๐ข Tabi Mission 4 has started on Intract
Uncover upcoming @Tabichain projects & be an early bird to play & earn!
This is your LAST CHANCE to earn $GG tokens & secure a Whitelist Spot for the Captain Node Sale!
๐ฎ ๐ : https://t.co/TzhxZBGbki
AIRDROP ANNOUNCEMENT:
[ZAAR Unboxing]
Airdrop Phase 0, Unboxing ZAAR allocation of tokens!
[Launch of Airdrop Phase 1]
- Questing
- 3-Tier Referral Rewards System
Starts: 6th May, 2pm UTC
https://t.co/SGi4iHMjfr
More information ๐
You wonโt want to miss this!
[ZAAR Unboxing]
Those that qualified for Phase 0 Airdrop can Unbox their ZAAR allocation of tokens!
Note: You will not receive it in your wallet until our TGE [Token Generation Event]
[Launch of Airdrop Phase 1]
- Participate in 'Quest Raiding'
Everyone can participate, complete quests, earn XP, convert into Tokens at the completion of the entire airdrop season campaign.
- 3-Tier Referral Rewards System
The 3-Tier referrals chaining XP, code redemption earns points for all involved, up to three levels deep.
[ONLY Ordzaar Pass holders]
Will be given access and ability to generate referral code on day 0.
[Non-pass holders]
Won't be able to generate a code unless they have used someone's referral codes & Subsequently some anti-gaming quests are put in place before they can generate their own codes.
How does it work?
Level 1 - 1200 XP For level 1 referrals, when a non-holder redeems the code, both parties score 1200 XP.
Level 2 - 600 XP At level 2
When your friend generates their own code and a new referral is redeemed, you earn an additional 600 XP.
Level 3 - 300 XP By level 3
Every new redemption from your initial referrals share rewards you with another 300 XP, keeping the rewards rolling.
Congratulations on making it this far!
You've just uncovered one of the key announcements we've been teasing:
Our team at @Ordzaar has been building @OdinSwap a premier Runes Swap.
Swap & Earn Protocol [COMING SOON]
แขแแแพแแนแแ แ แขแฑแแแ แฑแขแพแแฑ แนแแแแ แแพแทแฑ
ORDZAAR PASS HOLDERS this is for you:
We are excited to announce an additional bonus allocation of 3.2 million ordzaar tokens distributed equally to all 2,100 Ordzaar Pass holders for the Phase 0 Airdrop!
Note: This is purely just from Phase 0 Airdrop, not including other allocations that we have yet to unveil. MORE INCOMING!
- This allocation is equivalent to revealing the maximum tier of Zaar Boxes (Mythical).
- The tokens allocation are tied to individual Ordzaar Passes, selling the pass will result in loss of the tokens.
- Tokens will only be redeemable during our TGE [Token Generation Event]
Join our Discord to find out more about Ordzaar Pass Overview & Holder Benefits!
Official Discord: https://t.co/WKBCknLlB7
Bullish on builders! ๐ง
1. @Ordzaar partners w/@OKXWeb3 to launch Ordinals & Runes WORLD TOUR events driving adoption!
2. @OdinSwap an AMM RUNES Swap Coming Soon!
3. Ordzaar Pass now INTEROPERABLE with @unisat_wallet & @GeniiData platforms!
๐จ Attention ๐จ
Tabi Summer Mission 3: Voyager II is LIVE on Intract!
Join the adventure, earn $GG, & set sail for new horizons!
Ends 10th June: https://t.co/lYz2yjxuTU
The entire gaming ecosystem seems to be lagging behind more popular narratives like AI and memes.
Study teams who are still actively building behind the scenes - one of those includes @Tabichain, the first modular gaming chain built with Cosmos stack that includes interoperability and multi-vm compatibility.
Below I expand on this new gaming L1 and their novel blockchain architecture while exploring their innovative token mechanics and cover how you can get ready for its launch.
#G_G
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1. TLDR
โข Tabi is a modular gaming chain built using the Cosmos SDK with multi-VM compatibility (EVM, SVM or MoveVM) enabled by PolymorphismVM.
