PIRATE

1. Project introduction

More robust competition

More opportunities to top the leaderboards through limited time events and challenges

Special rewards for players at the top of leaderboards

Group competitions so players don't have to always compete alone

Deeper gameplay, PvE, and PvP

Ability to fight other pirates for glory and riches

Team up with the other pirates to fight krakens and other deadly creatures

Attributes & classes on pirates that will influence how powerful they are

More difficult adventures with higher rewards (and risks!)

Customize and decorate

Decorate players' personalized island with their winnings from quests

Visit other islands from other players to get ideas and appreciate their beauty

Deck out players' pirates with their own hard-earned loot

2. Token application and distribution

Token application:

PIRATE is an ERC-20 token on Ethereum Mainnet and one of the first uses of the PIRATE token is to serve as a utility token for Pirate Nation.

PIRATE will be convertible to Gems (a non-transferrable in-game currency).

Over time PIRATE may be used for all sorts of fun and functional activities within the game, expanding the possibilities of players and guilds in crafting and customization, and providing access to exclusive tournaments and unique game modes or events.

- Incentives

- Staking

Token distribution:

The majority of tokens (>60%) are allocated towards the community, and ecosystem pools. The goal with this distribution of tokens is to empower our players, and for the community to be the largest recipients of PIRATE rewards.

At the time of launch, only a portion of the community & ecosystem allocations will be unlocked, amounting to 21.40% & 5.15% of the total $PIRATE supply, respectively.