Reddit

OWN – Phase 1: Introduction of Cryptos: Proof of Play


* At OWN, the platform will only release 3200 Genesis NFTs per Cryptonite Clan. The rest of the NFTs will be generated by the platform users. Hence, the population growth of NFTs on the platform will be controlled by the NFT owners. This will provide strong incentives and economic benefits for the platform users.

# “The population growth of NFTs on One World Nation will be controlled by the NFT owners”

* New NFTs on the platform will come via **Breeding of Cryptonites**. For the breeding purpose, a **Breeding coin (ERC-20)** will be required. Therefore, if a person has 2 Cryptonites and some Breeding coins, a third Cryptonite can be created…
* How will the Breeding coins be generated?Breeding coins will be generated at a fixed regular interval using a unique Proof of Play Concept. In Proof of Play, ‘Play’ is where the player will spend time playing mini-games on the platform and the ‘Proof’ is that a particular player has won the game.

Mapping this with the Proof of Work concept, the Proof of Play concept will have the following framework:

[Proof of Work vs Proof of Play](https://preview.redd.it/sc6mgy89hbw81.png?width=1400&format=png&auto=webp&s=23b2f7f9a88490ffb6caf04bfd70f41a1b413f7b)

* Any player who has an NFT in his wallet will be eligible to take part in Proof of Play.

1. Players will play mini-games at a regular interval.
2. Winners of the mini-games will get raffle tickets.
3. The winners of the raffles will get breeding coins.
4. The supply of Breeding coins will be controlled by the Demand / Supply curve. If demand is more than Supply then the Breeding coins generated per block will increase & vice-versa.

**Read more about this in our** [**medium**](https://medium.com/one-world-nation/phase-1-introduction-of-cryptos-proof-of-play-33ce0c12ebfb)**, and check us out** [**here**](https://www.oneworldnation.game/)**.**



View Reddit by OWNcryptoverseView Source

Leave a Reply

Your email address will not be published. Required fields are marked *