PlanetQuest is a unique game of exploration, survival and discovery. Come with us to the 27th century where humanity has conquered the stars and is now travelling to the far corners of the galaxy to places and planets yet to be discovered. PlanetQuest brings you exciting gameplay within a cinematic universe that holds plenty of exciting secrets to uncover. But there’s more. PlanetQuest will not only allow you to live out your wildest sci-fi dreams of being a space explorer, but it will also allow you to own and eventually visit your own planet.
V ery talented team of people who previously worked in Hollywood, games, AI and procedural animation, banded together to create something amazing. For many months, they have been working silently on advanced technology that allows for an entirely unique gaming experience. After all this time, we are thrilled to finally be able to share with you a fraction of what we’ve been working on, and finally introduce you to: PlanetQuest!
The talented team has worked tirelessly to create the technology needed to procedurally generate entire planets. These planets, once discovered, will be sold as NFTs, allowing you to be the proud owner of your own little piece of galaxy. When the game is live, you’ll even be able to go down to the surface of your own planet, invite your friends and explore what your own world has to offer. Sometime during 2022, you will already be able to get a sneak peek at what is awaiting you when the game is launched.
But PlanetQuest has even more to offer. While working together with your friends to fight threatening alien creatures and discover ancient Artifacts that might change the course of human history, you can collect the rarest substance of all: Quantum. This substance is the driving force behind the entire in-game economy that can be used for anything from buying gear to activating artifacts that can transform entire planets! Quantum is ready to be discovered by players and will serve as our game token and be at the centre of our rich economical structure.
PlanetQuest allows players to gather quantum, lend out their gear, harvest the resources of their planets, evolve and increase the value of everything they can own and basically take control of the game. PlanetQuest is revolutionizing digital asset ownership by allowing you to truly own your in-game discoveries as NFTs. But the best part about PlanetQuest? It will be completely free-to-play and available in your browser.
This is all made possible by our amazing team and our wonderful partners. Over the next few weeks, we’ll be updating you on our socials about other exciting partners, developments and updates. Of course, we’ll also release more details and information about the game. But for now, we would like to grant a special thank you to our friends at ImmutableX, whose technology will be powering our NFT’s and Token and who will be supporting us in making our vision a reality. PlanetQuest could not wish for a better home on the blockchain.
Excited to play PlanetQuest? Well, lucky for you, you don’t have to wait for PlanetQuest to be finished to get a piece of the action. We would like to invite you all to join our Discord. Here you will get access to exclusive updates and information, as well as already take on your role as space explorer and join one of our three factions. You will get to partake in our decentralized storyline and vote on matters of intergalactic importance which will change the history of the universe. Learn about PlanetQuest’s lore, stay updated on our progress and represent your faction. The adventure begins now! https://planetquest.io
Also a very talented person took part in PlanetQuest Introducing Art Director Jon McCoy
When such talented people take part in a project, it makes it clear that the quality of this project is very good.
I would also like to note the amazing art in the discord of the project (here is the link https://discord.gg/planetquest)
Genesis Engine
Genesis Engine can generate beautiful planets right in your browser. Each planet you create is completely unique, and all of its intricate details are interconnected. The temperature on the planet determines whether the planet will have polar caps. The amount of water correlates with the amount of clouds slowly moving across the planet, as well as the size of possible forests and other types of vegetation. The Genesis Engine plays with all the little details that can vary between planets and uses them to create planets in full 3D that are completely different from each other, but completely follow the laws of nature.
Although each planet is completely unique, the developers have created four different classes of planets based on their rarity.
As the names suggest, there will be more ordinary planets in the universe. These different types of planets are getting rarer, harder to acquire, and more valuable. The Genesis Engine allows these beautiful planets to be displayed directly in our browser. And later, when the PlanetQuest gameplay is live, we can go to the surface and explore these unique planets firsthand.
Desert Planet is just the beginning of what the Genesis Engine has to offer. In the coming months, developers will reveal more and more different types of planets.
While one of the key actions that you can definitely do for the project is the ambassador program, the choice of factions, and ATTENTION: voting for the story (I think this is very cool)
I would be very grateful if you follow my referral link: https://planetquest.io/join/referral/2a83e1044df3efe5aa7109dde3a8d83c1571f8af07ecc090e3f34c4efa7b8941
Today, the betting platforms market is occupied by monopolists - big players, who control the odds on various events. It complicates the situation not only for the owners of smaller platforms but also for players themselves: even if they win fairly, they will find it difficult to get their money due to constant identification procedures and stricter payouts.
In order to change the situation, authors of the Dexsport project developed decentralized betting platform, in which users will play with a shared pool of liquidity and receive winnings via blockchain. This platform includes sports betting, play to earn betting, prediction marketplace, P2P betting on exchange rates, and NFT art collecting.
The decentralized platform format was chosen due to the transparency of procedures and the increasing popularity of DAO. DeFi provides unique opportunities for players in the gambling space. Has a decentralized protocol, betting will need no bookmaker for a bet to be placed.The market for DeFi projects is becoming increasingly solid, vast and saturated, and Dexsport will obviously enhance its growth and development and be entitled as a brand new decentralized betting platform, where every user will be able to observe in person all the processes previously hidden from him and receive his winnings honestly.
