Lis 02

Gamerholic Launches Steemit-Like Social Media Platform for Gamers

Source: bitcoin

gamerholic

Gamerholic, a cryptocurrency-fueled competition platform for casual gamers, has taken a page from Steemit and created a monetized social media platform tailored towards the gaming community.

Also read: Jaxx Wallet Now Live With Zcash

Gamerholic Presents Monetized Social Media for Gamers

Utilizing a Reddit and Steemit-inspired voting system, posts on the platform earn “Respeck.” The more Respeck a post earns, the more money it receives.

Additionally, users who give their Respeck to posts earn a portion of the rewards. Funds for these content rewards come from a percentage of the platform’s service fees, which differs from the Steemit model of using a percentage of the actual token’s market cap for rewards.

According to Anari Sengbe, Gamerholic’s founder, Gamerholic coin is the only currency used on the platform, with all payouts made in the coin.

The monetary rewards go to a platform-based hot wallet, cold wallet and a “main wallet,” from which Gamerholic coins can be sent to an exchange for conversion into bitcoin or another currency.

Sengbe said that the main wallet can be emptied once a day, while the cold wallet can only be emptied incrementally over the course of 8 weeks.

Similar to Steem Power, users on this gaming-centric platform can amass a “Gamerholic Power Level,” (GPL) which amplifies the amount of rewards users earn for getting Respeck on their posts. The platform determines a user’s GPL by the amount content they have posted and voted on, providing an incentive for regular participation.

However, Sengbe will give users a one-time chance to boost their GPL for a price. “This is our way of raising funds,” he said, “since it’s too late to sell tokens.”  

The Gamerholic founder imagines that several interesting things will come from this gamer-oriented social media format.

As an example, Sengbe said that users could use the platform to organize gaming tournaments. As a post for a tournament gets Respeck — thereby earning money — the prize pot for the tournament grows.

The Rise of Blockchain Gaming Platforms

 

Sengbe founded Gamerholic in 2014 after discovering bitcoin and its irreversible transactions. In creating the company and its branded cryptocurrency, Sengbe wanted to provide a place where people could place bets on online gaming matches without worrying about credit card fraud or chargebacks.

Since then, cryptocurrency and blockchain-based gaming platforms have exploded in popularity. FirstBlood.io, an Ethereum-based matchmaking platform geared towards eSports competitors, raised $5.5 million USD within minutes, shutting down its ICO on the first day.

After its successful ICO, the FirstBlood team began work on the platform’s alpha version, which they expect to release in late December 2016.

Meanwhile, Sengbe continues to work on the Gamerholic brand, seemingly unfazed by the stiff competition. In the weeks since FirstBlood’s massive ICO, Sengbe has launched the social implementation of the Gamerholic platform, as well as a mobile application that lets users discover games and apps that accept Gamerholic coin.

“We are the first,” Sengbe said when asked if his social media platform would give him an edge over his competitors. “I’ve had development time.”

“We’ve been around two years, the community should be excited about this direction of social and gaming for crypto.”

What do you think about this new gaming-centric social media platform? Let us know in the comments below.


Images courtesy of Gamerholic. 

The post Gamerholic Launches Steemit-Like Social Media Platform for Gamers appeared first on Bitcoinist.net.

Gamerholic Launches Steemit-Like Social Media Platform for Gamers

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Říj 19

CGBets: Betting Bitcoin on Games of ‘Skills, Not Luck’

Source: bitcoin

cgbets

CGBets is a new gambling platform that allows users to wager bitcoin against other gamers as they go head-to-head in skill and logic-based multiplayer games.

Disclaimer: This article is sponsored by Bitcoin PR Buzz.

CGBets Offers Games of Skill

 

On the platform, players compete against each other in flash-based games. According to a press release, the following games are currently available:

Basketball game – A game for two or more players where they are required to shoot the ball into the hoop to gain as many points as possible.

Go game – A two player logical board game whose invention can be traced back to a Chinese emperor’s son. The game, not yet solved by any algorithm can be played only by live participants.

Chess – A familiar two player game on a chequered board with 64 squares arranged in an 8×8 grid.

