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Funding TF2 competetive with Crypto
posted in Off Topic
1
#1
0 Frags +

I have been thinking about this the past couple of months and wondering how we can apply it to making TF2 a real esport as we have all dreamed. The two ideas I had were either to:

1. Buy and hold a certain amount of said coin as a community and use the profits to enrich our scene.

2. Create a TF2 coin that will be in on itself a currency on TFTV that people will be able to use and exchange and support their favourite teams with.

I know that is this idea sounds far fetched and impossible to set into play effectively but I feel it is a very achievable goal for our community (above the age of 18 ofcourse).

Have in mind this is no more of a discussion thread at this point and I AM NOT PUSHING CRYPTO as an idea to gain proffits myself.

Example token:

Here is a potential token that is still trading incredibly cheap but has already gone OVER 1500% in just a week

https://crypto.com/price/shiba-inu

I have been thinking about this the past couple of months and wondering how we can apply it to making TF2 a real esport as we have all dreamed. The two ideas I had were either to:

1. Buy and hold a certain amount of said coin as a community and use the profits to enrich our scene.

2. Create a TF2 coin that will be in on itself a currency on TFTV that people will be able to use and exchange and support their favourite teams with.

I know that is this idea sounds far fetched and impossible to set into play effectively but I feel it is a very achievable goal for our community (above the age of 18 ofcourse).

Have in mind this is no more of a discussion thread at this point and I AM NOT PUSHING CRYPTO as an idea to gain proffits myself.

Example token:

Here is a potential token that is still trading incredibly cheap but has already gone OVER 1500% in just a week

https://crypto.com/price/shiba-inu
2
#2
42 Frags +

There we go, your first good idea in almost 10 years of comp tf2

There we go, your first good idea in almost 10 years of comp tf2
3
#3
104 Frags +

PootisCoin

PootisCoin
4
#4
2 Frags +

brb making TFTV token

brb making TFTV token
5
#5
68 Frags +

great another bubble the tf2 scene can live in

great another bubble the tf2 scene can live in
6
#6
69 Frags +

I have an idea

What if we install a crypto miner in the ESEA RGL client and uh, "use the funds towards the prize pool", yeah

I have an idea

What if we install a crypto miner in the [s]ESEA[/s] RGL client and uh, "use the funds towards the prize pool", yeah
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#7
0 Frags +

Pootcoin stonks?

Pootcoin stonks?
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#8
11 Frags +

SAFEUBER
6% taxed from paper handed uber droppers, and 12% burned by a pyro or something
hodl your uber and push into our yield farms with 100000% APR & community funded liquidity
now on fantom network

SAFEUBER
6% taxed from paper handed uber droppers, and 12% burned by a pyro or something
hodl your uber and push into our yield farms with 100000% APR & community funded liquidity
now on fantom network
9
#9
-17 Frags +

you didn't sell at ATH

https://i.gyazo.com/8491f0ae3fd740081f9f986945bad4cf.png

you didn't sell at ATH

[img]https://i.gyazo.com/8491f0ae3fd740081f9f986945bad4cf.png[/img]
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#10
10 Frags +
LupusExample token:

Here is a potential token that is still trading incredibly cheap

Dude this coin has a market cap of 13 billion dollars, 17th largest. Etherium classic has the same market cap and its $110. It would take it having a market cap of $4 trillion, 4x that of bitcoin, just to reach 1 cent. Their circulating supply is exactly the way it is to rake in the financially illiterate like you. This is why why tf2 nerds shouldn't invest

[quote=Lupus]
Example token:

Here is a potential token that is still trading incredibly cheap[/quote]

Dude this coin has a market cap of 13 billion dollars, 17th largest. Etherium classic has the same market cap and its $110. It would take it having a market cap of $4 trillion, 4x that of bitcoin, just to reach 1 cent. Their circulating supply is exactly the way it is to rake in the financially illiterate like you. This is why why tf2 nerds shouldn't invest
11
#11
eXtelevision
30 Frags +

DD on why TF2 is the neXt esports to MOON:

1. Great Memes
2. Minecraft got big, RobloX got big, Fortnite got big, TF2 will get big.
3. No one stops being a furry, the numbers only go up. Keep HOLDING.

Full Article to come (maybe). This is not investment advice. I just like the esport.

/s?

