The Amber Journal — Issue 2
Hello and welcome to Issue 2 of The Amber Journal.
The Amber Journal is written for players of Amber Game. Amber Game is a game created by AGames, and runs on the Ethereum Blockchain. The Amber Journal provides news and statistical information on Amber Game activity, with a focus on providing weekly statistics gathered from information available on the web. This week’s issue will cover the period of 9/16/2018 through 9/22/2018.
To play Amber Game, all you need is a web browser with the MetaMask add-on installed and enabled. For more information, or to play, see the below
Amber Game Links
Here are a few great links to get started playing Amber Game, learn more, and join the Amber Game community. Click the below images to go directly to the links as described:
Current Week Recap
As may have been expected, after the initial surge, gem activity was down this week. The contract address had an inflow of 36.365 ETH, the cost to light all gems rose to 3,044.10 ETH, and total dividends earned to date rose to 640.47 ETH. More detailed statistical data on this week’s activity is provided in the Gem Activity section of this issue.
Much of the discussion on Discord was about the slowdown. Simply put, Amber Game needs more players. The AGames team are doing what they can to get the word out. Amber Game links were added to the top of the main page for Reddit, Twitter, Telegram, and a Wiki. Links to these pages are also included in the Amber Game Links section of this issue. A lot of good content is being put out there daily.
As for marketing; we should all keep in mind. This is a decentralized game!
We are not just players. We are owners. We are Amberians!
The whole community has a vested interest in Amber Game’s success. Even without the waypoints, all players benefit from there being more players in the game.
As players, we have also all been given a wonderful incentive to get more people to play. Amber Game offers all players a 5% referral for gems purchased using their waypoint.
This means that each and every player can use their waypoint as a link to Amber Game. If another player uses your waypoint to play Amber Game, you will receive a 5% referral for gems purchase using your waypoint link. You don’t even have to play Amber Game to create a waypoint link. As long as you have an active MetaMask account when clicking the link, you can use the waypoint system.
Gem activity was determined by downloading transactions from www.etherscan.io for contract address 0xB66041c5AcCC99fCcCe8e4f06074ac52C9C556DD. In playing Amber Game, this contract address is the only entry point for the game.
Statistical results are based on downloading data from the above contract address for the period of 09/16/18 through 09/22/18 (UTC Time). All transfers of 0 ETH, and transactions with an error code, were removed from the data set.
The remaining transactions were then sorted by unique address, and transactions for each unique address.
P/D Ratios Chart
The P/D Ratio (or Price/Dividends Ratio) is a good metric for determining the value of a gem relative to other gems. It is calculated by dividing the cost of lighting a gem by the total dividends earned by that gem to date. For more information on P/D Ratios see Appendix A — Price/Dividends (P/D) Ratios Explained.
This scatter chart shows the P/D Ratios for all gems as of 9/23/18. Individual P/D Ratios for all gems are provided below.
Current P/D Ratios (All Gems)
Appendix A — Price/Dividends (P/D) Ratios Explained
The P/D Ratio is a good metric for determining the value of a gem relative to other gems. It is calculated by dividing the cost of lighting a gem by the total dividends earned by that gem to date. All of the information required to make this calculation is contained in the picture of the gem.
In this example, there are three gems; gems 55, 56, and 57. The calculation of the P/D Ratios for these gems would be determined as follows:
Gems 55 and 57 both have a much higher cost than gem 56, however all three gems have close to the same total dividends to date. This is because gems 55 and 57 were likely more recently lit, causing their cost to increase by some factor greater than two.
At this position in the chain, Gem 56, with a P/D Ratio of 4.6091, is pretty ripe for lighting.
Let’s see what happens when Gem 56 is lit.
After lighting gem 56 for 4.887 ETH, the P/D Ratios for the three gems become as follows:
Since the address that lit gem 56 now owns gem 56, it has become highlighted. The cost to light gem 56 also increased to 10.654. When lit, gems will increase in cost by a factor of >2. In this case, gem 56 increased by a factor of about 2.18.
Of the 4.887 ETH used to light gem 56; 50% went to the previous owner, 5% went to the associated referral, and the remaining 45% was paid out as an equal dividend to the owners of all the gems below it. This would mean that the Amber and gems 1–55 all received an approximate dividend of (4.887 x 45%) / 56 = 0.0392705 ETH.
What determines a good P/D Ratio for lighting a gem is completely subjective. However, there is a strong tendency for P/D Ratios to decrease (i.e., improve) as you go further down the chain.
Disclaimer: The Amber Journal is provided for entertainment purposes only. It is not affiliated with AGames. Any statistical information is provided based on collecting public information for the game on the world wide web. Best efforts are made to provide accurate information, however there are no guarantees that all statistical information is 100% accurate.