๐Ÿš€ ๐ŸŒ• moonSTEEM Update : Preparing for V2

in #moonsteem โ€ข 3 years ago


Dear all, we have gained vast experiences and feedback from players and investors over the past few weeks about the moonSTEEM game.
There's a lot of balancing and upgrade features that we are excited to rollout but would require a big overhaul of the existing system.
We will be testing the moonSTEEM V2 the next few days and aim to deploy next week.

Key changes for V2

  1. The conversion rate of Steemies will change from 1 STEEM = 1 million Steemies to 1 STEEM = 1 thousand Steemies (so 1 Steemie will be equal to 0.001 STEEM)
  2. The Dividends system will be completely reworked. Instead of real-time Profits&Losses distribution, we will switch to a โ€œbufferedโ€ system where profits are put aside, excluded from bankroll and then distributed, to secure the gains for shareholders and ensure continuous, stable and growing dividends for shareholders.
  3. The weight of each role will change and all items will in v2 provide a lifetime share of Profits&Losses.
  4. The house edge will switch to a 1% fixed + 1 % variable to a 2% fixed directly embedded in game multipliers (so no more 0x).
  5. The ratios of Max Profit / Max Bet will be adjusted.

Transition from V1 to V2

As the updates require some core changes, V2 will be independent of V1.
A new provably-fair seeding event will be made and the database will be cleared up.
We will need to restart everything and the site will be down thus we seek your utmost understanding and patience.

In approximatively 2 hours, we will stop gaming, deposits and invest features but the website will stay up for 2 days after that. During that time you will be able to withdraw.
If you donโ€™t, transfers will automatically be made when we โ€œtake downโ€ V1 and all positive balances (superior or equal to 1000 Steemies / 0.001 STEEM) will be directly sent to your Steem account.

Recommendations for the different types of participants :

  • [Players] We will be stopping the game in 2 hours time, if youโ€™re running scripts please be aware of that and stop your scripts when possible.
  • [Investors] If youโ€™re currently โ€œat lossโ€ (dilution fee taken is higher than what you got from dilution and what you withdrew from your P&L balance), we will sent you back the difference (if superior or equal to 0.001 STEEM - 1000 current Steemies).
  • [Delegators] You can keep your delegation to the @moonsteem account, it will be taken into account in V2.
  • [Sponsors] All affiliates you got will be maintained in V2 (if they come back to the site, as all other data will be cleared - their bets, etc.).

If you reside in a location where gambling, or betting over the internet is illegal, please do not click on anything related to these activities on this site. You must be 18 to 21 years of age to click on any gambling related items even if it is legal to do so in your location. Recognising that the laws and regulations involving online gaming are different everywhere, players are advised to check with the laws that exist within their own jurisdiction or region to ascertain the legality of the activities which are covered.

The game provided by moonSTEEM is based on blockchain, provably-fair, and transparency. As with all gambling, thereโ€™s entertainment value for the thrill and it also carries with it a certain degree of financial risk. Players should be aware of these risks and go with the amount that you can afford to lose, Be responsible and donโ€™t overindulge.

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Looks like the site is down.

Posted using Partiko Android

Yea because they are updating the core system of the game.

Posted using Partiko iOS

I think it might became harder to win after this change because currently, let's say, if we're martingaling, we could bet 1 steemie, then 2, then 4, etc; we have really huge delta between MAX_BET and the MINIMUM_BET which is good for martingale. After the update Martingale is going to be 1000 times less effective or about that. So we will have to adjust scripts and everything accordingly. But anyways, I am interested to see new update, @moonsteem .

Jup, I think that is one of the reasons for the update. To make it a bit harder for martingale users and other such systems.

Thats exactly my point. I think I'm out then.

It's called gambling for a reason... Not "free money here!"

Wait update

Any future for mining moon tokens like magicdice? That would be a nice cool addition.

@direwolf @dappbank
It sounds like thats exactly what they are doing with "all items will in v2 provide a lifetime share of Profits&Losses." So livelong dividend for using the plattform.

'mining' for P&L share

I see a bright future for moonsteem.

And I love moonsteem :)

Might be a good idea to add a Moon Token in the near future as well. ๐Ÿค”

Posted using Partiko iOS

That would be cool .

The Moon token :)

I just received back my investment, but without the dilution fee. Please refund the fee too. @msowner2 @moonsteem

the dilution fee on the way, we are processing it

Now THIS is the way you do business and treat your early investors! Not only will I be doing a favorable video about moonsteem......I would be MORE THAN HAPPY to invest in future releases or games you decide to try out. Thank you sooooo much for being honest, transparent Steemians with integrity.

thank you so much for your support! see you on v2

yup. the dilution fee on the way, we are processing it

being millionnaires was fun, but it's throwing the game off balance a bit, as anyone can have "unlimited" bankroll to make martingales sarting with low amounts with @moonsteem

yeah and that what was actually super good about this game @dailyexpress ;)

yeah v2 will be better balance

Good to hear this๐Ÿ˜Š I will be back i think ๐Ÿ˜‰

Posted using Partiko Android

cu gabby

So do I have to wait until the site is down to withdraw @moonsteem?

The new dividends system sounds a lot more attractive for investors btw. It's a step in the right direction I think.

No, it will be sent automatically from what I understood.

u can withdraw anytime, if it will be be distributed automatically in 2 days

Great Work! Can I keep the steemies in my invest account? (if not, I will have to pay the dilution fee 2 times)

Posted using Partiko Android

dilution fee will be reimburse if u fit the condition.

How much do I get for delegating?
Any fixed returns?

Posted using Partiko Android

pls wait for v2

If I give you some SP Delegation, get I back dividends?

Posted using Partiko Android

pls wait for the new v2

All the changes seems great!

working on it !

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

so if I was to upvote your comments will I get the โ€œโ€faucetโ€ credits?

Yes, I did.

Yes everybody does.

yup pls wait for v2 to do tat

I really like the development of the project.
I made a deal, I recommend it to everyone, but have fun with caution!

thx man

I still think 1000 steemies to one steem is too extreme in comparison to 1000000. I reckon you guys should've looked at 100,000 or 10,000 first. I know you guys will work it out though.

issue is with the steem price thus we need to factor in the new rate.

Is she back online?

Posted using Partiko Android

still working on it


Posted using Partiko Android

This post has been included in the latest edition of SoS Daily News - a digest of all the latest news on the Steem blockchain.

wow..this shut down taking so long... probably shop closed forever?

we r still working on it

Nice good working team, lets get moonsteem to the moon.

cannot wait for these changes.

yeah aiming for the moon too !

yeah aiming for the moon too !

Thanks for letting us try it out.. very meditative to watch the that curve rise..

Good luck with the future.. and as others say --> moon tokens!

Thank you for the blessing @moonsteem

Posted using Partiko Android

Dilution fee refund was a surprise. Thanks for the solid business practices!! ๐Ÿ‘๐Ÿ‘

=) see you again on v2

Wouldn't it be easier for you only to adjust minimum bet to 1000 Steemies (0.001 STEEM), than changing the exchange rate to 1STEEM=1000 Steemies? @msowner2 @moonsteem

we have considered that and decided to go with the new conversion.

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Wonderfull plan

Posted using Partiko Android


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