For now, the DAO is another important feature of the metaverse that differentiates it from the current internet and virtual worlds. A DAO is an ideal structure because it leverages blockchain and smart contract technology to enable people around the world to interact freely based on a consistent structure of interests, incentives, and payments.

And now, a new paradigm DAO protocol based on BSC has come out, it is Meta Resident, which is an operating system with a new organizational form. MR is a DAO organization that aims to allow some people to enter the future first and become residents of the metaverse “meta”.

Description of Meta Resident

protocol. It is the world’s first Defi 2.0 application DAO protocol based on the great autonomous community. In the future, it can expand and link the entire ecology of the Defi layer 2 financial protocol. The goal of the birth of MR is to rebuild the security and trust of the community, gather the strength of each member to accomplish a goal together, integrate the imagination of talents in the blockchain field, and bring considerable benefits to each DAO member to maximize Social value.

On the basis of ensuring the fairness and legitimacy of asset issuance, and on the premise that the ownership of users’ pledged assets is sacred and inviolable, users contribute the liquidity of assets to obtain corresponding ecological rights, which is the core governance model that constitutes the MR ecosystem.

After the issuance of MR tokens, there are 2,000 whitelisted IDOs, and the remaining 8,000 tokens will be directly put into the PancakeSwap trading pool MR/BNB, and then the contract ownership will be discarded and the liquidity pool will be locked. Users need to purchase MR and then inject liquidity into the liquidity pool. After obtaining the LP certificate, you can become a formal DAO member by staking it.

At present, the slippage set by the MR ecology is 5%, and each transaction in the liquidity pool will be deducted. The DAO dividend pool can also regularly issue airdrop tokens for cooperative projects. The specific uses can be divided into the following:

1. DAO dividend pool 2%

The DAO dividend pool distributes dividends to all DAO full members according to the LP pledge weight ratio;

2. DAO treasury 1%

DAO treasury is used for MR growth period development expenditure to ensure the healthy growth of the overall ecology;

3. Deflation destroys 2%

Deflation burning by 2% can make the entire MR ecosystem continue to deflate until 2,100 tokens remain.

Meta Resident IDO

The MR ecology adopts a new internal economic incentive model, that is, the 10,000-fold plan. For details, you can follow the official MR information. It opens the door to an unprecedented organizational growth model. The specific IDO details of MR are as follows:

Token Name: MR

Blockchain Network: Binance Smart Chain

IDO platform:

Number of IDOs: 2000 (total amount of tokens 10000)

Limited subscription:

Whitelist rules:

1. Official Twitter @ and like and retweet the event tweet with the hashtag #MR #IDO;

2. Join the Telegram community:

3. Registration whitelist (Google form):

Epilogue

2022 is the first year of DAO, which is already a market consensus. Therefore, the core of our vision is to become a DAO of the latest paradigm, and to help DAO members enter the metaverse era, practice the Wanxian plan, and achieve financial freedom.

The reason why the blockchain industry is great is that it can always find a way for human beings to change. As the industrial age moves towards the information age, people need a new property rights system inherent in the era. As many people know, everyone seems to have seen that an important turning point in human civilization is coming.

Dfinity has a few competitive advantages compared to the rest of public chains: lower developing and operating cost, Reverse Gas Model, unlimited expansion capability, similarity to Web 2.0 functions and service models etc. The market consensus is that Dfinity has great potentials to become the “Internet Computer”.

ICPort is a one-stop-shop Acceleration Platform, supporting Dfinity start-ups to grow and scale faster, and providing investors easy access to early stage Dfinity projects .

Since April 2021, ICPort has provided supports to various start-ups on Dfinity (e.g. Dex, Web3.0, and NFT project, etc). We not only provide funding, but also a comprehensive package of other resources (e.g. marketing, operations, etc) to start-ups.

Projects in our portfolio:

1.Dmail

The first decentralized mailbox on Dfinity, which provides users 100% data ownership.

Website: https://dmail.ai/

Dmail team comment:“We believe Dfinity will become the leading blockchain in the future and attract thousands more users. Only Dfinity’s network can support a killer app like Dmail. Both Dfinity and Dmail will play a critical role in building Web3.0.”

2.IC Naming

IC Naming is a decentralized domain name server on Dfinity, which features the basic functions of Domain Name Server via a decentralized method, also an on-chain server corresponding to IP address and wallet address on Dfinity.

website: https://icnaming.com/

ICNaming CEO Tyler: “ICPort has a very strong tech team and provided hands-on guidance in our product development.”

3.ICES

Internet Computer Event System provides storage and analysis service for canister’s event logs on Dfinity

Website:https://www.ices.one/

ICES team comment:“With the help of ICPort, we have greatly accelerated our development of Simple Integration and Permanent Data Storage functions, which in turn, helps us to gain momentum on product promotion. ”

4.Orderswap

DEX platform that combines features of AMM and Order Book.

Website:https://delandlabs.com/#OrderSwap

OrderSwap CEO Witter:“ICPort has funded our seed round and also connected us to the reputable VCs and service providers in the crypto space, which is what we needed most when our project was at an early stage.”

5.ICP123

A pool of exciting Dfinity Projects.

Website:https://icp123.xyz

6.ICPad

Cross-chain launchpad and investment distribution platform.

Website:https://www.icpad.pro/

ICPad CEO Danny: “We see huge potential in Dfinity due to its features such as low developing and operating cost, Reverse Gas Model, unlimited expansion capability, similarity to Web 2.0 functions and service models etc.”

7.ICPmeet

Social app on Dfinity.

Website:https://www.icpmeet.com/

8.iBridge

DeFi protocol for cross-chain assets.

Website:https://ibridge.pro/

ICPort has also introduced a few innovative features to facilitate our incubation process — we have developed the Standardized Project Assessment Tool, based on our years of experience in crypto space as well as help from our advisor from PwC, who has a proven tracker in the due diligence market.

ICPort has been also actively communicating with Dfinity foundation and reputable investment institutions to bring more resources to the Dfinity community.

For project teams, we are excited to learn about your project, and would like to meet to discuss what support you are looking for, and how we can provide value to your business.

Twitter Space AMA Questionnaire Giveaway

There will be a small give away for our AMA audience and readers of this article, all you have to do is to answer a quick questionnaire with link provided below.

Submit this AMA Questionnaire for a chance to win 40 Hoo tokens. 10 lucky winners will be chosen at random after the submission deadline on 25/2/2022 midnight (UTC +8).

Submissions need to get at least 7 out of 9correct answers in order to be considered. Lucky winners will be announced on Twitter and contacted by our team to redeem their prize by 2/3/2022.

Link to do the questionnaire

Link to the AMA Recording if you want to listen to it again

Introduction

Denton : Hello Cole, could you introduce yourself to us, tell us a little bit about your background.

Cole : Hello, everyone, I am Cole form HSC. Good evening! Thank you very much for coming to this AMA , I am very excited! I have been in this industry for several years, and I believe deeply that Blockchain technology is born for revolution and creation.

That is the road HSC intend to realise.

Denton : It’s really great to have you with us Cole, can you tell us a little more about HSC, what is the vision behind it?

