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About StarSharks (SSS)
Key Points
- StarSharks is a “community-driven shark metaverse” with a focus on content creation and play-to-earn games.
- The platform is built modularly, with five initial games and plans for community-driven development.
- StarSharks has raised $4.8 million in private funding from investors like 3Commas Capital, Binance, and DAO Maker.
- The platform features a leasing system for NFTs, a profit-sharing system, and a dual-token model with SSS and SEA tokens.
Numbers and Figures
- $4.8 million: private funding
Introducing StarSharks (SSS): A Revolutionary Gaming Ecosystem
Introducing StarSharks (SSS): A Revolutionary Gaming Ecosystem
StarSharks (SSS) envisions itself as a “community-driven shark metaverse,” eschewing the GameFi label in favor of “Content-Fi.” By emphasizing the value it returns to the community, StarSharks, at its core, is a metaverse designed for play-to-earn games with a shark-inspired theme. The platform invites players to collaborate on content creation, thereby contributing to the game’s expansion alongside the development team.
StarSharks is architecturally designed with modularity in mind, comprising a diverse array of games that collectively power its expansive metaverse. Initially, the project aims to develop five high-quality, in-house games, which will, in turn, unlock a range of standard play-to-earn game modes, including PvP, the breeding of novel NFTs, and coveted collectibles. In the future, the development roadmap will be shaped by community-driven decision-making, where users will be empowered to vote on the modules to be developed and the developers who will be granted access to the SDK, thereby enabling the creation of new games.
The development is envisioned to unfold in a two-phased platform module system, comprising distinct stages that will incrementally build upon one another.
- In the inaugural phase, StarSharks will unveil a comprehensive marketplace system for the seamless trading of NFTs, an innovative NFT leasing system, a diverse array of games, and a staking mechanism within its liquidity pool.
- In the subsequent phase, a plethora of independently developed games will be integrated into the StarSharks ecosystem.
Presently, the StarSharks team is diligently developing an array of captivating games, including a competitive PvP shark game, an immersive shark simulation, a creative land construction game, an exhilarating parkour racing game, and a strategic card game. The team anticipates delivering the final product in March 2023.
The Visionary Founders Behind StarSharks
Notably, StarSharks’ website lacks information about its team members. However, in an AMA session, the project’s Chief Marketing Officer, Vanessa (whose surname remains undisclosed), revealed that the team boasts a robust background in game development and smart contract creation.
StarSharks boasts an impressive roster of esteemed investors, including 3Commas Capital, Binance, and DAO Maker, having successfully secured $4.8 million in a private funding round.
Unveiling the Unparalleled Excellence of StarSharks
StarSharks places particular emphasis on two key pillars of its product.
The StarSharks platform boasts a built-in leasing system, rendering it more accessible to a broader player base, including those who cannot afford an NFT. By lowering the entry barriers, this innovative feature enables players who cannot purchase the required three shark NFTs to participate in the StarSharks experience. Users have the flexibility to list their StarShark NFTs for lease, specifying the rental duration and expected earnings. While players can lease a maximum of three NFTs simultaneously, owners can rent out an unlimited number of NFTs. The earnings generated from in-game activities are subsequently divided between the two parties.
Notably, StarSharks pioneers a groundbreaking profit-sharing mechanism, strategically designed to foster robust community growth. This innovative system enables profits to be distributed through two distinct channels: referral incentives and staking rewards.
By sharing an exclusive invitation code, players can refer new participants and earn a percentage of their referred friends’ activity for a 30-day period. The rewards, disbursed in BNB, SEA, and SSS, are proportionally allocated based on the referred player’s engagement within the ecosystem.
Stakers partake in the majority of the platform’s revenue, which is derived from two primary sources:
- A substantial 30% of SSS allocated to NFTs is redistributed to stakers, fostering a sense of community and shared prosperity.
- Every NFT trade is subject to a nominal 4.25% fee, denominated in BNB, with a generous 70% of the collected fees being redistributed to stakers, further incentivizing their participation.
You have the flexibility to select a lockup period for your SSS tokens, ranging from a minimum of one month to a maximum of four years. Staking rewards are distributed on a weekly basis. Furthermore, in the future, SSS stakers will also be empowered to participate in community governance, with their voting power directly correlated to the quantity of SSS tokens they have staked.
StarSharks will boast a diverse portfolio of five captivating games, each designed to thrill and entertain.
- Embark on an immersive PvE and PvP shark battle experience, where players can accumulate valuable SEA utility tokens.
- Delve into a captivating shark-raising simulation, enabling players to breed novel, unique NFT sharks.
- Explore the vast expanse of StarSharks Land, where players can construct and trade virtual shark-themed real estate.
- Get ready to dive into the high-octane Shark Racing game, a 3D third-person parkour racing experience.
- Engage in the strategic StarSharks Card game, a turn-based card game that demands skill and cunning.
What Is the Circulating Supply of StarSharks (SSS) Coins?
StarSharks is propelled by a dual-token paradigm, with SSS serving as its governance token and SEA functioning as the in-game utility token. The total supply of SSS is capped at 100 million, with its distribution allocated as follows:
- Angel financing (5%): a four-month lock-up period, followed by a quarterly release schedule spanning 11 quarters.
- Private round (9%): a three-month lock-up period, succeeded by a second-by-second release over 11 quarters.
- Team (15%): a six-month lock-up period, with 5% released after the initial six months, 5% after 12 months, and 15% bi-annual releases thereafter.
- Liquidity Pool (1%)
- Marketing (3%)
- Collect to Earn (61%): to be fully circulated over a decade.
- Company Reserve (5%)
The StarSharks Network: A Fortress of Security
SSS is a BEP-20 token, seamlessly integrated into the Binance Smart Chain (BSC) ecosystem.
The Binance Smart Chain (BSC) leverages a proof-of-stake (PoS) consensus mechanism to ensure its security. Every 24 hours, a cohort of 21 validators is elected to validate transactions and maintain the integrity of the blockchain. To be eligible for this role, these validators must stake a predetermined amount of Binance Coin (BNB) with Binance.
StarSharks proudly showcases a comprehensive audit report by Certik, a testament to its commitment to transparency and security, prominently displayed on its website.
Acquiring StarSharks (SSS): A Comprehensive Guide to Exchanges and Marketplaces
SSS is proudly listed on a multitude of esteemed cryptocurrency exchanges, including LBank, Pancakeswap (V2), Bitget, BTCEX, MEXC, XT.COM, and CoinW.
For those seeking to delve into the world of cryptocurrency investment, our comprehensive guide provides a wealth of information on how to initiate your cryptocurrency-buying journey.
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