Mission & Objectives
The current version of Dexsport is an enormous work of many people. The Core Team analyzed the market, collected data, surveyed users, built comfortable user paths, and shaped the design and tone of voice of the project.
Dexsport meets the needs of the present - the demand for high quality projects whose processes are transparent to everyone. Decentralized platforms aim to improve existing financial system and a lot of other institutions and processes in our everyday life.
Betting dApps, unlike their centralized counterparts, run on decentralized blockchain networks and are designed to function without the use of a third-party middleman. Instead, they use self-executing smart contracts that are hard-coded to automate platform functions. This dynamic has significant implications for the future of online gambling, including improved user experience and verifiable fairness.
Dexsport's mission is to create a brand new truly decentralized betting platform with a liquidity pool, where each participant can connect via Web3 and contribute their own liquidity to the pool. Main objective of that platform is to improve its users' lives by means of popularisation of decentralized systems, elimination of intermediaries in the process of betting activity, provision of the opportunity to give user's liquidity to the pool and making the betting market more open and decentralized.
The Dexsport business model offers a rare opportunity for users: no full-fledged counterparts can be found on the market. However, we consider some other blockchain-based projects as competitors — Augur and Stox, for example, as well as some traditional bookmakers. The comparison chart below will show you a significant advantage of Dexsport over its competitors.
Roadmap
Q1 2022
New liquidity pools on stablecoins: DAI, USDC, USDT
Integration with Solana, Nervos, Avalanche
P2P betting on cryptocurrency rates
Q2 2022
Betting on play-to-earn games
Creating a decentralized affiliate program
Q3 2022
Prediction marketplace
NFT Marketplace
Exclusive NFT collections
first web3 betting dApp
arenum-the first platform DEFI for mobile gaming tournaments
Introduction
The Covid Pandemic that began in March of 2020 has had lasting effects on the
way in which we interact in the modern day. Restrictions on in-person
interaction, the rise of work from home, teleconferencing , and the younger
generations increasingly attending classes via zoom have ramped up the shift
of online interactions amongst people significantly. With all of this in mind, the
logical next step is where are all of these people now congregating if normal
meetup locations, bars, restaurants, concert venues, and the like are continually
under threat of shutdown or onerous in person restrictions? The answer is
online, through various social networking sites such as Instagram and TikTok to
online gaming venues such as consoles, computers, and increasingly mobile
devices.
Mobile devices specifically have been making leaps and bounds since Apple
introduced its App Store back in 2008 with a mere 500 apps; the landscape
now is shared by Google, Apple, Microsoft, and Amazon with a combined total
app count of nearly 7.0M between them. Moreover, as the number of people
around the world with access to smartphones nears the 6.5 billion mark by
2022, companies that want to cater to these brand new emerging markets are
going to have to provide mobile apps to reach them rather than develop them
for consoles and computers.
Mobile games are continuing to dominate the overall gaming market place
«making up more than half of the total revenue of the games industry in 2018»,
and only increasing since then because of the growth fueled by the reaction to
the Covid-19 Pandemic. In 2020 mobile game downloads exceeded 80 billion
which is a year-over-year growth of 14% and the amount of money spent by
mobile gamers is expected to reach $138B by 2025. The global mobile games
market is going to continue to expand massively as more and more countries
gain access to better cellular communications, internet, and smartphone
technology only providing more fuel for mobile games as more potential
consumers have access to them.
Alongside the very healthy growth of the mobile games industry, is the
exponential expansion of the cryptocurrency industry. Reaching lows of $1.25T
in 2018 to all-time highs of nearly $2.5T in May of 2021 with an overall market
cap expected to reach $10T by 2030 the cryptocurrency industry is the fastest
growing industry in the world bar none. The intersection of these two industries,
gaming, and cryptocurrency is what is going to supercharge the growth of the
mobile gaming industry and allow the immense amount of wealth and value
circulating within the cryptocurrency ecosystem to make its way into the
mainstream via its application in the realm of mobile gaming.
Arenum is the evolution of mobile gaming and cryptocurrency which has a
feature-rich ecosystem to attract players and engage them for the long term
while providing rewarding incentives for developers and gamers alike. Arenum
fuses internal publishing services, and an engine for player-versus-player
tournaments as a service, into a unique metasystem existing on a layer above
the games, integrated. Integration into Arenum’s metasystem is entirely
autonomous and is seamlessly enabled through a powerful developer SDK.
Arenum is not starting its journey anew - the service has been on the market
since 2018 with a proven track record of 150,000 paying users. Arenum is the
next step in the evolution of web3, it incorporates a unique and exciting metaverse with NFT collecting and battling and leverages its competitive play-to-earn
mechanics for any type of game on its roster; Arenum is the web3-powered
matching engine for eSports.
Gaming and Crypto’s Intersection has Just Begun
The mobile gaming industry continues to outpace many other industries yearover-year and is expected to do so for the foreseeable future. From 2012, when
mobile gaming revenues were a mere $12.7B, revenues increased by almost
1,000% to nearly $110B as of 2021 these are garnered mainly from casual
games which make up more than 75% of global gaming downloads.
Additionally, nearly all of these revenues, 95% of them, are made up by In-App
purchases, which demonstrates that players are willing to spend their money
paying for enhancements to their mobile gaming experiences. On top of
spending their hard-earned money, players are also dedicating serious amounts
of time to mobile games and other apps installed on their phones with some
regions surpassing more than 4 hours spent daily on apps for mobile devices.
