Shroud of the Avatar’s Richard Garriott backs Neverdie’s ‘etherium blockchain gaming’ venture

I often joke with our readers that Massively OP is not an MMO uptime monitor, but darn if we don’t feel like a Richard Garriott uptime monitor lately — love him or hate him, the man is on one hell of a PR tour for his book and Portalarium’s crowdfunding. So what’s one of the founding fathers of the MMORPG genre and the current boss at Shroud of the Avatar doing today? Boosting Neverdie Studios.

So let’s back up. Remember back in 2005 when when a Project Entropia player bought an asteroid in the game for $100,000 and then flipped it a few years later for more than six times that, ultimately setting a Guinness record and claiming to be the “first gamer to make a million dollars inside a virtual world”? That player was Jon “Neverdie” Jacobs, and Neverdie Studios is his real-world secure bitcoin-like-trading venture promoting “Etherium Blockchain Gaming,” which amounts to peer-to-peer online money trading and is of particular to interest to online gaming studios. The company has apparently already raised $2 million in a pre-sale and has now launched an “initial coin offering” (ICO) whereby people can invest in the tech.

Jacobs wastes no time getting into character in today’s press release touting the alliance. “This is a historic accord between two iconic avatars aligning to champion avatar rights,” he writes. “With the wise council of Richard ‘Lord British’ Garriott, a legendary avatar, adventurer and world builder providing priceless insight into the development of the gamified virtual reality infrastructure to unite MMORPGS and virtual worlds, I’m confident that our noble ambitions will remain virtuous and have the greatest chance to succeed. Richard’s council on the structure and balance of universal gaming tokens will be invaluable.”

In endorsing Neverdie, Garriott himself argues that Portalarium supports the idea that “people living in and contributing to our virtual worlds can and should earn real world value for the time and value they bring to our world” and says he’s exploring how to make that work in Shroud of the Avatar — a first, he believes, for the genre.

Source: Press release, Neverdie
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37 Comments on "Shroud of the Avatar’s Richard Garriott backs Neverdie’s ‘etherium blockchain gaming’ venture"

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Daniel Reasor
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Melissa McDonald

A buddy of mine lucked upon an entire storage shed full of Intel rack servers in one of those auctions for abandoned storage bays. He and a partner set up a data center specifically for mining Bitcoin. They had approximately two dozen servers and ran a special version of Linux designed for Bitcoin mining.

They were barely able to make a dime. Individual PCs are completely inadequate for the task.

Reader

I’m not sure what your friend was mining, but Ethereum is mined almost exclusively on GPUs. CPUs are only useful for certain currencies and typically only useful early in the currencies life. After that its either GPUs or ASIC rigs. Though some coins are now hardened against ASIC mining.

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Patreon Donor
Schlag Sweetleaf

.

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Reader
MesaSage

I guess they’ll have a niche, but I don’t expect the average MMO’er to be able to sort this stuff out.

Reader
Kickstarter Donor
squidgod2000

So they want to add cryptocurrency miners to their game clients and use players’ graphics cards and electricity to enrich themselves?
Is this why SoTA runs like shit?

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Melissa McDonald

+10

deekay_plus
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deekay_plus

that’s a good point. and i don’t think this is the first time a piece of software if not a game has done this.

Reader
Melissa McDonald

at the very least it’s added us to a Torrent

Reader
A Dad Supreme

“…and then flipped it a few years later for more than six times that,…”
=====
Trivia.

Check the author of that article. I was surprised.

Reader
Patreon Donor
Veldan

Checked, was not surprised. Why were you?

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Dagget Burmese

Some years ago, we used to mine bitcoin for Wurm Online in exchange for ingame currence to use to pay the rent on property.

The advantage of Etherium is it is designed to work well with video cards but hard to duplicate with a custom ASIC, which is what happened to bitcoin. Downside of that now is the borked GPU market as Etherium speculators buy up every video card they can to process Etherium.

deekay_plus
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deekay_plus

should thank etherium for keeping AMD’s GPU division in business. tho from what i understand operational costs (ie electricityf or the computers, cooling) make etherium mining yet to turn a profit, and is so far less grwoth friendly than bitcoin historically is, which bitcoin generally is pretty poor stability for currency speculation.