DD on why TF2 is the neXt esports to MOON:

1. Great Memes
2. Minecraft got big, RobloX got big, Fortnite got big, TF2 will get big.
3. No one stops being a furry, the numbers only go up. Keep HOLDING.

Full Article to come (maybe). This is not investment advice. I just like the esport.

/s?
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#12
1 Frags +
HuggesLupusExample token:

Here is a potential token that is still trading incredibly cheap

Dude this coin has a market cap of 13 billion dollars, 17th largest. Etherium classic has the same market cap and its $110. It would take it having a market cap of $4 trillion, 4x that of bitcoin, just to reach 1 cent. Their circulating supply is exactly the way it is to rake in the financially illiterate like you. This is why why tf2 nerds shouldn't invest

I more or less gave that as an example token, maybe you didn't read the "example token:" part. You're right on the math, but the end there reads like an angry reddit response. Also you might have missed the part where it says this was a discussion thread. I know it's hard but do try and read the whole post next time before posting, okay champ?

I am aware that it is extrememly risky to invest in newly created tokens as a huge part of them are meant as quick cash grabs by the people that make them. Also people that have gotten in early with like a 20$ investment on that coin are now worth millions. Which was the example I was trying to give. !I DID NOT SAY BUY THIS COIN IT WILL EXPLODE!

[quote=Hugges][quote=Lupus]
Example token:

Here is a potential token that is still trading incredibly cheap[/quote]

Dude this coin has a market cap of 13 billion dollars, 17th largest. Etherium classic has the same market cap and its $110. It would take it having a market cap of $4 trillion, 4x that of bitcoin, just to reach 1 cent. Their circulating supply is exactly the way it is to rake in the financially illiterate like you. This is why why tf2 nerds shouldn't invest[/quote]

I more or less gave that as an example token, maybe you didn't read the "example token:" part. You're right on the math, but the end there reads like an angry reddit response. Also you might have missed the part where it says this was a discussion thread. I know it's hard but do try and read the whole post next time before posting, okay champ?

I am aware that it is extrememly risky to invest in newly created tokens as a huge part of them are meant as quick cash grabs by the people that make them. Also people that have gotten in early with like a 20$ investment on that coin are now worth millions. Which was the example I was trying to give. !I DID NOT SAY BUY THIS COIN IT WILL EXPLODE!
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#13
0 Frags +

any other Chainlink Millionaires in the house?

any other Chainlink Millionaires in the house?
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#14
TF2Pickup
0 Frags +

ok Xd

ok Xd
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#15
0 Frags +
justjazzany other Chainlink Millionaires in the house?

https://i.imgur.com/x5cdaBN.jpg

[quote=justjazz]any other Chainlink Millionaires in the house?[/quote]

https://i.imgur.com/x5cdaBN.jpg
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#16
29 Frags +

crypto is a disease

crypto is a disease
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#17
-15 Frags +
vibeisveryocrypto is a disease

someone is upset they didnt invest when they could

[quote=vibeisveryo]crypto is a disease[/quote]
someone is upset they didnt invest when they could
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#18
7 Frags +
LupusI more or less gave that as an example token, maybe you didn't read the "example token:" part.

Nah bro don't try to weasel your way out of it. You said "here is a potential token that is still trading incredibly cheap" as if its still a good investment for those reasons and someone should still put their money in it. My comment was meant to scare away someone lurking here who doesn't know any better from burning their money on it, but yes I apologize if I came across sounding aggressive I probably have been spending too much time on reddit :p.

Though for the record I do agree with you in general, I'm a big crypto proponent with my own money tied up in it as well. But if you were to actually do this as a community my suggestion would be to take the top "blue chip" cryptocurrencies and simply buy and hold, a method tried and true.

[quote=Lupus]I more or less gave that as an example token, maybe you didn't read the "example token:" part.[/quote]

Nah bro don't try to weasel your way out of it. You said "here is a [b]potential[/b] token that is still trading [b]incredibly cheap[/b]" as if its still a good investment for those reasons and someone should still put their money in it. My comment was meant to scare away someone lurking here who doesn't know any better from burning their money on it, but yes I apologize if I came across sounding aggressive I probably have been spending too much time on reddit :p.