The company told press that it would soon add “Duplicate Poker,” a game it says “is a variant of the Poker card game based on Texas Hold’em Rules. It is more of a strategy game with no luck factor involved.”

CGBets says its model sets itself apart from other bitcoin gambling platforms because it lets players bet on their own skills rather than luck.

Boasting high quality service, a company representative told press, “We provide high-quality games written in flash technology. We ensure optimum functionality of our gaming platform, guarantee secure, easy settlement and the withdrawal of winnings.”

The company also claims to have a large degree of fairness on its platform because players always compete against real humans and not AI. “This way,” the team said in a press release, “it is not the house but the best player who always wins.”

An Apparent Demand for Blockchain-Based Gaming Platforms

 

Other cryptocurrency-based platforms have offered the same premise to people competing in console or PC games, such as Call of Duty or League of Legends.

Gamerholic, for example, provides a casual competition platform, letting users make bitcoin bets for online matches.

FirstBlood, an Ethereum-based gaming platform, caters to the highly competitive eSports market, employing smart contracts and cryptocurrency to decentralize the matchmaking and judgement mechanisms common in eSports platforms.

Showcasing the apparent demand for blockchain gaming platforms, FirstBlood’s ICO sold out in minutes, raising $5.5 million USD.

What do you think about CGBets? Let us know in the comments below.


Images courtesy of CGBets.

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CGBets: Betting Bitcoin on Games of ‘Skills, Not Luck’

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Led 31

Gamerholic, the First ‘Billion Dollar Gaming Company’? A Q&A With Anari Sengbe

Source: bitcoin

gamerholic

Gamerholic is an online, competitive gaming platform that uses cryptocurrency as the fuel behind its services. Members of Gamerholic can enter tournaments and competition or make wagers on games using “Gamerholic coin,” the platform’s own cryptocurrency.

Also read: LimoPlay to Announce Cutting Edge Game at LAC 2016

Gamerholic: A Platform for Crypto Gaming

Users can purchase Gamerholic coin on the Bittrex exchange, which has an exchange rate of  0.00000473 BTC ($0.0018 USD) as of press time. With this cryptocurrency, will get 20% off on purchases made on Gamerholic.com, they will be able to participate in all of the website’s games and tournaments, and they can exchange their coins back to bitcoin on the Bittrex exchange.

For all you altcoin nerds, here are the specs for Gamerholic coin as listed on the Gamerholic website:

  • Algo: SHA-256D
  • POW/POS Hybrid
  • Avg 60 second block time
  • 4% annual interest
  • 8 hour stake age
  • Emission Schedule
  • Block 0 – 10,000: 100GHC
  • Block 10,001 – Infinity: 2.5GHC
  • 250 blocks to maturity

Although the website is fairly bare at the moment, with the service in its early stages of life, it is clear that Gamerholic has an interesting idea going on. There are several games that are played natively on the website. The most visible one is “Grabbit” and its several variables, where players can compete with one another to “grab” the prize. Grabbit prizes span across a wide range of gaming and tech merchandise, with things like PlayStation Store and Blizzard gift cards, console games, and even an iPhone 6S Plus up for “grabs.”

For more competitive gamers, Gamerholic offers a console and PC tournament section on their website, where it picks a game and sets up a tournament for its customers. At press time, the current tournament is for Madden ’16 on PlayStation 4. This tournament has 3 prizes, similar to the prizes for other tournaments hosted on Gamerholic. First place gets 1 bitcoin and 1,000 Gamerholic coins (GHC); second place gets 0.50 btc and 1,000 GHC; and third place will receive 0.25 btc and 1,000 GHC.

Unfortunately, the website doesn’t seem to be fully functional just yet, as the link buttons to the rules and registration for the console and PC tournaments do not seem to work, as nothing happens when they are clicked. With such a new and seemingly complex service though, minor bugs like this are to be expected, so we’ll give Gamerholic the benefit of the doubt and assume that the website will become more functional as the project progresses.

I got to ask Gamerholic Founder Anari Sengbe a few questions about Gamerholic, as well as other projects his team has worked on in the past.


We don’t claim it to be better than bitcoin, we don’t claim it can do what bitcoin can’t. It’s a coin for gaming, with it’s [sic] own unique api sets.

Tell us a little bit about Gamerholic.

