Play to win crypto - War Field
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Play to win crypto
1
What’s The Deal?
It’s pretty evident: cryptocurrency and the blockchain technology on which it is
based are taking the world by storm...and governments don’t know what to do.
Ban it and annoy your population? Try to get it under some kind of control with
regulations? Or keep everyone in limbo with a “wait and see” approach and some
vague warnings?
Traditional banks have also been caught flat-footed. They are scrambling to keep
up and not lose customers to the more nimble fintech startups that are already
leveraging blockchain technology for consumer benefit.
Apart from the financial sector, when it comes to blockchain, here at WAR FIELD
we are looking for the next big thing. And we are pretty sure we have found it:
online games.
In-game currencies in the form of coins, credits, virtual notes, and tokens are noth-
ing new. But usually they only work one way: a player uses real money to buy in-
game tokens and spends them in the game on digital items such as power-ups,
additional lives, equipment or enhancements, to shorten wait times etc.
Before blockchain and cryptocurrency, there was no practicable way to let players
withdraw in-game tokens from a game and, say, transfer them to another player
or into another game. If you don’t want to play anymore, power-ups and tokens
bought with real money are essentially wasted. Even if a company has more than
one game in its portfolio, there is usually no way to use in-game currency bought
for one game in another.
All of that now changes.
2
Here at WAR FIELD, we are building a totally new kind of game economics: block-
chain driven. Our new economic platform will be a breakthrough for the gaming
industry around the globe.
●● First, we bring you WAR FIELD: a fully-functional alfa version, ac-
tion-packed “first-person shooter” game that requires no download-
ing or installation and uses real, tradeable ERC20 based cryptocur-
rency called GOLDER (GLDR) for in-game purchases and winnings.
This will be the first game to showcase the new platform.
●● Second, by leveraging revolutionary blockchain technology, we will
offer the possibility of withdrawing earned or saved GLDR and selling
them on exchanges or directly using the Ethereum network.
●● Third, we are building a GLDR-based economic platform so that
other games we offer in the future could use the same cryptocurren-
cy in their economics.
●● Fourth, we will offer our open platform and API to other game de-
velopers to join and offer players a whole new world of gaming oppor-
tunities.
3
The Game
A “first-person shooter” is a type of three-dimensional shooter game featuring a
first-person point of view. Each player sees the action through the eyes of his or
her player-character. This type of game is to be distinguished from “third-person
shooter” in which a player can see (usually from behind) the character he or she
is controlling. The primary design element is combat, mainly involving firearms.
First-person shooters have a long and glorious history in the gaming industry.
Starting from the legendary Wolfenstein, Doom, and Quake series, they have
evolved into mega-hits like Half-Life, Call of Duty, Counter-Strike, Battlefield, Halo,
and many others.
First-person shooters are purely games of skill. Their outcome depends on the
physical and mental skills of the player controlling his or her character, choosing
the right tactics and strategy, and interaction with other players in multiplayer
versions, and not on chance or randomness generated by a computer.
The WAR FIELD game is not a project or a concept. It’s already a fully-functional
alfa version online game with all the necessary features to provide quality game-
play. You can jump right into the action. No installation or configuration is re-
quired.
4
5
The Major Difference
Blockchain technology and a specialised gaming cryptocurrency bring our
first-person shooter game to a whole new level. WAR FIELD uses the cutting-edge
Unity gaming engine, enabling cross-platform gaming with no hassle. Ethere-
um blockchain-powered in-game economics give players not only the thrill of
action-packed first-person shooter combat, but the added excitement of real
stakes represented by an ERC20 tradeable cryptocurrency they can win for skil-
ful play. Each player is required to stake a certain amount of GLDR on his or her
“life”. Whoever “kills” or “injures” him or her in the game can win that GLDR, ac-
cording to the rules of the game.
Unlike the so-called “freemium” business model, which allows players to play
only a slow or limited version of a game for free, while a full version can be un-
locked only as a result of in-game purchases, WAR FIELD offers a fully-functional,
full-featured alfa version to all players, as well as free tokens during the TSE for
every new player to try the game.
Blockchain technology guarantees a transparent and finite supply of GLDR to-
kens. Only a maximum of 2,574 billion GLDR will be created, 70 percent of which
will be available for purchase by the public at heavily discounted rates (up to
60% off) during the WAR FIELD Token Sale Event (TSE).
