# Mocossi’s story Please keep in mind that our white paper is a work in progress and will be updated as more information becomes available. ![](/files/6EZPSxEwSL5EGoLzA7eT) In 2048, advancements in science and technology enabled mankind to expand the search for interstellar planets in the universe. The search uncovered an Earth-like planet without any signs of humans and that is home to several intelligent alien species named Mocomon. After years of study, scientists found that the adorable inhabitants of this extraterrestrial space could coexist with earthly humans. Consequently, countries began sending more and more hooomans to inhabit the planet. As time passed, we entered a new evolutionary era, one in which we live in harmony and peace with our alien friends, the Mocomons. Building on this concept, we are delighted to introduce Mocossi Planet, a game where participants can play and earn by taking care of their virtual pets and participating in farming activities. Basically, the starting point for players is to raise and bond with their Mocomons like they would with their real pets. Strongly bonded relationships will be rewarded with ‘mood points’ that can be used to farm and deliver products. By engaging in farming activities, players will not only have fun but also earn in-game currency. Mocossi Planet is one of the first play-and-earn games on the Cardano blockchain. It is different from other traditional virtual pet games in that it incorporates both virtual pet and farming simulation elements and implements smart contracts in its in-game ecosystem. Apart from being entertained, players can earn real money as a reward for their contribution to the growth of our ecosystem (e.g., lands, houses, and Mocomons). # Our vision and mission Our vision is to build the first and the best virtual pet and farming game on the Cardano platform where players can have the best of both worlds: be entertained and earn extra income. At Mocossi Planet, we are committed to serving and enhancing the benefits of our stakeholders. We do this by providing a creative and enjoyable gaming experience to players and by creating protocols that allow all members to be involved in the development process while keeping in mind that Mocossi Planet is a play-and-earn game by the community and for the community. ![](/files/NuBl47nC2btXiLsfcLXi) # Why Cardano? **We believe in science, and the blockchain behind Cardano adheres to that.** The Cardano project came about in 2015 as a research project to examine how cryptocurrencies could be improved. It is the first blockchain to be built on thorough scientific principles *(1)*. So far Charles Hoskinson and his team have published over 140 papers *(2)*, laying a solid foundation for not just Cardano but cryptocurrency in general *(3)*. **Cardano blockchain requires reasonable gas fees to process transactions**. Cardano’s fee structure is designed to stymie fee explosion *(4)*, a problem we have seen with Ethereum lately. The average transaction fee on the Ethereum network skyrocketed from roughly $16 in May *(5)* to $63 in November 2021 *(6)*. In contrast, the average gas fee for Cardano was just around $0.3 during the same period *(7)*. **Cardano’s vision for a “decentralized Africa” is huge.** We are talking about 5 million students and teachers in Ethiopia who will soon acquire blockchain-based digital identities *(8)*. Moreover, Cardano blockchain infrastructure will provide affordable network nodes for 60 million Tanzanians to access sustainable internet through renewable energy *(9)*. One might wonder why Cardano’s vision for Africa has anything to do with us. Think about this: if Cardano delivers what it promises, it will soon dominate the Africa continent. Isn’t this something worth considering? While we could go on about the reasons why we choose Cardano, these reasons should suffice for now to remain optimistic about its future. Hence, we conclude this section with a strong belief that Cardano is the ideal blockchain solution for our GameFi project. *(1)* [*https://www.financemagnates.com/cryptocurrency/education-centre/coin-analysis-cardanos-scientific-basis-claims/*](https://www.financemagnates.com/cryptocurrency/education-centre/coin-analysis-cardanos-scientific-basis-claims/)\ *(2)* [*https://iohk.io/en/research/library/*](https://iohk.io/en/research/library/)\ *(3)* [*https://www.forbes.com/sites/stevenehrlich/2021/04/26/cardano-and-ethereum-founder-analyzes-the-newest-evolutions-in-crypto-and--blockchain-technology/?sh=62472d0e3e52*](https://www.forbes.com/sites/stevenehrlich/2021/04/26/cardano-and-ethereum-founder-analyzes-the-newest-evolutions-in-crypto-and--blockchain-technology/?sh=62472d0e3e52)\ *(4)* [*https://docs.cardano.org/explore-cardano/fee-structure*](https://docs.cardano.org/explore-cardano/fee-structure)\ *(5)* [*https://seekingalpha.com/article/4471627-yes-ethereum-has-gas-problem*](https://seekingalpha.com/article/4471627-yes-ethereum-has-gas-problem)\ *(6)* [*https://markets.businessinsider.com/news/currencies/ethereum-transaction-gas-fees-high-solana-avalanche-cardano-crypto-blockchain-2021-12*](https://markets.businessinsider.com/news/currencies/ethereum-transaction-gas-fees-high-solana-avalanche-cardano-crypto-blockchain-2021-12)\ *(7)* [*https://www.statista.com/statistics/1278720/gas-price-cardano/*](https://www.statista.com/statistics/1278720/gas-price-cardano/)\ [*https://phys.org/news/2020-07-albert-einstein-mediocre-h-index-bogus.html* ]()\ *(8)* [*https://africa.cardano.org/*](https://africa.cardano.org/)\ *(9)* [*https://cryptomode.com/cardanos-big-plans-for-africa/*](https://cryptomode.com/cardanos-big-plans-for-africa/) # Terms and definitions * **Mocossi:** a short form of Mocossi Planet * **Mocomon:** a general term for the species inhabiting the Mocossi planet * **Genesis Mocomon:** the first generation of any Mocomon species (e.g., ITO) * **Non-genesis Mocomon:** Mocomons born from the breeding mechanism (e.g., ITO2) * **Legendary Mocomon:** the rarest and most powerful form of Mocomon. * **Moshi**: our in-game currency (currency used to purchase utilities and receive rewards) * **$MCOS:** our project token ![](/files/ulUgWjG6FWIkc9kuHsv5) # Benefits for Mocomon owners Mocomon holders have several benefits that increase with time as the game develops. Previously, Genesis Mocomon holders enjoyed early access to the game, $MCOS token airdrops, in-game earnings, exclusive NFTs, and discounted lands. For non-Genesis holders, the benefits included in-game earnings, participation in the DAO, and the right to vote on whether or not the breeding feature would be added to ITO2. Nevertheless, while developing the game, we always think a great deal about how we could provide more benefits to our holders and players. Due to this, we decided to add more utilities to both ITO and ITO2. The table below illustrates the latest benefits for both ITO and ITO2 holders. ![](/files/f1RJ3dV8otAYSbOe5DQ6) Below are the common benefits for both ITO and ITO2 owners. Please note that although some of the benefits are similar, their magnitudes are different. * **Play and earn features.