When new Cryptos launch, some of them bring some very unique or fun features with them. SurvivorCoin is one of those Cryptos, as it raising funds for an embedded mining MMORPG game in the wallet itself. I’m intrigued, tell me more!
In order for SurvivorCoin to reach the required funds, they have taken different steps to get to their goal. First of all, there is a crowdfunding campaign going on over at IndieGogo :
The other way to raise the necessary development funds, was by holding a SurvivorCoin IPO, during which 50% of the pre-mined coins were sold. Of the raised IPO funds, 50% will go to the actual MMORPG development, and the rest will be used for exchange voting, bounties, consulting and 20% will be kept in a public address.
This IPO ran between June 20th and June 23rd, as it ended 1 hour before the actual launch of SurvivorCoin. Escrow protection was in place, thanks to BTCStore. The IPO price was set at 0,001 Bitcoin per SVR (SurvivorCoin).
I have personally never been a big fan of IPO’s , but at least SurvivorCoin is promising something tangible in return. I do really hope they can produce the MMORPG, as I do want to play around with it a bit.
So what will this MMORPG be about? The setting will be post-apocalyptic, which shouldn’t come as a surprise given the coin’s name. Via in-game scavenging, users will be able to mine coins , which makes it sound a bit like FallOut. Interesting so far!
A timeline for this game has been unveiled, and by the looks of it, we will be able to play soon :
– Late July/September : First Alpha Version Release.
– October/November: Beta Version Release.
– November/December: Pre-Final version community discussion.
– December 2014/ January 2015: Final Stable Version will be released.
This is all assuming the SurvivorCoin crowdfunding on IndieGogo will attract enough attention, but hopefully this article will help to get the word out there. Without the required amount of money, even the most talent people in the world can’t do much.
We still need to look at SurvivorCoin’s technical details as well, so let’s get that out of the way :
X11 HASHING ALGO
TOTAL COINS: 1’000’000 SVR (1 MILLION TOTAL, NO INTEREST, NO FAKES)
90 seconds Blocks
Diff Retarget: updated DGW
5 confirmations for TX , 25 confirmations for Blocks
Block 1: Premined 10’000 SVR
Blocks 2 – 100: 0.1 SVR low reward to avoid instamine
Blocks 101 – 1000: 1.5 SVR to reward early Scavengers!
Blocks 1000 to the end of mining: 1 SVR
Last but not least, there is also a SurvivorCoin promotional video on YouTube, which I have embedded below :
You can find out more information about SurvivorCoin by using the following sources :
SurvivorCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=658562.0
SurvivorCoin on Twitter : https://twitter.com/SurvivorCoin
SurvivorCoin website : coming soon!
SurvivorCoin donations are welcome to : SgoCVi9NafJV9itscUAfkijxAigN9GKs7i