Asset Reward Pools
The Knights Guild's strategy is to incentivize players and asset stakers with common goals and fair and consistent rewards. To achieve this, we plan to configure a variety of reward pools based on asset groups within the game. Each asset group will be represented by a Complete Knight Asset NFT, such as The Shield. These reward pools will be multi-layered and categorized, and the reward structure will be configured to provide a balance of incentives and common goals.
The rewards will be claimable from guild-issued NFTs at predetermined claim points. The reward pools will include at least three categories: Assets, Treasury, and Management, and each asset group will have its own unique reward structure. The reward percentage distribution and claim points will be agreed upon and set within each pool.
Claimable rewards will be eligible to:
Assets Staker: An Asset Staker refers to an individual or organization, such as a Venture Capitalist or DAO, who stakes assets with the guild. Upon staking, Asset Stakers will receive an NFT and a smart contract that records the staked assets, along with the associated conditions and duration. This enables them to claim rewards through the NFT. It's important to note that Asset Stakers do not possess voting power, as that is reserved for the Guild Leadership.
High Worth Asset Staker: A High Worth Asset Staker represents an individual or organization that stakes a significant number of assets with the guild. This category of stakers will also receive an NFT and a smart contract, recording the staked assets and associated conditions for reward claiming. High Worth Asset Stakers are incentivized with additional benefits; however, they are subject to specific conditions aimed at ensuring stability within the guild's asset base. Similar to Asset Stakers, High Worth Asset Stakers do not possess voting power, which is held by the Guild Leadership.
Asset-based Complete Knight Series NFTs holders: Each Asset NFT has its own uniquely designed reward framework. The Asset Vault serves as the designated receiving wallet for in-game rewards, feeding into the local distribution framework. It enables relevant NFTs to claim their rightful share of rewards. The Asset Vault's reward claim points vary depending on the type of asset and its in-game utility. It is often referred to as the NFT Name Vault, with names like 'The Shield Vault' representing specific Asset Vaults.
Complete Knight: This term encompasses all the asset and achievement NFTs that have a burn credit associated with The Complete Knight. It represents a comprehensive collection of NFTs within the guild. The Complete Knight is a special NFT issued after the merger, replacing all burnt Knights Series NFTs. The burnt Knights Series NFTs become attributes of the Complete Knight, preserving the claim mechanism for relevant reward pools. Only one NFT per series can be contributed to each Complete Knight NFT, ensuring uniqueness and value.
Player/Knights: A Player/Knight refers to a valued member of the guild who actively participates in the game and contributes to the overall success of the guild. This includes individuals who have staked assets with the guild, even if they do not actively engage in gameplay. Upon joining, each Player/Knight will be issued a unique 'Knight' NFT. This NFT grants additional rewards and grants the holder voting rights when necessary.
Assumption: It is anticipated that in-game assets/resources will incorporate an adjustable "asset owners cut" mechanism, determining the distribution of generated resources between asset owners and players. This game mechanic serves as an incentive for asset owners and aligns with established resource management MMO practices.
Players will rightfully retain all the assets/resources they personally generate,
following the aforementioned asset owners cut. The asset owners cut for the guild-owned and staked assets will contribute to the asset group vault, enabling
distribution through the reward pools. It is reasonable to expect that a larger guild asset base will enhance the competitiveness and desirability of our assets, attracting more players.
To foster a unified incentive system, every guild player will receive a Knight NFT linked to their in-game player profile through metadata. Utilizing an API, the player's performance will be calculated, enabling appropriate rewards based on their achievements. These rewards will be sourced from the asset vault, augmenting the player's own generated resources and assets.
To promote transparency and fairness, the utilization of APIs will enable the registration of players based on their engagement level, categorizing them as low, medium, or high-output players. This classification aims to ensure that rewards are distributed equitably, aligning with the level of active participation and contribution demonstrated by each player.
By implementing this system, we aim to provide a transparent and merit-based approach to reward allocation within the guild, fostering an environment where all members have equal opportunities to be recognized and rewarded for their efforts.
Rank: To recognize the guild's hierarchical structure, each guild rank is associated with a distinct NFT. The purpose of this NFT is to claim rank incentives for the efforts and leadership displayed within the guild.
Potentially other NFTs in special cases: This term refers to additional types of NFTs that may be introduced in specific situations or unique circumstances within the guild. These NFTs could have distinct attributes, functionalities, or purposes that deviate from the standard definitions mentioned in the white paper. The guild may explore and implement these special-case NFTs to accommodate specific needs, opportunities, or advancements within the guild ecosystem. The details and specifications of these NFTs will be communicated and documented separately as they arise.
It's important to note that the income element for all pools will be directly pulled from in-game rewards and revenue, and if the generated income is zero, the claimable reward will
be zero. The reward framework is a distribution framework only, and we do not yet have a guild token. Lastly, we want to emphasize that we are dependent on the success of the Cornucopias game, and this is a blockchain project that carries risk. As more information is released from the game, this paper will be updated. We have entered a Memorandum of Understanding with Anvil Industries to work towards a formal partnership to deliver the technical components of the guild.
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