Parsec Frontiers [Update]

In this update i will stray from my usual ways and write in English for the broader audience.
It has been about four months since i first mentioned Parsec Frontiers in this blog post: Link  (It’s in Norwegian but google translate should make most of the material readable in your preferred language)

Since then the official crowd sale has started and the first types of ships are up for auction.
Let’s talk about the crowd sale first.

 

Crowd sale

The crowd sale started 1 May and will run until the hard cap hits or 30 June.

Soft cap is 2,500 ethereum and there is currently a 30% bonus for backers.

Not much have changed since the original post except for the date of the crowd sale.

 

Ship auction

 


The Ark’s are the first ships which are up for auction, the first auction which was Ark #1 sold for 22,000,000 PRSC.

The value of that calculated with the current 30% bonus is:

1 ETH = 1,390,000 PRSC

22,000,000 PRSC /1,390,000 PRSC= 15.827 ETH

At the moment 1 ETH = 695$

15.827 ETH * 695$ = 10999,75$

TX of winning bid: https://etherscan.io/tx/0x0ef42ae58ffac088771751be8c9e253bb7448d0c49e3465914578229d2bdafc2

Ark #1 was sold using a traditional auctioning method.
The auction was set for 24 hours and every bid that came after the 12 hour mark increased the timer with 1 hour.

The rest of the Ark’s are as said still up for auction and we are currently at Ark #10.
These Ark’s are being sold using a so called “Dutch Auction”.

From Wikipedia:

“A Dutch auction is one of several similar kinds of auctions. Most commonly, it means an auction in which the auctioneer begins with a high asking price, and lowers it until some participant accepts the price, or it reaches a predetermined reserve price. This has also been called a clock auction or open-outcry descending-price auction. This type of auction is good for auctioning goods quickly, since a sale never requires more than one bid. Strategically, it’s similar to a first-price sealed-bid auction.”

I was lucky enough to get one for myself fairly quickly at what i consider a fair price.

There will only be 100 Ark’s in existence, after those are auctioned off the Nakamoto and Hawking are up for sale.

The Hawking

 

The Nakamoto

 

Other updates

Visualizing smart contracts by Andrey Tsirulev

A well written blog update which takes you through the structure and tries so explain in simple terms how these smart contracts work.

There is also a video available which shows how it works

 

 

Parsec frontiers referral program blog post

Refer a friend or colleague and you both get bonuses by simply using a referral link available in your account.

As a referer you will get a 3% payout of Parsec Credits when someone uses that link to deposit ETH and participate in the crowd sale.

The person you refer will get an extra 2% Parsec Credits when using your link.

If you would like to support me feel free to use my link: My referral link 

 

Crafting and colonization update

Everything is subject to change but so far it looks really neat, looking forward to the coming updates brought by the developers.

 

Official website: https://parsecfrontiers.com/

Marketplace: https://market.parsecfrontiers.com/

Discord channel: https://discordapp.com/invite/wpWQgUP

Telegram channel: https://t.me/ParsecFrontiers

White paper: https://wp.parsecfrontiers.com/whitepaper.pdf?_ga=2.91257434.1197431586.1526590009-1230672859.1526589375

One pager: https://wp.parsecfrontiers.com/OnePager.pdf?_ga=2.91257434.1197431586.1526590009-1230672859.1526589375

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