Though for the record I do agree with you in general, I'm a big crypto proponent with my own money tied up in it as well. But if you were to actually do this as a community my suggestion would be to take the top "blue chip" cryptocurrencies and simply buy and hold, a method tried and true.
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#19
0 Frags +
HuggesLupusI more or less gave that as an example token, maybe you didn't read the "example token:" part.
Nah bro don't try to weasel your way out of it. You said "here is a potential token that is still trading incredibly cheap" as if its still a good investment for those reasons and someone should still put their money in it. My comment was meant to scare away someone lurking here who doesn't know any better from burning their money on it, but yes I apologize if I came across sounding aggressive I probably have been spending too much time on reddit :p.

Though for the record I do agree with you in general, I'm a big crypto proponent with my own money tied up in it as well. But if you were to actually do this as a community my suggestion would be to take the top "blue chip" cryptocurrencies and simply buy and hold, a method tried and true.

I didn't mean to push that token specifically but I agree the way I wrote it sounds like I did. I agree that buying top tier tokens would be the smart move, as they aren't as volatile as meme currencies that just move based off hype or random holders that sell off 50% of it.

My thought was to setup a "TIPS" page for the website or something similar that will allow everyone to give like a dollar/euro max (maybe 5 dollars max) but no more. It would be fair to get 2-3 responsible people that understand and are into Crypto to make the buys after we've raised capital. It should be people the community trusts so the chances of them running off with the money would be slim to none.

[quote=Hugges][quote=Lupus]I more or less gave that as an example token, maybe you didn't read the "example token:" part.[/quote]

Nah bro don't try to weasel your way out of it. You said "here is a [b]potential[/b] token that is still trading [b]incredibly cheap[/b]" as if its still a good investment for those reasons and someone should still put their money in it. My comment was meant to scare away someone lurking here who doesn't know any better from burning their money on it, but yes I apologize if I came across sounding aggressive I probably have been spending too much time on reddit :p.

Though for the record I do agree with you in general, I'm a big crypto proponent with my own money tied up in it as well. But if you were to actually do this as a community my suggestion would be to take the top "blue chip" cryptocurrencies and simply buy and hold, a method tried and true.[/quote]

I didn't mean to push that token specifically but I agree the way I wrote it sounds like I did. I agree that buying top tier tokens would be the smart move, as they aren't as volatile as meme currencies that just move based off hype or random holders that sell off 50% of it.

My thought was to setup a "TIPS" page for the website or something similar that will allow everyone to give like a dollar/euro max (maybe 5 dollars max) but no more. It would be fair to get 2-3 responsible people that understand and are into Crypto to make the buys after we've raised capital. It should be people the community trusts so the chances of them running off with the money would be slim to none.
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#20
Process/Gullywash Refresh
3 Frags +
justjazzvibeisveryocrypto is a diseasesomeone is upset they didnt invest when they could

mfs be like "crypto is the future" while the ethereum currency alone uses more power than HUNGARY
bitcoin uses more than Belgium, Philippines and Kazakhstan (not accumulated)
traditional online banking uses way less power.

what if we actually used that electricity to power our infrastructure or phase in green electricity?

i don't hate the idea of crypto and the concept is cool but it's impractical at best and potentially destructive at worst

Show Content
[quote=justjazz][quote=vibeisveryo]crypto is a disease[/quote]
someone is upset they didnt invest when they could[/quote]
mfs be like "crypto is the future" while the ethereum currency alone uses more power than HUNGARY
bitcoin uses more than Belgium, Philippines and Kazakhstan ([u]not[/u] accumulated)
traditional online banking uses way less power.

what if we actually used that electricity to power our infrastructure or phase in green electricity?

i don't hate the idea of crypto and the concept is cool but it's impractical at best and potentially destructive at worst

[spoiler]Found these sources by quick google search didn't double check:
https://digiconomist.net/ethereum-energy-consumption/
https://digiconomist.net/bitcoin-energy-consumption/
https://www.visualcapitalist.com/visualizing-the-power-consumption-of-bitcoin-mining/
https://www.statista.com/statistics/881541/bitcoin-energy-consumption-transaction-comparison-visa/[/spoiler]
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#21
8 Frags +

"have fun staying poor" yeah have fun making the planet a fireball for some 0's and 1's you jackass

"have fun staying poor" yeah have fun making the planet a fireball for some 0's and 1's you jackass
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#22
0 Frags +

I'd also like a new GPU for once

I'd also like a new GPU for once
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#23
-1 Frags +
Collaidejustjazzvibeisveryocrypto is a diseasesomeone is upset they didnt invest when they couldmfs be like "crypto is the future" while the ethereum currency alone uses more power than HUNGARY
bitcoin uses more than Belgium, Philippines and Kazakhstan (not accumulated)
traditional online banking uses way less power.

what if we actually used that electricity to power our infrastructure?

i don't hate the idea of crypto and the concept is cool but it's impractical at best and potentially destructive at worst

Your highlighting Crypto's impact on the environment without putting into context.

