A Pocketful of Quarters, A Twelve Year Old Entrepreneur, And A Pitch To Tim D...
Boris interviews George, Founder of Pocketful of Quarters. Learn more about Pocketful of Quarters and their launch on Republic Crypto: ht...
“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
George on the set of Meet of the Drapers
Virtual currencies (Coins, Gold, Gems, etc.) are used in games across genres and platforms. Players buy these currencies with real money.
Players usually don't spend all of the virtual currency. When they want to play a new game, they have to abandon their winnings and start again from scratch.
This leaves millions of dollars frozen inside games, every day!
Players have a single wallet with Quarters. When they start playing a new game, they can transfer Quarter coins to that game. When they don’t want to play that game any more, they can transfer Quarters back to their wallet, and use them in other games.
Quarters are designed specifically for playing games and not for storing value. Like classic arcade tokens (i.e. Chuck E Cheese), you can buy Quarters but you can’t redeem them outside of the gaming ecosystem.
You are investing in Q2 tokens, which pay you royalties on the sales of Quarters tokens, not the gaming-centered Quarters tokens. See “Token Economics” for more info.
1. Register to get a Quarters wallet
2. Buy Quarters with USD or ETH (Quarters have a fixed price for players)
3. Approve transfer of Quarters to developer
4. Play game, potentially earning more Quarters
Game developers compete to collect Quarters from game players. Players transfer Quarters to developers in order to play games. In turn, developers (but not players) exchange Quarters for Ether, based on a formula set in the smart contract.
Quarters can incentivize game adoption. Players get free Quarters when they sign up, and whenever the number of Quarters sold doubles. Free Quarters are a fun reward for everyone in the Quarters ecosystem.
For further detail on the Quarters ecosystem, you can read the Quarters Whitepaper.
With the core infrastructure built and key partnerships lined up, the Quarters ecosystem is prepared for rapid adoption by players and developers. Highlights include:
1. We’ve launched Quarters and the portal, pocketfulofquarters.com — tokens are already available for purchase by players with an email address and a credit card — it's that easy!
3. Technology partnership with Matic.network to enable us to scale Quarters transactions without creating congestion on the Ethereum mainnet or incurring excessive fees.
4. Distribution partnerships with influencers via Rise9 (www.rise9app.com). Rise9 influencers have over 700,000,000 followers in their community.
5. Raised $400,000 from leading media figures and investors including Michelle Phan, Ugur Koyoglu and other angel investors in a SAFE note and in a private pre-sale of Q2 tokens (same tokens you are investing in).
Investor & Advisor
An early pioneer on YouTube with over 1 billion views. Founder of Ipsy, which is valued at $1B and has over 3,000,000 paid subscribers for its beauty and wellness products.
Ugur is currently Vice Chair at Oliver Wyman. He has been steering the firm’s high-impact corporate strategy, finance and risk management projects for financial institutions across the globe. Ugur invest in innovators who reframe a customer problem and solve it with an unconventional approach. Ugur holds a PhD from Princeton University. Full Biography at Oliver Wyman
Revenue from video games is about seven times (7x) bigger than movies and music combined. One in seven people play video games globally, which is about 1.2B people.
Video games are a $138B market, growing rapidly (>10% per year).
Quarters are intended to be the first gaming token desired by players, distributed directly to players, that has a stable value and works across platforms. Meanwhile, traditional in-game currencies are stuck in each game. Other gaming cryptocurrencies that we are aware of have fixed token supplies with fluctuating values.
We’re on track to launch the Quarters Beta by December 2018.
Our version 1 was a success: we’ve collected a lot of valuable customer feedback and implemented it into an upcoming v.2, which we plan to launch at the end of 2018.
This fall, we will open up a waitlist, and let some players and their friends test our first games. Gaming influencers will play the games to get players excited about Quarters. Then we will launch the Beta to the public for mid-December 2018.
We have an amazing team backing George and his vision. This award-winning team has decades of experience in the gaming and technology industry.
