$SIPHER Initial Public Sale Mechanic
$Sipher Token contract and IBCO contract to be redeployed
Staking & Liquidity Mining Contracts
The $SIPHER token lies at the heart of the Sipher ecosystem, helping coordinate and align the incentives of stakeholders involved. The Sipher ecosystem was designed to be progressively owned, contributed, operated, maintained, and kept by the community consisting of its players, guild masters, streamers, fans, and builders. $SIPHER was designed to be the tool for distributing the value of and power over any particular operational instance of the Sipher Vault.
$SIPHER will only work that way if our builders, players, guild masters, fans, and users who acquire $SIPHER know to use it as a community mechanism, developing social understandings that give $SIPHER meaning and value. Although the purpose of $SIPHER is aspirational and eventually beyond any single party’s control, we will seek to give the $SIPHER token design features that will encourage the Sipher community to use it in a way that will benefit the ecosystem as a whole in a sustainable manner.
Capped supply at 1,000,000,000 Tokens.
$SIPHER is the multifunctional governance token of Sipher Universe, with applications both in-game and in the real-world policy.
$SIPHER is required for the cloning creation of new characters, the marketplace transaction fees for in-game items, and the purchase of special items from the Sipher Laboratory.
$SIPHER can be used for staking for Sipher Vault Governance and earn staking rewards, incentivizing all participants that contribute to the Sipher Universe.
$SIPHER will be distributed through sales during Seed, Strategic and Public Sales. Following that, $SIPHER will be distributed to those contributing to the game ecosystem.
A large percentage of $SIPHER fees collected through ecosystem activities will be going to Sipher Vault.
For more information about Sipher Token please visit Token Distribution and Token Vesting.
Initial supply at 1,000,000,000 Tokens.*
<aside> ⚠️ *Actual initial supply amount and distribution mechanics and schedule are to be determined at a later stage as the $ATHER tokenomics is still being determined to ensure sustainability for the ecosystem.
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$ATHER as the World Energy of Sipher will be minted and burn throughout the life of Sipher Universe. A small fraction of $ATHER could be available through various distribution mechanics, leading up to the full launch of the game. Since the game launch, $ATHER can only be earned through in-game activities.
$ATHER is one of the needed resources used to power all the in-game creation and progression activities such as crafting, leveling up characters and equipment, unlocking new skills, and constructing buildings on top of in-game land.
$ATHER will be minted and rewarded to players every day for their participation via PvP & PvE and other activities. $ATHER will be burned as required by in-game activities.
The amount of $ATHER a player can accrue over time daily is determined by a combination of the difficulties of the levels, character levels, temporary buffs, and land that the player currently possesses in-game.
Temporary Design
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The player can use their characters + Character Vessel Cores + $SIPHER to clone new characters.
The player can use Laboratory to disintegrate their Clones to receive a refund of random materials fragments. (Do not apply to GENESIS NFTs).
Users can craft (mint) new items using a combination of the following:
🔥 $ATHER as crafting cost
🔥 $ATHER to speed up the creation time by paying more to the Laboratory
🔥 Different specific resources required
🔥 resources + 🔥 $ATHER to level up characters to venture on higher difficulty Dungeons
🔥 resources + 🔥 $ATHER to level up equipment to venture on higher difficulty Dungeons
🔥 Equipment and Characters can be burned to recover a random % of resources
Sovereign Land shards can be used by 🔥 $ATHER and 🔥 shards to create Sovereign Land Tokens, giving ownership rights to purchase certain key strategic parcels of land