Cole : As you all know, Hoo Smart Chain is EVM side chain with two key principles: “open and friendly”.

HSC is also committed to broadening the blockchain world, and realise a complete ecological system. We want to give developers a low barrier to entry to blockchain development and the freedom to build decentralized applications, such as DeFi protocols , game-fi and social-fi. We want HSC to enhance our lives.

At HSC we constantly striving for breakthroughs, and believe that innovation is a positive sum game. We can all win and go further together.

Denton : I really agree that crypto has the potential to enrich our lives, by connecting people together in a way that has not been seen before. Recently I can see that HSC’s official website has redesigned, and given a very nice face lift. What is the motivation behind this ?

Cole : Maybe motivation is not quite accurate way of phrasing this.

HSC is constantly to innovate and achieve new breakthroughs; the revision to website is to show that HSC has new development direction and goal.

I am pleased to announce here that in 2022, HSC will take the direction of a visual blockchain. We will work to make crypto more accessible, and combine the values and application of web 3.0 into HSC.

In the future, every HSC wallet address will be an aggregator of value for the user.

Denton : Oh wow , I cannot wait to hear more about the plans for this year. To start off, are there any important plans or milestones for HSC this year?

Cole : Yes, I think lots of people will be confused about the visual blockchain.

We are still planning a lot of things this year, I hope those I can unveil them as they come along this year. And yes they will become our milestones if we can achieve them.

The first of the milestones is that the visual chain will be the first to come out. Meanwhile HSC will open registration for planets on the visual chain.

Yes that’s right, Planets ! I want to say something more about it. I have never mentioned anything about planets before. In new direction HSC will take, every address will be a planet.

You will be the owner or mayor for it. You can even do your urban planning and transportation system for it.

HSC gives value to the planet or address through your own operation and management. In comparison to SAND or Decentraland, which gives value to the price of the NFT. We will give value back to the users.

So everybody stay tuned! We invite everyone to HSC and manage your planet!

Denton : I just want to know when I can manage my planet, but we’ll come back to that later. What do you think will be the future development trend of DeFi in 2022?

Cole : 2021 was a breakthrough year for Defi. NFTs, GameFi, SocialFi, Metaverse, all have broken into the mainstream markets. It has brought extraordinary influence into not only the on-chain crypto world, but also off-chain in traditional markets.

Now if you were to look at development of DeFi in 2022, I think there are two notable aspects : One is security, this is an on-going and long term problem for DeFi, how do you balance the three aspects of the Blockchain Trilemma — Decentralisation, Scalability and Security ? With so many hacks that happening recently, Bitmart, KuCoin. Users need to feel safe about using DeFi and I think we are not there yet. We will do lots of things to improve this.

Denton : I totally agree with the security issue, I would not put my life savings in Defi at the moment. There so many hacks or scams.

Cole : Yes totally, everybody has experienced some hack or scam before, you don’t have the complete DeFi experience without them ! Even Musk wouldn’t put their life savings in DeFI.

The second aspect which I think is quite interesting, is the transition from DeFi to what I call De-Life, or Decentralised Life.

Whether it is finance, gaming, social media or art, they are all part of our lives. I believe the application of blockchain will make all these aspects more and more decentralised.

For example, the NFT craze has taken the art world by storm, and is leading the march onto decentralized art world. Needless to say finance is very much a part of our lives, and defi is leading the way!

Denton : Yes…maybe it is time to go BANKLESS (shoutout to our amazing friends at Bankless) Decentralisation is really going to make our lives better. That would be amazing.

Cole : Yes, and there could be so much more to decentralisation that we haven’t seen yet. For example DAOs is leading the way to decentralise the way we work, and the way we live.

For example decentralized education, decentralized book service, etc. We’ve all studied from when we are a child to become an adult and go to college (maybe). Education Study should be rewarded at every stage, not just an issue a certificate by a centralised college. You should be rewarded for your efforts and ability throughout your education. And others can even verify it like consensus!

I really look forward to seeing how all these will develop in the 2022 and the coming years. To decentralise our lives.

Denton : Wow the concept of De-Life is really interesting. I totally agree that decentralising will give benefit our lives great. Like bitcoin and Ethereum, their value partly comes from their degree of decentralision. This is very cutting edge developments! On to another cutting edge concept… HSC put forward the concept of a “visual blockchain”. To my knowledge, unique to the industry, could you give us some examples of this ?

Cole : I think all of our friends will be curious about this visualisation.

Well, simply all ecological projects on the chain will be alive and presented visually.

They will exist in the form of shops, buildings, parks or whatever you can imagine on that planet.

Every on-chain address will correspond to the users planet , and every planet will be unique. We can see the activity of each planet in a ranking, which will correspond to its visitors, interactions. This will then accrue or add value for the planet! Each user and build their planet as they like !

For example, you will find the top ranked planets, then the top planets will have 10,000 visitor weekly. That’s awesome, I want to buy some land on that planet, maybe put some advertisement there. This is the value of that planet.

If you planet is really well designed , then more people will be attracted to your planet, because of your effort you put into it.

Maybe Denton you like games, so you may have a very cool gaming themed planet. You are always interacting with the game-fi projects and you get those items and display it on your planet. You’ll manage your planet, and it will attract people who are also interested in games.

Denton : Oh yes, you got that right ! like games [a lot] but you can do a lot more! A gaming planet would be pretty cool. Imagine if you could play to earn, and games like Axie Infinity is making a big influence in the industry.

But how will the visual chain impact the future development of DeFi?

Cole : Traditional DeFi Models are project-centered. The merits of the project and market sentiment determine the value of the project, but the interactive value of users has not been shown.

Therefore, you may understand the process of learning, interacting, and participation of a project to be a kind of “Proof of work”. In this case we will try to give value back to it’s users.

Back to your planet Denton. You can put your DEX on one spot, your game NFTs in another spot it’s really convenient interface to use. I enter the your planet, and its well organised, I can just click on your buildings and start interacting with the protocols myself. As more and more people use your planet, value will accrue like a bit like land value !

The value of your planet will be higher, because of your effort to organise it !

Denton : I really can’t wait to organise my planet ! But it seems like it won’t be easy to achieve, what kind of specific differentiated services can the HSC platform provide to realise this vision ?

Cole : I’ll go through them here :

1. Ecosystem Visualization:

The visual chain will provide a dynamic ecological landscape with a life cycle, so that all participants can understand the rise and fall, boom and bust of each project. You will be able to visualise the on chain data and you can navigate around the different planets, and just like walking on a city street, you will find which restaurant has a really long queue or which has been closed for upgrade, or which milk tea shop has been closed down replaced by a crypto OTC counter !

2. Visual Bills: In addition to writing a record on blockchain, each interaction of an address on HSC will also generate a building block of the interactive project. That means Interaction to make eco-landscape grow, and eco-landscape to flourish each planet. At the same time, everyone can check their own Gas Fee consumption and monthly or annual interactive reports on HSC.

Denton : Yes I certainly can do with checking our how much gas I wasted on Ethereum mainnet , probably too much.

