MyRichFarm, a completely unique NFT simulation game, the suitable integration of DeFi & SocialFi.
About MyRichFarm
MyRichFarm, a unique NFT simulation game, the perfect integration of DeFi & SocialFi.All the features in MyRichFarm are gathered in one ecosystem. Players could use RCH to construct unique modern farms and enjoy fascinating social experiences in Fun Zone. Do whatever you like in the community: competing with other players, crafting, trading, etc. In the next phases, players will be welcomed to RICH Metaverse. Making friends all around the world while searching for boundless wealth!
Vision
MyRichFarm is a project that brings together three emerging elements — crypto, gaming and sociality. The intersection of these industries makes a perfect combination of MyRichFarm. We aim to embody decentralization as an ideal of infinite imagination and abundant life.
In the future version of MyRichFarm, players could control their own 3D characters to interact with others. They can build families with someone you love , go to clubs with your mates, mine for tokens and make friends all around the world. Players can not only applaud the beautiful NFT decorations of others, but also display their own NFTs and personal value on the stage . The player who has the largest group of fans could have substantial rewards. And meanwhile, he/she is qualified to participate the designing and presell of new NFTs.
Motivation and Long-Term Vision
MyRichFarm, My Meta Life
—We aim to embody decentralization as an ideal of infinite imagination and abundant life.
Numbers of GameFi projects have been absorbed in characteristics’ income, which causes them to lose sight of the sociality issue in Metaverse. What we are doing here is to gamify decentralized finance and socialize decentralized games—in other words, a SociaFi Metaverse.
In the future version of MyRichFarm, players could control their own 3D avatar to interact with others. They can build families with someone you love, go to clubs with your mates, mine for tokens and make friends all around the world. Players can not only applaud for others' the beautiful NFT decorations but also display their own NFTs and personal value on the stage. The player who has the largest group of fans could have substantial rewards. And meanwhile, he/she is qualified to participate in the designing and presell of new NFTs. We sincerely wish that MyRichFarm could be your wealth paradise, where you can own your abundant life.
To make a long story short, MyRichFarm is a project that brings together three emerging elements —crypto, gaming and sociality. The intersection of these industries makes a perfect combination of MyRichFarm. It offers individuals an immersive way to become a part of the game. Regardless of the innovation or progress of the game, at the end of the day, the core value would focus on players anyway. That is our creed and the future.
Ecosystem to Grow
MyRichFarm hopes to make RCH available for individuals and corporations to increase its liquidity and availability with the main purpose to collaborate with the community growth and ecosystem flow. We plan to retain RCH’s value by some methods including a controllable supply mechanism. With the increasing number of creators, players, and assets exchanged by communities in the market, the demand for RCH in the ecosystem may grow, so the total RCH supply is fixed. The initial quantity of RCH supplied will have a scarcity effect that reduces per capita RCH, thus promoting demand"DeFi+GameFi+SociaFi" is MyRichFarm's economic pattern to meet players' diverse demands.
RCH, the in-game token, can only be produced by NFT farms and the raising and leveling up need to consume RCH. Part of RCH that developers obtain from NFT farm sales revenue will be put into the social ecosystem (Fun Zone) as play-to-earn rewards. The rest part will be used in various events and used as staking shares for players.
Players need to have NFT to enter Fun Zone and exchange RCH for FZC (Fun Zone Coin), the passport in Fun Zone. Players can socialize and play mini games with their 3D avatar. The earned FZC in Fun Zone is available to be exchanged back into RCH.
Yield Farming
The liquidity of RCH in DEXs（Decentralized Exchange）is supported by players adding their Liquidity-Provider (LP) into the smart contract of Yield Farming. Each contract has its unique farming strategy by different DeFi protocols and provides high annualized returns.
How RCH are farmed?
1. Through PancakeSwap, players can stake RCH-BUSD LP(BEP20) or other LP to the Yield Farming smart contract of MyRichFarm to obtain RCH.
2. Players will receive the corresponding RCH reward according to their portions in the pool. Every block (Bk) in the chain will yield.
3. RCH in the pool can be withdrawn anytime.
4. There will be more DeFi protocols and specific farms for yield farming.
5. The returns will from Fund contract
Token Economics
MyRichFarm metaverse uses several kinds of tokens to create a circular economy between users who will interact with its platform. These are the farms, assets and RCH, a token based on the ERC20 protocol which will act as the official currency in the ecosystem when purchasing goods and services (amongst other rights) within the game.
RCH: a kind of ERC-20 token, an important part of MyRichFarm. It is used for purchasing farms and merchandise in our game world.
Farm NFTs: a kind of ERC-721 token and RCH in the game can only be produced through it.
RCH Allocation
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Allocation -------------------- Supply ------------------------------ %
Play to Earn------------------------ 4b----------------------------------80%
Team---------------------------------250m-------------------------------5%
Marketing--------------------------500m--------------------------------10%
Private Sale ------------------------250m --------------------------------5%
RCH is only produced by NFT farms, accounting for 80% of the total supply. Among them, 3.75 billion is from farm harvest and 250 million is from publicity events. 5% is for the team and locked for 6 months; 5% is for private sale at the price of $0.01, used to raise development and operation funds; 10% is used as marketing fund, and its purposes include but are not limited to: event rewards, publicity rewards, strategic cooperation, listing cost, etc.
Play to Earn
The weight of Play to Earn takes 80% of the total supply. Plenty of players will be attracted to join MyRichFarm by the amount of token reward. With DAO (Decentralized Autonomous Organization), the Play to Earn allocation could potentially be decided by players’ governance over time. To maintain the market balance, we set a rule that players’ farm RCH production falls to a certain number every 3 months.
Team
Our team holds 5% (locked for 6 months) of the total supply.
Marketing
10% of the RCH supply is to reward those players widely publicizing MyRichFarm.The reward for various events and yield farming. It is public, transparent and traceable.
Private Sale
Roadmap
MyRichFarm draws a clear and powerful roadmap, aiming to build the non-conventional RICH Metaverse. Worldwide players can create, enjoy and monetize their own game experience in this virtual game world. Meanwhile, all players will become a part of spreading the leading technology of blockchain game and left their mark on its development.
Social Media
Offical Website: https://myrichfarm.com/
Twitter: https://twitter.com/MyRichFarm
Telegram: https://t.me/MyRichFarmGroup
Discord: https://discord.gg/pTWzcJGH
Medium: https://medium.com/@MyRichFArm
Facebook: https://www.facebook.com/MyRichFarm/
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Autor:
Bitcointalk Username: LUISBOL
BSC-Wallet-Adresse (BEP20): 0x75F105F2Ef510D41F4246c291632ccBc13b2185F