🌟Introducing Play-to-Earn Evolution (P2EE)

In the Gamefi industry, the P2E model is the best because it fulfills target audience needs and interests but when uncertainty happens, it becomes worthless. So in order to avoid the uncertainty, there's 4 sections that need to be solved, which is depreciating market/unsustainable tokenomics, Toxic Culture of NFT/GameFi Industry, Project-bounded Assets/Complex Gameplay and Undeveloped Player Ecosystem.

We are actively shaping a more resilient environment for the GameFi industry, specifically aiming to mitigate the impact of future bearish market trends. Our innovative approach involves introducing a new business model, P2E-Evolution, which represents GameFi 2.0. This model boasts bear-proof capabilities, providing a solution to uncertainties and unsustainable player incentives. Notably, our strength increases in more bearish conditions, attracting players while other projects and segments may face stagnation.

To achieve bear-proof stability, we have designed a Stable Utility Token, $GIA, as a reward for our players. Employing similar algorithms as stablecoins, we control the supply, mint rate, and implement unique deposit mechanisms under a revenue > incentive business model.

Pre-allocation is a key feature preventing sudden price increases. GIA's initial upward trajectory due to low supply and high demand (crafting) is managed through pre-allocation, allowing users to deposit USDT to swap GIA for crafts, with all deposits collected subject to 100% dynamic buyback.

A portion of in-game items sales, microtransactions, and the TYT ecosystem fund also contribute to the Deposit pool backing up GIA, distributed at a ratio of 40%, 40%, 20%.

Technically, while GIA's total supply is unlimited, a filter pool with the algorithm "burn = mint x2" ensures manageable and algorithm-capped supply before entering the market.

The barrier effects algorithm in the filter pool prioritizes supplying new crafted playable NFTs. Latecomers can join anytime, benefitting from a 75-day mint rate protection provided by the barrier effect, contributing significantly to player growth rate.

Crafted playable NFTs have a lifespan of 365 days, and less than 1.5% of BTMs converted into crafting time is sufficient to address daily pressure. Culture point management becomes essential, applying pressure to dynamic culture point thresholds that players must maintain through participation in events and revenue generation.

Burn events, such as crafting playable NFTs, forging NFT items, microtransactions, guild wars, tournaments, and frenzy mode, further enhance the ecosystem.

Our focus now shifts from consuming liquidity to game content through weekly guild wars involving 24 guilds matched into one. Winning guilds have seven days to farm NFT items with exclusive drop rates, tradable across 100 games, creating a higher level of earning.

In summary, GameFi 2.0 incorporates bear-proof ability, a robust revenue model, user-centric features, easy and fun dramatic gameplay, and cross-game trading to foster player engagement. Cross-game trading is emphasized to give ownership of NFTs more meaning, creating demand and utility beyond the confines of individual projects in the web3 space. The P2E model is good because it fits the users' needs, but under one condition, which is when the price of the reward is healthy. We improve the model by retaining the best parts and upgrading the shortcomings.

After a year of research (2021), on top of the P2E model, there are four sections that have to change to become a sustainable model that fits the user's needs. P2E-Evolution model is able to aim for mass user adoption while staying healthy at the same time, being good at offense and defense.

The Pillars of the P2EE Model

1: Gameplay that anyone and everyone can enjoy

• Balanced gameplay mechanics

Unlike some other games which continuously buff and nerf their NFTs to balance gameplay, the nature of Bounty Temple’s mechanics doesn’t require unwanted stat adjustments to NFTs. Owners of our Bounty Temple Monument NFTs can have peace-of-mind that their assets won’t be arbitrarily devalued at any time, so they can rest assured that they can HODL for the long term!

• 15-mins-a-day gameplay

Bounty Temple features easy and fun gameplay that doesn’t require hours of commitment per day just to earn. The low skill floor makes it accessible to everyone, and simple gameplay mechanics make it easier for us to quickly roll out events and features which keep the game fun and engaging.

• Newbie-friendly

“Oh, it’s too late for me to start” is a common complaint in the GameFi space, which often rewards early adopters with the lion’s share of the rewards. In line with our ethos of making Bounty Temple accessible to everyone, we’ve introduced a mechanic called the Barrier Effect, which insulates newly crafted NFTs from the Weather Effect for 75 days.

2: Designed for long-term sustainability

• Stable utility token

We’ve developed a proprietary algorithm called the Weather Effect which controls the minting rate of our $GIA utility token. The Weather Effect ensures that fewer $GIA will be minted if the burn rate of the token is low, and vice versa. This ensures there won't be an oversupply of the token at any time - a simple solution to a long-standing problem!

• Robust token utilities

We’ve planned a vast roster of token burning activities, including crafting, forging, upgrading, mini games, events, courier, an e-shop and more. By ensuring that the tokens have ample utility, we incentivise holding while controlling the circulating supply. Simple!

• NFT holding / burning incentives

The same goes for our NFTs, the Bounty Temple Monuments. These were designed with healthy burning and holding incentives in mind, to regulate supply and preserve the value for holders in the long run. BTMs expire after 365 days, after which the BTM owner can mint and become the owner of the corresponding rune, allowing them to begin earning Trait Rewards.

3: Features a centralised scholar system

• Built-in rental system

NFT owners and managers can easily list their NFTs for rent and set their own reward sharing ratio, which can be anywhere from 1%-99%.

• Automated reward sharing and payouts

Reward payouts are automatically done via escrow, plus owners and managers can recall their NFTs at any time for total peace of mind.

• Scholar Scoring System (SSS)

The SSS ensures that scholars undergo a KYC process to prevent abuse, and uses machine learning to rank scholars up to 5 stars. High ranking scholars stand a chance to be promoted to an Uprising Manager and beyond, which opens up pathways to more opportunities and even potential sponsorships via our House of Pluto system!