** As both ITO1 and ITO2 characters are playable, they can be imported into the game to play and earn (once it is ready to play). * **Participation in the DAO.** As a member of Mocossi’s decentralized autonomous organization (DAO), players determine the game's future through voting. * **$MCOS** **airdrops**. All ITO, ITO2 and land holders will be airdropped certain amounts of $MCOS if they keep their assets at the time of the snapshot. * **Whitelist.** First on the whitelist for land sales are wallets with ITOs. After all slots for ITOs have been filled, wallets with the most ITO2s will be considered. Public sales for non-ITO holders will then follow. * **Voting.** There will be 50,000 ITO2s born through breeding. When half of the number of ITO2s are generated, owners can vote to add the breeding feature to ITO2 (currently, only ITOs can breed). The creation of the third generation of ITOs will be our first significant governance decision together! Additionally, ITO holders are entitled to the following exclusive benefits that are not available to ITO2 holders: * **Enjoy early access to the game.** When our minimum viable product is released, the game will be available to randomly selected owners so they can test it and receive rewards. * **Purchase properties and lands at a discount.** These are features that can boost Mocomons’ moods and prepare them for future quests (including those in core game features and monthly challenges). Additionally, a high level of mood allows the Mocomons to earn more rewards. * **Level skipping.** ITOs can skip levels when they start the game based on how many times they breed. Therefore, they can earn sooner than those who breed less or never. * **Receive exclusive NFTs**, our tokens of goodwill to Mocomons’ owners. These NFTs will be distributed randomly to the wallets that possess the genesis Mocomons or to those who participate in and win out-of-game future contests (please note that these NFTs have no in-game utilities but only collectible values). # Gameplay Our game development process involves the following three phases: 1. Breeding 2. Mocossi Planet Game 3. PvP Please keep in mind that the ideas for the third phase are still being developed. We will update this section when more information becomes available.
# Breeding Every Mocomon consists of three parts: headwear, face, and body. As soon as 2 Mocomons mate and reproduce, the breeding algorithm will first decide if their offspring is legendary (0.01%) or regular (99.99%). ![](/files/atiKnF9liBp9pDnpaT4s) Every characteristic of a regular offspring has a 60% chance of inheriting either of its parents’ traits and a 40% chance of becoming mutated. In the second case, the average rarity point between the parents will be calculated first. The offspring will then be randomly assigned characteristics based on its parents’ means. In most cases, the mutated traits inherit the same rarity levels as the parents’ average rarity points. However, there is a small possibility that those hereditary properties might be less or rarer. Finally, a corresponding background will be added to the new Mocomon based on its rarity. Players need to pay a small fee for the system to breed their Mocomons (a detailed mechanism will be disclosed as more information becomes available). If two legendary Mocomons breed, they have a 20% chance of giving birth to a legendary Mocomon. If a legendary Mocomon is paired with a regular one, the possibility is reduced to 10% but is still higher compared to 0.01% in a regular Mocomon couple. ![](/files/OUzlLGYp89pZfJo6oYk8) For now, only genesis Mocomons (or ITOs) can breed. An ITO can breed a maximum of 10 times with a 7-day cool-down period in between. The rewards will increase with the number of times an ITO breeds. The number of second-generation ITOs (hereafter ITO2) is limited to 50,000. When half of this number is reached, ITO2 might be upgraded with a breeding function through community approval. We are currently working on developing a marketplace for those who want to lease and rent Mocomons for breeding. We anticipate that this will not be in place until Q3 2022. # Breeding fee ![](/files/Nxi13KitrJXCx6JKfZS5) To ensure our players have the most rewarding experience, we have always committed to investing all of our energy and resources into the project. In preparation for the breeding feature launch, our design team is working day and night brainstorming and executing new concepts for ITO2. In particular, it takes tremendous effort to create the legendary ITO2s since we must ensure that they look as cool as possible while still maintaining the characteristics of their parents. Furthermore, certain investments are necessary for front-end and back-end development, marketing, and content creation. When we dropped our first NFT collection in November 2021, 10,000 ITOs were sold out in 26 minutes. The mint price was 35 ADA for each ITO. At the time of writing, the current floor price is 280 ADA, and the all-time high was 330 ADA. Ideally, our fee structure will reflect the value of our project. If the breeding fee is too low for a good amount of benefits, then our project has been devalued. Therefore, after careful research and consideration, we have finally decided on the breeding fee structure listed in the table below. Please note that the cost is per ITO per breed time and is sorted by background. The fee will continue to rise with breeding