โข It uses a ParallelBFT to enable parallel consensus to achieve 4x faster consensus.
โข Introduces a novel $veTokenomics mechanism for the gaming L1 to align all key stakeholders though bribes and vote gauges.
โข GTM includes starting with Asia to onboard the 1.5b gaming population + tap on rich IPs and cultural powerhouses.
โข $TABI token and mainnet launch is scheduled to launch in Q3 2024.
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2. Blockchain Architecture
โข Omni execution layer: Polymorphism VM with multi-vm-compatibility (EVM, SVM, MoveVM) + easy onboarding for traditional developers as they can build using any traditional languages and frameworks.
โข Modular consensus layer: ParallelBFT consensus is used to propose and organise blocks in parallel. This allows >200k TPS per instance with instant finality and parallel execution.
โข Modular security layer: Service can choose to use protocols like @eigencloud or @babylon_chain to enable shared security.
โข Parallelism Sharding: dApps or games deployed as a standalone service + independent node (customise their own consensus mechanism and execution environment).
At the core of it all lies an economic model designed for sustainability + growth, aiming to incentivise users, developers and node operators which will be covered below.
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3. Collaboration over Competition
With the PolymorphismVM, a key component of the Omni Execution Layer, Tabi enables traditional developers to use any crypto native VMs or create custom runtime environments with any language and framework (mimicking traditional development run-times).
Key Features:
โข Enhanced UX: Customisable gas tokens and payment methods to simplify signing and onboarding.
โข Flexible Credentials: Supports various login methods, including wallets, DIDs, and SSO logins.
โข Language Agnostic: Allows development in any language and framework.
Mass adoption and integration
PolymorphismVM simplifies blockchain development by removing complex concepts like gas fees and private keys - this hopefully promotes mass adoption of gaming devs.
It also enables other chains to support diverse language environments, easing the transition for traditional developers. Through the Omni Execution Layer, Tabi connects games across different chains into a unified gaming ecosystem, fostering collaboration over competition.
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4. Token Details
The ticker for Tabi is $TABI with a max supply of 10b, and 40% of it will be allocated to node mining rewards.
(a) Token utility
โข Native gas token on Tabi L1
โข Muh governance
โข Staking to get $veTABI
โข Incentives
(b) Staking
โข $veTABI: Token holders (community) can lock $TABI for $veTABI for gauge voting on the Tabi ecosystem (similar to Curve) โ> top voted games get higher rewards incentivising game developers.
โข Supervisor Nodes: $TABI can also be staked with supervisor nodes to earn block rewards.
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5. Flywheel Effect
With their tokenomics structure, Tabi effectively creates a twin-flyweel effect:
โข $TABI and $veTABI strengthens ecosystem participation from both the community and developers to promote a healthy economy.
โข All stakeholders are incentivised to be active and participate in the ecosytem โ> aligning everyonesโ interest.
โข $veTABI gives users voting rights to support their favourite games. The flywheel: users vote on top games โ> better games built โ> distribute more rewards to users โ> more users enter the ecosystem.
The in-economy flywheel kickstarts a bigger flywheel for Tabi: as more users and better games enter the ecosystem โ> Tabi can attract the best games + vampire attack games from other ecosystems โ> this brings in even more users + node operators + game developers which increase the demand for $TABI + stake $veTABI for more voting rights โ> token does well which will increase the value for $veTABI and continue the in-economy loop โ> on-chain revenue is also directed to game developers which ensures sustainability.
This brings the concept of bribes and vote gauges popularised in DeFi to the gaming ecosystem, another strategy compared to doing a vanilla NFT mint and gaming token launch.
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6. GTM
โข Start with Asia where there is a huge gaming culture with rich IPs and cultural influences (e.g. anime).
โข Asia also has 1.5b gamers (half of the entire worldโs gaming population) and China, Korea and Japan remains powerhouses of games.
โข Onboard strategic partners such as incubators + Asia-based gaming studios + gaming guilds.
The Tabi testnet + Voyager campaign is currently live for users to interact with the chain.
