Everything you need to know about Sproutie

We all know that Sproutie is coming to SnapEx on the SnapLaunch platform on April 18, but what do you need to know about it?

Here, we give the lowdown of the project, the rationale behind it, and the value it brings to the market as a whole.

So, what’s Sproutie in a nutshell?

Sproutie is the world’s first Metaverse NFT based game that encompasses Real World Economics that aims to increase blockchain adoption of non-crypto users and existing crypto users through play to earn mechanics.

Some of the key highlights include the following:

- First Project in Q1 2021 to have 11 Launchpads + 1 IEO

- Time-Limited NFTs and Time Extendable NFTs -Self Sustaining Ecosystem

- Multiple Utilization Channels for tokens

- Revolutionary Twin Dao engine model

The key aim of Sproutie is to offer Sustainability and Scalability through a twin governance structure by offering the following unique selling points.

• Multi-dimensional tokens ($BEAN and $SPROUT) utilities that balances overall demand & supply.

- Ensuring that the ecosystem will be well balanced through Twin Voting Governance Structures.

- Multiple channels that require using both $BEAN and $SPROUT.

- Helps to reduce the selling pressure

• Buybacks and burning of reward tokens.

- The Treasury will allow both Governance Arms to vote on the amount to be burned weekly and the amount to be used to buy back tokens.

• Time-Limited NFTs to avoid oversupply.

- This allows fair play within the entire Sproutie Metaverse where every NFT has a time limit. Just like hiring an employee for your company.

• Time Extendable NFTs through token utility.

- $SPROUT is used to extend the time span of the NFTs

- $BEAN is used to upgrade and acquire more NFTs

• Future NFT lending mechanism to maximize efficiency for holders.

- For speculators, the marketplace is available for people with NFTs to lease out their NFTs for a portion of rewards when a player/scholar utilizes/borrows them.

• Fair trade in the marketplace through bartering.

- Every user will be able to bargain and trade their crops, seeds and even dishes in the marketplace if they do not wish to use $BEAN or $BNB. Just like a traditional marketplace.

• Circular in-game economy.

- Ensuring that players stay within the game and future investors re-invest. Through rewards, auto-swap, and constant scaling.

• Bi-weekly leadership board to share platform revenue.

- Rewarding of the best improvers in game and best performers to instill fairness and maintain a democratic game.

• Upgrading / Levelling of farmers by completing more dishes and utilizing $BEAN tokens.

- Users can utilize $BEAN which is our governance token to upgrade NFTs and acquire additional Farm Lands.

• In-Game Store for additional purchases and add-ons

- Selling rare seeds, items, and machinery for the players that want an edge.

• On-Ramp Mechanism through credit card payment for non-crypto players.

- Non-crypto players, aka without metamask will even be allowed to join the game through credit card payment. This ensures an influx of non-crypto players to enjoy the spoils of Sproutie.

In bullet-point format, you’ve seen the rationale, but what exactly are the pain points and the problems of the blockchain and GameFi industry that Sproutie aims to solve?

• Most games are highly scalable but not sustainable after a few months.
• Not enough utilization streams for both Governance and Reward Tokens.
• Users/Gamers have no incentive to hold the Reward tokens which thereafter causes a sell-off.
• The single Governance Model is often manipulated.
• Endless circulating supply of NFTs which will inevitably lead to a larger amount of reward tokens being minted, which will mean a larger sell off, which will eventually cause the token prices to tank.
• Dictation of NFT prices by projects.
• Gamers only have 1 or 2 roles to choose in the game.
• NFT Gamefi projects are fighting amongst the same crowd of users for a market share.

Sproutie Solution

The above chart depicts Sproutie’s Ecosystem.

• Twin Governance model where NFT holders govern the Marketplace and $BEAN token holders govern the In-game Store. Double decentralization.
• Multiple Utilization Avenues for both $BEAN and $SPROUT tokens.
• Ensured utilization of $SPROUT tokens will inevitably help to maintain price.
• Platform Treasury will allocate funds to buy-back and burn tokens based on what the community votes for.
• Gamers can choose to be farmers, traders at the marketplace or even chefs.

The above chart shows how both Crypto and Non-Crypto Savvy users can join the game. With the credit card on-ramp mechanism, Sproutie aims to target non crypto users to join our game and earn while they play the game.

Target Audience

Investors & Partners

Below are some of the key partners and supporters of the Sproutie project, featuring some of the leading Venture Capital Organizations and Blockchain project in Southeast Asia and beyond.

• Plutus VC
• Mint Ventures
• New Era Capital
• Hinterland
• Rogue Digital Ventures
• Jigsaw Capital
• Quantech
• ABCC Exchange
• Reubiks Capital
• Ekta
• MetaSeer
• Non Fungible Gaming (NFG)
• Vendil Gaming Guild (VGG)
• Unix Game Guild
• EndGame
• Probit Global

Token Utility

$BEAN (Governance Token)

• $BEAN (Governance Token)
• DAO Governance for all in-game mechanics and in-game store
• Leasing of farmers
• Leasing of lands
• Upgrade farmers level for increased passive output
• Base currency for Market Place Trading transactions

$SPROUT (Reward Token)

• Extend the expiry date of farmers
• Extend the expiry date of lands
• Placing of ads and taking the advertised ingredients on Barter Exchange
• Rewards for completing quests (collating various ingredients to cook specific dish)

Social Media

Website: https://sproutie.io/
Twitter: https://twitter.com/sproutienftgame
Telegram: https://t.me/SPROUTIEofficial
Linkedin: https://www.linkedin.com/company/sproutie-nft-game Discord: https://discord.gg/7v3SufbS2c

Overall, Sproutie is a project that offers a lot to the market with an attractive vesting schedule, ample use cases, and a vision predicated on a foundation that has come to fruition.

Want to experience more?

Try the demo today!