Supercell Delivers Forecast For CryptoCurrencies

If you were to Google CryptoCurrency you would see one of the modern phenomenons take center stage. If this term is new to you I have a simple explanation that I have been telling everyone who asks for a while now, CryptoCurrency is electric money. This electric money is not stored in your bank account either which means that no, it is not regulated by the Federal Reserve (the Federal Reserve makes decisions for Americans about their money yet Americans have no way to regulate the Federal Reserve in return) Instead this electric money is stored in your own personal account that is called a "Wallet". That probably does not sound very interesting yet but there is more. CryptoCurrency is part of a much larger system that many are calling "the new internet" because of the endless possibilities that it inherently offers those who use it. This system is called the Blockchain. The original catchphrase for the Blockchain was "a system created by millionaires for the decentralization of assets and holdings primarily held by the banking industry." (Should I repeat that or does one time raise an eyebrow. Yes money stored somewhere other than the bank which may be the most self serving institution that we have on the entire planet))

If you already understand Blockchain technology skip ahead to the Pink Title.

What Can You Do On Blockchain?

To fully understand the potential of the Blockchain you have to have a basic understanding of how it works, why there are so many different CryptoCurrencies, why there is such a broad perception of the overall system and why I think Supercell (mobile game company with the megahits Clash of Clans and Clash Royale to name just a few) has already answered the biggest question of them all. First... the Blockchain is a technology that uses the combined computing strength of all of the users that are currently plugged into the system (they are called Miners) to build blocks of data. Originally Blockchain was developed as the accounting method for the virtual currency Bitcoin. Bitcoin used what is known as "DLT" or distributed ledger technology. Soon after the technology was in use it's true capabilities were realized. These blocks are publicly accessible and can perform just about any function that your computer is capable of doing. The blockchain has "ledgers" that allows a user to announce to the Blockchain that it has a job for it to do. Te ledger then groups itself with all of the other ledgers that other users are announcing to the Blockchain until a "block" of ledgers are added to the existing "blocks" on the chain of previous ledgers inside the Blockchain.

Due to the diversity of the requests on the ledgers it takes an incredible amount of processing power to execute every request on all of the ledgers within the newest block. That's where the Miners come into play and things start to get really interesting. You and I can use a Miner app and use our desktop or even our smartphone to plug into the Blockchain therefor lending it our processing power along with something else... an anonymous hiding place for sensitive information stored on the Blockchain.

First Recap, There Is A Lot Of New Information Here

Let's quickly run down how everything blends together. The Blockchain is a string of blocks that consist of ledgers that contain numerous requests from all of the users of the Blockchain. The Blockchain announces to the world what is on every ledger which is part of a very effective security system, which I'll explain in a moment. Once the Blockchain processes the information it can store sensitive ledgers anonymously on any computer plugged into the system. On the ledger requests users can request the Blockchain to perform complex tasks and it is for this very reason that the Blockchain has so much potential. I have a good example of a transaction that one could request of the Blockchain that should string everything i've mentioned together... then I'll get to the damn point.

Etherium On The Blockchain

You are a business owner. You have a marketing company and all of your employees work from home on their computers. You want to set up a ledger to submit to the Blockchain and pay your employees. You decided to use

Ethereum on the Blockchain which does something much different than using a cryptocurrency like Bitcoin. This is where we start so see the real value of the Blockchain. Ethereum can be used to create "DAO" or Decentralized Autonomous Organizations . A DAO is run by mathematical code and does not depend on a leader or owner of your web hosting provider to make the right decisions about the execution of your code, app or website. Using the Blockchain also changes the fundamental structure of how your computer communicates with the world. Instead of all of the information from your computer going into your providers server and then to its final destination the Blockchain uses a series of "nodes" that provides your computer numerous routes to navigate to your final destination. A good visual analogy would be to compare your current system of computing, the process of sending everything through the web provider's system then to the final destination compared to the Blockchain node system would be to compare the web hosts to the switchboard of the manual telephone operator. This system depends on the operator making all of the correct decisions to get your call to the correct target destination.. We'll call it Grandma's house. In comparison the Blockchain technology would be like modern day cell phone tower and satellite network. When you make a call on your cell phone it will instantly decide which tower and satellite would best suit the call's end destination.. So the switchboard or the satellite? Not a hard choice to make when you really break it down.

