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Worldopoly Worldopoly is the world’s first mobile game to combine Augmented Reality, Geopositioning, Blockchain and Artificial intelligence within an engaging economic simulation and strategic multiplayer game.


Worldopoly is the world’s first mobile game to combine Augmented Reality, Geopositioning, Blockchain and Artificial intelligence within an engaging economic simulation and strategic multiplayer game. Worldopoly gives the players a platform to build, own and trade property, all securely stored in blockchain. The innovative new approach is the use of it’s own cryptocurrency, the WPT as the base of the economic simulation. This gives the game a layer of realism never seen before, because people can earn real money when playing. The addition of AR makes it possible to actually see your empire grow before you eyes. In short Worldopoly is a true revolution in mobile gaming, easy accessible and yet complex like the real life itself. The best is part is: the game has already completed the development of its game engine and major features.

Players are finally freed from the limitations of the screens on their mobile devises. The use of Augmented Reality (AR) and Geolocation makes it possible to actually “see” one’s in-game progress and interact with other players in real life. The introduction of a dedicated Artificial Intelligence (AI) makes positioning of large objects more precise than ever before.

By using google maps as the base of the game world, players have access to streets worldwide. The introduction of its own cryptocurrency WPT as well as a platform to trade properties, makes Worldopoly also a complex economic simulation. Finally, players can earn real money while playing.

Differentiation: The platform does little to differentiate itself from similar AR-focused blockchain games. Instead, the document contains a section which outlines the advantages of the platform in a somewhat vague manner. The main advantages of Worldopoly (as outlined in the whitepaper) are the engaging gameplay, utilization of AR, and the ability to introduce people to cryptocurrencies. These advantages are not unique to Worldopoly and apply to nearly all AR-focused blockchain games. Whether the game will have “engaging gameplay” is still unknown.

Readiness: A video demonstration of of the game (with very limited functionality) is available on the Worldopoly website. The Worldopoly GitHub page can be found which contains a single repository with only a README file (the entirety of the text is copied from the introductory paragraph of the whitepaper).

Concreteness of Development Plans: The whitepaper provides a funding-based development plan. The development plan lacks detail and does not provide quantitative information, other than the amount of funds for each funding level. For example, the first developmental stage is reached at 1000 ETH, where the “building of [the] Worldopoly economic system” and “finalization of game visual effects” will take place. The developmental roadmap contains milestones that are sufficiently detailed. Specific examples of feature implementations are discussed. For example, in September 2018, buildings (within the game) will have an effect on the value of other buildings in their area: “a brothel generates more money than a kiosk but, could increase the crime rate in the area, and as such, consequently depreciate the value of all the other buildings in the neighbourhood”. The majority of the milestones are focused on technical achievements/developments as opposed to business-related goals.

Current Position within Roadmap: The roadmap presented in the whitepaper spans from 2013 to 2020. There are approximately 15 milestones presented, with 4 milestones achieved at the time of writing this review. Notable milestones already achieved include the development of the game engine “from scratch” in 2014 and the composition of the financial model and the business plan in 2017. It is stated that by August 2018, the beta version of the mobile application will be released. Integration of AI for shape and building recognition will also be tested during this time. Based off of the lack of publicly available content on GitHub and the seemingly rudimentary video demonstration of the product, a beta release of the application in August 2018 is a fairly ambitious goal. The stable release of the mobile application is set for release in October/November 2018.

Feasiblity: Worldopoly aims to combine AR with blockchain and mobile gaming (as well as AI). The plan to have a stable release of the product available on the AppStore and PlayStore by October 2018 is fairly ambitious. Current developmental efforts are mostly unknown due to the lack of updates from the developers and the lack of publicly available content on GitHub.

Blockchain Innovation: The selection of blockchain solutions are included in the whitepaper but the level of detail provided is quite low. Two blockchain platforms are supported: Ethereum and ByteBall. It is stated that Ethereum was chosen due to “how it has improved since its inception”. On the other hand, ByteBall was also considered since “the commission for making a transaction is cheaper than Ethereum”. The justification for using either platform is not described with great detail. Tokens on one platform are redeemable on the other on a one-to-one basis.

Market

Target User Base: The target user base for Worldopoly are those that would be interested in mobile gaming. When compared to particular genres of gaming such as MMORRPG, Worldopoly states that RTS has “wider mainstream appeal”. In the section of the whitepaper that covers market research, it is stated mobile gaming has a marketshare of over 40% in the gaming industry.

Market Penetration Potential: Mobile gaming is a competitive sector. Penetration of this market requires acquiring users that are accustomed to playing fairly well established games that have had lots of time for development, polish, and refinement of gameplay. Worldopoly aims to develop an ecosystem, of which the gameplay has not yet been proven to be successful. Simply combining AR and blockchain with mobile gaming is not enough to succeed in this market and the video demonstration of the product does not indicate that the game has engaging gameplay.