Cole : 3. Personalized management: Each planet (address) can plan or build their own planet landscape and determine rules themselves. Users can participate in ecological interaction through other planets and the exposure of each planet will be displayed to public.

4. At the same time, HSC will provide the best support environment for all projects giving them soil and sunshine to grow. Such as the Cosmic Origin Project Grant plan, all-round market support and technical support.

Denton : OK so when can I build my planet !? Sorry what I mean is…. what are the immediate goals of HSC?

Don’t worry we will let you build your planet when we test it !

In line with our motivation to make DeFi more accessible , we will continue to pursue the key to DeFi world so to speak, and open the door of Defi to more and more users.

The short-term goal is to focus on User Friendness, to realize the first phase of creating a visual blockchain and to start incorporating a DAO structure to HSC.

Denton : You know I am into DAOs.

Cole : In the long run, as a metaverse framework, HSC wants to change the heavy reliance of value aggregation on DeFi Projects. We believe the blockchain technology is so much more. By incorporating core ideas from De-Life , Web 3.0, I believe each planet on HSC can accrue value from all kinds of interactions, and grow our ecosystem into an entire Metaverse.

Denton : Now that there are many leading public chains such as SOL, AVAX, BSC, etc. in the market, what is the core competitiveness of our HSC?

Cole : This is a very good question about the overall position of HSC.

This is something we have been thinking about a lot. Right now, a lot of the impression of each public chain is still focused on the projects on chain, gas price and its logo. HSC also focus on its users and HSC will become front and center visible to the world.

This vibrant ecosystem will make up our landscape, finally HSC will become an accessible metaverse in the future.

I believe this will be the trend of future development.

Denton : Annnd That is a wrap.

We hope everybody enjoyed their time with us here tonight, thank you all for joining.

If you have any questions just get in touch on any of our social media channels.

We will be hosting more AMA with various guests in the coming months. So please stay tuned to our Twitter, Telegram and Discord !

Oh and don’t forget to checkout our new Website !

Thats it, Thank you Cole for sharing your vision with us, and thank you everybody for joining us, good evening / day wherever you are !

Thank you !

-END –

Link to the AMA Recording if you want to listen to it again

More than 2,000 years ago, the cognition that subverted the world came from thinkers; more than 300 years ago, the cognition that subverted the world came from scientists; today, the cognition that subverted the world is most likely to be generated by blockchain practitioners; It is very likely that cognition occurs in algorithms, not humans.

In the past year, the Metaverse and DAO have flourished. As the outlet of the blockchain, this is definitely the new development mission of the industry in the future.

The large-scale emergence of DAO actually means a major turning point in human civilization. In the future, the entire human race will move towards a decentralized civilization, which can also be said to be an era of algorithmic civilization.

At this critical time node, Meta Resident (hereinafter referred to as MR) was born. MR takes the important task of human civilization progress, rebuilds the safety and trust of the community, and gathers the strength of each member to jointly accomplish a goal and integrate The imagination of talents in the field of blockchain can be used to maximize social value.

Meta Resident

Blockchain is the second Internet revolution, and the value and business it creates can be compared to the Internet’s contribution to information and media. By completely eliminating fault and trust issues, it enables an unprecedented level of collective coordination that forms the technical foundation of DAOs.

MR is a Defi 2.0 application DAO protocol based on blockchain technology. It is a second-layer Defi financial protocol that can expand and link the whole ecology in the future. MR aims to allow some people to enter the future and become the DAO organization of the Metaverse “Meta” Resident.

MR has the core spirit of Web3: positive, transparent, and win-win, MR coordinates the network through true ownership of contributors’ work and community relations. When everyone owns a part of the network, and the success of the network depends on their actions, more and more people will choose to join, and the whole ecosystem will grow stronger and stronger.

Many other DAOs are still an abstract concept today, and a key point of their failure is the lack of a solid framework for decentralized blockchain governance. MR is different. It is an open and generalized DAO smart contract framework that enables decentralized supervision and collective value management on the blockchain.

Just as HTTP enables the creation and interoperability of websites and web applications, MR enables the creation of web companies, collaborative applications and DAOs, giving each member voting and governance rights, and aligning their interests to ultimately build A new open collaboration network. In this network, collectives can organize themselves around shared goals and values, going beyond pure economic growth.

Moreover, in order to show the meaning of community to the world, MR has created a 10,000 times plan. MR is a key step for society to move towards a multi-collaborative and sustainable future development, and it is a great community cause for the entire mankind.

Meta Resident 10,000 times plan

In order to develop a DAO to a corresponding scale, traditional marketing is not enough. Therefore, in our transition to the world’s largest metaverse DAO, we must build a tight-knit community of DAO contributors who can work with the core MR team to operate the network, and we will give them excess benefits, We call this plan: MR 10,000 times plan. Only the official DAO members of MR can really enjoy the dividends of the 10,000 times plan.

In the MR ecology, the total number of tokens is 10,000, of which 2,000 are IDO and 8,000 are injected into the liquidity pool. Users need to purchase MR from the liquidity pool, inject MR/BNB liquidity, hold the LP liquidity certificate and pledge it into the DAO protocol, and then activate as a formal MR ecological member, with voting rights, casting rights, and dividend pool dividends.

In the early days of the 10,000 times plan, due to the low market value of only 200,000 US dollars, each DAO member needs to buy MR tokens, and then feed them back into the liquidity pool to get LPs to become full members, adding a lot of capital to the liquidity pool, plus 2% Continued deflation and destruction ensures that the tokens are deflated to 2100 pieces, and the token price will continue to rise. The token price will be 100 times from 20U to 200U and then to 2000U after the Swap transaction is opened. At this time, it belongs to the development dividend growth period of MR. All can quickly profit from it, just to expand the ecology.

When the community develops to a certain level, the MR ecology will develop the ecology through a large number of metaverse chain games, and each project will mint application coins, which will be presented in the form of MR01, MR02, MR03….

Example: You have 2 MRs, each 2000U, worth 4000U, split and exchanged for 20,000 application coins MR01, each 0.2U starts to enter various applications such as chain games, NFT, Metaverse, and DeFi (detailed in the ecological application chapter). ); the currency price from 0.2U to 2U is 1000 times, and then to 20U is 10,000 times!

At that time, we can proudly announce that MR is a great invention of the entire human organization transitioning to DAO. It subverts the new profit-oriented community mechanism with beliefs and values. Currently in the infancy of DAO, we firmly believe that DAO will become the most A valuable invention.

Epilogue

As the most advanced DAO model at present, MR has a complete economic model design and planning. The total amount of tokens in the early stage is small and can be fully autonomous. Members can directly establish liquidity, improve the DAO ecology, and also enjoy dividends and liquidity benefits.

Constrained by smart contracts, the distributed blockchain community organization form that jointly creates, acquires and distributes community value has the characteristics of decentralization, tokenization, autonomy, autonomous rationality, openness and transparency. In line with our imagination of the future, grasping the future is now!

D on the crypto-pass economic system. 

CryptoKnight changes the profit model of the production team, linking the interests of the production team to the long-term ecological development of the game, while players can share the dividends of the game's development.

