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RE: 7 DAYS OF MARKET STATS

in #peakmonsters11 months ago

3684 cards were purchased by @steemmonsters
... we're assuming that means purchased via TRX and paid out in DEC??

Yes, that's correct. When someone buys cards on the market with TRX the @steemmonsters account purchases the cards with DEC on their behalf. We plan to add additional currencies for market purchases in the near future using the same mechanism.

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Well we guessed correctly it seems. Cool.

BTW how does that work?... do you keep buying DEC with the TRX you get to keep fulfilling the thousands of dollars of purchases... or where does that millions of DEC come from?

Well we get more DEC through pack purchases, especially after we started valuing DEC at $0.001, than we give out from TRX market purchases. So the process is that we take in DEC for packs, then we effectively "convert" the DEC to TRX through facilitating market purchases, and we sell the TRX for USD to fund the business.

If we could have a PayPal option to buy cards with USD would be a total game changer and would likely see mass adoption of the game. I personally have a few friends that have started playing the game but are tech illiterate and trying to walk them through the depositing method of Coinbase to Blocktrades to Wallet to Market is really quite difficult.

If you could add PayPal as an option then I honestly believe the game will see mass adoption of people that aren't necessarily into crypto currencies.

Thanks,
Gringo211985