Quarters is trying to be the new gaming currency. Coins collected in one game can now be used in another. It is the definition of earn by playing video games.
Quarters has also received a go ahead from the US Securities and Exchange Commission to use quarters as a token in gaming.
While this may sound like an internet scam, Quarters is anything but that. It was started by a 12 year old boy who wanted to use his coins earned in earlier games.
“Why should coins get stuck in games I no longer want to play? I was coming home from school and my dad was explaining the new big thing, crypto. At the time, I was frustrated because whenever I quit a game I lost all my hard-work, time, effort, and worst of all, my coins. I know my friends share my frustration. With Quarters, you will have one wallet for all of your games.”— George Weiksner, 12, CEO
Quarters came about to solve this very problem. It is a cryptocurrency based on Ethereum and can be built into any game.
Funding for Quarters
A campaign to crowdfund the initial developmental fees was started at the end of 2018. It was posted on republic.co and was asking for $100,000. It successfully raised the funds by 31st December 2018. It even collected an additional $45,000. All this from just 436 investors!
Listed in the Highlights were –
- Quarters are the universal virtual currency for gaming
- Quarters can be used across different video games and platforms
- Led by a 12 year old gamer turned CEO, and backed by award-winning team
- Game developers can accept Quarters on all major gaming platforms
- Over one billion players spend $138B per year in video games
- Partnered with Rise9, an influencer community with over 700M followers
- Raised over $400,000 to date
- Team has previously created award-winning hits earning multiple billions of dollars in revenue across games, music and YouTube
- Earn tokens playing games
Watch a Short Explainer Video about Quarters
You can get started using quarters by logging in with your email account. After adding in your password, you will be prompted to verify your email ID. You can do this by clicking on the link sent to your email account.
Once logged in you can earn more points by completing certain tasks. You can join a game or watch a live stream of a game or invite more friends to join the platform. The more tasks you complete, the more quarters you get. You start with 40 quarters at login. To continue earning quarters you must play a game that has support for the platform.
Quarters for Developers
The platform has made it super easy to integrate quarters into a game. They have a page with all the supported features. Ask your game developers to include quarters as it will allow more players to join. With interoperability between games, quarters can be used in any game which is supported. Gamers who were unwilling to try a game because it is new will now find it easier to transition. Literally, earn tokens playing games.
SIMPLE TO INTEGRATE NEW AND EXISTING GAMES
Just add a snippet in two places (check diff on GitHub). Read the API documentation.
REACH PLAYERS WHO ALREADY HAVE BOUGHT QUARTERS
Players buy Quarters to have fun in their favorite games, and to discover new games. They have already opened up their wallet and purchased the Quarters. For free, you can access this network of players for your games.
CREATE AWESOME NEW GAMES FOR NEW PLACES AND WITH NEW MECHANICS
Facebook, Messenger, Snapchat, SMS, Twitter, Alexa – make games where players are! Create games where players can win Quarters, like Texas Hold ’em, or prizes for beating high scores of friends.
GET PAID 3X WHAT YOU EARN WITH IN-APP PURCHASES
Not 70%. Not 100%. Earn more than 300% of what players purchase in your games. Large developers get a share of what players spend in other games. Read the whitepaper for all the details.
FULL TRANSPARENCY ON THE ETHEREUM BLOCKCHAIN
Audit every transaction yourself on the blockchain. All players can verify that your outcomes are consistent with representations. Exchange Quarters with anyone – with no central authority. Read the code for the smart contract and see all the transactions yourself.