frequency in an effort to regulate inflation. ![](/files/QCfdOyFnpwGJgaKKCiO5) The following examples illustrate the above table. The first breed fee for a blue-coral couple is 20 ADA but the fifth one for the same couple is 34.6 ADA. In the meantime, it will cost 27.5 ADA for a purple-yellow couple for the first breed and 68.4 for the seventh breed. # Mocossi Planet game ![](/files/TfjoI5WtmNlDa7q9VXm4) Mocossi Planet game incorporates both virtual pet and farming simulation elements. The starting point for players is to raise and bond with their Mocomons through the five main activities: feeding, bathing, boo-booing and sleeping and entertaining. Strongly bonded relationships will be rewarded with ‘mood points’ that can be used to farm and deliver products. Note that Mocomons are emotional creatures who demand love from their owners. Without enough attention and care, their mood is going to reduce over time. Thus, players must nurture and bond with their Mocomons daily to maintain the mood points. The more mood points a Mocomon has, the more farming ability it can get. Farmable mood points, ITO rarity, and Land rarity contribute to the reward function at different weights. At this phase, there are three ways to earn rewards: 1. Log in to the game every day to earn a daily bonus. This bonus will be forfeited every 24 hours. 2. Complete tasks such as farming, mining stone, and cutting wood. 3. Deliver products according to order board. ![](/files/DhmWFOs2vqrk4lVpkMOF) ![](/files/j5WPYdeQuXWfBGDJSVfs) *Please keep in mind that these ideas are conceptual and still under development. We will update this section when more information becomes available.* # PvP TBU # Our play-and-earn mechanism Centralized traditional games allow players to gain wealth by speculating on game features, such as characters, skins, and accessories. With our decentralized GameFi, players can also achieve the same (or even more). However, unlike centralized games where developers have complete control over the rewarding mechanism, our decentralized protocol aims for a transparent and non-manipulative rewarding protocol. Below are Mocossi’s play-and-earn protocols: * To start, players must own at least 1 Mocomon. In return for keeping their Mocomons healthy and happy, players will be rewarded with efficient mood points to farm and deliver products to earn in-game currency. * Players can breed their Mocomons and sell them on the marketplace or use them to earn rewards. They can also lease their Mocomons to other players for breeding and share in their profits. A detailed mechanism will be announced as more information is made available. * Alternatively, they can exchange our in-game currency Moshi for $MCOS tokens and stake them to receive interest on the staked amount. * Players can also earn in-game currency by logging in, completing daily tasks, and participating in monthly challenges. # Mocossi NFTs ![Mocossi Planet Land and House concept](/files/BD1fuujGDNsEKzksma2u) Mocomons, lands, houses, and accessories are Mocossi NFTs. They are limited in supply and can be transferred to players’ wallets or DEXs. With NFTs, players receive more rewards than they would from basic in-game items. Although in-game items can also be used to earn rewards, since they cost less than Mocossi NFTs, they cannot boost rewards as much. Mocossi NFTs and in-game assets differ in the following way: * There is a limit on the number of NFTs. * NFTs have policy IDs and collectible values. * Players receive more rewards with NFTs. * Players own NFTs both inside and outside the game. * Players can trade NFTs both in-house and on the market. ![Mocossi ITO NFT](/files/QxdxFZG0UJvTasQ9X3ug) # Introduction ![](/files/evc1U7RryQfg6eAaEFFv) $MCOS, our project token, is a native Cardano token that will soon be traded on exchanges such as Sundaeswap and Minswap. As part of the game itself, players can earn $MCOS when they play, stake, participate and lease. They can also purchase or sell game assets on our in-house marketplace with $MCOS. In this section, we describe $MCOS’s utilities and quantity, MOSHI, our plan to cope with inflation, $MCOS allocation, and the distribution mechanism. # $MCOS’s utilities Our goal is to increase $MCOS value while maintaining a healthy use of ADA in our payment system. In the end, $MCOS should serve as the primary currency of the entire ecosystem. Particularly, $MCOS will be our exclusive token for purchasing Mocossi’s NFTs, in-game currency, and upgrades. In addition, players can stake $MCOS for rewards or participate in the governance process. ![](/files/dBDD9hobbrnamuFTSeCq) Players can earn $MCOS through the following mechanisms: * **Play**. As mentioned above, players can play the game to earn in-game currency and exchange it for $MCOS. * **Airdrop**. By holding our NFTs, players are entitled to receive monthly airdrops, which run until August 2024 for ITO1 & ITO2 holders and August 2025 for landowners. * **Participate**. In the future, every time players participate in our governance decision-making through voting, they might receive a certain amount of $MCOS tokens as a bonus for their effort in building a stronger and more sustainable Mocossi Planet. * **Lease**. Holders can lease their lands and Mocomons to others and receive a certain amount of profit from the renting players. * **Provide liquidity on DEXs**. We will reward our $MCOS holders with $MCOS when they lock their tokens in our liquidity pool on Minswap. Besides, holders will also receive ADA and $MIN thanks to the operating mechanism of our strategic partner Minswap. # Quantity and estimated release schedule Upon launch, 20,000,000 (out of 1 billion $MCOS) will be in circulation, representing 2% of the total supply that will be available. See the graph below for an estimated release schedule. In general, $MCOS will be fully unlocked in 8 years, reaching one billion by Q4 2030. # Coping with inflation Inflation occurs when the value of currencies declines over time, causing the price of goods and services to increase. Does inflation, however, hurt us? That depends. While a low inflation rate can be beneficial to economic stability, a very low inflation rate is usually a sign that demand for our game is lower than it should be. Consequently, economic growth