DECENTRALIZED MINDSPORTS NETWORK BASED ON ETHEREUM BLOCKCHAIN



It's good to be posting around the world of cryptocurrency, especially now that we know that bitcoin prices have reached 6824 $ a very fantastic price for a digital currency, but this is the reality behind this senua there is good news that now bitcoin is getting known for a lot platforms that hold ICOs to invest their shares or funds to participate in developing their projects.

 As what I will post here is also still about an ICO that is ongoing from the date of 9 november to 8 December 2017 but this is still pre sale stage just for more clear and full let's go to my post below
Traditional online mind sports platforms have a centralized host to manage communication and make sure the platform works correctly. This requires players to place trust in the host and ensure they have the adequate tools to run the platform. The goal of MindSports IO is to create a product that is "infinitely" scalable, decentralized and is secure for any transaction.

MindSports IO aligns incentives across all stakeholders and ties the MIND token to the core action of the network growth welding the interaction of the public with personally created mind sports tournament events through rewards of the cryptocurrency, MIND tokens.

Features of MindSports IO include the following

1. Network Governance ‒ Be part of the MIND Registry to propose and vote for
the mind games that the community would like MindSports IO team build and
deploy to the network.

2. Host Games - Create tournaments and determine the rules and token payouts
for all party using smart contracts.

3. Play Games - Challenge, discuss and learn to play over ten intellectual games.

4. Govern Games ‒ Token holders are part of the voting governance community
to settle game disputes and get rewarded with MIND.

Market and Industry

What is Mind Sports?

Mind sports is a modern term that came into use in the 1970s. It took a number of years for the concept of “mind sports” to distill into a clear definition. The umbrella organization for all international sports federations, SportAccord, classifies sports into five categories:

1. physical sports
2. mind sports
3. motorized sports
4. synchronized or coordinated sports
5. animal-assisted sports

The 2011 Charities Act had adopted a definition of sports as “activities which promote
health involving physical or mental health or exertion.”

Why Should We Play Mind Sports?

MindSports IO strives to promote and educate on the benefits of playing mind sports. Mind sports is not only for people who are academically gifted or “smart.” Numerous studies have demonstrated the direct benefits of playing mind sports, such as improvements to cognitive function and the slowing down of aging.

We believe mind sports should remain as accessible as possible so that people can develop analytical and critical thinking skills in their everyday life. It can also improve their spatial and cognitive abilities, pattern recognition, and discipline.

The Mind Sports Landscape

The mind sports industry continues to grow despite the widespread use of internet games; sponsorships and competitive play have created lucrative opportunities. Mind sports players are finding ways to promote themselves and the game through the use of technology.

ChessBrah via twitch.tv allows viewers to watch real-time streaming games, while prize funds for tournaments can be as much as $2,000,000(USD). The live-stream of the World Chess Championship in 2016 received as much as ten million unique visitors.

It is estimated that there are at least 100,000 online people playing at any time for chess alone with the audience reaching 2,000,000 viewers daily.

Market Size

According to an official International Olympics Committee (IOC) submission, more than six hundred million people play chess, a game that is over 1,500 years old. Chinese


Target Audience

Based on the findings from YouGov, mind sports players who are interested in chess are five times more likely to read The Guardian and The New Scientist and are two and a half times more likely to read The New York Times, The Wall Street Journal, The Economist or the New Yorker. Seventy-eight percent of regular chess players in the USA are university graduates with household incomes over $120,000(USD).

Adding up the number from official associations and sources, we believe there are currently two hundred million people playing online in various mind sports platforms including chess, poker, xiangqi and go.The largest chess portal, Chess.com, only consists of five million players or one percent of the total addressable audience.

We are creating a platform for enthusiasts of all levels to play, compete, discuss and participate in various mind sports to increase the penetration rate of online, mind sports gaming.

Current Mind Sport Platform Comparison

Product Features

The MindSports IO network is secure, serverless and trustless. Users can:

1. Be part of the network governance to propose and vote for the next mind
games on the network
2. Host games and tournaments
3. Play trustless mind games
4. Win MIND tokens
5. Get rewarded for being part of the voting governance system to settle dispute.

MIND Token Overview

Each MIND token will be sold for 1/1,000 ETH, meaning 1 ETH will give you 1,000 MIND tokens. We will enforce a maximum fixed limit of 30,000 ETH for the purchase of MIND
tokens in the Crowdsale. Should this amount be reached before the end of the sale on Dec 1, 2017, 10:00 am UTC, we will cut off the sale. Please note that we will NOT create additional MIND tokens after the MindSports IO Crowdsale

MindSports IO Pre-Sale Bonus Schedule

One (1) ETH will give you 1,000 MindSports IO Token. That means one MIND token is worth 1/1,000 ETH. There will be extra tokens offered as a bonus for users who commit earlier (pre-sale bonus). See the timetable for the exact bonus schedule.

Hopefully what I described above can be useful to be your reference in determining the option to join the MindSports project, to get more information please visit the following link

    By Tuyul Gupies
    My ETH address : 0x7cf44d6f5F2890ccDAa4B6b834B04f37e3F0eeE5

Komentar

  1. Unknown5 September 2018 pukul 03.42

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