Foreword
As the cryptocurrency market grows, many real world scenarios are being combined with blockchain, NFT avatars, prophecy machines and other areas are taking off. BO Paradise - 1$Culture is a project that aims at the long term development of Web3, using game theory as the underlying technology logic, and is ready to realize the dream of blockchain changing the world.
Project Description
BO Paradise - 1$Culture is a Web3 public chain infrastructure with game theory at its core. The project aims to develop an open smart contract protocol based on blockchain technology to build an integrated and interoperable Web3 infrastructure under game theory, forming a unified infrastructure to serve the Web network. The mission of the infrastructure is to use Web3 as a breakthrough to empower future decentralized applications such as gaming, digital artwork, finance, and social, and to realize the organic combination and practical implementation of blockchain and real-life scenarios.
In the protocol layer, it is compatible with multiple protocols of multiple chains through the array protocol matrix to reduce the development and issuance threshold. As an intermediate key module between the settlement layer and the application layer, cross-chain conversion of metadata can be performed in a timely manner through game theory. It also creates a unified liquid, heterogeneous cross-chain infrastructure.
In the application layer, the application layer, implemented in the Rust programming language, is designed to be secure and easy to use. Developers can create digital applications quickly and efficiently, with ownership tracked by the language itself, allowing for quick deployment of applications. It has an ergonomic syntax and is very easy to read. It uses a robust static type system to minimise runtime errors. As a result its applications are very easy to audit and more efficient than any other blockchain programming language currently available.
At the data layer, it supports automatic encryption of user data and free choice of storage network based on user choice. As Filecoin is more suitable for cold storage scenarios and Arweave for storing high value density permanent data, BO Paradise - 1$Culture sends the stored content to different storage networks depending on the needs of the NFT holder or creator. In the future BO Paradise - 1$Culture will support the linking of all storage protocol silos.
In the settlement layer, a fully self-developed public chain and EVM-compatible ensures that BO Paradise - $1$Culture is positioned in the settlement layer. As a core GAS resource and a game theory play for applications, it will provide a great incentive for users to participate in ecological construction and scenario expansion.
Economic model
BO Paradise - 1$Culture uses a dual token model. The token names are MR and ER respectively.
MR has a total token offering of 20 million tokens with the following details: the platform token is priced at $1; and a commitment to destroy 50% by Q3, reducing the total number of MR tokens to 10 million.
ER has a total offering of 61 million tokens, priced at $1 per token, and a commitment to destroy 1 million tokens for every doubling of the value of the coin. Within the platform, ERs can only be sold and are not supported for purchase.
MR's block rewards are divided into four main parts: mining rewards, node rewards, internal ecological incentives and ecological cooperation incentives.
The mining reward is earned by miners through mining, the node reward will be allocated to eligible token pledgers according to the rules, the internal eco-incentive will be continuously allocated to different eco-contributors according to the ecological development needs at different stages of the network, and the eco-cooperation incentive is reserved for cooperative contributors who contribute to the development of the whole NFT, storage ecology and Web3.
The proportion of each component of the mining incentive will have different initial values at different stages of the network development, and will be adjusted by nodes and DAOs after each stage has stabilised, based on actual conditions and community wishes. In addition, during the first two phases of the network, when certain mechanisms are not yet active, a certain percentage of the corresponding rewards may be burned, and the remainder will be allocated to other components that will help to bring these mechanisms to maturity. This burn percentage will be gradually reduced as the mechanisms approach go live, and a reasonable value will be given by community vote and discussion.
How to play
1. Both Money Resort (BSC) (TRC) chains can participate.
2. For each round of spending, the lucky player who is not selected will be given 1/1 of the MR (platform coins) for how much spending they participate in. (This round only).
3. At the end of each round of participation, the consumption of the lucky player who is selected will not be counted (the consumption performance of this round will be cleared) and there will be no MR of platform coins to collect.
4. Promoter incentive one-time reward, divided into valid and invalid accounts; valid account spending reaches 100u before you can participate in pledge mining.
5. Users can participate in BNB matrix pool, BSC chain USDT matrix pool, TRC20USDT matrix pool, TRX matrix pool, BSC chain BTCB matrix pool.
Roadmap
a. Q1 quarter to improve the overall business promotion, i.e. Europe, America, Middle East, Eastern Europe, Southeast Asia, Asia Pacific synchronous online business promotion, i.e. domestic and foreign well-known media synchronous promotion.
b.Q2 end quarter to complete the completion of the NFT of the main theme of the BoT 3D game on OPensea, i.e. the Coinan NFT trading board online.
c.Q3 quarterly completion of the launch of mainstream i.e. second tier exchange Coinan i.e. Matcha Tiger Talisman.
d. Q4 quarterly completion of role-playing i.e. sports competition decentralized online guessing game on line.
Conclusion
Game theory is developing slowly and with great potential compared to other competitive and well-developed fields. New projects have a better chance of taking their place in this field. The huge market for traditional game theory is almost a sign of the great future of BO Paradise - 1$Culture.