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Jot Art
Jot Art is a multiplayer gaming platform that aims to offer a cross-chain metaverse experience. It incorporates RPG elements, allowing players to enhance abilities through items from enemies and the environment.[1]
Overview
Jot Art, established in 2022 and managed by the KaJ Labs foundation, aims to create a cross-chain metaverse that enables play, creation, ownership, and earning. The platform features multiplayer gameplay with mixed RPG elements, allowing players to enhance their abilities through items collected from the environment and defeated enemies while integrating artificial intelligence, mixed reality, NFTs, and Web3 gaming.
The metaverse promotes a player-owned economy, allowing users to buy, sell, and trade resources earned through gameplay. Players can engage in player-versus-player competitions or complete quests across various experiences. In-game items are represented as NFTs and can be utilized in multiple games, enabling players to earn, stake, or sell characters and assets. The Jot Art marketplace facilitates NFT trading with the $JOT token, which also serves governance functions for the Jot Art DAO. Initial NFT collections from Finesse: Shadow were launched in February 2022, with additional collections planned for future release.[2][3][4][1][5][10]
Products
Finesse
Jot Art's primary product is the Finesse game series, which includes Shadow Warriors and The Kingdom. These Play-to-Earn games aim to reward players for their performance in battles. Initially supporting tokens from BNB Chain and Polygon, the series plans to transition to Lithosphere for enhanced cross-chain gameplay.
In Shadow Warriors, players engage in combat to liberate the world of Draponia, upgrading their abilities through resources collected during gameplay. The Kingdom features a similar RPG structure, set in a kingdom affected by darkness. Adventure mode (PVE) does not require an initial investment, while access to Arena mode (PVP) necessitates the purchase of NFTs. Holders of the future "Mythic Collection" NFTs may also earn rewards through staking.[6]
Tokenomics
Jot Art Token ($JOT)
The JOT token aims to function as a payment and governance tool within the Jot Art metaverse. Token holders can stake their tokens for rewards, pay for in-game services, and participate in governance voting. Additionally, players can earn JOT by engaging in games and contributing user-generated content. The token is based on the BNB Chain (BEP-20).[7]
Allocation
The token allocation for Jot Art aims to support various ecosystem components, with a maximum supply of 1,500,000,000 𝓙 and an initial supply of 75,000,000 𝓙 (5%). The distribution is as follows:
- Private Rounds, Public Round, and Launchpads: 5%
- Liquidity and Ecosystem Fund: 20.07%
- Ecosystem Incentives (e.g., Staking): 24.19%
- Play-to-Earn Initiatives: 20.62%
- Partners and Advisors: 5%
- Team: 25%[8]
Play-to-Earn
The Play-to-Earn (P2E) model in Jot Art allocates 20% of the total JOT supply to incentivize players for their participation. This aims to attract a diverse player base and provide ownership to engaged community members.
P2E tokens are intended to reward actions such as competing in matches and utilizing the NFT marketplace. The JOT tokens earned will be available for trading immediately.[9]
Gemstone ($GEM)
Gemstone (GEM) serves as the primary in-game token for rewards and services within Jot Art. The integration of blockchain technology aims to facilitate player-owned economies, enabling skilled players to earn resources through a "Play-and-Earn" model.
Players can acquire GEM by participating in battles to win leaderboard prizes, breeding characters for unique traits, and collecting rare NFT assets.[8]
Team
- Vineet Veny: NFT ecosystem expert.
- Yun G: Blockchain architect.
- Raj Kumar: Unity development lead.
- Cathy C: Media manager.
- Siraj Wali (Sensie): Web developer.
- Vladyslav Andriichuk: Lead game designer.
- Juliet N: Assistant.[11]
Jot Art
Commit Info
Edited By
Edited On
October 14, 2024
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REFERENCES
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