Star Sharks - Create a community culture in the shark-metaverse

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AuthorAuthorVersaGames
GameGameStar Sharks
DateDate20 Mar 2022

StarSharks is more than just a game, it’s planned to be an entire ecosystem based on a Shark-themed metaverse. The goal of StarSharks is to create an entire ecosystem of NFT based games, which will allow the entire metaverse to utilize recognized NFT assets, each with unique value, in every game within the ecosystem. Included in the StarSharks metaverse will be an in-house marketplace system, an NFT renting system, a collection of games, and staking/liquidity pool protocols.

Introduction

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StarSharks is more than just a game, the vision of the team is to develop an entire ecosystem based on a Shark-themed metaverse. StarSharks aspires to eventually grow into an entire ecosystem of NFT based games, which will allow the entire metaverse to utilize recognized NFT assets, each with unique value, in every game within the ecosystem.

Included in the StarSharks metaverse will be an in-house marketplace system, an NFT renting system, a collection of games, and staking/liquidity pool protocols.

The StarSharks Vision

According to their whitepaper, these are the features that will distinguish StarSharks as a community driven and focused metaverse.

Co-Creation: Players and developers alike are encouraged to co-create content and gameplay using the “modular component technologies” that the StarSharks metaverse is built upon.

Universality: In-house developed NFTs that will be compatible with every game in the StarSharks metaverse.

Sharing: Most of the platform’s revenue will be distributed amongst the community, reward mechanics are explained below

Governance: When the community governance function goes live, users will be able to vote and determine community rules, voting power is proportional to the amount of locked tokens (veSSS) being held by the player.

Assets and Ecosystem

Tokens

  • SSS — The governance token. Authorizes stakers the rights to share the value of the StarSharks metaverse IP via DAO and gives voting power to holders that lock up these tokens. Locked SSS will be called veSSS.

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StarSharks SSS token
  • SEA — The game token. Used within the games of the StarSharks metaverse.

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StarSharks SEA token

Leasing system

  • To lower player entry barriers with the built-in NFT leasing market, StarSharks has a built-in leasing market that maximizes users’ interests with many StarSharks NFTs and makes the platform more accessible to those without a StarSharks NFT (other NFTs available for leasing will be offered in following games).

  • Users can list their StarSharks NFTs on the leasing market for others to rent and set the expected earnings and days of rental.

  • The rental time is capped at six hours a day, and StarSharks NFTs that generate less than expected earnings can continue to be listed on the market for renting.

  • The SEA tokens that a lessee earns in games will be partially granted to the lessor at a dynamically adjusted percentage of the SEA tokens earned to the lessor’s expected earnings.

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Flowchart of the StarSharks in-house leasing system, taken from their Whitepaper at https://static.starsharks.com/whitepaper/StarSharks_WhitePaper_2021.pdf
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Sharks for rent on the StarSharks Marketplace

Profit Sharing Systems

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Staking interface on StarSharks

Rewards for referring

  • Any referrer will be entitled to platform rewards of BNB, SEA and SSS based off their referee’s contributions for a period of 30 days

  • Simply give your referral code to a new player, and if they use it when joining a game, they will become your referee.

Rewards for staking

  • Stakers will share the majority of the platform’s earnings, which are from the following sources: A 4.25% fee will be charged for users who trade NFTs in the marketplace by the platform, 70% of the income from this channel will flow into the Staking Bonus pool. In addition to this, 30% of the SSS tokens that users spend to synthesize high-rank NFTs will flow into the Staking Bonus pool.

  • Stakers can lock up their SSS tokens in DAO. The locked SSS tokens are named as VeSSS. Stakes can choose a lockup period from 1 month to 4 years (available options include 1 month, 1 year, 2 years, and 4 years). If the lockup period is 4 years, the SSS : VeSSS ratio is 1:1, which means that 1 SSS token can be converted into 1 VeSSS; if the lockup period is 2 years, the SSS : VeSSS ratio is 1:0.5, and so on.

  • VeSSS holders will get real time withdrawable dividends from the platform on a weekly basis. The dividend amount is determined by the quantity of VeSSS held by the user and the platform’s earnings of the week.

StarSharks NFTs and future titles

Shark NFTs

  • Sharks, which are the characters players use to play the games, will have a variety of different “genes” that will diversify the appearance of their unique sharks. These are the main NFTs you will need to participate in the StarSharks metaverse.

  • For example, in the currently released game: StarSharks Warriors, the player’s Shark is made up of 6 different parts, the Head, Mouth, Dorsal, Tail, Ventral, and Neck. Each part is determined by the “Gene” NFTs that were used to synthesize the Sharks.