A Smart Contract On The Blockchain

Going back to, owner of the marketing company... To pay your employees you will create a "smart contract" (a smart contract is a decentralized application or Dapp that serves some particular purpose to its users) and you tell the contract when to pay each employee, what percentage of their sales to pay them and where to find and calculate the total sales for each employee. In addition to your input your employees told the contract how they needed their pay split up and distributed so the contract can make their house payments, car payments even order weekly groceries to be delivered every Saturday morning. The complexity of the smart contract can get as technical as the developers of it can imagine, then it executes every aspect of the contract without any human interface in interference. The employees receive the digital money into their digital wallets on time every time and the you the employer do not have to go through the weekly hassles of payroll.. or taxes... or healthcare coverage... or whatever else you decide to write code for and include into the contract.

Once the Blockchain has your ledger (in this case the smart contract is on the ledger) it adds it to the a multitude of additional ledgers that were uploaded within about a 10 minute time frame around your ledger, creates an new "block" with all of the newly received ledgers and announces to the world that its adding a block to the chain consists a smart contract that will promise to pay your employees whatever you agreed on, and promised to disperse their money where they needed it to go. It may seem odd to announce the ledger to the world but that is how you can prove what was agreed on between you and your employees. The smart contract will also announce that all parties agreed on the contract. Everytime the smart contract goes into your digital wallet to pay your employees (as directed by you written within the code of the contract) it announces that transaction to the world, every time your employees withdraw from the Blockchain it announces that to the world. This offers complete transparency to everyone involved and removes title or status from the equation. The Blockchain literally removes the Golden Rule from the equation (the Golden Rule for those who don't know is "he who has the gold rules") This also means that your bank can't go into your account and take what they deem theirs, as far as I know not even the ultimate bully the IRS has any access to any of your digital assets once on the Blockchain. I almost forgot... the Blockchain encrypts your digital assets and hides the money anywhere within its system, so it can physically sit inside any computer that is hooked into the Blockchain "Mining" (which I haven't mentioned the reason that people Mine is because in exchange for using their computer the Blockchain pays everyone that is Mining a tiny fraction of whatever Cryptocurrency that the miner chooses to mine for, with an added "chance" to occasionally score much larger digital payloads if the miner's computer is lucky enough to contribute in the processing of a lucrative transaction. The security features that one can utilize the Blockchain for is simply mind boggling, and that is a tiny example of the Blockchain diversity.

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START YOUR OWN CRYPTO MINING OPERATION

SEE HOW HE MADE $5000.00 A MONTH W/16 CARDS

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Attention Please, I Am Going To Attempt To Steal From My Company Tomorrow At 2:30 AM With My Laptop From Their Parking Lot.

OK so hopefully you understand the Blockchain and its ability to process everyone's requests or smart contracts, how it groups the requests together with others and forms blocks of information and how tens of thousands of computers collectively process and temporarily stores all of the blocks. How the Blockchain announces every transaction so every smart contract is public knowledge which removes what can add up to be the crooked human element from executing every smart contract exactly as it was intended to be executed. Even the crafty hacker that may somehow get around the most advanced security protocols in the world can not steal from you without announcing to the world that he is going to attempt to steal from you along with how much and what time. Here comes another very interesting layer to the Blockchain. Companies can create their own currency using the Blockchain technology. Most of the time time the currency coexists with a product or service that they have created on the Blockchain as well. A good example of this would be the Arcade of the 80s. Anyone who wanted to goto the arcade would take their money and exchange it for tokens that they would then use to play the video games with. Same basic concepts with cryptocurrencies. Big companies like Amazon will soon have their own currency, Governments will have their own currencies and yes I'm sure banks will have theirs as well. Their value is what everyone seems to have so many questions and concerns about... but no me, I'll tell you why- eventually :D

Can Digital Currencies Hold Tangible Value?

Cryptocurrencies gain value from the same supply and demand that adds value to everything else in this world. The creators of the Cryptocurrency (aka digital currency, electric money) has a process to go through when the new currency is introduced. They will sell off millions of electric coins or tokens for somewhere between 10-30 cents USD each coin or token. As more vendors selling their products and services begin to accept that currency the more demand on that currency there will be there for driving the value of the digital coin or token higher and higher. The earliest coins introduced to the public was called Bitcoin. It also started out selling 4-5 coins for one USD. Satoshi Nakamoto mined the first ever block on the chain, known as the genesis block which was when the Bitcoin network was introduced. Today one Bitcoin is worth $12,365.oo and that's a comma not a decimal point. The incredible rise of the Bitcoin has brought the Cryptocurrency and Blockchain to center stage in a worldwide phenomenon full of speculation, joy, fear and doubts. You see there is a predictability about the fate of Bitcoin if you allow the logical mind to take over for a minute. Here is the problem with being number one on the smartest system in the world. When Bitcoin was first introduced it was literally on the genesis block, which was the very first block on the Blockchain. It was created with a specific goal in mind, to give people an alternative to the established banking system. A new system where no one and everyone is in charge. No one is the "president" or "ruler" of the Blockchain and everyone has complete control over their own account. No taxes or penalties are associated with this system whatsoever. In this regard Bitcoin deserves the $.20 to $12,365.00 increase in value that it currently holds on to. The problem is that Bitcoin is just a currency on a system that can do so much more. Modern cryptocurrencies have coding attached to them that allow the holders of the currency to incorporate it into any kind of smart contract imaginable. In addition to that the creators of the new version of cryptocurrency create corresponding applications that empower the holders of the currency with tools of their trade that is invaluable over a currency like Bitcoin whose value lies in the coin itself and that's it. A prime example of a newer crypto with several layers of value would be the Budbo Token.

