRIL 24: THE TELEGRAM CAMPAIGN HAS CLOSED FOR NEW ENTRIES!

This campaign is stake-based. For the Telegram bounty campaign we have reserved 13.4% of the total bounty pool - 40,000,000 Parsec Credits.

This pool will be divided amongst all eligible and active Telegram bounty participants. In order to participate, you must join the Telegram group and users will be additionally rewarded for contributing high quality content and participating in the conversation in a constructive and positive way.

We promote regular members to moderators if they consistently contribute high quality content and encourage discussion. This is at the bounty managers’ discretion.

Reward structure:
Stakes will be distributed as follows:

• 2 stakes for joining the Telegram group
• 10 stakes for becoming a moderator
• Telegram bounty tokens will be distributed proportionally among the bounty campaign program participants according to the amount of points received
• The reward is capped at 2.5 million PRSC per participant

Required actions

• Register your participation here
• Stay in the Telegram group until the end of the crowd sale
• Be active and supportive in the group. Inactive users can get up to 50% less bounty or be disqualified at the discretion of the team
• Using bad language, spamming, advertising any other service in the Parsec Frontiers group is not allowed
• Only one account on Telegram is allowed. A person found to be cheating by creating multiple accounts will be disqualified
• Notify us in this thread every week that you have been active by posting the following report:

Check your status: Parsec Frontiers official Telegram bounty spreadsheet link


To join the Telegram group owner campaign, register here

This campaign is stake-based. For the Telegram Group Owner bounty campaign we have reserved 10% of the total bounty pool - 30,000,000 Parsec Credits.

Spread the word in your Telegram group about the Parsec Frontiers Crowd Sale and earn some tokens:

100 - 249 Members:    1 stake/post
250 - 749 Members:    2 stakes/post
750 - 2499 Members:   4 stakes/post
2500+ Members:    6 stakes/post

Requirements:

• Your Telegram group must have a minimum of 100 members
• There should be appropriate activity in the group both now and in history, corresponding to its size of course. Approval will be discretionary by the bounty manager
• Joining with multiple groups is not allowed unless separately agreed by bounty manager
• Groups with fake members or invited without permission will be disqualified
• Depending on the group’s size and activity, 1-3 posts is allowed per day.

Required actions:

• Register your participation here
• Invite bounty manager Andreia via Telegram to your group
• Make your posts in the group, see below for an example
• You must submit a weekly report form in this thread, with a summary of your participation in this format:

Sample post:

Virtual galaxy MMO blockchain
Parsec Frontiers Crowd Sale April 16th
Whitepaper - Discord - Telegram

Remember to link to our channels.

Check your status: Parsec Frontiers official Telegram group owner bounty spreadsheet link


For the Content bounty campaign we have reserved 33,4% of the total bounty pool - 100,000,000 Parsec Credits.

We invite you to create blog posts and write articles about Parsec Frontiers, create YouTube videos, promote on other forums (but, do not spam to avoid creating hostility) — all to earn Parsec Credits whilst promoting the crowd sale.

Blogs & Articles
We will reward blogs and articles based upon their quality, with an additional discretionary reward once per user at the discretion of the bounty manager:
250,000 PRSC  Exceptional quality
150,000 PRSC  Great quality
75,000 PRSC    Good quality

Submit a content link to us using this form. We will review your content, and if approved you will be rewarded accordingly. Content must be focused on relevant topics for Parsec Frontiers, and be a minimum of 400 words.

YouTube videos
We will reward videos based upon their quality. Please reach out to Psycheout (Community Manager) on our Discord in advance to negotiate a deal before you start creating content. We will take into account subs on your channel, views and engagement, as well as quality and length.
YouTube video submission form after final video is published: HERE

Large online media contributors
We are looking for contributors with higher traffic tech blogs as well. Make contact with Psycheout (Community Manager) on Discord to discuss further. Reward may vary, and will be at our discretion.

Other content
We may also award stakes for Memes, GIFs, Fanart, arranging meetups, infographics, hosting podcasts and other types of content. If unsure, ask in the Discord #bounty channel. This is at our discretion.

Requirements
Each video or article must include at least two of the following links:
https://twitter.com/parsecfrontiers,
https://parsecfrontiers.com,
https://discord.gg/JRCCddz,
https://t.me/ParsecFrontiers.
The link to the whitepaper, https://wp.parsecfrontiers.com/whitepaper.pdf is a must in every single piece of content.


Help us by being active and helpful in the Reddit community. You can do this by creating high quality posts and comments about the project, and generally engaging in constructive discussion of Parsec Frontiers.

Please be respectful of acceptable Reddit community behaviour and DO NOT SPAM as it would reflect badly on the project, not to mention yourself and your account there. Read first Reddit’s policy on spam and Reddit’s user agreement to be aware of appropriate conduct.

To join the Reddit bounty campaign, register here

This campaign is stake-based. For the Reddit bounty campaign we have reserved 10% of the total bounty pool - 30,000,000 Parsec Credits.

