Why is the BTC hash power-supported adventure gaming platform CES worth looking forward to?

Original Author: Meteor, ChainCatcher

Original Editor: Marco, ChainCatcher

With the approval of the Bitcoin spot ETF, traditional finance is gradually beginning to pay attention to BTC and the crypto space. Bitcoin has recently surged above $60,000, attracting not only traditional financial institutions but also a large number of Web2 practitioners entering Web 3. Beyond the financial attributes of cryptocurrencies, the channel that connects Web 2 and Web 3 that deserves more attention is blockchain gaming.

The Blockchain Gaming Environment in 2024

Previously, many major companies have entered the blockchain gaming space, such as Tencent and Alibaba Cloud, and many well-known Web 2 (Steam games) have announced their entry into the Web 3 domain. However, blockchain gaming in 2023 is still in its early stages, serving merely as a vehicle for trading in-game crypto economies, with little improvement in user experience, entertainment value, and innovation. As we enter 2024, blockchain gaming financing is further increasing. ChainCatcher statistics show that in just the first two months, a total of 20 blockchain gaming projects have collectively raised $100 million.

High financing and low entry points give the blockchain gaming sector a better chance to reach its peak in 2024. Many blockchain gaming projects' roadmaps indicate that more games will be launched in 2024.

In 2023, the explosion of the BRC20 ecosystem has revealed more possibilities within the BTC ecosystem, and practitioners have begun exploring the potential of laying out blockchain gaming within the BTC ecosystem.

Against this backdrop, CES (Ceres Entertainment Station) — a Web 3 blockchain gaming platform that integrates mining, entertainment, and financial attributes within the BTC ecosystem — has emerged.

CES Project Overview

The blockchain gaming sector in 2024 will focus more on enhancing user experience, with captivating storylines, innovative gameplay, and immersive experiences becoming a major theme. This also suggests that the boundaries between blockchain games and traditional games may become increasingly blurred, with in-game assets being put on-chain becoming a mainstream trend, which is also the goal that the CES platform has been striving for.

Game Background Story

CES is a space-themed gaming platform dedicated to creating a fair and shared interstellar entertainment capital. The story is set on a planet called Ceres, the closest dwarf planet to the sun in the solar system. Ceres is mysterious and resource-rich, making it a coveted exploration target for scientists and adventurers. The CES project team has discovered highly valuable ores on this planet, revealing that Ceres holds wealth and many unique resources yet to be mined.

Based on the value of the ores, the CES project team created the CES project, issuing the CES community token CERES through a Fairlaunch model to attract partners to co-build the interstellar capital. In the early stages of the project, CES will allow some CERES to be melted into "STONE," sharing the beauty of Ceres together.

Gameplay of the Ceres Ark and Ceres Mining Truck

According to the CES white paper, the Ceres Ark and mining truck are both types of NFTs and core components of the CES project.

The Ceres Ark (ARK NFT) is a digital asset within the CES project. The CES project launched the Ceres Ark NFT in its early stages, which also serves as a pass for users to enter the CES community, representing the holder's special identity and status as an early adventurer. Users holding the Ceres Ark NFT are considered founding members of the project and can enjoy a series of privileges and opportunities, participating in various activities and economic ecosystems of CES.

Specifically, Ark NFT holders can participate in special events held by CES, with privileges that may include participating in in-game activities, receiving airdrops of other NFT assets (mining truck NFTs), and community governance, among others.

CES states that the total number of ARK NFTs is 3,333 and will never be increased, with an initial price of 0.03 ETH.

The Ceres Mining Truck NFT is a digital asset within the CES project with significant economic functions. The mining truck NFT is a key tool for mining the precious governance token CERES within the CES ecosystem.

The characteristics of the mining truck NFT include:

The mining truck NFT is distributed through a blind box mechanism, with a certain number of blind boxes released each period, containing different levels of mining truck NFTs, including N, R, SR, SSR, and UR. Different levels of NFTs have different payload capacities, corresponding to different mining capabilities, and can mine different amounts of CERES.

The total issuance of the first phase of mining truck NFTs is 9,999, with an initial price of 0.1 ETH. Each ARK holder can receive one MINER NFT blind box.

In addition, the average mining break-even period for the mining truck NFT is 30 days, with an initial mining rate of 3,333 CERES/T/day. The daily decay rate is 0.66%, until it reaches a base rate of 333 CERES/T/day, ensuring a sustainable mining ecosystem.

Users can decide whether to go mining based on daily output and their mining truck's payload capacity, combined with their own needs and market conditions.

CES Team and Partners

Key Members of the CES Team

The CES white paper introduces its CEO Jade Smith, who has extensive experience in Web2 game development and was a team member at Electronic Arts. Before transitioning to Web3, she participated in several bestselling game projects, including a globally awarded "The Sims." As a seasoned game designer and developer, Jade is passionate about the future of the gaming industry, particularly in the potential of integrating games with DeFi and NFTs.

