What about the problem with ICO being determined illegal in the Chinese market? What about other countries?
We comply with the laws of every country, and we also support the Chinese government's current stance on ICO laws. It's also possible that in the future there will be other countries that also enact similar laws, and at that time we will comply with those countries' laws as well.
Day one for Game.com is all about a strategy for globalization, and creating the foundation of an ICO service. We're here to serve the global market! Regarding our ICO service for the global games market, we only accept users who comply with their local laws.
What's a simple, one-sentence explanation of Game.com's purpose?
G coins are the Bitcoin of the games industry! Whatever Bitcoin can do, G coins can also do for the games industry.
Presently, the most common uses for Bitcoin, ETH, etc. are to be traded as a virtual currency on trading platforms, all the while acting as the mainstream virtual currency for purchasing other virtual currencies (Our trade.game.com is a trading platform for game-related virtual currencies), for virtual currencies that are part of ICO (Our ico.game.com is a game ICO distribution platform), the main investment currency for the blockchain market (GToken on our vc.game.com). In more and more countries and markets, bitcoin is able to be used for purchases (with our im.game.com (Game Me) instant messaging service, we aim to have the world's largest game messaging service, using nothing more than a Game.com universal ID for all players worldwide. Players connect all over the world through Game Connect, which will become the largest distributor of HTML5 mobile games. The aim is that all gamers worldwide have a universal ID, and G coins become the new payment standard. We will make Game.com universal IDs and G coins the standard, used in all game-related markets.)
Day One for Game.com is all about a strategy for globalization, and creating the foundation of an ICO service. We're here to serve the global market! It's all about leading the global games industry in a new direction!
Why are Game.com's virtual currency called G coins? Why not GAME coins?
Firstly, we think the name "G coin" is very cool and futuristic, and everything we've set out to do is part of the future. We did actually consider the name "GAME coins", but it was already in use by another party, so we couldn't use it. Would you believe we even went so far as to consider using GG coins, GGG coins, GB coins, GGBB coins....?? Joking aside, creating a name is very serious business, and we're all about being serious!
Based on the Ethereum ERC20 standard, Game.com issues G coins (Token Number GTC, or just G coins).
Will Game.com release its own unique global game blockchain in the future?
First, let's talk about why Game.com chose Ethereum. Ethereum is an open source, public, block chain based distributed computing platform, which provides a decentralized, Turing-complete virtual machine, for supporting the operation of smart contracts. Ethereum is the most mature platform for supporting smart contracts, active communities, and a good working foundation; so Ethereum was chosen for distributing G coins on the Game.com platform, which better allows as to focus on business development and marketing, and avoids wasting energy on research and developing the underlying technology.
Of course, as the market continues to develop in the future, better and more mature platforms than Ethereum may emerge, in which case Game.com will consider these new platforms for developing relevant game industry application infrastructure.
At present, it is not the best time for building the Game.com public chain, in the initial stages there is bound to be a lot of energy spent on the development of the chain itself, and its lack of influencing power would adversely affect business development, and the last thing we want to do is waste resources to repeat work that has already been done, especially when it is not the best time to do so. Therefore, the best choice is to use the current distributed computing platform based on the excellent Ethereum block chain. Game.com is committed to building basic services for ICO applications in the global games industry. We serve world markets, and plan to lead the global games industry in a new direction! Perhaps one day in the future, when the time is ripe, we will launch Game.com's global public chain!
Let's have a serious talk about the risks.
Game.com ICO purchasers, please read the Game.com White Paper and abbreviated version of the White Paper carefully. It is important to fully understand the risks and returns, and the Game.com platform business characteristics and to consider the risks when planning, using rational judgement.
We cannot be certain if the value of G coins will increase. It is possible that the value will decrease. G coin purchasers should know that there will be no refunds.
