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Snake City: Public NFT Sale
NFT Public Sale begins May 27 at 2:10 p.m. (UTC) — the same time as the IDO TGE. It is always exciting to see teams meeting fundamental milestones and offering communities some needed catalysts. Snake City is a game that is meant to be played and enjoyed as much as it is to earn. As part of their initiative, leading up to the Avalaunch IDO, Snake City will be performing a public NFT sale for 630 NFTs.
The Public NFT sale will offer the following:
5 Snake Lords
Chief Characteristics:
Aside from City Snakes, there are some special snakes created in the Laboratory through a genetic modification process dubbed “Snake Lords”. While Snake Lords can not be used for breeding and fusion, compared to City Snakes, the Snake Lords are considerably more powerful and confer the following benefits:
- Having 5 turns per day to play in the training mode.
- There is no limit level to play in training mode.
- Players can use the quick mode feature without incurring fees.
- Snake Lords enjoy the highest battling stats.
- Snake Lord owners can create Guilds and become the Guild leader to receive profit sharing in certain game modes.
- Snake Lord owners will receive profit sharing from Snake City treasury (such as marketplace fees, tickets, events….)
625 Eggs
Common, Rare and Epic Eggs These eggs, to be hatched into City Snakes, are of random rarity, ranging from 1 to 5. Of the 625 eggs, there are 3 types with rarity levels as follows:
- Common—50% R1, 25% R2, 18% R3, 6% R4 and 1% R5
- Rare—60% R2, 25% R3, 12%R4, 3% R5
- Epic—R2, 75% R3, 20% R4, 5% R5
NFT WHITELIST MARATHON
The team has kickstarted an NFT Whitelist Marathon which runs from May 18th through May 24th.
- Only 100 NFT whitelist spots for top users
- Ranked by the total score you get from the Gleam task
- Refer your friends to gain more points
This is in anticipation of the IDO and users can join now by clicking here.
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Snake City AMA #2 — Technical Deep Dive with Frank Tran & Nick Vu (Co-Founders) (Recap)
On 5/21/2022 at 7:30 p.m. (PST), an AMA session was held on Avalaunch Telegram with Snake City co-founders Frank Tran and Nick Vu. Below we present to you an excerpt from AMA with questions and answers.
Dave Donnenfeld | Avalaunch
Hello everyone and once again welcome to the sequel AMA for Snake City. Today we have not one but two esteemed members of the Snake City team — @frank_snakecity and @nickvu1208 — good to have you both here today. Also nice to be able to dig a little into the project with you all. How are you today?
Frank|Snake City
Hello everyone, thanks for having me today.
I’m Frank, one of the co-founders of Snake City.
Nick|Snake City
Hello everyone, I am Nick — game producer at Snake City, happy to join AMA today witch Avalaunch team
Dave Donnenfeld | Avalaunch
Good to have you both so let’s get into it since we have an interested and invested community. Firstly, thank you for your time and for being here with us today. Let’s start off with an introduction about who you are, what your background looks like and how you managed to be where you are today.
Frank|Snake City
Sure, I have almost 10 years experience working in IT & ICT industry.
As a tech savvy, i was falling in love with the concept of decentralize world. I started as a blockchain research early in 2017 and worked as a Product Owner for a Singapore based blockchain start-up backed by Animoca Brands.
Nick|Snake City
I have almost 11 years experience working as a game producer at traditional game studio. Last year, when the gamefi became trending in crypto space, I jumped into a gamefi player so that I was so excited to become a game producer of a blockchain game.
Dave Donnenfeld | Avalaunch
Appreciate that. Both of you have considerable experience in your respective fields. This is the sort of pedigree you can really build upon.
Nick|Snake City
I feel lucky to be a part of Snake City team. As a game producer, I have a chance to work with a passionate team of game developer, game artist, and game designer. My job at Snake City is to schedule and manage the plan to make sure the deadline and quality of our game.
I was in charge of building several products regarding NFT and some of them was pretty well-known in the crypto art community such as Wrappedpunks (this product is still featured on the Larvalabs website — the team behind the famous Cryptopunks collection), Blank.art (a curated platform and marketplace for crypto art),…
Dave Donnenfeld | Avalaunch
This is definitely worth a mention. Appreciate that…moving on…Let’s talk a little bit about the team behind Snake City. Who are they, what their experience looks like and how did the team come together?
Frank|Snake City
Well, currently the Snake City team has more than 20 members across business, tech, marketing and design
However, the core team started with just 6 people but we managed to cover almost every part of the project from Business & Marketing to Product development.
We were friends and colleagues for a long time before so we understand each other very well, which skill one of us is strong at.
After work, some of us used to challenge each other in the Slither game. That’s why when the gamefi concept was booming, we immediately thought about it and came up with Snake City because we understand why it’s so popular and how to make it even more successful but familiar with the Crypto community.
Dave Donnenfeld | Avalaunch
This next one looks like it’s for @nickvu1208 since it involves timelines 😁😁Snake City already has a playable version. How long did it take to develop this? How has the feedback been so far?
Nick|Snake City
Yes, as you may know, we have already delivered a test version of our game to our community to experience the gameplay. We started to build Snake City Q4 2021, well so it takes almost 7 months to have testable version of Snake City game
We have already 2 rounds of testnet, we received a alot of valuable feedback from community to improve the quality of our game. Now, our game is ready to launch right after the IDO.
Dave Donnenfeld | Avalaunch
That’s a lot of work and kudos to the team for getting that far along prior to launching the token.
Which brings me to the next question — When do you plan to deploy the game on the mainnet? What sets of challenges do you expect during the process?
Frank|Snake City
Great question, our game is ready and we plan to launch it at the same time as Token listing & INO event on May 27th (in 6 days).
Set of challenges? Hmm, interesting question, honestly we are very confident in app development, there were some bugs found by our community during the testnet events but most of them were minors and were solved by our tech team.
The only thing that we felt the most difficult was the game economy indeed.
Different from most of other gamefi projects, we’re not idle games but a skill based gameplay. That’s why it’s really hard to manage the results when users play the game. However, we have carefully calculated all the scenarios that might happen and now we are very confident to make the game economy sustainable in the long run.
Dave Donnenfeld | Avalaunch
I think these fundamentals are going to matter more in these types of conditions. The “thoughtful” launch and approach is going to matter because we’ve seen what can go wrong longer term with gaming economies. Addressing those concerns prior to launch is a smart thing.
For anybody reading the whitepaper it becomes obvious that NFTs are a key component of the game mechanics, however it is not so obvious why you designed and planned to build your own marketplace. What utility do you expect to achieve with this implementation that could have otherwise been achieved via third party marketplaces?
Nick|Snake City
Interesting question,
Dave Donnenfeld | Avalaunch
We do our best Sir. 😁
Nick|Snake City
Well, the reason for us to build our own marketplace looks like the same as other games, we want our user have the best experience in-game. They do not to complete so many steps to build and sell their NFTs. User can stay at our game to do everything.
And more importantly, we do not want our user to pay expensive transaction fee of third party platform. As you may know, our marketplace transaction fee will be used to burn in-game token $TOC to reduce the inflation.
Lastly, we can control every updates that we make with our marketplace so that our users do not have to wait to access these additional feature updates. They can experience these immediately.
Dave Donnenfeld | Avalaunch
I appreciate the ability to keep it all “inhouse” and capture the end to end user experience. Again, thoughtful stuff and self-reliant.
Since it’s come up a lot on twitter and in here — There are several features that place Snake City up the ranks among the current Web3 gamefi system. Can you explain how the different game mechanics: training mode, battle arena, tournament, free zone, discovery mode and sponsor events work? Why was it necessary to build such an extensive network of instructiveness?
Frank|Snake City
Sure, in Snake City, we have 6 different gameplays
The 1st one is Training Mode which is ready to launch in the next few days after IDO.
In this mode, the players can select one of the challenges from Easy to Super to practice with the bots and earn rewards in $TOC token. There are a time limit, you have to accumulate enough points, stay away the bomb and being alive at the end to pass the challenge. The more difficulty the challenge, the more rewards and experience points you can achieve if you win.
Next is Arena Battle, players control their Snake Hero to fight against other players in order to win rewards in the game
There will be a daily leaderboard where players are being ranked regarding the points they accumulate in the game. The higher position the players stand, the higher reward and experience they achieve. In this gameplay mode, the reward will be paid in both token, $SNCT & $TOC.
The 3rd one is Tournament mode.
The idea behind this gameplay is pretty simple: Each player buy a ticket and get one slot in the game. Most of the fee collected from participation will be used for rewarding the top 3 players in the ranking board. Therefore, this will be very fun and challenging where users are skin in the game to play against each other.
Next is Free zone mode and this attracts a lot of attention from the community.
Our purpose of this mode is trying to remove all the financial obstacles for the users to play with our game. Users do not have to invest anything to play the game. They will be assigned a Free Snake to start and enjoy the game. Free to play does not mean that there are no rewards for players, we have an allocated pool of rewards specifically for this gameplay mode.
The 5th one is Discovery Mode, players will use their Snakes to discover the city maps with many local famous places to collect NFT shards. By matching them, they can redeem full NFT with big value.
Players have to stake $TOC to receive tickets. When the event starts, the tickets will be randomly selected. Players must stake their tokens for at least a few days before the event occurs.
When participating, players will receive additional NFTs from us, our partners , $SNCT or even USDC.
Finally, the last one, Sponsor Events. Our ambition is to make Snake City beyond the GameFi sector, we do not want to limit ourselves only in our ecosystem. Therefore, we came up with the Sponsor Events game mode. This will be opened for the purpose of collaboration between Snake City and other crypto projects, trying to bring more value & fun for all the players.
In each event, the Snake City team will provide a unique design for all the in-game elements that represent our partners’ characteristics which bring a new look and different kinds of rewards for the players.
In Snake City, we spent a lot of time researching users’ behavior and the gamers journey, this is a very important step for a long term goal.
We separate our users into different categories, analyze their personas and try to understand their behaviors and point of interests. From that, we come up with gameplay to match with each user type. That’s the reason why we have such an extensive network of instructiveness.
Dave Donnenfeld | Avalaunch
This may qualify for the most epic AMA answer not just in our history but anywhere. I’m going to let this breathe for a moment before moving on.
Thank you for this.
Very much appreciated…Here’s another challenging question but one that must be address — At the heart of the game economy lies two tokens, an in-game currency and the native token. Can you expand on the dual token system and how the play to earn mechanics works?
Nick|Snake City
In SnakeCity, we have $SNCT and $TOC, $SNCT is our native token and $TOC is our in-game token. They have separate utilities.
With $SNCT you can purchase Eggs and NFT Snakes from our marketplace, it can be given as rewards for token holders when staking and it also helps to govern the Snake City ecosystem. In several game modes, users can also earn $SNCT for their winning.
On the other hand, $TOC will help you to buy extra turns in some game modes, and buy tickets to play in the Tournament. $TOC is used for breeding and fusion feature as well. In addition, you can use $TOC for purchasing some in-game items to make your snake stronger.
We design game mechanics with many utilities for our ingame tokens. All $TOC tokens spent by user in-game will be burnt to reduce the inflation of our ecosystem. In addition, major part of our revenue is also spent to burn $TOC tokens because we want sustainability for our game so that we can see the long-term development of our game.
Dave Donnenfeld | Avalaunch
Appreciate that @nickvu1208 also a comprehensive answer.
Which of the following features: breeding, fusion and metaverse do you expect to be the most challenging to build and develop, and how do you foresee overcoming these obstacles?
Frank|Snake City
Well, definitely Metaverse is the most challenging feature to develop. Our team is currently working on Breeding & Fusion and I think these features will be ready even in this quarter.
Metaverse is another story. No doubt it will be the future where people can easily interact in the virtual world like we communicate live now. However, it’s still in the early stage similar to dotcom in 2000 & blockchain in 2014.
At Snake City, in the 1st phase of Metaverse development, we will make an augmented reality version for the game. Users will be able to play in the real-world environment and discover a new look of the City where you live 🚀
Dave Donnenfeld | Avalaunch
Getting spoiled with these answers. So @nickvu1208 while we have you here — When do you expect to have the full playable version of the game?
because so many game initiatives are truly a long way from having the full version complete
Nick|Snake City
I can say now, you can join our game with full flow to experience the training mode. Other game modes will be released in the next few months. The full game modes expect to release in the next quarter.
In addition, fusion and breeding are also releasing in the next quarter. You can check the details in our roadmap. At the moment, we are confident that we are the gamefi that release the game right after the IDO which make our game distinguishable from the others.
Dave Donnenfeld | Avalaunch
This is good news to me. Moving on as we near the Twitterati and community weighing in — What would you say the general experience has been for you and the team to build this entire infrastructure on Avalanche?
Frank|Snake City
Honestly we are very fortunate to build Snake City on Avalanche.
At the beginning, we researched all the popular blockchains such as Solana, BSC, Ethereum, Fantom & Avalanche. We tried to make a detailed comparison of each blockchain and Avalanche came out at the top eventually.
Ultimately we decided to build on Avalanche and we saw how passionate and supportive the avalanche community is. Also it’s growing rapidly recently with subnets and it would be an attractive future upgrade for us.
Dave Donnenfeld | Avalaunch
Wait — before we move on to Twitter
I need to ask — is there any development progress not yet revealed that you’d like to share with our community?
Nick|Snake City
Our development team (including me 😁) is working hard to deliver Snake City game on time. Now, the only thing I can tell you is that we will bring a lot of cool features in the coming months such as new game modes, mobile apps (android/iOS), new game features.
Stay up to date with our news in our social channels.
Dave Donnenfeld | Avalaunch
Appreciate you indulging us
Now lets move on to the next leg of the journey — the twitterati, the twitterverse, the feared “CT” 😁
Twitter Questions
@Chandjv1 who asks — In the future, in what other areas will there be in-depth cooperation between #SnakeCity and #AvalaunchApp?
Frank|Snake City
Thanks @Chandjv1 for the question. As you know, we have a game mode, sponsored event, in which we partner with other crypto projects to promote their project in our game platform. I think it is a great area for collaboration between Snake City and Avalaunch as many promising and innovative projects will be offered by Avalaunch.
Dave Donnenfeld | Avalaunch
Agreed. Think there will be more opportunities to collaborate together. Cheers.
@ImMelike32 — Can the community give their opinion about the development of “Snake City Game”?
Nick|Snake City
Thanks @ImMelike32 for the question. Absolutely yes, we would love to hear the opinion and welcome all feedback from community about game development to improve the game.
@Maiphuong32 — I’ve seen Snake City played on Steam, Browser or Google Play. So, do you have an application development plan for IOS?
Frank|Snake City
Great question @Maiphuong32. It is in our roadmap for mobile application (iOS and Android). As the game is developed as a casual game which can be played in a short time so people will likely play it in mobile. The game can be played while you’re on the train to work or even while watching TV, and is designed to help the user switch off.
@quyencao3200 is up next asking a predictable and reasonable question — do you plan to deploy any mechanism or schemes for SNCT in order to keep the token stable in volatile markets?
Nick|Snake City
Nice question @quyencao3200.
I would say:
– Burning mechanism, 70% of our revenue stream is used for burning tokens and adding liquid
– It is not only a governance token, it is also given some utilities: gaming reward, stacking, nft sales purchase
– In the long run, we would design Snake City as a community project with voting power from SNCT holder@realfanxx is dying to know — Can you please list some of the partnerships of #SnakeCity and your plans to be active in Avalanche, and perhaps seek more partners in the future?
Frank|Snake City
Thanks @realfanxx for the question. Sure, we have a huge plan to expand Snake City beyond our ecosystem. We do not want to limit ourselves.
