It’s Time for a Gamechange.
ReadyPlayGo is now Gameworks.
UPDATE 11.15.2018: Due to current market conditions, lost opportunities during the holidays, and the anticipated purchasing behavior of GWX investors; we have decided to slide the timetable of Private Sale 2 to run from December 1, 2018 to January 15, 2019.
Businesses built on technology will always be under pressure by rapid changes in the environment they operate in.
The agile business of today must be constantly sensitive to these signals, quick to respond to emerging challenges & opportunities, and bold enough to take charge and change course when needed. Nowadays, being able to execute these pivots sooner rather than later
My name is Jay Fajardo, and I’ll be guiding the pivot of the project formerly known as ReadyPlayGo, into a platform designed to be a robust and compliant, tokenized gaming ecosystem.
Since the launch of ReadyPlayGo in March, significant developments have created opportunities for the team to take advantage of new technologies and business models. Because of this, the team is now able to look beyond the initial plans and expand the project to a more ambitious roadmap.
INTRODUCING GAMEWORKS
Gameworks is considered to be an evolution from what was merely an “app store” for games, into an expansive token-centric ecosystem that brings together game publishers, game developers, players, items, and merchandise. Its technology and business roadmap will eventually integrate real world gaming and commercial venues seamlessly, where and when regulations allow, into the ecosystem we are building.
GWX, the Gameworks Token
Gameworks will create and utilize its own token called the GWX, based on the NEM Blockchain. GWX will facilitate the flow of value throughout the ecosystem, fueling the transactions between publishers, their games, and the players. Later, these transactions will expand, to include Gameworksmerchants (for trading virtual or real merchandise), and Online-to-Offline(O2O) with brick and mortar establishments that will accept GWX in exchange for products or services.
It’s important for the publishers, players, and merchants within the Gameworks ecosystem to have easy access to the GWX tokens. With this in mind, we plan to make them available through the Gameworks Token Depot(mentioned below), and through listing in various exchanges for a much wider audience reach.
PLATFORM BUILDOUT
Gameworks will initially be built with 3 key functional applications;
The Gameworks Game Central is the primary market facing application of the ecosystem. It is designed as a marketplace where games can be published, promoted, and run using the GWX token, through an easy and secure API. Publishers will be able to open accounts and assigned their own Publishers Wallet which they will use to fund the games they provision under their account. Publishers will be able to add and publish games, each of which their own Game Wallets that will be used to receive into and disburse from, the GWX used in the game.
The Gameworks Wallet will be the mobile application used by Gameworks Players to receive, store, and send GWX to the games, other players, and merchants. Also through the wallet, players will be able to purchase GWXtokens from the Gameworks Token Depot. The Gameworks Wallet will be released on both iOS and Android plaforms.
The GWX Token Depot will be where publishers and players can buy GWXtokens used to run and play the games. Since GWX will later be listed in a number of cryptocurrency exchanges, the token price on the Token Depotwill reflect market prices reflected on a reference exchange, to be chosen later.
NEW LEADERSHIP TEAM
To make sure that the project’s shift in direction and speed is efficient and optimal, a new leadership team has been put in place to strengthen the success of the Gameworks roadmap. Starting November 1, 2018, the project will be under the stewardship of a hugely capable and seasoned team , each of whom has achieved their respective successes in multiple technology and blockchain ventures.
Jay Fajardo, CEO
Jay is a seasoned tech entrepreneur, with over 30 years in the ICT field and extensive P&L experience, research and development, strategic, and operations management.
In 2002, he founded Wi-Fi hotspot network Airborne Access, which was acquired by PLDT in 2008.
Holding roles as director, advisor, and mentor in various tech startups, ICOs, and blockchain projects in Asia, Jay is considered to be one of the pioneers and thought leaders of the Philippines’ tech startup scene. He also is the founder and CEO of deep tech engineering firm Proudcloud, and co-founder and CEO of Manila based innovation hub Launchgarage.
Nigel Hughes, CTO
Nigel comes from a background of mainstream software development. He is a bitcoin early adopter and has been involved with cryptocurrency and blockchain related projects since 2010.
His long career has exposed him to many industries notably gaming, entertainment, statistical analysis, telecoms, medtech and aerospace.
He has recently completed a successful NEM based ICO for LoyalCoin, a loyalty rewards company. He is a principal consultant for NEM foundationand advises a number of ICOs and blockchain startups in South East Asia.
Rafael Padilla, CLO
Rafael Padilla is a commercial attorney who focuses on financial technology, cryptocurrencies and blockchain. He is also a professor of law at San Beda Alabang School of Law where he teaches Legal Interpretation, Constitutional Law, Tax and Transport Law.
He has worked with some of the blockchain remittance and financial technology startups based in the Philippines, serving their legal and compliance requirements. He also co-founded the Fintech Philippines Association, a non-profit group that represents the interests of the local fintech community and their financial inclusion agenda.
RATIONALIZING THE GWX TOKENOMICS
The evolution from ReadyPlayGo to Gameworks included the need to fine tune the project’s tokenomics. After a very careful analysis of the current crypotocurrency market dynamics, we have finalized on a new token distribution model, ideal for GWX’s success as a utility token within the Gameworks ecosystem.
Early Supporters.
Supporters that already participated in the RPG Private Sale will receive additional tokens in proportion to the adjusted token price of $0.003, based on their original contribution amount and conversion rates on that date. In addition to that, these early contributors will receive an additional 5% token bonus.
✔ ︎ Additional Tokens at $0.003 + 5% Token Bonus
THE NEW TIMETABLE AND ROADMAP
With the new Gameworks platform architecture taking shape, we’ve adjusted our roadmap to reflect the extended Private Sale, the development and launch of Token Depot, GWX Wallet, and Game Central, the continuing Public Sale, and the schedule for listing GWX on exchanges.
NEXT STEPS
To complete the transition to Gameworks, We’d like to invite you to follow us on all the communications channels below:
Website : gameworks.io
We’ll be rolling out the new website in the next few days so stay tuned.
Telegram : t.me/Gameworks
This will be the primary communciations channel between the Gameworkscommunity (Gamechangers) and all of us here at Gameworks. (If you were already on the old RPG channel, we’ll be bringing you into the new Telegram channel shortly.)
Facebook : fb.me/gameworks.io
A lot of news about Gameworks developments, the ecosystem, the community, and the blockchain industry in general will be posted here. Stay tuned for announcements on events, partnerships, and other relevant content.
Twitter : @gameworks_io
Many in the blockchain community monitor Twitter religiously. Personally, I find the content on Twitter much more substantial, and the personalities on it full of high value insight.
Blog : medium.com/gameworks
Email : support[at]gameworks.io
Reach out to us here on our legacy communications channel, constantly monitored by our support team.
We’ll be releasing the new whitepaper very soon and we’ll announce its availability on these channels.
For existing project supporters, you don’t need to do anything else. Your contribution details will be included in the migration. Also, our support team will reach out to you for any other details we may still need. If you do need further clarification, don’t hesitate to reach out to us on our Telegram channel or via support[at]gameworks.io.
That’s about it for now but until our next update, keep changing the game!
