BOUNTY Brainerz.lo
Brainerz.Io Ico Review : The Blockchain Playground For Social Games
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Aboot Brainerz.io
Brainerz.io is the world’s first knowledge-based gaming platform operating on blockchain,
allowing users around the world to compete in skills-based micro-games and earn BRNZ
tokens.Brainerz.io call the BrainerZ platform a “skills-based playground,” where winning depends on
knowledge, skills, and curiosity.BrainerZ will create a new way for people to use their cryptocurrencies, letting crypto-gamers use their mental abilities to gain and expand their crypto-holdings in an online knowledgebased playground full of top-notch crypto-games.The BrainerZ platform uses an interactive feed with a range of social games designed for groups, individuals, and peer-to-peer competitors. It allows users to play high-level games involving skills, strategy, and knowledge and gives them the opportunity to gain BRNZ tokens– the cryptocurrency fueling the BrainerZ platform.
allowing users around the world to compete in skills-based micro-games and earn BRNZ
tokens.Brainerz.io call the BrainerZ platform a “skills-based playground,” where winning depends on
knowledge, skills, and curiosity.BrainerZ will create a new way for people to use their cryptocurrencies, letting crypto-gamers use their mental abilities to gain and expand their crypto-holdings in an online knowledgebased playground full of top-notch crypto-games.The BrainerZ platform uses an interactive feed with a range of social games designed for groups, individuals, and peer-to-peer competitors. It allows users to play high-level games involving skills, strategy, and knowledge and gives them the opportunity to gain BRNZ tokens– the cryptocurrency fueling the BrainerZ platform.
As a first step, they have built the BrainerZ platform on the Ethereum blockchain, allowing the generation of BRNZ as a standard ERC20 token. This whitepaper presents BrainerZ as a blockchain-gaming platform aiming to disrupt the knowledge-based gaming industry, from the classic trivia Brainerz.io all love to today’s games on web and mobile platforms. Blockchain supports the BrainerZ platform and experience with the trust, transparency, and value that the crypto-community expects.This whitepaper also presents Brainerz.io vision, mission, and long-term plan for making BrainerZ a leading online game platform and a pioneer in the world of blockchain and cryptocurrencies.
Work
The most recent advancement in the field is the use of off-chain settlements. The most advanced, Bitcoin’s Lightning Network, allows peer-to-peer (P2P) micro-payments at almost no cost. Since BrainerZ’s platform games have high transaction ratesBrainerz.io will use an off-chain state channel solution. Off-chain channels use asymmetric signatures. A user sending tokens in a platform transaction will receive a note that holds fields of data – wallet balance,timestamp, nonce, and other types of relevant information.When the client-side signs, the client code saves a local copy (exportable if desired) and returns the signed agreement to the platform. From that point, each action that changes the user’s balance (entry fees, prizes, etc.) will activate similar course of actions to agree on and sign for the new sums. When a user requests a wallet withdrawal, this note goes to a smart contract, which checks the validity of the note before granting the request.
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Crypto-Project Comparable
The still-young crypto-gaming landscape has been expanding during 2017 and into 2018.Other blockchain games include the famous CryptoKitties (as a pioneer in collectable-cryptogaming vertical) as well as large gaming ecosystem platforms such as Wax, DMarket, and more. The following crypto-game projects have provided us with reference points for Brainerz.io. It is important to point to the fact that comparing BrainerZ to casinos and decentralized betting platforms is only due to the idea of having a comparison with both product-based projects and protocol-based project, and not because Brainerz.io functions as a casino.
Gaming Platform
• Ethereum – the Ethereum network as an infrastructure for the participating ERC20 tokens (BRNZ and featured tokens).
• Playground – The Playground, a platform with crypto-games that can connect to and alter a Playground user’s wallet.
• Games – The games, separate entities fueled by tokens and supported by the Brainerz.io community. They will vary in their use of smart contracts.
• Playground – The Playground, a platform with crypto-games that can connect to and alter a Playground user’s wallet.
• Games – The games, separate entities fueled by tokens and supported by the Brainerz.io community. They will vary in their use of smart contracts.
Collaborative concepts and monetization
Brainerz.io seek collaborations and partnerships with parties (not limited to the crypto landscape)that want to feature their relevant content or products on the BrainerZ Playground. Brainerz.io mapped the potential channels and divided them into two:
• In-game store – Partners can promote products and services on the BrainerZ
platform and accept BRNZ as a valid currency.
• Advertising – Parties can engage our crypto-gamers with their content, starting with
blockchain platforms that offer BrainerZ sessions on their sites and featured cryptogames
in the BrainerZ Playground.
• In-game store – Partners can promote products and services on the BrainerZ
platform and accept BRNZ as a valid currency.
• Advertising – Parties can engage our crypto-gamers with their content, starting with
blockchain platforms that offer BrainerZ sessions on their sites and featured cryptogames
in the BrainerZ Playground.
Token
The BRNZ token is an Ethereum-based ERC20 token. The token will be the reward for participating and winning BrainerZ crypto-games and allow BrainerZ gamers to play any game featured on the Playground. Other tokens that ,Brainerz collaborate with will have limited functionality on the platform, only accessing simpler or more centralized versions of the crypto-games. The BRNZ token, on the other hand, opens every game and will be the reward in featured competitions. The token will have safety mechanisms to prevent cheating, such as a lock-in time after winning and revocability in this time if fraudulent activity is detected.
Token Allocation
• Public (presale and ICO): 60%
• Bounty Program: 2%
• Team: 7%
• Advisors: 3%
• Community incentives, rewards and reserves: 6%
• 24-month-venture operational budget (vested): 22%
• Bounty Program: 2%
• Team: 7%
• Advisors: 3%
• Community incentives, rewards and reserves: 6%
• 24-month-venture operational budget (vested): 22%
ICO Plan
• Total tokens generated: 2 billion BRNZ ERC20 tokens
• Soft cap: $500,000 USD | 50 million BRNZ tokens
• Hard cap: $12 million USD | 1.2 billion BRNZ tokens
• ICO Phase 1 (May 20, 2018): 30% discount
• ICO Phase 2 (May 27, 2018): 20% discount
• ICO Phase 3 (June 2, 2018): 10% discount
• ICO Phase 4 (June 9 to July 20, 2018)
• Lock-in period: July 20 to Oct 20, 2018
• Soft cap: $500,000 USD | 50 million BRNZ tokens
• Hard cap: $12 million USD | 1.2 billion BRNZ tokens
• ICO Phase 1 (May 20, 2018): 30% discount
• ICO Phase 2 (May 27, 2018): 20% discount
• ICO Phase 3 (June 2, 2018): 10% discount
• ICO Phase 4 (June 9 to July 20, 2018)
• Lock-in period: July 20 to Oct 20, 2018
Team
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