We are in discussion with a lot of partners in these sectors:
- Avalanche Subnet
– Marketplace
– CEX and DEX
– Game Analytics platform
– Other game/crypto projects
Telegram Questions
Hello @nickvu1208 @frank_snakecity According to the roadmap, what are your most important next priorities? Does your team have enough funds and strong community to achieve those milestones?
Frank|Snake City
I would say:
– Avalanche subnet to save gas fee for user, optimize game traffic and enhance user experience
– Multi chain integration
– Event mode to user have chance to earn many other token in our gameHello @nickvu1208 @frank_snakecity What is the most ambitious goal of your project? What is the ultimate vision that Your project is trying to achieve within the cryptocurrencies market? I would appreciate it if you could share with us
Frank|Snake City
The ultimate goal of Snake City project is we would love to create a Snake Universe with a lot of Casual Games. And to turn Snake City into a community platform, a truly decentralized project that no one really owns.
Hello @nickvu1208 @frank_snakecity What’s your main focus right now, are you focused on the community or market/Exchange or the products?
Frank|Snake City
At the moment, we’re 100% focus on the product development and listing as the launch will be in the next few days.
All important events like token listing, NFT sales and game launch will be happened at the same time on May 27th.Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners? @nickvu1208
Frank|Snake City
We are global project and provide the experience as a local one. Besides global marketing activities, we are planning to run many exclusive marketing event for our local community, And in the future, multi language is developed and integrated to the game in order to bring better experience for gamer who are from: Indonesia, Brazil, Vietnam, China, Tukey and many others.
Hello @nickvu1208 @frank_snakecity 🐍🐍🐍To what extent does “Snake City” focus on the game experience aspect? What actions were taken to make the game suitable for everyone, including non-cryptocurrency users?
Frank|Snake City
In Snake City, when developing the game, we analyzed and created a gamer journey that helps us to understand what gamer think, how do they feel and what do they want. From that we can create great UX for the platform and help gamers have great experience when playing. In addition, we created player funnel and player type from new comers to seniors, from that we can develop many campaigns for each type of member.
Dave Donnenfeld | Avalaunch
Well done. @nickvu1208 and @frank_snakecity it has been a pleasure hosting you here today and one of the more informative AMAs I’ve been a part of. We very much look forward to your IDO and maiden voyage on the 27th. This is the beginning of what I believe will be a very special journey. A sincere thanks from me and our attending community members.
- Avalanche Subnet
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Snake City AMA #1 — Project Overview with Daniel Phan (Co-Founder)(Recap)
On 5/19/2022 at 7:30 p.m. (PST), an AMA session was held on Avalaunch with special guest , Daniel Phan, Co-Founder, Snake City . Below we present to you an excerpt from AMA with questions and answers.
Dave Donnenfeld | Avalaunch
Hello again everyone and welcome to the Snake City AMA. I have to say it’s amazing to see the amount of interest in gaming and how aggressively private equity is still investing into the space. There’s been no shortage of interest in Snake City and the growing community you’ve developed is testament to this. GameFi is here to stay and here to do their best to be one of the pillars on Avalanche is Snake City. Today we are fortunate to have @daniel_snakecity with us here today, How are you?
Daniel |Snake City
Thanks for the invite Dave. Hello everyone, I am glad to be here today!
Dave Donnenfeld | Avalaunch
Our pleasure. Good to have you. So let’s get right into it and start with an intro — Firstly though, thank you for taking the time to help our community learn more about your project. Please tell us who you are and how your previous experiences brought you to where you are today.
Daniel |Snake City
Sure, This is Daniel, Co founder of Snake City, I have more than 8 years experience in the IT industry and have been in crypto space from 2017. My first project was wallet development with my partner in Canada which helps me to jump in crypto. Not only public blockchain, I also have experience with Private blockchain which is Hyperledger technology from IBM, we helped Kasikorn Bank in Thailand with Letter of Guarantee system and CIC (Construction Industry Council) in Hong Kong with Safety Application for frontier workers.
I’ve been a gamer my whole life, playing a lot games from simple such as nokia game, bomberman, pikachu to more complex one, and I love to create a fun, easy to play game, we decided to build SnakeCity which is a familiar snake game that will bring the best experience to players.
Dave Donnenfeld | Avalaunch
A good background. 8 years in tech 5+ in crypto. For everybody here today not yet fully aware, can you brief us on what Snake City is about?
Daniel |Snake City
Snake City is a NFT game built on Avalanche and is inspired by the very famous Slither.io and Snake Nokia game back to 2000s.
With concept: Simplicity, Addiction, Fun and Personalization, Snake City offer 6 game modes to user: Free zone, Discovery Mode, Training mode, Arena Battle, Tournament and Sponsored Event.
The game play is very simple, to control a snake, around a wide area and eat food, avoid the bomb, defeating and consuming other players to gain mass to grow the largest and longest in the game.
Dave Donnenfeld | Avalaunch
Simple is good, playable is great. 😀 What would you say are the main features that make Snake City unique, and therefore able to compete with the current gamefi landscape?
Daniel |Snake City
Yeah, I have seen many gaming projects fall into the trap of doing too much and trying to accomplish many things at once, instead of aiming for simplicity. So that, our idea is to create a casual and skill-based game that targets at a mass market audience, as opposed to a hardcore game, which is targeted at hobbyist gamers. We focus on the concept of Fun, simple gameplay that is easy to understand, Simple user interface, Short sessions, less learned skill so a game can be played during work breaks. while on public transportation, or while waiting in a queue anywhere.
Among the gameFi world, and in our roadmap, we create Snake City with vision as a Platform not just game only, but also a promotion platform to promote other Crypto projects. We will soon collaborate with other NFT projects so when players enter the game, they can earn another NFT type from partners’ projects or their token by playing Snake City game. With this feature, we will let a partner hire/bid the map, and design character, food, skin, traits as logo, brand asset of the partner. User will join in that map and control the snake to earn tokens and NFTs.
Dave Donnenfeld | Avalaunch
It sure is and appreciate the thorough answer. Given the story line I have to ask — How did the game story for Snake City evolve? Where did the inspiration come from?
Daniel |Snake City
You know, We are inspired by the famous snake game slither.io so we want to build a snake-based gamefi to serve people a simple, fun, and entertaining game. In addition, we are big fans of science fiction and metaverse concepts. We develop our gamestory to look like a future world where the snake rules the world, humans become a minority and must use technology to fight against snakes. Humanity must stand and work together to build up the world. The game story revolves around snake robot heroes built by humans using technology. Moreover, this storyline helps us expand into more game modes and integrate VR/AR technologies that make our games more interesting. Join us to see interesting updates that will be gradually revealed in the future.
Dave Donnenfeld | Avalaunch
Awesome. Thanks for this — One interesting aspect of the game which for sure will help with its popularity among users is the ‘Free Zone’’ acting as the initial ground where anybody can start experiencing the game for free. While this for sure will help bring experienced players into the ecosystem, it will only become available at a later stage. What are your plans for marketing the product from the get-go and what about appealing to a wider audience?
Daniel |Snake City
Thanks for the question, I believe SnakeCity will easily attract players from non-crypto world since we have Freezone mode, this is a free-to-play mode that doesn’t require players to invest. As the game has a close concept to the famous snake game, players won’t find it hard to learn how to play, they just need to jump in the game and experience.
Moreorver, we will soon create replicas of the influencers in our own game NFTs, Create skin, character that relates to each influencer and get them to promote it and be heavily incentivized to play the game. We hope that can be done well, so the influencers repost them to their followers and even use it as their profile picture on Twitter. DO you want to have your own Snake profile picture Dave? 😀
Dave Donnenfeld | Avalaunch
My body is ready although my mind is resistant…
Okay! I’m in.
Similar to the point above, how do you aim to scale the game? What strategies will there be employed to increase the number of users, perhaps not just the crypto-native ones but potential players from traditional gaming?
Daniel |Snake City
Yeah, converting non crypto user is one of the strategy we are working, We have seen a lot of gamers play and watch livestream the game Snake.io, Slither.io, Wormate.io, Littlebigsnake.io on their youtube and facebook. We have list of them and will invite them to play Snake City via our campaigns (weekly and monthly) so we can easily approach other non crypto gamer, as they can play the game without investment.
Dave Donnenfeld | Avalaunch
On the roadmap soon after the token launch there is a plan for expanding the current network. Can you give us an indication of the type of partnerships you’re looking to onboard? What values are you looking for the most from these collaborations?
Daniel |Snake City
Our priority is to make members have the best experience with the game. To expand the community, we have planned to collaborate with guilds and of course KOLs including streamers and youtubers in the future, through that kind of partnership there will be more people who know about our game.
We also have a different way of onboarding partnership. Regarding Sponsored Event game mode, we can both use the reputation of SnakeCity and other projects. Very soon, we will let partners hire our map or we can design their logo, character in the game. Players can earn other projects’ NFT or token or even, stable coin. That’s a highlight of SnakeCity because we will have external cash flow from promoting other projects and it would help SnakeCity to grow sustainable.
Finally, as Subnet advantage is the reason for us to go ahead with Avalanche, we will put it as the highest priority for us next quarter to help users save gas fee, optimize the traffic and enhance the performance.
Dave Donnenfeld | Avalaunch
This is strategically interesting and smart. Kind of a multi-pronged approach and of course, the subnet presence is going to be something in the coming months.
With the word “Finally” I assume you’re finished 😀 so I will proceed — Behind the economy sustaining Snake City is the native currency: the $SNCT token. In addition, there is also another token, $TOC. What is the difference between the two tokens, how does their utility compare?
Daniel |Snake City
Well, we run dual token model. $SNCT is our main token and $TOC is our in-game token. With different game modes and other activities, you can earn different rewards as well. $SNCT and $TOC also have separate utilities.
With $SNCT you can purchase Eggs and NFT Snakes, it can be given as rewards for token holders when staking and it also helps to govern the Snake City ecosystem On the other hand, $TOC will help you to buy more Turn in some game modes, and buy tickets to play in the Tournament. $TOC is used for breeding features as well. So we put a lot of utilities for both native token and in game token.
There are two points that stand out of the project: we develop an anti-hacking system and an anti-inflation mechanism which is the most concern in the gameFi world. In terms of anti-hacking systems, we have researched and learned to minimize hacking/cheating in the game. Plus Blockchain technology, the level of security is one level higher than traditional games. About anti-inflation mechanism, we have always prepared for the project’s balance economy that includes NFT Economy, Token Economy including Minting control, Token Utility, Burning Mechanism and Diverse Revenue Stream.
Dave Donnenfeld | Avalaunch
The standard two-token is often not through too well in my experience. This has a sense of balance and consideration, particularly for the game currency. Well done.
Can you give us an indication of the types of centralized exchanges you are looking to launch the token on?
Daniel |Snake City
We will list our token in Trader Joe first as it is more convenient for gamer to use our both token SNCT and TOC. In addition, we got the confirmation for some centralized exchanges and soon will announce it. In gamefi, liquidity is very important to player. DEXs are great, however the liquidity is usually not as great, especially for government token. That’s why, we want to offer that to the community.
Dave Donnenfeld | Avalaunch
I appreciate that. While the long term prospects for a project are what matters, conditions are such that near term catalysts and presence are going to be asked of you.
Can you give us an overview for the plan your team is undertaking to bring Snake City’s experience as part of the metaverse landscape? What will this entail?
Daniel |Snake City
Definitlely, as we are engineers who in love new technologies so we have some plan for it. In our long-term development, we build a metaverse platform where the user can experience the gaming environment in the most realistic way. As mentioned in our storyline, users have to control a snake hero (known as a snake robot created by laboratory scientists) to fight with real snakes that are invading the world.
We will develop VR, AR technology to increase the user experience in the game. The word City in our name stands for that metaverse concept, we will design the City map (it could be New York, Hanoi or Jarkata) and let snake run around the map to eat NFT and join in battle.
Dave Donnenfeld | Avalaunch
Let’s get a little personal here Daniel — I always want to know of a founder — What aspects of Snake City are you most excited about and why?
Daniel |Snake City
I think the game play that we are building for Snake City, it is very simple and easy to play, but it is still addictive, hard-to-master and fun enough. In addition, we have the game mode to help player to collect not only Snake City token but also many other project token which help player have more choice and earning, which makes the game more interesting.
Dave Donnenfeld | Avalaunch
Very cool. Our final question before we move on to the questions from the good folks at Twitter so buckle up. Do you have any lasting thoughts you would like to share with the community?
Daniel |Snake City
Sure, I would like to add some infor about our next milestone. we will have the NFT sales and game release right after the IDO. Only 630 NFTs are sales 27 May and players need to use our token SNCT to buy it. We hope the community after buying our token in launchpad can use it to own Genesis 0 Snake, and as our burning mechanism, every NFT sales we use 70% to burn our token and add liquid.
at the moment, we are opening game contest, please visit our telegram and enjoy the game.
Dave Donnenfeld | Avalaunch
Well done. You have a completed a great leg on this wonderful journey.
Twitter Questions
@AkihisaMori45 — How do you see the current state of the crypto scene? Is it over hyped and over valued, just about right or undervalued?
Daniel |Snake City
this’s a very interesting question. From my point of view, crypto always is cycle, but if we take it a long run, the gamefi and crypto is still in very early stage. The games are clunky, and the experiences are mixed. There is a lot of friction because it is not easy to onboard gamers who have never purchased crypto before. However, it will change in the coming years as tools become more streamlined and easier to use and understand. This would drive up demand, separate winning projects from losers, and give investors a return on their investment.
@nicole_binuya — Do you have any Bug Bounty to check for vulnerabilities?’
Daniel |Snake City
Definitely, we always treat security as the highest priority so we have big rewards for everyone who helps us improve it.
@AdcDavidtai1999 — Where does the name of your project come from? Do any team members like or have a pet snake?
Daniel |Snake City
there are many partners asking the same question about where our name come from. I would say, Snake City = Snake + City. Snake is the concept of the game where the player controls a character who goes around the map and eats foods, tokens, and NFTs. and the City stands for our game play, We have many city maps designed for our local community from Paris to Jakarta or Hanoi.
@quyencao3200 — Is your gameplay easily understood by all kinds of players especially for those who are relatively new into crypto or just starting out?
Daniel |Snake City
Sure thing, One of our core values is simplicity, we design game mechanics, UI UX and game rules are very easy to understand. We run 2 rounds testnet already, the last round we have around 8500 players in 4 days. They are quickly familiar with the game and we don’t see many questions about how to play it.
@AdcDavidtai1999 — How big is your team and how can we get introduced with the rest of your team members and founders? Can community interact with them like you?
Daniel |Snake City
We have a team of 17 members which are 6 founders and 5 developers, 2 artists, 2 QA and 2 marketing. You guys can check our linkedin in our white paper, section our team.
Telegram Questions
During these days, be a Multi-chain platform is an obligation to be considered a competitive project, so can you explain who how many chains are you able to support?
Daniel |Snake City
Great question, we believe in multi chain future that’s why we are working hard to integrate more chains in Snake City. Next Quater will be big for Snake City as we will implement it in our system.
Token Burn or BuyBack program play an important role in increasing Token value Do you have a token burn or buyback program plan to attract investors?
Daniel |Snake City
Thanks for the questions, I would say in Snake City, we implement a sustainable game economy in which, we use 70% of our all revenue stream to burn token and add liquid, 10% for community wallet to share with snake owner. Please visit our website, session game economy for more detail
Currently where i can buy Snake City NFTs? How much will cost to buy a Snake City NFt? And when Snake City game will be available?
Daniel |Snake City
The NFT sales will be the same time as TGE, 27 May. You can buy it in our platform and you need to use SNCT token (not stable coin or Avax). The game will release at the same time too.