The Budbo Token works together with Budbo 1.0 which is an app enables medical cannabis users to easily swipe through and find their choice of thousands of cannabis products, order directly from the app, pay with the Budbo Token (which they can buy with whatever physical or cryptocurrency that possess) and have their order shipped directly to their doorstep. In addition to the token and Bubdo 1.0 there is Budbo Trax which is the part of the app that the growers, sellers, marketers and distributors utilize to seamlessly receive payments from each separate branch of the operation, package and ship out their products. This also eliminates the "cash only" setback that had plagued the cannabis industry up until now. Using the Blockchain for all financial transactions removes the US federal governments capabilities to step in and seize money held in a traditional bank, which they could legally do considering the sale of cannabis products containing the cannabinoid THC is still illegal at the federal level even though all but a handful of states have made it legal to use for medicinal purposes. The final stage of Budbo is 2.0 which is how they have tied the entire system together using Blockchain technology. The Budbo Token is currently selling for under $.30 USD each but with all of the functionality surrounding the Token and the market momentum the company is gaining due to their niche yet enormous worldwide demand this cryptocurrency has all of the charistics to retain long term value.

Now lets compare the $.30 Budbo Token with the $12,365.00 Bitcoin. One will be used as a focal point in a multi billion dollar industry and the other represents its own face value, used wherever people want to accept it. Unfortunately all that you have to do is compare the two cryptocurrencies without their current market value weighing in on the comparison and the BudboToken presents about 10X as much tangible value. So what happens when all of the experts get together and start to analyze the future of Bitcoin. They all talk about the day that Bitcoin falls into obscurity.

What Happens To All Cryptocurrencies When Bitcoin Value Fades?

All eyes are on Bitcoin. The Bitcoin network has inspired the creation of hundreds (if not thousands by now) of other types of cryptocurrencies. Some of which have done well like Ethereum currently sitting at $832.94 or Ripple currently sitting at $4,211 or Cardano that's currently valued at $919 but the majority quickly fell apart usually due to an absence of the additional "smart contract" potential that is becoming a standardised addition to cryptocurrencies. (just imagine if we could unfold a hundred dollar bill and instead of Ben Franklin's head there was a computer screen that listed cutting edge trader tips and tools to help anyone that owned that hundred dollar bill invest it in the stock market... or the hundred dollar bill that simply displays what bill you had planned on using it for. (That's just the tip of the iceberg of the potential that cryptocurrencies have but I think you get it) Back to the flagship of cryptocurrency Bitcoin. As investors began to realize the possible or should I say the almost inevitable fate of the Bitcoin the question began to weigh heavy in the minds of them all... "if this happens to Bitcoin, if it really fails to survive in the long run due to market improvements in favor of the new cryptos, will they ALL fail sooner or later? The Blockchain will always get better so does all cryptos die with every Blockchain breakthrough?"

People started calling Bitcoin a hoax or fools gold. It's value can fluctuate as much as $500 in the matter of 24 hours. The question is without a commodity backing the token does it really have value?

After the longest lead up to a question in blog history the answer, without any question is YES and the mobile game giant Supercell has all of the proof if you know just need to know what you are looking for.

HOW Does SuperCell Prove That Cryptos Can Retain Real Value?

Let's take Supercell's flagship game Clash of Clans as what I believe to be the perfect example. Clash of Clans put the mobile game maker SuperCell on top on the mobile gaming industry helping the Finland based company reach what I like to call financial bliss. If your wondering what financial bliss feels like you need to make $2.3 million dollars a day, your employees need to be worth over $5,ooo,ooo each and your total value needs to be right around $10.2 Billion dollars... yes that's a "B" up front with a friggin 0 behind it to read $10.2 billion. To generate this type of A list income you would think some sort of expensive membership fee or cost per nanosecond would be involved but no, all or their games are free to download and free to play. There are many, many players of all of their games that have enjoyed the game without ever having to pay one cent but what they have achieved inside each game is to create an atmosphere that forces most players to do something that do not want to do to continue playing... What is this magical element? They asked their gaming community a simple question.