Unfortunately, the current model of In-app purchases is such that players spend
their money in one-off instances, this is an outdated and exploitative model.
With Arenum we allow players to purchase tokens, that have inherent value, and
then stake said tokens to gain access to some of the exact same rewards they’d
normally get for making a $0.99 or $2.99 transaction on the app and much
more. Staking has the added bonus of allowing players to be exposed to the
upside of the Arenum token, on top of the access to the multitude of different
rewards in-game and in the Arenum NFT metaverse while having them
contribute as much or as little as they want to their favorite games.
Mobile gaming and the games that make it up can also be looked to as the next
logical step for social networks as the foundations of it already exists in the form
of game discord servers, forums, and gaming groups.
The mobile gaming community is expected to surpass 3.0 billion members by
2023 which vastly exceeds the likes of social networks like Instagram and
Twitter.
Communities that exist around these games want to be able to interact and
engage in different experiences with other members and the metaverse is the
answer. Metaverses are the social networks of Web3.0 and will be formed by
things like PvP tournaments and NFT collecting and battling changing the way
players have previously interacted with each other. Gone are the days of simply
messaging each other or talking over voice chat, with Arenum and its
metaverses players will be granted access to game-changing means of
interaction.
Looking at games like ‘Axie Infinity’ which serve as working examples of the
intersection of cryptocurrency and gaming. Axie Infinity is a blockchain game,
with an all-time-high market cap of nearly $4.5B, that has players purchasing
in-game characters and battling them out against other players. Players can
then earn in-game cryptocurrencies and sell their characters for real-world
money. Axie Infinity demonstrates multiple points; first, developing systems for
competitive gaming, attention-grabbing multiplayer, and synchronous engines
for PvP encounters is difficult and not straightforward to build for many games
on the market today. Secondly, lots of gaming communities want to be able to
access PvP and multiplayer encounters for their games but as mentioned earlier,
many developers don’t have the capabilities to give players what they want, the
developers that are able to do so are rewarded very handsomely by the market
as demonstrated by Axie Infinity. Thirdly gameified-metaverses, where NFTs are
able to be unlocked, collected, traded and able to be used with other players’
NFTs, is the Web3.0 enabled future of social networking. Finally, tokenized ingame content where players can take legitimate ownership of the content they
pour their time and effort into and which will remain forever on the blockchain
regardless of a game studio’s continued existence. We know the eSports
industry propels these games to the next level, in 2020 there were 550M users
actively engaged in it with over a $1B in revenue, Arenum is able to take that
success that has been isolated to a small assortment of games and give that
power to any game and add dynamic levels of play with an exciting NFT
metaverse and exciting play-to-earn mechanics.
Arenum leverages Player-versus-Player tournaments and the addition of an
eSports layer to each of the games it supports—to empower developers,
gamers, and influencers. The Arenum platform is a tokenized ecosystem where
all participants interact on-chain in a permissionless and censorship-resistant
environment. Arenum is built by engineers with a background in mission-critical
high load low-latency systems. Arenum platform will be able to deliver state-ofthe-art connectivity to its tournament engine enabling one-click deployments of
synchronous and asynchronous PvP tournaments - PvP as a service. With the
addition of Arenum’s NFT-powered metaverse, players are further incentivized to
compete against each other in the games they love to play to unlock brand new,
unique NFTs which exist in their own game and economy above every game in
the Arenum ecosystem.
Success in Mobile Gaming is Challenging
No game is guaranteed to be a breakout sensation. Games like ‘Flappy Bird’,
‘Angry Birds’, ‘Plants v. Zombies’ are all extremely successful mobile games that
for a variety of reasons, not least of which being their ease of playability, led
them to become smash hits and to really define the mobile gaming industry. At
the same time, games such as these can be easily listed off and are well known
which can’t be said for the rest of the entire market which is absolutely filled to
the brim with creative, unique, and innovative games as well as downright
copies of some of the most famous games. All of these games which took
countless hours of developer time to build need to be part of a large platform in
order to succeed in the current market, it is no longer the case where simply
releasing on the app store is going to get attention on many of these games,
they need to be apart of a platform that is able to supplement their gameplay
with dynamic levels of interaction for players.
In 2021, only 810 mobile games were able to surpass net revenues of more than
$1M. To put that in perspective on just the Google Play store there were over
475,000 games available to be played in the first quarter of 2021. The games
that are successful in generating these revenues are then able to capitalize on it
by investing the money and man-hours required to develop PvP multiplayer,
build multi-level referral systems, reward systems, leagues and tournaments,
metagames, and other mechanisms that are known to generate the biggest
return on investment and retention from player bases. But for most mobile
games none of that is ever built because they lack the initial allure to pull in
players as well as the funding to keep players involved. Many games last barely a
few months and hardly ever make it to the year mark with a meaningful amount
of players playing, the marketing continues to get more expensive and the
amount of competing games only increases. Moreover, those components
which attract players and money are the most challenging to build and are
surprisingly also the ones that generate the highest LTV for these games.
