Amen. The whole thing is hard to understand because no communication
Amen. The whole thing is hard to understand because no communication
Leader Developer and Game Designer
Former Game Director and Chairman
10,000th Post | 15,000th Post | 20,000th Post
Comprehensive Location Rules
EASY Waves Wallet Tutorial | Portal for Token Holders
Premium Foil Pack and Prize Pack Contents | Definitive List of Sleeves
How to Claim Top 10 Prizes for Best Score
Hall of Fame
Leader Developer and Game Designer
Former Game Director and Chairman
10,000th Post | 15,000th Post | 20,000th Post
Comprehensive Location Rules
EASY Waves Wallet Tutorial | Portal for Token Holders
Premium Foil Pack and Prize Pack Contents | Definitive List of Sleeves
How to Claim Top 10 Prizes for Best Score
Hall of Fame
Hello folks! The whitepaper has been released at http://shadowtoken.io/shadowtoken_whitepaper.pdf (best if you download it to read)
I'll try to answer any questions you might still have, but everything should be explained there.
All of my potential questions are unanswered but I would start with the most basic due diligence.
1. Is Shadow Era Profitable? The whitepaper explains that ARPDAU is an indicator of profits, and that ARPPU could lead to potential profits and that increasing MAU can drive profits. No wear does Shadow Era claim to be profitable. Is it profitable in the current fiscal year, or the previous?
2. How will profits be determined, before or after owner drawings/salary?
3. If all shadow tokens are sold how will more tokens be generated for profit share? There is only a finite amount held in reserve/operations.
1. Shadow Era has always been profitable, but that was the past. The new Board of Directors will make their budget going forward. Fixed operating costs are small, more than enough room for the Board to hire new developers to meet their budget.
2. There is no "owner", the tokens represent 100% ownership of Shadow Era and it is operated by a Trust company. Profits are of course determined as income minus expenses. The Board will probably want to budget some income to be reinvested into growth for awhile to scale up.
3. Tokens can't be generated, if the operating pool is exhausted then they must be purchased on the open market. This was intended to ensure liquidity for people wanting to sell.
What were the sales in the past 12 months?
IGN: TJ BlueJet24
Founder of Team Juggernauts
If it's not in the whitepaper, then there's no answer available. Yearly historical sales figures are kept private as there's no way to verify it anyway. The sale is for the digital and physical assets, and the new team will be taking over and running the show. They may be able to provide more info about their budget in the coming weeks.
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