Codyfight: The Alpha of AI-focused Metaverse Battles

Author: veDAO Research Institute

Last year, the leading IDO platform DAOMaker announced a selection of promising projects to watch in the future, highlighting premium projects from various sectors including the metaverse, social, and DeFi. Among them is Codyfight, an AI-focused metaverse battle project in the GameFi field. Codyfight is an immersive competitive game metaverse for both artificial intelligence and humans, utilizing NFTs and rewarding creativity and talent within a scalable community-driven P2E model supported by the Codyfight token $CTOK.

What is Codyfight?

Codyfight is a competitive game metaverse for AI and humans, based on turn-based strategy, comparable to a programmer's chess game. It is built on NFTs and the $CTOK token, supporting a scalable P2E model that rewards community creativity. It also focuses on gathering creative, tech-savvy, and versatile members in community-driven games.

Codyfight aims to be the ultimate venue where players can defeat AI algorithms in one-on-one arena battles. Codyfight also boasts a closely connected community, including artists, gamers, developers, community leaders, and cryptocurrency investors, all of whom can benefit from it.

For example, artists can earn passive income by selling the NFT skins they create in the marketplace, providing a stable source of income. Programmers can write code for AI robots, control robot farms, and help users cultivate rewards by expanding the farm's scale. Community leaders will be able to benefit from organizing community tournaments, which will create a prize pool for winners and organizers, visible to all participants to promote transparency.

Specific Gameplay

• Game Preparation: First, users need to create their battle robot codyfighter (multiple can be owned). Players can manually control the robot or let it execute code to play automatically. The robots have different attributes and appearances—becoming unique NFTs. Everyone can receive one robot for free with a default NFT skin and CKey. Each additional CKey (the private identification key for each robot, meaning an extra new robot) and skin can be purchased from other players in the store or marketplace. Additionally, skins can be obtained as special rewards for outstanding achievements in the game.

• Game Rules: In a 2D game map, players can participate in competitive games/casual games/custom games/complete tasks to earn points, win games, and improve their ranking (Rank ladder mechanism) to gain rewards. A match consists of 10 rounds, with each player allowed a maximum of 25 moves per round. In each turn, players can choose to perform one action: move right, left, up, down, or stay still.

Different NPCs will appear on the map, such as Mr. Ryo, and capturing such "bad guy" NPCs will earn 15 points. Similarly, there will be "good guy" NPCs, such as The Ripper, that players can ally with to help capture bad guys. Players need to combine their battle robot's attributes, the map's characteristics, and the randomly appearing NPCs to devise the best game strategy to achieve victory and corresponding rewards.

• Matching Mechanism: As a competitive turn-based game, Codyfight naturally comes equipped with a ranking and ladder system along with a reasonable incentive mechanism. Rankings will be based on players' win rates; if skilled, it is easy to escape lower rankings, but maintaining a high rank is much more challenging. The ranking system will also help resolve matching issues, determining who competes against whom, and players will not know if they are battling AI, humans, or any combination of both. Higher levels mean higher rewards, and high-level players will receive more incentives.

• Innovative Gameplay: One of Codyfight's biggest innovations is the two ways to play, which includes classic gameplay and smart gameplay, allowing both traditional gamers and coding experts to join the game:

• Keyboard Controls Classic Gameplay: Players can personally experience the thrill of battle and adjust strategies in real-time based on game flow, easily playing on any device using an internet browser;

• Game API Smart Gameplay: Automate the game, allowing players to earn while they sleep (robots will automatically execute battle strategies) and expand their AI robot farms to grow their Codyfighter army;

• Game Modes and Rewards

• Competitive Games: Participating in competitive matches is categorized by leagues, requiring different fees and levels to enter. Players need to have CTicket (NFT asset, earned or traded, unlimited) or a Free Pass (free pass updated daily, usable only up to a certain level) to participate in matches. For example, two players enter the game, each bringing 1 $CTOK, and the player who wins the game can earn 1.9 $CTOK, with an additional 0.1 $CTOK injected into the ecosystem, primarily to provide incentives for casual gamers.

• Casual Games: This mode is free and requires no special conditions. Players can play with random users or friends, providing opportunities to connect with them and participate in rewarding mini-challenge games.

