**Backstory ** My Pet Hooligan has in-game points system called “StreetKred”. The AMGI team is in control of what actions earn StreetKred, how much of it is awarded for each action & what factors impact the rate of how fast players accumulate it.
After the latest update of Hooligans & Zuckbots giving StreetKred to holders: the holders are in an advantageous position compared to non-holders in the StreetKred earning each month. **I propose a new reward system based on the My Pet Hooligan StreetKred System to go live for the 2 following months after the month Studio Chain goes live. **
Goals of this proposal:
Details: The in-game StreetKred system is already live, resets monthly and saves the previous month’s final results data. The reward system is based on monthly results of the StreetKred system & on luck. 2 months trial of monthly rewards: With a Total budget of 2 800 000 karrat tokens
Monthly budget: 1 400 000 karrat tokens The reward system tracks the StreetKred system’s end results of the 2 trial months The Monthly Reward System’s process in 3 parts:
Part 1. Top 100 highest ranked players on the monthly StreetKred leaderboard get 500 000 karrat tokens per month split in the following way: 1st place 20 000 2nd place 15 000 3rd place 10 000 top 4-10 get 8500 each top 11-20 get 7000 each top 21-30 get 6000 each top 31-50 get 5000 each top 51-100 get 3310 each
Part 2. 730 000 karrat tokens monthly are used on tiered raffles the following way: 4 raffle tiers unlocked through reaching certain amount of StreetKred in-game: Bronze, Silver, Gold and Diamond
Part 3. 160 000 karrat tokens monthly are sent to a separate moderator multisign to be used to buy My Pet Hooligan NFTs with 75% of the tokens & ZuckBots NFTs with 25% of the tokens.
All Rewards paid within 14days after the monthly raffles.
10 000 karrat tokens monthly reserved for on-chain fees