Hive Powered Psyber-SWAP & Onboarding Proposals
Introduction
Psyber-X is a play-to-earn, first person shooter, massive multiplayer online, role playing game that will transform the perception of gaming.
It will do this by introducing the players' ability to integrate the use of NFTs into gameplay as well as introduce a complex economy of businesses, guilds (gangs/syndicates) and authority types incorporating playful banter, bragging rights and sharing achievements to Hive social media.
The integration and support of Psyber-X brings Hive into a greater spotlight as gamers, influencers and celebrities stream their gameplay both in the Psyberverse and within the actual gaming arena
Proposal
This paper presents multiple proposals for our project.
We need all of your support! The Hive community has come through for us already in a very big way, and we wish to move things along a little faster by hopefully getting these proposals approved.
We are going to request funds necessary to make the project a success in a more timely manner stepping up both our Hive onboarding efforts and SWAP development.
To keep up with growth demand, the project will require additional initial capital. This will be used to hire the necessary expert Hive developers (this could very well be you!), purchase hardware, services and items listed in the table below.
Licensing will be required and we aim to develop a cross-chain bridge harnessing multiple blockchains by to hiring existing Hive developers and programmers.
Psyber-SWAP will include several major chains to form a bridge to ETH, LUNA, BSC, MATIC, AVAX, WAX and FTM Powered by Hive on the front ends' primary interface.
These proposals are to entice the best of Hive developers to reach out to us as the cross-chain bridge development needs your expertise.
Approval will enable Psyber-SWAP to carry Hive's 'fast and feeless' honor and increase our onboarding efforts, bringing the waiting, gaming masses to the Hive blockchain.
With our next phase of aggressive marketing, we will need to obtain 1,000,000 account creation tickets to onboard the kind of numbers we are expecting.
The creation tickets will allow us to utilize much needed funds for influencers, celebrities, targeted ads, SEO, promotional giveaways and more.
The participants and players in this game can participate in giveaways, contests, tournaments and even earn curation rewards to encourage them to engage more and spread the news about the game within their circles.
This will continue to encourage onboarding to the Hive blockchain, organically.
Hive Web 3.0 monetized social media enables both project creators and marketing teams to come onboard Hive with enormous community support.
Creating instant sources of revenue and adding to your marketing outreach benefits everyone involved.
Budget and Fund Utilization
The requested funds will be utilized in activities such as obtaining operating licenses, permits, real estate lease, hire existing Hive developers, buy account creation tickets and purchase hardware as indicated on the budget.
Other areas of expenditure may include legal costs and logistics as well as other unforeseen expenses.
Budget on the proposed projects
| Initial Expenditure Item | Initial Amount $HBD |
|---|---|
| Licensing, permits & SEC compliance | 27,000 |
| Hardware Acquisition | 23,000 |
| 250,000 HIVE Power | 228,000 |
| 1 million Account Creation Tickets | 2,730,000 |
| TOTAL | 3,008,000 |
Expected Proposal Revenues and how it will be utilized
HBD Daily requested is double the needed amount to give proposal time to pass as well as we guarantee to end the proposal early upon project completion and issue the next.
We anticipate getting revenue from running nodes on various chains we bridge to which will pay the Witness & Developers who maintain them.
| Proposals (Milestones) | Goal/Budget Timeframe | HBD Daily |
|---|---|---|
| 1. 1,000,000 Account Creation Tickets | 275 Days | $19,636 |
| 2. 250,000 HIVE Power | 59 Days | $3,865 |
| 3. Data center, Hardware, build out & set-up Nodes | 14 Days/28 Days | $1,642 |
| 4. Licensing, Permits & begin development | 15 Days/30 Days | $1,800 |
| 5. Bridge ETH to HIVE powered Psyber-SWAP | 7 Days/28 Days | $715 |
| 6. Bridge BSC to HIVE powered Psyber-SWAP | 7 Days/28 Days | $715 |
| 7. Bridge LUNA to HIVE powered Psyber-SWAP | 7 Days/28 Days | $715 |
| 8. Bridge MATIC to HIVE powered Psyber-SWAP | 7 Days/28 Days | $715 |
| 9. Bridge AVAX to HIVE powered Psyber-SWAP | 7 Days/28 Days | $715 |
| 10. Bridge WAX to HIVE powered Psyber-SWAP | 7 Days/28 Days | $715 |
| 11. Bridge FTM to HIVE powered Psyber-SWAP | 7 Days/28 Days | $715 |
Why Royal Reptile Gaming Studios minted LVL on Hive
Hive is a Web 3.0 Blockchain primed for gaming with free transactions and lightning fast speeds.