Arenum provides a robust solution to all of these problems, its innovative
approach to skill-based cash gaming adds dynamic and exciting ways to
experience casual and non-causal games. Arenum is unencumbered by the
physical and fiat-driven nature which has previously limited growth, efficiency,
and inclusivity. Arenum allows anyone to initiate a League of Legends
tournament directly from one’s mobile device whenever they want, pick their
sponsors from an automated attention marketplace and settle the prize pool
instantly, Arenum gives control back to the players.
Arenum Serves Developers and Players
Arenum is built from the ground up to reward both the players for their
engagement in the games they play as well as the developers for the games
they labor on. Arenum brings its asynchronous and synchronous PvP multiplayer
solution which can be integrated into any game genre from MOBAs and
Shooters to Puzzles and Match3s. Arenum is able to serve a massive variety of
developers and player communities.
The aforementioned issues of player retention that would normally have to be
solved by the developers are instead taken care of by Arenum. Via the CrossGame exposure, Arenum is able to make marketing cheaper and insure the
entire platform against ‘flash-in-the-pan’ games. Arenum sits at a level above all
of the games and is able to help direct the flow of players to new and existing
games on the platform. On top of that, developers are also able to publish
games via Arenum which provides developers a much better alternative to the
currently available publishers on the market as games that come out of Arenum
are going to have the support of the entire Arenum platform and everything that
entails.
Arenum’s additional meta-layer on top of the base game on the platform, which
includes multiplayer, referral and reward systems, leagues, tournaments, and
more, increases player retention significantly and opens the gateway for long
term retention of many players and at the same time allows the developer to
focus on building their games and make their systems exciting and enjoyable for
players rather than having to worry about systems to specifically ensure player
retention. With Arenum supporting a game, players will never get bored as
they’ll have growing access to a catalog of games published and cross
advertised on Arenum, in addition to, the intense metagame and social network
built into Arenum, there will be a long term draw for players to continue playing
long after they’ve finished the original game.
Arenum Allows Developers to Shift into Overdrive
eSports has historically been a select group of competitors that require a fair
amount of funding and resources for them to play as well as to set up the
tournaments that they’re playing in, Arenum revolutionizes the eSports industry
by democratizing eSports back into the hands of the average player and
providing monetization of competitive mobile gaming at scale.
Competition is at the core of gaming and it's the primary feature that drives
long-term player retention, casual-competitive gamers are the ‘blue ocean’ of an
as yet untapped marketplace that is ready to be served and catered to. But both
the competitive and casual gaming landscapes have high entry barriers from
technological and legal standpoints and there are plenty of well-positioned
competitors that will be a challenge to compete with. Arenum, therefore, covers
both casual and competitive gamers provided systems for both of them to be
able to compete amongst each other and experience the thrill of winning
against someone else. Arenum already has demonstrated its skill and has
launched an eSports platform that had $750k in revenue in the previous year
and is ready to scale.
By adding crypto to the Arenum platform we’re able to instantly payout winners,
provide transparency of money flows, and be completely censorship-resistant.
The Arenum open-source toolbox has essential competitive mechanisms and
seamless connectivity for any game to join the platform. The elaborate
tokenomics of Arenum allow the shaping of incentives within the ecosystem for
all groups of economics agents, the developers, the players, the influencers,
and instant attention capture by the sponsors.
Arenum provides its tournament engine for a variety of mobile games and
demographics. For the younger audiences we target 100+ daily tournaments in
games like PUBG, FreeFire, Call of Duty and Brawl Stars, for audiences in the 30+
range we target casual games like puzzles, bubbles, match3s, card duels, and
other types to add an additional layer of excitement to their games. By offering
its services to a variety of gamers Arenum targets the mass market and is
focused on giving them access to services and features previously exclusive to
eSports teams and much more skilled and active players.
Arenum’s tech is built of four main features:
The\PvP\multiplayer\Engine\(SDK)\for\game
PvP multiplayer as a service is a collection of smart contracts and infrastructure that enable any game developer to integrate them into their games and get leaderboards, tournaments, leagues, referral and reward systems, and a deep metagame all in 1 tool.
NFT Metagame
Players can earn resources through tournaments to get NFT collectible animals, breed them to make more powerful creatures, and participate in PvP auto battles with a unique and powerful army of NFTs
Platform for game developer and influencer
A set of tools from the multiplayer SDK engine allowing the game developers
to publish their games as a standalone product and perform one-click deployment of tournaments for instant monetization of influencer’s communities.
Marketplace
Players use the marketplace to trade and acquire rare NFT animals which they can then merge together to level up and earn even more rare NFTs.
How Arenum Works
All games have access to the Arenum Multiplayer PvP SDK which they can
integrate into their games in order to connect to the tournament engine. From
there, influencers and sponsors are able to integrate their tournaments as well
into the Arenum engine for whichever game they want to sponsor. Players select
which games and tournaments they want to compete in and then betting
markets are able to bid on the outcome of tournaments. The rewards of this
metagame are the NFTs which can be collected, traded, and bought on the
marketplace and then used to auto-battle for tokens and other rewards.
Setting up a tournament is a rather straightforward and streamlined process:
1.The tournament creator sets up the tournament and the prize pool target
size, and creating a tournament requires having the Arenum token staked
2.Gamers have to put up a token prize pool (that can be delegated) effectively
depositing a fixed minimum contribution or a higher one.