may be hindered. A recession may be triggered by both low and high inflation. On the other hand, a moderate inflation rate can promote a healthy game economy since demand increases when the economy grows (\*). When more $MCOS are unlocked through P\&E and airdrops, this spike in demand ideally drives up the price. Investors who invest in our NFTs and tokens will benefit as their investments will appreciate over time. During the initial stage of the game, our goal is to achieve a moderate inflation rate to boost our economy. However, it is impossible to predict the future, especially in the crypto market where things move much more quickly than they do in traditional markets. Therefore, to stave off high inflation, we plan to implement a burning mechanism in the future, in which a reasonable proportion of tokens will be burned. Source: *(\*)*[*https://www.downtoearth.org.in/news/economy/inflation-is-healthy-for-the-economy-but-too-much-can-trigger-a-recession-65058*](https://www.downtoearth.org.in/news/economy/inflation-is-healthy-for-the-economy-but-too-much-can-trigger-a-recession-65058) # Moshi Moshi is our in-game currency and represents our project token $MCOS. Through the use of a single token structure, we aim to ensure the sustainability of the game. To accomplish this, we limit the amount of Moshi to 1 trillion and allow users to convert Moshi to $MCOS at a constant rate of 1,000 Moshi to 1 $MCOS. ![](/files/ABHoTLpMYmRdFL7B4BqD) # Token distribution
Item% Old% RevisedQuantity RevisedTimeline
LBE2%2%20,000,000Unlock immediately (25 Jul)
Private sales5%5%50,000,000Postponed till further notice
Airdrop4%6%60,000,000Sep 2022 - Sep 2025
Treasury15%0%0Shifted to rewards
LP Farming2%5%50,000,000Unlock immediately
Team & advisors tokens locking15%12%120,000,000From Q4 2023 & unlock within 48 months
Staking14%0%0Shifted to rewards
Rewards33%60%600,000,000From Q3 2022
Project development fund 10%10%100,000,000Reserved, unlocked based on demand
Total100%100%1,000,000,000
After careful consideration, we have made the decision to redirect the allocation previously allocated to staking and treasury towards game rewards. Our primary objective in doing so is to significantly enhance user engagement. By allocating more towards game rewards, we aim to provide players with enticing incentives for their gameplay, thereby attracting and retaining a larger player base. Ultimately, this shift is intended to foster a more lively and dynamic gaming community. Furthermore, this reallocation serves the purpose of promoting a balanced and equitable gaming experience. By allocating rewards based on in-game achievements and performance, we ensure that players who invest their time and effort in the game are duly recognized and rewarded. This approach fosters a sense of fairness and motivates players to strive for excellence, ultimately cultivating a healthier and more competitive gaming environment. # Liquidity Bootstrapping Event (LBE) IMPORTANT: We would like to inform you that the exclusive LP pool has now been merged with the normal pool since the reward for both pools were identical. If you intend to stake your LP tokens, please ensure that you place them in the normal pool. The exclusive pool is no longer active for staking. Furthermore, we want to clarify that the functional NFTs from LBE will NO LONGER be required to stake your LP tokens These NFTs were specifically associated with the exclusive pool, which has now been merged with the normal pool. We launch our $MCOS token through a Liquidity Bootstrapping Event (LBE) on Minswap, through which 2% of the total supply will be distributed. A majority of revenue from LBE will be retained on this DEX while a small amount will be reserved for project development and risk management. A further 2% of the supply is reserved as rewards for LP farming to ensure high liquidity for the project (see Liquidity Pool). ![](/files/OegQPjCZLXiiYdVcECcE) ### Why LBE? The goal of an LBE is to make the token launch process fair for everyone regardless of the size of their portfolio. This standard facilitates fair price discovery, protects the reputation of new projects, eliminates bot manipulation, prevents whales from price manipulation, and offers a wide distribution of tokens. ![](/files/Armba5yPGE6Rdql1Vg4q) #### **Keep bots and whale manipulation at bay** Bots and whale manipulation are two of the most serious concerns about launching a token. We all know that bots can operate much faster than actual investors. Their ability to make purchases at the lowest price and dump them on supporters is impressive. Constant monitoring allows them to gain massive profits at the expense of our community. It is not uncommon for bots to snipe the initial list price of a token within seconds of it going live, screwing retail buyers and forcing them to pay more. Additionally, whales may decide to withdraw large positions at the very end of an LBE, causing the price to dump. This kind of manipulation, however, is virtually impossible under LBE restrictions, including, but are not limited to: * The price will only be determined at the end of the Discovery Phase and will remain the same for everyone. * A 25% withdrawal fee will be applied during the last two days of the event. **Fair Price Discovery:** MCOS/ADA will not have a set price upfront, rather the community will determine a fair price based on how much ADA is provided to the Liquidity Bootstrapping Pool during the LBE. To be specific, Mocossi Labs will supply 2% of the total token supply to the LBE, and users deposit ADA to this pool. Then a fair price is discovered based on the ratio between MCOS and ADA at the end of the event. During the LBE, Minswap's UI will display the MCOS/ADA pair's price. **Broad Distribution:** The LBE provides permissionless participation and low entry barriers, allowing users to participate with only ADA in their wallets. Everyone, regardless of his or her capital size, will be able to participate in the event equally, resulting in broader MCOS distribution. Even with the above benefits, users should take note of the potential price volatility as there is likely to be significant fluctuation during, before, and after the LBE. It is expected that the starting price will be very low compared to the current