CryptoKnight has received strong support from GREYROCK and UB CAPITAL, and has received a $5 million investment to develop and build the entire CryptoKnight ecosystem, with team members dedicated to CryptoKnight's technical development, transparent governance, and community service to promote the long-term sustainability of the game. The team is committed to the long-term development of the CryptoKnight project. The team's governance goal is to ensure the sustainability of the CryptoKnight 30 www.cryptoknightp2e.com project, the effectiveness of its management, and the safety of the use of funds. The team is committed to using all funds received for the CryptoKnights' technology development, community development, and eco-building of the CryptoKnight project.

The Metaverse GameFi CryptoKnight's official website will be launched on February 7.

The Metaverse GameFi CryptoKnight (CK) will be officially launched sale on the website on February 7. The project announced the completion of a $5 million seed funding round led by GREYROCKFUND and UB CAPITAL.

To reach the good return of the game, CryptoKnight 1.0 will only accept a maximum of 4,000 gamers to register.

Game Background

At the beginning of creation, light and darkness were separated from chaos, transforming the light into heaven. In the heavens reside the most powerful creatures; these are the Angel of Justice Gwendolyn, Angel of Courage Alfredo, Angel of Wisdom Elvis, Angel of Fate Helena, and Angel of Hope Melany. Darkness is transformed into hell; there live the three demon gods in the depths of hell! The Demon of Fear Henrietta, Demon of Doom Norton, and Demon of Hate Yehudi.

When light and darkness were separated, a piece of Sacred Water fell from the sky. Sacred Water can rejuvenate a life force, and this water can be a weapon of destruction when placed in the wrong hands. Sacred water caused the angels and demons to carry out a war that lasted for tens of thousands of years, but not every angel and demon are willing to oppose each other. With the help of angels and demons who are willing to live in peace, Angel of Justice Gwendolyn obtained Sacred Water and created the Place of Sacred Water. Because of the powerful effect of the hybrid, Bryanna was born with powerful abilities and the ability to protect the Place of Sacred Water.

But because of some unknown reasons, some people in the Place of Sacred Water were compelled by the demons in hell. Eventually, Sacred Water was stolen; from then on, the Place of Sacred Water lost its shelter and fell into the darkness, and this period was known as the “Shadow Age.”

Only the strongest of the warriors will be able to get the Sacred Water from the abyss and depths of hell.

Character obtainment.

Create a character: 100 $MOL (100% destruction)

(Get a random Hero)

Recruit Soldier: 10 $MOL (100% destruction)

(Soldier, can only participate in Land Instance, can not be traded, can not be upgraded)

Hero Mystery Box can be purchased with $MOL

(7 kinds of characters, each Hero is level 1 at the beginning, can rise to level 50)

Players can enter the game for 7 types of Hero that are randomly Obtained:

Savage: Power-based, specializes in Melee Physical Attack

Knight: Power-based, specializes in Melee Spells Attack

Mage: Intelligence-based, specializes in Ranged Spells Attack

Thief: Agility-based, specializes in Melee Physical Attack

Hunter: Agility-based, specializes in Ranged Physical Attack

Priest: Intelligence-based, specializes in Auxiliary

Master: Intelligence-based, specializing in Black Magic Ranged Attack

Hero Level Up

The newly created Hero is level 1, has no attribute value, and can only participate in Land mining.

Level 1~10, every 1000 EXP value + 10 $MOL can be leveled up with a 100% success rate.

Level 10～20, every 2000 EXP value + 20 $MOL can be leveled up with a 70% success rate.

Level 20～30, every 4000 EXP value + 40 $MOL can be leveled up with a 50% success rate.

Level 30～40, every 8000 EXP value + 80 $MOL can be leveled up with a 30% success rate.

From level 40 to level 50, for every 16,000 EXP + 160 $MOL can be leveled up with a 10% success rate.

Please note that you may fail when you level up your advanced character. If the level-up fails, your character will be permanently lost.

Notes:

1. Each character initial Energy is 5 Energy: can participate in 5 times Instance (can use Energy Potion, increase 1 Energy that can play 1 Instance again)

2. Using Asylum Card, NFT characters do not explode the card, retain the original level, the current EXP to zero, level up materials, or destroy materials.

Dungeon Instance:

Level 2-10 (EXP +Regular Treasure Box)

Level 10-20(EXP +(Regular Treasure Box/Bronze Treasure Box, random a Treasure Box)

Level 20-30(EXP +Bronze Treasure Box)

Level 30-40 (EXP +Bronze Treasure Box/Silver Treasure Box, random a Treasure Box)

Level 40-50 (EXP +Silver Treasure Box/Gold Treasure Box, random a Treasure Box)

Level 50 full level Dungeon (EXP + Gold Treasure Box)

Treasure Box Details:

Regular Treasure Box: (0.1～10$MOL+ White Weapons Shard/ White Weapons Blueprint )

Bronze Treasure Box: (0.5～20$MOL+ Green Weapons Shard below/ Green Weapons Blueprint below)

Silver Treasure Box: (2～50$MOL+ Blue Weapons Shard below/ Blue Weapons Blueprint below)

Gold Treasure Box: (5～100$MOL+ Purple Weapons Shard以下/ Purple Weapons Blueprint below)

Notes:

1. Every time you play Instance, you will get 25 EXP, and if you fail the challenge, you will also get 25 EXP.

2. Participate in Dungeon will get Treasure Box, Treasure Box has Weapons Shard/Weapons Blueprint/$MOL random.

Weapons obtainment:

Gear Mystery Box: 100 $MOL(100% Destruction)

(random item: Weapons, Weapons Blueprint, Asylum Card, and Weapons Shard)

1. Weapons Types:

Knight: Axe(White – Green – Blue – Purple – Gold)， Mystery Box random Obtained， White Highest probability， Gold Lowest probability

Mage: Staff(White – Green – Blue – Purple – Gold)， Mystery Box random Obtained， White Highest probability， Gold Lowest probability

Thief: Firearms(White – Green – Blue – Purple – Gold)， Mystery Box random Obtained， White Highest probability， Gold Lowest probability

Hunter: Bow(White – Green – Blue – Purple – Gold)， Mystery Box random Obtained， White Highest probability， Gold Lowest probability

Savage: Gloves(White – Green – Blue – Purple – Gold)， Mystery Box random Obtained， White Highest probability， Gold Lowest probability

Master: Sword(White – Green – Blue – Purple – Gold)， Mystery Box random Obtained， White Highest probability， Gold Lowest probability

Priest: Magic Guide Book(White – Green – Blue – Purple – Gold)， Mystery Box random Obtained， White Highest probability， Gold Lowest probability

2. Weapons Synthesis:

Weapons Blueprint 5 levels (White – Green – Blue – Purple – Gold), corresponding to different levels of Weapons Shard, requires the same level of Weapons Blueprint + consume the corresponding Knowledge to synthesize Weapons.

3. Synthesis Expense: (Knowledge )

White: 1 Knowledge

Green: 2 Knowledge

Blue: 4 Knowledge

Purple: 8 Knowledge

Gold: 16 Knowledge

Arena:

Arena: Send your Hero team to compete in the arena, win and get the trophy!

