Prospectors Token Sale: A gold rush era supply chain strategy game built around an ERC20 token - Smith + Crown

Prospectors Token Sale: A gold rush era supply chain strategy game built around an ERC20 token

Prospectors will be a real-time massive multiplayer online economic strategy game based on an Ethereum ERC20 token called ‘Gold’.

Project Description

Prospectors will be a real-time massive multiplayer online economic strategy game based on an Ethereum ERC20 token called ‘Gold’. In Prospectors, players start out with a plot of land and a few workers. They can use their land to collect natural resources (gold, wood, stone, iron ore, coal, and water), process raw materials into commodities, or manufacture commercial products. The crypto-token, Gold, is the unit of exchange within the game which every other in-game asset (including labor hours) can be valued in. Players start out with a limited amount of gold and can earn more through mining or engaging in other profitable activities. Gold will be exchangeable for Ether and other cryptocurrencies.

The supply chain in prospectors is nuanced and complicated: players will find that they need to cooperate with each other in order to make a profit. To facilitate cooperation, the game supports the creation of organizations. Organization leaders will be able to coordinate labor and resource allocation and facilitate trade deals between different producers.

The object of the token sale is Prospectors Gold (PGL), which grant its holder voting rights in the Prospectors governance DAO as well as a portion of profits earned in the form of Gold. The Prospectors DAO plays two roles:

  • A position in The State: The State is the in-game governing entity that controls the Prospectors internal economy and collects taxes in the form of Gold. The State will vote on in-game protocols such as land rents.
  • A vote in the Prospectors DAO: The DAO will decide how to distribute Gold to PGL holders and settle questions regarding future game development.

Project Details

Incorporation status: Not Incorporated
Team openness: Team bios. No links to external profiles.
Blockchain Developer: Andriy Maslievich
Technical White Paper:       No
Available Project Code: No
Prototype: No

Token Details

Role of token: Profit-sharing and voting rights
Token supply: 110 Million
Distributed in ICO:       60 Million
Emission rate: No new coins created
Blockchain: Ethereum

Sale Details

Sale period: August 10th to September 10th 2017
First price: 1 ETH:2500 PGL
Accepted currencies: ETH
Investment Round: First public offering
Token distribution date:       Unclear
Min investment goal: 2000 ETH
Max investment cap: 29000 ETH
How are funds held: Smart contract
Mainnet release date: Quarter two 2018
Bonus schedule: 20% discount on first 10 million tokens

Official Resources