Gold Mining Energy Consumption per year = 131 TWH
Banks Average Energy Consumption per year = "140 TWH a year only on those three metrics is around (I am rounding) 26 TWh on servers, 87 TWh on branches and 26TWh on ATMs for a total of close to a 140 TWh a year."
This also does not include the manpower it costs to run the banks.

In the long-term once renewable energy is cheaper cryptocurrency will also become greener.
digital currency is much more efficient, simple and reliable which is why banks are already investing in becoming digital.

[quote=Collaide][quote=justjazz][quote=vibeisveryo]crypto is a disease[/quote]
someone is upset they didnt invest when they could[/quote]
mfs be like "crypto is the future" while the ethereum currency alone uses more power than HUNGARY
bitcoin uses more than Belgium, Philippines and Kazakhstan ([u]not[/u] accumulated)
traditional online banking uses way less power.

what if we actually used that electricity to power our infrastructure?

i don't hate the idea of crypto and the concept is cool but it's impractical at best and potentially destructive at worst
[/quote]
Your highlighting Crypto's impact on the environment without putting into context.

Gold Mining Energy Consumption per year = 131 TWH
Banks Average Energy Consumption per year = "140 TWH a year only on those three metrics is around (I am rounding) 26 TWh on servers, 87 TWh on branches and 26TWh on ATMs for a total of close to a 140 TWh a year."
This also does not include the manpower it costs to run the banks.

In the long-term once renewable energy is cheaper cryptocurrency will also become greener.
digital currency is much more efficient, simple and reliable which is why banks are already investing in becoming digital.
24
#24
4 Frags +

When did your brain grow so large lupus

When did your brain grow so large lupus
25
#25
Process/Gullywash Refresh
6 Frags +
copperrYour highlighting Crypto's impact on the environment without putting into context.

Gold Mining Energy Consumption per year = 131 TWH
Banks Average Energy Consumption per year = "140 TWH a year only on those three metrics is around (I am rounding) 26 TWh on servers, 87 TWh on branches and 26TWh on ATMs for a total of close to a 140 TWh a year."
This also does not include the manpower it costs to run the banks.

In the long-term once renewable energy is cheaper cryptocurrency will also become greener.
digital currency is much more efficient, simple and reliable which is why banks are already investing in becoming digital

"gold mining" is a wierd point to bring up as if you assume I support it for non-essential uses

"banks" as you mentioned it is very vaguely defined. what bank? all banks globally? all their energy consumption outside of servers/pc's/digital stuff like heating, lights and coffee makers?

one of my links also shows 1 bitcoin transaction takes 900 kwh of electricity while 100,000 visa transactions use 150 kwh,
bitcoin alone used 120 twh of power in 2020, not to mention all cryptocurrencies combined still likely use more electricity than your conter-examples
your comparison also lacks perspective; "all banks" are used by a huge portion of the population while crypto still is not.

and of course if we reach a point where all our electricity is green, we are net 0 (or net negative) it would be fabulous, but we're not there yet by far.

as it currently stands though a lot of electricity globally is still fueled by oil and other fossile fuels and i think instead of putting our electricity into cryptocurrencies only a fraction of the global population is a part of we should maybe first replace those fossile fuels.

[quote=copperr]Your highlighting Crypto's impact on the environment without putting into context.

Gold Mining Energy Consumption per year = 131 TWH
Banks Average Energy Consumption per year = "140 TWH a year only on those three metrics is around (I am rounding) 26 TWh on servers, 87 TWh on branches and 26TWh on ATMs for a total of close to a 140 TWh a year."
This also does not include the manpower it costs to run the banks.

