ICOs: SAAV Coin, the gold of the games in the blockchain

In researching blockchain based games, there are a variety of ideas out there, from actually executing the game on the blockchain, to just typical casino type games that mostly seem intended to hide the fact that you are gambling from the government. What SAAV is doing that I found compelling, is tying their in game currency to an Ethereum based token they call SAAVcoin, that is represented in the game as gold.

We have reviewed SAAV Games. They’ve been mostly in stealth mode the past year as they build their first game called Agame. It is a “time management” game along the lines of Lords of Ultima and Tiberium . Agame runs on iOS, Android, Windows, Mac and Linux as well as in a web browser. It is free to play, but like the aforementioned games, you can buy various advantages in the game using the game currency, usually referred to as gold. This is where things get interesting for SAAV Games and Agame.

Blockchain-Spotlight-on-SAAV-Games

The economy in Agame is a total free market, that means that if someone wants to come in and pay no money and just spend time building up troops and resources to sell to other players in the market, they can do that, but they run the risk of having their village overrun because they didn’t spend time on the right resources. To a large degree, this eliminates the ability of someone to just sit in the game and build things up to sell to other players and keeps everyone playing the game.

Unlike many companies that are preparing for an ICO, the people at SAAV actually have a working game. I tried out the beta on an iPhone 6 and an HTC 10. The game play was identical on both and while not all the graphics are finished, they do have wireframe and placeholders where it isn’t quite done. The concept is around particular worlds, once you enter a world you have a map with a variety of villages. Once you go into a village, there is the option to build up various buildings and resources, all of these can time to develop. The higher the level, the more time, which you can see from these screenshots:

and this video:

While the gameplay itself isn’t all that important for this article, I have to say that I was really pleased to see an ICO coming up that had something that already worked and was nearing completion in advance of the ICO. It is both simple and slightly complex to get your head around, and that is because of the simplicity of the idea. The game is minting 1 billion coins (also called gold or Saavcoin, they are all the same) as described in the opening. They are being sold for $.01 USD each (one penny) in the ICO, you will however be paying with Ethereum (ETH) so exchange rate fluctuation can apply. There is a fixed amount of the currency, kind of like back when the US was on the gold standard. The initial ICO will put almost all of the currency out and into the game, this provides a measure of security knowing that the company can’t just flood the market again later and wreck the game economy.

As I already mentioned, players can buy things from each other in the marketplace for whatever amount they both agree upon. When players spend gold in the game for things like speedups, notifications or whatever, that gold goes to the game ecosystem, not to a particular player, so it puts more gold in circulation from players that were holding it. Now, here is where it gets interesting; the price of the gold is based on what a buyer is willing to pay for it. With a large, but limited supply, this avoids inflation in the game but it could mean that later on in the game, the price of gold might be $.05 USD to buy or whatever price the market dictates. The real world economics make for an interesting aspect of the gameplay.

The SAAVcoin ICO has built-in limits so that no single buyer can get all of the coins and control the economy. They are also talking about giving 1000 SAAVcoins to each of the first 1000 buyers who also then join the game once it is available, so an incentive to buy early and then play early. SAAV is expecting to have the ICO in mid-October (23), so it is important to sign up at the SAAVcoin website to get on the registration list, it doesn’t obligate you to buy but allows you to reserve a slot. You can also follow news and talk to the company on Telegram, Twitter, YouTube or Reddit. Of all the companies I’ve looked at so far, this has been one of the easier ones to understand how to use it and what the use case is for it. The company will be posting very clear instructions on how to acquire their SAAVcoin token, so make sure you are ready. They will be accepting Ethereum for the ICO, but I was told they are also going to accept fiat currency through a credit/debit card purchase, which is pretty unusual, but certainly, makes things easier for new people to get involved.

The publisher of bitcoiner.today is not responsible for the opinions or recommendations expressed by its publishers. Investments in ICOs are high-risk investments, you may lose all or part of your investment. Consult with an investment specialist before you act.
Jose Felip

The difficult thing is not to learn, the difficult thing is to know how to teach.
Editor and coordinator of the free book “La era de las BLOCK punto COM”
CEO of bitcoiner.today

Jose Felip

Jose Felip

The difficult thing is not to learn, the difficult thing is to know how to teach. Editor and coordinator of the free book "La era de las BLOCK punto COM" CEO of bitcoiner.today