According to the roadmap, what is your most important next priority?
Daniel |Snake City
Subnet and multichain
Are you afraid some day there will be another project with more innovative technology can replace your project Snake City ?
Daniel |Snake City
We welcome them, as our vision, Snake city is not only gamefi platform, we would partner with other crypto and gamefi projects to let user can earn their token, nft in our platform. we don’t want to limit ourselves only in our ecosystem.
Dave Donnenfeld | Avalaunch
Daniel, you have done it. I’m ashamed if I ever had a moment’s doubt. You powered through it with ease.
I’d like to thank you for being here today and moving ahead with Snake City at a blistering pace. You all deserve the interest you’ve generated and the continued success I anticipate.
Daniel |Snake City
Thanks Dave, it is too many questions so I can’t answer all here today, so please join our telegram or discord and leave your questions, we will answer it.
Thanks a lot for having me today.
Dave Donnenfeld | Avalaunch
My pleasure. Appreciate having you and look forward the launch.
@shahi297 can we post a link to their telegram and discord?
Lovish Shahi| Avalaunch
Guys, you can join snakecity telegram here:https://t.me/s/snakecity_ann/20
Daniel |Snake City
Thank you everyone
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Snake City X Avalaunch: IDO Announcement
As the crypto and the broader markets remain volatile, builders continue to build.
Without question, there is much to take away from recent events in terms of the challenges surrounding GameFi and scalability (to say nothing of algorithmic stable coins). During the recent perturbations, a “flight to quality” thesis has emerged while private equity remains staunchly devoted to gaming. It continues to garner attention and investment whilst Avalanche makes ongoing headway as a hub for top flight projects. In the bigger picture, the metaverse continues to both tease and prove that a world exists where individuals, guilds and teams can compete for and earn meaningful income.
Project Overview
Snake City is an NFT game built on the Avalanche Network that allows players to select from numerous city maps where they can indulge their gaming appetites from Hanoi to Paris. Inspired by Slither.io, Snake City has been released as a new GameFi project where each NFT functions as a colorful lively snake that aims to appeal to crypto denizens and “nocoiners” alike.
The World
The game takes place in a future world where modern biotechnology has accelerated and achieved some astonishing feats. Human history has been rewritten, all starting from a lab in the depths of the Amazon jungle where scientists discover a substance inside a snake’s brain that, when combined with synthetic additives, can give them human-level intelligence. Whilst being developed into promising applications, the intelligence and the size of the snake continued to grow rapidly, concerning the scientists. In the end cooler heads prevailed and the decision was made to cancel the research. The remaining snakes were slated to be killed and the substances destroyed because of their potential risks…
However, the Amazon jungles were hit with a huge storm and some of the snakes escaped from the controlled environment of the lab. As fate would have it, giant super intelligent snakes have come to dominate and occupy most of the world. A war ensued to retrieve the land which was occupied by the snakes. In a breakthrough, scientists discovered that the snakes could be killed by collecting Uranium, Botanium, Neganium, Motanium in the lands where the snakes grew largest — namely, in the deep Atlantic Ocean, Sahara desert, Northern Europe and the great mountains of Tibet.
The Game
Players must join and become warriors to wage battle against the snakes in the metaverse. The stakes are high as the fate of humanity rests squarely on the shoulders of our aspiring heroes. The war arena and battles commence in different locales of Snake City, requiring players to have knowledge about the characteristics of the terrain and apply suitable fighting strategies.
Snake City attempts to incorporate the best of existing games and also stand a cut above the rest. Similar to other games, players can earn tokens as well as participate in a marketplace to exchange, buy and sell NFTs. However, Snake City is unique in its playability, story line and most importantly, as a skill-based game. In order to survive and earn rewards, it is your skill, not your money which more often determines the outcome. This design is unusual in most existing metaverse offerings.
Game Mode
With the concept: Simplicity, Addiction, Fun and Personalization and to bring different experiences to players, Snake City presents 6 different game modes with distinct features:
- Training Mode
- Battle Arena
- Tournament
- Freezone
- Discovery Mode
- Sponsored Events
One of the priorities of Snake City is to promote personalization and enhanced cosmetic appeal for players. Various personalization options can be offered, including:
- Customizing the snake’s skin color,
- Holiday events collection,
- Different country maps such as Brazil, Spain or China etc.
Token Model
Snake City has deployed a Dual Token model — SNCT and TOC.
SNCT is the alpha token and can be attained through trading, staking or in-game reward. The primary utilities of the SNCT token include:
- The native governance token
- To buy Eggs and NFT Snakes in the marketplace;
- Distributed as rewards for players in the Arena Battle play mode;
- Distributed as rewards for token holders when staking;
- To govern the SnakeCity ecosystem.
SNCT has a maximum token supply fixed at 1,000,000,000 and cannot be changed. The mechanism of fixing the maximum supply will help to reduce the risk of future token inflation.
TOC is the in-game cryptocurrency that plays a role in the universe of SnakeCity. When players use active features such as breeding, TOC will be spent. It has a lower point of entry and is used to stimulate game play and entice new entrants. Independent of this, the primary utilities of the TOC token are:
- To buy more turns to play in the Arena Battle game mode;
- To buy tickets to play in the Tournament game mode;
- To buy in-game NFT items such as energy stone or skins (except Eggs and Snakes that are bought using SNCT);
- Distributed as rewards for players in the Training, Arena Battle & Tournament game modes;
- To use for breeding
SnakeCity applied a dual-token model in order to allow players entry to the game, undeterred by the primary token, SNCT’s, price. As SNCT is traded on exchanges and valued in fiat, it will reduce the influence of the secondary market of the in-game token.
To build a strong economy with a sustainable growth, a Deflationary Mechanism has been created:
- Minting control
- Token utility
- Burning mechanism
- Diverse revenue stream
While often not optimized, dual-token economies can provide opportunities to support varying in-game interactions such as infra-token conversions, token mixing for character progress or crafting, etc. SnakeCity is looking beyond generic GameFi and is squarely focused on creating a balanced economy that includes NFTs, dual tokens with a supporting deflationary mechanism.
Snake City — Links and Team
Website | Telegram (Discussion) | Twitter | Medium | YouTube | Discord
“Avalaunch always allows new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With its values deeply rooted in the early Avalanche community, they are able to offer projects confident, informed users who are aligned with the long-term goals of the rapidly expanding application ecosystem. It is always a pleasure to be working with such an amazing team,” notes Co-Founder of Snake City, Daniel.
Partners and Backers:
“At LuaVentures we seek seed investment in emerging blockchain projects with strong opportunities for growth and value creation. That’s why we support SnakeCity, one of the most promising GameFi project with a hard working team behind.” — Nang Nguyen, Head of Investment of Lua Venture, PO of Tomochain Labs
Closing Thoughts
Snake City has a very experienced team with a clear vision. Their experience working in gaming and cryptofinance is demonstrated in the creation of Snake City’s economy, playability and noted emphasis on player skill. With an anti-inflation token mechanism Snake City will support both stable and sustainable earning models for participants. Their roadmap speaks to plans that far exceed standard issue play-to-earn.
Snake City has endeavored to build a comprehensive ecosystem — eyeing more features and game modes but most importantly, it is a team of experienced crypto users who understand how quickly the GameFi space moves and how to effectively execute on designs that capture those opportunities.
SNCT Funding Numbers:
Total Supply: 1,000,000,000 SNCT
Seed: 60M SNCT at .006 USD — 360K USD
Strategic: 50M SNCT at .01 USD — 500K USD
Private Sale: 50M SNCT at .015 USD — 750K
Public Sale: 30M SNCT at .02 USD — 600K USD
Total Raise: 2.21M USD
Supply: Breakdown & Vesting
Total Supply: 1,000,000,000 (SNCT)
- Seed Sale: 60M (SNCT) (6%)
- Strategic Sale: 50M (SNCT) (5%)
- Private Sale: 50M (SNCT) (5%)
- Public Sale: 30M (SNCT) (3%)*
- Advisors: 40M (SNCT) (4%)
- Team: 160M (SNCT) (16%)
- Liquidity: 50M (SNCT) (5%)
- Marketing: 100M (SNCT) (10%)
- Staking Reward: 80M (SNCT) (8%)
- Gaming Reward: 260M (SNCT) (26%)
- Ecosystem Reserve: 100M (SNCT) (10%)
Vesting
- Seed Sale: 5% at TGE, 3-month cliff, 20 months linear vesting
- Strategic Sale: 5% at TGE, 3-month cliff, 20 months linear vesting
- Private Sale: 5% at TGE, 3-month cliff, 18 months linear vesting
- Public Sale: 20% at TGE, weekly vesting over 5 months
- Advisors: 6-month cliff, 24 months linear vesting
- Team: 12-month cliff, 24 months linear vesting
- Liquidity: 20% at TGE, 4 months linear vesting
- Marketing: 0% at TGE, 60 months linear vesting
- Staking Reward: 0% at TGE, 60 months linear vesting
- Gaming Reward: 0% at TGE, 60 months linear vesting
- Ecosystem Reserve: 0% at TGE, 60 months linear vesting
Other:
- Initial Circulating Supply: 14M SNCT (excluding liquidity)
- Initial Market Cap: 280K USD (excluding liquidity)
The Snake City IDO on Avalaunch
- 30M SNCT at .02 USD — 600,000 USD (Total Supply: 1B SNCT)
- Sale Size: 600,000 USD
- Vesting: 20% at TGE, weekly vesting over 5 months
Registration Schedule:
- Registration Opens: May 19th at 3:00 p.m. (UTC)
- Registration Closes: May 22nd at 6:00 p.m. (UTC)
Sale Schedule:
- Validator Round Begins: May 23nd at 6:00 a.m. (UTC)
- Validator Round Closes: May 23nd at 3:00 p.m. (UTC)
- Staking Round Begins: May 23nd at 3:30 p.m. (UTC)
- Staking Round Closes: May 24th at 6:00 a.m. (UTC)
- Booster Round Begins: May 24th at 6:00 a.m. (UTC)
- Booster Round Closes: May 24th at 10:30 a.m. (UTC)
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Snail Trail AMA #2 — Technical Deep Dive with Shy & Orexr (Co-Founders)(Recap)
In this AMA, we will be joined by Snail Trail Co-Founders, Shy and Orexr. to cover the project at a high level. The focus of this AMA will be the business development, vision, road map, and post-IDO plans.
Dave| Avalaunch
Hello and welcome everyone to the sequel to our most epic AMA in recent memory and that of course was Snail Trail. Here to melt the ice now that it’s been broken comes a couple of new guests in @orexxr and @shyildiz, both co-founders of a game that is to intrigue, captivate and maybe even scintillate but enough of my yakking, let’s boogie. How are you doing?
Orexr| SnailTrail
Hi! Doing great, nice to be here. Thanks for having us. Hope everyone doing great as well. We are really excited to be here.
Shy| SnailTrail
Hello everyone 👋
Thanks for having us.
Dave| Avalaunch
Good to have you both, co-founder and co-founder. As is now pro forma let us begin with some perfunctory introductions. Can you briefly tell us about yourself, your background, education and your experience?
Orexr| SnailTrail
I’m orexr, one of the co-founder of Snail Trail. I also have a background in computer engineering and I was working in several different industries across Europe, including carsharing and ecommerce. I got into building games quite early in my career and worked on several game projects on the side. Besides that I am nerding out on computer graphics.
Shy| SnailTrail
I am shy, one of the co-founders of the Snail Trail game. I am a Computer Engineer with a background in cryptography and secure protocol designs.
Before Snail Trail, I was a software team leader at one of the biggest defense industry companies, designing and developing security products for the military and government agencies.
Dave| Avalaunch
Since this is a technical AMA, we’d love to hear more about your team and their experience.
Shy| SnailTrail
We graduated from the same class of the university and always had a dream to build a game company.
Over the years, we worked in different jobs and areas in the software industry but gaming was always a passion and a side hustle for us. We are very hardcore gamers ourselves and created a small community during our gaming adventure.
Once we decided to build the Snail Trail, we knew what we needed and immediately asked our trusted circle, close friends, people from the gaming community and four networks whether they would like to join this journey or not. This was back in October. Our team started to grow.
Right now we have 12 people in our team including us. 2 Founders (Also devs), 1 Design Lead, 1 Designer, 2 Frontend Engineers, 1 QA Engineer, 1 Marketing Lead, 1 Sound Engineer, 1 Software Engineer, 1 Community Manager, 1 Copywriter.
Dave| Avalaunch
How long has Snail Trail been in production for, were there any particular challenges you’d like to tell us about?
Orexr| SnailTrail
We started the project back in September and launched our first version of whitepaper, social accounts and website. During this first phase, it was just us, working on the ideation and the initial planning. Throughout the months, our team grew bigger and bigger and the project started to gain shape.
Most challenging part was us and some of our team catching covid at the Avalanche Barcelona Summit. It delayed our whole schedule for nearly a month. Glad that we have absolutely amazing partners who helped us to reschedule everything. Normally this IDO was planned 1 month ago, but here we are.
Dave| Avalaunch
Good to hear. I know we’ve been in talks since back then and indeed it has been a long time in the oven. There are 4 performance traits that make up the core of Snail Trail and you have delinated them remarkably well. Can you give us a high-level overview of these mechanics?
Shy| SnailTrail
Yes the 4 performance traits that make up the core of Snail Trail are Family, Class, Generation, and Adaptation.
A snail’s family is determined by its genetic makeup. Each snail has a genetic sequence of 20 genes and the most dominant gene in the sequence will determine the snail’s family.
The 5 snail families and their gene are as follows from rarest to most common: Atlantis (X), Agate (A), Milk (M), Helix (H), and Garden (G). These are the most important traits for a snail’s speed and can be targeted with breeding!
A snail’s class is also a contributor to its speed and racing performance. There are 7 classes: Genesis, Master, Expert, Apprentice, Initiate, Novice, and Special. Genesis and Special class snails are minted to specific players during specific time periods. We just sold out our Genesis mint a few days ago. The rest of the classes are available in-game through breeding as well as the Laboratory in the near future.
The generation of a snail represents how far down a snail is from the first ancestor on its family tree. It is the least important among the traits that contribute to a snail’s speed. Genesis snail’s can have a generation of 1–5.
There are 6 different mathematical formulas built into the mechanics that can determine a snail’s generation. When a snail is born, one of those formulas is randomly selected and each has a set probability of being selected. The least probable formula to be used in calculating the offspring’s generation is the most desirable. It gives the lowest possible (more superior) generation number between the two parents.
Finally, each snail adapts to their environment in a unique way. On average, a snail will perform better in racing conditions that align with their adaptation.
Snails are born with 1 adaptation but can adapt to up to a total of 3 environments in its lifetime. Each snail adaptation is completely random. In the near future, players will be able to use Adaptation Potions with the Microwave in the Laboratory in order to change its adaptation. Adaptation Potions are granted to active players at random and will have the ability to be sold on the Marketplace.
Dave| Avalaunch
I feel like you’ve been asked this before many times over. 😀 It is impressive. The level of thought and thoroughness has gone into it. Too many projects launch without this level of thought and maturity and users are left wanting (not to mention investors) so kudos for that. NFTs are becoming an integral component for many blockchain-enabled games. Snail Trail indeed includes this technical feature to enable users to customize their snails. Can you tell us how this integral customization contributes to Snail Trail’s core value?
Orexr| SnailTrail
We are very strong believers in decentralization and blockchain technology. It’s compelling seeing how gamefi has picked up steam and I’m excited to see it blossom even further in the near future. Owning your own in-game assets was never possible in the past with legacy gaming.
As we look forward and integrate these beliefs into modern blockchain games, it’s important to give the players the best experience. This not only includes gameplay, but experience with their assets as well.
