SHARE TO EARN * BUILD TO EARN * TRADE TO EARN * HOLD TO EARN

WhitePaper

Last Updated on February 4th, 2022

Abstract

As cryptocurrencies and blockchain applications gain acceptance amongst the mainstream public, the concept of earning while playing has now taken form and manifested itself in what is now called “Play-To-Earn” dApps. Generating income while playing a game sounds like a utopia for most of us. However, thanks to the play-to-earn movement, that scenario is not far from reality.

Since May 2021, blockchain-based games have enjoyed a significant amount of success. The number of accounts or wallets connected to blockchain games reached 754,000. When compared to Q2, the game-connected unique active wallets (UAW) increased in 25%, and an impressive 509% year-over-year. Even though the number of UAW is an on-chain metric that does not necessarily translate into users1, there is enough evidence that supports a growth in the demand.

ezVerses is a NFT-based social PTE ecosystem that enables gamers, investors, and average users to engage in an innovative, easy-to-adopt game-like experience while socializing and earning value. While there are many NFT marketplaces and PTE systems that have attempted to focus on the digital metaverse space, combining NFTs that carry tangible value to a metaverse platform has yet seen very few successful implementations.

ezVerse is built with the objective to not only facilitate an efficient NFT issuance process, a smooth retail purchase experience, but also allows users to earn while play and investors to leverage their assets.

Emergence of D.A.O.

Thanks to blockchain technology, people can organize themselves and jointly pursue goals without knowing each other or trusting a third party. It is becoming easier to create a safe and transparent environment for co-ownership rights for digital artworks. We can now significantly reduce the barrier to acquiring digital goods and democratize access to digital assets as blockchain technology allows us to tokenize virtually everything from physical items to intangible works of art and collectibles.

Only a small minority of people can afford to spend lavish sums of money without regard to digital artwork to win a bidding war. Such limitations can be lifted with the advent of Decentralized Autonomous Organizations (DAOs), which enable multiple parties to come together to purchase high-value NFTs with ease.

DAOs (Decentralized Autonomous Organization) act according to a predefined set of rules, like most organizations. However, unlike centralized organizations, DAOs do not rely on trust to any third party. DAO contracts are immutable and cannot be manipulated or misinterpreted. DAOs create a layer of transparency through which people can collectively team up themselves into groups with a common goal and execute efficiently without the need for centralized decision power.

ezVerse was founded as a DAO entity specifically to pool resources from supporters and contributors around the world, maintain communications regarding project progress, seek investment, content, and collaborators through social channels such as Twitter, Discord, Telegram. DAO eliminates the need for centralized control, removes overhead, and allows participants to contribute in the most efficient manner.

Platform Overview

ezVerse is an innovative social NFT Play-To-Earn platform allowing participants to earn crypto assets (EZP Tokens) while trailblazing a world-building game experience, executing game-like actions such as building various types of land parcels, trading and reaping profits by transactions. With this disruptive gaming model, participants are rewarded with cryptocurrency or NFTs just for playing games they would previously play for free. ezVerse is a metaverse that strives to emulate the real world economy and welcomes various types of users such as gamers, brands and investors. In future phases, ezVerse aims to help global brands to mint their digital copyright contents into NFT real-estate and sell to a mass fanbase and collectors. ezVerse provides brands with a meta market that converts their digital copyrighted content into NFT encrypted products and sells them directly to a large number of fans, provides second-hand transactions for collectors, provides blockchain authentication protection for NFT digital assets, and provides local service support for global users.

Advantages of Polygon Blockchain

While Ethereum Blockchain is undoubtedly the most popular blockchain platform for NFT creators, the single most barrier of entry is cost of minting. The beauty of Polygon is indeed the fact that it employs a Proof-of-Stake consensus algorithm to validate its transaction, which is a much eco-friendlier alternative to BTC’s and ETH’s heavy Proof-of-Work algorithm, which requires a lot of hardware to mine.

In a Proof-of-Work model, miners are in a race to solve complex cryptographic puzzles. Since these puzzles are increasing in difficulty on a consistent basis, miners need to run to more powerful computers in order to solve them, and this leads to a lot of hardware usage,which in turn leads to adverse environmental impact. The network issues miners with newly-minted coins as a reward for doing this work. In a Proof-Of-Stake Model, on the other hand, those with the highest number of coins actually get to validate the transactions without having to expend huge amounts of energy on complex cryptographic computations.

The Polygon solution brings down the gas fees significantly, and NFT creators that are looking to list NFTs will be minted on the Matic network, and as such, save themselves a lot of time as well as money. This will lead to clean NFTs that do not really hurt the environment as much as the ones minted through the proof-of-work (PoW) consensus algorithm and are far more sustainable.

