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Synthetis Grants CouncilSynthetis Grants Councilby0x9e62D2402bD4F13Ae9898E58Bfb00B5951a654B90x9e62…54B9

Play-to-Earn: Earn valuable NFT’s and tokens for just a fraction of their cost. Please check the testnet version on www.leagueofearn.com

Voting ended over 3 years agoSucceeded

Username

League of Earn

Grant Description

We would like to add Syntetix as a blockchain to our system. This way any SNX holders can deposit its native tokens in order to ply LOE games. Syntetix community would gain a unique and ready-to-use P2E platform. 

Overview

Play-to-Earn: Earn valuable NFT’s and tokens for just a fraction of their cost.   

Deck can be seen here: https://team11it.sharepoint.com/:f:/s/team11it/EpvVjcSYLF9Kk6avUryTsJEBLor5v_oSJCNlmlUMoQKx7w?e=qPvjfC 

The project is now being tested in order to be ready for launch. 

League of Earn platform provides players with Single Player HTML5 & Multiplayer math-based games where different types of high value prizes can be won. The required participation fee is close to a crypto dust (0.50 - 1 USD) 

THERE ARE 4 PRIZE TYPES 

  • NFT’s from leading Game-Fi projects, such as Gala Games, Immutable, Splinterlands, etc. Players deposit their LOE or specific project’s tokens to participate. After the game, a NFT will be sent automatically to the winners web3 wallet address.  

  • Earn a bunch of tokens from leading Game-Fi projects, such as Gods Unchained, Axie Infinity, Sandbox, etc. Players deposit the particular game platform tokens in order to participate in the game. After the game, a set amount of game platform tokens will be added to the winner's balance.  

  • After staking a fixed number of tokens in the liquidity pool, the player can unlock premium games that offer exclusive prizes, like top rated PC’s, GPU’s, gaming laptops, etc.  

  • All the players deposit their USDT or other tokens in order to participate in the game, the earning consisting of the player pool size. After the game, the pooled amount of USDT will be added to the winner’s balance.  

Additionally, LOE not only to aims to provide interactive & fun games, but also to become a platform, where individual game publishers or communities can publish their games and earn author's fee by profiting from other player's participation fee. A possibility to ''Tokenize Your Game''. 

Value to Synthetix

We would like to add Syntetix as a blockchain to our system. This way any SNX holders can deposit its native tokens in order to ply LOE games. Syntetix community would gain a unique and ready-to-use P2E platform. 

Project Implementation Plan

We have created a roadmap that could be sent if file upload would be possible. But to give a brief overview, this would include:

  • creating collaborations with other gamefi platforms;
  • adding more Singleplayer and Multiplayer games;
  • providing new features and functionality;
  • releasing the LEO token;
  • moving part of the decision making to the DAO ;
  • etc...

Additional Information

Funding Request

LOE team would require additional funding in order to add Syntetix chain to it's system and enable the community to deposit SNX, use it to play the games.

75% of the funds will go towards development  25% of the funds will go towards promotion of the Solana blockchain and it's possibilities. 

If the grant is provided, specific milestones can be set that are agreeable to both sides. 

Off-Chain Vote

Yes
0 SNX-GCT0%
No
3 SNX-GCT100%
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Timeline

Nov 13, 2022Proposal created
Nov 13, 2022Proposal vote started
Nov 20, 2022Proposal vote ended
Oct 26, 2023Proposal updated