Ichoronium has many meanings, but its first meaning, is that Ichoronium is a network of gamers, publishers and game asset traders who participate in the network with the main goal of putting gamers in space and helping jump start a private space economy to colonize the solar system and provide a viable economic system that transfers of value across vast distances such as the moons and other planets.
People will participate in the Ichoronium network make money playing games, earn entrance to the FABS Explorations Astronaut Corps to go on space missions, or publish games and trade assets.
Ichoronium Social is the social network that manage the social network functions of the gaming network. Here users will have their own gaming profiles, stream their games live, and make friends while trading assets and participating in the network.
The Ichoronium Blockchain is the public ledger where all the gameprofits accounts, video game assets and contracts for the network are made public for the world to see.
Unlike Bitcoin, Ethereum and others, Ichoronium is a private held and run blockchain network. All privilege's and blockchain functions are limited to Ichoronium Network Membership. Functions such minting assets, characters and mining Ichoronium are only for approved members with approved devices.
Ichoronium is a "Fee Free" blockchain network , meaning to send and receive Ichoronium or any of its assets on the network outside of the gameprofits.io platform, does not require ichor. For instance when you use Bitcoin or Ethereum's blockchain, when commencing a transaction you need Bitcoin or Ethereum to pay the fee to send the transaction. On this network, sending and receiving transactions are free. A fee is only charged when game assets are converted to USD.
For instance, if you walk into a store pay for coffee with game cash or Ichoronium. This transaction is outside of the gameprofits.io platform and no fee is charged to the customer. Only a processing charge to merchant for conversion to USD.
Each funded mission is correlated to a gaming cycle. When mission funding through game play hits 65% , the gaming cycle triggers “The Games” . Each gaming cycle tournament produces 4 certified Gameonauts and generates 280 million in gross revenue USD.
“The Games” Once a gaming cycle reach's 65 percent funding and down payment is achieved on the space rocket ride and tentative launch date is set, the online tournaments start to raise the remaining 35 % of funding and select the 4 certified gameonauts as champions for the cycle.
The games will continue until funding reaches 100% , once that happens the top 1500 gamers on the network will receive an all expenses paid trip to Walt Disney World’s Contemporary Resorts & Conference Center in Orlando Florida where secure industry standard gaming stations and game profits staff will securely monitor and run the final brackets of the Games To End All Games.
At the end of the tournament a ceremony will commence with all gamers at the conference present, music , role play and a swearing in ceremony will happen along with presentation of the new gamonauts, they will be given their astronaut helmet and suit and and be hired by the FABS Explorations Astronauts Corps to prepare for their mission. This will turn into a world wide specticial .
Very Simple, Your game play funds the space mission. We call it "The Gamification Of Space Exploration" Every time a gamer spends game cash to play game, or buys a asset , commissions are run up the gamers trade network. This includes commissions to the current gamming cycle account fund. The same goes for gold, every time gold is rewarded on the network commission are run up the gamers trade network including the gaming cycle account fund. All transactions are commission based so everyone gets paid to play.
Gamers on our network pay no membership fees. They pay lightly higher fees and are paid slightly lower commissions. Gamers are basically in it for the money, They come , they play games, they get paid and they follow and support their favorite Gameonauts by following them on the network.
A Gamenonaut is paid member who patriciates in the network with the hopes of earning Gamenonaut Certification and being hired by Fabiano Astronautics Business & Space Explorations Corporation to become a real astronaut.
Gameonauts earn certification through two routes. The first is being a Gaming Cycle Champion. These gamers generate the required 75 million dollars in gross game profits required for certification through game cycle participation. These gamers win local regional and international tournaments for a gaming cycle. The top 1500 gamers at the end of the cycle(Gamenonites) are invited with a all expenses paid trip to Walt Disney World Resorts Conference Center in Orlando Florida for the final brackets and certification ceremonies.
The final brackets are called "The Games To End Games" and select the Champion and three backups for Gameonaute certification through this method.
The complete gaming cycle generates roughly 280 million USD. This is the fastest way to earn FABS Explorations Astronauts Corps entrances. It's called the "Games To End All Games" because chances are that winners are highly addicted gamers and the only remote chance to take that controller or mouse away from a warm pair of hands is entrance into the Space X / Nasa Astronaut training programs. Any game play by them is very limited due to their training and will be broadcast live on the network when it does happen.
The game profits platform makes it easy for games and gamers generate the funds to do these types of missions.
Games To End All Games Inc.'s Ichoronium platform is open to all game stuidos, independent studios. If you have a game you would like to publish, Gameprofits staff will review your game and if approved will grant you or your team gameprofits.co test net access to apply the Ichoronium PDGCS backend to your video game, coverting its economy to the ichoronium network.
Gold - Gold is minted on the network 2 ways. The first way is through advertising revenue. The second way is through gamer purchases of gold.
Gold has a face cashable value of $10 USD per 1 kg. the Denominations are as follows.
1 gld = 1 kg
0.001 = 1 gram
0.000001 = 1 gold dust
Gold can be exchanged for USD by anyone in the network and is the main trading currency.
Game Cash - Game Cash is used to start video games on the network and purchase assets and charterers inside video games. Only Premium Exchange Traders and gameonauts can exchange gamecash for gold. Game Cash can only be minted by sending gold to the minting account address by anyone and vice versa.
Think of game cash as the tokens you used to get when putting money in the machine at the arcade games of old.
Game Cash is only worth money to game publishers and premium exchange traders as they use it to sell assets for their video games
Game Cash USD value is as follows
10,000 Game Cash = 1 kg gold
10,000 Game Cash = $10.00 USD
0.01 game cash = 1 Gold Dust (0.0000001)
This exchange mechanism between gold. game cash and, USD allows us to split a penny a 1000 ways for gameplay.
Oakz are a type of asset that can be converted to gamecash to go play video games. So if you purchase a premium miner with Ichornium, that miner returns you oakz once a day. You typically receive a 30% return in gamecash to play games over collections. Each premium contract expires after 90 collections. So what's the point ? You get more daily gamecash to play games and network commission run upline.