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Koshelkin

As I understand it all of this is incredibly convenient to launder money.

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Kickstarter Donor
Xijit

And zero tax international currency trading.

Reader
Melissa McDonald

the American Internal Revenue Service has declared Bitcoin to be Property, not Currency, btw.

Reader
A Dad Supreme

There is a lot of Chinese and Russian money tied up into bitcoin.

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Korbenik

only really bad criminals care about cryptocurrentcys

Minimalistway
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Minimalistway

Oh .. i didn’t know i’m a bad criminal! i care about these cryptocurrency for years now.

camren_rooke
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camren_rooke

Honestly there should be an idle/clicker game for mining bitcoin.

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Melissa McDonald

Etherium is not Bitcoin, but that might have been stated here and I missed it.

deekay_plus
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deekay_plus

speaking of entropia, there’s a guy we aren’t sure isn’t abot who keeps coming into the SC and ED channels on qnet asking about “does this game have real money economy yet?” ad nauseum.

idk how people get through entropia’s bad controls and clusterfuck ui mess to actually farm it all day every day to make money off it but i guess enough people do to keep things going and occasionally make the news. tho the game is pretty enough i suppose.

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Kickstarter Donor
Xijit

As someone has already mentioned, and second life was another vector for it: all you have to claim on your tax receipts is “virtual goods & services” for where that extra $75,000 came from.

Reader
Melissa McDonald

Entropia is a joke. There’s practically nothing there. Far cry from what Second Life has to offer.

deekay_plus
Reader
deekay_plus

i didn’t get too far past the bad controls and terrible ui so i have no idea. XD

Karma_Mule
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Loyal Patron
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Karma_Mule

It’s hard to put the finger on the source of my reaction, but the couple of times I’ve dipped my toes into Entropia it’s just felt …….creepy……. and I don’t stay past an hour or two.

camren_rooke
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camren_rooke

Ya know…ten years ago, I thought I’d buy a hundred dollars worth of bitcoins but then I got distracted and honestly didn’t then and still really don’t understand cryptocurrencies.

Imagine my suprise when I saw at least one report that said if I had that hundred dollars would be worth millions now.

Might have to get me some Ethereum.

deekay_plus
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deekay_plus

me and sundial mined some dogcoin for a couple weeks. i bought a image of my user name of the time written in hindi for 100 dogecoin. i have no idea where my wallet is but last time i checked i had like less than a pennie’s worth of it after those few weeks XD

camren_rooke
Reader
camren_rooke

Ah well…. back to earning money the hard way.

Online virtual escort.

deekay_plus
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deekay_plus

lmao. back in 08 or 09 there that was an actual thing tied to gaming.

like… paying an hourly rate for a girl to hang out and game with you online in voice and web cam type deal.

i don’t think it went very far, but as a buddy pointed out (idk how he came across this) apparently alot of porn cam girls move on to twitch to professional streaming as opposed to doing the porn thing.

which if you look around some of the more popular/well known ladies on twitch and their shows that kind of makes sense?

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Kickstarter Donor
Eboni

I’m not gonna lie. If I were 10 years younger and a little prettier, I would totally do some pro streaming/youtubing, as well as cosplaying. Even if I just make enough to support my gaming habit, I would have been happy.

camren_rooke
Reader
camren_rooke

Do not sell yourself short, I think you would be surprised.

Reader
Melissa McDonald

don’t let anyone tell you that you’re too old or not pretty enough. Personality can gather a following!

I will now go back to eating my salad, doing my 100 crunches, and bathing in virgin’s blood to hold back the hands of Father Time. (laughing) :)

deekay_plus
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deekay_plus

i assault my viewers with a webcam feed of this embedded, ofc that being said my only viewers are friends and guildies of mine XD

ofc getting famous enough to make money as a streamer means being obnoxious as possible so not sure i personally want to do that.

in fact something my friends that watch always say is “i like that you don’t yell and scream alot like typical twitch streamers” XD

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Melissa McDonald

Naw you just need a cute nickname. DeeKayPie? :)

deekay_plus
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deekay_plus

lol i still use my old dirtyklingon name on twitch cuz they won’t let you change without making a new account >>

wpDiscuz