There are currently ~20 games building on Tabi as of current time of writing. These games have raised from large investors such as @animocabrands, @Sfermion_ and @TheSpartanGroup:
โข @gabby_world_
โข @Wizzwoods_game
โข @cradlesio
โข @degen_game
โข @Anome_Official
โข @genki_cats
โข @heroguys_io
โข @crazyantsonline
โข @WandererGamefi
โข @KeplerHomes
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7. Traction
โข About ~20 games onboard that will be deploying on Tabi.
โข Leveraging other ecosystemsโ communities to find PMF (e.g. Tabiโs first incubated + flagship game @Wizzwoods_game, is currently in testing on the @berachain testnet).
โข Tabi testnet: Over 20K DAUs, 4m wallets and >86m transactions.
โข Launched the Voyager campaign aiming to bring more users to the ecosystem through social media onboarding + invitations.
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8. Valuation Comps (30 May 2024)
With recent L1 fundraises, we expect Tabi to raise a fundraising round at a valuation between $200-$500m FDV. Exploring a tier 1 listing strategy would imply a minimum $1b FDV upon listing.
Comping it against other gaming L1s:
โข Immutable ($IMX): $3.3b MC / $4.5b FDV
โข Beam ($BEAM): $1.3b MC / $1.6b FDV
โข Ronin ($RON): $980m MC / $3b FDV
There is definitely (potential) significant upside for Tabi with the right execution, but must be noted that incumbents already have traction with users + games + developer community. Tabi would have to offer something exceptionally different to vampire attack different stakeholders to their ecosystem.
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9. How to Participate in Tabiโs Campaign
(a) Wallet setup
โข RPC network name: Tabichain 1.0
โข RPC URL: https://t.co/oKpEkKAXyN
โข ChainID: 9789
โข Symbol: TABI
(b) Get started
โข Request for testnet tokens: https://t.co/yiAOw92UAG
โข For devs, deploy contracts at https://t.co/jkI6DHY3Fe and for users they can participate in the Voyage campaign at https://t.co/WAhbU9BA2T
โข Testnet explorer: https://t.co/ACUiHqdcq3
(c) Tabi Voyage Campaign (airdrop campaign)
โข Sailorโs Quest (Discord + Twitter activities)
โข Invite quest (inviting friends to join the campign https://t.co/WAhbU9BA2T)
โข Reddit Quest (onboard Reddit community)
More details here: https://t.co/1OSvsOCYKq
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10. Personal Thoughts
(a) Upsides
โข Beyond technical innovations, Tabi tries to introduce a sustainable economic model through user and developer alignment though its twin flywheel model.
โข Users and developers are seamlessly integrated with validator nodes (Supervisor Nodes) and this is powered by an incentivised governance mechanism ($veTokenomics).
โข Backed by big brands such as Binance Labs (potential entry into listing) and Animoca Brands (distribution + biggest gaming investor).
โข Differentiation amongst other gaming chains through being the first Cosmos gaming chain + $veTokenomics flywheel + partnerships with Eigenlayer + Babylon Finance.
โข $veTokenomics has the potential to align incentives of all stakeholders involved (players, game devs, and the chain).
โข Founder has a good track record of building projects, with his previous project managing to get listed on Binance with a peak FDV of $1.5b.
(b) Downsides
โข Vampire attacking the market share dominance of Ronin, Beam and Immutable may prove to be an insurmountable task given they already have traction + stickiness.
โข Tabi could be seen as a very Asian centric ecosystem which makes it hard to penetrate western markets.
โข Introduction of $veTokenomics which is very complex and DeFi native may backfire since it targets a very niche audience (DeFi power users and whales).
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11. Miscellaneous
(a) Relevant links
โข Twitter: https://t.co/ccVjeDNKOR
โข Website: https://t.co/bH4hRka86F
โข Docs: https://t.co/Vq51cUxe2F
โข GitHub: https://t.co/4JF1ZhEYfL
โข Blog: https://t.co/bg3nLhzO7Q
(b) People to follow
โข @CryptoXavierLee
โข @Lfuckjpg
โข @Momoxu7
โข @BenWAGMI
Thread done in collab with the Tabi team
Missed $IMX and $RON?
