๐Ÿ’ฑBusiness Model

1. The Business Model Direction of CoreDoge

  • CoreDoge is a new platform of game that rewards players based on the time and effort they spend not only playing the game, but also contributing to the development of its ecosystem and encouraging community participation. This approach creates an economic model that promotes sustainable growth and addresses the issue of inflation.

  • CoreDoge operates a player-owned, real-money economy where in-game items and copies are not sold by developers. Instead, the game's creators concentrate on fostering a peer-to-peer economy. Revenue generated from marketplace fees, advertising inventory, and GameFi Launchpad is deposited into a Community Treasury, which is managed by CDC holders to determine its usage, such as buyback and burn, increasing reward pools, and expanding the GameFi ecosystem on the CoreDoge platform.

  • All in-game items are encoded as NFTs and 100% owned by the players, meaning they can be sold peer-to-peer and in decentralized marketplaces

2. Sustainable Economic Development

In the long term, the economy of CoreDoge will be sustained and developed through the addition of supplementary value to $CDC. This will create a relative balance between supply and demand to encourage usage and support for holding $CDC to ensure the sustainability of GameFi and prevent inflation.

  • Additional benefits for $CDC: CoreDoge will continuously develop new updates and improvements such as launching new GameFi on the platform, introducing new NFTs and Land in the Metaverse to the community. Staking $CDC will enable users to participate in other GameFi Launchpads on the CoreDoge platform with guaranteed token allocations. Additionally, $CDC serves as a transaction fee on the Marketplace and a means of payment for advertisers wishing to place ads on the CoreDoge platform. This ensures the long-term development of $CDC and increases the benefits for $CDC holders.

  • Comprehensive development: The development of CoreDoge will not only focus on horizontal expansion, but also on vertical expansion. For Flying CoreDoge, in order to progress in skill and increase earning potential, players need to own multiple NFTs and expand their NFT collection. However, this long-term motivation may not be the optimal strategy.

    Therefore, CoreDoge will diversify the games on the platform with the goal of serving as many game genres as possible for players and attracting more users. Initially, to optimize growth according to the economic design, it will depend heavily on new players and partly on advertisers. With more players, the volume of NFT transactions will increase, which will help the $CDC reserve fund grow and ensure the development of the entire ecosystem. This is because $CDC can circulate between different GameFi on the CoreDoge platform.

  • Advertising on the CoreDoge platform: Advertisers can place their brand's advertisements on the CoreDoge platform. Advertisers are required to purchase CDC tokens to use as payment for advertising fees. The funds received from advertising will be added to the reserve pool for token buybacks, burning, and additional rewards for GameFi on the CoreDoge platform. For advertising on CoreDoge, we primarily target web3 advertisers who have a need to introduce their new projects and can use a portion of their project's token as an additional reward for players on the CoreDoge platform. In addition, web2 advertisers, especially large brands, who want to reach the web3 user community can also choose to advertise on CoreDoge as an optimal option.

3. Source of additional funding.

When the CoreDoge platform develops sustainably with more users, we will have the opportunity to access more additional funding sources into the CoreDoge economy instead of between players themselves.

  • Advertising and sponsorships: When CoreDoge develops with a stable user base, this will be an opportunity for more token-sponsored projects to provide additional rewards for players from playing games on the platform, in addition to earning $CDC. Along with this is the amount of money that advertisers have to buy $CDC to pay for advertising fees, which has been mentioned.

  • Physical/digital merchandise: For NFTs - this is a special commodity that anyone who wants to participate in GameFi on CoreDoge must trade to start their #PlayToEarn journey. In addition, CoreDoge will also release physical products such as T-shirts, stuffed animals, and art paintings... for players who are long-term and passionate about CoreDoge. All revenue from these activities will be partly deducted into a shared reward pool for users.

  • Online and offline events: A strong CoreDoge community is what the development team aims for. From that, CoreDoge can organize online and offline GameFi tournaments on social media/streaming platforms, bringing revenue to the project as well as positively impacting the strong development of GameFi from #PlayToEarn tournaments.

For offline events, it will be a place to organize exchange events, competitions, and ticket sales for viewers to watch esports tournaments on the CoreDoge platform. All revenue from these activities will be distributed back to players.

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