Adhering to the White Paper, Game.com will use the digital assets raised legitimately by ICO and manage the platform appropriately. Although the Game.com team will scrupulously abide by the principles of honesty, trust, diligence and responsibility, all purchasers risk losses, including: Policy Risk, Business Cycle Risk, Hacking Risk, Management Risk, Liquidity Risk, Currency Volatility Risk, and other risks.
It is important that all participants have a full understanding and trust of this venture; and are dedicated and willing to persevere.
What do you think of current ICO projects, especially ones in the games industry?
Any business venture should focus on nature of business, and go around trying to dupe consumers, who are not stupid. More importantly, sometimes an impossible fake demand has to be made in order to approach block chain technology and concepts by any means necessary, but it is better speaking honestly: thinking about your project from a business point of view, and tell the world what your project needs to be raised through ICO in terms of virtual currency, so that the people who like and support you can complete your dream with you, together; solving problems provides the world with a better future. Since ICO is the best block chain technology application, raising digital currency assets based on block chain technology allows us to be open and transparent throughout the entire ICO decentralized process.
Will G coins really increase in value? I want to learn more about how G coins can be used.
Just now we asked you to read the disclaimer, and now we'll answer your question. Can you tell how serious we are? Haha! No one can guarantee what will happen in the future. Therefore, all we can do is look forward to the future together. We trust your vision.
G coins will change the face of the global games industry! G coins are Bitcoin for gamers! G coin already has the following uses, but more will come:
GToken Fund, vc.game.com: Investment composition – GToken Fund incorporates special G coin investment funds. Investing in the best quality games will continue to increase the value of G coins.
Game.com virtual currency trading platform, trade.game.com: a global platform for players to trade their digital assets, supporting the trading of G coins, and future ICO projects with support from Game.com. G coins can be used directly with any of the best ICO projects, with these benefits: Exclusive projects, top-quality (and rare) resources, early bird pricing, G coins are only supported for use with ICO.
Game.com global ICO platform, ico.game.com: G coins can be used directly with top ICO projects, with exclusive projects and rare resources! During the early bird phase, only G coins are supports with ICO. We believe G coins will be one of the world's top resources.
Game.com instant messaging, im.game.com: To create the world's largest game-related instant messaging service, using a universal ID from Game.com. All HTML5 games worldwide will be able to use G coins for purchases!
Game.com's global digital asset trading platform will be ready for operating on January 1, 2018, serving billions of gamers all over the world, providing them with a trading platform for their digital assets; and creating a mutually beneficial trading platform for both China-based an overseas cooperation. When the time comes, G coins will be tradable on the market. With such a large G coins trading platform, the high usage demands of multi-application scenarios will lead to strong demand for G coins!
What do you think of ICO? What about regulatory risks?
We believe ICO will change the world of gaming. The invention of such a concept is so significant, that we have become used to the invention and discovery of concepts of a country, of a company, of a family, of institution, of a constitution, of community, of gold, of stock markets, and much more.
This is a kind of ideology! A huge ideology! Without, mankind would never have been able to achieve such great things! To explore the unknown world, to change the world, and make the whole world continue to develop, and change for the better.
Whenever something new comes out, it's always accompanied by at the beginning by chaos, barbarism, and all kinds of dishonest people trying to hide among the honest. We recall that the concept of a nation, of the stock market, of gold as a global currency to carry inflation, the invention of the automobile, the progress of humanity and civilization in creating a "new species", have all contributed to the progress of society. We believe that ICO, with the help of a global unified awareness and favorable regulatory policies, will certainly change the world, so that more talented young people can realize their dreams. In this world, you can pursue a cause of great significance, and change the world!
Similar to the trading institutions of 18th century Wall Street, current block chain projects and virtual currency trading are in a state of chaos. But who would dare say that it has no chance of becoming a regulated market with the New York Stock Exchange, JPMorgan, the SEC, and Moody's credit ratings. Basic ICO application services are an extremely large market in the global games industry, and Game.com is committed to becoming the most qualified to complete its mission of being a great business, with virtual game currency trading being our largest opportunity.