Hive web 3.0 has also monetized social media with 16 Social Outposts so far, boasting over 120 dApps and is one of (if not the) most scalable decentralized blockchains allowing for unlimited potential to be built upon.
White Paper
Is located on the Hive blockchain here and anyone can read it. It's immutable.
Website
Is located on the world wide web here and anyone can visit it!
Conclusion
With funding of 1,000,000 account creation tickets and daily HBD on the various proposals Psyber-SWAP plans to bridge HIVE, LVL and eventually, all interested 2nd layer tokens with major blockchains in a feeless Hive powered swap.
Funding is requested as Psyber-X is brought to us by an independent gaming studio building its first big dream game and can meet more deadlines accomplishing enormous tasks with the right funding and team onboard.
Is that you? We ask that you support us as we move forward and make our mark in blockchain history.
I bought into the game as the concept is good but I can't support this proposal in its current form.
I don't believe in heavily funding any project that has not gotten itself operational first as there is no reason to believe that pumping money into a project will do any good when they have not managed to build a working concept by themselves first.
I would be happy to support an expansion of the work once we see a working model that needs more resources and I like the plan behind creating more accounts and bridging chains which would be worth funding.
3m for creating accounts is madness in my opinion as they can be created for free with resource credits or as part of the buy in for new players like splinterlands have with their spellbook.
Crypto has too many failed promises for me to support giving away money to a project that hasn't shown us anything other than a couple of promos.
I love the concept and like many others have bought assets in advance which should provide the funds to get the game off the ground but there needs to be more to ask for this kind of money from the community.
Also the team is looking for money to power up hive if I'm reading that right? Surely the project should be buying up hive from their sales to run the game. That is the whole point of the hive system to me. Projects power up funds to run their projects and provide the resources for their users. This is how they support the system.
I need to see more from the team and more development. I am hoping that it's a massive success and that you can get help from the community when the time is right but it's not there yet for me.
I believe this is not a proposal itself, just asking for support, and also think that is why why they will broken down into several different ones. Can show proof of pudding as work gets done and things are accounted for. Bridging the chains will be a huge feature!
Couldn't agree more. This is a preliminary announcement of proposals, not one large proposal itself.
The nice thing about having this list of proposals in the open is that it gives people like @niallon11 exactly what he's asking for, in my opinion, while he's asking for it. This is a marketing plan in the form of, "Let's show you what we're planning" and "We'll be asking for your help for these things very soon."
That's much different than submitting one proposal, getting it funded, fulfilling the project, then asking for another, and another, and another...instead, this is more like a roadmap and I am so grateful for @psyberx laying it out there in true transparency of their intentions moving forward. There's nothing hidden here that I can see and look forward to seeing the proposals so I can vote on them individually. I like the plan, guys! Keep it coming!
Posted Using LeoFinance Beta
!LUV
i agree sounds unsustainable.
But that was also a reason I dumped my tokens (1M).
After I ask " why not sell starter packs with some level tokens for constant demand" I got some weird answers.
It doesn't mean idea is bad, but looks to me "sell tokens" "sell NFT" "start proposal" and so on.
Remember Dlive?
yup.
Let's bring the great Hive Community together, and thank you to all for your consideration of these upcoming proposals.
I agree bro these look awesome
!PIZZA
I thought you guys were funded and had a game pretty much ready to go?
Yes & No, funded yes so well infact we went from plans of a double A game with edited Unity assets to building our own assets and triple A. Having something ready to go no, we have been open that this project is in early development and looking for a demo in the next 4 months. The funding in these proposals will provide onboarding support and a feeless SWAP for Hive.