Gamerholic is a competition as a service gaming platform.

Natural competition is part of gaming, you want to beat the computer, your friend or a stranger gamer hundreds of miles away.

Gamerholic enhances natural competition with real world prizes, not points and badges.

Digital currencies like bitcoin and Gamerholic coin are perfect for gaming. Buy in-game items at a fraction of the cost, or participate in robust gaming economies.

What is the inspiration behind this project?

Gamerholic Founder Anari Senge in Gamerholic’s pitch for Shark Tank

Years ago when PS2 1st allowed play over the internet, it made sense that friendly wagers over the internet would be next. The problem with that is chargebacks, when I learned about bitcoin, instinctively I believed micro payments and gaming go hand in hand, bitcoin and the immense brainpower behind it is great, but a crypto currency you can dedicate to gaming would be pretty cool as well.

How competitive is Gamerholic, is it a place for professional gamers, or is it meant for casual competition?

It’s a bit of both, the important thing about the Gamerholic platform, we don’t make games, We simply provide an API for game developers to accept Gamerholic coin within their games. So in theory there should be more than enough games to choose from and with expanded creativity, you should see more competitive games.

The one game we did make is called Grabbit, a fun shopping game with real prizes. You win bitcoin for FREE or xbox live point cards, video games and more. There’s always something awesome up for grabs in the grabbit game. That game can get REALLY competitive.

 Tell us about Gamerholic coin.

I love Gamerholic coin, I can’t wait to see game developers rush to it. It’s really just a fun crypto currency for gaming. We don’t claim it to be better than bitcoin, we don’t claim it can do what bitcoin can’t. It’s a coin for gaming, with it’s own unique api sets.

The biggest value of Gamerholic coin will be noticed by game developers who can create more dynamic situations within their games. The coin is going up on the exchange, what should happen in your game? the coin is going down on the exchange and so on.

This includes education games, Gamerholic coin is a real world incentive for young people to do well in math, or history games, or biology games.

What makes Gamerholic unique from other gaming projects that integrate cryptocurrency?

I think the strength for us is the brand, Gamerholic is a persona, everyone loves the brand. From t-shirts, to hats, to gaming accessories… we have more avenues to get Gamerholic coin in the hands of gamers. Competitively, that’s our advantage and that will keep us going long enough to best the technology advantages other gaming projects offer.

If you don’t mind me asking, has Gamerholic gotten much traffic since you guys started it?

There is an education hurdle for sure, I knew that during the transition to crypto currency. I think we’ll continue to play the role of introducing a demographic to crypto currency for a couple of years.

What is your ultimate goal for this project?

My fulfillment will come when I see Gamerholic coin applied to education games and young people in sierra leone where I’m from can make money from learning. That for me will be the ultimate disruption.

I noticed that your firm has been involved in several hackathons, can you tell us a little bit about your other projects?

Hackathons kept me alive in San Francisco. Hackathons are great idea battles. Often we apply fun gamification or different use cases for crypto currency in our hacks.

For the Emirates Airlines hackathon, we built PlayFlight, a way to use your airline miles as virtual currency in video games.

For the HP hackathon we used Gamification to identify Alpha’s in an Organization

And for the Mercedes benz [sic] hackathon, we built BenzPay a way to pay for parking, gas and more using bitcoin.

Lastly at during the TechCrunch hackathon, a we built foodhigh club, a way to pair your favorite strain of marijuana with delicious meals from local restaurants.

Any big plans in store that you want to tell us about?

LOL, this is stealth city, Game developers conference is around the corner, game developers will be the biggest buyers and sellers of Gamerholic coin so, we’ll be at GDC and give away a pile of Gamerholic coin to game developers. I’m very excited about that push, I’m confident we’ll have over 500 games using gamerholic coin by years end with a $250,000 market cap.


What do you think about Gamerholic? Is it a gaming platform you could see yourself using? Let us know in the comments below!


Images courtesy of Gamerholic

The post Gamerholic, the First ‘Billion Dollar Gaming Company’? A Q&A With Anari Sengbe appeared first on Bitcoinist.net.

Gamerholic, the First ‘Billion Dollar Gaming Company’? A Q&A With Anari Sengbe

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