3.The amount contributed will define one's pro-rata allocation shall he or she
be eligible (by e.g. winning the tournament). 750% of the total prize pool is
distributed back across the winning players (or likewise, those who have
satisfied more exotic criteria based on the in-game achievements).
4.Arenum receives 73% of the Prize pool for providing the platform
5.A Game Devs must stake tokens for their game to be eligible for hosting
tournaments. The stake can be delegated by the community or other
interested parties. They are also eligible for the remaining 73% of the prize
pool.
6.When the games and tournaments are created by Arenum, the platform acts
as both the tournament creator and publisher and earns rewards in the same
manner as mentioned above
Tokenomics
Outlined below are the various tiers players can acquire by staking the Arenum
token; these include all of the list benefits and the tiers range from ‘Free’ or zero
tokens staked, to ‘Developer’ which requires a large number of tokens staked.
1.Tier IV (FreeM No amount required for accessU
Players have confirmed their wallet on the platformW
Players can participate in Arenum tournaments.L
With a limited prize pool.L
Players have access to basic bidding on regular tournaments.L
Not branded or PvP games between pros.L
Players has access to the NFT metagame on the blockchain (the higher the
rank of eggs the higher the chance to win).L
Players can share 1 level deep referral links.L
Ability to generate referral links.L
Players may buy and sell on the marketplace.L
Use money and referral points, reward points (from daily activities like
sharing links, participating in tournaments, daily check-ins, etc)to
purchaseML
Tokens, Magic Boxes.L
Players can withdraw their prizes.L
Highest amount of commission fees.L
Players can begin staking the Arenum token.L
High initial cast out fee of 5% should the user choose to unstak^
Tier IV Profile Badge
2.Tier III (Noobs; Stake 22tokens);
Everything from Tier IV-:
Players are awarded a free starter pack that contains one egg-:
Players are able to participate in all Arenum tournaments with the base-tier
prize pool, and magic boxes-:
Players may now bid without participation in lower-tier tournaments:
Increases total prize pool for players:
Players now have a chance to obtain high-grade egg(s) from magic boxes:
Players get a 5% bonus from referrals and get benefits from child referrals
only(first and second level referrals),
Players can take part in challenges and special missions-:
Players have a chance to get a random airdrop of a magic box at the end of a
match;:
Chance increases as players increase their stake and ascend in tiers-:
Players can withdraw their prizes-:
High amount of commission fees-:
Tier III Profile Badge which is a;:
NFT Badge:
Perks allowing one to enter special events, etc
3. Tier II (Pros: Stake 80Tokens ):
Everything from Tier III.B
Player+ gain access to a premium-tier prize pool, including magic boxe+.B
Player+ may start bidding without participation in all tiered and branded
tournaments:B
Increases total prize pool for players.B
Players get a higher chance to obtain high-grade egg(s) from magic boxes.B
Players get a higher percentage from referrals and get bonuses from the
referral matrix (depth is still limited).B
Players have premium support 24/7.B
Players have the ability to withdraw their prizes:B
Lower amount of commission fees.B
P2P marketplace for NFT items.B
Tier II Profile Badge which is a:B
NFT BadgeB
Perks allowing one to enter special events, etc.
4. Tier I (Pro-Influencer: Stake 160 Tokens)
Everything from Tier II.
Player! can pay 100,000 token! to place banner! on the platform for different
amount! of time a! well a! in different location! on the platform"
Player! get the highe!t chance to obtain high-grade egg
Player! can organize their own tournament
Player! have the ability to withdraw their prize
lowest amount of commission fees
Tier I Profile Badge which i!
NFT Badge
Perks allowing one to enter !pecial event!, etc
5.Tier 0(Developer:Stake1,000Tokens)
Everything from Tier I.)
Developers can add new games to the platform.)
Developers have a personal support manager.)
Developers have access to infinitely deep referral links.)
Developers have a premium banner spot)
Developers can create custom prize pools for organized tournaments:)
Includes off-line items.
6.Extra offer:
For 10,000 sBaked tokens, users are able to place a banner in the premium
location.
Regardless of a player’s participation in the tier system, players do not need to
stake to have access to the platform. See Tier IV above, they merely need to
have their wallet connected to the system. Participating in tournaments requires
users to pool tokens. 90% goes to the winners [2.5% goes to game devs, 5%
goes to originators of the tournament, 2.5% goes to Arenum*]. Bidding on the
tournament outcome requires followers the exact same structure as
participating.
There will also be an initial token burn as well as an ongoing token tax. The token
tax will be 2.5% on all withdrawals from every pool, and there will be a 10% tax as
a cast-out fee from unstaking tokens. The burn will last the first four quarters of
Arenum’s operation and consist of a 50%, 25%, 12.5%, and 6.25% of the
platform’s revenue to be used to buy back the token and burn it every quarter
for the first four quarters of operation followed by a 6.25% burm of the
platform’s revenue every quarter after which goes on ad infinitum.
Regardless of a player’s participation in the tier system, players do not need to
stake to have access to the platform. See Tier IV above, they merely need to
have their wallet connected to the system. Participating in tournaments requires
users to pool tokens. 90% goes to the winners [2.5% goes to game devs, 5%
goes to originators of the tournament, 2.5% goes to Arenum*]. Bidding on the
tournament outcome requires followers the exact same structure as
participating.