Direct Competition: The whitepaper addresses other blockchain-based games: Lordmancer II, Privateers Life, and Prospectors. The whitepaper primarily uses direct competitors to assess the feasibility and demand for blockchain-based games rather than a thorough and specific comparison between Worldopoly and its competitors. For example, it is stated that the “success of CryptoKitties, while not relevant for the RTS genre, shows that people are willing to invest in games with build in cryptocurrencies” However, some general advantages of the platform are listed. To summarize, compared to most other blockchain-related gaming platform, Worldopoly plans to stay competitive by providing engaging gameplay, using relatively new (AR) technology, and creating an “easy entry point for people who want to understand Blockchain/DAG and cryptocurrencies in a risk free environment”.

Solution Advantage: Compared to other AR-focused blockchain mobile games, Worldopoly does not clearly communicate the selling proposition of the platform and what makes it competitive compared to similar projects.

Blockchain Disruption: The potential for disruption in the mobile gaming sector is questionable. The majority of popular games do not utilize AR, and fewer use cryptocurrency. The most disruptive aspect of the platform is the use of cryptocurrency, which of course would apply to any other blockchain-based game. Using innovative technology, especially in the mobile gaming sector does not necessarily indicate success. One of the most important factors is gameplay, which is not thoroughly described in the whitepaper.

Long-Term Vision: The organization aims to develop a game that incorporates two emerging technologies: blockchain and AR. The platform aims to create an ecosystem that will introduce users to cryptocurrency. The scope of the project is fairly limited.

Token Economics

Value Proposition of Token: WPT tokens are used as an in-game currency and are essential to the platform.

Token Economy: The total number of WPT tokens is 200 million. Details of the token economy are lacking. Fee structure is not specifically discussed. There is some discussion on new advertising channels made available with the use of AR.

System Decentralization (besides token): It is explicitly stated in the whitepaper that “the semi-decentralized solution will, in time, be replaced by a decentralized model as soon as a solution to the stated problems is found”. The platform plans to address scalability and transaction speed by using off-chain transactions. However, the details of this system is not adequately described in the document.

Fundraising Goals (Min/Max Raise Amounts): Soft cap: Unspecified
Hard cap: $10MM USD

It is stated that if the funding goals of the ICO are not reached, “the remaining WPT will be temporarily frozen” and that Worldopoly reserves the right to “use these tokens in the future strictly [only with purpose] to cover possible potential needs of the game (for example, to settle the price in case of increased demand).”

Use of Proceeds (Fund Allocation): The use of proceeds is presented in the whitepaper as follows:
* 30% IT Development
* 40% Marketing and Promotion
* 15% Acquisitions and Partnerships
* 10% Operating and administrative expenses
* 5% Legal expenses

There is no further information provided regarding the use of proceeds.

Token Allocation: The allocation of tokens is presented in the whitepaper as follows:
* 75% ICO
* 15% Founders and Team
* 5% Marketing & Bonuses
* 5% Reserved funding (trust)

Vesting periods are not clearly outlined and it is unknown whether unsold tokens will be burned.

Company and Team

Company Stage and Foundation: Worldopoly is based in Switzerland. It is stated in the roadmap that in 2016, the platform started to gain interest from early investors. However, specific fiscal values are not provided in the document. There are 13 individuals listed as core team members in the whitepaper and on the Worldopoly website (although it is stated Worldopoly is comprised of a “highly qualified team of 25 specialists”).

Team Assembly and Commitment: With the exception of the CTO, the rest of the C-level executives are concurrently involved with other organizations/projects. The extent of their involvement is unclear due to the lack of information provided in their LinkedIn profiles. The roles of each individual are clearly described with respect to Worldopoly, however. When assessing the rest of the core team, there are three individuals with a technical position on the team.

Background of Lead/Core Team Members: Team members include their LinkedIn profile, profile pictures, and short bio descriptions which can be found through the Worldopoly website. Some team members do not include Worldopoly on their profile (the Computer Vision/Deep Learning Engineer, for example). Neither the full-stack nor the front-end developers have information provided in their LinkedIn profiles that would indicate extensive experience with blockchain technology. The CTO has prior experience as a web and oracle developer.

Relevance of Team’s Previous Experience and Skill Set: Prior professional experience, particularly from individuals with a technical role are only somewhat correlated to the project. There is a lack of individuals on the team that would be considered experts in AI, AR, or blockchain.

Team Skill Set Balance (biz / tech / blockchain): It would be expected that the proportion of individuals with a technical role would be higher considering the technical focus of the developmental roadmap. At the current stage of team development, there is a lack of individuals with expertise that aligns with the project, particularly with blockchain development.

Strategic Partnerships: Neither strategic partnerships nor early adopters are specifically discussed in the whitepaper.

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Worldopoly Worldopoly is the world’s first mobile game to combine Augmented Reality, Geopositioning, Blockchain and Artificial intelligence within an engaging economic simulation and strategic multiplayer game. Worldopoly Worldopoly is the world’s first mobile game to combine Augmented Reality, Geopositioning, Blockchain and Artificial intelligence within an engaging economic simulation and strategic multiplayer game. Reviewed by haw on May 17, 2018 Rating: 5

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