The purpose of the TSE is to raise funds for further development and marketing of
the WAR FIELD game and the GLDR platform as well as new games that will later
be added to the platform. During the TSE, GLDR can only be used in-game. But
once the TSE has ended, GLDR will be unlocked and tradeable directly between
players or on token exchanges. Unsold GLDR will also be available on the WAR
FIELD Marketplace at an exchange rate of no less than USD 0.01:1 GLDR.
6
Market Size and Growth
Shooter games (which include first-person shooters, or “FPS”) command the larg-
est market share in the video games industry. In 2016 in the United States alone,
shooters constituted 27.5% of all video games sold.
2017 global games market
per device & segment with year-on-year growth rates
mobile pc
$50.4Bn $32.3Bn
+23.3% yoy +1.4% yoy
4%
10% 28%
tablet games browser pc games
2017 total
23%
$11.4Bn
+13.4% yoy
43% $116.0Bn $5.2Bn
-9.4% yoy
+10.7% yoy
34%
(smart) phones games Boxed / downloaded
29% pc games
$39.1Bn
+26.6% yoy $27.1Bn
29% +3.8% yoy
Console
$27.1Bn
+3.8% yoy
7
In 2017, the video game market surpassed the US $116 billion mark. More than 2.2
billion gamers play video games worldwide. And the market continues to grow by
10–12% per year.
Twenty-eight percent (28%) of all video games are played on desktop platforms,
which comprise a $32.3 billion market share. And the browser PC gaming seg-
ment is the fastest-growing (9.4% in 2017).
Conservative estimates of overall annual market growth are 8.2% and are estimat-
ed to reach $143.5 billion by 2020.
We strongly believe that the introduction of a gaming cryptocurrency will acceler-
ate this market and push it to new heights, as it will increase the turnover of funds:
game licences and in-game purchases will be complemented by funds moving
between players themselves.
2016-2020 global games market
forecast per segment toward 2020
+8.2%
total market cagr 2016-2020
$143.5Bn
$134.5Bn
$125.4Bn
21%
$116.0Bn
22% 3%
$104.0Bn
22% 3%
23% 4% 26%
25% 26%
3%
5% 27%
10% mobile
29%
10% $72.3
31% 10% mobile
mobile
bn
$65.2
10% mobile $57.9 bn
bn
10% mobile $50.4 41%
bn 39%
$40.9 36%
bn 34%
29%
2016 2017 2018 2019 2020
8
The Business Model
The WAR FIELD business model is built like no other gaming business model. It
combines the best of classical game economics with the advantages of the new
world of cryptocurrency.
The WAR FIELD game is built around the GLDR, which is the basic element of
WAR FIELD economics. GLDR is both an ERC20-compatible cryptographic token
that runs on the Ethereum blockchain and an in-game digital currency that can
be used to purchase digital goods for use within the game.
The GLDR token is a payment (utility) token that has no speculative value and
cannot be classified as a security as it will not generate passive income for the
bearer.
9
However, due to the transparent and open nature of the Ethereum blockchain,
it will be tradeable without any control on the game developers’ side. There-
fore, once unlocked, GLDR tokens can be exchanged freely among holders of
ERC20-compliant wallets around the globe.
The WAR FIELD game does not require any user authentication other than a cho-
sen username and password, both to ensure player anonymity and to comply with
personal data protection rules in various jurisdictions. Popular social networking
profiles can be used to login, as well. “Know Your Customer” procedures will be
obligatory for large purchases and withdrawals.
In the game environment, GLDR can be used for the following:
●● To purchase in-game digital goods like ammunition, weapons,
armor, and other items
●● To purchase styling or enhancement items for one's character
●● As a participation/entry fee for special in-game events including
tournaments and other competitions
GLDR are transferred between players of the game in accordance with the rules
of gameplay for certain achievements (please refer to the game rules).
Players can keep their GLDR tokens either in the account of the game, or, once the
TSE has ended, withdraw them to their own Ether wallet for storage or exchange.
10FINITE TOKEN Supply
The supply of GLDR will be limited and finite in order to protect their value. GLDR
will be the only means of payment within the game. After the TSE, a portion of
GLDR earned by WAR FIELD for in-game purchases may be returned to the WAR
FIELD Marketplace for sale to players at a rate no less than USD 0.01:1 GLDR.
