From MobileGo.io

"We are holders, not shorters." -

Hey Fellow Steemian Traders and Crypto-enthusiasts!

In a previous article I wrote mentioning MobileGo, I focused on the various MGO characteristics that make the token appealing to investors and developers alike. This included the synergies created by the MobileGo-GameCredit combination; the quarterly profit MobileGo buyback program; and why this team might be able to truly compete with Google Play and Apple's App Store.

After participating in the MobileGo ICO, I have become a major follower and soon major supporter of the GameCredit-MobileGo community -

• their ICO was the largest ever at its time raising $53m;
• At least 50% of ICO funds will be used for marketing to on-board users;
• and the gamer community is tech savvy, poised to be first mover into this innovative incentive system

MobileGo Buyback Program Document

At the beginning of writing this article, I realized I truly did not know enough about the MobileGo path and goals - I hadn't listened to their team members speak or anything. This lack of knowledge brought me to watch this extremely informational and helpful video below.

The video is about an hour long and features Sergey Sholom, VP of Business Development at Gamecredits and CEO of Datcroft Games. Sergey focuses heavily on the user acquisition costs and marketing side of their products, investor returns too. He mentions that MobileGo/GameCredits will not need another ICO moving forward, something investors definitely want to know...MGO/GAME - now is the time to get in an early position.

Unlike many cryptocurrencies on the market, MGO-GAME already has a product on the market - the GameCredit Mobile Store. Why is this a big deal? MobileGo token is down to $1.11 today. Prime time to buy if you ask anybody who has been following this project.

MobileGo Buyback Program

At the end of each quarter, 10% of GameCredit Mobile Store profits will be used to BUYBACK MobileGo tokens to BURN. Anybody who is even the slightest bit business savvy understands the basic laws of supply and demand. There are only 70,000,000 MGO tokens on the market. If the team has a strong quarter, a MAJOR chunk of these MGO tokens can be taken off of the market, creating an artificial drop in supply. Even stagnant demand growth leads to a technical increase in overall demand when supply drops.

This is a big deal when Apple's App Store saw upwards of $8 billion in revenue during 2016...if the GameCredits team is even takes 1% of that is $80 MILLION....so let's say 50% of that is retained in the MGO token market cap - at $76,568,100 with a $1.09 token price, we would see an increase to $1.66 per MGO token. That's over 50% growth with such low amount of cash flow into MGO. One of the major synergy created by the MGO-GAME combo is creating a payment processing method. Remember, Apple isn't the ONLY app store out there - there are HUNDREDS in Asia...this is a global company here.

CoinMarketCap

The piece of art above is a watering color painting by Steemian Artist @coloringiship. Thjs original piece of art can be found at @coloringiship's original post here. I like to highlight Steemian Artist's work within my business-centric posts because it helps promote their work and gives my readers a bit of a change of pace. I really appreciate the above piece, Twilight Fairy, because of how euphoric and beautiful it is on the eyes - it kind of makes me feel like I'm living my dreams just looking at it. If you would like me to include your artwork, just make sure you re-steem this and comment on this post tagging another Steemian Artist d[^_^]b

Our mobile phones can support up to 100 players on the same screen easily.

What do you gamers think about this?
Investors? Is this enticing to you?
I bought a bunch of MGO at $1.24 a couple days back, but after listening to the video in this article...I'm excited to see what happens to the price of the MGO token. Sergey mentions 'surprises' quite a few times - make sure to get in before their user acquistion really picks up!

More information on the MGO buyback program can be found here.

For new cryptocurrency enthusiasts or potential investors, below are a few resources for you to learn where to purchase cryptocurrency:

• Where to purchase Bitcoin or other cryptocurrencies for beginners
• CoinBase - buy $100 worth of Bitcoin & we both get $10 in BTC d[^_^]b