Testing Your Might With Polyplay[UPDATED]
E-sports is rapidly growing industry, with the global eSports market valued at just over 1.08 billion U.S. dollars. Whilst there are plenty of potential to explore, together there are also challenges to overcome.
Success in e-sports does not come easy. The very basis of competitive gaming is built on the foundation of being better than someone else. As players compete with millions to rise through the ranks, the field of competition gradually shrinks. And this is what separates the good from the great, the great from elite, and the elite from the legends.
Having said that, this system is difficult to be sustained over time. Picture a pyramid: at the base, most people are playing for fun, not expecting to be compensated; whilst at the top, there are professionals, with specific values and who competed professionally on global tournaments with huge price money. The gamers with the biggest huddle are actually those situated in the middle of the pyramid, who are training to be professionals but are just not at the level where they can create values for professional teams to support them.
Enter PolyPlay
PolyPlay aims to host E-sport tournaments for all the amateur players as if they’re professionals. With a sizeable prize pool funded by all transactions made on the project blockchain.
The team shall be offering tournaments, staking and will be building a launchpad set to release in September. With a fully transparent and DOXXED team, PolyPlay will quickly peak the interest of that very same gamers stuck in the middle of the pyramid. Being business oriented, there would also be facilities for Sponsors and Companies to be promoted through PolyPlay’s live twitch stream, YouTube Tournament Highlight shows and PLAY ROOM Store.
PolyPlay welcomes all future prospects of e-sports gaming and hopes to be the next driving force by being Gaming’s Gold Standard.
Tokenomics
For each transaction, a 6% Tax will be incurred for:
- Tournament Fees — 2%
- Overhead — 2%
- Marketing — 2%
Total Supply: 1,000,000 PLAY
- Rewards and Ecosystem 15%, Locked in the first month, Maximum 10% to be released monthly for use.
- Team 8%, Locked for the first 3 months, 10% to be released each subsequent month
- Operation and Development 8%, Locked for the first 3 months, Maximum 10% to be released monthly for use.
- Legal 3%, 100% to be released during Token Generation
- Treasury 5%, Locked for the first 3 months
- Liquidity 12%
- Marketing 10%, 25% to be released during Token Generation, 10% to be released each subsequent months
- Private Sale 9%, 40% to be released during Token Generation, 15% to be released each subsequent months
- IDO 30%, 50% to be released during Token Generation, 25% to be released each subsequent months
IDO price: 1 PLAY = USD0.55
Listing price: 1 PLAY= USD 0.62
Listing on the 24th July 2021, Approximately 1630UTC. Initial Market Cap to be approximately USD 130,820
To find out more about how to participate in the IDO on the day itself, read here. Using a Smart Staking approach to Oxbull.Tech’s IDO model, The Public Sale would be categorized into 3 groups:
Tier-1: Guaranteed High Allocation [UPDATED]
For a High allocation and a Guaranteed participation of the PLAY token, investors would be required to:
- Enrolled Smart Stake for 8,000 OXB tokens
OR
- Enrolled Smart Stake for 0.15 LP (Currently about 4,700 OXB/BUSD LP)
before 22nd July, 0000 UTC (3 days before the listing) and MAINTAINED until token generation event. Auto enrollment will be carried out this round.
Qualified Investors will have a pre-allocated time of 9 Hours from 1630 UTC 23rd July — 0130 UTC 24th July to contribute to the Public sale pool.
Min contribution : TBA, Max contribution: TBA
Each qualified address will only be eligible for ONE transaction.
Tier-2: Guaranteed Medium Allocation [UPDATED]
For a Medium allocation and Guaranteed participation of the PLAY tokens, Investors who are keen to participate would be required to be:
- Enrolled Smart Stake in between 1,000 OXB — 4,000 OXB before 22nd July 0000 UTC (3 days before the listing) and maintained until token generation event.
- For Investors who were late and missed the staking deadline, the Time lock farm shall be available up until 24th July 2021 0000UTC, where Investors will still be allowed to participate in the IDO, subject to the staked OXB funds being locked for 7 days. Investors in the Time Lock farm will not earn APR nor reflection rewards.
Qualified Investors will have a pre-allocated time of 60 minutes to contribute to the Public-sale pool on the 24th July 2021 between 1300–1400 UTC.
Min contribution : TBA, Max contribution: TBA
Each qualified address will only be eligible for ONE transaction.
Tier-3: Whitelisting program
Whitelisting link: https://forms.gle/hVpbCCJ7wkGYJM586
For a Small allocation of the PLAY tokens, interested Investors will need to hold(Not Smart Stake) at least 50 OXB in their wallet and complete the Whitelisting form and requirements to stand a chance to qualify for the IDO. Whitelisting qualification generally increases with more OXB held and the more active investors are on TG and Twitter.
The Public-sale pool shall be opened to the qualified public after the allocated time for Tier 1 and Tier 2 investors end. Contributions are on a first come first serve(FCFS) basis on the 20th July between 1400–1430 UTC.
Max contribution:
Each qualified address will only be eligible for ONE transaction.
IMPORTANT NOTES: Qualification of Tier-1 and 2 will require ENROLLING SMART STAKING. In the event where an Investor who has not enrolled in Smart Staking but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.
Smart Staked holdings are required to be maintained adequately until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed.
Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.
Website: https://polyplay.net/
Twitter: https://twitter.com/PolyPlayCoin
Telegram: https://t.me/PolyPlayGames
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