The BIG WSG Revamp

Subjects:

1. Multiplayer and Gold — Elevating the Gaming Experience
2. The New Token on Arbitrum L2
3. Transition for the current WSG Token Holders
4. Website Revamp & Platform Changes: A Fresh Look with Enhanced Features
5. Telegram Revamp & Team Change Details: Streamlining Communication and Refreshing Our Team

Introduction: Multiplayer and Gold — Elevating the Gaming Experience

Exciting New Features: Multiplayer and Gold

We’re thrilled to announce two major additions to our gaming hub: Multiplayer functionality and a new in-game currency, Gold. These features are set to revolutionize the way you play and interact within our gaming ecosystem.

Multiplayer: Connect and Compete

• Create and Join Lobbies: Players can now create lobbies, setting the stakes with Gold and choosing the game to be played. Each lobby displays the creator’s name for easy identification.
• Wager and Win: Join a lobby, review the details, and decide whether to accept the challenge. Winning means claiming your opponent’s Gold!
• Privacy Options: For private matches, players can set a password, ensuring games are with friends or selected opponents.

Gold: The Thrill of the Wager

• Gold introduces a new layer of excitement to our games. Use Gold to challenge other players, with the winner taking the pot. This dynamic currency adds a competitive edge to every duel.

Application Updates: Enhancing User Experience

1. “The Key” to “Treasure”: We’ve revamped “The Key” section. Now called “Treasure,” players can open chests to find Gold or NFT collectibles.
2. Leaderboard Evolution: The leaderboard now ranks players based on “Gold & Gold Earned,” adding a new competitive dimension.
3. Inventory and Skins Transform: The Inventory and Skins sections have been removed.
4. Revitalized Account Section: The Account section now includes the Key chance dialog from the former “The Key” section, displaying key amounts and available hearts. Additionally, players can purchase hearts using Gold.

These updates are designed to enhance your gaming experience, making it more interactive, competitive, and rewarding. Stay tuned for more details in the following sections.

Date of expected release: February 2024

Introducing the New Token on Arbitrum L2

Transition to Arbitrum L2: A New Era for WSG

We’re excited to announce that WSG is transitioning to the Arbitrum L2 chain, marking a significant step forward in our journey. This transition comes with the introduction of a new token, designed to leverage the benefits of the Arbitrum L2’s enhanced efficiency and scalability.

Tokenomics: Building a Balanced Ecosystem

• Total Supply: The new token has a total supply of 500 million.
• Airdrop to WSG Holders: 15% of the supply is allocated for an airdrop to existing WSG holders that will send their holdings to a specific address posted, with 20% released immediately and the remainder vested over 6 months starting on March 20th & locked pool stakers who will receive their tokens into a new locked pool with a maximum of 3 months locking period.
• Additional Airdrops: 5% of the supply is reserved for future airdrops.
• Liquidity: 15% is dedicated to ensuring liquidity.
• Rewards & Staking: 20% is allocated for rewards and staking incentives.
• Marketing: 20% will fuel our marketing efforts.
• Team and Future Development: 10% is reserved for the team and future development initiatives.
• Advisors: 5% is allocated to advisors.
• OTCs: 10% is set aside for over-the-counter deals after the release of the new token.

Tax Structure: Ensuring Sustainable Growth

• 1% Buy and Sell Tax: Transactions with the token on the Arbitrum chain will incur a 1% tax on both buying and selling.
• Tax Allocation: The collected taxes will be distributed as follows:
• 75% Treasury, Marketing & Team: A major portion of the tax will support the treasury, marketing efforts, and team development.
• 25% Burn: A quarter of the tax will be permanently removed from circulation, aiding in controlling the token’s supply and value.

This new token and its economic model are designed to foster a robust and sustainable ecosystem, benefiting all stakeholders in our community. The transition to Arbitrum L2 chain not only enhances our platform’s performance but also aligns with our long-term vision for growth and innovation.

Date of expected release: February 2024

What the Transition Means for Current WSG Token Holders

A New Beginning: Transitioning to the New Token

As we embrace the new token on the Arbitrum L2 chain, it’s crucial to address what this means for our current WSG token holders. We’ve outlined a comprehensive plan to ensure a smooth transition for our loyal community.