We want to give players the ability to fully customize their snails because in reality it is their snail. They can name them and in the future will be able to visually customize some parts. It gives it a more personal feel and aligns with the values of decentralization & ownership.
Dave| Avalaunch
In a day and age where everyone seems to be lifting everyone else’s ideas and attempt to brand it, let’s remove some murk. There are several systems that would differentiate Snail Trail from its competitors. Can you describe how the Racing and Reproduction systems work and how their role fits within the play to earn structure?
Shy| SnailTrail
Currently we have two different types of races: Daily Missions and Competitive Races.
Daily missions are free to enter and all players are rewarded from the prize pool in relation to their race placement. These rewards are dynamic according to our slime token emissions schedule so players are limited to the number of Daily Missions they can join each day.
Players can join unlimited Competitive Races, however they require an entry fee using the slime token. Only the top 3 racers in these races are rewarded from the prize pool. How a snail performs is calculated based on various racing traits (as discussed before), coefficients and randomness. Players should experiment with their snails to find or breed the perfect ones for racing.
Superior traits make a snail better on average, however it does not make a snail strictly better than another one.
In Competitive Races, snails will have an ELO Ranking that defines their expected outcome in a race this way similar snails will compete against each other. ELO Ranking is adjusted after every race when the actual outcome is compared to the expected outcome.
With our Incubator mechanic, players can target specific traits by breeding new snails.
Snails are hermaphrodites meaning owners can choose the gender of their snails each breeding cycle
A female snail can reproduce once per breeding cycle. A male snail can donate his genes up to 3 times per breeding cycle. Male genes can be either sold on our Genes Marketplace for slime tokens or used directly by owners in the Incubator.
For example, a snail owner may breed twice with two of their female snails and sell the last use on the market. If a player owns a female snail they may choose to reproduce with their own male snail or purchase desired genes on the Genes Marketplace to breed with.
To produce a new offspring will require a $SLIME Incubator fee. This fee is dynamic according to the gene and protocol coefficient.
Superior genes will be more expensive.
The protocol coefficient is determined by the current game demand of the Incubator as well as the inflation of the snail supply. If demand is high, the coefficient will increase to incentivize slower inflation.
Dave| Avalaunch
I think @FireStorlvl speed typing record is still intact but you all move with a quickness. Good to see the daily missions are free for everyone and that there’s, generally, a lot of flexibility given the potential of combinations between traits and types. Were there any particular technical aspects that were challenging when building the various layers that make up Snail Trail as one of the most competitive racing games built on Avalanche?
Orexr| SnailTrail
Years of coding improves our speed of typing for sure! 😄
Creating a software product is always challenging in all of its aspects. Everything needs to be perfect to make a good impression on the stage because once you go live you really cannot return.
We always believed in releasing every bit of the project together and that’s why we worked so hard over the past 7–8 months. Last week, we started with our fair mint. 4901 unique addresses minted 7400 snail NFTs.
This week, we are heading into our SLIME IDO followed by Dexalot Discovery & Live Trading. Once the token is available to trade, we will be launching the game. This week will be a bit challenging but I hope with the support of our amazing community it will be another success.
Dave| Avalaunch
The success of the NFT sale was surprising to many but we saw it coming and Dexalot discovery is shaping up so well done for that and a hopeful harbinger of future success. Are there any interesting developments underway that have not yet been added to the current roadmap but will play a role in its future adoption?
Shy| SnailTrail
We had a lot of questions from people asking if we will offer renting options.
Renting will be a great alternative to owning Snails for people who want to explore the game. We have planned a system around it that we did not announce yet, and it will provide more features around renting.
There are new game modes on the roadmap that we will be introducing, but there will be even more coming on the table that will heat up the competition between the snails. 🐌
We are hoping to add more dynamics with these new modes and believe that players will have fun playing with the new modes
Dave| Avalaunch
When do we expect to see the full version of the game? How soon can we expect to interact with the mobile version, will this have the same features available as the Dapp?
Orexr| SnailTrail
Mobile support was planned to be added in the last quarter of this year.
however, considering the growth of mobile usage, we wanted to improve the experience for our players from the beginning on.
We think it is crucial to have mobile support so that more people can easily access the game from wherever they are.
Thus, the game will have mobile support from day 1!
Dave| Avalaunch
How did the team decide to build on Avalanche? What was your experience like being part of this ecosystem and contributing to its expansion?
Shy| SnailTrail
In the beginning of this journey, we were trying out games on Ethereum and suffered heavily from the gas prices which was frustrating at some point. In the meantime, we started to invest in Avalanche and really liked the experience and what it offers to the users with affordable gas prices and fast transactions. After some months developing the game, we have been reassured that we made a good decision. The Avalanche community is very supportive and we are grateful to be part of this ecosystem.
Dave| Avalaunch
final question from this section — What do you envision, Snail Trail to look like in 6-months to 1 year from now?
Orexr| SnailTrail
We designed the game and the economy for a long journey, 6 months to 1 year is relatively short term compared to our target.
But in that range, our aim is to be the most played game on Avalanche!
On the development side, at that time we will have our isometric(3d) racing view, laboratory, microwave and shop features completed with an extra game mode.
Twitter
@Ceyda_040 asks — What type of benefits does “Snail Trail” expect from investors and partners?
Shy| SnailTrail
Our investors and partners bring a lot of value to the table rather than just the money. They gave advice to us about the tokenomics and the general economy of the game, they connected us to great people in the ecosystem to build Snail Trail. We’re looking forward to continuing to work with them in building an amazing race experience and plan to build more awesome relationships along the way!
@CryptoKhangng2 — I know it comes up a lot but what mechanism does the team feel is the best to sustain long term game economics?
Orexr| SnailTrail
It comes up a lot indeed, but we are glad to answer it again 🙂
We have multiple mechanisms built into the game with the long term horizon in mind.
The ones that stand out are the dynamic Incubator fee and the dynamic rewards system.
As mentioned before, the Incubator fee changes based on current demand. If there is high demand to breed snails, the fee will increase to reduce inflation.
We also have future updates like the Laboratory that will combat inflation, but it will be mitigated right away.
The Daily Missions races have prize pools that adhere to the slime token’s emissions schedule. This economic design has been thoroughly thought out with a forward looking approach.
And of course, we will be constantly monitoring and optimizing the game as we receive real-time data points!
@cryptotrung — We can breed our Snails once a month in the #SnailTrail game. As a result, the number of snails will increase as players continue to perform these actions. Wouldn’t the value of Snail #NFTs be affected as a result of this?
Shy| SnailTrail
Of course, like any other economy if the supply outgrows the demand, materials tend to lose value.
However, there are several mechanics planned to keep the NFT inflation on a healthy level.
Firstly, we have a protocol coefficient which basically is a difficulty for the game’s breeding system. From day 1, it will limit the breeding at a growth ratio of 1.2 per month. This ratio can be adjusted over months with prior announcements to the player base.
Another mechanism is Laboratory, overtime there will be less favorable snails, which will be much cheaper than the rest. Players will be able to scoop these snails and burn them to create better snails in-return.
Ofc, this mechanic was planned to be released after a certain degree of snail population
Other than these we will have few game modes where burning will be provided as an option. ☠️
@BangRd5 who wants to know — How will “SnailTrail” keep production and demand in perfect balance for their market and asset values from plummeting?
Orexr| SnailTrail
Snail Trail is a game with a single Utility Token. We don not like the approach of creating more assets without fulfilling one’s potential.
Everything that will be built around Snail Trail will add value to SLIME.
Price action is something that the market decides, like any economy there will be good and bad days. However, in the long run we are targeting to create something unique and fun.
@26Akunpribadi — Unique project name, where did you get inspired by your project name, sir?
Shy| SnailTrail
Well, the name came up pretty quickly when we decided on Snails. When we found it, we pretty much loved it since it is also really easy to remember. 🐌
Telegram
Is your project a community only for English speaking an countries or for users not of other languages?
Orexr| SnailTrail
Right now our website is only in English however you can find the international channels in our Discord to discuss furthermore abour the project.
Since I can give an alpha, I picked this question because we have some localization coming up.
We will be supporting Japanese, Portuguese and Turkish when we fininalize the tests around it.
We are looking forward to support more languages in the future with the help of our community.
What is the Best way to follow All your Upcoming news and updates? What are your plans in coming Future?
Shy| SnailTrail
We use Twitter and Discord actively. Following Twitter and #announcements channel on Discord is more than enough.
subnet is now popular on avalanche. Will you consider to build Snail Trail subnet? 😁
Orexr| SnailTrail
Subnets are getting popular indeed. It is on our radar, however we are focusing on the game launch and other improvements that we can provide to our users.
We tried to design the game to be efficient however we will be monitoring the cost of it and take action if necessary.
👉👉During these days, be a Multi-chain platform is an obligation to be considered a competitive project, so can you explain who how many chains are you able to support?
Shy| SnailTrail
We developed Snail Trail as an Avalanche native game from scratch. We intend to keep it that way. But we have some plans to direct peoples attentions from other chains to our chain 😎
When snail trail will integrate and use chainlink vrf for better result on breeding?
Orexr| SnailTrail
While we were implementing our features, Chanlink VRF was not available and we had to tackle that challenge with our own solutions. We will be looking into it when they deploy the feature on mainnet for sure.
Dave| Avalaunch
Another successful survivor of not one but two AMAs with a raucous and demanding community. You have not only survived but dare I say you’ve thrived. The Snail Trail representatives that took on this challenge have been absolute rock stars and we appreciated having you.
Thank you for your time here today @orexxr and @shyildiz
Orexr| SnailTrail
Thank you for having us! Thank you for all the questions as well. Please visit our Discord if you would like to discuss it furthermore!
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Snail Trail AMA #1 — Project Overview with MOREJPEGS (Marketing & Comms) & Firestorm (Recap)
In this AMA, we will be joined by MetaDerby founder, MetaMike. We’ll be covering the project at a high level. The focus of this AMA will be the business development, vision, road map, and post-IDO plans.
Dave| Avalaunch
Welcome everyone once more to Avalaunch AMA for Snail Trail and today we have an honored guest who has been here before — the irreverent @FireStorlvl and from Snail Trail, we have @moreJPEGS here to make some additional magic.
More JPEGS| SnailTrail
Good thanks for having us!
Dave| Avalaunch
thanks for being here. Let’s get right into it — Please introduce yourself, who you are, what your role is and how your previous experience enabled you to be where you are today?
More JPEGS| SnailTrail
Hey everyone, I’m MoreJPEGs and I am leading Marketing for Snail Trail!
I’ve been in the Avalanche ecosystem since August last year minting Avax Apes, using Trader Joe early on, and exploring the space ever since. However, my background is rooted in the Financial Services Industry.
I was a Digital Strategist at a marketing firm who raised capital for wealth and asset managers. I had a burning passion for DeFi and NFTs so I decided to stop mining fiat and become a full-time Avalanche enjoyer.
That’s how I found this amazing project and joined the team!
FireStorm| SnailTrail
Hey all! I’m FireStorm, one of the advisors to Snail Trail.
I sure hope y’all aren’t tired of hearing from me by now!
Anyways… I used to be an electronic trading guy on Wall street in another life, but I’ve been in crypto since roughly 2016. I joined the Avalanche Discord relatively early, worked with the community and devs to the best that I can since before the mainnet and I became one of the MVPs which to this day, is my proudest achievement!
I’ve been in the ecosystem for a while, invested into and worked with various projects. Most recently I’m serving as an advisor to Snail Trail and Dexalot while heading FireStorm Capital. It’s been an amazing ride so far with Snail Trail, and I’m looking forward to further climbing the rankings for games across crypto with the team!
Dave| Avalaunch
Well stated and appreciated. Worthy contributors to this ever growing ecosystem — So…What is Snail Trail and how does it fit in the current ecosystem? What problems does it solve?
More JPEGS| SnailTrail
Snail Trail is a fun, play-and-earn racing game coming to Avalanche.
Players can race against each other and strategically breed snails in order to build their racing squad. The GameFi sector on Avalanche has been blossoming into an exciting ecosystem and we’re happy to support it with our own innovative addition.
There are a lot of blockchain games that can either be just “click games” or way too complicated for users. The most important question to ask when building a blockchain game is how can you make it so players can skip all the complications of crypto while simultaneously having a great gaming experience? With Snail Trail we focused on 2 things: Making the game fun, and making it sustainable. How do you make it fun? Have extremely simple UI/UX and have an element of strategy to the game. Easy to play, but hard to master.
How do you make it sustainable? Designing with a lot, and I mean a lot, of mathematics and forward thinking. Also, having dynamic game mechanics that balance the game in real-time as players are playing, while also taking a data-driven approach post-launch to monitor and improve the game. Similar to how Ava Labs uses a data-driven approach to perpetually improve the Avalanche Network.
We want Snail Trail to be fun, but we also don’t want the fun to stop.
Dave| Avalaunch
Rock on and thanks for the bespoke answer. Next up — How was the Snail Trail idea born? How did its competitive theme come to be?
FireStorm| SnailTrail
The founders of Snail Trail are engineers who were legacy gamers.
They began exploring their passion for crypto a few years ago and eventually came across Zed Run.
For those who aren’t familiar, Zed Run is a horse racing game on Ethereum where you buy a horse NFT and join races with it.
The whitepaper was a bit confusing and a lot of it was unknown to the player when you raced. This basically made it very hard to target instead of knowing what you can do to improve your performance. They were inspired by this Zed Run experience to build a better game.
They knew their background paired with their connections in the space gave them the ability to build a team to achieve this goal. The idea of racing snails instead of another animal gave a fun, ironic theme to the game.
It’s quite funny to think about racing snails, commonly known for being slow, in fast sprints down a racetrack to the finish line.
Dave| Avalaunch
Appreciate you. The clarity and focus of your Git is as good as it gets. Perspicacious even.😀 What would you say are the main features that make Snail Trail unique? Can you expand on these briefly?
More JPEGS| SnailTrail
Of course! We feel the features that make Snail Trail unique are live races, breeding, and the gene marketplace.
An underrated part of the game is being able to watch your speedy snails race in real-time. This is where the fun and excitement really shines.
Cheering on your snail as it wins you rewards easily wraps you up in a wave of emotions gamers are used to with any typical video game they love to play. We can all agree that seeing your strategy pay off (literally) is a great feeling!
Every snail has a set of traits, their Family, Class, Generation, and Adaptation. Each of these traits contribute to a snail’s racing performance in their own way. Players can then target superior traits in the offspring of two snails. We’ve simplified this process by allowing players to simulate their breeding, giving them a display of all possible offspring probabilities.
What’s also unique is that snails are hermaphrodites so you get to choose your snail’s gender every breeding cycle (30 days). A female snail can lay one egg per cycle, but a male snail can donate his genes and sell them on the gene marketplace up to 3 times per cycle. This creates an interesting dual-market for both snail racers and genes that players desire for breeding. Of course breeding snails requires an incubation fee.
What I love about the incubation fee is that it is dynamic. It contains a protocol coefficient in the formula that aims to weather the snail population and daily growth rate.
If a lot of people are breeding and the snail population is growing too fast, then the protocol coefficient increases. In turn, this increases the incubation fee to reduce breeding incentive. After balance is restored, the protocol coefficient slowly decreases.
In essence, the game optimizes NFT inflation by itself; it’s really cool stuff.
Dave| Avalaunch
and that’s a mouthful. Appreciate this thoughtful response. What does the structure of the tournament program look like? Are there any partnerships that will fuel the adoption of this?
FireStorm| SnailTrail
This is something we have in our future plans. Currently, we have two different race types. Daily missions where entry is free and everyone gets some amount of SLIME depending on which rank they finish the race.
