New Direction of Cyberstella

First of all, we would like to thank you for your support and emphasise that our Cyberstella project is at no risk of discontinuation.

We, Murasaki, have more than plenty of financial resources to continue developing our product and are on course to launch the game in 2023 as initially planned.

While we are implementing measures to maximize the values of the NFTs you have purchased, we would like to announce that we are making specific changes to the product with consideration for the ever-changing market situation.

Three Key Points of This Announcement

1. Change of our product design
2. Deferral of STL(our native token) listing
3. Cyberstella’s future direction

Summary

We will change Cyberstella’s product design and defer the timing of our native token listing. We are moving from a model where a stable rise of token prices is a requisite to a model where initially more focus is on increasing the values of our NFTs.

There will be a more detailed explanation of the product change in the “Future Direction of Cyberstella” section below.

We aim to list our native token in April-May 2023 after we have launched the product. Until we list our native token, $AVAX will be our base currency. After our token listing, users can use both $AVAX and $STL.

Market situation and why we are deferring our token listing

Considering the current cryptocurrency market situation, we have concluded that we should shift Cyberstella’s direction and that our product design should put more focus on the emotional and creative values we can provide for users rather than developing a model that assumes that the token price will stay stable and steadily keep rising.

About GameFi / Play to earn

One of the most significant features of GameFi projects is that users can earn native tokens through gameplay. The key for GameFi projects is issuing and listing their native tokens. It can be said that this is a “token first” approach.

GameFi developers would launch their tokens first, using them as a part of their fundraising methods, and then create a game that adds value to their tokens.

In order for users to be able to “earn” through GameFi projects, GameFi developers would use various means, such as listing it on many different exchange markets and introducing a staking system, to raise the token price.

In this aspect, a GameFi project is a “game that functions as a DeFi interface”.

The current situation of the cryptocurrency market and our previous approach

To make the time gap between token listing and game launch as short as possible, we, Murasaki, raised the necessary fund for game development before making the project public. Our initial plan was to list our native token in January and to launch the product in February 2023.

2022 has been a tough year for the whole cryptocurrency industry. The collapse of FTX and the following incidents have severely impacted the market and user sentiment.

The market situation may improve soon, but at the same time, it may become even worse.

Many of the native tokens that have been listed recently have significantly decreased their values after their IEO/IDO. Some tokens have been targeted for price dumping, and several tokens recorded a 90% decrease in price to their IDO price within a few days, while many other projects cancelled their token listing.

Our Conclusion Regarding Fungible Tokens

We have concluded that listing our native tokens under the current market circumstances risks damaging our product’s value. Furthermore, encouraging our users to purchase our native tokens when it can potentially lead to their financial losses would be against Murasaki’s core values and philosophy. That is something we would like to avoid at all costs.

Considering these factors, and after intensive discussions with exchange markets and our partners, we have decided that it is best to defer the listing of $STL, and establish a product model that is not dependent on token prices.

According to these principles, we will launch our product and build our community first. After a certain amount of in-game token transactions are guaranteed, we will incorporate our native token into the ecosystem.

What Are the Fundamental Values of Cyberstella?

What We Learned Through Our Community Activities

We have realized the importance of organic communities from the beginning, and Cyberstella has always taken community-centred approaches. We have carefully avoided relying on financial benefit-driven approaches such as giveaways.

As a result, the size of our community on social media, such as Telegram, may have been relatively small. Still, because our community members have been so passionate and so engaged with our project, it started to change Murasaki as an organization.

Here are the three core values we can provide to our community members, which we learned through interacting, engaging and communicating with you.

1. Emotional Values attached to the Crews: Our Discord active rate was at a record high of 60% when we held a PFP customization event. Our members became emotionally attached to their avatars. There were dynamic and organic interactions between users based on the stories of their avatars. Many requested that the PFP images which they created be minted as NFTs.
2. Values of Story: When we held our backstory event, out of the 400 Discord members at the time, 150 of them joined. Interactions and engagements on Twitter were also very passionate. This event has become a platform for building our story-creation community.
3. Values of being a part of the official gameplay: In order to respond to our community members’ passion, we have decided to hold events where user-invented names and ideas will be incorporated into the official game settings, such as planets, materials and accessories. Cyberstella is designed in a way that our community members can have an influence on what kind of materials will be included in the game.

Meanwhile, we have been building a system where crew NFTs that our community members own will get to be one of the characters in our Manga series.