price and will adjust as the event progresses. Moreover, the price may also change significantly at the last minute. ### How does LBE work? Mocossi’s LBE consists of 2 main phases: **Discovery and Encounter**. #### Discovery Phase The discovery phase will last for 10 days, during which users can participate by providing ADA. Users who deposit ADA will receive 'mcosADA' to represent their contribution to the Liquidity Bootstrapping Pool (1 mcosADA = 1 ADA). In addition, as the event progresses, participants can claim back their ADA by returning the 'mcosADA' whenever they want. However, note that to prevent price manipulation, any 'mcosADA' redemption during the last two days of the event will be subject to a 25% fee. Consequently, if you deposit 100 ADA and redeem the 100 'mcosADA' within these last two days, you can only claim back 75 ADA. *The fair price ratio will be determined/discovered based on the ADA amount users deposit at the end of the Discovery Phase.* #### Encounter Phase Participants can redeem their 'mcosADA' obtained during the Discovery Phase for MCOS/ADA LP tokens equal to their share of mcosADA in the entire pool. A fixed conversion rate will be used at the end of the event to convert 'mcosADA' into MCOS/ADA LP tokens based on the MCOS/ADA ratio. Note that there is no time limit for redeeming LP (the Minswap's LBE limited redemption to 14 days). ![](/files/kblK9Yw93CId8EoLYL65) ### Incentives *To incentivize LBE participation, LBE participants will receive a functional NFT and a PvP NFT.* The functional NFT will act as a 'ticket' to participate in **the exclusive farm pool with higher APR and triple farm tokens** that Minswap operates (meaning participants will receive MCOS, ADA and MIN as rewards for staking). The exclusive farm pool is available only to LBE participants and later liquidity providers can not stake in it. Note that users can stake LP tokens to the exclusive farm pool only up to the amount they contributed to LBE. Additionally, the LP token amount will be encoded into the NFT's name. This means a wallet can only stake as many LP tokens into the exclusive farm pool as the amount encoded in the NFT's token name. However, the NFT will also be tradeable. In case a wallet contains two or more functional NFTs, the system will select the one with the highest value. To illustrate the whole process, consider this example: a user participating in the LBE with 1,000 ADA will receive 1,000,000 LP tokens at the end of the event, along with an NFT with the token name 1,000,000. The user can then stake 1M LP tokens into the exclusive farm pool. The PvP NFT is mainly reserved for PvP gameplay. Conceptually, with this NFT users can exchange for game assets in the PvP phase. There are 5 different types of PvP NFTs and 500 ADA is the minimum amount. Depending on the amount of ADA you deposit in the LBE, you can receive different types of PVP NFT that can be exchanged for game assets. In particular: * 500 ADA: Wooden chest * 2,000 ADA: Copper chest * 5,000 ADA: Silver chest * 10,000 ADA: Golden chest * 20,000 ADA: Diamond chest Note that the value of an NFT is determined by its ranking, such that: Diamond > Gold > Silver > Copper > Wood. We do not limit the maximum amount of ADA users are allowed to deposit, nor do we limit the number of PvP NFTs available on the market (as long as you qualify, you'll receive your respective PvP NFT). ![](/files/a5byOwsCwuXmuty9R9rT) # FAQ ### What is Mocossi’s Liquidity Bootstrapping Event (LBE)? Mocossi is the first project to implement the Liquidity Bootstrapping Event on Minswap Launch Bowl. The event consists of 2 phases: Discovery and Encounter. #### Discovery phase (10 days): * Deposit ADA to our liquidity pool on Minswap and receive mcosADA as proof. * If you wish to claim back your ADA, a 25% fee will be charged during the last two days of the event. #### Encounter phase: * Claim your mcosADA for MCOS/ADA LP tokens and bonus NFTs. * You can then either join yield farming for triple rewards or withdraw your ADA and MCOS. ![](/files/Uyqtf9UXqYyFxORanjwT) ### When does the LBE start? | Discovery phase: | Encounter phase: | | -------------------------------- | ------------------------------ | | Start: 14:00 15 Jul 2022 (UTC+0) | From 14:01 25 Jul 2022 (UTC+0) | | End: 14:00 25 Jul 2022 (UTC+0)\* | | \*To avoid price manipulation, starting from 14:00 23 Jul (UTC+0) until the end of the event, you will be charged a 25% fee when withdrawing from the liquidity pool. ### Where can I provide my ADA? [https://app.minswap.org/launch-bowl/mocossi\_lbe]() ### What wallets are supported? MinWallet (Mobile supported), Nami, Flint, Eternl, Typhon, GeroWallet ### What does the 25% fee on the last 2 days of Discovery Phase mean? A 25% fee will be charged if you swap mcosADA for ADA on the last two days in order to prevent last-minute price manipulation. Consider this example. In exchange for 100 ADA, you received 100 mcosADA on the first day of the event. During the last two days, you can only redeem 75 ADA for the same 100 mcosADA. ### What is mcosADA? We use mcosADA to track your share of the MCOS/ADA pool. Please KEEP this token until the Discovery Phase ends (14:00 25 Jul 2022). Then, you will be able to exchange mcosADA for MCOS/ADA LP tokens, which represent your share of the MCOS/ADA pool. If you want to withdraw your ADA by turning in mcosADA during the event, there will be a 25% fee on the last 2 days. ### What are the policy IDs? **MCOS**: 6f46e1304b16d884c85c62fb0eef35028facdc41aaa0fd319a152ed6 **mcosADA**: fb1f050de21989848f758c2afae425d23ecc877a27875edee1dfa9fc **MCOS/ADA LP token:** e4214b7cce62ac6fbba385d164df48e157eae5863521b4b67ca71d86 **Functional NFT:** efd7bd84c73fa01400d3c892365ce90b203981aab678bcffb6f3406a ### Is LBE the same as airdrop? Not at all. There is a massive difference between LBE and token airdrop. LBE requires users to deposit ADA to receive MCOS. Then, you can either stake for exclusive APR while receiving bonus NFTs or withdraw your tokens. The token airdrop, on the other hand, allows you to claim a certain amount of MCOS every month for free if you hold our NFTs. The token airdrop will follow the LBE. ### How will the price be determined? The price will completely be determined by the market based on the ADA amount