And there are Competitive Races, where you pay an entry fee and can win up to 5 times the entry fee depending on how you finish the race. In these types of games the top three finishers share the reward pool which is the collection of entry fees.
Tournaments feature is on the roadmap and is a series of races where snails compete against each other to win the big prize. This prize can be SLIME tokens however it can also be any token, if any project wants to partner and sponsor the event.
Not only tournaments but also race rewards are available for such partnership opportunities, any partner/sponsor can offer their tokens as race rewards. This is similar to airdrops but instead as a project/sponsor you can do it in a fun way.
Dave| Avalaunch
You guys means business here today. If this was any better, I couldn’t stand it. the pacing is nonpareil.
Can you explain how the ranking and the rewards system works?
More JPEGS| SnailTrail
We really believe the ranking system is a critical part of the game.
It just makes sense for snails to compete against other snails who perform similarly. Snails speed is determined by various factors such as traits, user decisions and randomness. As a result there are fast & slow snails relative to each other. However this does not mean a slower snail cannot win against a faster one, that would not be a smart game design.
On average a faster snail is expected to win more against a slower snail rather than the other way around. Over time snails who perform similarly will end up racing against similar snails. The fastest snail should not be racing against the slowest, right?
That is why each snail is given an ELO Ranking score. On average, a snail with a higher ranking will perform better than a lower ranking snail. After every race, the ranking is adjusted when the expected outcome is compared to the actual outcome. This ELO ranking determines which league a snail races in, thus keeping the trails in order.
As for the rewards system, races are split into two types: Daily Missions and Competitive Races.
The Daily Missions are free to enter and the prize pool is dynamic with respect to the daily emissions schedule of the token. All racers are rewarded according to their race placement, 1st place receiving the highest percentage of the pool. Since all racers are rewarded, the number of times per day you are allowed to join a Daily Mission race are limited.
Now there is no limit to the number of Competitive Races you can join, however they do require an entry fee and only the top three racers are rewarded from the prize pool. Entry fees will vary from race to race and the currency used is our native token. This is where things start to heat up with some high stakes competition.
Dave| Avalaunch
Someone call the 🔥man. How is the token economy designed to drive adoption while maintaining token value?
FireStorm| SnailTrail
With great care and looooots of thought, partner and advisor meetings 🙂 Anyways…
The economy was designed with multiple things in mind. First and foremost, we do recognize the play and earn paradigm shift and we wanted to leverage this movement as a way to get our name out there, as a tool to acquire more players.
The typical question we also get regarding the economy, applies to most games honestly, is the question of sustainability. We (us and our advisors, partners, investors) put in a lot of thought and effort into the economy, emissions and the design.
We have a single token model instead of the typical two token model. We believe this allows the value of people spending time on our platform and playing the game to be accrued in a single place without having to come up with sophisticated value linkage models.
Additionally, it eliminates any possible confusion for new players. On the emissions side, we’ve designed our schedule such that roughly half of the community rewards will be scheduled and emitted throughout the next two years.
The other half is reserved (at the back of a piece of advice from an unnamed and extremely intelligent partner) for rewarding the most loyal players with surprise events, bonuses, etc. Besides the design and emissions, the team will also be constantly monitoring specific key performance indicators for the adoption, economy and sustainability and we do have a few tools that we can use to further balance everything out as the game grows.
Dave| Avalaunch
What is the inherited use case for the native ERC-20 token that drives the economy of Snail Trail?
More JPEGS| SnailTrail
Everything done in The Snail Trail Game uses our native SLIME token.
One of the obvious use cases for the native ERC-20 token is Competitive Race fees. In essence, the more tokens you have the more you can race, granted you can manage some top three placements. As we mentioned earlier this is a key component to the token economy.
It is also inevitable that racers will begin performing better and better at a consistent level which may cause those that are not improving to be left in the dust. While others race to earn high shares of the prize pool, it may not be appetizing for you to continuously receive 5% each time. One way to improve your performance is to test out multiple trails with your snail and evaluate its racing stats. Only then you’ll know which trails will provide the best results. This strategy requires more racing.
Another strategy to improve your performance is to breed superior snails. Target those traits that will boost your next snail’s speed so you can start climbing the ranks. The incubation fee will require you to spend your native tokens, bringing up another use case for it.
Finally, in the near-future game updates there will be more evolutionary options for players like the Laboratory, the Microwave, new game modes and an in-game shop that will offer various cosmetic items such as visuals, emotes, trails, sprays, scrolls, banners and so on.
And that’s everything not including it’s amazing name:)
Dave| Avalaunch
Nicely stated and again, I applaud the level of clarity you all have been able to communicate. There are some interesting releases to look forward to in the next quarter right after launch. How does the long-term vision for the project look like?
FireStorm| SnailTrail
Well our main core value is making Snail Trail as fun as we possibly can. Expect us to continue adding cool features to the game like the Laboratory, the Microwave, and a 3D isometric view for races. We’re going to keep building and growing the gameplay to create a well oiled, or slimed, machine of various snail possibilities.
We will introduce new modes that snail owners can compete in and use new strategies to win like battleground or death-match. We’ve got some awesome ideas for our Twitch channel @SnailTrailGame where we will be streaming races live 24/7. Tons of really fun things to do with that. Of course we have some surprises to keep everyone on their toes.
Overall the plan is to be perpetually improving the Snail Trail experience for our community in creative ways. We genuinely feel as though we’ve built a vigorous foundation and can’t wait to build out the ecosystem.
Dave| Avalaunch
Your typing skills continue to astound me. Fastest keyboard on the seaboard. What are you most excited about when thinking about Snail Trail? Are there any milestones you’re looking forward to?
More JPEGS| SnailTrail
We’re really most excited about releasing the game and watching the community grow.
We have such an awesome community, it’s incredibly fulfilling to see how excited everyone gets for contests and challenges. We can’t wait for what’s in store for the game. Being able to bring such a large group of Snail Trail fans together for some really cool events is going to be a blast.
Our first tournament will be a really cool milestone for us. Another thing that will be really cool is to see how many new people we can onboard into the Avalanche ecosystem. It’s crazy to see how some people or projects can onboard a community as easily as build one with natives and we’re hoping to achieve that as well.
Priority number one is getting this awesome game live so we can share it with you all. After countless hours of collective effort, it’s truly thrilling to see it come to fruition.
We’re ready to start racing!
Dave| Avalaunch
Well boom goes the dynamite. Now we move on to the twitter portion of the program where CT, the twitterati, the twittiscenti weigh in and ask the tough questions. This leg of the journey is both challenging and rewarding…first up….
Twitter
Captain my…@captain_price9 — Could you tell us about the MARKETING strategy that @SnailTrailGame team followed to promote your product?
More JPEGS| SnailTrail
Great question! A lot of people have been vocal about noticing how we may have a different marketing strategy relative to other NFT/crypto projects in the space. The team has always felt strongly about sticking to organic growth.
We believe this is the healthiest and strongest type of growth to build our game awareness and its community of players. It has done well so far as we can see from our recently sold out Genesis Mint and trading volume.
We are very proud of the extremely engaging Slime Gang community that we have built so far and are looking forward to growing the snail family!
Exxon Eskimo aka @Exkimoooo — Snails are extremely cute and i have no doubt that this game will fo far and beyond. My question is do you have a plan to deploy on subnet in the future because i can see that NFT market of the project will be very active.
More JPEGS| SnailTrail
The game was built with the plan to launch on mainnet from the beginning. After development the team will be in constant data driven moderation mode to optimize the gaming experience so maybe in the future it may move to a subnet. We currently have a hybrid model and we believe it should be ok to start on C-Chain.
Subnets take a lot of time and building to produce and curate so the focus right now is to launch the Snail Trail Game with the best experience on mainnet. If and when our growth requires a blockchain on its own, then we’ll move to the subnet.
This should give us plenty of data points to observe as well since other large projects such as Crabada and Dexalot are moving to their own subnet.
@eryn_bae — How do you plan to improve the interaction with new users and with users outside the crypto space?
More JPEGS| SnailTrail
Thanks for your question! Our focus will be growing our user base with the goal of making players, new and old, feel as if they are a part of the community and not just racing alone.
We plan to use multiple social platforms to organize events and spark engagement and collaboration between players. This can also include Snail Trail promotional content that we plan to target multiple audiences with. We want to create a high energy and exciting environment for all players!
@MCBBB8 — Do you have a testnet or Beta Version of SnailTrailGame that can be used as a practice tools for new users?
FireStorm| SnailTrail
Good question! There is no practice version or the game or any plans to implement one. Having a practice version would conflict with our token economy and our intent of players racing in multiple Competitive Races in order to figure out how to optimize their racing strategy for the best results. As for new users, Daily Missions are free to enter and only require a snail to race. Also we will be live streaming the races in real-time on our Twitch channel 24/7 so new users can pick up some additional game strategy there too!
@smailpeoplenft — On which platforms will we be able to sell our snail NFTs? Do you have your own Marketplace?
FireStorm| SnailTrail
Yes we do! The native Snail Trail Marketplace is on our website. It has direct access to each of the snail’s details page where you can easily see its family, class, genes, generation and more!
This will include racing stats when the game is launched. We’ve recently updated the native marketplace with more filtering, sorting, and previous sales info of each snail. We plan to continue adding more features and bettering the user experience going forward.
Telegram
@JerichoJonesy Can Avalaunch make sure to ask about the decision to make Slime a single token with the Snailtrail team when the ‘technical deep dive’ happens?
FireStorm| SnailTrail
First and foremost, I’d like to take the opportunity to thank our key partner AVALAUNCH here. We’ve spent an enormous amount of time working out the plan around the token design. We’ve gone with a single token because of a few reasons (which we touched upon earlier in the AMA as well) but here they are:
- We believe, if we can power the game, the economy and ultimately the fun with a single token, we’ll be able to encapsulate the value better for our players. In an ideal world, we wanted to create a design that allowed the follow of time spent and activity undertaken directly to the token itself
– Usually two token models have one inflationary and one non-inflationary token. Valuation for the inflationary token is usually very difficult, and the technical folks among us will know this, creating value linkage models across two tokens that do different things in an ecosystem is very hard.
– Having two tokens creates confusion for users, i.e. if I’m a brand new user, my only goal is to race snails. Having to learn functions of two separate tokens may effectively be a barrier to game play.
– Listing the single token is much easier than listing 2 tokens 🙂 As most of you hopefully know, SLIME is intending to come to the market in the fairest way possible, and we’ll launch with Dexalot Discovery.
– Most of our partners also worked on this part with us, and this model was universally liked and supported.
But with that said, our founders could definitely add more to this when the technical AMA happens!
Can you tell us about your team members? are they qualified and professional in their fields? what are the recruiting qualifications for team members for your extraordinary project?
FireStorm| SnailTrail
The team is in my opinion extremely qualified and I’d love to explain why. First and foremost, hopefully most of you have read the whitepaper and if not, you absolutely should because understanding the whitepaper is going to be an edge in this game.
Both of our founders are engineers. One of our founders has spent a considerable amount of time building security solutions, focusing on cryptographically secure applications for a very large government research and development firm.
Our other founder has developed many cutting edge web2 applications as a part of large companies, and also has been a game developer for a little while.
Maybe more importantly than this, I know these guys from GAMING. They are legitimate and hardcore gamers.
I’m sure all of you have played at some point in your lives. Have u ever heard the term “CASUAL GAMER” ?
these two guys aren’t that, they were super gamers, focusing on all aspects of the mechanics, design, and game play and I’ve had the privilege of playing with them before.
So my connection to them goes deep and it’s personal.
And it’s not just the founders, a considerable number of people on the team have played the same games with me and our foundrs 🙂
I also want to talk about our chief designer.
This is a gentleman who actually is a real, legitimate artist, who ran his own art exhibitions in the past, who also served as a designer for many large scale projects. I personally love the cool, minimal and unique designs of our snails and it’s 100% his creation and vision.
Our music is produced by again one of our game friends from the past, who is now part of our team.
Our front end is being developed by another gentleman again from our gaming crew 🙂
I think I’ll end this question with, if you played games well with people, that friendship stays around forever 🙂
How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates?
More JPEGS| SnailTrail
Absolutely there are! Our main socials for updates are our Twitter and Discord.
The official Snailt Trail Twitter is here: https://twitter.com/SnailTrailGame
This is where we ran some awesome community contests, promote all exciting upcoming events or game releases, and love to hear back from the Slime Gang as well.
Definitely keep an eye out there for previews and alpha coming soon!
In our Discord, we like to keep the community updated with similar events, but this is where you can ask questions and get quick repsonses from our amazing mod team, some super snails in the community, and even the core team!
You can join the rest of the snails in our Discord here: https://discord.gg/JZTs325xKr
Tons of alpha in there being discussed when it comes to game strategy.
We also have some really cool Discord bots that like sales tracker, snaildex (snail genes and visual rarity from snails you choose), and even a benner bot that creates a peronalized Twitter banner using your snails! All you need to do is enter your wallet address.
Can you give an overview of your Tokenomics, and the UTILITY of Token?
More JPEGS| SnailTrail
Definitely. So a quick review of our token utility is
-Competitive Races
-Incubator
-Laboratory
-Microwave
-Micro-transactions (Cosmetics)
-and more!SLIME is used throughout all the game mechanics
I also want to touch on some alpha that was particularly discussed by our Discord community after some snails had went deep into the white paper.
Many are curious of where the Incubator (breeding) fees go and if they are burned.
Since the SLIME token’s total supply is 300000000, the incubator fees are kept untouched in the contract and circled back into the game rewards when emissions are completed through Daily Missions and future game modes.
Many projects have problems with UI / UX and this one turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space?
More JPEGS| SnailTrail
As Firestorm mentioned earlier, we have an amazing group of hardcore gamers paired with a very talented artist and chief designer.
This makes UI/UX one of the top priorities for our game.
With the player in mind, the game design is built for simplicity. We want our players to have a complex blockchain game, but it feels like a reguler fun video game.
Many many formulas and probabilities, however we make it easy. Let me explain. Our breeding mechanic is very comlpex, but the player will be given the probabilities of possible offspring with the Breeding Simulation.
No need to draw up your own family and genes mapping when you can select two snails and it hands you the potential outcomes on a silver platter!
Another example of this is your snails racing stats. We have someone mention on the Discord how they planned to be very busy recording their snail’s races so they can be the best at optimizing strategy.
Well this is all handed to you on a silver platter as well!
Put away the spreadsheets because all you’ll need to do is check the snail’s details page and you can view a history of all it’s racing stats.
These are just a couple of the ways we like to make sure our players can focus on having fun and strategizing without doing any tedious side tasks. We want to provide the best racing experience!
Dave| Avalaunch
@FireStorlvl and @moreJPEGS it has been a pleasure having you here today. The community very much appreciates the time and presence of you both as a two-headed monster extraordinaire representing Snail Trail. We’ll dig in a little deeper on the tech side of things in AMA #2 and I look forward to hosting the next one.
More JPEGS| SnailTrail
Thanks again for having us! Excited to the future 🙂
FireStorm| SnailTrail
It’s been an absolute pleasure being here! I really hope I get to work with you guys again, we are rooting for the continued success of Avalaunch and we’ll see you all on the trails!
- We believe, if we can power the game, the economy and ultimately the fun with a single token, we’ll be able to encapsulate the value better for our players. In an ideal world, we wanted to create a design that allowed the follow of time spent and activity undertaken directly to the token itself
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Snail Trail X Avalaunch: IDO Announcement
The impact of gaming and now GameFi in the blockchain space can not be overstated. The long predicted breakthrough for Ethereum was long assumed to be gaming on the blockchain. The inherent limitations momentarily put it on the backburner and then along came DeFi. Gaming, as an industry, is simply too big and the blockchain too rife with opportunities for it to be denied. With the advent of “play-and-earn” and the buzzword of “GameFi” now in the vernacular of crypto users, this model represents a potent marriage that could well last a very long time.