No matter how you slice it- there is a request for 3 million from the community here! I feel it is asking an awful lot with very little evidence.
Bridging the chains would be huge! But we are already able to do this with most of the tokens listed in this post through hive engine. It might not be free but it works already.
The white paper indicates 250 million LVL would be sold in order to fund game development and the psyberx marketplace- with additional LVL held in reserve to fund further development. I am surprised that those funds and the additional that have been acquired through land and nft sales aren't sufficient or at least that there is more to show for it! I honestly think it would be a huge mistake for Hive if proposals like this were approved.
There is no evidence that the number of account creation tickets will be needed- especially when we have not seen a working multiplayer demo that interacts with the chain.
I respect that psyberx has lofty goals- I think it might be wise to reign some of that in and demonstrate functional multiplayer gameplay that interacts with the NFTs on chain before shooting for cross chain bridges and millions of account creation tokens. On a related note- how will the existence of additional LVL tokens on BSC and ETH (and I am assuming the other chains as well) effect the initial token supply of 500 million? Those additional tokens have already been minted I believe?
Indeed which is why this large proposal which pays out daily is given 275 days, if we do in fact launch a successful demo as our roadmap states in the next 4 months we will possibly prove the need for additional tickets. You may be correct, only time will tell and yet this preliminary proposal is necessary to seek out additional Hive developers whether funded or not our goals are lofty.
Indeed, the few that gain profit will not likely vote for or support something that would offer to help the entire chain and list any desired 2nd layer tokens to swap with the major chains directly.
They are sufficient, the game is so over funded plans went from editing Unity assets for a quick double A game to building our own assets hiring more developers and a triple A game. Our marketing plan involves a majority of our funds going to the community via giveaways for social challenges, content creation and more stepping it up as we get closer to a workable demo. If we are successful and bring massive numbers to Hive begging for help later and not being able to handle it would be poor planning so here we are asking for community support. And for your opinion of proposals like this going through is respected yet do you realise the bridge funds would go to our communities developers? The creation tickets could be given instead of getting daily HBD funding as we desire to grow Hive numbers not profit from the proposal system.
We have 275 days on this proposal when it launches, this is just a preliminary announcement of 11 milestones in which will be proposals asking for community support.
They will not effect the initial supply at all, there are several million tokens allocated for each chains swap yet Diesel Pool rewards will be providing incentive for people to provide liquidity. WLVL has been minted on ETH chain thus far, as we are just now laying out these lofty goals we are not capable of achieving them in a timely manner without more assistance and community support.
But that is kind of my point- if the game is indeed over funded then perhaps a demo using those AA edited unity assets would solve some of the problems psyberx has been facing. Mainly that there has been a history of hype and funding attempts both prior to HIVE and since the project has come here- that hasn't resulted in a convincing demonstration of the ability to actually produce the intended game.
I think the game is the important thing here- not bridges and other additional developments.
We need to see multiplayer gameplay, NFT's being loaded into the game, usage of LVL in game... all of the basics that will enable this to actually be a multiplayer pvp p2e battle arena mmorpg with land etc. We need to see these things first.
The money to fund the bridges might well end up feeding back to developers from within the hive ecosystem and that is fantastic- but bridges to other ecosystems won't make or break psyberx as a game.
These additional developments and the potential problems that come along with them- like tokenomics impacts, security vulnerabilities of bridges, and others- could all wait until after the game is already playable and attracting players.
So correct me if I'm wrong...what you're asking for is for the game to come out first then have a chokehold because accounts won't be able to be created fast enough to keep up with demand?
I probably read your sentiment wrong, and I apologize if I did. I read your feeling that more needs to be released, and I'm super excited to see what comes out because of the potential, but at the same time, isn't a proposal all about saying, "This is what I want to do, when I'll do it, how I'll do it, and the time I have to do it in?" So far, I feel like most of the "big accounts" that have replied to this have seen it as one proposal without stepping back to understand it is a roadmap/plan of what @psyberx is expecting to ask for.
If they have 11 proposals (I think I read that right), doesn't it make sense to know the game plan at the macro level before voting on each individual proposal on the micro?