Since GLDR are divisible, the minimum stake required to start can be adjusted so
new players can join and enjoy the action, possible GLDR appreciation notwith-
standing.
Game development and server infrastructure, marketing, management, and oth-
er expenses shall be covered using proceeds from the sale of GLDR as well as in-
game sales.
11Fully-FUNCTIONAL GAME
A fully-functional alfa version of the WAR FIELD game was created in 2017–2018
by a team of experienced developers, designers, and game engineers. Its devel-
opment was funded by the company’s own capital and the investments of a few
angel investors. The game can be found and played at:
www.WARFIELD.com
The WAR FIELD game is available to try for free. No installation is required. It is
a great way to explore the vibrant gameplay environment and to find out how
engaging gameplay for crypto can be. During the TSE, every new player gets 100
GLDR free to try the game.
WAR FIELD’s core was developed using the versatile Unity Game Engine, which
makes it ideal for multi-platform use. This stable and scalable server platform en-
sures the necessary server capacity to meet the needs of a global community of
players.
Currently, the game is available as a browser version only. No installation is need-
ed and everything works in the Chrome browser.
The minimum requirements are as follow:
●● Intel i3 processor or higher
●● 4 GB of RAM
●● 250 MB of free disk space
●● 512 MB video card
●● Chrome browser updated to newest version
During later stages of development, more platforms will be added, with iOS and
Android coming first, then gaming consoles (for details, please see the Roadmap).
12’
13Gameplay and In-Game Economics
The WAR FIELD game will eventually consist of a number of different battle en-
vironments – so-called “Battlegrounds”. New Battlegrounds will be developed
during the course of the TSE and beyond (see the Roadmap for details).
Players can play deathmatch games in various configurations:
●● BOCO (Bellum omnium contra omnes), i.e., war of “all against all”
●● Team vs. team (to be developed)
●● Various competitions and tournaments to be developed
Players can start playing with as little as 1 GLDR. Every player is provided with a set of free
weapons and ammunition at the start of each game. (S)he can upgrade and resupply for
GLDR at the WAR FIELD Marketplace. Useful items for sale will include protective armour,
medical kits, apparel, and advanced weaponry. You do not lose any items you have bought
if you “die” in the game. They are yours for as long as your account is active.
Every player is required to choose an amount of GLDR tokens to stake on his or her life. This
amount represents an initial “Life Cost”. When “injured” in gameplay, a player loses (surren-
ders) a certain amount of the GLDR (s)he has staked. A player gains GLDR from another
player by “injuring” or “killing” that player. Every “hit” from a bullet or other weapon causes
“injury” to a player's character and a certain amount of GLDR is transferred to the player
who has caused the “injury”. If the balance of GLDR a player has staked as his or her or “Life
Cost” reaches zero, the player’s character “dies”. In the event of “death”, gear that a player
has purchased is not forfeited. It remains with the player and can be used for new “Lives”.
The amount of GLDR a player may lose as a result of each “injury” or “death” depends on
a number of factors including type of weapon used, distance of the shot, body part which
has suffered the “injury”, etc. Additional armour and other protective gear (available for
purchase in-game) can reduce the amount of “injury” an attack causes. At the same time,
the use of special ammunition, aiming devices, and explosives may increase the damage
caused by a weapon. For example, a limb hit by a bullet from a pistol will cause damage
equal to 10 percent of one's Life Cost. A headshot with a sniper rifle from a medium dis-
tance will cause damage equal to 80 percent of one’s Life Cost.
14Transparent Accounting
Once in the private wallets of players (feature available after the TSE has ended),
GLDR can be handled like any ERC20 tokens. Once transferred to the game, GLDR
are managed by the Golder Platform which makes in-game transactions instant
and cheap. This ensures the transparency, accuracy, and speed of the in-game
economy.
All in-game transactions will be handled by a tamper-proof internal database that
will ensure security, transparency, and data integrity. Transactions shall be record-
ed on the game’s internal blockchain, which does not require mining and, conse-
quently, is much faster and offers transaction costs close to zero.
Once the TSE has ended, players will be able to withdraw up to their full balance of
GLDR to their personal ether wallets at any time. The minimum amount of GLDR
available for withdrawal will be 1,000. Withdrawal will be subject to an administra-
tive fee of 2 percent of the withdrawn amount.
15The Road to Victory
The WAR FIELD game is designed so that everyone can enjoy quality gameplay.
