High Seas Pirates is an innovative GameFi platform combining decentralized finance (DeFi) and non-fungible tokens (NFTs) to create an immersive gaming experience. They are a community-driven project utilizing a unique tokenomics system and the Forever Appreciating Stable Token (F.A.S.T) to reward players for their engagement and enjoyment.
By blending finance and games, High Seas Pirates aims to unite the DeFi community through its decentralized GameFi platform.
Lords of Libertalia Genesis NFTs
The Lords of Libertalia Genesis NFTs serve as the foundation of the High Seas Pirates GameFi Ecosystem. These NFTs contribute to the development of the initial release of the High Seas Ecosystem and offer numerous benefits to their holders. By purchasing the Lords of Libertalia NFTs, holders support the project and gain access to various giveaway opportunities, real-world treasure hunts, exclusive events, and early access to future products. Additionally, holders of these NFTs have governance abilities, enabling them to influence the project’s direction and future releases.
All contributions made by purchasing Lords of Libertalia NFTs directly support the development of the High Seas Ecosystem. These contributions cover essential aspects such as team salaries, freelance labor, giveaways, and the procurement of necessary services, software, and hardware outlined in the project’s roadmap. By acquiring Genesis NFTs, contributors actively participate in building the High Seas Pirates GameFi platform.
Genesis Holder Benefits
Holders of the Lords of Libertalia Genesis NFTs enjoy a wide range of benefits within the High Seas Pirates ecosystem. These benefits include governance privileges, early access to the platform and future updates, free gameplay NFTs, exclusive boosts and perks to enhance earning potential, and invitations to unique real-world events.
Additionally, holders can participate in giveaways, including treasure hunts and the chance to win valuable prizes. The Lords of Libertalia Genesis NFTs offer aesthetic value and tangible advantages for the holders.
Doing Things Differently – The Blacklist
High Seas Pirates introduces an exclusive feature called “The Blacklist” to foster a strong community within the ecosystem. The Blacklist provides enthusiasts with early access to the Genesis NFT collection, “The Lords of Libertalia.” Interested individuals can apply to be a part of The Blacklist, and a limited number of applicants will be selected to participate in the pre-sale mint of the Lords of Libertalia NFTs. This initiative is in partnership with Dust Labs, renowned creators of popular NFT collections.
Piece Of Eight ($PO8) – The Forever Appreciating Stable Token
Piece Of Eight ($PO8) serves as the digital currency within the High Seas Pirates ecosystem. As a Forever Appreciating Stable Token, $PO8 offers unique tokenomics designed to reward long-term holding. The token’s value appreciates over time due to its backing asset, USDC on the Polygon Blockchain.
Piece Of Eight can be earned through in-game activities and purchased through the $PO8 Smart Contract SWPL system. It provides players with access to in-game assets, Coffer Crates, bounty rewards, and other valuable items that enhance the gaming experience.
F.A.S.T Rewards
Piece Of Eight ($PO8) utilizes a built-in contract exchange system called Swap-Pair Liquidity (SWPL). This system eliminates the need for a traditional liquidity pool, ensuring decentralization. The price action algorithm, known as Price Fee Ratio (PFR), maintains a consistent increase in token value relative to the backing asset. Token transactions, including buys, sells, and transfers, trigger different price actions, resulting in a sustainable rise in value. The SWPL system enhances security, return on investment, and overall functionality within the ecosystem.
Bootynomics – Project Tokenomics
The High Seas Pirates ecosystem allocates various fees to fund its operations and reward the community. Fleet claim reward fees, adventure tip sales, and coffer crate fees are distributed to support fleet rewards, yield farming, marketing, operation costs, bounties, and charity efforts. The allocation percentages may be subject to change during development, with any modifications proposed and decided upon through governance. High Seas Pirates emphasizes transparency and fairness in all its bootynomics.
Gamification as a Service (G.a.a.S)
High Seas Pirates leverages the concept of gamification to enhance the gaming experience. The platform allows players to earn Piece of Eight ($PO8) and NFTs through engaging missions, such as plundering, smuggling, and attacking.
These missions require strategy and attribute management to maximize earnings. By visiting the GameFi DApp, players can customize, repair, and deploy their pirate crews while also accessing mini-games, yield farming, and future roadmap deliveries.
Giving Back to the Community – Charity Hack Fund
High Seas Pirates demonstrates its commitment to the community by allocating 10% of the funds raised through adventure tip sales to a charity fund. Initially, these funds support the Surge Hack Fund, aiming to reimburse holders who lost their funds during the Surge Hack in 2021.
Once this goal is near completion, the community will decide on future charity initiatives through governance. The charity hack fund aims to provide support to project holders affected by hacks or fraudulent activities, further promoting transparency and fairness within the ecosystem.
High Seas Pirates Guild Governance
Governance within the High Seas Pirates ecosystem is achieved through the Lord Of Libertalia Genesis NFT collection. Each Genesis NFT represents one vote, with a maximum of 10 votes per wallet. Holders can propose and vote on various matters related to the project’s development, ensuring community involvement and decision-making. High Seas Pirates aims to foster transparency, fairness, and community-driven growth through its governance structure.
Crew Rewards
High Seas Pirates believes in rewarding the community for their contributions. All crew members have the opportunity to participate in the affiliate marketing program, allowing them to earn rewards when new members join the ecosystem. Furthermore, crew members can choose to pass on a portion of their affiliate rewards to new members. This initiative encourages community engagement, growth, and the spreading of the High Seas Pirates message.
In conclusion, High Seas Pirates stands as a community-driven GameFi platform that combines unique tokenomics, NFTs, and gamification to create an immersive experience. The Lords of Libertalia Genesis NFTs and Piece Of Eight ($PO8) serve as foundational elements within the ecosystem, offering numerous benefits and rewards to the community. Through governance, transparency, and a commitment to fairness, High Seas Pirates aims to revolutionize the gaming and DeFi industries, providing an inclusive and rewarding platform for players and enthusiasts alike.
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