I would like to express something about Bountie and the competitive gaming industry in general.
To me, Bountie is trying to change how competitive gaming industry works. I personally not feeling happy with the current industry where only the "game experts" can get global exposure, while the other still struggling to survive. Most players have gave up due to financial issue, if someone is really dedicated in playing competitive game, he can't pursue his goal without sacrificing his time, which also means sacrificing his chance to work for stable income. Without a proper revenue stream, he needs to withstand the pressure from parents and maybe friends, since most of the parents hope their children can gain sufficient money and make a living, so those who are under the radar will experience a harder time in doing what they like to do.
What Bountie platform wants to provide is generic, it seems like something that can be done easily, since most of the required technology involved web development. Blockchain on the other hand is harder to code due to the lack of knowledge in the current industry, but a smart contract that solve revenue sharing is still not that hard in my opinion.
It is a common issue that the industry focus on the top performer, not only limited to game industry. If Bountie can solve the unfariness in competitive gaming, then it sure will brings something to the industry. I can see the team has some talented artists working on the UI, a great experience for the users can attract audiences and players to join. As far as I know, many projects are still suffering for their non user-friendly interface. If Bountie can bypass this by creating an easy-to-use platform, then it will benefits everyone without questions.
About the Bountie token. Bountie Ptd Ltd should already understands that in order to get general people onbaord, fast and easy currency exchange is a must. From what I know, Bountie token total supply is finite, which mean the price will fluctuate a lot especially at the initial stage. Also, since I don't know the details on how the reward system work, but if players are getting rewarded directly from the company using Bountie token, they are going to sell it for fiat currency or exchange with other assets as soon as possible, so the Bountie token itself has no value or function. Maybe I am wrong since I don't know yet how will the tokens work in Bountie. I am waiting for a detailed technical whitepaper.
Thanks for reading
Hello Hexcolyte,
Thank you for another thought provocating comment.
You're totally right about this point, that's our frustration as well. I guess that's an Asian upbringing and cultural issue that most of us are facing and it's also our motivation to make Bountie a reality for gamers in Asia.
Creating the platform is relatively easy however creating a platform of the standards that we set for ourselves is tough. What we are building would 2x the capabilities with better UX/UI with Blockchain + our own cryptocurrency. A combination of these makes Bountie platform a really tough project(even after taking on many clients' projects via our agency in the past).
Yes, our key focus is design and we differentiate ourselves against other platforms by this. Most industry rewards the top perfomer as well, we would like to change that with Bountie. With the introduction of different tiers flattens out a bell curve into multiple ones. Adding other sources of revenue for the gamers also allow diversity in the way gamers can make a living. This essentially allows more gamers to make a sustainable living doing what they love.
Based on the reason that our supply is finite, we are indirectly rewarding early adopters of Bountie. Gamers who join early would see an increase in demand of Bountie Coins when our platform reaches out to more gamers throughout the region. If we are doing our jobs well, which is giving value to the community in terms of a solid platform, we should see gamers keeping a portion of our Bountie Coins and not just for in game purposes. That's not what we are/will advertise but this is the same throughout all other Utility Tokens.
As promised, technical whitepaper is in the works and we'll publish it as soon as we can. Hope to hear more from you again soon Hexcolyte!