Lastly, the egg system work as follows: the size of the user’s stake affects the
chance to loot some high-grade egg(s) from magic boxes, but this is not always
guaranteed. Eggs can be merged, which costs tokens each time, in the case of a
successful merge players are rewarded with a higher grade egg, and in the case
of an unsuccessful egg merge, players will lose one of their eggs.
Towards a Multichain Future
To attract retail consumers, cryptocurrencies must be able to enter mainstream
industries and dominate the landscape. Our development approach is to begin
initial deployment on the Polygon-Matic network and then start building out to
multiple chains culminating with Solana. If we are to attract the widest range of
crypto-enthusiasts and gamers we need to be able to be interoperable with
some of the most popular and used chains in the space. By becoming a
multichain platform we can connect all dApp games in the crypto space and
break down the barriers between all communities and bring us under one
banner to be united purely as gamers. Arenum is entering the mobile games
industry with proven success and taking cryptocurrencies and leveraging the
massive adoption of the NFTs to revolutionize the mobile games industry. By
developing a platform that can support and publish mobile games across a
variety of chains, Arenum is able to lift a significant burden from the shoulders
of developers giving them time to focus on building their core game mechanics
while Arenum introduces an exciting PvP layer and NFT metalayer to any type of
game. Gamers are able to supercharge their normal gaming experience with
access to Arenum’s PvP tournaments for their game and take part in an NFTmetaverse that exists upon all games in the network. Arenum combines its
exciting NFT metaverse, unique PvP SDK for developers, and play2earn
mechanics to ensure that developers receive much-needed support and players
continue to have exciting gaming experiences.
The Lockness Payment Gateway
Lockness aims on providing a safe and secure spending environment for users within the crypto space. For the first time; users can buy and sell goods and services on any platform at any time, under the protection of a P2P escrow system. The PayPal of crypto!
As the popularity of crypto increases and block chain currency reigns in power, scams and fraudsters roam the network, increasing by a staggering 1000% within a one year span. As cryptocurrency begins to mature from infancy; measures must be taken in order to protect the end user in the most important sector known to the network, Transactions
Escrow crypto
Every transaction made through the crypto network is a risk of losing your funds to anyone on the receiving end. A bold solution Lockness aims to resolve is eliminating this risk in its ntirety. Developing a secure gateway for escrow
transactions;Available for P2P utility and businesses all around the world!
The Lockness Payment Gateway
As the moments pass by, millions of users will accept
crypto as their preferred use of payments. Whether its
simply trading or consumer purchases online, The
number of users are climbing exponentially upward of
the existing 100 million users.
Few target use cases With our initial P2P platform ready for release the possible use cases are endless! . Metaverse Economies. GameFi Transactions. NFT Marketplaces. Escrow SAFT services . Milestone Transactions for Services . Online marketplaces. Builders, Freelancers & Gig Economy. Real Estate and Property Sales. Automotive, Aviation and Marine Sales. Third-Party Managed Transactions. OTC Escrow Services
Introducing: The Lockness Token (LKN)
The Lockness token (LKN) upon release; will have utilities including:
• the ability to claim discounted fees upon the seller
• the ability to reward buyers with a percentage reflection of each transaction
• the ability to utilise (LKN) as a form or medium of accepted currency
• Integration within our transaction based liquidity pool
In the future, the LKN token will have additional utilities including:
• Staking and farming integration
• A payment medium as a part of the yet to release; Lockness NFC payments
• Usage of Lockness wallet utility
In conjunction with the launch of the Lockness escrow platform, Were excited to introduce the
Lockness token (LKN). After the subsequent launch of the Lockness token followed closely by the
transaction gateway, Users will have the opportunity to create transactions using ‘LKN’ tokens;
which will allow users to receive rewards through every transaction performed, as well as payee’s
receiving a deducted 0.5% from the initial seller fees. Alternatively, users have the option to
create transactions using BEP20 tokens of their choice, minus the potential rewards.
Were designing our Lockness token infrastructure
around the utilities of our payment gateways, This
will ensure a ‘double benefit’ system; ensuring the
price of the token as well as the stability of the
platform has been reached.
As the community continues to grow, and the
use case of the Lockness platform is brought to
the attention of the many crypto users, Our
platform will increase to grow in volume and
size. Every transaction made through the
Lockness platform indirectly contributes to the
structure of the LKN token. A percentage of the
seller fees associated with every transaction;
are split up into sectors, These include liquidity
and burn contributors. As time passes and
volume increases, The Lockness token will
indefinitely increase in value.
Product release
As Lockness ventures into the blockchain space, there are a plethora
of solutions to develop and explore. As Metaverse economies begin to
thrive and cryptocurrency becomes widely adopted across most use
cases. Our solutions to the modern world are developed with the User
in mind. Allowing affordable, easy and seamless transactions to blend
in with your everyday life, Paving the way to mass crypto adoption on
a global scale.
Your Crypto Is At Risk
1. Assurance is a necessity, Not a leisure
Payments Unprotected, Nobody Wins
Is security important to you? We know everyone loves the
feeling of security in their everyday life, so why should
crypto be different? We've designed our escrow payment
application to work alongside users existing wallets, all
funds sent and received will land in exactly the same
place they originated, Now there's no need to fumble 10
different wallets to use a single application.