Then don't miss @Tabichain, the next big Gaming-focused L1 โ that is backed by @BinanceLabs and with TGE upcoming in Q3 2024.
Here's how you can get exposure to $TABI #G_G ๐
๐ช Tabi: A Leading Gaming-focused L1
โข Tabi is a Gaming-focused L1, built using Cosmos SDK and with EVM compatibility.
โข With PolymorphismVMโข, developers to deploy games in any execution environment, whether they are built using Web3 or Web2 languages and runtimes.
โข Tabi currently has a pipeline of >20 games, which will be the lifeblood of Tabi's gaming-focus โ among these flagship titles include @cradlesio@Wizzwoods_game@gabby_world_.
โข Tabi previously raised a Seed round @animocabrands, @BinanceLabs, @HashKeyExchange, @ivcryptofund.
๐ช Chains Features
โข >200,000 TPS per instance (i.e. dApp).
โข Instant finality.
โข Parallel execution.
โข Any-VM-compatibility.
โข Shared security.
๐ช Thinking about PolymorphismVMโข
Polymorphism enables developers to build on any classic Web3 VM or build their own runtime with any language and framework.
PolymorphismVM will enable:
1๏ธโฃ Improved Chain UX: Customizable gas tokens and payment methods, to mitigate signing and onboarding friction.
2๏ธโฃ Credential Agnostic: Developers can enable various login methods โ across wallets, DIDs, and SSO logins.
3๏ธโฃ Language Agnostic: Build on any language and framework by integrating PolymorphismVM.
๐ช $TABI Token Economics
Tabi features a two-token model with $TABI and $veTABI.
โข Holders may lock their $TABI for $veTABI, in order to get access to gauge voting on the Tabi ecosystem.
โข Similar to gauge voting on Curve, gauge weights may be decided through governance โ with the top Web3 games on Tabi receiving $veTABI rewards.
โข Through gauge voting, Tabi empowers the community to vote for top games via a Curve-like mechanism, and games can incentivize/bribe voters through their own incentives.
๐ช Why I'm Bullish
1๏ธโฃ PolymorphismVM will bring Mass Adoption to Tabi
โข Through Tabiโs PolymorphismVMโข, developers will be able to build using any language on Tabi โ while also abstracting concepts like gas or private keys to improve the user experience.
โข This easier Chain UX exposes Tabi to mass adoption themes, relevant for its focus in building for Web3 Gaming.
2๏ธโฃ Large Competitors Trading at Billion Dollar FDVs
โข With its exposure to Web3 Gaming infrastructure, Tabi primarily competes against Ronin ($2.7bn FDV) and IMX ($4.0bn FDV).
โข This implies that Tabi, with the right execution, may be able to trade at multi-billion FDV upon TGE.
3๏ธโฃ An Innovative Approach to $TABI
โข Tabiโs innovative approach to $TABI will see the introduction of veTokenomics through $veTABI, with elements of gauge voting and boosted $veTABI rewards inspired by Curve.
โข Tabiโs upcoming node sale will see the sale of 200,000 Captain Nodes, which can elect Validators and Supervisor Nodes (i.e. Watchers).
โข Tabi will also see exposure to Restaking and AVS through partnerships with Eigenlayer and Babylon, where games can opt into shared security with Ethereum and Bitcoin as well, by staking $ETH or $BTC.
๐ช Getting Exposure to Tabi
โข Tabi will soon be conducting a Captain Node Sale, of which node holders will get exposure $TABI mining rewards.
โข The Tabi team have specifically studied prior node sales, and are committed to making the Captain Node Sale a much fairer one than others.
Stay tuned, as I may award Tier 1 Captain Nodes to my followers!
Missed $IMX and $RON?
Then don't miss @Tabichain, the next big Gaming-focused L1 โ that is backed by @BinanceLabs and with TGE upcoming in Q3 2024.
