KNOW-
LEDGE.
Tell me more about Play-and-Earn…
Play-and-Earn (P&E) games are online games that let players earn rewards with real-world value by completing tasks or simply in exchange for their playing time.
These rewards can come in the form of in-game assets like skins or weapons or crypto tokens and other NFTs.
VIKER’s simple P&E games enable players to start earning as soon as they start playing and build up rewards in Satoshis (a denomination of Bitcoin). Players can then collect their earnings by simply linking their gamertag to their in-game wallet.
How Do I Get Started?
The beauty with our Play-And-Earn games is that you can start playing and earning without having to pre-purchase anything or setup a complex crypto wallet. Users will be able to earn sats in minutes and we have simplified the withdrawal process. Partnering with ZEBEDEE, users can easily create a wallet once they are ready to withdraw and can safely move sats into a secure wallet.
What Are SAT's?
Sats is the short term for Satoshis, the smallest unit of Bitcoin (BTC). One Satoshi (sat) is equal to 0.00000001 BTC (one hundred millionth of a Bitcoin). Simply put, there are 100,000,000 Satoshis in one Bitcoin. The name initiated from the brains behind Bitcoin, Satoshi Nakamoto. Our current Play2Earn games reward users in Sats which has real value behind it. It’s important to understand that the value of Satoshi’s can change depending on overall market conditions. When thinking about the value of Satoshi’s it is simply down to how Bitcoin is performing. As the price of Bitcoin increases, so does the value of your sats. For example, let’s say Bitcoin is sitting at $21,000. You earn 200,000 sats over 3 months playing a variety of VIKER games. Your 200,000 sats equate to 0.00200000 Bitcoin (an estimated value of around $42)
Crypto, Bitcoin, Blockchain…. What does it all mean?
Blockchain is the technology that enables the existence of cryptocurrency. Bitcoin is the original asset created as a cryptocurrency. Cryptocurrency is the means of exchange, just like the US dollar, but is a digital version that is processed securely and anonymously across a network that verifies transactions without a third party. Congratulations – if you’re here, you’re an early consumer of a huge digital movement. Think about the internet in the 1990’s and the internet today, blockchain and cryptocurrency is starting on a similar path, to become extremely valuable to institutions and many expect mass adoption to occur over time, just like the internet.
Tell me more about NFTs…
NFTs (Non-Fungible Tokens) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. They are digital one-offs. NFTs allow you to buy and sell ownership of unique digital items, they are basically blockchain tokens representing a unique digital item. NFTs can represent almost anything like artwork, graphics, music, videos, images etc. ‘Tokenizing’ these real-world tangible assets makes buying, selling and trading them more efficient while reducing the possibility of fraud. Using the same technology that powers cryptocurrencies (blockchain). But they are completely different things.
Tell me more about Cryptocurrency…
Cryptocurrency is a type of currency which uses digital files as money. Digital signatures can be used to keep the transactions safe and let other people check that the transactions are real.
Cryptocurrencies are usually not controlled by any one person, but instead they are ‘decentralized’ and controlled by many people (the opposite to ‘centralized’ electronic money and central banks which are controlled by a small number of people).
The control of each cryptocurrency works through a list of transactions shared by everyone, usually a blockchain. This lets everyone know all of the financial transactions that have taken place.
There are thousands of different cryptocurrencies.
VIKER TIPS
- NEVER give out your seed phrase or private key
- IGNORE direct messages on social platforms if you don’t already know someone
- BACK UP using google authenticator if you’re using exchanges
- BE CAREFUL on telegram and discord groups
RESEARCH first if you’re new into crypto, always research first and act with caution.
Tell me more about Blockchain technology…
Blockchain can be thought of as a shared database filled with entries that have been verified and encrypted (making it difficult or impossible to change, hack or cheat). The simplest comparison is to an accounting record book. Each ‘block’ is really a ‘line item’ in the shared record book. The ‘shared’ component means that it isn’t stored in one central location. Thousands of copies are stored all around the world in home computers and business servers, this is why blockchain is often referred to as ‘decentralized’. Once a record is added (following confirmation by multiple computers who have a copy of the record history), it cannot be changed.