At the start, players are offered a training course on a training field where they can
get accustomed to the controls, environment, and in-game physics. Then, a new
player is advised to choose “Rookie” levels where stakes are low and opponents are
not too strong. These levels will offer light weapons and lots of space with plenty of
places to hide. We wouldn’t want pros to kill new players during their first match.
To avoid one player’s excess advantage over others, players are assigned to Battle-
grounds according to their level of skill, weapons, and other hardware. This allows
for a balance between players and prevents experienced players from dispropor-
tionately dominating new ones.
The most experienced and advanced players will be invited to special events with
high stakes and special prizes.
16GLDR: Gaming’s Future Gold Standard
Not only will WAR FIELD be the world's first first-person shooter game to use real
cryptocurrency to fuel its economy, the ERC20-compliant GLDR is designed to be
a gaming cryptocurrency that can be used to power the internal economies of
other games.
Our plans include the development of a proprietary API that could be offered to
other game developers along with the possibility of using GLDR as their in-game
currency.
THE ROADMAP
1 3
2
4
q1 2018 q2 2018
Q1 2018
Corporate GLDR
Game
Structure Launch q2 2018
Launch
Pre-Sale
6
8 7 5
q3 2018
q4 2018 q2-q3 2018
q4 2018 New
GLDR on Token Sale
More Battlegrounds
Exchanges Event
Battlegrounds
9
10
New gldr
games
Gldr
platform
1718
Token Sale Event Details
GOLDER (GLDR) will be offered to the public during the Token Sale Event (TSE).
During the TSE (also known as “Initial Coin Offering” or “ICO”), GLDR will be offered
at significantly discounted rates (of up to 60% off their regular price of USD 0.01:1
GLDR) and will be immediately available for use in the game. Withdrawal of GLDR
to external wallets will be restricted until the end of the TSE.
The overall supply of GLDR will depend on the amount of GLDR sold during the
TSE, which will constitute 70% of the total supply. That is, for every 7 GLDR sold,
we will generate 3 additional GLDR for bounty, referral, advisors, and founders
(details below). In any event, the maximum suplly will be 2,571,428,571 GLDR
(a maximum of 1.8 billion of which shall be available to the public for purchase
during the TSE).
maximum supply of GLDR 2,571 BILLION
BASE TOKEN PRICE 1 GLDR = USD 0.01
SOFT CAP EQUIVALENT TO USD 3 MILLION
HARD CAP EQUIVALENT TO USD 12 MILLION
19The minimum amount to be raised (i.e., the “Soft Cap” of the TSE) is equivalent
to USD 3 million. This is the minimum required to continue development of the
WAR FIELD game and the Golder Platform.
The maximum amount of funds to be raised (i.e., the “Hard Cap” of the TSE) is
equivalent to USD 12 million. This will suffice to achieve all of the major goals of
the project and reach the critical mass of players required to achieve the so-
called “Snowball Effect”.
The TSE will start June 28 and continue for four and half months or until the
Hard Cap is reached, whichever comes first.
The Token Sale Event will take place on the WAR FIELD wallet website at:
https://play.WARFIELD.com
The following currencies will be accepted:
●● US Dollars
●● Euros
●● British Pounds
●● Bitcoin
●● Ether
●● Litecoin
The amount of GLDR allocated to each player for purchases in currencies other than
the US Dollar will be calculated based on US Dollar exchange rates at the moment of
purchase as published on https://www.forexlive.com/LiveQuotes. Payments can be
made via bank transfer or debit/credit card. Cryptocurrencies can be transferred by fol-
lowing the instructions that will be provided onscreen. Cryptocurrency exchange rates
used shall be those published on www.bitstamp.com at the moment of purchase.
