Community Update: How does the MySharpeiGotchi future looks like?
Hello MySharpeiGotchi community,
MySharpeiGotchi is almost one year old. 🥳
It has been a year with highs and lows both on professional and personal level for the MySharpeiGotchi team. We suffered an exploit, we recently had to deal with some family losses that took our attention away from the project and the market is not in our favor. For that reason we have been looking out for technical and financial support to boost the project to new highs. After the fair launch of MySharpeiGotchi we came in contact with MoonLift Capital that provided us with technical support. We are excited to announce MoonLift Capital as our latest shareholder and partner. MoonLift Capital was supportive since day one but that slowly faded away due to our own lack of communication and updates so we believe that this partnership will kickstart the process and get us ready for the next bull market.
How will MoonLift help and what did they get?
MoonLift Capital is a trusted organization on BNBChain with an excessive network. MoonLift Capital didn't ask for any tokens but will benefit from future revenue streams when the Mobile Application is released. We are aware that the full execution and responsibilities are within the MySharpeiGotchi team, MoonLift Capital demanded full transparency as part of the agreement:
1. We will update our communities with Technical Development Updates.
2. $MSPG staking will go live on MoonLift DEX.
3. $MLTPX usecases build into the MySharpeiGotchi application.
4. $MSPG benefits for all MLTPX holders.
5. MoonLift Capital will receive 25% of all future profits generated in stablecoins.
Last but not least, what will we receive in return:
- Technical support
- Marketing support
- MoonLift Capital will open their network for MySharpeiGotchi
- Access to builders, developers and centralised exchanges
For that reason, we are very excited to show you our next steps on the MySharpeiGotchi path. We will provide you an in-depth explanation on both $SHARPEI and $PUPPY tokens, staking, the NFTs and the P2E development.
The $SHARPEI and $PUPPY token swap:
Last summer we suffered an exploit on the $PUPPY deployer address which gave the hacker access to the $PUPPY treassury and liquidity. We toke immediate action but it was clear this was a hard pill to swallow for the entire team. Don’t forget that MySharpeiGotchi is still 100% fully funded by the team and we had no token sale like 99% of the projects in the crypto space. The financial loss was taken by the team.
Since the $PUPPY and $SHARPEI deployer address are the same, we can’t take any risk so a token swap for both tokens is the only solution.
How? Both $SHARPEI and $PUPPY will be swapped to $MSPG. Wait? One token? YES!
After several discussions with the team we decided to go back to one token system. Why? Maintaining a token on centralized and/or decentralised exchanges is intensive, difficult and expensive. With $MSPG as the only token in the MySharpeiGotchi ecosystem we can focus on centralised exchanges, provide bigger liquidity on any DEX and give bigger returns on staking.
The $MSPG token will have a total supply of 200,000,000 tokens. The supply will be lower and scarcer which will create more demand in our upcoming features.
SWAP DETAILS FOR $PUPPY AND $SHARPEI HOLDERS:
$PUPPY TOTAL SUPPLY: 1,000,000,000 PUPPY
All $PUPPY tokens will be manually swapped to $MSPG on a 10/1 ratio. How? Send your $PUPPY to the following address: 0x5A154e5f91b7bc4c1aeE0bb08b417F124DE603EF. You will receive your $MSPG in the wallet you made the contribution with within 7 working days. We will track all wallets and the hackers wallet will be excluded from the swap.
1,000,000,000 $PUPPY /10 = 100,000,000 $MSPG
$SHARPEI TOTAL SUPPLY: 100,000,000,000 SHARPEI
All $SHARPEI tokens will be manually swapped to $MSPG on a 1000/1 ratio. How? Send your $SHARPEI to the following address: 0xB237b99bbee5678317Efa2B62f9B824975BeA909 . You will receive your $MSPG in the wallet you made the contribution with within 7 working days. We will track all wallets and the hackers wallet will be excluded from the swap.
100,000,000,000 $SHARPEI /1000 = 100,000,000 $MSPG
This makes a cicrulating supply of 150,000,000 MSPG. We decided to launch $MSPG at 0,003$. This brings $MSPG at a marketcap of $450,000.
Is the community losing money on the the token swap? Let’s calculate together:
Imagine Kevin holds 2,000,000,000 SHARPEI and 3,000,000 PUPPY. The total value of his wallet today is:
SHARPEI: $6500
PUPPY: 79,92$
Kevin will receive 2,300,000 MSPG in the swap x 0,003$ = 6900$.
We have set a 2 week timeline to complete the swap. In 2 weeks we will recover the liquidity on the SHARPEI pair on PancakeSwap. The liquidity will go to $MSPG, being locked and burned for ever.
We will update CoinMarketCap and CoinGecko from the moment $MSPG is tradable.
MSPG TOKEN CONTRACT ADDRESS: 0x333CE642925e1D744872bd41EA8716fCFDBB1382
The MySharpeiGotchi Staking Platform
The $MSPG staking will replace both SHARPEI and PUPPY and remain active. As compensation for the token swap and trouble, we will make sure that the APY rewards are worth the wait.
The staking platform will remain active on the MySharpeiGotchi website, we will add more staking options on the MoonLift DEX and made a partnership with BabyDoge to provide farming/staking options on the BabyDoge platform. Both new staking options will bring more eyes to MySharpeiGotchi and $MSPG. 🚀
The MySharpeiGotchi NFTs
The Sharpei NFTs:
- Everyone holding a Sharpei NFT will get early access to the P2E application for testing purposes.
- Everyone holding a Sharpei NFT will receive a free MySharpeiGotchi land NFT
- The MySharpeiGotchi land NFTs will go live on NFTKey and be minted on Rareboard in the coming weeks/month depending on the market sentiment and situation.
- The MySharpeiGotchi land NFTs are sold for 0.25BNB, the raised funds will go to development, marketing and liquidity on both CEX and DEX.
More information about the NFTs in the coming weeks.
P2E Mobile App Development
The mobile app development never stopped. We are working on the mobile app designs and in-game tokenomics. Although the market is not in our favor, we keep pushing. For that reason we hired new people to maintain our official Twitter page with regular updates and will setup a Discord for whitelisting, discussions, NFTs, etc.
We thank you for your patience and your support.
The MySharpeiGotchi Team,