users deposit at the end of the Discovery Phase. Let’s say the amount of MCOS available to the LBE will always be 20,000,000 (2% of the total supply). The price of MCOS would be 0.05 ADA if all users deposit 1,000,000 ADA at the end of the Discovery phase (1 MCOS = 0.05 ADA). Please take note of the potential price volatility as there is likely to be significant fluctuation during, before, and after the LBE. It is expected that the starting price will be very low compared to the current price and will adjust as the event progresses. Moreover, the price may also change significantly at the last minute. ### Is there a benefit to joining Discovery earlier in the 10-day period? Definitely. It might be risky to wait until the last minute to send ADA due to network congestion. Additionally, the entire community will benefit if more ADA is committed early, since the current price will be closer to the final price. ### What is triple reward farming? Staking MCOS/ADA tokens to either the exclusive pool or normal pool on Minswap will reward you with MCOS, ADA, and MIN. ### What are bonus NFTs? The bonus NFTs include a functional and a PvP NFT. * The functional NFT is the ticket to participate in the exclusive farm pool with a higher APR and triple farm tokens. This means you can not stake in the exclusive pool without this ticket because we want to make this pool available only to LBE participants and hence later liquidity providers can not stake in it. * The PvP NFT is mainly reserved for PvP gameplay. Conceptually, with this NFT users can exchange for game assets in the PvP phase. ### How do I receive the functional NFT? When the Discovery phase is over, you need to convert mcosADA to MCOS/ADA LP tokens in the Encounter phase. Then we will send you the corresponding LP tokens representing your investment in the first phase. Furthermore, you will receive a functional NFT with the LP token amount encoded in its name. For example, if you deposit 1,000 ADA, you will receive 1M LP tokens and an NFT named 1M. ### Is the functional NFT tradeable? Yes. In case a wallet contains two or more functional NFTs, the system will select the one with the highest value. ### How much can be staked in the exclusive pool? A wallet can only stake as many LP tokens into the exclusive farm pool as the amount encoded in the NFT's name. As an example, you participate in the LBE with 1,000 ADA and receive 1M LP tokens along with a functional NFT named 1M. If you possess 1.2M LP tokens plus the aforementioned NFT, you are only permitted to stake 1M LP tokens in the exclusive farm pool. The NFT must be staked along with the LP tokens and will only be returned to you when you unstake. IMPORTANT: We would like to inform you that the exclusive LP pool has now been merged with the normal pool since the reward for both pools were identical. If you intend to stake your LP tokens, please ensure that you place them in the normal pool. The exclusive pool is no longer active for staking. Furthermore, we want to clarify that the functional NFTs from LBE will NO LONGER be required to stake your LP tokens These NFTs were specifically associated with the exclusive pool, which has now been merged with the normal pool. ### The amount of ADA we put into LBE will determine the type of PvP NFT we get, right? There are 5 different types of PvP NFTs and 500 ADA is the minimum amount. Depending on the amount of ADA you deposit in the LBE, you can receive different types of PVP NFT that can be exchanged for game assets. ![](/files/ODmfnbLHfnVDoGdxukVJ) Note that the value of an NFT is determined by its ranking, such that: Diamond > Gold > Silver > Copper > Wood. We do not limit the maximum amount of ADA users are allowed to deposit, nor do we limit the number of PvP NFTs available on the market (as long as you qualify, you'll receive your respective PvP NFT). ### Is there a support channel? The primary support channel is on Minswap’s discord. Please make sure you create a ticket there. You can contact us after 24 hours if you don't hear back, we're working very closely with Minswap to ensure everyone has a smooth experience. # Private sales Our private sales are intended for organizations, institutional investors, and private holders of our NFTs (ITO1, ITO2, and lands). These sales result from our desire to diversify different types of investors, thereby ensuring the project's sustainability and attracting new investors to help the project grow. We plan to hold the private sales once we identify a number of quality institutions that could assist the project in going mainstream. Upon reaching our goal, we will announce the date for the private sales. In order to be transparent with our holders, we will publish information about these organizations and institutions. To address concerns regarding the price of $MCOS being highly fluctuated after private sales, we plan to implement a vesting schedule for 36 months. This is intended to prevent the injection of large amounts of $MCOS into the market at once, thus reducing the value of our tokens. Detailed mechanisms will be updated as more information becomes available. *Please note that this is conceptual and can change based on market conditions and information available to us at the time. The changes (if any) will, however, be clearly communicated to our holders.* # Airdrop Each user holding our NFTs (ITO1, ITO2, and land) at snapshot times can claim a certain amount of $MCOS. 3% of the total supply will be allocated to ITO1 holders, 1% to ITO2 holders, 1% to land holders. The remaining 1% is reserved for other airdrop purposes. For ITO2 holders, the amount of $MCOS received for each ITO2 varies based on the number of ITO2s born at the time of the snapshots. Players will no longer be able to receive airdropped $MCOS after the snapshot period as this amount will have been fully distributed. Initially, the airdrop period is from late June through December 2022 and is divided into several blocks. However, we have extended this period to 2 years. This extension is primarily intended to benefit our long-term holders, LBE participants, and ensure the project's sustainable growth. Check out the revised airdrop schedule and note that you can claim your airdrops anytime between September 2022 and August 2024.
