Markets

In-Game Market

The In-Game Market is the main funnel to capture USDC/T into the economy and convert it to OVC. The idea here is that players will exchange their time and USDC/T for in-game items and experiences satisfying their needs. All mercantile activity in-game will be specifically designed with in-game utility in mind as to not create a hoarding problem where certain whale players gatekeep content from other players. The main mercantile activity within the game is the P2P Marketplace, where players will be able to trade NFTs ↔ OVC which creates an opportunity for certain game items to appreciate in value due to their cosmetic or utilitarian value.

OVC ↔ USDC/T Swap Pool

The Pool main purpose is to become the connection point between all actors in the economy. The Swap is a Uniswap style pool that allows for natural token price discovery and a constant recycling of the OVC token in the circular economy. Per actor the integration points are as follows:

• Players: Every time the user needs OVC to perform actions in the game, they are abstracted from a Swap. On each swap, the fees would be priced in, and the resulting OVC would be paid to Obitus Games in exchange for the content or any other in-game premium experience.

• Traders: Traders have 3 main uses for the pool.

  • To provide liquidity for the pool in order to earn fees.

  • To swap any OVC to USDC/T when the token appreciates.

  • To trade LP tokens in the secondary marketplace as to value capture and speculate on the appreciation/depreciation of the economy.

• Obitus Games: As the game developer accepting OVC as the premium currency for in-game content, we are permanently “trading back” the token against content value. Obitus Games revenue sources are:

  • Earn permanently a portion of the swap fees.

  • Earn OVC on each P2P Marketplace trade.

  • Swap OVC for USDC/T.

Pool Parameters Proposal

Swap Fee: TBD

Obitus Games Fee Split: TBD

Liquidity Provider Fee Split: TBD