In the long-term once renewable energy is cheaper cryptocurrency will also become greener.
digital currency is much more efficient, simple and reliable which is why banks are already investing in becoming digital [/quote]
"gold mining" is a wierd point to bring up as if you assume I support it for non-essential uses

"banks" as you mentioned it is very vaguely defined. what bank? all banks globally? all their energy consumption outside of servers/pc's/digital stuff like heating, lights and coffee makers?

[url=https://www.statista.com/statistics/881541/bitcoin-energy-consumption-transaction-comparison-visa/]one of my links[/url] also shows 1 bitcoin transaction takes 900 kwh of electricity while 100,000 visa transactions use 150 kwh,
[url=https://www.bbc.com/news/technology-56012952#:~:text=%22Mining%22%20for%20the%20cryptocurrency%20is,value%20of%20the%20currency%20slumps.]bitcoin alone used 120 twh of power in 2020[/url], not to mention all cryptocurrencies combined still likely use more electricity than your conter-examples
your comparison also lacks perspective; "all banks" are used by a huge portion of the population while crypto still is not.

and of course if we reach a point where all our electricity is green, we are net 0 (or net negative) it would be fabulous, [b]but we're not there yet by far.[/b]

as it currently stands though a lot of electricity globally is still fueled by oil and other fossile fuels and i think instead of putting our electricity into cryptocurrencies only a fraction of the global population is a part of we should maybe first replace those fossile fuels.
26
#26
12 Frags +

i dont understand the net zero argument like even if the energy used for bitcoin was all renewable that energy could have been used for any number of actually useful things rather than proof of work ad infinitum

also haha elon no like bitcoin anymore bcus environment, if only we invested in bitcoin as a game then our tf2 major could be randomly cancelled for an even stupider reason than online LAN computers or samiface defending rapists

i dont understand the net zero argument like even if the energy used for bitcoin was all renewable that energy could have been used for any number of actually useful things rather than proof of work ad infinitum

also haha elon no like bitcoin anymore bcus environment, if only we invested in bitcoin as a game then our tf2 major could be randomly cancelled for an even stupider reason than online LAN computers or samiface defending rapists
27
#27
14 Frags +

Block chain 100% has its uses and will be used in the future, crypto on the otherhand is a giant meme that is more or less equivalent to the .com boom we saw in the 90/00's. You can totally make bank with it currently, but if you think it actually serves any real purpose you have drank the kool-aid.

Block chain 100% has its uses and will be used in the future, crypto on the otherhand is a giant meme that is more or less equivalent to the .com boom we saw in the 90/00's. You can totally make bank with it currently, but if you think it actually serves any real purpose you have drank the kool-aid.
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#28
-3 Frags +

proof of work systems should be outlawed by international treaty

proof of work systems should be outlawed by international treaty
29
#29
Process/Gullywash Refresh
-1 Frags +
bearodactyli dont understand the net zero argument like even if the energy used for bitcoin was all renewable that energy could have been used for any number of actually useful things rather than proof of work ad infinitum

right now it's not using green energy only [also hard to incentivize everyone to do since it's so decentralized]

if we were to run all crypto with green energy right now, other sectors of society would be forced to use electricity generated with fossile fuels.

hopefully in a few years or in a few decades when we are net zero co2 emissions, bitcoin and other crypto will be more sustainable than they are right now.

maybe my post right above yours was cluttered or poorly worded but that's the point i tried to get across.

[quote=bearodactyl]i dont understand the net zero argument like even if the energy used for bitcoin was all renewable that energy could have been used for any number of actually useful things rather than proof of work ad infinitum[/quote]
[b]right now[/b] it's not using green energy only [also hard to incentivize everyone to do since it's so decentralized]

if we were to run all crypto with green energy [b]right now[/b], other sectors of society would be forced to use electricity generated with fossile fuels.

hopefully in a few years or in a few decades when we are net zero co2 emissions, bitcoin and other crypto will be more sustainable than they are right now.

maybe my post right above yours was cluttered or poorly worded but that's the point i tried to get across.
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#30
0 Frags +
Waldoproof of work systems should be outlawed by international treaty

proof of work is more commonly used than you think
for example, to prevent mass spam, you can require the client to provide a POW to send a message
pow isnt just crypto

[quote=Waldo]proof of work systems should be outlawed by international treaty[/quote]
proof of work is more commonly used than you think
for example, to prevent mass spam, you can require the client to provide a POW to send a message
pow isnt just crypto
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