TOKEN ALLOCATIONS
50% – 24 DAY AUCTION CROWDFUND
20% – 2-TIER PRESALE
10% – SOFTWARE AND BUSINESS DEVELOPMENT
10% – GAMING INDUSTRY PARTNERSHIPS (TBA)
5% – ON-CHAIN RESERVE FUND
5% – BTS SHAREDROP
DEVELOPMENT MILESTONES
Please be advised that all milestones in this document are only estimates. Our team has carefully considered the many factors involved in development, and have published a timeline that we believe to be both realistic and conservative. In addition to having worked on the core Graphene code base, our devs have a long history of reliable delivery and are thus committed to continuing to work hard to complete these milestones within the framework of the timeline below.
Peerplays is being assembled in stages, each one building upon the foundations of the previous. There are many additional features that can be added once the basic foundational elements are in place. These elements will be the focus of the initial product launch.
Peerplays will be published as open-source code, under a modified BSD license. Public release will happen in stages, beginning with the profit sharing distribution code in early July, and ending with the launch of the Peerplays blockchain in November. Sharedrop dates will be announced at least 2 weeks in advance. Be sure to join our ing list, an, and follow us on facebook and twitter for all the latest updates.
FRIDAY, JULY 1ST
- Release of profit sharing distribution code
MONDAY, SEPTEMBER 19TH
Public Beta Testing Begins
(On a centrally hosted Graphene Blockchain)
Test net will contain:
- The first 100% blockchain-based game in history (an internationally
recognized game) - A smart contract that allows players to register for tournaments and
wager on the game - A smart contract that matches players for real-time gameplay,
combines their buy-ins into a jackpot and sends the funds the winner. - A Graphic User Interface for gameplay and tournament registration
- A “faucet” for users to open an account for free, and then register
and play Release of profit sharing distribution code
**Rewards given for major bug fixes during testing
FRIDAY, OCTOBER 14TH (PENDING – NOT A FINAL DATE)
24 Day Auction Crowsale
- 50% of Peerplays tokens to be auctioned in an international crowdsale
(see Allocation)
TUESDAY, NOVEMBER 15TH
Launch of Peerplays Blockchain
Blockchain will contain:
- All wagering, tournament, and gameplay features mentioned above
- The ability to wager with core tokens, user-issued assets, and
gateway tokens - Profit sharing distribution to core token holders
- PowerUp rewards token distribution to players
- On-chain referral program
Opportunities to earn tokens through contests, competitions, and social sharing are just some of the community outreach plans we have in store for the coming months. The Peerplays team is also working towards a number of gaming industry partnerships which we hope to announce soon.
Right now, we are hiring language ambassadors to help improve communications with the international community, so please contact us if you are bilingual and interested in learning more about this position.
Be sure to visit Peerplays News for the latest Peerplays project updates, and don’t forget to contribute to the Peerplays Crowdfund and receive your Peerplays tokens today.
Thanks to everyone who has contributed so far, you are helping make gaming history!
Bought myself a few tokens today, I look forward to following along!
Go PEERPLAYS!! - WE LOVE YOU
crowd gathers for Fuzzy vs Crypto in the mega match of the century
does that mean my crowdsale tokens just lost 5% value?
No it does not. Look at the distribution again. The crowdsale tokens are exactly the same. If anything they just increased in value overall! The 5% was taken from the 30% reserve that was not part of the crowdfund allocation. It's all clearly laid out above and time stamped by the blockchain. This adds value to Peerplays token holders.
maybe that is 1 way to look at it, the other way is the potential users using the system on day 1 has just increased +5% i.e now all bitshares holders will have some stake in the project and while some will not care and may sell, a lot of people will be interested to go buy into a game and experience the platform; where if they had to buy the token they may not get involved. i feel the value just increased.
Will the FBA's be "paid out" on the actual PeerPlays website or through the Bitshares network which is attached to the asset? I haven't seen an asset pay out dividends yet through Bitshares(or know of one).
The first milestone mentioned in the document above is called "profit sharing distribution code". We are developing the technology to accomplish the profit share distribution mechanism that Peerplays specs. So to answer your question specifically, yes, this will all be in the blockchain.