1. Daily ranking rewards: each day, there will be a ranking based on the number of trophies.

Trophy Ranking

The top 100 users of Trophy for the day will be rewarded:

Daily Rewards

First place: 100$MOL+3 Asylum Cards

Second place: 80 $MOL + 2 Asylum Cards

Third place: 50 $MOL + 1 Asylum Card

Fourth place: 30 MOL + 1 Asylum Card

Fifth place: 20 $MOL+1 Asylum Card

Sixth to tenth place: 10 $MOL+1 Asylum Card

Eleventh to 100th place: 5 $MOL

Land Plan: (100% destruction)

1, Land Pre-sale Phase 1: 100 Land

(Pre-sale 1 Land=1000 $MOL)

2, Land Pre-sale Phase 2: 100 Land

(Pre-sale 1 Land=2000 $MOL)

3, Land Pre-sale Phase 3: 100 Land

(Pre-sale 1 Land=3000 $MOL)

Land limited edition :

100 pieces of Hunter Land

100 pieces of Fairy Land

100 pieces of Dwarf Land

Three Major Lands:

Hunter Land produces EXP – Sacred Water

Fairy Land produces Energy – Sacred Water

Dwarf Land produces Knowledge – Sacred Water

Land upgrade rules:

Level 1 Land: Population cap of 1000, Land element tax of 5%

Level 2 Land: Population cap 2000, Land element tax 6%, elemental production value increased by 10%

(Population reaches 1000 + consume 1000 $MOL to upgrade Level 2 Land)

Level 3 Land: Population cap 3000, Land element tax 7%, elemental production value increased by 20%

(Population reaches 2000 + consume 2000 $MOL, upgrade to Level 3 Land)

Level 4 Land: Population cap 4000, Land element tax 8%, elemental production value increased by 30%

(Population reaches 3000+, consume 3000 $MOL, upgrade to Level 4 Land)

Level 5 Land: Population cap 5000, Land element tax 9%, elemental production value increased by 40%

(Population reaches 4000+, consume 4000 $MOL, upgrade to level 6 Land)

Level 6 Land: Population cap 6000, Land element tax 10%, finance tax 1%, elemental production value increased by 50%

(Population reaches 5000+, consume 5000 $MOL, upgrade to level 6)

Level 7 Land: Population cap 7000, Land element tax 10%, finance tax 2%, elemental production value increased by 60%

(Population reaches 6000+, consume 6000 $MOL, upgrade to level 7)

Level 8 Land: Population cap 8000, Land element tax 10%, finance tax 3%, elemental production value increased by 70%

(Population reaches 7000+, consume 7000 $MOL, upgrade to level 8)

Level 9 Land: Population cap 9000, Land element tax 10%, finance tax 4%, elemental production value increased by 80%

(Population reaches 8000+, consume 8000 $MOL, upgrade to level 9)

Top Level Land: Population cap 10000, Land element tax 10%, finance tax 5%, elemental production value increased by 100%

(Population reaches 9000+, consume 9000 $MOL, upgrade to top-level Land)

Notes:

1. Elemental tax is derived from; if there is a user in the level one to level ten land, digging a Sacred Water, the system will calculate an additional 5%-10% to the Landholder.

2. The finance tax comes from; if a user participates in Dungeon from level 6 to level 10 land, the system will calculate an additional 1%-5% of the $MOL to the holder of the Land where the user is located.

Land Instance:

Level 1～Level 20 Land Mining

Hunter Land can produce 5 EXP in 24 hours

Fairy Land can produce 0.1 Energy in 24 hours

Dwarf Land can produce 0.1 Knowledge in 24 hours

Level 20～Level 40 Land Mining

Hunter Land can produce 10 EXP in 24 hours

Fairy Land can produce 0.2 Energy in 24 hours

Dwarf Land can produce 0.2 Knowledge in 24 hours

Level 40～Level 50 Land mining

Hunter Land can produce 25 EXP in 24 hours

Fairy Land can produce 0.5 Energy in 24 hours

Dwarf Land can produce 0.5 Knowledge in 24 hours

Notes:

EXP = 50 EXP + EXP Bottle + Synthesis = (EXP Sacred Water)

Energy =1 Energy + Energy Bottle + Synthesis=(Energy Sacred Water)

Knowledge = 1 Knowledge + Knowledge Bottle + Synthesis=(Knowledge Sacred Water)

You need to buy the corresponding Bottle from the store to correspond with the Sacred Water.

Available for purchase in the store:

EXP Bottle: Capacity (50 EXP ) = 2 $MOL

Energy Bottle: Capacity (1 Energy ) = 2 $MOL

Knowledge Bottle: Capacity (1Knowledge ) = 2 $MOL

(90% of Bottle purchases are used for destruction, 10% for Land Ranking Bonus Pool)

Land Ranking:

Land tax ranking bonus, the top 10 in the total tax amount of the day will get $MOL, and the $MOL is the $MOL spent by the user to buy Bottle; 10% is used for the Land ranking bonus.

Land Tax Top 10 Bonus:

First Place: 20%

Second Place: 15%

Third Place: 10%

4th to 10th place: 55%

Tokenomics

Token Name: $MOL

Total number of tokens issued: 1 billion

In-Game Rewards 99%

will be divided into two parts:

90% for reward character mining

9% for ecosystem rewards

0.1% IDO (no lock-in)

0.1% Institutional: (10% released the same day, the remaining 90% released linearly over 36 months)

0.2% Private Equity: 0.25U (10% same-day release, 90% linear release over 36 months)

0.3% Foundation: (10% same-day release, 90% linear release over 36 months)

0.3% Founding Team: (10% release next month, 90% linear release over 36 months)

Production reduction mechanism:

Halving rule (Population valve) ≥ 50000 total Population, the game output Sacred Water / each Population increment by 100%, the corresponding will halve the output; (as follows: 10W (-50%), 20W (-50%), 40W (-50%), 80W (-50%), 160W (- 50%), 320W (-50%) and so on (each Hero/Soldier count 1 Population)

Multiplayer:

We will open multiplayer team mode in the future higher difficulty Dungeon, using Flash rich media technology, with reasonable design and stable system, supporting a large number of users online at the same time. The game will be designed with a friendly human-machine interface, recreating the magnificent war scenes in the game’s background lore. Players can explore and upgrade with their companions in the game’s virtual world, and only with multiplayer teams can they achieve ultimate victory in the higher-difficulty Dungeon.

Overall, the emergence of metagaming chain tour track ushered in a new round of reshuffle, in the mainstream game company impact and the role of the market itself, most of the current chain tour may be eliminated by the market, only innovation landing to open up new roads, and even to promote the qualitative changes in the industry.