What we provide through these activities goes beyond creating the Intellectual Property that is Cyberstella. We believe providing opportunities for users to experience our IP creation process is our core and unique value. These are the reasons why we are proposing a new product design.

Future Direction of Cyberstella

Cyberstella is evolving from a GameFi project to a community-centered IP creation platform.

At the time of game launch, our base currency will be $AVAX, not $STL. No changes regarding our in-game currency $UCC.

Change of Existing Features

Exploration(Adventure)

• Name changed from Exploration to Adventure.
• Through Adventure, users can gain $UCC, scout ticket, and material.
• The concept of Adventure point will be introduced. The more users do Adventures, the more adventure points will be stocked. This effectively counts as voting. Stories of our manga series (and how many pages will be allocated) will be based on these adventure points.

Scout

• The cost of Scouting will be paid in $AVAX.
• In order to preserve the value of our NFTs, there will be significantly less amount of scout tickets circulating.
• There will be no tags. Crews will be revealed right away.
• NFTs gained through Scout will only have simple clothes and equipment at the beginning.

Job — Omitted Market — Omitted

Newly Introduced Features

Store

• Parts for your NFTs can be purchased at Store(Body parts such as eyes, eyebrows, mouth, and hair are not purchasable so that there will be no more than one NFT with exactly the same combination of those parts).
• Purchased parts will be tied to an NFT, not the user(NFT’s metadata will be updated accordingly).

Story(Manga Competition)

• Will be the core feature of Cyberstella
• Users can create stories based on their NFTs, and they can apply to join Manga competitions. The winners’ characters will get to be featured in our Manga series.
• Users can customize their NFT/characters’ profiles and descriptions. Some of them will be incorporated into the game stories.
• There will also be an officialization of user-created characters and stories alongside the Manga series.
• In the future, users will be able to read user-generated stories in-game, and features related to Stories, such as like function, will be introduced.

Rarity Upgrade

• Users can upgrade the rarity of their NFTs using AVAX.
• NFTs of higher rarity have higher levels and ability limits.
• NFTs of higher rarity have more variation of equipable parts

New Ways of Enjoying Cyberstella

1. Enjoy creating: Users can build their own NFTs using different parts. Furthermore, you can also create their stories and backgrounds. There is a chance that such stories will be adopted as a world set in our Manga series. You can enjoy being a part of Cyberstella’s IP creation process with other community members.
2. Enjoy playing: Through Adventure, you gain a scout ticket for minting, $UCC for level-ups, and materials you can use to create accessories. Also, by earning adventure points, you can influence the direction of our Manga series. The gameplay of Cyberstella is fun on its own, but it is also intertwined with our storylines.
3. Enjoy changing: You will be able to upgrade the rarity of your NFT and change its appearance. Furthermore, all the changes you make to your NFT will be reflected in NFT metadata everyone can see in marketplaces. It will also contain information about illustrations and Manga the NFT appears in, which creates additional meaning and value to trading NFTs.

Here is the comparison between our previous and current game models.

Schedule

As initially planned, we are aiming to launch Cyberstella in February 2023. However, due to the changes we have to make to the product, there is no room for test play in the schedule. We sincerely apologize for this change of plan. Currently, our development team are working to implement your ideas into the game, and it will not be long until the game launch. We appreciate your patience.

Instead of test play, we are planning to hold a Christmas event. We will announce more detail in due time.

Q&A

Q: Is Cyberstella still a GameFi project? A: If GameFi is defined as a “game that has a built-in system where users can earn native tokens”, At the time of game launch, Cyberstella will not be a GameFi.

Instead, our project will be an “IP creation platform utilizing characteristics of NFT”. We want our product to be strongly market-situation resilient.

Q: I have joined Cyberstella’s private sales and bought NFTs. How should I interpret this change of direction?

A: While you cannot earn $STL tokens initially, the value of your NFTs is more likely to go up because the circulated number of scout tickets and, subsequently, opportunities to mint new NFTs will be more scarce. In addition, NFTs you bought in the private sale already come with custom parts (NFTs you bought during our private sales will be equipped with parts), while ordinary minted NFTs are plain.

New Roadmap

• 2022/12

Announce a new roadmap and product overview

Christmas event

• 2023/1

Poker event

NFT public sale with tofuNFT

• 2023/2

Launch the first in-house platform Cyberstella.

• Q2 2023

Listing of $STL token (Details TBD)

We really appreciate your passionate and continuous support.

See you very soon in the world of Cyberstella!

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