BoardGameToken (BOGA) Whitepaper

1. Introduction

  • About the Project: BoardGameToken (BOGA) is a play-to-earn ecosystem built on the Neoxa Blockchain. It allows players to earn tokens while playing their favorite board games, without any upfront investment. Players can join simply by creating a Neoxa Core Wallet.
  • Mission: Our mission is to enhance the gaming experience by integrating blockchain technology into board games, allowing players to earn rewards while enjoying their favorite games.

2. Problem Definition

  • Traditional board games do not reward players for their achievements or the time they spend playing. BOGA addresses this issue by offering a platform where players can convert their skills and time into earnings.

3. Solution: BoardGameToken (BOGA)

  • Play-to-Earn Model: Players can earn BOGA tokens by playing a variety of board games. These tokens can be used for in-game purchases or can be won in tournaments as rewards.
  • Features:
    • Free Participation: Simply creating a Neoxa Core Wallet is enough to start playing.
    • Decentralized System: All transactions are securely processed on the Neoxa Blockchain.
    • In-Game Economy: Earned BOGA tokens can be spent within the game for purchases.
    • Enhanced Competition: Daily, weekly, and monthly leaderboards will encourage competition among players. Special quests will also be introduced to enrich the gaming experience.

4. Tokenomics

  • Token Symbol: BOGA
  • Total Supply: 2.1 billion BoardGameToken.
  • Distribution Plan:
    • Tokens will be allocated for in-game rewards, airdrops, and tournament prizes.
    • A maximum of 720,000 tokens can be distributed daily.
    • Tokens spent on in-game purchases will be transferred to the developers.
    • Supply Control: To limit the circulating supply, developers can gradually reduce the number of tokens distributed and create price balance for in-game purchases.
    • Token Burn: If significant revenue is generated from in-game sales, a portion of the tokens may either be returned to the main wallet or permanently burned.
    • Ad Revenue Utilization: Developers may also use revenue generated from in-game ads to buy back circulating tokens and either burn them or transfer them to the main wallet.

5. Technical Details

  • Blockchain: Neoxa Blockchain.
  • Wallet Compatibility: Fully integrated with the Neoxa Core Wallet.
  • Security: The Neoxa network ensures the security of all transactions.

6. Roadmap

  • Q4 2024:
    • Airdrop campaign to foster community growth.
    • Start of the first game’s development.
  • 2025:
    • Expansion of the game portfolio.
    • Launch of reward-based tournaments for players.
    • BOGA token will be listed on cryptocurrency exchanges.

7. Future Vision

  • Our vision is to create a global gaming community by integrating a blockchain-based reward system into board games. By implementing daily, weekly, and monthly leaderboards and quests, we aim to enhance the gaming experience and foster competition among players. Through token burns, supply control, and the utilization of ad revenue to buy back tokens, we will ensure a balanced token economy, creating a sustainable ecosystem for both players and developers.