"How can the players of Clash of Clans become the most respected gamer in the Clash Community?" Supercell asked.

"How?" Every Clasher responded in unicent.

"We'll tell you in 14 days..." Supercell answered for two reasons. First because their research suggested that Clashers were very impatient and second as payback to all of their players that named their account Deez Nuts. Hate that-

Like All Great Marketers Supercell Found A Problem They Could Solve

All joking aside Supercell simply made their players wait... a long time.

All of their games have similar structures. Players start out with low level characters, in Clash of Clans case the characters are called Troops. Players advance through the game by leveling up their troops, they create unique bases that are home to the troops and players engage in an ongoing, neverending battle with the others players in the game. For me as a player I use my troops to attack other player's Home Villages (or base) and for successful attacks I gain in game resources taken directly from the other player's home village. They added one more major element to create the ultimate gaming experience which is now a staple for all mobile games... the chat room. In Clash of Clans players can band together with other like minded players and form "Clans" of up to 50 players. So now in addition to leveling up my own troops and base I have clanmates to talk to, engage in numerous in game communal tasks and live the high life all with the constructs of the game. Where does the money come from? How has Supercell shown that cryptocurrencies do not need to have a physical value that has an equivalent to gold to retain a "market value"?

Supercell allows their players to make in-app purchases on a very special item called Gems. Gems are Supercell's Digital currency for Clash of Clans. They can be purchased for as little as $.99 for 80 gems (a fistful of gems) or as much as $99.00 for 1,400 gems (a chest of gems) They are used to alter the virtual timeline inside the fabric of the game. This is taught to every player the moment they open an account and start playing as a "Villager" walks them through how to set up their village, how to attack to gain the in game currencies and finally on how to use the ingame currencies (called gold, elixir and dark elixir) to upgrade a building in their home village and instead of waiting from the upgrade to complete, use the Gems to instantly complete the upgrade. (I personally decided to ignore the Villagers advice and wait the full 30 seconds for the building to upgrade and the Villager instructed me "now is not the time to get cheap, use your Gems to complete the upgrade instantly. I started out with 500 Gems that comes with every new account) Supercells secret to success is to get the players invested in their accounts by slowly increasing the amount of in game currency they need for their upgrades along with increasing the amount of time they have to wait for the upgrade to finish. They have to go without whatever troop or building they are in the process of upgrading which makes it much more difficult to compete with the opposing players, especially as they advance further into the game.

Supercell layers a multitude of in game tasks that instigates players to compete with each other for the lucrative rewards they can receive if they top all players. These contests usually last for about a month and then they roll back the top players to an equal playing field and start again. Finally Supercell adds several update patches to the game several times a year, adding items, buildings, troops and addition levels for their existing characters and items. It is very common to look up their list of top 200 players after an update patch only to find that each and every one of those top players have already purchased and maxed out every new item included in the new update. I have calculated the actual cost to be over $1000.00 to purchase and upgrade all of the new items introduced in the new update... this means that due to the top players fierce competition with each other they ALL bought, in many cases over $1000.00 in gems each and used the Gems to keep their account in a maximum upgraded condition. This is true brilliance on Supercell's behalf. They have created an atmosphere that their players will spend thousands of UDS to purchase their in game equivalent to real money, Gems so they can compete with the elites, attack more times per hour or simply not have to wait up to 14 days to be able to use their favorite troop.

Does $10.2 Billion In Digital Currency Prove Real Value Or Do They Need To Get To $20 Billion Dollars Because That Is Coming

Gems have no value outside of the Clash of Clans game yet Supercell managed to top $10 billion dollars selling these little green game enhancers. Gems are the Cryptocurrency of Clash of Clans. (take a deep breath, you'll need it) Supercell has proven without even the tiniest doubt, that if you have a product or service that people really want, and you have a digital currency available for them to purchase, which in turn allows them to purchase what they really want right back from you... then that digital currency aka Cryptocurrency does have a tangible value. Supercell leverages their players using the one thing that is the most valuable of them all... time, and in their case it's worth $10.2 billion dollars. Pssst here's a secret... all mobile games use cryptocurrencies! But instead of calling them Tokens they call them Gems or Diamonds, Jewels, Rubies and one of my favorites Emeralds. The mobile game "cryptos" have paved the way for the Blockchain to comfortable project potential profits in the hundreds of billions every year! Raise your hand if your in the wrong business.

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