🪙Doshi Bit (DB)
Doshi Bit
DB is the primary in-game earning reward token instrument. Active gamers will earn DB during live gameplay for either staking in the game bank or used as a transactional component to acquire additional game features for the game avatar, which include weapon upgrades, or wager directly against other players to earn $SQDI tokens and NFT. When a player decides to upgrade his or her avatar character, the DB will be removed from their possession to complete the upgrade action. The upgrade option will help increase the player's character stats allowing them to earn additional rewards as they progress through each mode of the game. The reason for this design is primarily because the DB is not a liquid token that is tradable, however, players can stake it within our game ecosystem system to earn direct reward from revenue generated through the real asset investments (asset investment is covered in detail under the Financial Asset section of this whitepaper). The impact of the in-gaming earnings would be minimal on the native token ($SQDI) trading, and staking activities
The DB is one of the solutions to problems encountered by GameFi projects where the native token rewards earned directly during the live gameplays are ultimately sold on the market impacting the native token price and chart. In the Squidoshi ecosystem, the DB has no connection to the $SQDI native token as both are treated differently. This solution ensures maximum utility on both sides of the functional boundaries ushering more utilities and use cases to our communities
Doshi Bit Characteristics:
Use case: Transactable within the gaming ecosystem for character upgrade, staking, and p2p wager
Expires within a month
Not tradable outside the game ecosystem
No impact to native token p2p trading
Earn rewards in BUSD (pay cycle contingent on accumulated fund threshold)
Sustainability is sustained through NFT sales and use case financial asset investment
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