Greetings.
This is the SKYPlay Team.
Thank you to all global SKYPlayans for your love and interest in SKYPlay.
In the meantime, SKYPlay has tried to provide an easier and more convenient blockchain
ecosystem under the slogan of Easy Play & Easy Blockchain
As the first project, CoinGrid is in a beta service, and through CoinGrid, we have informed
and distributed SKP, the governance token, to countless users.
Under the whitepaper’s allocations policy, we have released 50,000,000 SKP, the lock-up
volume of private participants this week, which will form SKYPlay’s energetic governance
with SKP, which has been distributed as a reward in the meantime.
According to the whitepaper’s allocations policy, we have reached the primary goal of private
sales and ecosystem rewards.
Until now, we have focused on SKP distribution.
But from now on, we are planning to focus on activities to increase the value of SKP.
Therefore, we are trying to realize the following policies with global participants to increase
the value of SKP.
Achievement of the primary goal of SKP distribution according to White paper’s allocations policy.
- A total of 5% (500,000,000) of SKP was allocated to private sales and achieved the primary goal of distribution.
- A total of 35% (3,500,000,000) of SKP was allocated as ecosystem rewards and achieved the primary goal of distribution in CoinGrid.
Policy to increase SKP value
- Weekly ranking reward adjustments
- The contribution rewards have been removed.
✔ We believe that all users, who contributed to the SKP ecosystem although they couldn’t make it to the top rank, are deserved certain rewards.
✔ However, the current rewards for the contribution system don’t meet our intention for its implementation.
✔ We are planning to reward those who contributed to the ecosystem through the improved system in the future.- Weekly ranking CGP rewards have been adjusted by 50%.
✔ CoinGrid’s ranking CGP rewards are designed on a larger scale than any existing P2E rewards.
✔ We are preparing a system to keep enlarging the total reward scale throughout the vitalization of the ecosystem.
✔ This is a part of a policy to provide more rewards by increasing the value of SKP, and we will improve to offer rewards at a greater value.
✔ Accordingly, the ranking CGP rewards from the top 1 to 500 will be reduced by 50%
2. Swap ratio adjustments
- The swap ratio will be changed to 900:1 from 30:1.
- The swap ratio will be subject to each game launched in SKYPlay in the future.
*The SKYPlay team made this decision with constructive and mutual deliberation with the CoinGrid team,
- In the meantime, we have maintained the default swap ratio of 30:1 for sufficient SKP
distribution for more users. We’ve decided to change the swap ratio to match market conditions and trading volumes.
- In the future, the swap ratio will be changed flexibly according to SKP ecosystem conditions, and we will make it public transparently to you in advance.
- The SKYPlay team made this decision in agreement with the CoinGrid team to bring higher value to the SKYPlay and CoinGrid ecosystem in the long run.
3. Security enhancement (SMS certification)
- To increase the security of SKYPlay and protect your assets, we will implement SMS
certification policies on withdrawals.
- All SKYPlay users must register their mobile phone numbers and certify through SMS to withdraw SKP.
- Each mobile number can be used for one account.
- Please refer to the link below for details
https://skp.skyplay.io/SMS_certificationGuide
4. Roadmap in 2023
We promise to further increase the value of SKP through the following roadmap.
We are planning to provide more content so that SKP can be used in various places.- Expansion of token utility ecosystem activities
- Staking service / Game item payment/incineration, etc.
- Community(forum) and service voting (governance)
- Various new eP2E projects
- Enjoyable content for all SKYPLAYAN
- NFT Market place
- Listing in global top exchanges
The SKYPlay team will continue to strive for a better quality of Easy Play & Easy Blockchain service.
In addition, we promise to increase the value of SKP to create a more robust ecosystem.
The SKP distribution is in the first stage, and various services are waiting to be introduced. Until the Easy Play & Easy Blockchain service is completed, please keep supporting us with your interest.
Thank you.
SKYPlay Team