20The Pre-Sale and TSE is divided into the rounds described below, with the follow-
ing discounts on GLDR purchases:
duration
Round date discount rate token price Max tokens
(days)
Pre-TSE 1 7 JUN 28--jun
Jun 14 JUL21
5 60% discount $0.0040 150,000,000
Pre-TSE 2 7 JUL 21-
jun 5 - jun
JUL 12
28 55% discount $0.0045 150,000,000
Pre-TSE 3 7 JUL
jun 12
28--JUL
jul19
6 50% discount $0.0050 150,000,000
Pre-TSE 4 7 JUL
jul 19
6 --jul13
JUL 26 45% discount $0.0055 150,000,000
tse 1 14 JUL 26--jul
jul 13 AUG279 40% discount $0.0060 150,000,000
tse 2 14 AUG 9 --AUG
jul 27 aug23
10 35% discount $0.0065 150,000,000
tse 3 14 aug 10
AUG 23--aug
SEP24
6 30% discount $0.0070 150,000,000
tse 4 14 SEP
aug 6
24- SEP
- sep20
7 25% discount $0.0075 150,000,000
tse 5 14 SEP
sep 720 - OCT
- sep 21 4 20% discount $0.0080 150,000,000
tse 6 14 OCT
sep 04
21 --oct
OCT418 15% discount $0.0085 150,000,000
tse 7 14 OCT418- oct
oct - nov
181 10% discount $0.0090 150,000,000
tse 8 14 nov1
oct 18--NOV
nov15
1 5% discount $0.0095 150,000,000
total 1.800.000.000
* Additional bonuses and incentives, such as discounts on large quantities, affiliate or partner discounts,
airdrops, and other promotions may be offered.
** If the Maximum Token Amount for any given round is sold before the end of that round, the next round
opens automatically.
21Every WAR FIELD player will have access to an Account Page, where the amount
of GLDR owned and kept by the player in the game will be displayed. GLDR can be
spent in the WAR FIELD Marketplace for in-game digital goods or staked as “Life
Cost” on a Battleground.
Players will be advised to provide their ether wallet number. It will be used to
transfer GLDR to the wallet after the TSE has ended, if so desired.
Anyone who has GLDR can transfer them to any ERC20-compliant wallet and
dispose of them as they see fit once the TSE has ended and they have been un-
locked. As ERC20 tokens, GLDR are fully tradeable and, once unlocked at the end
of the TSE, can be sold on exchanges as well as peer-to-peer. GLDR may be avail-
able from WAR FIELD in the WAR FIELD Marketplace, but only from the existing
supply and at a price that is not lower than USD 0.01 per 1 GLDR.
TSE Smart Contract
Smart contracts are key to next-generation blockchain platforms. The main goal
of a smart contract is to enable two parties to agree on and execute internet trans-
actions without the need for an intermediary or independent verification. Smart
contracts guarantee token holder anonymity and safety, as well.
The WAR FIELD TSE will feature a smart contract that allows participants to ac-
quire GLDR simply by sending ether to the specified address. GLDR will appear in
the player’s ether wallet almost instantly. They will be locked until the end of the
TSE, after which they will be fully tradeable. Until then, players can only use them
in-game.
22GLDR Allocation
For every seven GLDR sold, one GLDR will be created for founders, one more for
our advisors, and one for referrals and bounty programs. Unsold tokens will be
burned after the end or the Token Sale Event.
70% 5 5 10% 10%
Token Holders REFERRAL
BOUNTY ADVISORS FOUNDERs
Use of TSE Proceeds
Funds raised during the TSE will be used as follows:
●● Up to 60% for marketing expenses
●● Up to 30% for game design and platform development
●● Up to 10% for legal and administrative expenses
60% 30% 10%
MARKETING DEVELOPMENT ADMIN & Legal
23Marketing Expenses
Building a gaming community requires extensive marketing to reach
gamers all around the world. We will be using professionally-crafted
and precision-targeted ads on social media and other channels to
achieve maximum efficiency.
A community-driven approach to marketing will be key to our suc-
cess. That’s why we will be organising events and online tournaments
to increase awareness about the game, as well as a bounty and refer-
ral program that offers free GLDR to participants.
Ongoing marketing is key to creating and maintaining stable player
base growth. This will ensure the value of the GLDR.
Game Design and
Platform Development
Our team of creative designers, developers, and blockchain experts
will be constantly working on the algorithms of the game to improve
the gameplay experience. New Battlegrounds as well as weapons, ar-
mour, gear, and avatar styling will be added on an ongoing basis.
Join The WAR FIELD Token
Sale Event!
24THE TEAM
Andrius Mironovskis
Founder and Team Leader
Andrius has 10+ years of experience in project management, UI/UX design, and
software development. A serial entrepreneur and startuper, he is also founder
and CEO of CFlow – a cloud-based accounting application – and co-founder at
Miner One.