E-Commerce = Escrow commerce
Were making it easier for business to go about their activity
whilst remaining safe throughout every transaction made.
During the set release of our V2 platform late 2021, SDK
integration will allow business owners to seamlessly link the
Lockness payment gateway within the convenience of their
existing e-commerce site. Business transactions will also
endure a 0.5% Discounted seller fee during every transaction
made.
2.Payments Unprotected, Nobody Wins
Generally payment made through crypto undergo the
heavy risk of losing it all. Transactions based through the
crypto network are subject to anonymity and
decentralisation, which for the most part is good. The
ultimate downside is a potential scammer on the other end.
Escrow is the new go!
Through our newly developed payment gateway,
Transactions made through the crypto network are
protected through the use of an escrow payment method.
Lockness; may be considered as the ‘middle man’ between
transactions to ensure both the buyer and seller are
protected, and the agreement initiated is upheld, every
step of the way.
3.Get paid while you spend
As if spending your hard earned funds didn't feel bad enough. Were lifting
the typical agenda behind spending money. Lockness is providing each
and ever user the opportunity to claim rewards for every amount spent.
Just one of the ways the seller fees are broken up and distributed to
benefit the system as a whole.
The Bigger picture!
Major corporate payment gateways will charge a percentage of
every transaction made, and keep the collective amount to benefit
themselves. Moreover; our objective is to benefit the entire Lockness
ecosystem through the fees charged to the seller. Burn and liquidity
lock mechanism are in built automatically within the payment
process to build upon the tokenomics of the LKN token. Creating a
deflationary token system as a result.
Let’s Get Into the Tech
“Our platform will present an innovative gateway for crypto payments all around the world.
Through harnessing the power of smart contracts, Lockness will be capable of creating custom
escrow payment solutions through developing secure smart contracts for every transaction
made. As a result of all this, we intend to significantly reduce the rate of scams and fraud
spreading through the crypto space; as well as mitigating a connection between businesses of
the real world with consumers within the block chain ecosystem. As a result; maintaining the
growth and safety of the community as whole.”
Malik Sukkarieh — CEO and Founder
Development, Fast tracked
“Our platform will present an innovative gateway for crypto payments all around the world.
Through harnessing the power of smart contracts, Lockness will be capable of creating custom
escrow payment solutions through developing secure smart contracts for every transaction
made. As a result of all this, we intend to significantly reduce the rate of scams and fraud
spreading through the crypto space; as well as mitigating a connection between businesses of
the real world with consumers within the block chain ecosystem. As a result; maintaining the
growth and safety of the community as whole.”
Development is moving at an extremely rapid pace. From payment
gateways to secure wallet applications. Were disrupting the crypto
market through creating the latest and greatest solutions to the
issues we face day to day within the crypto ecosystem. Our
Payment gateway BETA SDK is set to release alongside our native
token, Both elements work together to support each other. Our
very own Lockness wallet as well as NFC POS integration will be
available for businesses and well as P2P users to utilise in the
coming months.
Road Map
Technical Specifications
Extra measure
Nothing is more important to us than security. To ensure your funds as well as the
project reserve funds are safe. Lockness has taken all measures into account in
order to assure the risks of stolen funds have been eliminated. As a result, funds
held within the Lockness reserves will be stored within the cold wallet storage
system; in order to retain long term security measures for the platform as well as
the token.
As an extra precaution taken toward any catastrophic events that may occur,
Lockness is to employ white hat penetration testers; to ensure the stability and
security of our internal systems.
We work for you
The foundation of the crypto space is indefinitely its community, without the
support of the many users around the world, crypto would not be where it is at
this point. Protecting the community is by far the biggest concern crippling the
crypto space. Millions of funds have been stolen as a result of Fraud or scams
lurking the ecosystem. The Lockness escrow system will surely improve the trust
system that currently exists and drive the unwanted attention back into the
depths.
Escrow your crypto
In order to protect our users through the Lockness payment gateway, we must
create steps in order to ensure the process carries out its purpose. Users who deploy
an escrow transaction will be subject to a withholding period of their choice, during
this time funds are withheld until the item has been delivered. Once the item is
delivered and the product is approved by the buyer, only then will funds release to
the seller. Safe and Sound.
Compliance is the best policy
Working together is a part of our business we do not take lightly. Government
regulations and Lockness work together to create a harmonious environment and stability within the Lockness community. We will be working closely with major Ecommerce businesses and encourage all participants to view the stringent auditing and KYC measures taken to assure our legitimacy.
Fees that work for you
The Lockness business model is constructed with fair fees to the seller in order to
allow them to remain sustainable, Buyers on the other hand remain free as an
encouragement to use our platform and to stay safer when making crypto payments
online. For the first time, Lockness has developed their fees to benefit you, the user.
Fees retracted from the seller are distributed proportionately to benefit the system I.e
a portion becomes buyer incentive reward, liquidity contribution, burn etc.
Lockness Payment Flexibility
We understand everyone's situation is different. You might be a Retail businessman,
Software developer or maybe just the average Joe making a purchase! Keeping this in
mind; we've developed our system to revolve around you, delivering flexible payment
methods for most use cases.
We've broken our payment system down into 2 flexible payment methods.
Direct P2P Payments
Everyone wants to be in control of their money, But what if you could really be in control?
