February 7 AMA Recap
Update on the AMA conducted on February 7 discussing development on forthcoming games, tokenomics, and other details.
Couldn’t make it to the event live? Prefer to watch than read? Check out the AMA recording to see what you missed.
Our first mini-game, Coin Flip, has been completed and will go live within the next week.
Battle of Olympus
Our current priority is creating an alpha that users can enjoy playing. While development will take longer than expected, it is steadily underway and we are making excellent progress. The user interface is being redesigned and improved, the game engine has been altered, and the animations have been upgraded.
Our goal is to build a game that is intricate enough to play competitively as an eSports title such as Tekken. Enigma will soon begin uploading daily updates on Battle of Olympus on our Discord server.
The second part of the second sprint of Project Lazarus is nearing completion. In the coming weeks, we will begin to provide further information on the mechanics of the game.
V2 Token Update
As we continue to move forward with our ongoing rebrand, we are stepping away from the OHM model, without including baseless inflationary APYs.
Please note that the vision we have for our platform takes time and a good amount of care to bring to fruition. However, time and effort are things we are more than willing to commit to building the platform we intend to. We are in the process of compiling community name votes and will be launching a community vote soon.
We also recently delved into tokenomics to create a virtual token with a framework that will function as the starting board for in-game currencies in the future.
As we erase the OHM structure, we will not enable staking although bonding is still under consideration. Furthermore, with a fixed supply of tokens in place, our native currency will be deflationary. The new tax distribution system will allow us to reward holders, increase scarcity, and ensure the project remains viable in the long term.
All of this will help to facilitate sustainable growth and future flexibility, allowing us to provide our loyal and extensive community with much-anticipated benefits such as liquidity pool farming, early access to our titles, and exclusive in-game items, gear, and rewards. These new tokenomics will help us flourish as a decentralized gaming platform, positioning us for explosive growth!