Squid Moon — Introduction
$SQM Economy 🌎
Each new game that is launched greatly stimulates the $SQM economy by adding liquidity, burning SQM tokens, and applying buying pressure to the token.
As players deposit BNB to participate in games, their bet is utilized in 3 unique ways to support a strong tokenomics model for the SQM token.
💰 SQM / BNB liquidity pool
Our games are designed to continuously add more liquidity for the SQM token on Pancakeswap.
📈 Buying pressure
After fresh liquidity is added the game buys more tokens from the DEX.
🔥 Burning SQM tokens
Finally the tokens that were purchased are burned.
First Game
$SQM is the utility token of the Squid Moon platform. It will play an integral part in the game and all of Squid Moon games to come.
This competition is very straightforward. You will be required to first place your bet in BNB. Next you will guess if there is an even number or odd number of marbles in the other players hand. Depending on how well you perform you will increase your score to collect a substantial prize at the end of the game. Or you will lose, and collect nothing 🙂
A public leaderboard will keep track of each contestant’s score and rank them from highest to lowest. The top 8% of players will eligible for a payout.
You are allowed to play this game as many times as you would like, until the countdown timer reaches zero.
If you guess correct ✅ — 1) you receive back your initial bet of BNB 2) you are given a reward equal to your bet in BNB in $SQM tokens 3) you score increases and you move up in the ranks in the leaderboard.
If you are wrong ❌ — 1) you lose your bet in BNB 2) your BNB is added to the prize pool 3) your score does not increase.
There is a third possible outcome, with a 10% chance of happening, in this case the player does not have any marbles in their hand. 1) you receive back 50% of your initial bet 2) the other 50% is added to the prize pool. 3) your score does not increase.
Prize Money 💵
The top 8% of players ranked on the leaderboard will receive a substantial reward in $SQM tokens 💵
The exact amount each player will secure is based on the placement on the leaderboard compared to other participants. As an additional bonus the top contenders will be awarded limit edition NFTs as a gift from us to you, for your dedication in our games.
A public leaderboard will be published via our official site on launch.
$SQM is Deflationary
$SQM token has a 1% tax on all transactions, meaning if you send someone 1000 SQM, 10 is burned forever, and the recipient gets 990 SQM. The supply continues to decrease over time, making them more and more valuable.
Team 👨💻
reborn1002
founder
Founder of UniTrade, longstanding DeFi dapp for over 2 years+. Creator of Polar Sync, big data solution with over $5 million in funding.
doomguy92
developer
Pioneer in Defi, highly skilled Solidity smart contract game developer with a true passion for development and creating astounding blockchain dapps.
say10
designer
Creative powerhouse and never-ending source of innovation. Conceives some of the best designs that transforms ideas into stunning, simplistic, and incredible websites.
Mr Squid
mod
Hands down the best moderator in the entire crypto space. Highly experienced, resourceful, knowledgable, and most personable individual you will ever meet.
Commemorative Squid NFTs 🏆
Players participating Squid Moon games and actively engaging with the $SQM token will be rewarded with limited edition commemorative Squid NFTs once the game is concluded. For this first game we will have 5 unique NFT’s, in limited quantities.
👉 First Editor Circle Henchman
Limited quantity of 500. Awarded to the first 500 players in the Squid Moon games. To be eligible your wallet must be one of the first contract interactions once game is started.
👉 First Edition Square Commander
Limited quantity of 666. Awarded to the first 666 buyers of $SQM token on Pancakeswap.
👉 First Edition Square Commander #2
Limited quantity of 666. Awarded to the second set of 666 buyers of $SQM token on Pancakeswap.
👉 First Edition Triangle Authority
Limited quantity of 212. Award requirements still be decided.
(pending final NFT, soon)
Social Links
Twitter https://twitter.com/SquidMoonCoin
Telegram https://t.me/squidmooncoin
Website https://squidmoon.finance/
