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Launchpad
Benefit for user
Users can participate as an initial investor in a new game project through Initial Game Offering(IGO)
Benefit for the game developer
Game developers can raise fund through IGO
- PlayOne Games Token(PLO) & PlayOne Games Point(PLOP) Staking
- When users stake PlayOne Games’ governance token, PlayOne Games Token (PLO), users earn a corresponding number of PlayOne Games Points (PLOP).
- Based on PLOP, users get basic qualifications to participate in IGO
- Launchpad “Ranks” are determined according to the number of PLOPs. The number of IGO game tokens to be allocated varies according to the rank users belong to. The higher the number of PLOP staking, the greater the number of game tokens assigned.
- KYC Certification
- The purpose of introducing KYC is to provide an opportunity of “1 wallet = 1 IGO participation”
- Prevents bots or some users from indiscriminately participating in IGO
- KYC verification is carried out through an external KYC specialized organization called KYCaid
- Whitelist Application
- Only owners of wallets listed on the whitelist can participate in the IGO.
- Whitelist conditions may change depending on the participating IGO. General whitelist conditions may include participation in Telegram and Discord, and requesting to follow Twitter.
- Token Swap with Klay
- Finally, the user pays KLAY corresponding to the allocated Game Token quantity and swaps it with the Game Token.
- When IGO is closed, users can claim Game Token to their wallet.
In order to participate in the IGO, the number of PlayOne Games Points (PLOP) that meet certain conditions must be staked.
PLOP can be obtained by staking PlayOne Games Token (PLO).
- PLO ↔ PLOP 1:1 Exchange
In the most common form of staking, PLO and PLOP are formed in equal proportions. For example, if a user stakes PLO worth 100, they can get 100 PLOP in a 1:1 ratio.
- LP Pool Staking & PLOP Boost
This is a staking method that provides extra PLOP as a reward for building PLO LP Pool. Users deposit the same value of PLO and KLAY in the Dex LP Pool and get PLOP accordingly. As a liquidity provider, if a user deposits PLO in the LP Pool, they may face the risk of non-permanent loss. Additional PLOP is provided as compensation.
For example, if a user deposits 50 PLO and 50 KLAY, which is a total value of 100, in pairs in the LP Pool, the user can get 150 PLOP, which is a 1:1.5 ratio. Additional 50 PLOP is user compensation for risk of non-permanent loss
The LP Pool deposit reward rate may change accordingly
Users can participate in the IGO in the same way regardless of which PLO staking option they choose. Only the number of PLOPs they receive as a reward is adjusted.
The PlayOne Games launchpad is based on a ranking system and consists of a total of 5 ranks. Rank is determined by the number of PlayOne Games Points (PLOP) that are staked.
Rank: Beginner ⇨ Elite ⇨ Ranker ⇨ High Ranker ⇨ Hidden
Depending on the rank users belong to, PlayOne Games will provide various benefits to users. First of all, the current ranking system is a model limited to the Launchpad IGO, and the benefits will also be focused on the IGO participation process. However, as the PlayOne Games expands its business toward a comprehensive platform beyond the IGO-centric launchpad, the range of rank benefits will gradually diversify.
The minimum staking conditions and IGO allocation for each rank will be updated later, so please stay tuned.
- 1.Beginner
- PLOP Minimum Staking Requirements: 1,500
- Qualified to participate in the Launchpad IGO
- Acquired IGO Game Token based on Lottery
- PLOP unstaking period: 5 days
- Maximum IGO allocation: TBD
- 2.Elite
- PLOP Minimum Staking Requirements: 9,000
- Qualified to participate in the Launchpad IGO
- Acquired IGO Game Token based on Lottery
- PLOP unstaking period: 10 days
- Maximum IGO allocation: TBD
- 3.Ranker
- PLOP Minimum Staking Requirements: 45,000
- Qualified to participate in the Launchpad IGO
- Acquired IGO Game Token based on Lottery
- PLOP unstaking period: 15 days
- Maximum IGO allocation: TBD
- 4.High Ranker
- PLOP Minimum Staking Requirements: 180,000
- Qualified to participate in the Launchpad IGO
- Acquired IGO Game Token based on Lottery
- PLOP unstaking period: 30 days
- Maximum IGO allocation: TBD
- 5.Hidden
- 20 slots for highest PLOP stakers in High Rank
- 20 users in the hidden rank are ranked according to the amount of PLOP staking (1st to 20th)
- Differential distribution of IGO tokens according to individual rankings
- The previous hidden user secures 3% more volume compared to the next ranked user
- Providing NFT random boxes for participating IGO game projects
- 30% fixed allocation of IGO volume
- PLOP unstaking period: 30 days
Total IGO Raised Volume: $300,000
Fixed Volume allocated to Hidden Rank: $90,000(= $300,000 x 30%)
Ranking | Allocation Formula | Allocation | Total($) | Volume($) |
1 | = 20th place * 1.03^20 | 6.53% | 90,000 | 5,873.22 |
2 | = 20th place * 1.03^19 | 6.34% | 90,000 | 5,702.15 |
3 | = 20th place * 1.03^18 | 6.15% | 90,000 | 5,536.07 |
…….. | | | | |
18 | = 20th place * 1.03^2 | 3.95% | 90,000 | 3,553.39 |
19 | = 20th place * 1.03 | 3.83% | 90,000 | 3,449.90 |
20 | = 0.03 / (1.03^20-1) | 3.72% | 90,000 | 3,349.41 |
Lucky You is a rank upgrade system like a typical item upgrade.
This system is a chance for users to move to the next rank, and is conducted by betting a portion of the minimum number of PLO stakes required for the next rank.
- Participation method: Partial payment of PLO required for the next rank
- Procedure: Selected among users who participated in Lucky You
- The number of users who win Lucky You may fluctuate by ranks
- Participation fee is burned regardless of winning or losing
- Lucky You only applies to a single IGO round. New Lucky You at the next IGO round
Lucky You Rank Enhancement Scenario
- Beginner ⇨ Elite
- Minimum number of PLOP stakes to achieve Elite: 9,000 PLOP
- Rank enhancement cost: 90 PLO (=9,000 PLOP X 1.0%)
- Upon successful enhancement, the user pays 90 PLO to level up to Elite
- Elite ⇨ Ranker
- Minimum number of PLOP stakes to achieve Ranker: 45,000 PLOP
- Rank enhancement cost: 450 PLO (=45,000 PLOP X 1.0%)
- Upon successful enhancement, the user pays 450 PLO to level up to Ranker
- Ranker ⇨ High Ranker
- Minimum number of PLOP stakes to achieve High Ranker: 180,000 PLOP
- Rank enhancement cost: 1,800 PLO (=180,000 PLOP X 1.0%)
- Upon successful enhancement, the user pays 1,800 PLO to level up to High Ranker
Depending on the number of participating users, the Lucky You enhancement probability and cost (PLO) may vary
Last modified 1yr ago