• Custom Community Games: Codyfight aims to create an open metaverse where players can customize their experiences in the virtual world and become game builders. Custom games require players to pay a certain amount of tokens (injected into the ecosystem), and outstanding custom games that are well-received by other players can earn substantial rewards.

• NFT Marketplace: Codyfight embeds a Create2Earn platform, with its NFT marketplace consisting of an NFT store (official sales) and a community market (player-provided). Players can manage their assets here, such as CTickets, NFT battle robots, AI operation robots (strategy code), etc.

The community market provides talented and creative players with opportunities to earn rewards by designing NFT skin artworks. For example, each NFT battle robot accepted and listed by the community market will reward the designer with a certain percentage of sales revenue as an incentive for their creative contributions to the game.

Additionally, to support the game's highlights—automated gameplay through AI operation robots (strategy code)—developers have the opportunity to create AI algorithms and sell or rent the code in the marketplace. However, the official stance is to reduce the possibility of fraud and does not explicitly support private sales and trades.

Team and Partners

The core team members of Codyfight have publicly disclosed their identities, and the official website provides LinkedIn profiles for each member. Both founders are seasoned technicians with years of experience, and both the CEO and CTO are senior engineers with master's degrees in computer science, possessing over 10 years of experience in computer development. They have assembled an excellent marketing team and a top-notch design team essential for NFT projects, showcasing a strong and sincere team.

Codyfight also has numerous partners, including two platforms that will soon conduct IDOs: DAOMaker and GameFi, as well as renowned projects such as Kyros, Gate.io, MEXC Global, Wings Ventures, Raptor Capital, Digital Strategies, Dweb3 Capital, Evangelion Capital, and Impossible Finance providing robust resource support.

Token Economics

Codyfight's native token $CTOK is an ERC-20 token that can be used in the game and traded on the Ethereum, Polygon, and BNB Chain blockchains, with Ethereum being the primary network. The main purpose of $CTOK is to ignite the game's economic system, allowing its ecosystem to operate in a healthy and balanced manner, and enabling players to earn rewards in the game.

$CTOK will be used in the following specific scenarios:

• Reduce transaction costs within the game to keep them at a minimum;

• Reward players for their contributions in the game and further incentivize them to purchase assets such as CTickets and Ckeys;

• Create player earnings from in-game assets, including NFT skins and AI codes;

• Establish a valuable game reward system based on player rankings;

• Reward external project contributors and incentivize them to participate in the project's success.

The total supply of $CTOK is 127,000,001 tokens, with the distribution chart and specific details as follows:

• 26% - Private round (including KOL), TGE unlocks 10%, releasing 4.5% monthly starting from the 5th month.

• 20% - Marketing and Ecosystem, TGE unlocks 20%, releasing 5% monthly starting from the 2nd month.

• 16% - Development for project development, TGE unlocks 0%, releasing 4% monthly starting from the 2nd month, 12% in the 13th month, and 4% monthly thereafter.

• 15% - Liquidity, Staking, Market making, Incentives for liquidity/staking/market making/incentives, TGE unlocks 20%, releasing 5% monthly starting from the 2nd month.

• 15% - Team, TGE unlocks 0% (locked for the first year), 12% in the 13th month, and 8% monthly thereafter.

• 6% - Partners & Advisors, TGE unlocks 0%, releasing 4% monthly starting from the 2nd month, 12% in the 13th month, and 4% monthly thereafter.

• 2% - Public round, TGE unlocks 10%, releasing 4.5% monthly starting from the 5th month.

With this token distribution, it is somewhat difficult to see how much is allocated to players for P2E or C2E, which may be included in the Ecosystem or Incentives sections, but the reward ratios are not clearly stated, likely making up a portion of the total 35% of these two categories, raising concerns about whether the rewards for players are sufficient. In fact, we can also see that Codyfight differs from many other GameFi projects in that it does not mention much player self-governance, focusing more on team actions. This team-led approach has its pros and cons, depending on individual player and investor perspectives.

IDO Information

The token $CTOK was originally planned for an IDO on the partner DAOMaker in Q1 2022, but it has been continuously postponed for unknown reasons. Until 2023, the official website refreshed the token generation event module, stating that $CTOK will be launched on two major platforms, DAOMaker and GameFi, with an IDO price set at $0.08 per $CTOK, although the specific date has not yet been announced, and it is expected to occur in 2023.