BSClaunch Research: Shiba Saga
KEY METRICS
Category: NFT, Meme, Metaverse, P2E, AI, VR, Web3
Ticker: $SHIA
Blockchain Network: ERC-20
Token Supply: 10,000,000,000 Tokens
Project Valuation: 8,000,000 USD
Initial Token Circulation: 205,000,000 Tokens
Initial Market Cap: 255,667 USD
Total Raise: 3,040,000 USD
A. INTRODUCTION
1. PROJECT OVERVIEW
Launching on 22nd of August 2023, $SHIA will be the first MEME coin (with utility) to offer a collection of games (Saga) that share the same token. A collection of rebranded casual games that people already know how to play and love, done the Shiba way. Another first for the industry will be a complete on-chain system for upgrading/sharing characters and other collectibles (NFTs) across all of the Shiba Saga games. As part of an already large Shiba community, Shiba Saga aims to help grow the community even further and build a truly utility driven Shiba Metaverse. The team consists of veterans from both the gaming and blockchain industry with a clear vision to create an accessible and profitable Play and Earn (GameFi 2.0) ecosystem, abandoning P2E (play to earn) for a more sustainable model.
2. GO-TO-MARKET STRATEGY
B. PRODUCT DETAILS
1. PRODUCT DIVE
Currently in production and pre-production, is this collection of rebranded Shiba Saga games,based on the classics:
- Subway Surfer
- Temple Run
- Fruit Ninja
- Color Bump 3D
- Flappy Bird
- Pac-Man
- Candy Crush Saga
- Angry Birds
- Cross Road
- Tiles Hop
- Cut the rope
- Tetris
At the core of the Shiba Saga ecosystem are these (to be rebranded) classic and casual games. All games in the collection share an on-chain interconnected system where users can earn and spend the same $SHIA token across every game and with every new release. In addition, a character/collectible (NFT) unlocked in one game, will have its counterpart unlocked in the other games. With this design we aim to solve a shortcoming of video game production where our players’ collectibles and achievements will carry over between games. Our production pipeline will allow us to release one of these casual Saga games every quarter.
The Shiaverse — The Shiba Saga Metaverse
After the release of our first batch of games from the Saga, our team will start full production on the ShiaVerse, a VR metaverse where the NFTs collected by our users in the Saga games will truly come to life. A social hub with games and other activities where GameFi 2.0 will be implemented to the fullest to tie everything together. This is also the place where our user-driven, $SHIA based economy will live and where user-generated content (UGC) will be hosted. A truly first of its kind MEME metaverse, the ShiaVerse.
2. PROJECT ROADMAP
3. REVENUE STREAMS
In-Game Purchases
Token Purchases
Play-to-Earn Mechanics
Ad Revenue
Tokenomics Integration
Premium Features
Partnerships and Collaborations
Limited Edition NFTs
C. TOKEN ECONOMY
1. TOKEN UTILITIES
1. In-Game Currency and Rewards:
The token (e.g., $SHIA) can function as an in-game currency, allowing players to make in-game purchases, acquire virtual items, power-ups, and customizations. It can also serve as a reward mechanism for completing certain challenges or reaching milestones within the games.
2. Play-to-Earn Mechanism:
The token creates a play-to-earn system where players can earn tokens by participating in the games. This incentive structure enhances user engagement and rewards players for their time and skill investment.
3. Token Buybacks and Burns:
A portion of the profits generated from the mobile games can be used to buy back and burn the token. This process reduces the circulating supply, potentially increasing the token’s scarcity and value over time.
4. Ecosystem Sustainability:
The tokenomics, including buybacks and burns, can help create a sustainable ecosystem where revenue from game-related activities directly benefits the token’s value and overall ecosystem health.
5. Liquidity and Exchanges:
Having a token allows the project to be listed on various cryptocurrency exchanges, enhancing liquidity and making it more accessible for traders and investors. This can increase exposure and potentially attract more users to the ecosystem.
6. Community Engagement:
The token can foster a sense of community ownership and engagement. Token holders have a stake in the project’s success and can participate in governance decisions through voting or other mechanisms.
7. NFTs and Digital Assets:
If the project integrates NFTs, the token might be used to purchase or bid on these unique digital assets, enhancing the overall gaming experience and providing collectors with valuable and exclusive items.
8. Partnerships and Collaborations:
The token can facilitate collaborations with other projects, allowing for joint initiatives, cross-promotions, and token-based partnerships.
9. Expansion and Growth:
As the project grows and introduces new games or features, the token can serve as a foundation for a unified ecosystem that spans multiple games and experiences.
2. FUNDRAISING STATUS
Pre Sale
Fundraised: 3,000,000 USD
Price: 0.0008 USD
Lock-up: 2 months cliff, then progressive release over 2 months and 23 months of linear release
Public Sale
Fundraised: 400,000 USD
Price: 0.0008 USD
Lock-up: 100% released at TGE
3. USE OF FUNDS
Development, Marketing, Exchange Listings, MM, Influencers, Operations, Services costs such as game engine etc.
4. TOKEN DISTRIBUTION
5. TOKEN RELEASE SCHEDULE
D. BACKGROUND
1. TEAM
2. PARTNERSHIP
Project Partners
Ownity, Paycoin Capital, Edu3Labs, L2-Vendetta, AICrew, My Renegade.
ABOUT SHIBA SAGA
Launching on 22nd of August 2023, $SHIA will be the first MEME coin (with utility) to offer a collection of games (Saga) that share the same token. A collection of rebranded casual games that people already know how to play and love, done the Shiba way. Another first for the industry will be a complete on-chain system for upgrading/sharing characters and other collectibles (NFTs) across all of the Shiba Saga games. As part of an already large Shiba community, Shiba Saga aims to help grow the community even further and build a truly utility driven Shiba Metaverse. The team consists of veterans from both the gaming and blockchain industry with a clear vision to create an accessible and profitable Play and Earn (GameFi 2.0) ecosystem, abandoning P2E (play to earn) for a more sustainable model
Follow Shiba Saga on:
🔗 Website 🔗 Twitter 🔗 Telegram 🔗 Discord
About BSCLaunch
BSClaunch is a smart investment platform built on BNB Chain, an ecosystem launcher that provides a full suite of DeFi solutions, enabling projects to raise capital in a decentralized environment and the community to invest with safety, freedom, and equal opportunity.
Follow BSCLaunch on:
✔️ Buy $BSL token: PancakeSwap
✔️ Farming Pool: B-Farm
✔️ Staking Pool: B-Stake