The CES white paper reveals that its COO Robert Al-Saad is a senior mining investor from the Middle East and an important member of the Abu Dhabi Royal Fund. He has over 20 years of experience in resource management and international trade, particularly in rare metals and cryptocurrency mining. Robert is dedicated to exploring how blockchain technology can bring revolutionary changes to resource acquisition and global trade.

The project's CTO Michael Wilson has been involved in the Web3 space since 2013 and is an early Bitcoin investor and staunch holder. He has a strong technical background, including game development, engine design, and blockchain technology. Michael has extensive experience applying blockchain technology to the gaming field, particularly in creating decentralized gaming platforms and developing blockchain-based gaming ecosystems.

The project's CMO Alexey Gorodilin entered the blockchain industry in 2014 and is a marketing expert familiar with IT, cryptocurrency, mining, and the gaming industry. He possesses deep marketing knowledge and has successfully built brands and market strategies for several innovative high-tech and Web3 projects. Alexey is particularly skilled in using social media, content marketing, and community building to enhance project visibility and engagement.

CES Partners

The CES white paper reveals that its main investor is the Abu Dhabi Royal Fund, providing strong financial support and resources for the project.

CES Roadmap and Token Economy

CES Roadmap

From October 2023 to February 2024, land on Ceres, issue token NFTs, and gather the first batch of adventurers to land on the Ceres planet, build the CES platform, design and issue the Ceres Ark, and prepare for Stone mining activities.

From March to June 2024, pioneer Ceres: filter core builders, establish mining infrastructure and other key equipment, gather more prospectors, and plan to introduce entertainment and consumer brands.

From July to October 2024, the prosperous Ceres phase: complete the entry of 1-2 entertainment projects, such as the Ceres racetrack and entertainment city, attract more adventurers to join CES, achieve cooperation and entry of entertainment projects, and enhance consumer appeal.

From November 2024 to January of the following year, the Ceres explosion phase: complete the community governance participation plan, gradually realize community governance, open the ecosystem, promote the development of consumer and entertainment brands, airdrop CERES, and launch an identity system allowing Ceres Ark holders to develop their own consumer or entertainment brands.

CES Token Economy:

The CES white paper introduces the project's dual-token ecosystem: STONE and CERES. The economic mechanisms of STONE and CERES aim to create a balanced digital economic system, where STONE serves as the currency for daily transactions, while CERES takes on a higher-level governance and incentive role.

STONE is a stable currency for transactions, freely exchangeable with mainstream cryptocurrencies, with a fixed price of 0.2723 USDT per STONE. As the main currency within the CES platform, STONE can be used for purchases, trading, and participation in various virtual activities, such as gaming, entertainment, and shopping.

Additionally, for user transactions involving STONE, the platform will charge a certain percentage of tax fees for the maintenance of platform development and community rewards. As the number of platform users increases and activities expand, the demand for STONE may rise, thereby affecting its market value.

CERES is primarily issued through a Fair Launch model to ensure fairness in initial distribution, with a total supply of 21 billion, of which 80% is allocated to the community, and 10% each to the foundation and investment institutions. CERES has no pre-mining or internal distribution, with initial distribution entirely based on community contributions and participation.

The governance functions of CERES include: users of CERES can participate in governance decisions of the platform, proposing and voting on various proposals, such as platform development direction, updates, and resource allocation.

The incentive mechanisms of CERES include rewards for community members' contributions, including mining, participating in community activities, and referring new users.

CERES can also be used to pay various taxes within the ecosystem, participate in game releases, and donate to the CES foundation. Additionally, the CES project team will periodically buy back and destroy CERES.

Conclusion

The project characteristics of CES can be summarized into six major categories:

Game Narrative: CES has built a grand open universe, allowing players to freely explore, mine resources, and build in a space environment, enabling immersive game interactions.

Real Cash Flow Supported NFTs: A core innovation of the CES project is the introduction of real cash flow into the NFT value support system. By mining resources like "STONE," players can not only earn in-game rewards but also convert these resources into real-world value, providing substantial economic support for NFTs, increasing their stability and investment appeal.

DeFi Integration: CES integrates DeFi functions, such as staking and lending, providing a diversified financial service platform that brings more liquidity and vitality to the entire ecosystem.

Community-Driven and Governance: CES emphasizes community participation and governance, achieving decentralized management of the project through token economics and smart contract mechanisms. Players and investors can directly participate in the decision-making process of the project, jointly shaping the future direction of CES.

Technological Innovation and Security: CES adopts the latest blockchain technology, ensuring transaction transparency, security, and immutability on the platform. The application of decentralized storage and smart contracts further enhances data security and operational automation.

Cross-Industry Collaboration Potential: The open world and economic model of CES provide ample space for cross-industry collaboration with various sectors and fields in the real world, creating more innovative applications and value-added services.

With the explosion of the blockchain gaming sector in 2024, CES is expected to become an industry leader alongside the growth trends of Web3 and the metaverse, attracting a large number of investors with a certain understanding of cryptocurrencies, NFTs, and blockchain technology.