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Parsec Frontiers ICO HAS STARTED

Next generation blockchain gaming

Parsec Frontiers is a deep and feature-rich space MMO experience built from the ground up with blockchain in mind, where players are free to explore and conquer the whole galaxy. Built with the players - owned by the players, changing the way computer games are funded and developed.


From Crypto Newbie to Ship Captain in Parsec Frontiers

The ICO (Initial Coin Offering) begins May 15th at 14:00 UTC. This is the time where anyone* can buy Parsec Credits (PRSC), the cryptocurrency that will be used in the upcoming game Parsec Frontiers. The price is fixed but the early your participate in the ICO the more bonus tokens you will receive.


When the ICO is completed all the unsold Parsec Credits will be “burned”, which means they are removed from circulation forever.




THE ICO IS LIVE!

Get your Parsec Credits at





Calculating exchange rate and prospective ROI

The quantity theory equation of money reads M x V = P x T. The real money supply multiplied by its velocity equals the price level multiplied by the transaction volume.

  • T equals the US dollar value of transactions that can be carried out in Parsec Credits. We take the number of Monthly Active Users of the three scenarios and multiply it with likely monthly transaction volume per player (USD 1000).

  • P is the value of a US dollar measured in Parsec Credits (1/the dollar value of 1 Parsec Credit). This is what we will solve for.

  • M is the Parsec Credits money supply, which will be 30,856,775,800 PRSC minus unsold tokens to be burned. Here, we will assume no tokens are burned, to err on the conservative side.

  • V is the velocity of base money, where we will use 0,8x on a monthly basis.

Anyone considering acquiring PRSC tokens should examine the probability that the actual long term value of T is zero. However — these calculations also show that the Parsec Frontiers ICO pricing does not seem unreasonable, and leaves room for great upside in an appreciation of value if the virtual world is to become as successful as some of the other titles in the same genre.


If you would like to explore these calculations in greater detail, visit this Google Spreadsheet which is write-protected but can be copied by selecting File -> Copy. Play around by changing Velocity of Money, Avg monthly transaction size, number of Monthly Active Users, the ETH/USD exchange rate and number of unsold tokens that are burned. You will immediately see the impact, and gain/loss vs ICO price.



SHIPSALE

The ship sale will be live on








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