Airdrop date (ITO1 & ITO2)%SupplyAmount ($MCOS)Accumulated amount ($MCOS)
01-Sep-220,167%1.666.6671.666.667
01-Oct-220,167%1.666.6673.333.333
01-Nov-220,167%1.666.6675.000.000
01-Dec-220,167%1.666.6676.666.667
01-Jan-230,167%1.666.6678.333.333
01-Feb-230,167%1.666.66710.000.000
01-Mar-230,167%1.666.66711.666.667
01-Apr-230,167%1.666.66713.333.333
01-May-230,167%1.666.66715.000.000
01-Jun-230,167%1.666.66716.666.667
01-Jul-230,167%1.666.66718.333.333
01-Aug-230,167%1.666.66720.000.000
01-Sep-230,167%1.666.66721.666.667
01-Oct-230,167%1.666.66723.333.333
01-Nov-230,167%1.666.66725.000.000
01-Dec-230,167%1.666.66726.666.667
01-Jan-240,167%1.666.66728.333.333
01-Feb-240,167%1.666.66730.000.000
01-Mar-240,167%1.666.66731.666.667
01-Apr-240,167%1.666.66733.333.333
01-May-240,167%1.666.66735.000.000
01-Jun-240,167%1.666.66736.666.667
01-Jul-240,167%1.666.66738.333.333
01-Aug-240,167%1.666.66740.000.000
Airdrops for land will start from 1st October 2023 and last for 2 years. See below for the schedule. You can claim your airdrops for land anytime between October 2023 and September 2025.
Airdrop date (Land)%SupplyAmount ($MCOS)Accumulated amount ($MCOS)
01-Oct-320,042%416.667416.667
01-Nov-230,042%416.667833.333
01-Dec-230,042%416.6671.250.000
01-Jan-240,042%416.6671.666.667
01-Feb-240,042%416.6672.083.333
01-Mar-240,042%416.6672.500.000
01-Apr-240,042%416.6672.916.667
01-May-240,042%416.6673.333.333
01-Jun-240,042%416.6673.750.000
01-Jul-240,042%416.6674.166.667
01-Aug-240,042%416.6674.583.333
01-Sep-240,042%416.6675.000.000
01-Oct-240,042%416.6675.416.667
01-Nov-240,042%416.6675.833.333
01-Dec-240,042%416.6676.250.000
01-Jan-250,042%416.6676.666.667
01-Feb-250,042%416.6677.083.333
01-Mar-250,042%416.6677.500.000
01-Apr-250,042%416.6677.916.667
01-May-250,042%416.6678.333.333
01-Jun-250,042%416.6678.750.000
01-Jul-250,042%416.6679.166.667
01-Aug-250,042%416.6679.583.333
01-Sep-250,042%416.66710.000.000
Once the claim period has expired (i.e., after August 2024 for ITO1 & ITO2 and September 2025 for land), you will no longer be able to claim and receive your airdrops. Unclaimed amounts will then be added to the game's reward pool. Airdrops for ITO1 and ITO2 started on 1st September 2022 and will end on 1st August 2024. Airdrops for land will start on 1st September 2023 and halt on 1st August 2025. The snapshots will be taken monthly on 28th August.
# LP Farming Liquidity refers to how easily $MCOS can be converted into ADA. A low liquidity level means that the market is volatile, making it easier for a few individuals to manipulate prices. Therefore, we see the need to maintain a high liquidity rate that can produce several advantages (\*): * High liquidity and high trading activities are more likely to facilitate an equilibrium price that is acceptable to most people. * High liquidity ensures $MCOS’s price is stable enough to withstand large orders. * High liquidity allows for greater accuracy in technical analysis since price and chart formation is more refined and precise in a liquid market. In order to achieve the aforementioned liquidity rate, we will reserve 5% for LP farming rewards to incentivize our liquidity providers. Source: *(\*):* [*https://b2broker.com/news/cryptocurrency-liquidity-and-finding-the-best-liquidity-provider/*](https://b2broker.com/news/cryptocurrency-liquidity-and-finding-the-best-liquidity-provider/) # Team tokens locking & advisors Tokens belonging to our team and advisors are locked in a contract with instructions to release an equal amount monthly. We have delayed team token unlocks for a year (Q4-2023 instead of Q4-2022) to maintain fairness for our holders as the airdrop period is extended further, ensure the project's long-term growth, and demonstrate our team's commitment to the project. Below is the revised vesting schedule. The first release begins in October 2023 and is unlocked monthly over a 48-month period. **Vesting schedule:**
Date%UnlockAmount ($MCOS)Accumulated amount ($MCOS)
Oct-230,250%2.500.0002.500.000
Nov-230,250%2.500.0005.000.000
Dec-230,250%2.500.0007.500.000
Jan-240,250%2.500.00010.000.000
Feb-240,250%2.500.00012.500.000
Mar-240,250%2.500.00015.000.000
Apr-240,250%2.500.00017.500.000
May-240,250%2.500.00020.000.000
Jun-240,250%2.500.00022.500.000
Jul-240,250%2.500.00025.000.000
Aug-240,250%2.500.00027.500.000
Sep-240,250%2.500.00030.000.000
Oct-240,250%2.500.00032.500.000
Nov-240,250%2.500.00035.000.000
Dec-240,250%2.500.00037.500.000
Jan-250,250%2.500.00040.000.000
Feb-250,250%2.500.00042.500.000
Mar-250,250%2.500.00045.000.000
Apr-250,250%2.500.00047.500.000
May-250,250%2.500.00050.000.000
Jun-250,250%2.500.00052.500.000
Jul-250,250%2.500.00055.000.000
Aug-250,250%2.500.00057.500.000
Sep-250,250%2.500.00060.000.000
Oct-250,250%2.500.00062.500.000
Nov-250,250%2.500.00065.000.000
Dec-250,250%2.500.00067.500.000
Jan-260,250%2.500.00070.000.000
Feb-260,250%2.500.00072.500.000
Mar-260,250%2.500.00075.000.000
Apr-260,250%2.500.00077.500.000
May-260,250%2.500.00080.000.000
Jun-260,250%2.500.00082.500.000
Jul-260,250%2.500.00085.000.000
Aug-260,250%2.500.00087.500.000
Sep-260,250%2.500.00090.000.000
Oct-260,250%2.500.00092.500.000
Nov-260,250%2.500.00095.000.000
Dec-260,250%2.500.00097.500.000
Jan-270,250%2.500.000100.000.000
Feb-270,250%2.500.000102.500.000
Mar-270,250%2.500.000105.000.000
Apr-270,250%2.500.000107.500.000
May-270,250%2.500.000110.000.000
Jun-270,250%2.500.000112.500.000
Jul-270,250%2.500.000115.000.000
Aug-270,250%2.500.000117.500.000
Sep-270,250%2.500.000120.000.000
# P\&E/Reward $MCOS will be distributed as rewards when the MVP version of the game is released. $MCOS can be converted from Moshi, which can be spent and earned through the following activities and more: * Farming and order fulfillment * Completing quests * PvP * Leaderboard and tournaments # Project development fund Reserved for project development and will be used if needed, such as marketing, investing more funds in the game studio, or hiring more talent. # Sustainability Continual growth and maintenance are the keys to our project's sustainability. This involves several aspects, including Moconomics, Governance, Community Quality, Transparency, Scalability and Expansion, as well as Multiple Income Streams.