Roadmap:

January 25: Beta version

(Land, Land mining (manufacturing Potion) Hero Mystery Box, recruiting Soldier, Weapons Mystery Box)

Hero Mystery Box: 100USD

Weapons Mystery Box: 100USD

Recruit Soldier: 10USD

Purchase Land: 1000USD

Bottle: 2USD

(Test Beta version benefits: non-censored)

February: Official Launch

(Daily Instance, Daily Ranking, Land Ranking)

Hero Mystery Box: 100 $MOL

Weapons Mystery Box: 100 $MOL

Recruit Soldier: 10 $MOL

Purchase Land: 1000 $MOL

Bottle: 2 $MOL

(Repurchased $MOLs are transferred directly to BSC blackhole address)

March: Built-in NFT marketplace launched

April – June:

the second phase launched, Hero quality / Weapons quality upgrade, Hero exclusive Weapons, Hero exclusive Instance, Land battles

July to December: Global Club Season

2023: $MOL mainnet launched

Contact us

Website:

https://www.angelsoul.vip

Telegram:

https://t.me/AngelSoulOfficial

Twitter:

https://twitter.com/angelsoulvip

As a known fact, NFT has set off huge waves in the art world. And in music area, the hurricane effect of NFT is also as scheduled. As NFT become the focus of the music industry, Kolo, which has been incubated by Kuke, has also officially launched. The first trade opening time of the KOLO platform is GMT 7: 00, Jan. 20th, 2022. The first batch of released online works are representative recordings of contemporary top artists. Next, there is the introduction of these cherished artists for everyone:

What artists will be in the starting lineup?

One of the most outstanding pianists in the 20th century

The writer of the first lot is the Austrian pianist, composer Friedrich Gulda. Gulda is a unique genius in the history, who has achieved huge success in classical and jazz music. In the classical music field, the Beethoven Piano Sonata played by him is considered one of the best versions in the history. Since the 1950s, he got interested in Jazz and improvisation. So, he wrote several songs and instrumental pieces of his own, sometimes, he would also combine Jazz and classical music in his concert. It was this boundary-crossing unorthodox approach that earned him the nickname “Pianist of Terror”, but Gulda is also widely recognized as one of the greatest pianists of the 20th century. His bold innovation of classical music is exactly in line with the core idea of Kuke — “Sound of innovation” — inheriting classics, embracing technology and innovating constantly.

The greatest cellist since the last century

The second item is from Pablo Casals’ performance of Bach’s six suites for Cello, which is described as the unsurpassed absolute classic of cello works. This legendary work is ill-fated. Until 1890, in a second-hand music shop in Barcelona, a teenager Casals stumbled upon the scores which was wrote by Bach in early 18th century. After 12 years of painstaking study and practice, he performed the first song (BWV 1007) for the first time in public at the age of 25, and immediately shocked the music world. After a long struggle for perfection, the complete album was finally recorded at his age of 60. His version remains unique for its powerful, impulsive and soulful conviction. Casals is now considered the greatest cellist since the last century. He greatly enhanced the status of cello as a solo instrument with his amazing performance and work development ability.

One of the most eminent violinists of the 20th century

Third up for sale was Ginette Neveu’s Brahms: Violin Concerto in D major. Neveu’s recordings are few and far between, but they remain in the catalog. The Brahms Concerto is one of her best recordings in 1946. Brahms’ only violin concerto, Violin Concerto in D major, Op. 77, is wrote in 1878, which was dedicated to his friend, the violinist Joseph Joachim. Joachim praised it as one of the top four German violin concertos. Despite the age of the recording material, Neveu is still one of the few geniuses in history to have recorded something truly infectious. In 1949, when she was at the peak of her career, Neveu was killed in a plane crash while on tour, and the music world had lost one of its greatest talents. People can only marvel at her electric live performances, track down her rare recordings and lament the untimely death of one of the biggest stars of the century. People can only marvel at the ups and downs of her live performances, pursue her rare wonderful recordings, sigh at the death of a century star.

The combination of NFT and the music industry has become a trend. KOLO’s launch will serve as a starting point and demonstration for the NFT of the classical music industry. KOLO will cultivate people’s consumption habit of paying for digital music, build a better music ecological environment, expand the global digital classical music works territory, and become the core competitiveness in the market.

Follow us:

Official website:https://www.kolonft.com/

Twitter: https://twitter.com/KOLONFT

Telegram:https://t.me/Kolonft

Discord:https://discord.gg/58AcBS3TFW

Nowadays global blockchain-related products are flourishing, compared with the affected by the majority of the industry, which is still in a “dividend period”.

At the same time, there are thousands of trading platforms around the world to provide various types of digital asset trading services.Thus, how to stand out in the fierce competition among peers is a test for every exchange.

Biking Exchange as an excellent newbie quickly entered everyone’s vision recently, and obtain a large number of users quickly. Why Biking Exchange stand out so quick? It is mainly its realization of the product and the market core competitiveness. On the one hand,more stable technology, better experience, richer and more innovative product features enhance user satisfaction in an all-round way . On the other hand, the better partner welfare , merchants and customers benefit activities,are supported fully by users,capital and partners.

Biking Exchange (www.wang.com) is the world’s leading compliant professional blockchain derivatives trading platform, headquartered in Singapore, adhering to the trading philosophy of “safety, freedom, and user first”, serving Europe, America, and Southeast Asia , Hong Kong, Singapore and other 35 countries or regions in more than 120 countries to start trading services.

Biking is committed to providing users with safe and convenient transaction services with a team of blockchain technology experts from the world’s top 100 companies, integrating the world’s top security technology.

Innovative Product, Rich Gameplay, Safety and Reliability

Innovative products: six functions to enhance user experience

For an exchange, continuous product innovation is the original driving force supporting its development. Since its establishment, Biking has continuously developed special functions including bonus trading, cross and isolated mode, trailing stop order,partial liquidation, partial closing, inverse contracts, margin addition, etc.

1.Cross and Isolated Mode

Margin in cross margin mode is shared among the user’s Margin Account:

Assets in cross margin account are shared by all positions.Margin level is calculated according to total asset value and debt in the Cross Margin Account.Each user can only open one cross margin account, and all trading pairs are available in this account. The system will check the margin level of the Cross Margin Account and notify users about supplying additional margin or closing positions. Once liquidation happens, all positions will be liquidated.

In the isolated mode, each trading pair has an independent Isolated Margin Account. Margin level is calculated solely in each Isolated Margin Account based on the asset and debt in the isolated. After the margin loss of a order reaches the Max SL, it will be forced liquidation,as same as in the Max TP.

Note: Cross and Isolated Mode can’t be opened at the same time.

2.Trailing Stop Order

After trailing stop order is activated, all opening and closing position actions of the trader will be executed simultaneously, and synchronization cannot be completed only when the account balance is insufficient or exceeds the upper limit of the position. If there is no manual cancellation of the trailing stop order, the order will continue to be enabled.

3.Partial Liquidation

When holding a certain number of long or short positions, the closing amount can be chosen freely according to market changes and PNL. At the same time, the PNL amount of the position will also be based on the ratio of the closing amount to the total margin, etc. Proportional settlement, the floating profit remains unchanged after the position is closed.

4.Inverse Contracts

The system will automatically close the currently selected holding position at the best market price, and open the same number of positions in the opposite direction at the best market price to avoid missing the reversal market or too late to open the positions.