I say, let's see what the first "micro" proposal is, see if it has the proper milestones, etc. and vote on these one at a time. They have been revealing updates for a while now. I've seen their website get developed, their marketplace pre-view, their gameplay pre-view, etc. Once the marketplace is released, that's just one more amongst many signs that they're developing this, not rug pulling...this isn't a "Rising Star" with 13 daily active players...
just my 2 Hive cents...
I'll donate any resource credits I have, if there's a way to do that...
Posted Using LeoFinance Beta
No I am certainly not asking for the game to be released and have a "chokehold" on accounts.
I think it is realistic to expect some sort of demonstration of the things I have suggested. All we have seen so far is a buggy single player experience. Sure there has been some development on the website and on the marketplace- neither of which demonstrate the ability to go from buggy single player unity experience to full fledged multiplayer brawler with direct connections to assets on chain. In fact the existence of the marketplace before the assets can be used in game is somewhat concerning by itself.
I also think it is completely ludicrous to ask for 2.7 million USD just to fund hive accounts! If the game wants to provide a free player experience there are other ways that don't require this from the community- for example players could play for free and without a hive account until they have earned enough LVL to fund the creation of an account and start to withdraw earnings and acquire NFT's. Besides which the amount of HP being requested in one of these proposals could also be used to claim account creation tokens regularly using its RC.
As I suggested in a previous comment- at this time there is no reason to think that this amount of accounts will be needed until we have seen what the game is actually going to be capable of.
I agree that getting a macro overview of the intended direction is beneficial- and each of the individual proposals will indeed be voted on their own merit. Having said that- claiming that the project will need a million new hive accounts looks to me like an attempt to drive more hype... and most of what we have seen so far is just that... hype.
Acknowledging the achievements of games like RS and other HIVE games that actually function on chain and have communities engaged in them is important. These games are successful without asking for additional funds from the community. They are proof that developing crypto games is possible- and difficult- yet the difficulty in what psyberx wants to achieve is far far greater. Skepticism on this is totally reasonable!
As I have said in comments many times before- I acknowledge the difficulty of this project, and wish it the greatest of success- but I won't be backing it until such time that it can demonstrate it can deliver on what it promises. Even waiting until then- it will still be early.
awesome answer thanks! we will be delegating HIVE Power to @psyberx for these.
To reiderate this is just a preliminary announcement on proposals to come, you have some great points, not all are agreed with yet taken into consideration and we will adjust or scrap these accordingly. The roadmaps have been laid out and withint 3-4 months we should have that workable demo. The primary reason for this is to get some strong developers to apply for work as we do not expect any of this to pass yet have ambitions to help the blockchain grow via onboarding and developing a feeless swap and will fund it either way.
I understand all of that. I eagerly await that demo. There are lots of projects that are making onboarding a priority and I don't think any of them funded the account tokens with the DHF!
!PIMP
You must be killin' it out here!
@enginewitty just slapped you with 10.000 PIMP, @dynamicrypto.
You earned 10.000 PIMP for the strong hand.
You can still slap 3/3 more people today.
Read about some PIMP Shit or Look for the PIMP District
!PIMP
You must be killin' it out here!
@enginewitty just slapped you with 5.000 PIMP, @dibblers.dabs.
You earned 5.000 PIMP for the strong hand.
You can still slap 2/3 more people today.
Read about some PIMP Shit or Look for the PIMP District
Can you guys point to a different game Royal Reptile has created?
if you read the proposal I even state this is their first big game they have dreamed of creating. If you go back to early posts there are links to their app store games that companies orered as cheesy little games. The original plans of a double A game with edited Unity assets is already changing to triple A & building our own assets completely. So we are not jumping onboard a gaming studio that is well established yet that is also why we are asking for more Hive developer support and funding. Even without the funding just to find more developers to hire we plan to accomplish all these milestones, merely asking for support in speeding things up.
I'd love to see a lot more development before this type of money is discussed. Something functional. I fully agree with @niallon11 on every point made.
I've also always had some issue with the idea that this concept that has been too hard for everyone else can just be done by this team that has no experience in any of it and it could be done on a shoestring budget and it can be done in record time and almost every request for features I've ever seen has been met with "of course we'll have that". Now I see it again with this comment:
This all things to all people approach is either naive or not honest and I'm not sure which of those is better.
