PlayerMint: Token System for Gamers

PlayerMint will be a free-to-play platform that rewards gamers with fungible and non-fungible tokens based on their gameplay performance.

Our team of 4 has a combined 45 years of experience in gaming and 10 years in blockchain. We've worked with EMURGO, E3, IGN, and IDG/GamePro

Further Context
PlayerMint works to create a more fun, rewarding, and social experience for all players via crypto-assets. For this reason PlayerMint will initially be built as a Discord Bot (Twitch Bot and Application to be built in the future). The PlayerMint Bot will enable Discord Server Owners to create micro-economies within their servers, creating a profitable experience for them and their communities. Users of the bot will be able to get paid to play Fortnite through payouts of PMX, PlayerMint's fungible token, which occurs automatically every 5 days. PlayerMint users will be able to collect and trade PlayerMint Collectibles (our NFT system) through PMX.
User Experience
1. Join/create a Discord server with the PlayerMint Bot in it
2. Create a wallet
3. Authenticate Epic Games Account (allows for tracking of in-game performance)
4. Play Fortnite
5. Receive payouts of PMX
6. Use PMX on PlayerMint Collectibles and more
Development Roadmap and Use of Funding
PlayerMint's development will occur in 2 phases. Phase 1 is the construction of the Discord Bot outlined in this proposal. 100% of the Catalyst funds will go towards PlayerMint's dev group Kromeon (https://kromeon.com/) to build Phase 1. Their development process is listed below. Phase 2 is PlayerMint's plans for the future. Phase 2 will be funded via future Catalyst rounds or with revenue from Phase 1. Phase 2 is included so that PlayerMint's long term goal and vision is apparent. Plans for phase 2 are described below.

- Phase 1 Development (14 Weeks) -
Initial Discovery Meeting // 2 Days // Completed
Determine Product Scope and PRD // 3 Days // Completed
Product Design // 4 Weeks // To Do
Product Development // 8 Weeks // To Do
Product Testing/QA // 1 Week // To Do

- Phase 2 Description -
PlayerMint becomes the mint of the metaverse. Later this year Fortnite is turning into what Epic Games CEO Tim Sweeny calls the metaverse platform, an open shared virtual environment to create and explore through something called Creative 2.0. PlayerMint will provide creators of all levels the ability to tokenize metaverse assets such as skins, virtual art, virtual concert tickets etc. In doing so, PlayerMint will become the value layer of the metaverse and turn Cardano into the metaverse economy blockchain. PlayerMint also plans to use Cardano's governance tools to create a decentralized treasury system so that PlayerMints processes and future can be determined by the community that supports it.
Business Model
The PlayerMint business model has been constructed with the sustainability and longevity of the project in mind. PlayerMint mints PMX every 5 days. This means the years supply of tokens are minted in 73 separate epochs. Each epoch 80% of the minted tokens will fund the prize pool for people to get paid to play. The other 20% of the minted tokens will be distributed to the PlayerMint Team. On the non-fungible side 90% of the initial sale of the PlayerMint Collectibles will go to the artist. The other 10% will go to the PlayerMint Team. PlayerMint will also take a 2% royalty on all aftermarket Collectible sales. The artist is welcome to set a royalty of their choosing. This business model aligns incentives between the PlayerMint Team and community. In order for the Team to have sustainable revenue the community must be receiving meaningful payouts of PMX and see reason to mint Collectibles.
Metrics of Success
1. Unique addresses holding PMX
2. Daily active addresses
3. Collectibles sale volume
4. Profit generated by gamers and Collectible creators
5. Total users across Discord servers which have integrated PlayerMint
6. Number of Discord servers with over 1k users that have integrated PlayerMint
7. Number of users in PlayerMint's Discord Server
8. Views across user generated content regarding PlayerMint
A Deeper Look into our Product (Features, Tokenomics, Mockups, and More)
https://docs.google.com/document/d/10_fTtCnK0M8ajR01Aty6hvnJK8Kw6lfG-L7TpAgbN-g/edit?usp=sharing
Check Us Out on The Cardano Podcast

https://www.youtube.com/watch?v=QwsjCvLooqQ