### Moconomics MCOS is at the heart of our token economy. It is a utility token that allows access to our services such as paying for breeding fees and service/marketplace fees. The Moconomics are designed to strengthen the game economy over time. For example, to make trading $MCOS easier, we ensure high liquidity on DEXs. Moreover, airdrops will be distributed in parallel with the game's development over a two-year period. In addition, as a way of demonstrating our commitment, team distribution will be unlocked over 48 months. ### Governance The role of governance is to represent voting power when it comes to important or community decisions. $MCOS and Mocossi NFT holders can decide what will happen in the future. Currently, we are developing a DAO mechanism that allows participants to vote and view results on the blockchain at their convenience. The first governance decision that awaits our community is whether ITO2 can breed. In the future, we hope to involve our community in more governance decisions once this system is up and running smoothly. However, rather than putting every decision into governance, we are developing criteria to distinguish between governance, strategy, and day-to-day operations. DAO voting will only be conducted on those that satisfy the governance criteria. ### Community building The goal is to engage with our community as much as possible. This helps us gain the community's trust and loyalty, which is essential for our success. Furthermore, we will continue to grow our community through marketing and communication, collaboration on projects, ambassadors, partnerships, and potential opportunities wherever they arise. ### Transparency Transparency is a key determinant of building trust with our community and investors. Investing in a project shouldn't make anyone feel wired or suspicious. As a result, we will publish our wallet addresses (team locking contracts, burning wallet and game rewards wallets) on our website to ensure complete transparency for our investors. Furthermore, we are developing an MCOS Dashboard that gathers and reports all $MCOS related data and activities, including total $MCOS distributed, team lock status, game rewards, airdrop activities, etc. ### Scalability and Expansion Scalability refers to our ability to adjust to changes in demand without compromising performance. It is our goal to develop a system that is scalable and can handle an increased load without compromising quality. A freemium feature could be activated once the game is established, so non-holders can play for free and gain interest. It is only optional to buy our NFTs. Those who wish to play with Mocossi NFTs will be able to afford the game through the scholarship program. Through this program, renters share a small proportion of their in-game rewards with the respective NFT owners. ### Multiple Income Streams
If a crypto project fails to generate sufficient revenue to cover its expenses, it will eventually run out of funds. When this happens, it will either cease operations or attempt to raise additional funds. For our project to be sustainable, we intend to generate a variety of income streams through the following means: * Marketplace transaction fees * Breeding fees * ADA staking * Sponsorship program * Merchandise * Royalty * Collectible NFTs (no in-game utilities) * Revenue from freemium mobile games * In-app and website advertising # Policy ID ITO1: 5d5b205252b9f5016422d0eace869d7fd45074a4ea4b6c1dc78d1705 Collectible Christmas ITOs: d8f509072dcaa7c87d4a47dbf512f939838113a36d12ae73b6101866 Mocossi Collectible Series: 5ccef4a926c65c7ae2910056383a285b354340350cac37b552b51e4e Magic Pill(s): d4473a78ae992ed6d95299e7177b45c8053d5db5495467a29ff0c780 ITO2s: 4c3f8a1773b7813e537a75f7b1b2897996bdc0e1d6d7d0c11252e252 Mocossi Lands: 0af69d267670bfc1bea2c591b95131688b201f499310360e52cee812 MCOS: 6f46e1304b16d884c85c62fb0eef35028facdc41aaa0fd319a152ed6 mcosADA: fb1f050de21989848f758c2afae425d23ecc877a27875edee1dfa9fc MCOS/ADA LP token: e4214b7cce62ac6fbba385d164df48e157eae5863521b4b67ca71d86 Functional NFT: efd7bd84c73fa01400d3c892365ce90b203981aab678bcffb6f3406a Mocossi PvP NFT: 2d17e602ae7d06b64ff4ac15aa8d6cae6a342db1cabb78adb999b8c2 # Disclaimer This document does not constitute a contract, nor does it guarantee the future value of $MCOS, a utility and governance token. We reserve the right to amend this document at any time without notice. Trading advice is not included here either. Cryptocurrencies in general, and NFTs in particular, are highly volatile, and the risks associated with them are more significant than any other investment. Thus, users should do their own research and take special caution to secure their investments. We bear no responsibility for any loss or collateral damage from users’ decisions. # Last updated date * March 15th, 2022: updated “Benefits for Mocomon owners” and added: “Breeding fee” * April 17th , 2022: added “Moconomics” * July 20th , 2022: updated “Mocossi’s Story”, “Gameplay”, “LBE”, “Private sales”, “Airdrop”, “LP Farming” * August 4th, 2022: updated “Airdrop”, “Team tokens locking & advisors” * September 20th, 2022: add “Sustainability” * July 6th, 2023: updated “Token distribution”