The project SEED divides tokens into 2 types: Ecosystem Token (SHILL) and Game token (O2)
SHILL Token is the native ecosystem token. Holding SHILL Token grants several benefits for the users, including receiving In-Game airdrops, secondary token (game token) distribution, governance, and other great in-ecosystem rewards and benefits.
To explain the token name, it was originated from Shilling, a historical coin that is formerly used in the UK, Australia and other British Commonwealth countries. In addition, "shill" is also well-known as a slang in crypto community like "shill", "shilling" or "shillers".
$SHILL Token use cases
SHILL holders can create their dungeons for other players to play (farm) as loot materials. Each dungeon has a unique ID that attaches to the blockchain. Sometimes O22 Token will be dropped randomly at Dungeon.
Dungeon rewards by earning O2 tokens and it could be converted to real money. O2 tokens will be distributed based on Proof-of-Play. Besides, stakers will receive a limited NFT drop by the system every season.
In Project SEED games, players govern the world and the ecosystem. SHILL Token holders can propose and vote for their favorite ideas. Project SEED is creating the 1st decentralized mobile game app where players are involved in game advancements.
Every NFT minting will require players to burn SHILL token. Project SEED believes this system will make a healthy game economics and balance of the token supply.
Players can enhance their game items (minted as NFT) to increase their statistics and skills. Like minting, every enhancement requires players to burn SHILL token.
In the Outland Odyssey game, players can interact with their beasts, called Zeds. Using SHILL token, players can evolve their Zeds to higher levels and skills.
SHILL stakers are granted Merchant Benefits, having more spaces to list their items on the NFT marketplace with cheaper fees. Merchants can promote their products on the front page of NFT marketplace by Merchant Advertisement Program. All ad fees are paid by SHILL.
SHILL Token will be the option of currency for payment at NFT Marketplace. NFT Marketplace will be available in 2 types BUY/SELL and RENTAL System.
Launchpad program to incubate and develop blockchain games.
Token Key metrics:
Token name: SHILL
Blockchain: Solana, Binance Smart Chain
Blockchain standard: SPL, BSC
Total Supply: 1,000,000,000
Token Funding Round
Token Release Schedule
TGE open on Nov 9, 2021. Project SEED will launch first multichain token public sale by IDO on Solanium, GameFi, Gamestarter.
(*) Unlocked for providing initial liquidity
Besides, Project SEED will create a value accrual strategy to encourage SHILL holders. Dev team believe that when sharing values with participants, they would have players' heart and inspire holders to accompany the project.
Value accrual planning for shill token
a. NFT Marketplace Transactions:
4.5% Transaction fees goes to 45% project SEED development, 45% community treasuries, 10% charities.
b. DeFi Swap:
When you make a trade / swap on SEEDex, the transaction is charged a 0.25% fee:
- 0.2% or 80% trading fee goes into the liquidity pool and becomes a reward for liquidity providers.
- 0.05% or 20% trading fee goes into the community treasuries which is for the staking pool and becomes a reward for those staking their SHILL Tokens.
The first game title - Outland Odyssey has multiple in-game activities that cost SHILL (Project SEED Utility Token) and O2 (Outland Odyssey Token) burn so that its supply can become a deflationary token in the long term.
Future project Seed value accrual
Project SEED team plan for more additions to Project SEED SHILL Token value accrual in the future.
Game Token (O2 Token) is a token of Outland Odyssey, O2 token use case is similar to SHILL token.
O2 token will be distributed by three methods: SHILL staking rewards, Play-to-earn rewards, Community rewards.
Some information about O2 Token
Ticker Name: O2
Total Supply: Non-capped Supply
Monetary Policy: Burn and Mint Equilibirum
Emission Type: Dynamic Issuance
Initial Circulation Supply: 0
Personal opinion about token economics
With the updated new version of project SEED whitepaper, we see the SHILL token economics turned into a native token of total and a separate token for each individual games.
Looking at the token allocation schedule and the initial % TGE investor receiving, the quantity of the seed sale round and private sale round tokens occupies 12.5% of total supply, and they o 9,750,000 tokens compared to 27,250,000 of the initial circulating supply. The figures can make both players and holders assured.
COO at FRONTIER also known as CEO of HOTCROSS - Philip Arthur Moore - https://www.linkedin.com/in/philiparthurmoore/
CEO at Intellibuzz; Co-Creator at MahaDAO - Pranay Sanghavi - https://www.linkedin.com/in/pranaysanghavi/v
Prudentia advisory - Karvan Vaswani - https://www.linkedin.com/in/karan-vaswani-56ab728/
Prediction and Conclusion
Project SEED is the first game project built on Solana platform. Project SEED also directs itself to the first action RPG game that integrates with play-to-earn mechanics.
With a team consisting of talented and dedicated members, Project SEED is potential to be one of the leading projects in the blockchain game. Seeing the roadmap, we have to agree that the whole team works their fingers to the bone for the project so that they can achieve every milestones. Let's wait for the good results in the near future!