5.Margin Addition

When holding a certain number of long or short positions, the margin can be added based on the various parameters of the current position, and the position coefficient after the increase will be calculated according to the weighting formula of the respective position parameters when the position is opened and the margin is added.

How to play?

In terms of gameplay, the Biking Exchange has innovatively developed two major functions: fast contracts and bonus transactions.

Fast contract: 0 slippage, easy to use, and smoother experience.

Biking Fast Contract (CFD) is developed by Biking for the new market of expanded contracts. It has the advantages of 100% transaction, smooth order placement, rapid response, and0 slippage.

The first is a convenient experience. Contract trading is more complex than spot and other trading methods, and a friendly user experience is particularly important under such conditions. CFD has one-click opening and closing, partial closing, one-click reverse opening, quick closing and other functions, which are very convenient to use.

Then there is a high-quality trading experience with 0 slippage and one-click transactions. One of the core advantages of CFD is the real realization of zero slippage one-click trading.

Then there is friendliness for newbie. The functions of the CFD are concise and clear, without many requirements of the cumbersome traditional contract products, which are more friendly to newbie.

Finally, it is user-friendly for large users. There is no fee for opening a position in the currency CFD, and a 0.075% transaction fee is charged for closing a position, and the fee is relatively low. At the same time, when the user’s position risk rate reaches 10%, the liquidation will be triggered, allowing users with large funds to freely choose a higher leverage ratio makes trading more flexible.

Bonus Trading: the innovative experience bonus mode is widely welcomed by users

Bonus trading is a new gameplay of special contracts launched by the Biking team for the entire network contract users. The operating process of bonus trading is the same as the real contract. The profit obtained from opening a position can be transferred to the contract account for continued opening. Deposits or withdrawals can be obtained through airdrops and task.

User Traffic, Global Compliance, All-round Customer and Business Benefits

1.User traffic: millions of users spread across 35 countries around the world , recognized by well-known capital

Biking has a digital currency trading platform compliance operating license and a financial derivatives compliance operating license. Since its operation, it has been favored by 1.2 million users worldwide, covering 35 countries including Singapore, Europe, South Korea, Hong Kong of China, and Southeast Asia.

At the same time, Biking’s comprehensive product services and strong user base have attracted the favor of world-renowned capital.

Currently, Biking Exchange has received a strategic investment of $20 million (equivalent to RMB 130m) from Singapore Capital Intabing. Intabing Investment will provide Biking Exchange with global market resource support, and will rapidly expand the global influence ofnBiking Exchange in a short period of time.

2.Global Compliance: Dual-country MSB license promotes global compliance to a new level

At present, Biking has won the MSB compliance operating license issued by Finance in the United States and Canada, which marks the phased progress of Biking’s global compliance.

The US MSB license is a type of financial license supervised and issued by the US Department of the Treasury. The main subject of supervision is money service-related businesses and companies, including digital currency, virtual currency transactions, and international payments. Companies engaged in the above-mentioned related businesses in the United States must apply for an MSB license in order to operate legally. At present, the industry’s well-known exchanges Coinbase, Huobi, Binance, etc. all hold the license.

The Canadian MSB license is issued by FINTRAC. FINTRAC is Canada’s financial supervision unit. It was established in 2000. It is mainly responsible for collecting, analyzing, evaluating and disclosing relevant information about the Canadian financial industry in order to protect Canada’s financial stability and security. The business scope of its fund supervision service is: foreign exchange transactions; transfer and remittance business; cashing or selling money orders; traveler’s checks; virtual currency transactions, etc.

The acquisition of the dual license signifies that the Biking Exchange’s global compliance process has entered a new stage, which will help it play its own advantages, better integrate high-quality resources, and further promote platform construction and technology development. Global blockchain financial derivatives provide better services.

3.Partners: Super high Commission Return + Rich Rewards

Biking currently has launched a limited time partner recruitment. Become a Biking partner within a limited time, which can be rich in rewards.

In the long-term agency rights of Biking, you can get up to 92% of the commission fee return of the first level + 10% of the second level of the commission fee return, and the agent upgrade can also get a maximum of $1 million experience bonus reward. During the event, all levels of agents can get a 1.2 times bonus boost, and get up to 120% commission back.

At the same time, the Biking agent benefits are also very friendly to newbie and other VIP exchange users. Biking implements the agency upgrade model of “Other is mine”, and for newbies, Biking has innovatively launched an agency limited-time experience card service, so that more users who have not reached the agency standard can enjoy agency benefits in advance.

4.User benefits: Rich Growth Tasks and User Incentive Activities

The Contract Task Center of the Biking Exchange splits the various execution steps involved in contract transactions into an interesting and diverse task system. Users can get USDT bonus rewards by completing the corresponding requirements of each task. The more tasks you complete, the greater the reward. The tasks are mainly divided into three categories, namely newbies task, growth tasks and activity tasks.

The specific tasks are as follows:

[Newcomer task]

Successful user registration can unlock the newcomer contract task

Time: 1 month (for new users, the registration date as the calculation time)

Task category: deposit/transaction/first position opening/first profit/loss subsidy/invitation bonus

Note:The opening time of registered users is calculated from the day when the task center goes live)

[Growth task]

After the newcomer’s task is over, it will enter the growth task stage, and each stage will correspond to a different task

Time: unlimited

Task rules: Every time a growth task completion can unlock the next stage of growth task and receive the reward.

【Activity Task】

The Biking Exchange contract will conduct various activities from time to time. Each activity also corresponds to a different task. Once a task completion can get corresponding rewards .

Time: the start and end are consistent with the corresponding activity

Task rules: According to the requirements of special activities

Official Website : wang.live

Pushing the envelope, GameFi ushers in new changes

GameFi has exploded since September of this year and has become the hottest segment in the cryptocurrency world at the moment. According to Dappradar, a Dapp testing platform, as of November 29, 2021, the number of GameFi daily active users has reached 1.3 million, with a daily turnover of $123 million. Compared with the data on June 1 of the same year, GameFi’s user base grew nearly threefold in six months and daily turnover grew more than 15 times.

 Let’s not talk about Axie infinity, the dominant player that lasted for more than two years, because Axie Infinity’s success is an inevitable development of the crypto market. But for GameFi to succeed, more innovations and leading protocols will need to emerge. As more and more players, especially from the outside of the crypto market enter the scene, countless projects in the appearance of a game are popping up.

It can be simply understood that the GameFi is more “grounded” than traditional DeFi and is easier to be accepted by the public.

Even if you don’t know blockchain or finance, you can make money by playing games which is attractive to many people and it can attract non-crypto players and capital investment with half the effort.

Ultimately, though, GameFi is similar to pledged liquidity mining where we need to lock in LP assets in a smart contract to receive revenue. But it’s worth noting that GameFi’s format is slightly different from DeFi mining: GameFi requires us to exchange assets for game props (NFTs) before we can participate in-game activities. The simple logic of selling NFTs for pledge mining has attracted a large number of users who have embraced GameFi because it caters to hot spots and super high returns. To capture the market, new and higher-yielding games were launched one after another with similar gameplay except for different backstories. But over time, the differences between GameFi and DeFi led to a change in player psychology. Players began to worry that if NFT could not be sold they would lose all their assets. Many players are not willing to face such exposure.