With my thoughts since the beginning that the odds are stacked against actual development the way its claimed will happen, the fact that we've seen nothing but a few demos but the team keeps coming back to the well and hooking the community deeper on a game that was said to be fully funded by an unnamed entity, it makes me nervous.
There are also several other red flags I won't mention here.
I personally want to see something real come out before the topic of money or things to buy is breached again.
I hope none of this is taken personally. I have high hopes for this game which is why I bought commercial land, founder packs, and several hundred thousand LVL but I would be lying if I said I didn't have alarm bells going off in my head right now.
How would you feel if each proposal was brought before you, one at a time, job completed and closed as promised? Would you be more willing to vote on each proposal separately?
Perhaps I didn't read the announcement right, but it sure seemed like a roadmap of a plan. Who cares if they ask for $100M if they're asking for $20K here, doing the job, completing the task, building the bridges as promised on time, then asking for the next $20K to build another one to do it all over again.
I understand you're thinking of this as one macro ask...instead, I believe you should be looking this as an announcement of micro-projects with one large project announced with it.
If they build the bridges they are asking to build, how many do they need to build before you can trust they'll do the other things they're asking for? Isn't this also why milestones are key to any proposal?
I haven't been around Hive terribly long, but I'm pretty sure I read this announcement right...
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I would feel the exact same way because I already understood it wasn't one big macro ask.
But to further answer your question, I would feel great about it if we could say the first proposal was the working game.
Let's call the working game--already more than fully funded by the community and a VC-- the first job to complete and then they can come back and ask for more.
But the progressively higher asks making me feel better about it? That's the basis for the word con man. The scams that created the term con man are based on a scam structure where a CON-fidence MAN gains your confidence by delivering on several smaller but ever increasing tasks/investments and then has the big ask at the end which is ultimately the con.
I'm not saying that's what is happening here but I am saying that it certainly doesn't make me feel all warm and fuzzy when I see the structure of this.
They should deliver the fully funded game.
I read what you're say'n...but if the proposals along the way benefit all of the Hive ecosystem, not solely the game they're making, I'm not seeing the connection to your example of a con-man. If the first proposal, as an example, is to build a bridge from one main coin to Hive or even a 2nd level token like LVL, it either works or it doesn't.
Then, if the 2nd, 3rd, 4th, 5th, and 6th proposals are to do the same thing, and they're built...again, this of course helps the game, but it helps all of Hive, does it not? Here's the folly with your argument: Any business has to gain the confidence of their investors. They do this by showing levels of completion in the project. Legit or not...it's done the same way. What you're describing to me, or explaining to me is not a mindset of an investor, in my opinion. It is the mindset of all or nothing and that's not what presented. I understand you want to see the game released before being willing to vote on a proposal to release funds. By the time the game is released, it'll be too late to provide the RC's. The goal is never to provide a AAA game to the public and have the site shut down because you can't get enough people on...because they can't create accounts fast enough. That's kind of like Coinbase saying, "Let's advertise free bitcoin at the SuperBowl" and then have the site go down in a few seconds because they weren't expecting so many people to come.
Obviously you believe enough in the game to put your own funds at "risk" and I respect that. You've brought to light your concerns. I respect that, too. I've also seen where @psyberx has stated they won't put out any proposals until at least the marketplace is up and live. While some would say that's also a con-man's method...give you a way to buy into a project before the main attraction is released, it's also what all major blockchain games are doing-have a way to buy NFTs before the game is released.
What good is the game if you have 1,000 people who can play it while the rest of the world can't come in, but by 1-3 per day. That seems silly to me at best.
Good thing is they are opening the Alpha version to people with Founders titles...With a commercial plot, I think I saw your name on that list, you will qualify to play before everyone else in June/July. Maybe then, you'll feel a little more confident. Only time will tell...
You don't gain a person/group's confidence by doing things that benefit just yourself. The confidence game is about benefiting the mark with the small stuff until they trust you enough that you can run off with the big stuff.