Delivering a service online isn't easy, Whether its developing a website or simply hiring a
moderator online, Payments can get really complicated.
First; there's the issue of remembering when to pay the funds, and second; how much do we owe
them again? I forget…
With the option of milestone payments, Funds are held in escrow and distributed at any scheduled
time. Whether its next Tuesday or an ongoing payment each week, Lockness provides the
flexibility you need to keep moving forward with your day. Leaving you in control of your crypto.
What if the customer forgets to approve the item after receiving it?
All measures are taken in order to ensure smooth sailing for all of our clients. That's why we've
integrated a fail safe duration. Essentially; upon requesting a transaction, it is mandatory to fill in
the maximum amount of wait time until a transaction must go through. So no matter how long
you wait; the payment is programmed to go through at the fail safe time that has been approved
by both parties. See, no stress!
Lockness Token Economics
We’re developing the Lockness payment gateway to allow users to seamlessly spend their crypto
through every transaction; under the protection of a protective escrow system. The transactions
may incorporate the use of ‘BEP20’ tokens as well as the native Lockness (LKN) token. As
development broadens, network bridges will be made to support many more crypto networks,
such as ERC20 based tokens etc.
A Lockness transaction starts its life in the hands of the buyer. A simple crypto transaction is
created which will immediately generate a smart contract; tailor made to the nature of the
transaction. As the funds are withheld and secured within the Lockness holdings; the buyer at this
time has the opportunity to view his service or item received; before approving it and allowing
funds to finally pass through to the seller.
Want to know what happens if the item isn't received as promised? Good question!
During the Withholding period, there may arise the circumstance where the buyer has received a
faulty product, or in fact nothing at all. This is where we come in! Lockness will be notified of the
disputed case and recognise the party at fault, before providing a full refund to the rightful
recipient. In turn protecting both the Payer and Payee during any given crypto transaction.
Simple, Fast and Safe!
Token Economics
Our unique payment gateway will allow users to finally shop and pay others
online with the added peace of mind of safety security and assurance. The
Lockness gateway will open up many opportunities for businesses to grow
within the ecosystem as well as Improving the infrastructure behind Direct
P2P payments. As a result; paving the way to mass crypto adoption for all!
This is a much needed necessity for the crypto space and a deterrent for
scammers online who seek to take the funds of unsuspecting crowds.
OK, But do you really need a native token?
Yes; in fact we do! This is not only for the purpose of benefiting the project as a
whole, developing a native token alongside our payment services will also benefit
you; the user. With the upcoming release of utility applications; such as Lockness
wallet and NFC Tap&Go payments, compatibility with our token will allow us to
incorporate features, not possible when using other available networks.
Lets run through the cycle of our token. As a transaction leads towards its ending
stages; the seller will incur a small fee as a total percentage of the transaction
made. This fee is promptly broken down into multiple parts, incorporating an
automatic burn and liquidity function. The percentage of the tokens that are sent to
burn will increase the scarcity of the token hence an increase in token price, and the
portion of $LKN tokens that are sent to liquidity will create stability within the token
itself.
Stringent Auditing
Determining the rightful owner of funds during a disputed transaction is no easy
task, that's why we investigate through fact checking processes and evidence
based opinions to ensure every decision made; is the right one
DeFi at its finest
Lockness is; and always will be decentralised The only access of funds available is
during the dispute process, Where funds in escrow are designated to the rightful
recipient.
Escrow for everyone
Everyone has the right to feel safe about their funds. So were making Lockness
available to everyone, no matter the where in the world you reside.
Public Begins Mid December 2021
*Any excess tokens will be burned after the token sale.
**At launch, there will be 1 Billion tokens (or slightly less as any tokens not sold will be burned). We are selling 25% of the
tokens (260 million) between the private sale and public sale, and will distribute tokens shortly after the close of the public sale.
Token distribution
will occur hours
after Pre-sale has
Completed.
An important mention to note is the vesting period that comes along with every ICO & IDO token purchase. These private
fund rounds both encounter a vesting period in order to prevent the possibility of a mass sell off at launch, in order to protect
the investments of the people and the stability of the token, Lockness has incorporated these vesting periods exclusive to both
the Private sale and Pre sale funding rounds. Please check the detailed tokenomics charts to view which vesting period may
apply to you.
If one may choose to invest in different Pre sale rounds, Vesting periods apply to each separate investment for
both rounds. This means you may experience different vesting criteria for both separate investments.
Token Economics: Token Allocation
Token Economics: Rounds
Our Mission
Block chain;
Revolutionised
The Lockness Payment Gateway is a a long term mission, In order to achieve the end
goal we require a crowd-sale as a small factor to contributing towards the success of the
Lockness platform. Lockness is not an extension of the current payment wallet to wallet
system we currently use today, But rather a complete replacement. Our goal is to adopt
70% of payments made on the block chain to pass through the Lockness platform by the
year 2025, or sooner! Similar to the traditional banking system still alive and well today,
PayPal secure transactions have paved the way for a safer online consumer
environment, and slowly transitioned the e-commerce by replacing traditional bank
transfers with their safer, easier alternative. In the same way, Lockness will revolutionise
the payment system on the block chain as we know it!
Our Partners
Lockness aims on providing a safe and secure spending environment for users within the crypto space.