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To help our community better understand the Incentives Mechanism, we’ve prepared a series of explainers to explain each part of the incentives system

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The Zypher Universe and its Economic Intricacies

Aligned with Zypher Manifesto Principles

In adherence to the foundational principles outlined in the Zypher Manifesto, we present an in-game rewards mechanism that aims to foster a financially autonomous, self-sustaining gaming universe. This meticulously architected system pledges to create a resilient, autonomous, and adaptive incentives architecture that operates entirely on a blockchain. It embodies the philosophy of decentralized governance and community-driven management, capturing the quintessence of openness and participatory social management.

The Zypher Games incentive scheme is akin to the economic infrastructure of a nation-state, featuring elements such as monetary policy, fiscal strategy, foreign reserves, currency flow, and taxation. This well-crafted architecture aims to optimize the collective benefits for both the platform and its players, while affording the governance entity a moderate degree of authority for effective decision-making and policy implementation.

In this blueprint, $GP serves as the cornerstone currency, backed by either an $ETH/$BNB reserve or debt obligations. Alongside $GP, Zypher’s native NFTs and other forthcoming in-game assets will naturally and spontaneously mature, bolstering the entire economic framework of Zypher Games — from individual game incentives to the overarching Zypher Treasury. The system inherently finds a balance, influenced by variable factors such as tax rates.

Overall economic oversight and incentive alignments are democratically managed by the community and supervised by the Zypher Management and Budgeting Committee (ZMBC). The ZMBC is tasked with formulating monetary and fiscal strategies aimed at enhancing the platform’s overall well-being and optimizing the utility of $GP.

Key Points to Cover:

$GP: The lynchpin reserve platform currency/points, backed by a reserve of $ETH/$BNB or via debt obligations.
Debt Obligations: These fund marketing and community outreach activities and are backed by the platform’s taxation mechanism.
Tax Income: Imposed when players engage in gameplay or NFT transactions, contributing to the vitality of the platform’s economy.
Tax Income Allocation: Taxes are utilized to settle Debt Obligations or funneled into the Treasury to support marketing and operational activities if debts are cleared.
Profit Sharing NFTs: Players have the option to create these for a proportionate share of the platform’s earnings, supported by ETH reserves. The corresponding $GP used for minting is subsequently eliminated from circulation.

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An Overview of Zypher $Gold Points ($GP)

$Gold Points ($GP) are the cornerstone of Zypher’s economic architecture, functioning as the exclusive gaming token within Zypher’s Rewards System. $GP is designed to seamlessly integrate with Platform NFTs and any upcoming in-game assets, establishing the groundwork for a unified economic environment.

In its current iteration, $GP plays a pivotal role in virtually all economic and financial operations on the Zypher Games platform, with diverse use-cases that capitalize on its multifaceted functionalities. $GP circulates throughout the entire system, being exchanged for and into various assets — whether converted from $ETH/$BNB, minted into NFTs and subsequently burned, or transferred to the Treasury. Governed entirely by smart contracts, the circulation of $GP is transparent and verifiable on the blockchain.

Core Attributes of $GP

Unit of Account: $GP serves as the standard currency for scoring, ranking, and staking activities on the Zypher platform.
Universal Utilization: Designed for cross-game applications, $GP enables players to use the token effortlessly across a wide array of Zypher’s game titles, such as zBingo, z2048, zTCG, and Candy Crush. This guarantees a homogeneous gaming experience and standardized rewards.