FREQUENTLY ASKED QUESTIONS
HyperETH is a decentralized ethereum blockchain driven gaming
ecosystem comprised of both smart contract games and web games.
The platform includes an internal smart contract exchange which
allows users to exchange ethereum for HYPER tokens. These tokens
will be needed to play our available games. The platform also
offers incentives to users that choose to participate in our
Hypernode rewards system.
What kind of incentives? And what is a Hypernode?
The platform offers its users incentives (as long as there are incentive rewards available) for holding tokens and being part of the HyperETH ecosystem. For
users to be able to take part in the reward system a minumum of 100 HYPER tokens must be held in your HyperEX wallet at all times. 100 Tokens will give you
HYPERNODE status and enable your shareable Hypernode Link which provides you 10% of the overall 10% fee when users purchase HYPER tokens
using your link
|What games are offered on the platform?
The platform will offer both smart contract games and web based
games. These will be expanded upon as the platform grows.
Dependant on the community interest, this will drive the future
development of our gaming ecosystem. HyperETH has taken an
innvoative step on top of the basic smart contract gaming
approaches in offering customized player vs player wagering
enabled web games.
kind of fees are associated with the platform?
Here is a breakdown of the HyperETH fee structure. The team
itself is allocated a very small amount of the overall fees.
Unlike other platforms our fees are set up to help feed and
sustain our platforms ecosystem. Every fee associated has been
thought out and serves a specific purpose to the platform not
any developers pocket.
All platform fees & dividends are as follows:
- 20% Buy Fee
(10% of the overall fee
is allocated to Hypernode Referrer if there is one, 1.5
funds,, 1.5% goes to to the Staking contract,
and 10% split and allocated to token holders. The additional fee
% is left in the HyperEX contract.)
13% Sell Fee (10% is split and distributed to
all hypernode holders based off the percentage of tokens you are
holding and 3% allocated to
10% Hypernode Commissions
(Any user holding 100 or more HYPER tokens is eligable to
recieve 10% of any ETH spent by referred user in the HyperEX)
- 10% Staking
Withdraw Fee (The
HyperStakes platform charges a 10% withdraw fee to any user who
withdraws all their tokens from the HyperStakes staking
HyperStake Allocation Fee & 3% Game Dev
Fee (Of tokens wagered in any HyperETH platform
games 3% will be
allocated to the HyperStakes stake pool balance and
3% deducted from winners total and
collected as a game development fee to help fuel the development
of future web games. Ex. 200 total tokens wagered, winner would
receive 188 of those tokens.)
This is the most important question and topic for our users
and we want our
users to understand the complete structure of the platform.
Our team has learned and built upon what started as
your typical pyramid dapp and turned
it into a trustworthy, solid platform users can enjoy! We will not
beat around the bush. The unique platform
dividend system is set up to flourish
with the platform growth however, over time if users are not
playing games the ecosystem will become stale and dividends will
run out. Our team does not see the dividend structure as the
main focus of our platform. We see it as an incentived period
for early platform adopters as well as an
ongoing reward system for participation within the platform. Our
team is focused on building
fun, decentralized, wager based games for our users.
|Is HyperETH a Scam? A Ponzi? A Pryamid?
YYour GPB or your Game Play Balance are the
HYPER tokens used to play our web and smart contract games.
YOU MUST BE LOGGED INTO METAMASK. Once you
are logged in, when you visit the HyperETH platform
it will request you to sign in and approve the wallet sync.
Complete this and you will see your Game Play Balance at the top
right side of the navigation bar (shown in the image below.)
Click the FUND button to send your HYPER tokens from your
HyperEX wallet to your GPB. Click WITHDRAW and you are able to
withdraw your tokens from your GPB back to your HyperEX wallet.
Tokens won or lost during gameplay will be added or deducted from your
Game Play Balance.
|What is my Game Play Balance and how does it work?