Become a Polyflip partner and start earning!
Non-fungible tokens (NFTs) have skyrocketed in popularity over the last year. NFTs are blockchain-based digital items whose units are designed to be unique, unlike traditional cryptocurrencies whose units are meant to be interchangeable. NFTs can store data on blockchains — with most NFT projects built on the Ethereum blockchain — and that data can be associated with files containing media such as images, videos, and audio, or even in some cases physical objects. NFTs typically give the holder ownership over the data, media, or object the token is associated with, and are commonly bought and sold on specialized marketplaces.
In 2021, users have sent at least $44.2 billion worth of cryptocurrency to ERC-721 and ERC-1155 contracts, the two types of Ethereum smart contracts associated with NFT marketplaces and collections.
However, NFTs have been derided by some quarters as JPGs on the blockchain without any specific use cases. Detractors often point out the fact that while NFTs might hold value by themselves like stamps or Pokemon cards, they often don’t have a real-world impact and might end up being niche collectors’ items.
While you may agree or disagree with that perspective, the fact remains that any idea that could counter this argument with a functional, engaging platform would truly revolutionize not just the NFT universe, but real-world industries as well.
This is exactly Polyflip mission!
As well as stocks allow people to invest and own a small piece of a company, in the traditional finance, Polyflip will emit 1000 Partnership NFTs that gives the holders the property of the project Polyflip and a lifetime exclusive reward!
This reward will be secured by a smart contract, therefore no one will be ever able to eliminate or to change it. The amount of the reward will only depend on the success of the project, in a long term view.
But, what is Polyflip exactly?
Polyflip is a virtual and decentralized gaming platform, using a smart contract built on Polygon blockchain.
The platform introduces a unique gaming experience through the combination of both traditional core game and blockchain mechanics, that are aiming to create an interactive and full experience for the users.
Users can play Coinflip and double up their MATIC / ETH with 50/50 odds or play multiple Coins and win up to 16 times the pot. Every bet comes with a 2% fee, distributed as an Exclusive Reward to all Polyflip NFT holders.
The first game of the platform will be Coinflip (where NFTs get inspiration): the users will be able to play with their tokens on Polygon blockchain with a double or nothing mechanism, governed by the Polyflip smart contract which ensure transparency, fairness and fastness.
The randomness of the results is ensured by Chainlink VRF (Verifiable Random Function) that is a provably-fair and verifiable source of randomness designed for smart contracts.
The users have the possibility to choose the amount of the prize, by increasing the number of coins to flip simultaneously, up to 16 times the pot, without any probabilistic advantage.
These are the possible plays:
- Win 2 times the value of the pot with only one coin and 50% odds;
- Win 4 times the value of the pot with two coins and the 25% odds;
- Win 8 times the value of the pot with three coins and the 12.5% odds;
- Win 16 times the value of the pot with four coins and the 6.25% odds.
Once the user connects the wallet, he gets access to his/her private dashboard that shows:
- the player’s history and the game stats.
- a credit bonus balance, only in MATIC, where the users will receive special prices during the gameplay. More details in the next paragraphs.
- the polyflip points balance.
The holders of the Polyflip partnership NFTs will also find a dedicated section where they will receive their guaranteed weekly reward.
How are the rewards calculated?
Every bet placed on every game on the platform (Coinflip and all the other that will be implemented in the future) will have a 2% fee retained by the smart contract and that will be distributed accordingly to the following chart:
For the first period of time, Polyflip team will not keep any percentage of the gameplay fees in order to:
- secure more funds to our treasury house to keep the system sustainable;
- increase the maximum bet playable;
- reward the early supporters of the project who bought the NFT.
Our main focus is to bring value to our investors and our players in a long term view.
Got it! So, there are any other benefits for the holders?
The benefits for the holders of at least 1 of the 1000 Polyflip partnership NFTs includes, but not limited to:
- the possibility to receive weekly 1,5% of the total volume generated by the platform, as a reward in MATIC. The share per each NFT is calculated as the 1,5% of the total volume generated that week divided by the total number of NFTs. If more Polyflip NFTs are detected in the user wallet, the rewards in MATIC will be the sum of the rewards of each NFT.
- exclusive priority to future NFT projects related to other services that we will implement in the platform.
- the possibility to decide the new games of the platform
- be our partner in the development of the project that aims to become the leading gaming platform of Web 3.0
Ok, the holders have big perks!
What differentiate Polyflip from the other gaming projects?
Polyflip is a long term project built together with the community for the community. Our team is totally convinced that blockchain applications and adoption is only at their first step and that in the next few years most of the centralized services will be replaced by decentralized and fully transparent systems.
Our target is to create a sustainable protocol that can feed itself and reward from one side the NFTs holders and from the other side the most loyable users of the platform.
1. NFT prizes
As a reward to most loyal users, Polyflip will introduce two special editions of NFTs, as part of our ecosystem: a PRO edition and an ELITE edition.
- The NFT ELITE and the NFT PRO will be airdropped to players who achieve a certain amount of MATIC/WETH volume played on the platform. The amount will be disclosed once the platform becomes fully operative after a few weeks from the launch.
The benefits associated to the NFT ELITE and the NFT PRO will be:
- Fees discount for Polyflip games;
- Be whitelisted in new projects;
- Get exclusive access in new Polyflip initiatives (i.e. MATIC cashback, exclusive competitions to win a treasure);
These NFTs can also be exchanged on Opensea.
2. Play every token you want!
- Polyflip vision is to allow Polygon users to play freely, whenever they want and with every token they want!
Do you receive tokens from other projects and you would like to use it also outside their ecosystem? With Polyflip you can!
More information on this feature will be disclosed shortly after the mint.
3. Polyflip points
Each Polyflip user will accumulate Polyflip Points in proportion to the total volume played. Initially only MATIC and WETH token will be accepted:
- If the play is in MATIC, Polyflip points given will be 1:1;
- If the bet is in WETH, Polyflip points given will be: WETH Price/MATIC Price.
- If the bet is in another TOKEN, Polyflip points given will be: TOKEN Price/MATIC Price.
Polyflip points are not a token. The utility is hidden and will be revealed with the continuation of the project, but it is conceived to reward the platform users.
Phase 1 — Generate!
- Idea generation + Market research.
- Hire the team.
- Write the whitepaper and the roadmap.
Phase 2 — Build!
- Begin the marketing campaign and grow the community.
- Consolidate the NFTs design.
- Develop the smart contract.
- Develop the platform.
- Collaborate with Polygon NFT projects.
- NFTs Drop.
- Launch the gaming platform.
Phase 3 — Consolidate!
- Being audited by official auditors like Verichains.
- Implement 4 new games voted by the community.
- Start weekly leaderboard competition.
Phase 4 — Expand!
- Expand the platform on Binance Smart Chain.
- Platform token ICO.
- Create the roadmap 2.0 early Q4/2022.
Are you interested and would like to be updated on the project?