Now, what you need to know about Polygon is the fact that it is a protocol as well as a framework used for building and connecting Ethereum-compatible blockchain networks and platformsIn other words, it combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. Polygon solves pain points associated with Blockchains, such as high gas fees as well as slow speeds without actually compromising the security.

ezVerse World Building Game Policy

ezVerse is a brand new world that seeks pioneering players with a knack for novelty and adventure. ezVerse is initialized with 1 million vacant Land parcels, each represented as an NFT, available to be built into Mansions.

Builders : The objective for the players is to identify a vacant land parcel, purchase the parcel with EZP tokens, purchase the building Blocks, also represented as NFTs, build on the Land with Blocks, and resell the completed Mansions to potential buyers. When a block is completed, Builders earn 625 EZP tokens as B2E reward per completed block. Given the pool size at 5B EZP total, first 500K builders are estimated to receive BuildToEarn reward of 10K EZP per completed mansion, assuming each builder completes one mansion each.

Investors: Instead of building, investors contribute to the growth of ezVerse by making transactions such as purchasing or selling Mansions to stimulate the ezVerse economy.

ezVerse charges 15% on each transaction EZP usage, where 2.5% is injected into the GrowToEarn Pool, 2.5% is injected into BuildToEarn Pool, 2.5% is injected into the TradeToEarn Pool, 2.5% is used for buyback and burned for deflationary purposes, and 5% is allocated for EZVerse platform operation.

Promoters: In place of spending crypto assets, these members contribute to the growth by leveraging their social influence and endorsing certain Builders or Investors and promoting their Mansion.

When a new user account registration is successfully completed, a batch of 10000 EZP tokens will be distributed as followed:

The newly registered player is rewarded 5000 EZP tokens.
If the new user was invited by a referring user, 3000 EZP tokens will then be rewarded to the referrer.
2000 EZP tokens will be injected to the HoldToEarn Reward Pool (or 5000 EZP tokens if there was no referrer.

ezVerse Meta Property Types

There are 3 main types of meta properties available in the ezVerse:

Build-Together (Co-Ops) Property :

This is a collaborative build-together, common-theme property type

where each builder completes an unit with a custom word phrase, each based on a predetermined theme.

As each builder completes and owns an unit, the Build-Together Property is the aggregation that manifests the entirety of the underlying common theme.

There is no constraint on build time, and each builder’s ownership is strictly limited to a single unit of the property.

Build-Your-Own ( Private | Individual ) Property :

As the namesake suggests, this is an individual private property ownership type where each builder chooses his own land type, builds and completes the property with own building blocks. Each builder can build and own multiple units of B.Y.O property, and as many as he can afford.

DAO Funding Property :

This is a cause-driven property type where each participant, or contributor, specifies a custom Contribution Amount for a cause. When the property has been claimed, the contributor receives a serial>0 (non-Original) property with its own specific contributor amount, which gets added to the cumulative contribution amount on the Original.

Original property effectively holds the accumulated fund dedicated to a specific cause or initiative, and each property owner effectively owns a VOUCHER that entitles the holder to an allocation of governance token, representative of the participant’s ownership stake, determined by the token distribution policy specified by the DAO. There is a time constraint and a funding goal imposed on the offering.

EZP Token Economics

EZP Token was built to reward owners for holding their assets, for building the ezVerse, and for promoting the ezVerse. The ecosystem as a whole caters to a variety of participants by rewarding each according to their contributions. ezVerse is recruiting more participants to help contribute and satisfy this growing demand for the Play-To-Earn model. ezVerse game has a built-in supply & demand mechanism that controls the underlying tokenomics. The aim is to reward participants who are early to the game and drive the value of EZP by scarcity. When rewards are earned in the game, players receive the underlying EZP token. As more people join and the overall reward pool , the rewards also lessen. This means someone playing in the early days will receive a significantly higher amount of rewards compared to someone in the future.

ezVerse platform charges 15% on each EZP transaction (either for purchasing LandNFT or purchasing BlockNFT), where 2.5% is injected into the GrowToEarn Pool, 2.5% is injected into BuildToEarn Pool, 2.5% is injected into the TradeToEarn Pool, 2.5% is used for buyback and burned for deflationary purposes, and 5% is allocated for EZVerse platform operation.

EZP Token plans for a pre-sale of EZP up to 25% of total Supply (25B EZP), which is equivalent to $1M in USD value. Each presale buyer will receive 1B EZP (1% total supply).

ezVerse Token burn policy on all ezVerse Token transactions is put in place in order to reinforce the token value by keeping it deflationary, and thus preserving benefit and maximizing return for existing ezVerse Token holders.

ezVerse Reward Policy

One of the key components of the ezVerse Play-To-Earn Platform is its creative reward strategies.