Co-founder & CEO
“Why should coins get stuck in games I no longer want to play?” George founded Pocketful of Quarters to fix this problem for himself and his friends. George is also a seventh grader at Greenwich Country Day School. He is a regular speaker about cryptocurrencies and games, he has appeared in various publications, including Marketwatch, BusinessInsider, Sunrise TV, ICO Investor TV, Be Inspired, and The New York Post. He streams games on YouTube and Twitch as ThisKidCEO. LinkedIn - YouTube - Twitch - Instagram
Co-Founder & CTO
A tech investor (Rostrum Capital and Flatfooted, LLC) and a tech entrepreneur (EndlessTV and E-thePeople.org). Ph.D. in communications from Stanford University and an A.B. in Computer Science from Princeton University. LinkedIn - Github - Twitter
Chris is a gaming legend best known for designing the original Medal of Honor. Chris has designed and directed games that have been played by over 300M players and earned in excess of $6 billion in revenue. LinkedIn - Moby Credits
Devo is a 3x grammy award winner, for his work with Kanye West and John Legend. He has also collaborated with Britney Spears, Nas, Aretha Franklin, Common, and Barack Obama. Devo is founder & CEO of Adventr.tv, named one of the 100 Most Innovative Companies in the world. LinkedIn - Wikipedia - Medium
When you investing in this deal, you’re investing in Q2 tokens, not Quarters tokens.
Quarters (symbol:Q) are a token designed for game use only. They’re available for sale on PocketfulOfQuarters.com, can be earned as rewards for participating, and - by design - cannot be sold back for financial gain.
Players can use Quarters to play games within our ecosystem. Game developers compete to collect Quarters from game players. Players transfer Quarters to developers in order to play games. In turn, developers (but not players) exchange Quarters for Ether, based on a formula set in the smart contract.
Q2 (symbol: Q2) are revenue-sharing tokens, designed to attract the initial investment needed to jumpstart the Quarters ecosystem. Q2 tokens are royalty tokens that distribute the ETH dividends earned as Quarters are sold.
Q2 investors earn royalties on the sale of Quarters whenever Quarters are bought via the smart contract. When that happens:
Q2 holders will earn royalties from the sale of Quarters proportional to their ownership of the Q2 network.
Investors are offered to invest in POQ Issuer, LLC and receive a Token DPA — a debt instrument, payable by assets (Q2 Tokens).
Per the DPA Agreement:
Please consult the DPA Agreement for complete terms including timing, Republic’s and POQ Issuer’s commission, how funds are handled, what happens with the funds in case the Tokens never get distributed by POQ Issuer, LLC, etc.
This debt offering is suitable for sophisticated investors with knowledge of blockchain technology and the ability to assess its applications and their market potentials only.
POQ Issuer, LLC is conducting this debt offering, with principal plus 20% interest payable by Tokens (Q2) in lieu of cash, as per the terms of the DPA Agreement. Please carefully review the entire DPA for complete offering terms. POQ Issuer, LLC is a Delaware company and an affiliate of Pocketful of Quarters, Inc., a service company to help promote the adoption of the Quarters ecosystem.
Together, we can bring Quarters to games everywhere, and make games better for players.
Thank you for supporting my effort to make games better for me, my friends and players all around the world! — George Weiksner
The smallest investment amount that Quarters is accepting.
$100,000 – $1,070,000
Quarters needs to raise
before the deadline. The maximum amount Quarters is willing
to raise is $1.07M.
Quarters needs to reach their minimum funding goal before the deadline.
If they don’t, all investments will be refunded.
Token DPA (Late Stage with Escrow)
If the campaign is successful, you’ll receive a Token DPA for your investment.
The DPA is not equity or a token itself, but a loan that payable in tokens in
the future, with interest.
If the campaign is successful, you’ll receive a Token DPA for your investment. The DPA is not equity or a token itself, but a loan that payable in tokens in the future, with interest.
