Partnered With:

Dialogue Cryptotycoon: Combination and Innovation of Defi and Games

Read this article in 15 Minutes

Cryptotycoon dialogue with well-known communities in Southeast Asia.

On May 15th, Mandyb2437, a Southeast Asian community with nearly 20,000 members, invited Yu Liang, a member of Cryptotycoon, to have a TG dialogue.

During the dialogue, the host MandyB communicated with Yu Liang about the project progress of Cryptotycoon, the use of CTT and IDO. After the AMA, many fans from Southeast Asia asked Yu Liang about it. Finally, We got a lot of live attention.

Today, we will carry out a translation review of this process, to bring you the most intuitive answer.

Mandyb: I am very pleased to invite the team members of Cryptotycoon today. They are the new stars on the BSC and have gained a lot of market attention. Meanwhile, Cryptotycoon has also announced that they will launch a joint venture on May 20th, solstice and 25th in Julswap, Burgerswap, Dodo, Limited exchange can be made on Mantradao, Helmet and other platforms.

Could you please share your background and responsibilities in Cryptotycoon?

Yu Liang:The team members of Cryptotycoon are a group of game players and encryption enthusiasts. All the founding members once worked in Tencent Interactive Entertainment (IEG) and participated in the product planning and front desk operation of first-tier games.

As stated on the official website, I have been working in the crypto industry for 4 years and have rich experience in marketing and Game planning. I am also a research fan of Game + Defi, and I have been studying the commercial combination of the two before the Defi craze broke out.

MandyB: What does CryptoTycoon do? What is the vision of the project?

Yu Liang:Cryptotycoon is a DeFi light game platform based on the BSC smart chain. In the first game, players can spend the assets of BNB, BUSD and other BSC chains to buy dice and build houses on lots with different properties.

Cryptotycoon deeply integrates the attributes of DeFi + light game. Different from the deep chain game or traditional game on the market, Cryptotycoon pays special attention to the circular supply of CTT assets and the liquidity crunch in the product design. After the improvement between the two, Continue to serve players and market participants in order to maintain a positive balance of supply.

Our current plan is not only to do a single Defi light game, but also a package Defi light game platform, which is designed to deeply integrate Defi and Light games, and these games will be released over time and have a long-term impact on CTT.

MandyB: What makes Cryptotycoon different from other game projects?

Yu Liang:Compared to other chain games or mobile games on the market, Cryptotycoon does not set up special mining rights for early investors or institutions.

Some NFT games, for instance, they like to rare (can maximize the mining work force) of NFT card, on the management and its own address, or is some land games, they will get a better land, presented to KOL capital or community, which can obtain marketing or return on capital gains, but these are very short, It impacts the economic model of the product, reduces the longevity of the product, and is unfair to the player.

The initial positioning of Cryptotycoon is to lightly gamify the mature DEFI model products, so as to reduce the participation threshold of players and not worry about the problems in the economic model at the same time.

At present, Cryptotycoon is built on the BSC blockchain which is very friendly to participants' experience. BSC has a good ecological foundation and user experience, which can help us move in the right direction.

Mandyb: Can you explain to us, in basic terms, how the game works and what the rules are?

Yu Liang:In the first game of Cryptotycoon, each BSC player can generate a corresponding home, which has a total of 36 grids. In addition to the random event grid, there are 32 grids, and houses (computing power) can be built, including housing, shops, banks and institutions (rarity and computing power increase from the left). The mining power and tax will vary depending on the property.

There will be a 72-hour countdown after the player builds the house, and if they don't use BNB and BUSD to delay the countdown before the end of the countdown, the house will be demolished, just like Cloud Computing.

Players pay BNB and BUSD for delayed housing and enter a pool, which regularly distributes the BNB and BUSD in the pool to the address of the CTT held on the chain.

Mandyb: I find your economic model very interesting. Can you explain how it works?

Yu Liang:Yes, there is no doubt that the economic model is something that we are very focused on, and it (CTT) has use and governance purposes.

After that, there are four ways for market participants to obtain a CTT:

If a player invites another player to participate in the game, 75% of the CTTs that that player has spent in the game will be returned to the inviter (subject to change).

In addition, to ensure that the platform has a good deflation and distribution mechanism in the long term, the total supply of CTT is capped at 1 million pieces, and the on-chain transfer will directly destroy 5% of the transfer.

Builder can also use CTT to trade dice at a discount and upgrade the building level. At the same time, we also have a buyback program, i.e. 50% of the total revenue, will buy back the outstanding CTTs from the market.

Every time the CTT passes 10% in the market, all mines in the game will be halved, and each time a new 10% is reached, these halves will add up.

MandyB: When will the first light tour of Cryptotycoon start? Or is it going to go into private beta?

Yu Liang:The first light tour is expected to be released in the end of May or early June. This version is mainly used for user experience research and technical vulnerability discovery. Before the release of both the private and public beta versions, we will ask the audit institutions to carry out security tests on the parts involving smart contracts.

MandyB: When does the CTT come into circulation?

Yu Liang:We will start buying items in Julswap, BurgerSwap, Dodo, Mantradao, and others during the time of 20:00 May 20th to 21:00 May 21st. Travel will start when the items are bought in by Julswap, BurgerSwap, Dodo, Mantradao, and others.

MandyB: Has the CTT contract of Cryptotycoon been audited?

Yu Liang:Yes, safety is a big concern for us.

All of our on-chain contracts are going to be audited by an audit firm prior to release and we're going to start a bug bounty program that will offer BNB rewards to people who find technical issues

MandyB: While most CTTs are mined from games, do you have any plans for CTT flow mining?

Yu Liang:We plan to cooperate with the DEX platform to carry out liquidity mining activities. As long as users participate in the mining of CTT-BNB, they can obtain assets of the DEX platform, such as Julswap, Dodo and Burgerswap. We are communicating about the cooperation mining, but the time is relatively short. It won't take more than 15 days. It's kind of a collaborative activity.

We will announce the details and timing of liquidity mining later.

MandyB: Can you tell us where CTT will circulate in the future? What Dex or CEX do you have, and how do you appeal to users all over the world, not just to the current Southeast Asian market.

Yu Liang:We will launch in several places in the market. First of all, the circulation of Dex will be carried out in the evening of May 25th, including Pancakeswap, Burgerswap, Julswap and Dodo.

We are also working with CEX to confirm the launch (such as MXC, Bitmart, Gate, etc.).

As I mentioned earlier, we're not just doing Defi Light, we're doing a Sandbox-like Defi Light platform with a long run on BSC, so CTT will be an asset to our platform, and the platform and light games will continue to iterate and eventually pay back CTT in the long run.