What we are witnessing is but the beginning and one that the Avalanche ecosystem will be instrumental in delivering. Avalanche is attracting more and more top tier projects that require the low fee structure and near instant finality of this powerful L1.
For gaming projects, such features are essential and fortunately for Avalaunch, we are pleased to announce our next IDO: Snail Trail.
Project Overview
Snail Trail is an NFT based racing game where players place their Snails in competitive races and win rewards. Players can own, optimize, reproduce, and race with their Snails.
Every Snail belongs to one of five families. Based on their genetics, they have unique traits and racing preferences that players can get to know better to develop tactics and strategies that will improve their performance — and maximize reward earnings. A Snail’s performance also depends on the racing track environment. The game’s reproduction systems allow players to mint more Snails and compete in more races.
Snail Trail is a new kind of racing game that requires strategic thinking and foresight — paired with the fun of collecting NFTs. Snail Trail is the first NFT based racing game on Avalanche Network where each snail has innate artistic characteristics rendering it unique, while combining other traits that affect a snail’s racing performance.
Snail Trail is extraordinarily well thought through and their documents are remarkably thorough in clear in delineating both the value proposition of the game and the level of strategy required in order to play it effectively. For sake of this overview, we will not delve into all of it but for highlighting the approach, let us consider the family and classes of the snails.
Family
- Snails can belong to one of 5 different families.
- Each family has a different letter assigned for its gene.
- Each snail has 20 genes in its genome. The most dominant gene determines its family.
- Both parents randomly pass on 10 genes to the offspring’s genetic sequence.
While the quantity of genes is important for reproduction, its order in the genetic sequence is not. Genesis Snails have the following genetic sequence:
Family genes are ordered from recessive to dominant which means Atlantis (X) is the rarest one while Garden (G) is the most common. Even though Genesis Genomes are not purebred, snails might evolve into purebreds through the reproduction process if they have 20 times the same gene.
In determining the family of a Snail, Purity is used as an indicator to indicate pedigree as it shows the count of the most common genes in a given snail’s genetic sequence. Purity for a snail can be 4 at minimum and 20 at maximum. For example; purity of a genesis snail is 11.
If an offspring snail receives the two most common genes, which family would it belong to?
The snail will belong to the family which has the most dominant gene. Let’s take a look at an example. If a snail has a 4X + 4A + 4M + 4H + 4G distribution in its genome, then it will belong to the Garden(G).
Class
Snails can fall under one of the following 7 classes:
- Master, Expert, Apprentice, Initiate, and Novice classes will be available in-game anytime.
- Genesis and Special classes will be minted to specific users for a specific time period.
Beyond these measures, the Snails delve into generation and adaptation:
Generation: The generation of a snail represents how far down a snail is from the first ancestor on its family tree. A snail can be brought to Earth in two different ways: as an Incubator or a Laboratory snail.
Adaptation: Each snail adapts in a unique way to its environment. However, this does not mean that a Cold Adaptive Snail never performs well in Hot conditions. On average it achieves better results in cold conditions than in any of the other environments.
The appearance is composed of colors, body types and the traits of the snails’ features themselves. Given adaptations and myriad factors will affect performance given that the races themselves will vary in both distance and conditions.
Closing Thoughts
Snail Trail is a project more than worth investigating. Although we are not fond of comparisons, it has the sort of maturity and thoughtful economics of larger, more established tokenized games. We believe that it is yet another great example of how diverse the gaming culture is becoming on Avalanche.
Consider Snail Trail’s roster/lineup of events:
- Competitive Races
- Daily Mission Races
- Incubator (Breeding)
- Laboratory (Burn & Mint)
- Microwave (Upgrade)
- Leagues (Seasonal Rewards)
- Tournaments
- Twitch Live Stream
We strongly encourage potential users to deep dive into this project as the perfunctory overview offers a mere glimpse. Snail Trails at a high-level is quite easy to grasp — NFTs as snails with distinctive characteristics which participate in races in a play-to-earn environment. This is an attractive point of entry for many that will surely send them down the breeding rabbit hole and given the game launch is slated for this quarter, we are all, to some degree, off to the races!
“The Avalaunch created the one of a kind prime platform for launching successful projects. While most from the outside see Avalaunch as an IDO platform, having worked with the Avalaunch team over the course of many challenges, I can safely say that they’ve created something truly unique and extremely valuable to the ecosystem. The support and most importantly guidance we have received from Mark, Dave and the rest of the team has simply been priceless. They’ve helped and we strongly believe that they are a big part of our success.” Co-Founder of Snail Trail, Orexr.
Snail Trail: LINKS & TEAM
Website | Gitbook | Twitter | Telegram | Discord |
Partners & Backers
“We have a very distinct model for working with and supporting GameFi projects at FireStorm Capital. We focus on strong founders and inclusive and easy to play projects that approach communities in an organic way rather than hype-driven paid user acquisition. SnailTrail fits the bill perfectly, and the team’s know-how, vision, design mentality and perseverance is beyond impressive. We are happy to be part of this movement, and we’ll race our snails beyond the finish line.” — FireStorm, CEO @FireStormCapital
Funding Numbers:
Total Supply: 300M SLIME
- Private: 50.4M SLIME at .055 USD — 2.772M USD
- Public IDO: 18M SLIME at .066 USD — 1.188M USD
- Hard Cap: $3,960,000 USD
Supply Breakdown & Vesting:
Total Supply: 300,000,000 SLIME
- Platform Rewards Incentives: 144M SLIME (48%)
- Private Sale: 50.4M SLIME (16.8%)
- Team: 36M SLIME (12%)
- Liquidity: 24.6M SLIME (8.2%)
- Public Sale: 18M SLIME (6.0%)
- Advisors: 12M SLIME (4.0%)
- Treasury: 9M SLIME (3%)
- Airdrop: 6M SLIME (2%)
Vesting:
- Platform Rewards Incentives: Half of the rewards will be distributed with in-game play-to-earn concepts in the first two years.
The remaining will be used for tournaments, seasonal rewards, bonuses, future game modes, failsafe mechanisms and additional, longer-term developments. The table shows the estimated targeted emission amounts. These numbers might change depending on in-game demands and activity.
- Private Sale: 10% at TGE, 6-month cliff, quarterly release (18 months total)
- Team: 12-month cliff, quarterly release (24 months total)
- Liquidity: 100% at TGE to be deployed contingent upon listing plans
- Public Sale: 25% at TGE, monthly vesting over 6 months
- Advisors: 12-month cliff, quarterly release (24 months total)
- Treasury: 3 month cliff, monthly unlocks for 9 months
- Airdrop: 12-month cliff, discretionary unlock thereafter
Other:
- Initial Circulating Supply: 9.54M SLIME (excluding liquidity tokens)
- Initial Market Cap: 629.6K USD
- Initial Liquidity: Contingent upon listing plans to be finalized
The Snail Trail IDO on Avalaunch
- 18M SLIME at .066 USD (Total Supply: 300M SLIME)
- Sale Size: $1,188,000 USD
Registration Schedule:
- Registration Opens: April 23rd at 3:00 p.m. (UTC)
- Registration Closes: April 26th at 6:00 p.m. (UTC)
Sale Schedule:
- Validator Round Begins: April 27th at 6:00 a.m. (UTC)
- Validator Round Closes: April 27th at 3:00 p.m. (UTC)
- Staking Round Begins: April 27th at 3:30 p.m. (UTC)
- Staking Round Closes: April 28th at 6:00 a.m. (UTC)
- Booster Round Begins: April 28th at 6:00 a.m. (UTC)
- Booster Round Closes: April 28th at 11:30 a.m. (UTC)
IDO Recap
- Total SLIME for sale: 18M
- Price: $.066
- Size: $1,188,000
- Vesting — 25% at TGE, monthly vesting over 6 months
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MetaDerby AMA #2 — Technical Deep Dive with Karm (Co-Founder, Tech Lead) & Sky (Marketing ) (Recap)
In this AMA, we will be joined by Karm and Sky, MetaDerby’s Co-Founder and Tech lead, and Marketing Lead, respectively. We’ll be covering the project at a high level. The focus of this AMA will be the business development, vision, road map, and post-IDO plans.
Dave| Avalaunch
Hello and welcome to the sequel, the due, the deux, part II of our AMAs with Metaderby. Yesterday, well, I have to say it, @misutelegram put on a clinic and set the bar perhaps unreachably high. Here to see if they can come close without pulling an Icarus are two fine members from Metaderby — @metakarm and @sky_harris. Welcome. How are you both doing today?
Sky| MetaDerby
Hahaha yeah we love @misuTelegram Thanks for having us! Doing great
Karm| MetaDerby
Hello everyone
Dave| Avalaunch
Good to hear and welcome. Let’s get into it and before we begin, I’d like to thank you for coming on board. Not commonly we have two esteemed colleagues.
Please tell us a little bit about yourself: your academic background, your previous experience and how you ended up being involved with MetaDerby?
Sky| MetaDerby
Hey there, I’m Sky- marketing lead at MetaDerby. I graduated from the University of Utah in Salt Lake City, and have worked in a slew of Web2 companies including ByteDance (TikTok) and Lenovo doing digital media marketing and product marketing. Previously I’ve launched a couple NFT projects, as well as a DEX and a DEX-builder before coming to MetaDerby
Karm| MetaDerby
I am Karm and I worked at Binace.US for 2 years when Binance. US was just launched. Nice to meet you guys
Sky| MetaDerby
Karm is part of the former Binance mafia that runs our team. I just happened to be in the right place at the right time. But here we are, Karm having developed the algorithm and me along for the ride at MetaDerby!
Dave| Avalaunch
Awesome and quite a ride it will be I have the feeling.
Why is MetaDerby’s team adept to build the web3 infrastructure to enable the first blockchain horse racing game on Avalanche?
Karm| MetaDerby
Fist of all our founder Mike is a big fan of horse racing. We also thought it’d be a pretty cool idea to buid a hourse racing project on-chain.With Metaderby we’ve combined traditional horse racing with innovative technoologies to make the whole thing more intersting and exciting, We are a team that understands both horse racing and blockchain, So why not buid a horse racing geme on the Avalanche blockchain?
Sky| MetaDerby
Yeah Karm has 10-years of development experience, which is more like 20 in the environments and pace he’s worked at haha. As tech lead previously at Binance, and with a fully-staffed development team underneath him, the pace and consistency with which we hit our milestones is pretty staggering.
As far as Avalanche goes, it became a clearer and clearer choice for us over time. Quick transactions, cheap transactions, over 120,000 smart contracts deployed and 20k unique developers as of fall last year. And subnets will be increasingly interesting for us and other AVAX projects.
Dave| Avalaunch
Excellent. Subnets indeed are interesting. When did the full team come together, how many full-time devs are there, and how long has the game been in production for?
Karm| MetaDerby
We come up with the idea in October of 2021 when we thought horse racing would be cool. There are just a couple of us at that time. Now? We have grown to team of over 20, with more than 10 full-time developers, We are actually still expanding and you are welcome to join, so send me your resume hahhahah.
We actually started develpment early on in November with two demos, We wanned to give your uses best experience and we ended up going with the second domo version of the game, That’s the current iteration we are implementing.
Dave| Avalaunch
How long did it take the team to develop the horse racing module prototype? What about building the marketplace?
Karm| MetaDerby
The horse racing module prototpy is a crucial part of the game. is’t the first thing we developed / it took us about 3 months to develop the 3D model of the track race, We have been working on ths fro a long thime and there will be more equipment and new race horses coming in the future, so you should definitely be paying attention
Sky| MetaDerby
The Mystery Box segment of the marketplace is finished. We’ve had that ready for a few weeks now. That took the product and dev team a few weeks to finish completely. Actually, a lot of the time spent on the Mystery Box segment of the marketplace was put into design. We went through a couple design iterations of the Mystery Boxes and ended up with models that we really are quite excited about. You can check those out now on our webiste.
The horse market segment of the marketplace is still under development, and estimated to launch around the end of May.
Dave| Avalaunch
Thanks for this. I’m always into a good mystery box segment. Color me curious. 😀I have to say, there are many well-thought mechanics at play that make MetaDerby a unique, competitive game, ranging from races and breeding to NFTs, as well as intricate earning mechanics. Can you give us a high-level overview of these different aspects and how they interlink together?
Karm| MetaDerby
Yes, we have the bloodlines, breeding, the marketplace, comeptitions and daily race rewards, etc, And there is very clever connection between them that constitutes our system, Briefly, a horse’s pedigree affects the performance poins of a hourse and the amount of money you earn through the market where you can buy a horse that you can then go on to breed, From there, customize and level up your horse for more rewards and racing.
Sky| MetaDerby
Let me break it down like this:
Horses are split into 6 classes -> Starter Horse, Class V, Class IV, Class III, Class II, and Class I, with Class I being the strongest, and the starter horse being the weakest. Horses will race within their class.
Dave| Avalaunch
Out of the range of mechanics that make MetaDerby unique, which one has been more complex or required more time and effort to build from the get-go? What set of challenges do you expect once in their beta version?
Karm| MetaDerby
Essentially, having so many factors related to each other and intricately interwines is a very challenging thing, We think we have truch a good balance between the rac matching algorithm, gam logic, reward output, etc. one common problem is this space howere is token inflation, but we have taken steps to ensure that there’s a balance between experience gained, rewards gained, cooldown periods and more to stifle inflation issues, thre’s elements to wining that include not only your horse performance, but also its properties, and a decent amount ofRNG as well
We also have plans to introduce a customized lobby mode that allows your to play with your friends , witch will then increase the social and community felling of the game
But for now with the beta game, we are prepared what we hink is a pretty good user experience to reward those who have supported us and participated in our activities in their early stages
Sky| MetaDerby
I’d say probably our breeding logic. We put a lot of thought into how we were going to handle breeding and how that would affect the game economy. There had to be controls on breeding as not to have a rampant number of new NFTs being created and causing the game economy to inflate out of control. Also, our breeding logic mimics real life, in that 2 parent horse NFTs breed a new offspring which has a chance to be of better quality and stats of either of its parent NFTs. The concept seems simple enough, but it is not a logic used by other games.
Dave| Avalaunch
Looking at the roadmap there are so many corner-stone developments on the way. Among them is a mobile version of the game. Will this have the same accessibility as the DApp version?
Karm| MetaDerby
Yes we will launch a mobile version so that users can join the competition at any time, We are designing our account system for it now You will of course be able to sign in with your wallet address, but we are also considering adding login features via facebook, phone email, and other third party to login features, we wanna make the agem as accessible and easy to play as possible
Sky| MetaDerby
There’s less GameFi projects than you might think launching a mobile app version. There’s some reasons for that, including the chokepoints from web2 tech companies and the fees they take for launching your app on their platform.
Dave| Avalaunch
Later in the year, VR integration is posed as the first step to leap into the metaverse. Can you describe this integration, what it will entail and how long do you see this in the development phase before players are able to immerse themselves into the MetaDerby metaverse?
Karm| MetaDerby
Yes we plan to support VR versions. VR provides a real user experience, imagine that you can watch the real game at home at a different angle from what you’re used to with the game previously. We’ll start development after the mobile version of the game, around the fourth quarter of this year. Support for watching the game in VR is not actually as difficult as you might think, but we are aiming to provide more functionality in the VR version of the game.