The amount of time Quarters has to pay out your investment in tokens. If the DPA isn't repaid with tokens after that time, it will be payable in cash with interest.
The interest amount that will accumulate on your investment if it’s paid back to you in cash.
The interest amount that will accumulate on your investment if it’s paid back to you in tokens.
50% of net debt amount before 2 years
How much you can get back of your investment if you choose to cancel the Token DPA before it’s paid back.
Receive 7,500 Free Quarters!
Limited (66 left of 100)
Get 20,000 Free Quarters!
Sold out (0 left of 50)
You can still invest $50 without the perk.
Early access to one game for Quarters and also receive 20,000 Free Quarters!
Early access to one game on Quarters for you and five other friends, and also receive 20,000 Free Quarters!
An invitation-only streaming session with George and also receive 20,000 Free Quarters!
Get early access to all available Quarters in our beta program and also receive 20,000 Free Quarters!
Play on stream with George (one on one for an hour!) and also receive 20,000 Free Quarters!
Limited (8 left of 10)
Early access to all Quarters games in the beta program for you and 10 other friends, and also receive 20,000 Free Quarters!
Design a mobile game with Chris Cross and also receive 20,000 Free Quarters!
Limited (3 left of 4)
Meet George in person in NYC and also receive 20,000 Free Quarters!
Generally, players don't directly purchase in-game assets. Instead, players buy packages of in-game coins (or gems, etc.) with USD, and then use these coins to make purchases.
Quarters replaces these in-game coins. Like in-game coins, players can buy Quarters with USD . Unlike traditional in-game coins, Quarters can be used within the original game as well as any other participating Quarters game.
We will acquire users in two ways. The first way is with a waiting list with tasks and rewards. The second way will with influencers. Influencers will play our games and their viewers will be intrigued by the games and want to learn more.
I believe block chain is the future and hand held and VR tech is the next boom.Tony BackusInvested about 5 hours ago
my daughter is an animator for a game company. this looks like this will help their industrydaniel rohrsInvested about 18 hours ago
I like online gaming, think there is a future in it, and wanted to try republic.Phillip GentryInvested 3 days ago
I believe in the company to chance how game currency can now be transferred.Thanh Thảo PhạmInvested 3 days ago
I invested in an awesome idea for both investers and gamers alikeJamie CorcoranInvested 3 days ago
Forward thinking solution and incorporates new digital coin technology.Maria VasileInvested 4 days ago
Quarters has an excellent team tackling a real problem. I'm excited to help them break down silos across games!Matthew MarkusInvested 4 days ago
I invested because I believe in the future potential of Quarters.Hoon TanInvested 5 days ago
I believe Quarters will be a legitimate and welcomed service for gamers, as well as a rewarding investment in the crypto space!Tim DarnellInvested 6 days ago
I love crypto & games, and have lost many game tokens over the years! Great idea that I can't wait to see come to fruition.Chris RacusenInvested 8 days ago
Better shot at riches than buying stocks,$500Mark WesterfieldInvested 9 days ago
Because of the enormous potential of the online gaming industry and the company's focus on developers. The investment advisory service of which I am a member has strongly recommended to me.Facundo VillaInvested 9 days ago
It makes common sense to have a product like this.Patrick DoyleInvested 9 days ago
This company is going far. Its concept is ground-breaking.Bob JudgesInvested 10 days ago
I believe in Team Weiksner and I think this is a simple, logical solution for an obvious problem.Taylor JacobsonInvested 14 days ago
I like the concept of this and believe wholeheartedly that this is a movement in both the gaming industry and cryptocurrency. Also, if Michelle Phan is backing, her word is golden, so it also helps me to believe in it's full potential. ;)Alicia LewInvested 14 days ago
I believe this will change the future in gamingEileen BritoInvested 14 days ago
I love Michelle Phan and gamesNga NguyenInvested 14 days ago
I just like the business plan.Kendall WoodInvested 15 days ago
I believe in the concept and realize how popular it is; however I'm not into gaming myself.Judy BlechaInvested 16 days ago
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