Playermon Milestone Update: 50 Days since the Token Generation Event

It has been through 50 days since the Token Generation Events ( TGE ), Playermon Team would like to reach out to the community and share what we have done, what we failed to achieve and the focus for the year 2022

Dear Playermon Masters,

In the year 2021, we have set a vision to create the metaverse where the community comes together to work, play and socialise in the digital space. We believe in empowering the creativity in a community where they could express their creativity and show it off to the public in the metaverse while enjoying the economic opportunities created. The vision is indeed a far one that we have our team tokens vested for 10 years instead of 2 / 3 years. The vision will not be achieved if we are not able to get full support from the communities.

The macroeconomy of the cryptocurrency especially the Play-to-earn, in general, was on a downtrend ever since we launched the project, so the current situation is not very favourable for our project but we will do our level best to ensure that we are able to continue building the Metaverse we envision during this hard time. We hope to address the situation and concerns that have been raised by the community on our official social media.

Before we address each and every concern that has been raised, would like to highlight a few key milestones that we have achieved in the past 50 days.

1. Completed Playermon Egg Sale, bringing 7.2 million PYM tokens out of Total Supply.
2. Listed on MEXC, Gate io and Quickswap and have been actively trading daily.
3. Completed Smart Contract audit by Certik, one of the leading Smart Contract Auditors in the industry with not even a Minor Issue. Certik SkyNet Monitoring will be activated to ensure continuous monitoring of the tokens.
4. Launch the Radix Marketplace for the Playermon NFT.
5. Launch the SpaceDen GamePlay on Android and Windows.

Change of Roadmap

We know that you are worried as we have rescheduled the initial roadmap of the Player versus Environment (PvE) also known as the Anchorland story mode gameplay to be Q1 of 2022 instead of a fixed date on January 2022. We would like to have you look at the same roadmap from another perspective as well in terms of what was not originally planned but we have managed to achieve which is what we call a change of priorities.

Initially, we plan to allow playermon masters to trade their Playermon and Egg NFT on the OpenSea instead of launching the Radix immediately, but after talking to the community, we know that having our own marketplace would help as the fees involved are lower. So, we move the agenda forward, allowing you to trade your Playermon on our early release / Open Beta of the Radix Marketplace. We would like to acknowledge that there are some bugs and the user experience are lacking compared to the established Marketplace like OpenSea. Do give us some time, we will have a team to work on upgrading the Marketplace from time to time to ensure that the user experience is smooth for everyone.

We are working on a new SpaceDen feature called SpaceDen Visit that would allow you to travel and visit another user’s SpaceDen. This is a feature that we think align with the vision that we have set earlier but is not being put into the roadmap. Besides, it is not fair to launch the PvE before we have our apps on iOS or Mac OS. So, we are working hard to get ourselves on the Play Store and App Store for the best coverage of all devices that Playermon Master will have.

In the year 2022, we will be updating our Roadmap to be a to-do list so we can revisit every 14 days to reprioritise the important features instead of following blindly on the roadmap that we have set earlier and not considering the urgency of the features planned and taking into account the feedback from the community.

Radix Marketplace

Regarding the Radix Marketplace using MATIC instead of PYM as the currency for the trading. There are a couple of reasons and here I will give the scenario and the benefits of it.

The simple process involved. Imagine that you are a new user with a Metamask wallet and some MATIC, to buy a Playermon on Radix is simple, you will need to connect wallet, press Buy, approve on MetaMask and you have gotten yourself a Playermon NFT. If we accept PYM tokens instead of MATIC, what would happen? The same user will need to go to Quickswap to change the MATIC into PYM, come back to the website, allow the marketplace smart contract to spend the PYM, wait for confirmation and then press on the buy button before they could get the Playermon NFT. Remember that the more steps taken to reach the end goal will result in users dropping out and not having the same urge to buy the Playermon NFT.

Breeding

Another concern that we have received from the community is regarding the breeding logic and the price for breeding. We would like you all to stay calm as we are working on the sustainability of the tokenomics that would be able to counter the overpopulation problem that might arise. To counter the potential problem of overpopulation of Playermon through breeding, we will be coming out with breeding costs that would change when the number of Playermon NFT in circulation is increasing. Information regarding the breeding will be released in another article within a week from this message.

Looking Ahead to the next milestone

In the year 2022 and the next 50 days, we will continue to keep our heads down and build products that playermon master love. We will continue to develop and improve the gameplay, services that are beneficial to the community aligning with our vision to bring the social element to the Playermon Metaverse. As the CEO of Playermon, I’m very excited about the new developments and products that we have planned for the year 2022. Initially, I would wish to write this post on the 31st of December 2021 as the new year resolution but the past 50 days have been restless for the whole team and most of us got burnout and I wasn’t feeling well due to the tight timeline and many unforeseen issues popping out that requires our attention. Moving forward, I will be holding more sessions to listen to the community regarding concerns, all your voice is heard, don’t worry about it. If you have any concern / bug reporting / support required, feel free to fill in the forms available on Playermon.com, we will be channelling the request to the right people. I am truly sorry for the missed deadline and we will work harder for future milestones.

• Jisheng, CEO of Playermon

So get ready, Playermon Masters!