Sky| MetaDerby
Our current testnet version already has 3D camera angles viewable from all angles with zoom in and out capability. To move this one step further, we want users to be able to enjoy the game in VR and have a first-person view of the race. So in the first iterations, it will be the point of view of the horse, but we plan to add Jockeys in the future, so the view will be from the rider perspective. Also we want to build the VR function in with the NFT land creation as well as spectating. We want users to be able to view races, make predictions and maybe even catch a live concert combined with one of the tournament events.
Dave| Avalaunch
What sets of technical challenges did your team encounter while building the early infrastructure for the game? How were these overcome?
Karm| MetaDerby
This is a good question We have a strong technical team, for our users- fund and account security/safety is the most important thing. We did a lot of protection in this aspect, including encryption, SSL signature strategy management, in-game wallet design. Having the courage to make such decisions is a challenge in itself, and we have designed coping strategies that include preventing robots and deterring any bad actors in potential extreme situations. Safety is key for our project, our users, and our team at Metaderby
Sky| MetaDerby
Our first demo version that we built for testnet was too laggy because many functions were waiting for on-chain results. In order to overcome this we had to do a rebuild for better scalability. It’s a combination of centralized gameplay with decentralized blockchain aspects. The important parts like user wallets and assets will of course still be on-chain.
Dave| Avalaunch
Why did the team decide to build on Avalanche as opposed to the earlier blockchains? And how has your experience been developing in this ecosystem?
Karm| MetaDerby
We investigated a number of chains including BSC, Polgon, AVAX, etc. But we believe that AVAX is a fast-growing public chain with a large user base. Most importantly, AVAX continues to maintain the ability to scale and innovate. We plan to develop support for a subnet base on AVAX which will be vital for development of our DerbyVerse.
Sky| MetaDerby
You just flat out can’t build on Ethereum with transaction costs and snail speeds. There are a bunch of other newer, high throughput chains, layer 2 solutions and EVM chains. Ultimately we decided to build on Avalanche because we saw how passionate and supportive the avalanche community is. Also its rapid growth with subnets an attractive future upgrade for us.
This community really is amazing. Lots of projects and people supporting each other across the AVAX ecosystem. It’s a choice we made that’s continue to give and give as time goes on.
Dave| Avalaunch
Appreciate this. Are there any last thoughts or comments you would like to share with the community today?
Karm| MetaDerby
We’re really excited about this project. We’ve put our whole heart into the development of this thing. We’ve had a couple challenges along the way, but have found solutions for it all and have become much stronger as a team because of it.
Horse racing is now in our blood. The metaverse is next, And we are really excited to have you with us
Sky| MetaDerby
At this point it feels like there’s nothing we can’t do. We won the Dora Hacks Avalanche. Asia Hackathon our DerbyTicket NFT collection sold out in 5 seconds, and our IDO is currently underway which we expect a sellout performance in.
A huge thanks to our community. The groundswell of support we’ve received over the last few months has been astounding.
Check out our socials on Twitter, Discord, Telegram, Medium, and Reddit. And go to our IDO page on Avalaunch to participate!
Check out MetaDerby socials!
Twitter: @metaderby
Discord: discord.gg/metaderby
TG: t.me/MetaDerby
Website: https://metaderby.comAvalaunch IDO Happening NOW!
Excited to have you join us! Can’t wait to race together in the DerbyVerse
Twitter Questions
From @CryptoKhangng2
Looking at your investors, you have an incredible investor base. We are excited about the interest of these investors in this project. Any more exciting news?
Karm| MetaDerby
Thanks! We feel quite confident in our investor base too. We’ve reserved some allocation for a big new investor actually. We can’t tell you who it is yet, but we’ve been in talks for weeks with them and we are excited at the potential to leverage their resources and market for MetaDerby
From @Boredbull1
What strategies will you employ to prevent DBY token from having long-term liquidity problems?
Sky| MetaDerby
Staking. Staking and derbyverse land purchases. Staking is going to give you a couple benefits- an APY of course. But we’re also developing referral links that are generated from staking, as well as game governance features that will all incentivize users to stake $DBY.
Plus, with the development of the DerbyVerse, land sales are going to be made in $DBY. So holding the $DBY token will be paramount to building into the future of MetaDerby.
From @CristianDaro19
How many team members do you have? Do they have enough experience in the blockchain field?
Karm| MetaDerby
Let’s see…we’ve got 10 full-time devs on my side. For marketing?
Our dev team is really experienced in blockchain development. We’ve got JS guys, Golang, Solidity, Haskell, all the skills that we need really.
Sky| MetaDerby
Marketing we have 6 full-time. Plus the founders. So it looks like we’ve got about 17–18 total team members.
Yeah and our marketing team is full of NFT nerds. Our head was Global PR at Binance for years and years, and members of our team have plenty of experience launching NFT projects, DeFi projects, Dex-builders tools, SocialFi projects, and more.
From @Ramachari110
Does the game allow player to player interactions? Will MetaDerby game have special rewards for the most outstanding builders/players of the week?
Karm| MetaDerby
Yes. Customized game lobbies is the first one that comes to mind. Regular race winners will be invited to weekly tournaments, where users can actually earn $DBY tokens! So we do have some of those features built in.
From @AkihisaMori45
who asks — Looking forward to the future of Metaderby — Now I want to ask what do you want from the public?
Sky| MetaDerby
Your support! We couldn’t do any of this without our community. Come join us, be active in our ecosystem, our socials, our game. Give us suggestions on what you’d like to see, and come along for this awesome ride with us!
Telegram Questions
From @LokiTwoSpirit
Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to your platform and keep them long term. @Sky_Harris
Sky| MetaDerby
Yeah great question! Our big push right now is to be involved and cross-promote with AVAX projects and communities. We just announced our token listing and parternship with Trader Joe, the 10th biggest DEX in the world by TVL. We’ve partnered with Kalao to list our DerbyTicket NFTs. From there, we’ll keep pushing to collaborate with awesome projects and teams to gain more visibility.
From @jerilynberry
Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project??
Sky| MetaDerby
Yes! We have huge communities in HK, Turkey, Japan, Vietnam, Europe, Indonesia, and really all over. We have dedicated community moderators, as well as some Twitter personalities and YouTube video influencers who help us reach those markets and interact with those communities.
From @Lashandaik
Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration ?
Sky| MetaDerby
Definitely! Come join our Discord community, provide your suggestions, communicate with us directly. Plus, with the launch of $DBY, stakers will have governance utility and will help decide the future of the MetaDerby project.
From @Chinta111
What strategies does your project use to position itself and grow its community of players and strengthen it?
Sky| MetaDerby
We’re the first free-to-play-and-earn horse racing game in the metaverse, and the first horse racing game on Avalanche. Those are really big selling points for us.
Community growth is actually pretty organic when you have an interesting product that’s needed. People love working with us, making content about our game, and joining our activities. We expect that to continue well into the future for MetaDerby and our community.
From @roseanne_graham_74
What’s your main focus right now, are you focused on the community or market/Exchange or the products?
Sky| MetaDerby
IDO is happening tomorrow! Along with that, we’re focused on the beta game launch in about a week or so.
Next is the alpha game launch in early May. Those are the big milestones for us. So product development and marketing will be working hand in hand to knock those out of the park.
Dave| Avalaunch
@Sky_Harris and @metakarm as you know you had tough act to follow. @misuTelegram gave us his heart and soul yesterday but you have fared just as well. We truly appreciate your time today and we got a two-headed metaderby metaverse monster for the price of one. A treat having you both and I as well as our community look forward to your launch and the great things that clearly lie ahead.
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MetaDerby AMA #1 — Project Overview with MetaMike (Founder) (Recap)
In this AMA, we will be joined by MetaDerby founder, MetaMike. We’ll be covering the project at a high level. The focus of this AMA will be the business development, vision, road map, and post-IDO plans.
Dave| Avalaunch
Hello and welcome everyone to the MetaDerby AMA brought to you by Avalaunch. I have to say this is a project I’ve been excited about for some time. Today’s guest is someone I’ve had the pleasure of spending IRL time with and I’m psyched to have @misutelegram here with us today, one of the co-founders of this promising project. Welcome, how are you?
Misu| MetaDerby
Hi, I’m good, thank you for having me
Dave| Avalaunch
Good to have you. Let’s get into it and thanks for being with us today. Can we start with a brief introduction about yourself pls? How did you get involved in crypto?
Misu| MetaDerby
Hi, I am Meta Mike, a founder of Metaderby. I have been in the crypto space since 2017 and have invested at the seed round level, advised or co-founded numerous projects. Last year, I dove into the NFT space and naturally that led into gamefi and p2e games.
I got in to the crypto through a personal friend who was way earlier in the space, and at the time was quite a big trader and investor. We would always meet to talk about crypto for a couple years before I got into it fully and financially.
Dave| Avalaunch
What is MetaDerby and how did the concept come about? What market need does it meet?
Misu| MetaDerby
Metaderby is the first Free to Play to Earn horse racing metaverse being built on Avalanche. Players will able to claim a horse NFT for free to start their gameplay journey with us. There will be multiple aspects of the game for different types of players to enjoy. From racing, to breeding, to NFT land ownership and race result prediction and spectating.
The concept for Metaderby and game play logic was the idea of my co-founder Karm. Karm is an avid gamer and played multiple p2e games and even started his own guild, before coming up with the concept. Previous to joining Metaderby team, Karm was the tech lead of binance.US and has been a software developer at other major tech firms before that. I got involved at the start when we were putting the team together, and we managed to setup a great team and also work with a great strategic advisor and incubator.
The Horse racing industry is a huge industry that most people have no idea about, unless it is actually something that you are interested in. Globally it is a roughly 112 billion dollar annual industry. We are lowering the barrier to entry for people to try and play a horse racing game, and spread this ancient past time to the masses.
Dave| Avalaunch
Unlike many other NFT and Play to earn games available, MetaDerby’s idea of completing some early tasks to receive a free horse NFT stands out. Can you tell us what these tasks are, how long it takes to complete them, and most of all why did you implement this strategy?
Misu| MetaDerby
So we wanted to create a free to play game and lower the barrier to entry so that everyone could try and enjoy a p2e game. So what we are going to offer to all users is, if they sign up on our site, and compete some social media tasks, they will be able to get a free horse in game to start racing with.
Some of the tasks are just going to be some social media tasks, like like and follow, tweet, join our discord etc. So it won’t take users long at all to complete.
Dave| Avalaunch
Got it. I think lowering the cost of entry to zero is a coup. Many games have become prohibitively expensive in part due to their success.
Appreciate the model — As a traditional horse racing game, MetaDerby implements the most famous horses in American history, but of course this goes beyond with many more classes. Can you expand on the horse characteristics and how these aim with the overall vision of the game?
Misu| MetaDerby
So we are trying to give an authentic experience to the player. Horse racing in the real world is already such an intricate and robust ecosystem. We didn’t have to make too many changes to it and try to mimic real life.
Just like in real life there are different classes of horses when racing. Lower classes race against each other and as they win races and run better times, they get promoted in class.
Each horse also has stats which will affect the outcome, its bloodline, speed and stamina, etc. As you racing the horse in game and train it. You will earn points which you can allocate to boost these stats.
Dave| Avalaunch
It is a longstanding, rich with history, industry, pastime and passion. You’re taking a very big act to the blockchain. As with many games built on the Web3, MetaDerby is no different. Can you tell us why the concept of NFTs and the metaverse were married together to produce this game?
Misu| MetaDerby
With the advent of blockchain and NFTs, users that play any sorts of games will be able to manage and control their own game assets. This is a huge step forward, and I believe that in the future, most multiplayer online games will have some aspect of blockchain integrated into it.
The metaverse will eventually become an immersive virtual experience. And the horse racing industry is so robust with so many different eceonomies going on, as I said earlier, we want to give our players an authentic gaming experience. So not only are there horse races, there will be a whole economy around the breeding and trading of Horse NFTs. The most widely participated aspect of horse racing in real life is the spectating and predicting of race results, so this will also be a big part of the game. And lastly we want players to be able to be part of the creator eceonomy, and thus we are offering NFT lands for sale for players to create and earn with.
Dave| Avalaunch
I’m going to sell mint julebs on my land. 😀 How do you envision the MetaDerby metaverse? Which elements do you think will give it a competitive edge over the other metaverses?
Misu| MetaDerby
The way I envision the metaderby metaverse is that there will be the daily grind of races. where users are trying to improve and rank up their horses in order to be the best performers so that they are invited to weekly tournaments.
We really want to have players enjoy playing the game and this game having that social element to it, where players will race, play and even wager with their friends. We want to add in the entertainment aspect to it so that players can enjoy it together. So they enter races, participate in a tournament, perhaps watch a big Tournament / Sponsored Cup event coupled with a live concert all in our metaverse.
And in the future, we don’t want to restrict ourselves to only horse racing. It will start as a horse racing metaverse, but we plan to expand it further and include various other types of games too.
Dave| Avalaunch
Really appreciate these thoughtful answers.
MetaDerby seems to operate under a dual-token system: DBY and HOOF. Why was it important to have this and how does the utility of these tokens differ from one another?
Misu| MetaDerby
We felt having the dual token model was the best system because it allows us to manage our token economy. $DBY or Derby Token is our governance token, which will be finite and tied to the success of the game. And $HOOF token is our in-game currency that is used for most aspects of the game. HOOF will be used to pay out daily rewards to users and we also implement various burning mechanisms to help to keep the inflation down.
By having this dual token model, it also allows us in the future to expand the metaverse further. We can forge partnerships with other game developers by inviting them into our Metaderby ecosystem, and having them use DBY as their governance token too, while issuing their own in-game token, all while creating within the Metaderby metaverse.
Dave| Avalaunch
And, to procure the land where i can open my mint juleb stand, I will need DBY.
How soon after the token launch will staking become available? Can you briefly tell us about the staking tier system and how the staking mechanism works?
Misu| MetaDerby
Yes, to buy our NFT land, you will need DBY our governance token. Land ownership makes you a stakeholder in our metaverse
So upon the completion of the IDO and the token LP created with Trader Joe. We will have token staking farms also, we have not announced the details of that publicly yet though.
Dave| Avalaunch
Gotcha. We’ll keep our specs peeled for that announcement.
Besides the DeFi staking model, you also have a referral system that crypto-gamers can enjoy. How do you plan to reach the traditional players not already involved in crypto gaming?
Misu| MetaDerby
Yes, we plan to have a referral system for guilds which will incentivize them to on-board their players/scholars to play our game. Our focus primarily though, are the casual gamers who are playing this game because they enjoy it and for fun. Of course we also do realize the importance of partnering with guilds and guild play, but we don’t want our game to turn into something that people are just here to farm.
The full details of our guild referraly system will be released in the future. It will not be included at the immediately release of the game and will come slightly after.
Yes, to buy our NFT land, you will need DBY our governance token. Land ownership makes you a stakeholder in our metaverse
So upon the completion of the IDO and the token LP created with Trader Joe. We will have token staking farms also, we have not announced the details of that publicly yet though.
Dave| Avalaunch
One of the milestones on the current roadmap include the weekly tournaments and the breeding event. What are they and how do they work from a player perspective?
Misu| MetaDerby
So we want also want users to play our game who aren’t in the crypto space. We are building a mobile app, and for the non-crypto users, we want to make t so that they can sign up for an account, and we will create the wallet for them in-game. So they will be playing our game, and hopefully, not even have to realize that they are playing a ‘blockchain’ game
Dave| Avalaunch
This is a good point as well. That adoption thing. Free to earn will definitely give you a head start. This is a plus.
Misu| MetaDerby
From a player perspective, there will be daily races that are ongoing 24/7. You will have to participate in races as part of daily tasks to recieve an extra daily task reward. We will invite the top horses to participate in weekly tournaments where the prize pool will be paid in DBY token.