  • There will also be a variety of species of Sharks, including Tiger, Crocodile, Godzilla, Coryx, Rock, and Whale sharks. Each species has advantages and disadvantages over other species.

  • Skill cards will be used to determine what component will be equipped in each body slot and provides a corresponding skill to be used in battles.

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Example of a Shark NFT and its parts
  • Each shark is also defined by 4 attributes, Hit Points, Speed, Skills, and Morale. The way these stats are decided is not mentioned yet.

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Shark stats

StarShark Warriors

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PvE Adventure mode

StarShark Warriors is a turn-based card battler that utilises StarShark NFTs in PvP or PvE combat. Currently there are 3 different gameplay modes available

  1. Adventure mode — Players can experience the story and unlock new levels by completing adventure levels

  2. PvE battle — Players can choose an adventure level they have previously completed and freely battle there

  3. PvP battle — Both single player PvP and Team based PvP is available. Players will be matched according to their ranks.

Playing to Earn

  • Players can complete daily tasks to earn SEA tokens

  • Winners of PvP and PvE battles will also earn SEA tokens

  • Top 500 players each season will earn a huge SSS token bonus package!

Shark synthesis and upgrades

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Shark upgrades and synthesis

  • By spending SEA and SSS tokens, players can combine 2 existing Sharks, which will create a new Shark but destroy the original Sharks in the process. Genes from the original Sharks will be combined and a certain portion of those genes will be passed down to the new Shark.

  • The synthesized Shark will be of higher rank and generally stronger.

  • After a successful synthesis, there will be a cooldown period before that new Shark can be used in synthesis itself.

  • Shark synthesis ensures the decrease of the total number of SHARKS on the market, thus creating needs for new SHARKS. Sharks are sold through the official channels in the form of mystery boxes, which can be purchased with SEA tokens that players get from games. This is how the closed loop of consumption and supply is formed. This strategy is put in place to sustain the value of SHARKS and stabilize the price of SEA tokens.

Future Titles

There are 4 titles currently planned for future release, these are:

  1. Shark Raising Simulation: Where players will use equipment to raise and alter the Genes of Sharks. SSS and SEA tokens can be spent to purchase items that enhance your shark breeding efficiency and quality. Inheritance and mutations of attributes allow players to try and breed a Shark with rare features which may be worth a lot!

  2. StarSharks Land: Here, players will be able to interact and play with each other. Players can purchase land and build recreational zones such as battle arenas, they can also team up to invade other lands or defend their own to gain resources. Lands can be traded on the marketplace as NFTs

  3. Shark Racing: This will be a 3D 3rd person parkour racing game. The game uses Shark avatars that will gain advantages based on their attributes. Players have a chance to win rare cards during races, and top ranked players will earn seasonal SSS token rewards.

  4. StarSharks Cards: A turn based strategic card game. Cards can be collected as NFTs, acquired through Land, Racing, or trading on the marketplace. Top ranked players will earn SSS tokens.

Partnerships and investors

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StarSharks featured partners
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Investors of StarSharks

The StarSharks team has managed to garner an impressive amount of attention from investors. They have most recently secured backing from Binance Labs, the Venture Capital arm of Binance, one of the largest exchanges in the world. Notable partnerships also include Yield Guild Games, one of the largest NFT gaming communities in the metaverse.

Investors of StarSharks

The StarSharks team has managed to garner an impressive amount of attention from investors. They have most recently secured backing from Binance Labs, the Venture Capital arm of Binance, one of the largest exchanges in the world. Notable partnerships also include Yield Guild Games, one of the largest NFT gaming communities in the metaverse.

How to get started

StarSharks is on the Binance Smart Chain, one of the easiest ways to connect and start exploring would be to use Metamask, one of the most popular crypto wallets that is convenient to use and connects to a wide range of different blockchains! You will need to have BNB in your wallet for gas fees.

Once that is done all you need to do is purchase some SSS and SEA tokens, which you can use to then purchase or rent a StarShark NFT. You can follow this guide written by StarSharks themselves on how to do that.

That’s it for our brief overview of the StarSharks metaverse and what it holds in store for the future!

StarSharks is on the Binance Smart Chain, one of the easiest ways to connect and start exploring would be to use Metamask, one of the most popular crypto wallets that is convenient to use and connects to a wide range of different blockchains! You will need to have BNB in your wallet for gas fees.

Once that is done all you need to do is purchase some SSS and SEA tokens, which you can use to then purchase or rent a StarShark NFT. You can follow this guide written by StarSharks themselves on how to do that.

That’s it for our brief overview of the StarSharks metaverse and what it holds in store for the future!