Announcing SpeedCORE: A Rapid-Fire Token Game that Rewards Both Strong Hands and Short Term Flippers

Sino
4 min readNov 12, 2020

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👾 What is SpeedCore?

SpeedCore is a project rooted in game theory, offering all players an equal chance to win real prizes in USDT.

The game is simple: $sCORE is an ERC-20 token that is freely trade-able on Uniswap. After a defined trading period, a snapshot of all $sCORE holders is taken and prizes are distributed to the top holders.

The twist? In order to win, you cannot sell.

That’s right. If you want to qualify for a prize, you may not sell or transfer any $sCORE tokens during the trading period. You can freely buy more tokens at any time, but once you sell or transfer, you’re out of the game.

This novel gaming aspect functions as a source of sustained purchasing pressure for $sCORE throughout the trading period.

All of these elements contribute to $sCORE’s main ambition — to create a fun and trusted ecosystem that rewards those who play to win.

👻 Reflecting on DegenCore

$sCORE was initially trialed under the project name, DegenCore (dCORE), which successfully launched on 5 November 2020.

Players sent between 0.25–0.5 ETH to a bounce presale. Once the bounce presale reached the hard cap of 20 ETH, players received dCORE tokens automatically into their wallets.

The buy in price was $0.5 per dCORE. Next, 8 ETH of liquidity was added to the dCORE-ETH pool on Uniswap, and the game began.

After a 24 hour trading period, a prize pool of $4,000 USDT was distributed to the top 3 holders.

Much was learned from that launch — and we are now excited to bring you the new and improved SpeedCore.

🤯 SpeedCore: Bigger and Better.

More Prizes including a lottery for non-top 3 holders

We have upped the ante this time round — with a 30 ETH max raise, players will now battle for the following prizes:

  • The top sCORE holder receives up to $2,750 USDT
  • 2nd top sCORE holder receives up to $1,500 USDT
  • 3rd top sCORE holder receives up to $1,000 USDT

In addition, all qualifying wallets (i.e. with no sales/transfers during the game period) holding 50 $sCORE at the end of the trading window will be entered into a lottery draw for up to three prizes worth $500 USDT each.

The best bit? The top three holders are excluded from the lottery draw (sorry, whales).

Bigger launch — more hype.

$sCORE will not begin until 100 players have joined the official telegram group. This is, after all, ultimately about having fun.

In addition, the presale and prizes will be scaled up to 30 ETH in accordance with the increased prize draw outlined above.

Faster game — two hour window

The 24 hour trading window was a tad long, particularly considering the short attention span of your average degen.

As such, $sCORE will run with a trading window of two hours.

🧠 Rules:

So, a quick refresher of the rules before we finish up:

1. If you want to qualify for a prize, you may not sell or transfer any $sCORE tokens during the game window. You can freely buy more tokens at any time, but once you sell or transfer, you’re out of the game. This is designed to create more buy pressure for dCORE.

2. You may only participate in the presale from one wallet. This is to give everyone a fair chance and to prevent whales gaining an unfair early advantage. Anyone who buys from multiple wallets and transfers tokens will be disqualified from winning prizes (as with any other transfer — as outlined above).

3. Out of the 30 ETH raised, 15 ETH will go to the prize pool, 12 ETH will be added to liquidity and 3 ETH will be used for marketing and development fees. This is assuming the hardcap of 30ETH is hit. If not, everything will be scaled accordingly.

4. Liquidity is removed at the end of the game period, right before the snapshot of holders and lottery drawing. Players need to make their decision as to whether to hold for their shot at a prize, or sell back to the pool (you can’t have your cake and eat it!)

🧠 Tactics:

• The flipper- The listing price on Uniswap will be slightly higher than the presale price. So you can choose to flip your $sCORE for a quick profit if you’d like.

• The holder- Or, you can choose to accumulate $sCORE for a chance to win one of the top prizes. However, always remember that if you sell or transfer any amount of $sCORE out of your wallet during the accumulation period, you won’t be eligible for a prize.

• The dreamer- Finally, you can elect to place your fate in the random number generator, accumulating enough $sCORE for your lottery entry and holding to the bitter end.

Will you choose to sell your $sCORE for a profit as others are buying to accumulate?

Will you wait for the price to go down and start accumulating? Will you try to bully everyone by buying early and often to stay the top holder? Or, will you do nothing and pray for a stroke of lottery luck? The choice is yours.

🤓 $sCORE Tokenomics

  • Presale price: $4.50
  • Listing price: $5.00
  • Presale hard cap: 30 ETH
  • Total max supply: 4,100 $sCORE
  • Max TX limit: 100 $sCORE

👽 $sCORE Resources

  • Telegram: https://t.me/sinofinance
  • Etherscan contract: 0x36d34f27c6c0c584e4130c3d942bd8fc7f5852cf
  • Official contribution address (30 ETH hardcap): 0x73bB2d35FD0eB23cE2744737c0ae41d0fD125F2B

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