CHICKEY CHIK
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Multi chain approach

Chickey Chik will first be developed on the Binance Blockchain in Phase 1 and then in Phase 2 it will be moved to the Solana Blockchain, though Gamepay intends to follow a multi-chain approach and develop Gamepay’s own blockchain as well in Phase 3 at a later stage.

Token System

Chickey Chik is a dual token system. A SILK governance token and a Chiky in-game token will be released on the Binance blockchain in Phase 1. Holders of SILK can participate in decision-making regarding the protocol governance in the spirit of decentralization.
Having SILK tokens allows users to buy Chickeys and play the game. CHIKY Tokens are like experience points. Users receive them in return for activities like battling, and they can be used for things like breeding.

Chickey DEX

DEX is in-built into the platform. Any developers who want to onboard can use DEX as part of their game launch. It is a single AMM (automated market maker) DEX, so it provides liquidity for native tokens and users can buy the tokens from the DEX. Fees paid by users on the Binance-based DEX are used to buy back tokens.

Earnings for players

This is the part where the GameFi angle comes into play. Staking is one of the key functions for users. Another useful function is lending the NFTs. The borrower pays a small fee that can be used for the gaming. There are liquidity pools, so if anybody has a CHIK token, they can add it to the pool and earn money. Users earn rewards of two types that are used to mint NFTs. The tokens can be used on the in-built DEX as well.

NFT marketplace

In-game items like Chickeys and lands are all NFTs, which users and investors can buy with tokens. Whatever features and other stuff the platform launches can be bought on the marketplace. The platform charges 4% on each player’s sale of NFTs, a percentage of which is burnt. Some of the fees are sent to the treasury. Creating, selling, and lending NFTs of Chickey Chik in-game assets is allowed as well. The platform will charge fees for buying NFTs and provide discounts on buying with SILK tokens.

NFT breeding/minting

As the game progresses, players can build more NFTs. A single Chik is able to breed seven times. The platform charges fees for breeding in the form of SILK and CHIKY tokens.

ID Authentication

Concordium technology is used for ID verification. Decentralized identity is used to connect with Binance blockchain wallets.

Game launch

The platform has various flavours, like land, adventure, and more! The game has been designed to host player-versus-player and team-versus-team levels.

Earning model

Players earn points by playing at different levels. The platform earns by obtaining fees from transactions and advertisements from players who want to use the platform to reach out to other players.
The platform supports yield farming for gaming items. It entails renting or lending a high-value item to another player or friend within the gaming community by staking it to the platform. Gameplay takes its share during reward pay out and supports reward/profit sharing during the process.

Network Effect

We will create network effects through core developers entering our platform to develop games and users working together to grow the network (like miners and Bitcoins).
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Multi chain approach
Token System
Chickey DEX
Earnings for players
NFT marketplace
NFT breeding/minting
ID Authentication
Game launch
Earning model
Network Effect