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Whitepaper - Coggle Diagram
Whitepaper
Battling
- Open ended digital pet universe
- Axie NFT assets are tickets that grant access to all current & future experiences built on top of Axie IP
Timeline
- Oct 2018: First battle system. "Idle battle system"
- Dec 2018: Alpha of real-time battle card system
- 2.5M Axie holders and 1.5M DAU
- 6th Apr 2022: Axie Infinity Origin was released
Tournaments & Esports
- Axie players have earned 1000s of dollars in cryptocurrency through numerous tournaments hosted by the core team or 3rd party sponsors
Breeding & $SLP
- Axies can be bred to create new offspring
- Max breeding count to avoid hyperinflation of Axies
- Breeding an axie costs AXS and some Smooth Love Potions
- Axies cannot be bred with their children and Axies cannot breed with their siblings
- $SLP is not sold directly to players
Genetics
- Each Axie has 6 body parts as well as a body shape
- For each part, an Axie possesses 3 genes - A dominant (D), recessive (R1), and minor recessive gene (R2)
- Takes 5 days for an Axie to become an adult
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LAND
Lunacia
- The Axie homeland is divided into tokenized plots of land which act as home and bases of operation for their Axies
- Plots can be upgraded over time using a variety of resources & crafting ingredients
- Land owners have AXS tokens on their land plots, or use the Axies that occupy the land plot to explore resource nodes on the map
- When interacting with resource nodes Axiesc can find AXS and potentially other resources
Resource Gathering and Crafting
- Resources will spawn in nodes across Lunacia and be used to upgrade both land and Axies
- Landholders will have first rights to any resources that spawn on their land
Real time PvE battles
- Monsters called "Chimera" are terrorising Lunacia
- Players will be able to take on Chimera either alone or in groups
- Chimera will drop an assortment of resources, items, and blueprints used to upgrade land and individual Axies
The World
- Lunacia consists of 90,601 plots of land. These lands are represented as NFTs and can be freely traded by players
Still Under Development
- Phase-1: Focus more upon simulation and land management (production, resource gathering, building & trading)
- Phase-2: Build in additional gameplay elements (such as skill trees, jobs, and social/cooperative activities)
- Phase-3: Focus more on strategic gameplay (defend, battle, conquer)
Lunacia SDK
- Developers can create games & art using this SDK
- Once a game has been created it is saved as an NFT and can be traded
- These NFTs can be placed on land and players will be able to click on them to enter the game inside
- Through this process, we aim to gradually decentralize the game creation aspect of the Axie universe
- It will be impossible for one team to build out all content needed for Lunacia when we reach 100s of millions of users
- User generated content/game is a scaling strategy for new experiences
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Structure
- AXS are ERC-20 governance token for the Axie Universe
- AXS holders are able to claim rewards if they stake their tokens, play the game, and participate in key governance votes
- Players will also be able to earn $AXS when they play various games within the Axie Infinity Universe and through UGC initiatives
Two Goals
- To reward players for interacting with Axie infinity while simultaneously incentivizing them to hold on to their tokens so they can claim additional rewards
- To decentralize the ownership and governance of Axie Infinity
Community Treasury
- Receives revenues generated by Axie Infinity as well as a portion of staking rewards
- Governed by AXS stakers eventually, once the n/w has become sufficiently decentralized
- The treasury receives inflows from A) 4.25% of all Axie NFT marketplace transactions, B) The AXS portion of the breeding fee
- More fees to be added in the future - cosmetic sales, tournament entry fees, licensing fees etc.
- In early days, the staking issuance will be high - encouraging a high portion of staked AXS without requiring an additional source of funding
- As issuance allocation drops over time, there will be need to another source of funding to encourage a high % of staked AXS
Token Design
- Done by Delphi Digital
- AXS staking guide here
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The Player Economy
- players collect these pets/creatures called Axies
- players aim to battle, breed, collect, raise and build kingdoms for their Axies
- complete quests, defeat bosses and unlock in-depth storylines
- players can collect unique Axies with varying body parts & appearances
- Body parts unlock different abilities for Axies. Also have their unique card art for players to collect
Community & Economy
- Build your own experience: All art assets and Axie genetic data can be easily accessed by 3rd parties
- Ranked the #1 Ethereum game by daily, weekly, and monthly active users
- Total spend by players over 1M ETH (3B+ USD) so far
- Not just gaming but taken characteristics of a social n/w & earning platform
- Key difference: Blockchain economic design unlocks the ability to own complex player-owned economies & reward players who are able to reach advanced levels of skills
Mission
- To create an ecosystem of amazing Axie gaming experiences with community and player-owned economies as foundational pillars
- Third party dev encouraged
- tools built for developers
- in Jan 2022, the Axie builders program was released
- Although community is small, the amt of ugc is high
- Axie tech, Axie world, Axie Zone etc.
- Decentralized Organization
- Progressive Decentraliztion
- The process occurs as AXS is distributed among players and stakers, with Sky Mavis ownership becoming less concentrated over time
- Sky Mavis will be able to vote with locked play to earn and staking rewards allocations
- Mainly to prevent hostile actors from disrupting the system during the early and crucial phases of development
- We estimate that Sky Mavis will no longer have the majority vote by October 2023
Decentralization roadmap so far
- Token generation event (no voting)
- Staking dashboard released (stake, participate & vote on which teams should receive funding from the ecosystem fund and how the community treasury should be distirbuted)
- More on-chain votes on smaller issues
- Change from 1p1v to Quadratic voting
- Sept 2023 - Decentralized organization
Past revenue streams
Generated over 6000 ETH in revenue over Axies Sales, Land Sales, Breeding fees, and Marketplace fees
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Future revenue streams
- Will be run as a Game-as-a-Service model where new features will be introduced over time
- Fees when players want to level up their game characters. play in tournaments, and craft new assets (GaaS)
- Community treasury will also being to accumulate fees once the staking dashboard is enabled. All fees + revenue generated will be governed by AXS holders
Current revenue stream
- Breeding fee. paid in AXS, for breeding Axies
- A 4.25% Axie Marketplace fee from sales of Axie NFT sales: Axies, land, and land items
Background
- Vietnamese developers. Met through a programming contest
- Initially chose Ethereum but scaling issues
- Learning
Users are more focussed on the benefits blockchain tech brings, rather than decentralizing too many features
As long as we provide a tamper-evident distributed ledger that ensures scarcity and allows our players to own and trade their assets it will be enough, for now
The mechanics of play & earn do not require a fully decentralized public blockchain
Part of the ethos of web3 is the idea of users being rewarded for the value they bring to applications
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- Roadmap & Completed Milestones
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