Users will also be able to breed between male and female horses. They will create a new offsping horse NFT. Fees will need to be paid in HOOF and DBY tokens by each party. There will be cool down timers on the breeding as well as it gets progressively more expensive to breed a horse, there will be a counter of how many times an NFT is bred and also a max cap.. Offsping horse NFTs have the chance to be of better quality and stats than their parent NFTs.
Dave| Avalaunch
This is impressive. Intricate and thought through.
You’ve been quite successful at making connections and partnering with some big players in both the Avalanche ecosystem as well as gameFi space. What values adding-partners will you be targeting next and why?
Misu| MetaDerby
When we attended the Avalanche Summit, it was great event to meet everyone in person. And when we were there, we announced our successful seed round raise.
I did manage to network with a lot of people and talk to them about Metaderby, everyone I spoke to was interested to invest, but unfortunately, we had no allocation left in the round. There were some big names who were interested.
But for direct next steps, of course we also want to partner with some centralized exchanges. In a p2e game, it is so important to be able to provide liquidity to the players. Whilst DEXs are great, the liqjuidity is usually not as great. So we want to be able to offer that to our playes.
Dave| Avalaunch
I’m sure no one here will complain about your centralized exchange plans. 😀And, our final question before we move on to the Twitter portion of the program — What are you most excited about when you think of MetaDerby and why?
Misu| MetaDerby
Like I said earlier, the traditional horse racing ecosystem is already so robust. We are excited to bring that experience to players, but also expand upon it and create a whole virtual experience with other game plays and entertainment aspects. So while we are a horse racing game, we don’t want to be limited to just horse racing in the future within our DerbyVerse.
Dave| Avalaunch
Well played Sir. You have the captured our appreciation on the first leg of your Avalaunch AMA journey.
Twitter Questions
From @daredevil2706
What type of races will be there? will there be any tournaments in-game that owners can do?
Misu| MetaDerby
So there will be daily races which are on-going 24/7. Horse owners can race by joining our matching system. The matching system will put you against horses of a similar class only. There are classes 1 through 5. With 1 being the top. And yes there will be tournaments which are invitational. We will invite the top performers weekly to take part in it.
In the future when we build out the metaverse and have the land sales, users will even be able to create their own race tracks if they wish. They can arrange and host races and set prizepools and earn from that.
From @moonboy_jack9
Is your gameplay can be easily understood by all kinds of players especially fwor those who are relatively new into crypto or just starting out?
Misu| MetaDerby
Yes, the game play is very simple. I am not sure if you had any chances to view some of our demo videos that were posted to our social media. But all a user has to do is click the horse that they own, and then press race. If they do not own a horse, there will be buttons leading you to either claim your free horse or to buy a horse.
Dave| Avalaunch
Moonboy Jack needs to DYOR a little more because those demos are fire.
From @Maiphuong32
Many Play-to-Earn projects struggle with the token inflation problem. Is there a way for MetaDerby to solve that problem?
Misu| MetaDerby
Yes, token inflation is a big problem in p2e games. with rampant and uncontrollable breeding to the farming of reward tokens. Luckily we are launching our game at this point of the game-fi industry. We were lucky to be able to see what the successful projects did well and where their pain points were.
So we do have various burning mechanisms to control our token inflation. All users will have to pay a race joining fee to enter a race, and from that pool, we cut a small percentage to burn. When breeding is done, there are fees to be paid and a portion of that will be burned. Our NFT market place will also have a small commission which a portion will also be used to burn and lastly for our prediction lottery, it is a rolling prize pool and a percentage of that will be burned. For the NFT token inflation, we also implemented cool down timers on breeding as well as maximum amount of times each NFT can be used to breed as well as increasing breeding fees each time the same NFT is used to breed. So it won’t make sense to use the same Horse to breed to the max limit, unless it is a horse of superior quality. And also the offspring horse NFTs will have timers on when they “grow up” to be able to participate in races and breeding.
From @quyencao3200
Which will be more important to win the race, strength and speed of the steeds, or player skills?
Misu| MetaDerby
So each horse has different stats, and just because you have the horse with the best stats on the track, does not mean you will always win the race. We have implemented a large luck factor that will contribute to the results. The luck factor is random number generated. The way it works for example is like top speed, a horses stats if its a good horse, there will be a range for top max speed to lowest speed, the luck factor will determine where on that range of top speed your horse will run during that race.
From @AdcDavidtai1999
Your project looks unique and different ! How would you introduce Metaderby to “NON CRYPTO” people in order to make the project grow in the long-term.
Misu| MetaDerby
We also want to target non-crypto players and that is one of our focuses. We are making the game free to play and also eventually making it so that users won’t even need to set up their own wallet, and it will be tied to their game account.
To us who are in this space, setting up a wallet is simple enough. But to a non-crypto person who knows nothing of this space, setting up a wallet, private a public keys and then network settings to make sure you’re on the right chain with metamask etc. These are all too complicated and barriers of entry for them. So we want to simplify it down as much as we can and make it as easy to play as other mobile app games.
Dave| Avalaunch
Thanks for all this info. Again, it’s impressive what you all have developed over time with this. It’s one of the more mature games we’ve encountered to date.
Telegram Questions
From @Caryn_Rader
Are you afraid some day there will be another project with more innovative technology can replace your project ?
Misu| MetaDerby
This is the nature of the tech and crypto space. Our team needs to remain agile and flexible to be able to adapt to new technologies or situations. Sometimes some of the questions I answer about plans for the future, get changed by the time that future comes, because we’ve had to adapt to the new realities in the eco-system.
From @KayleenCoburn1996
Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to your platform and keep them long term.
Misu| MetaDerby
We have multiple marketing campaigns on-going. Some within the crypto communites and guilds via AMAs in telegram and discord and social media. Other media is targetting the legacy tech market and maybe people who aren’t in the crypto space but interested in tech and games.
I spoke about how we want everyone to be able to play our game and be as inclusive as possible, so we have to target people outside of the crypto space also. And to keep them long term, we need to make the game fun and also provide value for players to be able to earn for participating in our eco-system.
From @Orenjineko02
What is your opinion about current market condition?
Because when we launch a project in bad market, they will spread many FUDs. How DBY team counter it?Misu| MetaDerby
The current market conditions for crypto overall are not too bad. Most recently, we have seen a small pullback in the game-fi space, I think something that contributes to this is maybe the fatigue of farming games repetitively. I highlighted earlier that these games, most importantly, need to be fun to play. So that should be the primary driving factor for people to play it.
From @preciouswoody
Do you guys feel satisfied by seeing your progresses and achievements till now, when you look back to the day when you have started this project?
Misu| MetaDerby
Yes, we are very satisfied, but also know there was room for imporvement. Since we started work on this project, we have built a demo version and our beta is launching at the end of this month.
We had a successful seed round raise and were able to announce it while we were at Avalanche Summit in Barcelona meeting many of our investors and partners, like Ava Launch!
We had a successful NFT mint for our Derby Tickets, the public mint sold out in seconds and we are the top volume collection for the last 7 days on Kalao.
And finally we also recently won the community vote for the Dorahacks Avalanche Asia Summit with over 6500 votes.
I would like to know why team decided to create project within the NFT? How much potential do you see in the future for the NFT?
Misu| MetaDerby
Our team seems blockchain and NFTs as the future of gaming. Not just crypto game-fi, but all gaming.
Before when smart phones were initially released, there were mobile game apps and that was a new concept for people. But today, that is the norm.
Blockchain and NFTs allow users to have governance over their own assets, hold them securely and trade them as they want. Imagine all the multiplayer online games you have played from legacy gaming, don’t you wish you were able to freely trade your inventory that you worked so hard to procure?
Also, blockchain can make things like competitions provably fair and also record the results for everyone to see and not be tampered with.
Dave| Avalaunch
Thank you @misuTelegram
You’ve been a great guest and it was pleasure to have you and hearing more about Metaderby.
Very much look forward to our sale and your forthcoming launch.
Misu| MetaDerby
Thank you for having me here today.
Everyone please follow our social media for the latest updates, we have the IDO coming up soon with our awesome partners AVAlaunch and the latest updates on that will be from our twitter, discord and telegram groups -
MetaDerby X Avalaunch: IDO Announcement
MetaDerby x Avalaunch: IDO Announcement
Horse racing is one of the most ancient of all sports and its basic premise — to identify which horse is the fastest over a set course — has been unchanged since at least classical antiquity.
Meanwhile, the history of horse breeding goes back millennia, with one of the earliest people known to document the breedings of their horses being the Bedouin of the Middle East — the breeders of the Arabian horse.
With the advent of mechanical forms of transportation, the century old relationship humans have had with our horses dissipated. Slowly and gradually, the enjoyment of horse racing and the knowledge of horse breeding became relegated only to a select few.
With the possibilities of blockchain, NFT, tokens, and the advent of a global play-to-earn community, creating a metaverse where humans can reconnect with our ancient friends and celebrate this unique relationship is on the table. With this in mind, Avalaunch is proud to present MetaDerby as our next IDO.
Project Overview
MetaDerby is a horse racing game and breeding-inspired metaverse where anyone can earn tokens through skilled gameplay and contribution to the DerbyVerse. MetaDerby also redefines the horse-racing gaming experience, making it accessible and profitable to gamers with its free-to-play model and blockchain-based integration including a create- to-earn land system, decentralized finance (DeFi) staking, and NFT marketplace.
Classes
Racehorses are sorted into classes based on their genotype with:
- Class 1 being the strongest, and Class 5 being the weakest.
- Horses will race within their class in daily races and weekly tournaments.
Ratings
There are four chief properties that help to determine a horse’s base rating.
- Bloodline
- Sprint Speed
- Acceleration
- Aggressiveness
A horse’s base rating is determined by its class ranking and inherent properties in order to assign it a rating number, ranging from:
- 0–39 for a Class 5 horse to
- 100+ for a Class 1 horse
Outcomes
Classes and base ratings are not the only factors that can determine the outcome of a race as random luck factor contributes to 50% of the algorithm that determines race winners. For simplicity:
- A 50/50 split between luck and properties/ratings exists.
Breeding
Breeding is a pivotal element in the MetaDerby ecosystem. Users can enter their male or female horse into the ‘stud market’, where potential foal buyers any choose any male and female horse to breed. Uniquely, horses in the DerbyVerse can ‘breed up’ to a foal with traits superior to its parents.
DBY & HOOF
The ecosystem’s is driven by the Derby (DBY) token which acts as MetaDerby’s governance and is required to purchase land. Its use cases are included but not limited to:
- Metaverse land purchases
- Staking rewards
- Gaming governance
- DBY can also be earned by winning weekly tournaments.
The HOOF token is an uncapped supply gaming token that functions as the inhouse currency for:
- Entry fees to attend races
- Stable fees for breeding
- Farm land and race course materials and construction purchases
NFTs
DerbyTicket NFTs are a very limited collection of 1000 NFTs on Avalanche. DerbyTicket NFTs give users a fully-equipped racehorse ready to compete in the MetaDerby game.
Players can buy, sell, and trade their racehorse NFTs on the MetaDerby marketplace, as well as third-party marketplaces. Racehorses can also be obtained via in-game Mystery Box purchases, including both Common Box and Legendary Box selections.
Progress
In Q3 and Q4 of 2021 the MetaDerby development team completed the game’s design and algorithm development, as well as the tokenomics system, whitepaper launch, and game prototype.
Q1 of 2022 saw the raising of $2.5m in seed round funding in a round led by Blizzard Labs and Old Fashioned Research. The website was launched, the LFGLoot NFT mint event took place, and the second prototype of the game was developed.
Q2 of 2022 includes the DerbyTicket NFT launch, the DBY tokens IDO on Avalaunch, and the game beta launch. MetaDerby is the first free-to-play-and earn horse racing game in the metaverse, and the first horse racing game on Avalanche.
Closing Thoughts
Horse racing on the blockchain was something of an inevitability. While nothing is going to replicate the smell of grass or festive atmosphere of a live race, serious and strategic gaming replete with breeding and a healthy dose of good luck is a compelling proposition. The success of earning games that are driven by competition and not graphics are becoming a mainstay in the ever growing gaming economy. Metaderby has done an excellent job of hitting on the key points of adoption and earning in creating a very playable game that looks to have some real traction and staying power. The steady progress by the team is evidenced by the number of stated milestones they have hit and the beta launch slated for this quarter indicates a maturity to this project that offers near-term possibilities.
“The incredible pace, passion, and information we received from Mark, Dave, and the Avalaunch team has been invaluable to us at MetaDerby. We’re thrilled to launch our IDO on the Avalaunch platform. Big thank you to all those who made this possible!” -MetaMike, founder of MetaDerby
Metaderby: Links & Team
Website|Whitepaper| Telegram (Community) | Twitter | Medium | Discord |
Partners & Backers
“GameFi is exploding on the Avalanche ecosystem, and we are thrilled to see what’s next for Metaderby, the first horse racing game on Avalanche.” -Lydia Chiu, Vice President of Business Development at Ava Labs, on behalf of Blizzard Fund.
“We know GameFi, and we know Avalanche. MetaDerby is poised to run ahead of the pack in both. The project has seen tremendous growth since its inception, and the promise of a DerbyVerse means the scalability of the project will be tremendous.” -Ling Zhang, Managing Partner of Old Fashion Research.
DBY Funding Numbers:
Total Supply: 1,000,000,000 DBY
- Seed: 100M DBY at .025 USD — $2,500,000 USD
- Public Sale: 25M DBY at .04 USD — $1,000,000 USD
Total Raise: $3,500,000 USD
Supply: Breakdown & Vesting
- Ecosystem Fund: 293M DBY (29.3%)
- Staking Rewards & Liquidity Mining: 200M DBY (20%)
- Team: 200M DBY (20%)
- Game Incentivization and Marketing: 91M DBY (9.1%)
- Seed Round: 100M DBY (10%)
- Advisory: 50M DBY (5%)
- Avalaunch IDO: 25M DBY (2.5%)
- Liquidity: 41 M DBY (4.1%)
Vesting Following TGE:
- Ecosystem Fund: Quarterly vesting over 6 years
- Staking Rewards & Liquidity Mining: Discretionary based on incentivization plans*
- Team: 12-month cliff, monthly vesting for 36 months
- Game Incentivization and Marketing: 10% at TGE, quarterly vesting over 5 years
- Seed Round: 10% at TGE, 12-month cliff, linear vesting for 18 months
- Advisory: 12-month cliff, monthly vesting for 36 months
- Avalaunch IDO: 40% at TGE, 30% July 25th, 30% October 25th
- Liquidity: Discretionary unlock contingent upon listing plans
*Upon launch 5M DBY will be used for farming, representing the only staking rewards prior to the game’s 2nd release.
Other:
- Initial Circulating Supply: 29.1M DBY (excluding liquidity and farming tokens)
- Initial Market Cap: 1.164M USD (excluding liquidity and farming tokens)
The Metaderby IDO on Avalaunch
- 25M DBY at .04 USD — $1,000,000 USD (Total Supply: 1B DBY)
- Sale Size: $1,000,000 USD
- Vesting: 40% at TGE, 30% July 25th, 30% October 25th
Registration Schedule:
- Registration Opens: April 17th at 3:00 p.m. (UTC)
- Registration Closes: April 20th at 6:00 p.m. (UTC)
Sale Schedule:
- Validator Round Begins: April 21st at 6:00 a.m. (UTC)
- Validator Round Closes: April 21st at 3:00 p.m. (UTC)
- Staking Round Begins: April 21st at 3:30 p.m. (UTC)
- Staking Round Closes: April 22nd at 6:00 a.m. (UTC)
- Booster Round Begins: April 22nd at 6:00 a.m. (UTC)
- Booster Round Closes: April 22nd at 12:00 p.m. (UTC)