Upvoting
We do NOT require you to upvote Parsec Frontiers content on Reddit, to preserve the integrity of the Reddit community. If you see something you like, then by all means please do so.

Reward structure:
Per post/comment you’ll receive:
5 upvotes:          2 stakes
10 upvotes:       5 stakes
20 upvotes:       10 stakes
50 upvotes:       20 stakes
100 upvotes:     50 stakes
300 upvotes:     100 stakes

• Comments about Parsec Frontiers get calculated at a 1:3 rate compared to posts, meaning for example a comment of 20 upvotes will bring you 3.33 stakes
• Comments on your posts needs to come from +100 karma accounts to be counted, and should not be criticising the fact that you are posting Parsec Frontiers content. 1 stake reward per
• Accounts with >1000 karma receive 20% bonus
• Additional stakes can be awarded discretionary based upon post quality

Requirements:

• Reddit account must be at least 30 days old, and without negative post or comment karma. It cannot be an account who’s been solely created to spam and spread advertising, be fake or inactive. It must be a real account with positive contributions in subreddits
• Minimum 100 karma
• NO hate speech, slander, racism, misogyny etc. No flamin, spamming or abuse
• 3 post max/day, 21 post max/week
• All posts/replies must be publicly available
• All content must be original. Plagiarizing, copying, or translating existing content, including from the project itself, is prohibited and will lead to disqualification. You can, however, use our official images, logos, graphics, and other branding materials from our website and in the ANN thread

Required actions:

• Register your participation here
• Follow our subreddit /r/parsecfrontiers - 1 stake
• Create high quality posts, or share links relating to Parsec Frontiers that are relevant to the subreddit in question (1 Stake/each valid post):
• Blockchain, cryptocurrency, ICO, IT, business, finance subreddits with at least 100 readers, such as r/bitcoin, r/ethereum, r/ethtrader, r/icocrypto, r/stox, r/Forex
• Posts in /r/ParsecFrontiers are not counted
• After creating a link, post or comment, submit it using this form
• Every week, please post a report in this thread in the following format:

Check your status: Parsec Frontiers official Reddit bounty spreadsheet link


Help us spread the word about Parsec Frontiers to non-English communities, either on local Bitcointalk forums, or on Telegram/Wechat/Kakaochat.

To join the Local communities bounty campaign, register here

For the Local communities bounty campaign we have reserved 20% of the total bounty pool - 60,000,000 Parsec Credits.

Reward structure:

• This campaign is stakes-based, but the reward is capped at 2.5 million PRSC per participant
• Stakes earned will depend on the activity in the thread/group and the number of its members
• For Telegram/Kakao/Wechat: Translation of pinned message from main group: 5 stakes + 2 stake/member at the end of campaign
• Bitcointalk: Translation of ANN 50 stakes - not awarded if already translated
• Moderation posts translated from English, either blog posts or other news from project: 5 Stakes per valid post

Requirements:

• A single post group/thread will be rejected
• Automatic (Google or similar) translations or translations with low quality will be rejected
• Provide sample of previous work
• Only posts originally written by the OP will count

Required actions:

• Register your participation here
• Post (and pin) translated official updates from ANN thread, Telegram or Discord
• Participants are required to keep the local thread and Telegram groups alive by posting and translating regular updates, news or any important announcements - and to answer questions
• Every week, please post a report in this thread in the following format:

Check your status: Parsec Frontiers official Local communties bounty spreadsheet link

Great work - thanks!

Thanks We'e a friendly bunch at the official Discord-server, be sure to join us and ask away about the project.

Thanks for pointing that out - the Discord invite link got revoked by accident. A new, working link is https://discord.gg/wpWQgUP - and links have been updated on our website, and in this and the ANN thread.

Hi Pab,
Thanks for joining the Signature campaign. Do notice that we do require Legendary members to also wear the avatar, see initial post with rules. Your participation has been accepted.

It's going to be a very hot space in 2018. You'd need to separate between the platform plays and the games/worlds themselves, with there seeming to be more of the first than the latter. If you look at the market cap of for instance Beyond the Void, which has been consistently between 12m and 25m USD for a very long time now, you should be ok if the market cap is not too high of the project.

This is a great article on Parsec Frontiers, from BuzzFeed:

"The First Ever "Virtual Galaxy MMO Blockchain" Is Here, And It's Every Cryptotrader's Dream Come True"

https://www.buzzfeed.com/rahejaweb/the-first-ever-virtual-galaxy-mmo-blockchain-is-2y1pw?utm_term=.ymp8jxakN8#.taglEaXvGl

I think this project is very different - this is not a platform, but a virtual galaxy blockchain. So, in a sense - a standalone game.