And there is no folly in my argument. Go tell a VC you want them to give you money but they can only read your blog and talk to you on discord. Let me know if you get to the part about milestones or how much of your concept is done before they hangup on you.
In the real world we have credit profiles and tax returns and assets to place liens on and lifelong social networks and job histories and school transcripts and government ID's and still most businesses are self funded or if they get investors they are usually family and very close friends until they've actually proven they can make profit.
No one is asking for all or nothing and I'm not even asking for the game to be released publicly before voting to give them these grants. I just want something delivered besides a trailer. Deliver the Alpha version. Prove that they can even make a working game that does even a fraction of what it's supposed to and is fun before we start talking about marketing plans that will blow our minds if we knew them and setting the stage for millions of players or as they put it early on, the biggest blockchain game in history and the game that will revolutionize blockchain gaming and the game that will bring all the best parts of Fortnite and all the best parts of world builders together with NFT's and change gaming as we know it.
Can we at least see an alpha version of that game before we vote to give them millions in value because they proved themselves by building a bridge?
That's all I'm asking.
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The token has a marketcap in the millions and a $50,000 investment from a VC that wants to stay anonymous as it is their first Crypto Game investment until the game launches is sketchy huh...risky investment yes so understandable completely to me, he could have rug pulled anytime and be a millionaire... that is a small % of this project yet to say this concept has been too hard for everyone else to develop? also me saying a game will be available for players that want to come in without buying something first being naive or a decision after plenty of market research on games making people buy something first? Free games are not impossible to develop. Just because developers have not built a first person shooter on Hive does not mean it can't and won't be done, more developers are being hired and in time maybe you get to say I told you so. Again no proposal will be launched for some time, this is to get the communities thoughts.
In my opinion you overshoot it with coins for account creation tokens, it should be adjusted to the real-time needs. Let's prove your model works, and the apply for more. Another thing are account creation token claimable for RCs, it might be a good idea for you to start stacking these. Also I'd love to see any playable product before voting for proposal of such height. Another thing I'd love to see is your marketing strategy post. It's possible I could miss it though.
Don't get me wrong, I'm excited and invested in PsyberX, however from the perspective of a game theory it would be much easier to gather more funds from a community while providing next stages of game development. Long developed and proven projects get much less funds from DHF.
I hope we undershoot it & will need to ask for more before long. The account creation proposal is given 275 days for this purpose of having 50% of this time to build the respect and trust necessary for its approval. I have also stated we will cancel the proposal upon completion early so if we do infact get it approved early and are not at the stage in marketing to onboard in massive numbers we will also cancel until we can re-apply. There will be no abuse and your suggestions are appreciated and most of our marketing plans should be shared, I will prepare something for the community.
Great answer.
Let's gooo love the proposals and what you are building here
!PIZZA
That's impressive, eagerly anticipating.
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Please vote for pizza.witness!
seems there is a lot of controversial talk in the comments.
it seems to me that all hive projects are kinda bottomless pits we throw our money into and hope for the best.
yet it does not cost anyone anything to vote for a proposal.
I am just a little concerned that we have only hype and nothing else. then again I dont give a fuck about money. Everything I have been investing comes from earnings on hive and splinterlands.
I hope you guys make this project reality and you have my full support on the proposals should they come out.
Also is there not already a bridge to eth and bsc and polygon? the leofinance team has been developing these IDK if the code is open source or not but maybe there miggt be common grounds?
!PIZZA
IF you ask the community to fund it, I can tell you to 100%, it will never get funded.
There was in the last years dozens of proposals. Some are really good with high benefit for hive like yield farming with HBD to stabilize HBD on farms and so on.
Non of them got funded.
The reason is there was a lot of value leechers from the early days. Since then, show first the benefit and then ask.
I think even ask for 100k would be impossible.
BTW why you want hive accounts?`you could also create free EVM chain accounts or Koinos accounts and connect them to hive transactions in custom JSON.
Create them up with the time like a premium account.
For swaps only the game profit, Gets never funded.
HP for the game? lol. make Revenue.
The rest are peanuts, sell more tokens and that's it.
Be smart and don't try to be smarter than the system. Use it.