From the Development team:
Today we are happy to announce that the long awaited addition of Cities is coming in March
We have been working for some time to learn and understand the dynamics of CryptoCountries and gathering feedback from the community to release the best and most player-friendly model out there.
Today we are very excited to share with you how cities in CryptoCountries is going to work!
Each city belongs to the country it resides in, meaning that every time a city changes ownership the country owner will receive sales tax. The sales tax of each city trade is 6% where 5% goes directly to the country owner and the remaining 1% goes to the developers.
How many cities will be distributed?
Number of Cities per country will be decided on the Value of the Country.
The exact distribution model will be disclosed soon before the release of cities.
Note however that the initial listing of all cities will be done by the developers. Starting from day one of launch, not all cities will be available. Instead, they will be distributed in a controlled manner.
What is the country sales tax?
Each time a city changes ownership a cut of the transaction is set aside for the country owner and the developers.
Since CryptoCountries has always been about the players 5% of the total cut of 6% goes to the country owner and only 1% goes to us the developers.
Why are the developers taking such a small cut?
Ever since we started developing CryptoCountries we wanted to build an application that is transparent and player friendly without any hidden fees or functions in the contract. We never created this game to make a quick buck and run; we built it to be the biggest and best for all players. Up until today we have had a fantastic journey with everyone that we wish to continue for a long time ahead with rules and models always prioritizing the players of the game.
The exact value increase model will be communicated next week when we launch cities. There are still some details left before we can communicate it. The only thing that is set is that the cut for each transaction is 6% where 5% goes to the country owners.
Deciding your own price on cities
With cities, we are adding a new layer to the owners. It will be possible to lower the price of your city after you have bought one. Meaning, you can at any time from buying a city, drop the price to sell your cities for a lower price.
What if I own a small country without any cities?
If you are a concerned country owner of a small nation wondering if you are going to get to see any cities at all we can tell you that there is no need to worry. Even small countries have attractions and towns that will be worth trading on the blockchain, and we will scour the internet to find them and release them for you.
For the record setting crypto collectible game there is a lot to be excited about right now, and we hope that you are as excited as we are for an action-packed March with plenty of new features and releases!
CryptoCountries is now the Biggest Ethereum Game of All Time!
And For those of you who have been living under a rock the past month..
What Is CryptoCountries?
World Domination on the Blockchain
Buy Countries as Smart Contracts using blockchain technology and take over the world map.
Be the emperor of the world and own Countries such as The United States, China or Thailand as Smart Contracts on the Ethereum Blockchain.
CryptoCountries is an interactive game that lets anyone buy and own countries as Smart Contracts on the Ethereum Blockchain. As soon as you acquire a country, you take ownership of that nation and it automatically increases in price.
Careful though! If someone else wants to grab your territory, they can by paying up to double the price that you paid. You willll then lose the ownershiop of that country, but you will receive up to double the amount in ETH automatically transferred back to your crypto wallet.
How Do I play?
Before you start, it’s important to know that the game will not work on a standard browser. You will have to install the MetaMask browser extension onto your Chrome or Firefox browser in order to play. This will also give you a MetaMask electronic wallet to store all the Ether you’ll need to play. Once you’ve downloaded that, you can purchase some Ether and begin playing.
The idea is that each country in CryptoCountries has a token you can buy with an Ether – called a ‘Smart Contract’ in the game. The country is then yours and is given a special color so you can identify it on an interactive map. But another user can buy the country from you, and you can’t do anything to stop it. Sounds annoying right? What if you got double the amount you paid in return? Similarly, if you want to buy the country back, you’ll need to pay double the amount they paid. Now it’s getting interesting!
Check out this Interview with the Developer
A decentralized application built on the Ethereum network to simulate the real world where you can acquire, own and sell Countries.
- Website: https://cryptocountries.io
- Facebook: https://www.facebook.com/cryptocountries.io
- Telegram: https://t.me/CryptoCountries
- Discord: https://discord.gg/ECA8HeA
- Twitter: https://twitter.com/DappCountries
- Email: firstname.lastname@example.org
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