Donatas Kanapickas
Chief Developer
Donatas has 7+ years of experience in web, software, and game development. He
has long been passionate about the newest rendering technologies and graph-
ics programming. Donatas has worked on many 3D projects ranging from vir-
tual reality applications to webGL product visualisations. In recent years he has
primarily been focused on graphics programming, the newest game technolo-
gies, and general game development.
Rimas Puriuskis
Operations and Co-Founder
With 5+ years of experience in sales, negotiation, and customer satisfaction
–most recently as digital marketing and community manager at Miner One –
Rimas is responsible for project management, marketing, and sales.
25Alkas Aleksandravicius
Lead User Interface Designer
Alkas has 4+ years of experience in UI/UX design. He is our main graphic design-
er and illustrator, and has a strong background in web project development
while illustrating design ideas using storyboards, process flows, and sitemaps.
Alkas is currently upgrading his skills studying graphic design at Lithuania's
Academy of Art.
Erikas Perl
Lead 3D Design Artist
Erikas is an expert artist with more than 10 years of experience. He is also the
CEO and the creative director of the digital art studio GOODNAME. Experienced
both in game and movie visuals, he provides insightful guidance to projects
requiring a unique artistic touch. He has been featured on the renowned artists’
platform IAMAG and on the game news site KOTAKU.
Jurijus Chitrovas
3D Design Artist
Jurijus’ experience is in visuals for games, movies, and commercials. He specialis-
es in character and environment art, and is an enthusiastic innovator.
Julius Serenas
Server Guru & Wizard
A RedHat-certified UNIX engineer and DevOps specialist, Julius specialises in
multiple UNIX and Linux operating systems, Docker containers, and application
clustering software. He is an experienced front-end Angular.io developer and
loves building applications to scale.
26Dzianis Kuchynski
CCO
Dzianis has 5+ years of experience in project management with strong commu-
nications and strategic skills based on his experience as president of European
Humanities University Students’ Union, ex officio member of the University’s
Board of Governors, and head of community support at Miner One. Dzianis fo-
cuses on establishing effective internal and external communication with key
audiences.
Darius Udrys
Brand & Business Development Advisor
Darius is a communications and development consultant with two decades of
international experience in Europe and the United States. Darius helps compa-
nies and organisations raise funds and develop and communicate their brand,
mission, and message. He is strategy director and founding partner at Neue Uni-
ca branding agency.
27LEGAL
No Gambling
WAR FIELD is a game of skill with no element of chance. The only part that in-
volves some randomness is the location of the spawning of the player when en-
tering a game or respawning after death. This is necessary to ensure that no one
gets killed instantly after spawning by an awaiting competitor.
The outcome of the game is determined solely by the skill of the player, including
the physical ability to control the character and the mental ability to choose effec-
tive game tactics and strategy.
Therefore, WAR FIELD cannot be classified as a game of chance and no licensing
or registration of players is required in any jurisdiction, unless stated otherwise in
the laws of the respective country. No such country or territory is known to the
authors of the game at the time of publication of this White Paper.
Taxation on Withdrawal
As the game economy is based on an internal GLDR token which has no other
monetary value outside the game, no taxes are applicable to holders of GLDR to-
kens.
However, if a holder of a GLDR token chooses to sell his or her tokens for fiat or
digital currency, he/she may be subjected to taxation, depending on jurisdiction
of residence. WAR FIELD creators bear no responsibility for any taxation issues
arising from surrendering of GLDR tokens on a secondary market.
28Anti-Fraud & Anti-Money Laundering
Policies
The game design uses proprietary algorithms to put players onto Battlegrounds
in such a way that the true identity of players against whom one is playing are not
revealed. This is required to prevent staged games.
Every game is recorded and monitored. Our system automatically flags unau-
thorised alterations and actions for review. We will also review any complaints
we receive. If we determine that cheating has occurred, the responsible player or
players will lose their GLDR and be banned. Any winnings received on that basis
will be refunded from the responsible player or players’ account.
Following internationally-recognised anti-money-laundering and fraud preven-
tion policies, players wanting to purchase amounts of GLDR tokens in excess of
500,000 (equivalent to USD 5,000) shall be required to pass a KYC (“know-your-cus-
tomer”) procedure.
Following both European and the international regulations, all wire transfers of
fiat currency exceeding EUR 15,000 may be subject to reporting to authorities
responsible for the supervision of anti-money-laundering regulations. These rules
may vary depending on the geography of the player.
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