Fishing Frenzy whitepaper is now live
The ticker is $FISH, an ERC20-C token powered by Proof of Contribution
$FISH is an experiment in Proof of Contribution and will launch on @Ronin_Network
The goal is to identify and reward outsized contributors and create a flywheel effect
Everything that you do affects your Karma
More Karma gives more rewards
FISH is community owned, with a small amount for team, advisors and investors to ensure they are incentivized to grow the token
FISH can also exist as xFISH which is spend-only reward token
In order to align incentives towards progressive growth, a portion of tokens will unlock based on FDV milestones:
- 50% of airdrop will be released at FDV milestones ($5 - $25m)
- 100% of team allocation is conditional on FDV targets ($25 - $200m)
FISH will have in-game utility from day 1
More features and sinks will be added over time
FISH holders can stake for Karma to receive game revenue, fee sharing, and more
Karma to Earn is coming
Players who meet a minimum Karma requirement will be able to earn xFISH by completing daily quests
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