Bold Point Tokenomics and Litepaper Revealed
With the launch of Bold Point’s beta version scheduled for the fourth quarter (Q4) of 2021, we want to ensure you have all the information you need to become a certified Bold Point warrior. As such, we have decided to make an in-depth reveal of the game to our community.
In This blog post, we will be going through the tokenomics of Bold Point, how the $BPT token works, and how players will be able to generate income with the game’s play-to-earn model through said token and other Non-Fungible Tokens (NFTs).
As we release more high-quality games like Bold Point (from our developers and third-party studios), we continue to inch closer to our version of becoming a go-to decentralized gaming platform and the perfect ecosystem for game developers and gamers themselves to co-exist in a fairer model. That’s what YAY Games is all about.
To learn more about our newest flagship game, read below or check out the newly published litepaper here.
Bold Point thriving digital economy
As you probably know by now, Bold Point is an NFT-based game. Every character, item, and achievement reward will be tokenized and represented by unique Non-Fungible Tokens (NFTs). Through the in-game marketplace, gamers will be able to transparently buy, sell, loan, or collect a variety of different NFTs. It is also possible to craft items by burning $BPT or $YAY tokens, allowing players to generate the rarest and strongest NFT items.
Players will need to leverage their wits and acquired knowledge to battle against each other in the competitive multiplayer mode (PVP). Master all your courage and participate in tournaments with big prize pools (Gold PvP) or in the Bold Point Arena, where teams of players are pitted against each other until only one is left standing.
Bold Point’s groundbreaking play-to-earn model will offer plenty of economic incentives, allowing players from all around the world to monetize their gaming experiences without having to invest thousands to start competing!
Another one of Bold Point’s unique gameplay features is character creation. Players will design their characters, customizing them with a distinct set of skills and background stories. Characters are fully controllable and responsive to the player’s command.
Bold Point has made it its mission to break down crypto adoption barriers, bringing blockchain gaming to a more mainstream audience. The game will make an essential distinction between crypto users and non-users, thus allowing those new to crypto to try out the game and all of its mechanics without setting up a wallet beforehand.
Bold Point is being integrated into two separate blockchains, with one being our own sidechain technology which will be released in Q3 of this year. The sidechain will work as a sort of testnet, allowing players new to crypto to experiment with the game, mint NFTs, make transactions, and stake assets and all of its mining mechanics without a wallet or any real crypto involved.
The team behind the project also placed a significant focus on education. By digitizing an extensive knowledge base of crypto and creating fun ways to educate users, Bold Point aims to improve crypto literacy and create a healthy community filled with positive social interactions.
Bold Point is expected to have an early access release by the end of this year (Q4 2021), and a limited series of smartphones with Bold Point pre-installed will be launched to commemorate the release.
- Token: Bold Point ($BPT)
- Total Supply: 1,000,000,000
- Token Price at IDO: $0,04
- Initial Market Cap: $389,000
- Seed round: 4%
- Strategic round: 10%
- YAY Holders Round: 2%
- Initial DEX Offering (IDO): 2%
- Initial liquidity: 2.5%
- Farming rewards: 8%
- Game mining: 20,5%
- BP Labs: 14%
- Marketing: 10%
- Ecosystem Growth: 16%
- Community Contests: 1%
- Team Members: 9%
- Donation: 1%*
*Donating proceeds towards developing renewable energy sources for sustainable mining
- Seed round: 4% per month linear vesting after Token Generation Event(TGE)
- Strategic round: 5% per month linear vesting after TGE
- YAY Holders Round: 6,25% per month linear vesting after TGE
- Initial Decentralized Offering (IDO): 6,25% per week linear vesting after TGE
- Initial liquidity: Fully Locked
- Farming rewards: 2,5% per month linear vesting starting from month three
- Game mining: 2,5% per month linear vesting starting from month three
- BP Labs: 2,5% per month linear vesting starting from month four
- Marketing: 2,5% per month linear vesting after TGE
- Ecosystem Growth: 2,5% per month linear vesting starting from month four
- Community Contests: 2,7% per month linear vesting starting month three
- Team Members: 4% per month linear vesting starting month seven
- Donation: 4% per month linear vesting starting month four
About YAY Games
YAY is a decentralized gaming marketplace designed for gamers, traders, and farmers that merges the gaming sector with decentralized finance.
YAY, at its core, is a gaming marketplace platform that is introducing multiple games in a decentralized way, utilizing blockchain technology to diminish the gap between games and decentralized finance.
We bring the regular gamer into the blockchain by adding innovative in-game mining mechanics, farming pools, and non-fungible tokens to casual games. Thus, rewarding the user based on the number of games played, achievements accomplished, tournaments, and more.