Author Topic: [ANN-Updated 5/5] Peerplays Prelaunch - Millions are Waiting For You!  (Read 26342 times)

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Offline Musewhale

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #15 on: April 29, 2016, 11:48:56 pm »
the world is full of money
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Offline BunkerChainLabs-com

Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #16 on: April 30, 2016, 01:39:52 am »
What were some of the main reasons that prevented you from building this on bitshares?

I would be much more willing to invest in some of these projects if everyone wasn't a fork of bts... Also the "donation" word was used by Dan a lot to basically free himself of any obligation to his early investors.  I would say most ags investors were not thrilled with the final outcome.

We actually attempted to design this within Bitshares originally. However, the further we got into the design and the functions and requirements of the network, the more challenging it became attempting to have it coexist within Bitshares network in it's entirety. The transactions in this network are going to be very high, and would end up competing with transactions in the DEX. Then there are the numerous hardforks with each game, and the voting which is potentially to become an issue within Bitshares.

Our solution that developed out of this though was sidechains. Through this innovation we are going to have a robust sidechain implementation for graphene that can be applied to Bitshares. The Peerplays network is not going to operate it's own exchange. Instead it will simply connect out to Bitshares via sidechain to make it seamless for players to move in/out into whatever token they choose. There are a few other innovative features we designed which could also be applied to Bitshares as well. However, all that is subject to voter approval of course.

This is not a fork of Bitshares, but a fork of graphene. The new functions we designed are completely different from what Bitshares has.

With all this in mind, there are numerous benefits to Bitshares including MASSIVE liquidity to the bitAsset markets.

So in the end, Bitshares is still gaining all the benefits of the volume and liquidity that Peerplays will bring, without having to deal with the operations of the Peerplays blockchain.

In regards to the investors donations stuff. This is a donations crowdfund, and we are going to keep within the parameters of how that needs to be operated as stated by current regulatory requirements in Canada. It really is no different than most crypto crowdfunds with the parameters they must operate in. Even the Lisk crowdfund was a donations crowdfund. This whole thing is running through our Canadian corporation. So as far as liabilities go we are subject to those laws, which should give those looking to participate in supporting this project more confidence in my estimation. We are very thankful to everyone who donates to this crowdfund in support of this awesome project!

Hope this helped answered your questions.
« Last Edit: April 30, 2016, 01:46:45 am by BunkerChain Labs »
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Offline yvv

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #17 on: April 30, 2016, 02:08:07 am »
What were some of the main reasons that prevented you from building this on bitshares?

I would be much more willing to invest in some of these projects if everyone wasn't a fork of bts... Also the "donation" word was used by Dan a lot to basically free himself of any obligation to his early investors.  I would say most ags investors were not thrilled with the final outcome.

It is actually a smart move to keep gamling  on separate blockchain. For legal reasons for example.

Offline ebit

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #18 on: April 30, 2016, 02:29:26 am »
seems very interesting +5%

Offline BunkerChainLabs-com

Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #19 on: April 30, 2016, 03:20:47 am »
Will the bitassets used in peerplays be backed by BTS (i.e. originate on the BTS blockchain)?

The asset tokens used in Peerplays will be sidechain tokens represented by the real assets in Bitshares.

So technically the answer to your question is no, but in practical terms, the answer is yes. :)

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Offline Shentist

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #20 on: April 30, 2016, 06:12:59 am »
did you alreday start to code it and who is coding it?

the idea is good, everyone expected something like this von PLAY, but they disapeard.

one more question you should better explain before you launch

compared to Lisk the sold 85% to asset holders and kept only 8% for coredevs etc.

if i understand you right you will pay from the 70% asset sold also the marketing campaigns and keeping 30% to the founders and pay
your time with the donated bitcoins? this are just my assumptions so i think it would be good to outline it more.

Offline BunkerChainLabs-com

Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #21 on: April 30, 2016, 01:12:42 pm »
did you alreday start to code it and who is coding it?

the idea is good, everyone expected something like this von PLAY, but they disapeard.

one more question you should better explain before you launch

compared to Lisk the sold 85% to asset holders and kept only 8% for coredevs etc.

if i understand you right you will pay from the 70% asset sold also the marketing campaigns and keeping 30% to the founders and pay
your time with the donated bitcoins? this are just my assumptions so i think it would be good to outline it more.