Here's how you can get exposure to $TABI #G_G ๐
๐ช Tabi: A Leading Gaming-focused L1
โข Tabi is a Gaming-focused L1, built using Cosmos SDK and with EVM compatibility.
โข With PolymorphismVMโข, developers to deploy games in any execution environment, whether they are built using Web3 or Web2 languages and runtimes.
โข Tabi currently has a pipeline of >20 games, which will be the lifeblood of Tabi's gaming-focus โ among these flagship titles include @cradlesio@Wizzwoods_game@gabby_world_.
โข Tabi previously raised a Seed round @animocabrands, @BinanceLabs, @HashKeyExchange, @ivcryptofund.
๐ช Chains Features
โข >200,000 TPS per instance (i.e. dApp).
โข Instant finality.
โข Parallel execution.
โข Any-VM-compatibility.
โข Shared security.
๐ช Thinking about PolymorphismVMโข
Polymorphism enables developers to build on any classic Web3 VM or build their own runtime with any language and framework.
PolymorphismVM will enable:
1๏ธโฃ Improved Chain UX: Customizable gas tokens and payment methods, to mitigate signing and onboarding friction.
2๏ธโฃ Credential Agnostic: Developers can enable various login methods โ across wallets, DIDs, and SSO logins.
3๏ธโฃ Language Agnostic: Build on any language and framework by integrating PolymorphismVM.
๐ช $TABI Token Economics
Tabi features a two-token model with $TABI and $veTABI.
โข Holders may lock their $TABI for $veTABI, in order to get access to gauge voting on the Tabi ecosystem.
โข Similar to gauge voting on Curve, gauge weights may be decided through governance โ with the top Web3 games on Tabi receiving $veTABI rewards.
โข Through gauge voting, Tabi empowers the community to vote for top games via a Curve-like mechanism, and games can incentivize/bribe voters through their own incentives.
๐ช Why I'm Bullish
1๏ธโฃ PolymorphismVM will bring Mass Adoption to Tabi
โข Through Tabiโs PolymorphismVMโข, developers will be able to build using any language on Tabi โ while also abstracting concepts like gas or private keys to improve the user experience.
โข This easier Chain UX exposes Tabi to mass adoption themes, relevant for its focus in building for Web3 Gaming.
2๏ธโฃ Large Competitors Trading at Billion Dollar FDVs
โข With its exposure to Web3 Gaming infrastructure, Tabi primarily competes against Ronin ($2.7bn FDV) and IMX ($4.0bn FDV).
โข This implies that Tabi, with the right execution, may be able to trade at multi-billion FDV upon TGE.
3๏ธโฃ An Innovative Approach to $TABI
โข Tabiโs innovative approach to $TABI will see the introduction of veTokenomics through $veTABI, with elements of gauge voting and boosted $veTABI rewards inspired by Curve.
โข Tabiโs upcoming node sale will see the sale of 200,000 Captain Nodes, which can elect Validators and Supervisor Nodes (i.e. Watchers).
โข Tabi will also see exposure to Restaking and AVS through partnerships with Eigenlayer and Babylon, where games can opt into shared security with Ethereum and Bitcoin as well, by staking $ETH or $BTC.
๐ช Getting Exposure to Tabi
โข Tabi will soon be conducting a Captain Node Sale, of which node holders will get exposure $TABI mining rewards.
โข The Tabi team have specifically studied prior node sales, and are committed to making the Captain Node Sale a much fairer one than others.
Stay tuned, as I may award Tier 1 Captain Nodes to my followers!
We are excited to partner with @Tabichain for their Tabi Summer campaign on @IntractCampaign ๐ค
Mission 2 is now live, join here: https://t.co/tvbibDQgef
Stand a chance to win more $GG & Gabby Points as you venture into Gabby World Alpha V2 ๐
FREE MINT "STAIRWAY TO TAIKO " ๐๐ฅ
Last NFT with Taiko Hekla L2 Testnet๐ฅ
+Get Discord Role "Taiko Artisans"
๐Mint Now:https://t.co/HiS1Nof9Nu
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