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michael-spengler / klopapier.exchange

The Klopapier Game
https://klopapier.exchange
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WipePaper Economics #5

Closed michael-spengler closed 3 years ago

michael-spengler commented 3 years ago

Goal

The goal of the game is to maximize ones stake in USDWipePaper and EURWipePaper. Each wallet is on a specific level depending on how much USDWipePaper and EURWipePaper it contains. The overall value is expressed in Ether.

Mechanism

Everyone can bet on a rising Ether price using WipePaper on the klopapier.exchange.

If the Ether price went up the given timefraime for at least x % the invested WipePaper is doubled. If the Ether price went down the given timefraime for at least x % the invested WipePaper is lost for the user and won for the Game Central Bank.

Implementation

For implementing the Ethereum part you might refer to: https://www.youtube.com/watch?v=YLmMNocc1ys

michael-spengler commented 3 years ago

Dashboard - Real Time Prices ....

michael-spengler commented 3 years ago

Perhaps reconsider the ERC-721 idea with the team: "1 Billion types of wipepaper..."

uniqueness...

Simplicity first about currency education would recommend continuing with the ERC 20 approach...

michael-spengler commented 3 years ago

Feature 1 The Klopapier Betting Game - betting on rising Ether... prices (bet invest = one of our wipepaper currencies)

Feature 2 Klopapier Collecting Game (crypto kitty like ERC 721)

Let's start with Feature 1

michael-spengler commented 3 years ago

This topic is continued in the context of https://github.com/michael-spengler/klopapier.exchange/issues/10 --> closing the issue at hand.