What is Degen Zoo (DZOO)?
Degen Zoo was founded and created by the founder of DAO Maker. Degen Zoo is the first piece infrastructure for community incubations of animal NFTs. The collection “Price of Exctinction” is just the first of many collections that are all collateralized by the $DZOO token.
The game simulates real life money incentives that drive millions of animal species to extinction. It achieves this by creating a token econmic game theory that reduces circulating supply of the token by minting NFTs. Players can increase their ownership of tokens by hatching animals and leveling these up. When a player kills (burn the NFT) their animals they release the tokens locked within them.
The entire game is trustless on the blockchain, the dynamics cannot change in anyway. The game follows a clear game theory that drives players to murder animals. The goal of the game is to raise funds for animal charities and NGOs by charging a 2.5% NFT royalty fee on every trade.
What makes Degen Zoo (DZOO) unique?
Degen Zoo aims to be the best implementation of blockchain technology. Blockchain is only good if you need to have a trustless game theory model implemented. Degen Zoo is the first truly trustless implementation of a “clash of Clan” type economic game. It combines the infinite scalability of blockchain with a very strong game theory to raise awareness for animal execution and raises for charity.
Additionally to its strong base game theory model, Degen Zoo is the first NFT community incubator in the world. Up until now NFT artists have to try to build a community and get liquidity themselves. 99% of them fail this process. Degen Zoo allows any artist to create their own animal NFT collection and present it to the DZOO DAO. Any collection that is approved will fuel the same game but with different metrics.
Instead of 100% of the tokens being burned, 10% will go to the artist of the collection. This way they can build up a stread recurring income flow and degen zoo will constantly get new collections to collateralize.
What technologies does Degen Zoo (DZOO) use?
Degen Zoo is one of the first fully trustless games. All images are stored on IPFS and do not utilize and centralized server. This means that the game will run its own path with nobody being able to change anything about how the game dynamics.
What are Degen Zoo (DZOO) token utilities?
DZOO is the core fuel at the center of the Degen Zoo Game Theory. Any action requires DZOO and either takes it out of circulation or burns it completely.
Farming eggs requires users to stake DZOO tokens. The more and the longer they stake the more eggs they earn. There are a total of 24,000 eggs in the collection. At first eggs will be inflated quickly, but the inflation rate gets slower with every claimed egg.
To hatch an egg users have to burn 25,000 DZOO tokens. In exchange their egg will hatch and will reveal what animal they got. Each animal has the ability to mint new tokens. There is a 20% chance that the animal will mint less then 25,000 DZOO. There is a sub 3% chance of the animal to be able to mint 125,000 DZOO or more.
Each animal has to grow older before it can be killed to claim the DZOO profits. The maturity time is similar to staking of tokens. To start players have to stake 25k tokens, then they will know how much APR they will get. Some lucky players will get 1000% while unlucky players can have negative APR of -75%.
Players can level up their animals, they can do that by feeding their animal another animal. To do so they will need at least 2 eggs and must have burned at least 50k tokens. Leveling the animal will increase their APR and improve their image.