While established GameFi such as Axie Infinity do not need to worry about this situation since their economic system has been successful, a new and unfamiliar game can lead to the tragedy of NFT props having a price without a market and game tokens going to zero because its economic model is immature, resulting in the inability to get enough players and liquidity to support the game’s development. For example, BnBhero and CryptoMines, which relied on high returns to attract players some time ago, have seen their coin prices plummet along with massive output dumping and a sudden drop in player growth, with the former draining liquidity and the latter falling.

When the market dividend period slowly fades, the game with GameFi shell to rub the heat becomes no longer the first choice of users. After a long period of time, some projects with novelty began to appear slowly. The future of GameFi projects will need to be innovative if they are to stand firm and continue to grow.

DAO on the stage, a new process of DeFi development

GameFi is being updated at a rapid pace, and the DeFi board is on the same footing. People’s thinking about the drawbacks of DeFi combined with the DAO autonomy concept has led to the derivation of a new DeFi framework.

Liquidity has always been the cornerstone of DeFi, and securing it and improving it is one of the main goals of all DeFi programs. Simply put, I want to be able to trade at all times and want to make trading as cheap as possible, and I need strong enough liquidity on the other side.

If the blockchain market in the past was a train put together one car at a time, then liquidity providers were the rails that made that train fly. But the downside of this situation has gradually shown itself, as liquidity providers have dominated the life and death of DeFi projects since its inception. Often giant whales, large investors and lobbyists choose to move their money to where they get the most reward in liquidity mining rewards, but this also leads to the withdrawal of capital from liquidity after high returns, and a slow bleeding effect as tokens continue to be dumped on the market, which ultimately leads only to extinction. This phenomenon has been commonplace in the liquidity mining boom of 2020, and the current GameFi is much the same, except that capital is needed to buy into NFT game props, and the mining rewards become Play-to-Earn game rewards. And the current GameFi field itself is a top-heavy pattern, bursting into a minority of games, the vast majority of players are also attracted to enter after the big capital has entered the field to obtain high returns.

DAO is known as Decentralized Autonomous Organization, the purpose of DAO is to set the initial rules by voting and write the rules as smart contracts without any centralized intervention and management, all operations of the system are performed by smart contracts only. The code of the smart contracts is open source and all activities of the system are based on the written code.

The key to the disadvantages of DeFi is that liquidity is in the hands of “people”, and once a few people become self-interested, liquidity is no longer reliable. In many cases, the liquidity provider does not form a long-term mutually beneficial relationship with the agreement. The liquidity provider can withdraw at any time and leave the agreement with a mess. DAO’s smart contracts can solve this problem to a certain extent, and combined with the decentralization property that DAO naturally fits, gradually evolved a new type of liquidity relationship such as OlympusDAO — liquidity belongs to the agreement. This is also recently known as DeFi 2.0, which changes the relationship between protocols and liquidity providers through new mechanisms, and ultimately reconfigures the liquidity service itself.

The problems GameFi is currently facing fall largely into this category and some GameFi already in operation such as Radio Caca are already experimenting with locked liquidity to try to solve the problem of game continuity but the drawbacks of centralization need no introduction here, so a DAO that combines Play-to-Earn + OlympusDAO Farmer is the game most likely to be the next breakout.

GameFi + DAO to create a farmer metaverse

In the Newborn phase, DAO Farmer will be launched on the Binance Smart Chain (BSC) and is the first Play-to-Earn farm simulation game on BSC. In the Newborn phase, DAO Farmer is designed as a Play-to-Earn farm simulation game where players can complete the game process with simple actions to earn great rewards.

In this phase, players of DAO Farmer can get high returns with the tools. Backed by the mature GameFi ecosystem of BSC, DAO Farmer has a very low entry barrier. Currently, BSC is one of the most flourishing public chains of GameFi, with a large number of users and perfect DeFi infrastructure which ensures the number of users and token circulation of DAO Farmer. As the first simulation farm GameFi on BSC, it gives BSC an important role in this track and is expected to meet the market demand and further its scalability.

The tokenomics design of DAO allows DAO Farmer to have a perfect decentralized financial system in the newborn phase.

The economic system of tokens in DAO Farmer uses the DAO vault as the hub and the tokens in the DAO vault are injected into the liquidity pool through smart contracts. In each claim operation of a player, a portion of the tokens will be automatically sent into the DAO vault, which is the main component of the DAO vault. This is known as Protocol Owned Liquidity (POL). To prevent the price of NFT from rising too quickly and to ensure that more players can participate in the game, DAO Farmer has designed the Property as a Service (PaaS) mechanism, in which the DAO vault will open the asset selling function in the early phase, players can buy game assets in the DAO vault and all the revenue will enter the DAO vault as transactions occur and then inject liquidity through Protocol Owned Liquidity (POL).

Simple understanding, in DAO Farmer each time the player’s Claim, there will be part of the fee will enter the DAO vault, early through the DAO vault sales of game assets, will also all enter the vault, this part of the income is all through the protocol injection pool and can not be actively controlled, which means that never lose liquidity, the player’s game assets will have a net value to the bottom.

Too much liquidity can ensure the circulation of tokens, but it can also cause slow growth of players’ revenue. The token DAO Reactor can be a good solution to this problem. Players can buy DAOF with token Liquidity Provider (LP) or specified tokens and holding DAOF can provide players with a revenue growth rate. The existence of the token reactor can largely make up for the lack of Protocol Owned Liquidity (POL) presence and increase the scope of control over liquidity. It also increases the player’s earning and the output is converted into earnings, forming a gain closure loop.

Protocol Owned Liquidity (POL) and Property as a Service (PaaS) ensure the liquidity of the game’s assets, while the existence of DAO Reactor can largely compensate for the shortcomings of POL by providing a more reasonable incentive for liquidity providers to form a long-term mutually beneficial relationship with the agreement. DAO Reactor provides the financial system. The tight economic model has a positive effect on the sustainability of DAO Farmer, ensuring a longer game lifecycle, which is the basis for the later development stages of the game.

In the Rising phase, players are no longer limited to their farms but will compete with all players across the continent. In this stage, players need to have enough time to upgrade and operate their farms and expand them into their city-state. In the Arrival phase, players will no longer use the mouse and keyboard to play the game but can use VR and physical devices for an immersive gaming experience.

The novel combination of GameFi+DAO is the first of its kind in the industry, and DAO Farmer has a rigorous economic model to ensure the sustainability of the game. DAO Farmer has a unique advantage in the new phase of GameFi environment change, and will certainly explode the GameFi market.

Contact Us

Website: https://www.daofarmer.com/

Whitepaper: https://daofarmer.gitbook.io/daofarmer/

Medium: https://daofarmer.medium.com

Twitter: https://twitter.com/DaoFarmer

Telegram group: https://t.me/daofarmer_com

Telegram ann: https://t.me/daofarmer_ann

Discord: https://discord.gg/NBaMWXd7j8