What is Guild Finance?
Guild Finance is a DeFi gaming ecosystem that has aimed focus the shift of the Gaming, Streaming and NFT industries into blockchain. It combines blockchain and ideal protocols to establish a perfect network for Crypto Investors, NFT collectors and Gamers alike.
Crypto collectibles started much like trading cards, but they were always thought to have much more potential than your traditional sports cards or Pokemon cards that you must find, grade, and trade. The Use-case for NFTs has always been one that has remained untapped aside for the outliers (crypto kitties in 2017).
On the other hand, the gaming industry has also seen a massive surge in the last few years with streamers and professional gamers starting to take hold as a staple in today’s generation. However while gamers rely on streaming services such as Twitch, there is an unmet and untapped opportunity for a gaming economy in which gamers can hold the power, create sub-guilds, have their own immutable trading cards that can be redeemed, traded or sold as well as earn by playing through our Proof of Play (PoP).
Blockchain provides an unparalleled opportunity for connecting these two areas in a seamless ecosystem. That, is what GUILD Finance is here to achieve.
Guild Finance in 11 Key Points:
- Rare Limited NFT generation, airdrops, and buybacks
- A deflationary economy with an automatic-liquidity pool generated from a meta-market-making mechanism that adds a percentage of every purchase or transfer into the available liquidity
- Gamification through tiered staking and ability to create guilds, challenge guilds using collateral based initiatives
- Platform Profit sharing amongst Guild leaders
- Partnerships with high-profile streamers
- Proof of Play (PoP) where gamers can earn xGUILD with a seamless integration of their gaming account and their staked GUILD tokens
- Hosted gaming tournaments with NFT, ETH, and GUILD rewards
- Token forks and Airdrops based on Guild expansion
- Non-Fungible Token Marketplace and trading protocol: Platform for trading all NFT assets, transaction fees will buyback and burn GUILD
- NFT Currency is xGUILD which is earned by staking GUILD
- Migration to Polkadot Substrate Blockchain and Moonbeam parachain in Q1 2021
Token Contract Address: TBD
Total Supply: 30,000
60% — Pre-sale
15% — Uniswap Liquidity
10% — Team Funds*
10% — GUILD Gaming Vault
- Team Funds will be locked and vested on a linear schedule starting distribution in 6 months. These will also be locked in a multisig wallet that is controlled by trusted parties and will only initiate the linear payments with evidence of goals met.
Token Model Part I: Revenue Sharing
The value of the GUILD token will be directly driven by the utilization is and the cashflow generated by the NFT marketplace, total marketcaps of NFTs, speculation, economies of scale amount of users utilizing the Proof of Play (PoP) mechanism.
Proceeds from these fees are distributed pro rata, to token holders proportional to amount of GUILD tokens held and staked. Sub-GUILD Leaders will earn bonuses based on amount of guild members they have. Fee distributions happen continuously as pro rata payouts are programmed into the contracts.
Token Model Part II: Meta-Market Making automatic-liquidity pool
A constant issue that projects have faced when listing on Uniswap or DEX equivalents is the liquidity and risk of “rugpool”. This is why GUILD Finance has adopted and implemented an automatic-liquidity pool generated from a meta-market-making mechanism that adds a percentage of every purchase or transfer into the available liquidity.
This will ensure that a perpetual baseline liquidity is set and added to on a hourly basis. This liquidity is locked and unable to be touched or drained by the GUILD team nor or function.
Migration to Polkadot’s Moonbeam
Starting in Q1 of 2021, GUILD has made the decision to migrate to the Polkadot substrate blockchain as we seek to move further with PoP and the necessity of interoperability across chains and the oracles that will be utilized.
By making the decision to integrate with Polkadot’s Moonbeam, it provides not only decentralized cross-chain trading capabilities, but provides an Ethereum-compatible smart contract platform powered by Polkadot that makes it easy to build natively interoperable applications.
Polkadot is a sharded multichain network, meaning it can process many transactions on several chains in parallel, eliminating the bottlenecks that occur on legacy networks that process transactions one-by-one. Sharded chains connected to Polkadot are called “parachains” because they run on the network in parallel. All relay a success chain for GUILD as a whole.
The details regarding our future presale will be released in due course. As of today, the following information can already be disclosed about the future GUILD presale:
- Presale starts on 11.24.2020, 9:00 AM EST
- Softcap: 400 ETH
- Hardcap: 950 ETH
- Presale base price: 1 ETH = 18.95 GUILD
- Uniswap listing price: 1 ETH = 15 GUILD
- *All unsold tokens will be burned