The launch of BONE is, of course, aimed at assisting the development of the ICP ecosystem. It promotes the deflation of ICP by burning Cycles. In the future, the BONE project will introduce tokens from more ecological projects into the BONE gaming mechanism, further facilitating ecosystem integration.
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I think your explanation generally covers what we are currently doing, but there are some slight discrepancies. Letās clarify one by one:
First, essentially, miners compute hashes by consuming Cycles to obtain BONE, which aligns with the logic of burning ICP to acquire BONE.
Second, we use BONE and DOGMI as the tokens required for upgrades because, on one hand, we want to increase the utility of the BONE token, and on the other hand, we aim to enhance the integration between ecological projects. In the future, we will introduce tokens from more collaborative projects for upgrades.
Currently, BONEās deflationary mechanism is actually integrated with DOGMI and ICP. The deflation of BONE will lead to an increase in its value, which will encourage more users to consume ICP to deploy Miners and more users to consume DOGMI to upgrade Miners.
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- The article mentions deploying DOG Miners to mine tokens. Can you elaborate on what DOG Miners are and how players can deploy them? Are there different types of miners with varying mining efficiencies?
- The article mentions forming alliances with other players to mine together. How exactly do alliances work? Are there any benefits to forming an alliance, such as increased mining rewards or shared resources?
- Are there mechanisms for players to level up their DOG Miners or improve their mining efficiency? If so, what are the requirements or rewards for leveling up?
- Are there any resources, besides DOG Miners, that players need to manage or acquire to be successful in the game? For example, do they need to collect energy or fuel for their miners?
- Can players stake their BONE tokens to earn rewards or participate in governance decisions? If so, what are the staking rewards and governance mechanisms?
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- Can you explain how the tokenomics are designed to ensure deflation? Are there any mechanisms in place to burn BONE tokens?
- The article mentions BONE is funded by the DOGMI DAO treasury. How does this funding mechanism work? Does DOGMI DAO have any control over the BONE token price?
Hey mate, i want to ask some question. please reply if u
- The concept of a play-to-earn mining game on the Internet Computer blockchain is interesting. How do you see BONE differentiating itself from other similar games in the market?
- The DAO-funded model is a unique approach to game development. How do you think this model will impact the long-term sustainability of the BONE project?
Hey team bone, im interest to ask here. let me ask to u ok?
ill there be any in-game challenges or events that players can participate in to earn additional rewards or experience?
Can you provide more details about the projectās roadmap and timeline? When are the expected release dates for key features or milestones?
Hi dev, Iāll ask you something here.
Who are the key members of the development team? What is their experience in game development, blockchain technology, and decentralized finance?
We are optimistic that we will be able to sustain the growth of BONE ecosystem by building a kind of game that everyone will be excited to play couple with the PoW cycle burning mechanism that everyone in the ICP ecosystem are excited about.
There are three burn cycle to mint tokens currently on the ICP ecosystem but none of them have built a game around this initiative.
Our platform will be the first of its kind on the ICP ecosystem.
As for now, we donāt have any cooperation with them but we may look at possibility of partnership in the near future
The utility of BONE token is that it will always be used for upgrading DOG Miner from Copper Miner to Silver and Gold Miner.
DOG Miners are the playable character of the game and we have Copper, Silver, Gold and Diamond Miner.
You will need BONE token to upgrade to Silver and Gold and you will need DOGMI token to upgrade to Diamond Miner.
All the tokens used for upgrade will be sent to blackholed canister for burning and remove from the total supply of both tokens.
Forming an alliance is like having a mining pool and the benefit is that every members of an alliance will be able to share the BONE token that their alliance is able to mint.
You can improve the efficiency of your DOG Miner by upgrading it with BONE and DOGMI token.
The DOG Miner with the highest mining weight will be the Diamond DOG Miner, and notably, users will need to use DOGMI tokens to perform upgrade operations.
Miners will need cycles as fuel and they will be able to have it by burning ICP to obtain cycles.
You can only stake your DOGMI token to receive rewards and participate in governance but you wonāt be able to stake your BONE token as we donāt have plan for staking BONE token.
The mechanism in place to burn BONE and DOGMI token is the upgrading of game character.
BONE will be needed to upgrade a DOG Miner from Copper to Silver and Gold while DOGMI token will be needed to upgrade to Diamond Miner.
Any token used for an upgrade will be sent to blackholed canister and burn, thereby reducing the total supply of both tokens.
This project is being funded by DOGMI DAO and developed by the ICPEXC team. The funding is being done through the SNS proposal, and the project will be under the control of DOGMI DAO.
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Thank you for answering every question.
The replies are very helpful!!!
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