Our Japanese Whitepaper is published along with some important changes to Tokenomics!
Hello guys,
As always, it was a busy week for the MOTS Team. We have three major news to share; so, let us start without any more delays…
First thing is first; the Tokenomics… As you all know by know, we have been in contact with various launchpads for private and public sale. One common outcome of the feedback from the negotiations has been the tokenomics. Expecting similar questions from our community, we decided to be proactive. Primarily, to show you how much we trust in the project, we have not only removed the TGE amounts for the team and advisors, we decided to lock the tokens for 6 months and extend the vesting period to 18 months linear vesting. So, the team and advisors will basically get nothing for the first six months following the web based game and DEX launch. For private sale investors, the TGE remained the same as 20% with 8 month vesting period; while public sale buyers will get 30% TGE and 5 month vesting period. In order to avoid draining of market liquidity, we decided to distribute the vesting tokens on a weekly basis. The investors will still get their tokens on a monthly basis but there will be no flood of new tokens increasing the supply or sell pressure at the market due to the weekly payment plan; protecting against massive price fluctuations.
The second unplanned development issue is 日本語のホワイトペーパーが公開されました! or in English; Our Japanese Whitepaper is published. Since we published our game on Twitter, there has been an unplanned demand from the Japanese gamers and investors to our project. Therefore, although it was not on our roadmap, we decided to publish a Japanese Whitepaper last week; and here it is. Please check whitepaper.motsgame.io for our whitepaper in Japanese.
Regarding the RoadMap updates; we are glad to announce that we are slightly ahead of our schedule. We have completed the Airdrop and distributions (distributions took a little longer than anticipated because of the fraudulent participations we announced in our previous entry). However, all the winners of the airdrop lottery have received their MOTS tokens. As we are in the beginning of Q2; our initial targets have been to launch the beta test, listing on at least two DEX’s, private and public sales. As mentioned above, we have been in contact with some launchpads and will start announcing partnerships by the end of April. In the meantime, team is on the pre-sale phase, making some progress. However, the most important aspect of the development phase has been on the product development. So, the core elements of the game are almost ready; about three weeks ahead of the schedule; and we will be launching the in-game trailer within next week to give you a sneak peek into the actual gameplay.
We have more announcements to come; the team is working tirelessly to meet the deadlines in the RoadMap; and, they are delivering earlier. All and all; we are in a beautiful spot as the Miners of the Storm Communty. Some more interesting things such as NFT boosters, beta test, in-game markets are up next… Keep following us; there are great news to come!
Website : https://motsgame.io/
Whitepaper : https://whitepaper.motsgame.io/
Twitter : https://twitter.com/motsgame
Telegram : https://t.me/motsgame
Telegram Announcements : https://t.me/motsgameannouncement
Discord : https://discord.gg/Qh3Xptu9Qy
