Introduction to Space Nation (OIK)
Space Nation is a science fiction-themed MMORPG (Massively Multiplayer Online Role-Playing Game) that integrates innovative technologies such as blockchain, NFTs, and AI, dedicated to creating an open, immersive virtual universe. Players will take on the role of spaceship captains in this universe, exploring the stars, engaging in battles, managing the economy, interacting with other players, and eventually building their own space civilization.
To support this vast ecosystem, Space Nation has launched the OIK token, which serves not only as a means of payment within the game but also carries the core functions of economic incentives, governance voting, and ecological development. The design of the OIK token aims to establish a decentralized, self-driven Web3 gaming ecosystem, ensuring that players’ contributions are fairly rewarded while also guaranteeing the sustainable development of the game.
Image:https://spacenation.online/whitepaper/
Space Nation ecosystem
Space Nation’s ecosystem consists of multiple core components, collectively building a complete virtual world:
- Space Nation Online: Core MMORPG game, providing rich gameplay such as open world, combat, missions, trading, etc.
- NIO/AI First Mate: AI-driven personal assistant to help players manage their ships, missions, and resources.
- NFT Market: Supports players to freely trade in-game assets such as spacecraft, equipment, characters, etc.
- Decentralized Autonomous Organization (DAO): Key direction of game development decided by OIK token holders through voting.
- Subgame ecosystem: including shooting, tower defense, trading card games (TCG), and other gameplay modes, enriching the gaming experience and creating more OIK value.
- Cross-media IP: Space Nation plans to launch animations, novels, TV series, etc., to expand its worldview.
OIK Token Economics
The OIK token is the core of the Space Nation ecosystem, not only as a payment tool in the game, but also as an important pillar for ecosystem development and governance.
1. The core function of the OIK token
OIK tokens mainly serve the following three functions:
- Incentive Mechanism: Rewarding players and ecosystem contributors to promote community growth.
- Payment methods: used to purchase equipment, props, and game services in games and NFT markets.
- Governance Rights: OIK holders can participate in DAO voting and collectively decide the future of the game.
2. The usage of OIK token
The specific uses of the OIK token include:
- Game rewards: Players can earn OIK through tasks, battles, exploration, and other means.
- NFT Trading: OIK is the primary payment token of Space Nation Marketplace.
- DAO governance: Holding OIK can obtain veOIK, used for voting and ecological governance.
- Ecological incentives: support game developers, community contributors, and content creators.
- Staking: OIK staking can earn additional rewards, such as POC (Proof of Contribution) bonuses, market trading dividends, etc.
- AI Economy: AI agents can use OIK for autonomous trading and decision-making in games.
Image:https://spacenation.online/whitepaper/tokenomics/oik
The distribution and release mechanism of OIK token
1. Token Allocation Overview
The total supply of OIK tokens is allocated to different categories according to the table, and the allocation of each part is as follows:
- Gameplay (Game Rewards): 440,000,000 coins, accounting for 44%
- Ecosystem: 100,000,000 tokens, accounting for 10%
- Marketing (Marketing): 100,000,000 coins, accounting for 10%
- Seed/Seed+ (Seed Round): 122,000,000 tokens, accounting for 12.2%
- Private Sale (Private Placement): 13,000,000 tokens, accounting for 1.3%
- Advisor: 40,000,000 tokens, accounting for 4%
- Team: 160,000,000 tokens, accounting for 16%
- Liquidity: 25,000,000 coins, accounting for 2.5%
2. Token Unlocking Mechanism
(1) Game rewards (Gameplay - 44%)
- TGE (Initial Issuance): 24,250,000 coins
- Unlocking rules: 24,250,000 tokens unlocked at TGE, the remaining portion released linearly monthly, decreasing annually, lasting for 120 months (10 years).
(2) Ecosystem Development (Ecosystem - 10%)
- TGE Unlock: 10,000,000 coins
- Unlocking rule: linear unlocking for 18 months
(3) Marketing - 10%
- TGE Unlock: 25,000,000 coins
- Unlocking rules: TGE releases 25%, followed by 10%, 10%, 10%, 5% sequentially, and the final 5% is released linearly until completion.
(4) Seed round (Seed/Seed+ - 12.2%)
- TGE Unlock: 0 tokens
- Unlocking rules: 6-month cliff period, followed by 24-month linear unlocking.
(5) Private Sale - 1.3%
- TGE Unlock: 0 tokens
- Unlocking rules: 3-month cliff period, followed by 24-month linear unlocking.
(6) Advisor (Advisor - 4%)
- TGE Unlock: 0 coins
- Unlocking rules: 6-month cliff period, followed by 24-month linear unlocking.
(7) Team - 16%
- TGE Unlock: 0 coins
- Unlocking rules: 12-month cliff period, followed by 18-month linear unlocking.
(8) Liquidity - 2.5%
- TGE Unlock: 25,000,000 coins
- Unlocking rules: TGE all released
Image:https://static.spacenation.online/assets/litepaper.pdf
OIK token economic model
OIK adopts the Proof of Contribution (POC) mechanism to measure the contributions of players and developers, and allocate OIK rewards based on contributions.
1. Proof of Coverage mechanism
- Gaming Activity: The exploration, battles, and completion of tasks by players will affect the POC score.
- NFT assets: Players holding specific NFT assets can receive additional POC rewards.
- Community contribution: Content creators, KOLs, and developers can earn OIK through contributing to the growth of the ecosystem.
- Staking: Staking OIK can increase POC score and income.
The PoC mechanism ensures the fairness of rewards and encourages long-term participation rather than short-term speculation.
2. OIK Value Cycle
The OIK economic system maintains value stability through three major cycles:
- Consuming OIK: in-game payments, NFT purchases, AI trading, etc. increase the demand for OIK.
- Staking OIK: pledging, DAO governance, NFT asset freezing reduce market circulation.
- Repurchase OIK: A portion of the ecological benefits of Space Nation will be used to repurchase OIK, supporting the token’s value.
Conclusion
Space Nation (OIK) is not just an MMORPG but an open and decentralized digital universe. With its innovative token economy, NFT assets, decentralized governance, and AI technology, Space Nation is reshaping the Web3 gaming ecosystem. For science fiction enthusiasts, Web3 players, and crypto investors, the OIK token and the Space Nation ecosystem present an unprecedented opportunity. If you wish to be part of this space adventure, now is the best time to join!
