Cryptocurrency is seldom referred to as the 21st century unicorn. It has become a global phenomenon in no time after Satoshi Nakamoto, who was busy inventing Bitcoin, invented cryptocurrency unintentionally. Satoshi basically wanted to build a peer-to-peer decentralized electronic cash system thereby inventing the Bitcoin. Cryptocurrency, as we are well aware, is a medium of exchange which is created and stored in an electronic form in the blockchain. It uses encryption techniques to control the creation of monetary units and to verify fund transfers. It has no intrinsic value.
Peerguess is a game changer by all means. It is a free application which predicts and analyzes cryptrocurrency based on gamification principles. It is a cryptocurrency price ticker application. Here, clients shall guess/anticipate future prices and earn gems, learn about community tendencies and reach sophisticated data. How many times you thought that you could make solid prediction and made million? This is your chance to do so with the Peerguess.
Peerguess had realised that clients usually use Coin Ticker, Blockfolio and such other similar applications to check prices of currencies. These applications simply track the market status or the client's portfolio value thereby not providing sufficient information. Additionally, it was found out that crypto traders, miners and small investors normally back themselves up with research related to tips and tricks on investment and clues from resources namely blogs, twitter, coinmarketcap.com, etc. This is exactly what Peerguess works on both of the abovementioned services on one platform thereby mitigating online hassles for clients. Peerguess tracks cryptocurrencies from varied exchanges, creates portfolio and alerts and is designed to function applications such as Coin Ticker, Blockfolio and/or crypto projects like CoinDash, DetectorToken and Trackr. Since, the theme of Peerguess is based on an online game, it allows its clients to guess the value of a certain cryptocurrency in the next 24 hours using the gems provided or purchased. These guesses, as Peerguess quotes, shall create a community thought and users shall be able to learn about Bitcoin's or any Altcoin's value in the next 24 hours. Hence, the user's predictions of his own portfolio along with the whole cryptocurrency shall be visible to the user as an investor.
UNIQUE FEATURES
Peerguess believes that within no time all cryptocurrency ticker and portfolio applications shall be replaced by Peerguess. This is because it has provisions of a game to be played when no cryptocurrency is owned. Peerguess has come up with the idea of creating "gems" which users shall be able to convert them to ERC20 type GUESS tokens over Ethereum platform since it is not possible to introduce tokens as a means of payment in AppStore. The users shall start with the provided Gems which will be received more as an investment bonus. These can be bought from the in-app purchases or convert GUESS tokens to Gems.
RULES OF THE GAME
The user shall set the amount of Gem he wants to play with and shall click Up or Down buttons. For instance, if the price for one Ethereum is $261 at present, the user shall try to guess if it shall be lower or higher than $261 after 24 hours. Along with the game, Peerguess shall also be providing users with the training and compare their predictions with the real-world data.
This point onwards, our platform shall analyze the Gem play data to provide sophisticated results, reports and opportunities to procure gains. The platform features shall be provided for free for the ICO investors on a permanent basis depending on their investment amount.
MODULES
Cumulative Guess Analytics (CGA)
This shall be useful to gauge the general opinion of the community. For instance, users may be to check that 75% of Peerguess users believed that BTC/USD will decrease in the next 24 hours.
Recommendation Engine (RE)
This module displays a list of cryptocurrencies for users who predict both cryptocurrencies and other currencies such as e-commerce recommendations. The engine recommends currencies based on the user's prediction history and segmentation.
Auto-Trade (AT)
This uses the historical success rates and many other indicators to create triggers and parameters from the application and make trades on your chosen exchange/platform.
Stigmergic Quantitative Data (SQD)
This is based on Positive and Negative Guesses made which can be filtered by Country, Time, Zone, Language and other data fields to assist the users to understand the different dynamics of the crytocurrency world.
It should be noted that the abovementioned modules shall be reserved only for ICO investors. The same shall not be available for free after the ICO period ends.
USAGE OF GEMS
Users shall be provided with 100 Gems in the beginning and shall predict the cryptocurrencies future value within 24 hours by using the provided market's average value. The predictions could be made with 1-10 Gems. They shall be doubled for an accurate prediction by the end of 24 hours.
Peerguess shall check the Gem balance every 24 hours and shall deposit 10 Gems as a gift for users with zero Gem balance. Peerguess shall make the In-App purchase available to buy more gems.
The web version of Peerguess shall allow provide users with the benefit of converting Gems to GUESS tokens which shall transform the Gems earned in the game to a real-life value.
BENEFIT FOR USERS POST INVESTMENT
- Ability to check Cumulative Guess Analytics and Auto-Trade;
- Procurement of data from Recommendation Engine, Stigmergic Quantitative Data modules, bonus Gems (users' Gem conversion rate shall be higher);
- Opportunity to collect GUESS tokens for lesser value than its possible future market value; and
- Removal of application advertisements for good if investment is made during the ICO.
DISCOUNT RATES FOR EARLY INVESTMENT
| ICO Week 1 | 2500 GUESS Token / 1 ETH (with 100% bonus) |
|---|---|
| ICO Week 2 | 2000 GUESS Token / 1 ETH (with 60% bonus) |
| ICO Week 3 | 1500 GUESS Token / 1 ETH (with 20% bonus) |
| ICO Week 4 | 1250 GUESS Token / 1 ETH |
USAGE OF GUESS TOKENS WHILST THE PROJECT IS LIVE
- Access privileged user sections depending on the user's investment tier
- Buy Gems with more than 50% off Appstore price (depending on actual GUESS token market value)
- Peerguess shall distribute 100 Gems to all holders of the GUESS tokens for each 10000 GUESS tokens they kept for 7 days. For instance, a holder with 15,000 GUESS tokens shall receive 150 Gems on Sunday morning.
- The user shall most definitely sell or buy and leverage from the future rise of market value as Peerguess is targeting to have minimum 1 GUESS = $0.20 post the project running live and a huge rise thereafter.
Conclusion
Peerguess team has a strong profile with commendable experience in the internet and mobile gaming industry. The team shall be getting built even better post recruitment of non-technical staff pertaining to marketing, law, etc. Peerguess shall be reigning the world with its ambitious roadmap that they have chalked out until the first quarter of 2019.
Important links
Website: https://peerguess.com/
Whitepaper: https://peerguess.com/files/White%20Paper.pdf
Btalk bounty thread: https://bitcointalk.org/index.php?topic=2184814.0
ETH Addy: 0x2014D994888daC14566B12C1eF747B747A52cC4e