What is SHIA and what does it solve?
$SHIA is a utility-driven MEME coin that underpins the Shiba Saga ecosystem. Here’s a summary of what $SHIA is and the problems it aims to address:
- Innovative Concept in MEME Coins: $SHIA stands out as it’s not just a typical MEME coin but comes with actual utility. MEME coins have often been criticized for having no real-world application, but $SHIA aims to change this perception by building an ecosystem around it.
- Gaming Ecosystem: Shiba Saga will offer a collection of rebranded casual games (Saga) that share the $SHIA token. These are games that people are already familiar with, but they’re being redesigned in the “Shiba way”. This means users don’t have to adapt to entirely new game mechanics.
- On-Chain Interconnected System: All games within the Shiba Saga ecosystem are interconnected on the blockchain, allowing users to earn and spend $SHIA across every game. This creates a unified gaming environment where achievements and rewards in one game can be utilized in another.
- NFT Integration: A unique feature is the NFT (non-fungible token) collectible system. If a player unlocks a character or other NFT collectible in one game, its counterpart will be available in the other games. This approach addresses the problem in video game production where players’ achievements and collectibles often don’t transfer between different games.
- Scheduled Game Releases: The production pipeline promises a new game release every quarter, keeping the ecosystem fresh and engaging for users.
- The ShiaVerse: After the initial games, the team will work on the ShiaVerse, a VR (Virtual Reality) metaverse where NFTs from the Saga games become interactive. This metaverse will be a social hub with its activities, integrating the GameFi 2.0 model and allowing for a user-driven $SHIA-based economy.
- User-Generated Content: The ShiaVerse plans to host user-generated content, giving players a platform to create and share their creations, enhancing community involvement.
- Broad Audience Appeal: Instead of branding them solely as crypto games, the games in the Saga collection are positioned to attract both crypto gamers and non-crypto gamers. This widens the potential user base significantly.
- Sustainable Earning Model: Income from non-crypto users, such as ads and in-app purchases, will be used for buybacks of $SHIA. The bought-back tokens will be burned, ensuring a stable price floor and addressing the volatility often seen in crypto-based games.
In essence, $SHIA and its associated ecosystem attempt to bridge the gap between the casual gaming community and the blockchain world. By integrating well-known game mechanics with crypto and NFT functionalities, Shiba Saga and ShiaVerse are aiming to provide a seamless and sustainable Play and Earn model that is both engaging and economically viable.
- Token name: Shiba Saga
- Token symbol: $SHIA
- Total supply: 10,000,000,000
- Total circulation Supply: 10,000,000,000
- Trading pair: SHIA / USDT
- Trade time: 8 September 2023, 12:00 (UTC+8)
- Withdrawal time: 9 September 2023, 9:00 (UTC+8)
What are the utilities of SHIA?
In-game Currency: $SHIA serves as the primary token used across the Shiba Saga games. Players can earn and spend the $SHIA token in all games in the collection.
- Unlocking NFTs: Players can use the $SHIA token to unlock characters (skins), props, items, and other collectibles in the games and ShiaVerse.
- Trading NFTs: Both NFTs created by the Shiba Saga team and those created by the community can be traded using $SHIA.
- Upgrading NFTs: NFTs in the ecosystem can be upgraded, and $SHIA may play a role in these upgrade mechanisms.
- Stake for Rewards: Users can stake their $SHIA tokens to earn more $SHIA as rewards.
- Exclusive Collectibles: Staking may also reward users with exclusive in-game and community NFTs.
- Governance Stake: By staking, holders can gain a governance stake in the project. The more $SHIA a user has staked, the more voting power they possess, influencing the direction of the project.
- Presale Vesting: For presale investors, their tokens will be locked in an auto-staking mechanism, maximizing their returns and ensuring they benefit from the ecosystem’s growth.
- Built-in Economy in the ShiaVerse: $SHIA will be the primary token driving the on-chain economy in the ShiaVerse. It will facilitate transactions, trading, and other economic activities within this virtual world.
Supporting a Sustainable Business Model:
- Revenue Generation: The games, while free to play (F2P), will generate income through ads and in-app purchases from non-crypto users.
- Token Buyback: The income from non-crypto users will be used by the team to buy back $SHIA tokens from the market.
- Token Burn: After buyback, these tokens will be burned to help maintain a healthy price floor and ensure token value stability.
Growth and Community Engagement:
- Starter Packs: New players will be granted free starter packs, allowing them to start playing and earning $SHIA.
- Community Involvement: The token fosters community engagement, with members being incentivized to create user-generated content in the form of NFTs and participate in governance decisions.
In summary, the $SHIA token is integral to the Shiba Saga ecosystem, serving as a medium of exchange, a reward mechanism, a governance tool, and a method to sustain the project’s economic model.
What does the project ecosystem include?
The Shiba Saga project ecosystem encompasses various components that synergize to create a comprehensive and immersive environment for users. Based on the provided details, the project ecosystem includes:
The Core Game Concept:
Shiba San’s Quest: A game where the character Shiba San searches for the sushi master. Throughout his journey, he encounters a mysterious temple with puzzles and challenges. Players must match sushis, solve the puzzles, and uncover clues to advance in the quest.
The Shiba Saga GameVerse:
A collection of games (as mentioned previously) that revolve around the Shiba theme. These games would likely be interconnected and share elements such as the $SHIA token.
Shiba Saga NFTs:
Non-fungible tokens (NFTs) linked to the Shiba Saga games. These NFTs might represent characters, items, achievements, or other game elements, and can be unlocked, traded, or used across the various games in the Shiba Saga GameVerse.
A Virtual Reality (VR) metaverse that follows the release of the initial batch of games. Within the ShiaVerse, NFTs acquired from the Saga games come to life, allowing users to interact with them in a virtual environment.
A social hub replete with games, activities, and other interactions.
Implementation of the GameFi 2.0 model.
A user-driven economy based on the $SHIA token.
Hosting platform for user-generated content (UGC), allowing players and community members to create and share their own content.
The Shiba Saga Community:
Central to the entire project, the community plays a vital role in shaping the direction and future of Shiba Saga.
Features like project governance, staking shares, and UGC highlight the community’s influence and importance in the ecosystem.
Engagement through social media channels to showcase and celebrate community members and their contributions.
The economy is based on the $SHIA token, which can be earned, spent, staked, and utilized across all facets of the ecosystem, ensuring unity and seamless integration of the different components.
This ecosystem, with its interconnected games, VR metaverse, NFT integration, and community-driven approach, is designed to offer a comprehensive and immersive experience, merging the worlds of gaming, virtual reality, blockchain, and community engagement.
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