Gooooood Day everyone I hope you’re having a wonderful day I have been progressing in the development of SKIPPY and starting to roll out a number of the phases which will be cross chain on Terra (Luna) Network and Hive Blockchain.
The project has gone through some pretty big changes because I am building it from the ground up taking on community feedback and constantly updating it but it’s direction remains the same which are four phased:
Phase One
SKIPPY will be starting off its life as a young Joey with a basic plan to be the best and most sort after meme token in the world on the Binance Smart Chain. The meme will have reflective capabilities of 6% with 3% going to automatic liquidity and another 3% to the project team to fund business operations and provide financial support to bush fire recovery. It was proposed to have an additional 1% that would reflect to people holding the meme to provide them with more memes, but current regulations may deem this as an investment security so to avoid compliance issues the 1% token reflection has been removed.
Phase Two
Upon successful Initial Token Offering SKIPPIE team will commence legal review and audit and transition to utilise the token in its own ecosystem involving block chain games and Non-Fungible Tokens (NFTs). The website will be upgraded to enable minting of NFTs and facilitation of sale of digital art utilising the SKIPPIE token. Further research will be undertaken to develop a suite of block chain games which will utilise the SKIPPIE token. At this point reflection will be taken off as the business plans on generating profit through sales of games and artwork commission.
Phase Three
A recent Australian senate committee provided a list of recommendations to advance block chain technology, it is anticipated that a key legislation that prevents some aspects of block chain technology and organisational structures will alter. At this stage SKIPPIE will assess the new regulations and if possible, establish an exchange enabling crypto to fiat withdraw in any national currency.
Phase Four
El Salvador recently legalised Bitcoin and developed their own international remittance project called Chivo. However, the project has come under significant scrutiny recently as media reports allege that the nations president’s brother was the developer. Many financial and economic leaders have continued to express concern over the nations venture.
Furthermore, International remittance companies have continued to suffer financial losses to Bitcoin and other alternative coins which have provided a faster, cheaper and more secure way to transfer money across the globe.
This provides an opportunity for a trusted and reputable Block Chain Company to implement an International Remittance scheme utilising block chain technology and one SKIPPIE will be exploring if possible and legal.
Skippy is operated by a company I created to meet regulations called SKIP-PIE which you can read the Skippy business plan HERE. At current you can purchase Skippy as swap.skp on Hive Engine mainly because I can do Over The Counter sales on Hive Engine without providing liquidity.
There is a small pool available on Binance Smart Chain which I recently switched the pairing from BNB to UST as we are migrating the game and features to be available on Terra (Luna) Network and Hive Blog. There is only $UST500 at current and there is a reflection on that pool.
I do have some exciting news as I have bridged the token to Terra (LUNA) Network and have some sitting in my wallet so if anyone is interested in purchasing some Over The Counter (OtC) it is currently trading at 0.017 UST. For those on Hive you can purchase SWAP.SKP straight from Hive Engine.
If you are thinking of purchasing this is a slow build project as my primary blockchain role is decentralised reporting and I have a full time job and two kids in real life.
But Lets Talks Forza De Web3 Game
Currently I am developing a racing car game that will utilise Terrand which is a random number generator created by LoTerra. You will need Skippy token to enter the race and an NFT character which, at the start all stats and cars will be equal and a random number will be pulled using Terrand to select the winner.
Do Kwon is a character and there is a special LUNATIC character as well as two LGBTIQ+ Characters including Male and Female Characters, A blockchain first.
However, as the game progresses you will be able to increase your odds a number of ways by owning all four of an NFT set and by upgrading your character with NFT boosters and parts which will be released later on.
The winner will receive 50% of the total buy in fee which we will run multiple teirs and as the game progresses and LP built for the native token SKIPPY which will also be a governance token that prize pool will increase to 90% to the winner 10% to the house for continued development.
Races will only run with 2 or more cars which will enable players to play head to head against each other. In the future you will also be able to play against each other for your characters and other blockchain smart contracts like Bitcoin, ETH. Luna or maybe even a bored ape.
Players will submit them in an escrow account and then battle it out, may the most suped up car win!
Purchasing the NFTs wont be as easy as buying a whole set. To enable fair trade, build a Forza De Web3 market Curio’s random purchase will be turned on so you will never know what character you will land on. You are free to buy and sell and trade with others (or win them in head to head races).
Airdrops? oh well yes there is!!!!. I am putting aside 10 random NFT Characters that will be airdropped to people who own a minimum of 1000 SKIPPY tokens. Which you can purchase of Hive Engine and bridge them through BSC to Terra (LUNA) Network or just get in touch with me and I can Over The Counter sell them to you.
To help support the team at LoTerra I have applied to launch these NFT characters on Curio which is also created by LoTerra. Their Terrand random number generator is widely used for FREE on Terra (Luna) Network so launching on Curio means we can help them by giving back through the fees they will earn from selling the NFTs.
Going forward there will be two versions of the game one built on Terra (LUNA) Network the other on Hive Blog and the reason for this is because Hive does not have compatability with Luna so we can not directly link in. It just isn’t built that way. But it is a great blockchain nonetheless with significant investment growing daily.
Bridging Hive and Terra together will be beneficial in my opinion.
I do have plans to develop the game into a full blown PvP game that you can physically drive your car from your desktop but that is for in the future when we can join Terra’s Metaverse.
HAPPY RACING!
If you have any suggestions or comments please let me know and I will get back to you as soon as possible.
Thank you all and race soon
