Cosmic Horizon — deeper view
Cosmic Horizon is a p2e strategy space-trading/conquest MMRPG.
The ultimate goal of the game is to earn funds through trading of resources or commodities, attacking other players, collecting tolls and many other means. These funds can then be used to buy better ships, upgrade planets, and generally to develop an arsenal with which one can enforce and maintain their presence in the game and attempt to dominate the quadrant. Greater resources allow players to control greater and greater areas of space.
We took a quick look at the gameplay at the last article, now let’s study other aspects.
Let’s look at Roadmap. The major part of work is done already.
Q1 2022
- Launch
- Discord
- Telegram
- Website
Q2 2022
- Stargaze NFT
- Private token sale
- Whitepaper
- Team expansion
- Community calls
- Twitter Spaces
- 3D Modelling
- Game mechanics
- Smart contract development
- CoHo to native chain
Q3 2022
- Passage 3D
- Starport distribution model
- Enable CosmWasm module
Q4 2022
- Commonwealth forum
- Cosmos Horizon Alpha testnet
Economics
In whitepaper we were to be provided by deep details of economics in a later paper.
As for now — Cosmic Horizon economics are structured to be robust combination of staking rewards, an innovative in-game economy (IGE) bootstrapping pool, as well as blockchain inflationary rewards.
Cosmic Horizon operates on a play-to-earn (P2E) model, whereby players will strategize, trade, colonize and battle to control strategic sectors of the cosmos–and earn rewards along the way in the form of CoHo tokens.
Genesis Distribution
At genesis, 100 million CoHo tokens will be minted and distributed to investors, Qwoyn Studios, the IGE bootstrapping pool, Qwoyn Foundation and airdrops across Cosmos. The next section covers token distribution and usage.
Fundraising and Market Offerings
Qwoyn Studios is raising some of Cosmic Horizon’s working capital by conducting a private token sale that will be used to cover ongoing development and operational costs. Qwoyn Studios’ goal is to sell 10 million of his COHO tokens. If the goal is not met, the remaining tokens will be distributed to non-sale quotas.
Non-Sale Allocations
Non-Sale Allocations will be distributed to Qwoyn Studios to ensure the longevity of the Cosmic Horizon project. These funds will also be used for team allocation, marketing, distribution of testnet his validators, and token swaps with current and future partners.
Breakdown of Non-Sale Allocations:
- Team Allocations — 12M COHO
- Marketing — 1.5M COHO
- Token Swaps — 2.5M COHO
- Liquidity Bootstrapping — 3M COHO
- Testnet Distributions — 1M COHO
In-Game Economy Bootstrapping Pool
An exciting component of Cosmic Horizon’s tokenomics is its IGE Bootstrapping Pool, which is leveraged to balance and support the dynamic in-game economics and Starport trading mechanics. From the genesis mint, 20M tokens will be permanently locked and staked. The resulting rewards from this pool will be distributed to a smart contract, which in turn provides an ancillary funding mechanism for Starports to enhance the gaming experience. You can read more about Starports in the “Celestial Arbitrage” section, later in this document.
Community Pool / Qwoyn Foundation
Cosmic Horizon team has created a community pool. From the genesis pool, 15M tokens will be distributed to the Qwoyn Foundation, which will in turn be dispersed to various Community Staking DAOs. As the funds are distributed to the individual DAOs, they will be permanently locked. Only the resulting staking rewards will be available for use. Of the 15M tokens, 5M will be controlled by the Qwoyn Foundation, while the remaining 10M are to be distributed to the Community Staking DAOs.
Airdrop
The importance of a successful and measured initial distribution of tokens to the broader community cannot be overstated. It is with this in mind that Cosmic Horizon will be modeling its airdrop mechanics on those of the markedly successful Cosmos project Stargaze. Of the initial 100M genesis tokens, 40% will be distributed as a protocol to protocol distribution and airdrops to the Cosmos, Osmosis, Juno, Stargaze, EVMOS and Regen communities..
What about COHO Inflation
Inflation is a proof-of-stake method of distributing funds to validators, in exchange for their contributions towards securing a given blockchain. The Cosmic Horizon chain will utilize inflation in a variety of ways, including the aforementioned inflationary rewards that validators receive. Another way we will be utilizing inflation rewards is by funding our in-game Starports, supporting a core gaming element known as celestial arbitrage
The inflation rate of Cosmic Horizon’s blockchain will begin at 45% and decrease over time via a commonly deployed Cosmos SDK mechanism. For example, if more than 67% of the total COHO tokens are bonded (i.e. staked) then the inflation rate will begin its descent toward 20%, over a period of 12 months. Conversely, if at any point the proportion of the blockchain’s bonded tokens fall below 67%, inflation will increase incrementally toward the maximum inflation rate of 45%.
Lockups
At genesis, much of the token supply will be either permanently locked, temporarily locked or bonded. As noted in the graphic above, 20M tokens will be permanently locked in the IGE bootstrapping pool. Additionally, and as described in the community pool section above, 25M tokens will be permanently locked in various DAOs after they are created.
This means that roughly 40% of the supply will be permanently locked at genesis. The private sale tokens acquired will be locked for either a 1 year or 3 year period
The Technology behind Cosmic Horizon
Cosmic Horizon is an independent blockchain built on the Cosmos ecosystem. Cosmos SDK will be used as the starting point for the blockchain, including but not limited to, the basic modules contained within it. The underlying technology will be enhanced with the use of Go modules, such as Cosmos SDK Groups Module, which allows nested governance within the chain and provides more robust gameplay. The eco credits module will also be utilized within the stack. This will allow the Cosmic Horizon game to have a real-world impact by providing players with the opportunity to contribute to positive ecological outcomes during their adventure.
Cosmic Horizon will also utilize EVMOS for smart contracts. This will allow our network to have versatility in economic design and the ability to provide in-game assets in the form of NFTs.
You can find official Discord and Telegram communities below.