Airdrop Allocation for Old Token Holders

• 15% Airdrop: Current WSG token holders that will send their holdings to a specific address posted, are eligible for an airdrop, constituting 15% of the new token’s total supply.
• Pricing: The airdrop will be based on the approximate value of the old WSG token before the snapshot.
• Immediate Release and Vesting: 20% of the airdropped tokens will be available immediately at the token generation event, with the remaining balance vested linearly over 6 months, starting on the 20th of March.

Snapshot and Eligibility

• Snapshot Timing: The snapshot of WSG holdings will be taken after the deadline for sending tokens to a designated wallet.
• Eligibility Criteria: Eligible participants include:
• Holders with WSG tokens staked in the locked pool.
• Holders who send their WSG tokens to the specified address by the deadline.
• Holders that have their tokens on the MEXC centralized exchange

Staking Pool Transition

• New Pool Locking: Tokens currently in the locked staking pool will be transitioned to a new pool on the Arbitrum L2 chain.
• Locking Period: The maximum locking period in the new pool will be 3 months. However, if the existing locking period is less than 3 months, it will be adjusted accordingly.

This transition plan is designed to honor the commitment of our existing token holders while paving the way for the new token’s integration into the Arbitrum L2 ecosystem. We believe this approach balances fairness and growth, ensuring a seamless shift for our community.

Date of expected release: February 2024

Website Revamp & Platform Changes: A Fresh Look with Enhanced Features

Embracing a New Era: Website and UX Overhaul

We’re excited to unveil a revamped website with a sleek new look and an improved user experience. This redesign is more than just aesthetic; it’s about making our platform more intuitive and user-friendly. Alongside the website overhaul, we’re introducing several key features and changes to the platform.

New Features and Enhancements

• Gold and WSG Exchange: Gold, our new in-game currency, can now be exchanged for WSG on our platform, and vice versa.
• Chest Integration: The chest feature is now integrated directly into the application.
• Staking Updates:

1. New WSG locked pool and WSG/ETH liquidity pool, both yielding WSG rewards.
2. Rank cards and associated staking continue with new NFTs on Arbitrum. Snapshot of current balances for transition.
3. All other staking formats are deprecated.

• Game Activations: All game activations are now purchasable exclusively with Gold.
• Inventory Redesign: A refreshed and more engaging inventory interface.
• Album Collections and Monthly Rewards: Collect cards and enter monthly raffles for WSG token rewards.
• Vote Section Revamp: The voting section is being revamped, with new WSG tokens as voting power.
• Updated Documentation: Comprehensive revamp of the docs page to reflect all changes.

Features Being Phased Out

1. Skins: In-game skin staking is being removed.
2. Referrals: The referral program is temporarily suspended.
3. Chinese Language Support: We are discontinuing support for the Chinese language.

These changes are part of our commitment to continually evolve and improve our platform, ensuring it remains at the forefront of gaming and blockchain technology. We believe these updates will enhance your experience and open up new possibilities within our ecosystem.

Date of expected release: February 2024

Telegram Revamp & Team Change Details: Streamlining Communication and Refreshing Our Team

Revitalizing Our Telegram Presence

As part of our ongoing efforts to enhance our community engagement and streamline communication, we’re excited to announce significant changes to our Telegram presence.

New Look and Bot Integration

• Aesthetic Overhaul: Our Telegram group is getting a fresh, new look to match our evolving brand identity.
• New Bot: We’re introducing a new bot to replace our current one, aiming to increase our traction on the Arbitrum chain.

Group Consolidation

• Single Group Focus: We are consolidating our Telegram groups into one primary English group, along with a linked news channel. This change is designed to centralize information and foster a more unified community.
• Evaluating Additional Groups: While we start with an English group, we’re open to the idea of creating groups for other languages, like Turkish, based on community interest and demand.

Team Changes: A New Chapter

• Team Refresh: Our team is undergoing a significant refresh. From the original team, only PowerShell remains active and is appointed CEO.
• Advisory Shift: Some team members are transitioning to advisory roles, as they are unable to continue with the project due to past decisions that didn’t align with the project’s best interests.
• Welcoming New Faces: This change brings fresh perspectives and new challenges, as we welcome new talents to our team.

These changes to our Telegram group and team composition are part of our commitment to adapt and grow. We believe that these updates will not only improve our communication channels but also bring in new ideas and energy to propel our project forward.

Date of expected release: February 2024

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