With Parsec Frontiers we are building a complex virtual economy of trading which is already a proven game concept that already has tons of fans all over the world. Do we need one more project like this? Well, that is where blockchain makes all the difference. This economy will be trustless - no gaming company to fudge the rules or create inflation of assets. A completely player-controlled economy where players set prices and creates the market themselves.

https://i.imgur.com/cHxSYD8.png

We have just released a new blog post:

Virtual Economies will be built and controlled by players

We agree wholeheartedly 2018 will be the year when the game development companies move into blockchain for real - mainstream blockchain usage will be a reality.

We have not published the ruleset for bidding yet, but rest assured that there will be advantages to participating in both the pre-sale and the crowd sale. Stay tuned, and we will update everyone with more details.

Parsec Frontiers is not going to have a free-to-play model like you normally find on mobile games. Even though you also can play on mobile, it is better suited for desktop/laptop machines - and will run on both Windows, Mac and Linux machines in addition to mobile since it is browser-based.

So, like a premium game, you will need to spend some money to buy a spaceship and get started. The prices of spaceships will be determined by the community's supply and demand. If you know someone else who's playing then you can ask them to create a spaceship for you.

You will be able to work within the game, by doing missions/contracts where other players pay you to do tasks they don't have time or capacity to do themselves.

You can also make money by playing a lot, and by being good at timing your transactions. Also, if you are able to identify profitable trading opportunities you can also make a profit by trading.

So, many opportunities will be available to everyone playing - vast opportunities in a vast galaxy

As you may know, the server backend for MMOs with "a lot" of players is very demanding - which is why MMOs often go down when they launch or in other ways experience server problems. Artplant's server technology for Battlestar Galactica Online initiated in development in 2010, and when BGO launched the server worked flawlessly for 6 months before a planned maintenance break. That is pretty stellar in the MMO world.

The project concept was finished in June 2017, and since then we have been working on detailing the project, assembling the team, building partnerships and starting with the blockchain technology architecture. It is still early stage, this Pre-Sale is the absolutely first round of funding for the project.

Advantages of this project vs other ICOs:
Great question. First of all, most game related projects are trying to be a platform in one way or another. This is an appeal to the traditional VC/fund way of thinking - a business that scales. However, the fact that blockchain games/worlds are in nature decentralised and "owned" by the token holders instead of companies trying to profit, means that such a project has every incentive to develop its own technology and not make someone else rich unless the project absolutely need the solution. So, instead of platforms it is better to invest in Decentraland, Parsec Frontiers and others that form the front lines of blockchain gaming.

As in the real world - money is backed by an economy. Cross-world tokens makes no sense, as you could just as well use a mainstream cryptocurrency instead. Instead, each game or virtual world will have its own token. And joining a project means that you will have to evaluate the project on its own merits.

Parsec Frontiers is a project with grand ambitions. We are building a copy of the Milky Way, gamified with exploration, resource extraction, combat and empire building. All assets are on a blockchain, fully verifiable - which means the economy will have the confidence of all players. This transparency makes it easier to form an opinion on what resources are over- or undervalued. And connecting the token with exchanges makes it easy to move money in and out of the virtual world.

Blockchain-based virtual worlds and gaming worlds will become a HUGE part of the blockchain future. When everyone is FUDing about cryptocurrencies not having any real value or function - that is where a blockchain-based game is completely different. Inside of the world both assets and tokens have a real value and provides advantages and ownership in a way that all participants of that world will place a value on. The value will of course be up to the players/participants to decide - in a free, open and transparent market.

The first week of our Pre-Sale bounty campaign is concluded, and the spreadsheet will soon be updated to reflect the work you've put in. We thank you for your contribution so far, and appreciate your continued support.

Do note that the Facebook and Twitter campaigns were changed during the week to provide stakes for every single share/retweet.

Have a great week everyone!

The game has a gradual rollout of modules: There will be auctions and trading of spaceships and mining rights from early summer 2018, but December 2018 is when travelling and exploration will be made available. Extraction of resources is scheduled for Februar 2019, crafting and production in May 2019 with December 2019 seeing the launch of PvP combat.

The team is proven by creating games with millions of players many times over, but a success is never guaranteed when it comes to games.

Unlike other games with cryptocurrencies, all assets will be accounted for on the distributed ledger - which brings confidence in the economy. So, you don't have to trust that the developer will not create inflation by changing drop rates or how objects are appearing.

Combining asset transparency with the fact that money can easily enter and exit the virtual economy, and you are starting to see the outline of a completely new type of real-money skill-based game where you can actually earn a profit by playing the game if you're better than others that are playing.

Or, you can view the economy as a perfect target for trading/investing/speculation: If you're carefully watching the prices of, say, iron ore on the exchanges, you can decide that you want to make a sizeable bet on iron ore to rise - you can purchase Parsec Credits and buy iron ore on exchanges - much like you would buy (or short) a stock. So: assets inside virtual economies becomes a new asset class on its own. Much like cryptocurrency now has become a completely new asset class for fund managers.

This is all part of our vision for making a game with a deep, complex, player-controlled virtual economy - using blockchain to establish transparency and trust in the economy itself instead of trust in the game developer alone.