SIPHER

1. Project introduction

Sipher is a multiplayer looter shooter ARPG, set in a dream-like universe of alien worlds.

Users can explore, battle, and forge thier future in Sipheria through the use of surrogates – digital lifeforms created in the image of transcripts from creatures from the old world.

Sipherian Odyssey lets players buy, trade, acquire, and sell commodities and items as a core element of its gameplay. Each of Sipheria's multiple worlds has a unique distribution of limited resources, all of which can be gathered and utilized in deep crafting systems. Users can consume resources gathered or bought from other players to craft equipment and sell the items users create to grow their fortune, allowing players to drive the state of the in-game economy.

The Sipher ecosystem is designed to be progressively owned, contributed, operated, maintained and upkept by the community consisting of its players, guildmasters, streamers, fans and builders. SIPHER is designed to be the tool for distributing the value of and power over any particular operational instance of the Sipher Vault.

2. Team introduction

Founder: Tin Nguyen

https://www.linkedin.com/in/asktinnguyen/

3. Investment institution

Arrington Capital, Hashed, Konvoy Ventures, Defiance Capital, Signum Capital, Dragonfly Capital, CMT Digital, BitKraft Ventures, Delphi Digital, Alameda Research, Fenbushi Capital, Sfermion, Hyperchain, GBV, Kyber Network, Coin98 Ventures, YGG, Merit Circle

4. Application and distribution

Token application:

SIPHER is the multifunctional governance token of Sipher Universe, with applications both in-game and in the real-world policy.

- It is required for the cloning creation of new characters, the marketplace transaction fees for in-game items, and the purchase of special items from the Sipher Laboratory

- It can be used for staking for Sipher Vault Governance and earn staking rewards, incentivizing all participants that contribute to the Sipher Universe

- It will be distributed through sales during Seed, Strategic and Public Sales. Following that, SIPHER will be distributed to those contributing to the game ecosystem

Token distribution:

Game Incentives & Marketing - 30.4%

Team & Advisors - 25%

Foundation & Reserve - 14%

Seed Sale - 11.3%

Strategic Sale - 5%

Promotion & Partnerships - 0.3%

Listing & Liquidity Rewards - 10%

Public Sale - 4%