Investing in Moxy.io
We are happy to announce our investment in Moxy.io
Introducing Moxy
Moxy is the platform that will power the Proof of Play and Play to Earn revolution. Moxy is the Blockchain’s answer to platforms like Steam, Origin, Epic Games, etc. Play to Earn is the logical evolution of gameplay. Games that produce real world rewards to players are more compelling than games that are played for only the “love of the game.”
PLAY TO EARN IS THE FUTURE OF THE VIDEO GAME INDUSTRY.
In 2021, Play to Earn is the single reason for the success of a number of titles. These games can be described as “blockchain first” and “experience second,” yet they are still widely successful.
Moxy is introducing a new paradigm: Proof of Play. Proof of Play complements Play to Earn and takes it to new heights. Proof of Play and Play to Earn differ in that Proof of Play rewards engagement and loyalty to the ecosystem, whereas Play to Earn rewards skill and success within a single game.
Moxy will bring the best of both worlds together with tangible rewards in a single ecosystem. Moxy will accomplish this without compromising the gaming experience and elevating earned rewards to a new level.
To power this revolution, Moxy Forge allows game developers, studios, and publishers to add Play to Earn and Proof of Play to their existing or future titles. Moxy’s team of industry titans is uniquely positioned to bring Proof of Play and Play to Earn to the entire industry by allowing full integration with both new and existing titles. From the largest publisher to the single product indie studio, Moxy is the engine that will power the Proof of Play and Play to Earn revolution.
The Moxy platform puts games first as Moxy is by gamers, for gamers.
How we built conviction around Moxy.io
The Team: Moxy is led by a brilliant founding team: Amongst them and acting as CKO is the Founder of Atari, Inventor and Father of the Video Game Industry, Founder of Chuck E. Cheese, Developer, Designer, Producer and Visionary behind some of the most Recognizable Game Titles in History, Nolan Bushnell. President of Atari, President of Seeburg + COO THQ, President of Black Pearl Software, COO Stern Pinball and President Sega Europe, Lawrence Siegel, who is the Chairman & President Americas at Moxy. Co-Founder of Microprose Games, Stewart Bell, who serves as the President for EU/UK. Bernard Stolar, who was President of Sega, EVP Sony, President Mattel Interactive, COO Atari, Game Evangelist at Google, who serves as an Advisor for Gaming. Matt deFouw, a Blockchain Visionary with more than 20 years of proven leadership, who serves as CEO. Tony Bickley, an Industry Veteran of 35+ years of Computer Games Experience, who was EU Head Of Gaming at Konami and many more brilliant leaders, artists and crypto-influencers.
The Product: We are big fans of infrastructure projects and Moxy ticks the boxes in every aspect of a great product.
Providing Moxy Forge: a rich API stack to integrate Proof of Play and Play to Earn methods into new and existing games. Moxy provides an In-game Currency Token specific to the needs of running a Video Game Economy.
Per Game/Per Project Unique tokens which are interchangeable with MOX Tokens. MOX Tokens are the only method to obtain in-game tokens.
A compelling and comprehensive NFT ecosystem. MOX Tokens will be the centerpoint of this process. Proof of Play is powered by a unique sub token called PLAY.
Moxy Vault is a proprietary staking methodology that reduces volatility and builds community through long-term commitment. Moxy Vault is powered by a sub token called MV. Users can buy MV by burning MOX. 1 MOX can be converted to 1 MV.
Moxy provides an open platform for independent entertainment developers to have their products reviewed and funded by gamers, not executives. MOX Tokens are the gateway for this process. Direct Funding for projects, with delineated benchmarks via progress payments. Direct Funding facilitated via Treasury Replenishment. This function will be frictionless and transparent through automation.
Treasury sales are facilitated through the Moxy Treasury wallet which captures Treasury replenishment events for subsequent Treasury sales. Marketing, PR, and Customer Engagement assisted by Moxy partners.
Moxy is built on Dapper Labs’ Flow Blockchain to ensure a secure, future-proof, low fee, and developer friendly ecosystem. By working with Dapper Labs, Moxy is harnessing the immense power and future-proof ecosystem provided by Flow.
Because of the importance this single decision would have on future success, the Moxy Team spent a great deal of time researching the current state of the DeFi landscape. Flow was the only solution that met all of the requirements for Moxy. Flow’s rich stack, token mechanics, existing stablecoin, NFT ecosystem, smart contract framework, developer tools, and unbelievable customer support were just a few of the many reasons why Moxy is built on Flow.
Moxy is “By Gamers and for Gamers” and Flow is “By Developers and for Developers”
Flow is extremely easy to develop on, interact with, troubleshoot, and maintain, all while not compromising on feature-set, control, and efficiency.
This makes Flow ideal for gaming related projects. Gaming teams are always “dev-rich” in talent and experience but may not be “blockchain-rich.”
Flow bridges the gap between skill sets and allows for immediate success in integration, development, and overall project lifecycle.
