TLDR;

Bancor3D — an Accelerated Economic Game

https://bancor3d.com — Screenshot 01 Oct 2018 16:30:16 GMT

About Bancor3D

Bancor3D — an Accelerated Economic Game

The bancor was a supranational currency that John Maynard Keynes and E. F.

Schumacher conceptualized in the years 1940–1942 and which the United Kingdom proposed to introduce after World War II. The name was inspired by the French banque or (‘bank gold’). This newly created supranational currency would then be used in international trade as a unit of account within a multilateral clearing system — the International Clearing Union — which would also have to be founded.

In 2018, we project the bancor into reality. Here we compress the time and quickly test the game under the Bancor pricing model. We set up a prize pool which called Keynes’s reward for the winner of the game.

Allocation

In Bancor3D, the EOS that purchased the Key will be allocated as follows:

50% entered the free market and adjusted the pricing using the Bancor Protocol

36% deposited in Keynes’ Reward

10% is used to invite rewards

4% is used for development operations

Bancor3D Allocation

How to make money?

In Bancor3D, you can make money in four ways:

Sell Key when price rises

Obtain dividends based on the number of Keys and HODL time

Win the Keynes’ Reward

Referral program

Accelerated Bancor

Is the pricing model of Bancor consistent with the market-based results? And what happens if there is an inconsistency? For decades, many economists have only analyzed in theory but not conducted simulation experiments. In Bancor3D, we will experiment to verify this.

Our team conducted an in-depth analysis of historical price changes since the generation of digital currency and adjusted the price function. This adjustment will speed up the time within the Bancor3D system to quickly verify the pros and cons of Bancor and market-based pricing.

In order to prevent the manipulation of prices and other behaviors that affect the experimental results, we will not disclose the pricing function. One thing that can be confirmed is that increase in the price of Key are accelerating as time goes by and more KEYs get purchased. You are welcome to guess the pricing model. For economists who guess the price model, the team will send a special gift. You can send your guess to muggles@bancor3d.com

Keynes’ Reward

36% of income of sales of key will be stored in the Keynes’ Reward. When the player sells the key, half of the player’s cost which was stored in the Keynes’ Reward will enter the bonus pool. It will be distributed to the players who is HODLING keys.

Dividends

The initial countdown of the game is 7 days. Each purchase of a Key extends the game time by 60 seconds, and the extension time is upper bounded by 7 days. When the countdown ends, all EOS in the prize pool will be awarded to players who have bought in the last 10 minutes. Each player will be rewarded for the percentage of Keys they bought in the last ten minutes.

Unfortunately, the probability of a hacker’s exclusive pool is greatly reduced.

Referral

Everyone who gets more people involved in this game will be rewarded. 10% of EOS will be used for referral rewards. First level inviters and second level inviters will receive a reward of 8% and 2% separately. Note* before sharing the invitation link, you should have at least 1 KEY for your account.

The inviter must be a participant in the experiment (holding the Key) in order to receive a reward.

Referral Program

Game Over

When the countdown is 0, the game will end and Keynes’ Reward will be assigned to the winners of the game. Key trading will stop, and all players holding EOS can withdraw within 24 hours.

In addition, all players with Key will open an Easter egg, which will be disclose at that moment.