Plato Farm One pager

Plato Farm
3 min readDec 30, 2021

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About the Project

Plato Farm is an NFT game that supports the HRC721, HRC1155 and ERC1155 protocols. The player’s task is to grow plants and raise livestock on a small farm in order to earn MARK and PLATO tokens. Currently based on Heco, it will be deployed on other leading public chains such as OEC, BSC, SOL and Flow in the future.

A cumulative of 700k users participated in the public test and the number of average daily active users during the early public beta was up to 15K.

About the Game

The fun of Plato Farm starts with players owning a small farm. In a casual way, players grow (breed) plants and animals and build up a barren land into a beautiful and productive village with tokens and various NFT props. In the city, players can also set up their own gaming guild and earn money while playing!

Economic cycle

Players have a small farm where they can grow plants, breed animals, harvest produce and sell it to buy other NFTprops to turn barren land into a beautiful and productive village or city.

Mining economy

By staking MARK tokens in the in-game bank, users can start PLATO token mining. PLATO tokens can also be staked for PLATO mining.

Social SYSTEM

Plato Farm’s in-game relationships include friends and alliances.

  1. Friends.

Players can choose to be friends with any other player in the game. Friends can interact with each other by exchanging greetings and making transactions. There are also special friend tasks.

2. Alliances

Players can receive rewards by joining alliances, which can help them boost their agricultural output and mining efficiency.

Tokenomics

Plato

Plato is the governance token and one of the most important assets in the game.

Token release

  • Angel round: 5 million. Tokens are locked up for 20 months, and released 5% per month.
  • Institution Investment: 20 million, according to the development of the project, carry on the corresponding financing including Public Sales.
  • Technology development: 20 million and released linearly in 3 years
  • Ecology investment: 10 million and released linearly in 3 years. Ecology investment includes investing in upstream and downstream cooperation projects and companies.
  • DAO governance: 15 million, and used for community development. When players reach level 30 and stake 10000 Plato, they can become members of Congress and enter DAO.
  • Operation: 30 million, and used for market operation, player development and all kinds of Activities

Mark

It is a universal payment token in the game, similar to the currency in the real world.

Currently, MARK tokens have been deployed to the official HECO chain with a total issuance of 1 billion.

  • To obtain MARK: The only way to acquire MARK is by completing tasks (farming, breeding, processing, etc.) The ratio of earning MARK between completing tasks is 2:8.
  • MARK supply: MARK is the in-game currency, the supply of which is closely related to the game’s Gross Domestic Product (GDP). The daily increase or decrease in GDP automatically regulates the supply of MARK. When GDP increases, according to a specific function of F(x), the supply of MARK rises, while GDP decreases according to a specific function of F(x). But the daily upper limit is 10 million.
  • MARK deflationary design:

-NPCs will burn MARK when props are sold.

-Game scenarios for MARK burning: paying tokens as a ransom for being caught stealing vegetables, spending tokens in farm community competitions, etc.

-Use MARK to buy props and seeds, cattle, sheep, pigs, chickens and production materials, etc

Road map

Dec. 2020

Initiate the project

Mar. 2021

Project preparation and design

Sept. 2021

Release the trial version

Oct. 25 2021

Release the beta game guild

Dec. 15 2021

Release the gamma version

Feb.-Mar. 2022

Release the official V1.0 version

May 2022

Release the Adam Smith City Builder Edition

June 2022

Release the official V2.0 with social features incorporated

Nov. 2022

Release Metaverse Economic System SaaS

Mar. 2023

Release the Gagarin Planet Developer Edition

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Plato Farm

A planting NFT management game based on the HECO smart chain.