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SquidGameDeFi

SquidGameDeFi

Squid Game Metaverse is a community-driven GameFi platform empowering users by rewarding them for their engagement and enjoyment. By using innovative tokenomics ($SQUIDGAME allocation), utilizing finance and games. Whilst also combining the best of DeFi and NFTs to create a truly unique and everlasting FREE TO PLAY, PLAY TO EARN ECOSYSTEM.

OverviewStructured DataIssuesContributors

Contents

squidgame.financial
Is a
Cryptocurrency
Cryptocurrency

Cryptocurrency attributes

Industry
Decentralized Finance
Decentralized Finance
Cryptocurrency
Cryptocurrency
Blockchain
Blockchain
Smart contract
Smart contract
Distributed ledger
Distributed ledger
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Ticker Symbol
SGD
Maximum Supply
1,000,000,000,000,000
Block Explorer URL
bscscan.com/token/0xb...8f5154d448

Other attributes

Cryptocurrency Symbol
SGD
Email Address
contact@squidgame.financial
About

The Squid Game is an artwork carefully chosen by Professor Smith. A unique digital collection of diverse NFTs. Each one is thoughtfully designed, specifically picked, and impeccably shaped. The SquidMeta is a GameFi platform will bring fun to Squider. Join us on our adventure and have a good time

Holding a Squid NFTs will reserve you a throne as a King of the Metaverse.

Activities

SquidGame’s goal is to maximize the value of NFTs used in virtual worlds and blockchain-based games. Its protocol is automated by smart contracts instructed by consensus through the DAO based on governance proposals and voting of a distributed network of token holders. Activities of Squid Game include:

  • Building a global community of play-to-earn gamers who play competitively to collect in-game rewards;
  • Producing revenue through the rental or sale of SquidGame-owned NFT assets for a markup;
  • Allowing the community to participate in the DAO by passing proposals and voting;
  • Coordinating research and development for gamers in the DAO to arbitrage on yield generation by being competitive in metaverse-related games.
The DAO

Participants in the DAO will be owners and managers of the entire ecosystem of the SquidGame. Decision making will be prorated based on a participant’s ownership to the overall DAO through a SQUIDGAME token ownership. Tokens will represent voting rights in the DAO.

Token Rewards

  • The community will vote to switch on the feature of distributing token rewards to token holders. This is where we will introduce staking vaults to receive the rewards directly through smart contracts into their accounts. Mechanics of the distribution will be subject to proposal submission. The intention is to create staking vaults to earn rewards from the network as an APY.
  • SquidGame will eventually release various staking vaults allowing token stakes to earn rewards ranging from SquidGame’s overall activities to a specific activity.
  • The mechanics of staking vaults that SquidGame launches will be posted on SquidGame’s official website and blog channels.
NFT Ecosystem & GameFi

While many realize the potential of NonFungible Tokens, they still haven’t reached their full impact on the Ethereum network. This is partly due to high gas fees and a few technical limitations that prevent them from reaching their true potential. The first step in making NFTs a truly vital part of the DeFi economy is to ensure that they can generate earnings for their holders, which is still only dependent on market value. With the possibility of collateralizing NFTs to take out debt, renting them out for set or variable rates, and trading them on an open exchange, the potential use cases within SQUIDLORDS and future and future games are endless.

Squids

After a lot of careful consideration, Squid Games has unveiled a way to truly incentivize gamers and platform users for their time spent playing. This method is Squids, a token designed to reward all key stakeholders of the gaming ecosystem. Squids will be introduced via SQUIDLORDS, as a way to reward all players who prove themselves worthy. This token will be the way for most players to experience the true power of DeFi gaming in a fun and user-friendly way. Various ways to stake, borrow, and utilize Squids will be released periodically to players as the ecosystem grows.

SQUIDGAME Token

SQUIDGAME is SquidGame’s native cryptocurrency. SQUIDGAME denotes users’ rights on SquidGame and is designed for the empowerment of the ecosystem and governance over the community.

Private Round: First token release 30%, then 15% released every one week.

Pre-sale: First token release 50%, then 15% released every one week.

Team: 12 month escrow, then 20% released every 3 months.

Community Growth: Airdrop activities and community growth cooperation. 1 month escrow, then 20% released every 2 month. Liquidity: Locked 100% for two years.

Staking: 6 month escrow, then 5% released every 6 months.

GameFi Economy: 6 month escrow, then 5% released every 6 months.

Roadmap
Level One
  • UI/UX design, Website launch.
  • Tokenomics.
  • Social media live.
  • Proof of concept begins.
  • GameFi platform development begins.
Level Two
  • Community rewards for Squider engaged up in Telegram.
  • Token Airdrops & Events.
  • First NFTs Airdrops & Events.
  • Private Sale & IDO.
  • Marketing push to spread awareness.
  • 5000 telegram members.
Level Three
  • Squid Metaverse Growing.
  • Influencer marketing push.
  • Listing on coingecko.
  • Listing on CoinMarketCap.
  • 10,000 telegram members.
  • 10,000 holder.
Level Four
  • Squid Game development.
  • 25,000 telegram members.
  • 25,000 holders.
  • Token Airdrops.
  • Token burn event.
  • Initial CEX Listings.
Level Five
  • 50,000 telegram members.
  • 50,000 holders.
  • Release NFT market place, NFT collection for Squid Game.
  • Release SquidMeta Platform.
  • Large influencer marketing push.
Level Six
  • Level SixRelease NFT game for Squid Game… Play-to-earn!
  • 100,000 telegram members.
  • 100,000 holders.
  • More CEX Listings.
  • Influencer Awareness Partnerships.

Timeline

No Timeline data yet.

Further Resources

Title
Author
Link
Type
Date

Welcome - Squid Game Metaverse

https://docs.squidgame.financial/

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