Yes the starting elements for the Peerplays blockchain are already being coded. I guess I should mention that when we get to testnet the project will be open sourced, just in case some need to hear that

Yes we are well aware of what Play did, or rather didn't do. I don't know much about the Lisk team either, or the extend of their experience to evaluate their capacity to consider all the he various elements that are necessary to build a successful operation. Also take into consideration that not all blockchains are equal in their requirements.

I would hope by now most here have learned that it takes more than just coders to make a successful network, which is why our team is comprised of experienced business operators, gaming industry insiders, marketers, content specialists, and coders. While the blockchain is at the heart of it all, it doesn't do much good without a head hands and feet to carry it forward so to speak.

As stated at the bottom of the OP, there is more info coming this week. We just wanted to have the Bitshares community have a chance to hear it here first.

I'm excited that you are anxious to want to get at all that information and you are concerned about it. Shows you care and want to see this succeed I think. :)
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Offline D4vegee

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #22 on: April 30, 2016, 02:55:54 pm »
This looks promising. I'll chuck some coin in. You come across as somebody who is very level headed and capable. Looking forward to it!


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Offline liondani

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #23 on: April 30, 2016, 03:43:03 pm »
are you thinking to sharedrop on bts holders or ... play holders?
  https://bitshares.OPENLEDGER.info/?r=GREECE  | You are in Control | BUY | SELL | SHORT | SWAP | LOAN | TRADE |  

Offline BunkerChainLabs-com

Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #24 on: April 30, 2016, 04:54:54 pm »
are you thinking to sharedrop on bts holders or ... play holders?

No, I am not thinking that at this time. We are bringing a lot of value to the Bitshares network in the liquidity Peerplays provides to the markets along with other technological improvements in the code that may be offered to the Bitshares community to use in the Bitshares blockchain. It's tremendous value by itself.

We are going to be most thankful to all of those who donate to this project because they believe in all benefits and innovations it will bring not just to Bitshares, but as a new blockchain in itself.  This is going to break into one of the most massive industries today that is growing faster than most can keep up with. The Peerplays blockchain will be perfectly positioned to provide value and grow along side Bitshares.
« Last Edit: April 30, 2016, 05:28:15 pm by BunkerChain Labs »
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Offline liondani

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #25 on: April 30, 2016, 05:40:17 pm »
Through this innovation we are going to have a robust sidechain implementation for graphene that can be applied to Bitshares. The Peerplays network is not going to operate it's own exchange. Instead it will simply connect out to Bitshares via sidechain to make it seamless for players to move in/out into whatever token they choose

That will give value to BTS for sure!

 +5% +5% +5%
  https://bitshares.OPENLEDGER.info/?r=GREECE  | You are in Control | BUY | SELL | SHORT | SWAP | LOAN | TRADE |  

Offline konelectric

Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #26 on: May 01, 2016, 02:44:55 am »
Through this innovation we are going to have a robust sidechain implementation for graphene that can be applied to Bitshares. The Peerplays network is not going to operate it's own exchange. Instead it will simply connect out to Bitshares via sidechain to make it seamless for players to move in/out into whatever token they choose

That will give value to BTS for sure!

 +5% +5% +5%


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Offline ripplexiaoshan

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #27 on: May 01, 2016, 04:56:11 am »
Great idea, but is there any prototype/demo or  at least some schedule?
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Offline abit

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #28 on: May 01, 2016, 12:19:58 pm »
Great idea, but is there any prototype/demo or  at least some schedule?
OP said there will be a testnet in next week?
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Offline lil_jay890

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Re: [ANN] Peerplays Prelaunch - Millions are Waiting For You!
« Reply #29 on: May 01, 2016, 01:37:02 pm »
Is there any way that peer plays could be shut down by regulators if gambling is deemed illegal in a user's area?

Would you say this is truly decentralized or more of a centralized solution that uses the blockchain?  If it is the latter, what advantage does doing this on a blockchain have vs just using a centralized server?