Staking Platform

"In Development"

The Project will be working with the ADA Anvil Development Agency in relation to its staking platform and some of the highlevel design elements are set out below:

NFT STAKING (Phase 1)

Non-custodial staking platform - tokens $EIGHT and $MAPS

Over all tokenomics [TBC]

Maps token ($MAPS)

• Passively generated for holding a Pirate NFT

• Rarity of pirate NFT determines the rate of distribution of $MAPS

• Family Crest determines distribution of $MAPS

• Distribution rate of $MAPS amplified by Kraken status

• 4 x $MAPS needed to complete treasure map for a voyage (depending on difficulty)

Pieces of Eight ($EIGHT)

• Initial airdrop to community [TBC]

• Earned as treasure through voyages and Treasure Hunts

• Used to purchase $MAPS

• Used to purchase OTK digital assets through project Market Place

• Liquidity pool rewards

• Used in mini-games (example Liar's Dice)

• Used to purchase OTK merchandise

• General Utility and in-game token (cosmetics, repair ships, upgrade ships etc)