Total Reward Pool is allocated as 15% of overall total supply, or 15B. There are 3 major Reward Components, each of which is initialized at 5B EZP total supply.

Grow To Earn Reward: In order to promote growth and incentivize member adoption, ezVerse implements new user reward program:

New User: New Users receive 5000 EZP tokens upon signup
Referring User: If the New User is invited by an existing Referring User, the Referrer receives 3000 EZP tokens for contributing the referral.
Hold-To-Earn Users: 2000 EZP Token will be injected into the Hold-To-Earn Reward Pool each time a new user signs up on the ezVerse Platform.

Build To Earn Reward: Builders are the underpinning contributors of the ezVerse, and it is imperative for the Platform to encourage and incentivize builders for their significant contributions, equivalent to 1K EZP reward per built block. Out of the 1K EZP reward per block, 625 is allocated for the builder, and the remaining 375 is allocated for the Social-To-Earn Pool. Given the pool size at 5B EZP total, 5M completed blocks will be rewarded.

Please note some blocks are costlier than others and may require more EZP for staking, in which case builders will resort to alternative means of obtaining EZP tokens,such as purchase via IAP, QuickSwap,or transfers from other accounts.

Trade To Earn Reward : Any real estate economy is irrelevant without selling and buying, and the ezVerse is no different. Total pool size is 5B allocated across 500 Days, which means there is a 10M EZP daily reward quota. For every completed mansion transaction, both the selling user and buying user receives 2.5% of the sales price each.

Given the average cost of a completed transaction is estimated at 5000 EZP, both seller and buyer can each receive 125 EZP upon a completed transaction. In other words, Daily reward quota of 10M can support up to 80000 Mansion transactions.

EZP Token Economics

EZP Token plans for a pre-sale of EZP up to 25% of total Supply (25B EZP), which is equivalent to $1M in USD value. Each presale buyer will receive 1B EZP (1% total supply).

Phase 1 (Q3 2021) :
Launch EzVerseDAO and start white paper and architecture design

Phase 2 (Q4 2021) :
Launch of QuickSwap ETH / EZP pair and start EZP presale to accredited investors

Phase 3 (Q1 2022) :
Launch of ezVerse mobile app for iOS and Android devices

Phase 4 (Q2 2022) :
Building ezVerse Full-Stack Web3 Application (DApp).

Founding Partners

Technology Provider: TrendScape, Inc. is an innovative mobile app and dApp platform solution provider that was incorporated in October 2017 with its headquarters located in Los Angeles, USA. TrendScape builds its own apps and implements a standardized / automated process for building customized apps on independently deployed platforms across various industry verticals including sports, entertainment, tourism, wedding, health, safety, education, business, etc.

Capital Provider: Institutional investors providing cash liquidity for the ezVerse project with a 35% discount and a six-month lockup period.

Growth Provider: Social commerce communities with a user base of 1M or more, having active members and influential community leaders that can commit to a mutually beneficial relationship with ezVerse.us to foster ezVerse platform user growth in a timely manner.

EZP Token Allocation

Total maximum Supply of ezVerse Token (EZP) = 100 Billion

Governance

We aim to be pioneers in combining Social, NFT, and DeFi into a singular blockchain-based PTE Metaverse ecosystem. This is a challenging endeavor but also a great opportunity to lead the field in this new market to demonstrate how Social, NFT and DeFi can coexist and function efficiently and productively in a hybrid marketplace ecosystem. Off-chain governance is a system of manual monitoring of off-chain user actions and contents, such as ensuring all contents published are compliant with the terms and policy. In the event offensive or non-compliant content or user actions has been reported, Platform admins reserve the power to enforce suspension, removal or permanent ban according to terms and conditions.

On-chain governance is a system for managing and implementing changes to blockchains. In this type of governance, rules for instituting changes are encoded into the blockchain protocol. Developers propose changes through code updates and each node votes on whether to accept or reject the proposed change.

Given the Proof-of-Stake model of ezVerse, changes to the blockchain logic (smart contract) can be proposed by any stakeholder but can only be approved with the consent of the major stakeholders.

References

PR Newswire, 2021. Rise of Non-Fungible Token Market (NFT Market) Says Brandessence Market research https://www.prnewswire.com/news-releases/rise-of-non-fungible-token-market-nft-market-says-brandessence-market-research-301422149.html

InfluencerMarketingHub.com. The State of the Creator Economy | Definition, Growth, and Market Size https://influencermarketinghub.com/state-of-the-creator-economy/