Ancient8 (A8): Double Hype Expectations of Guild and L2

I. Project introduction

 

Ancient8 is a game-centric, community-driven Ethereum Layer 2 built on the OP Stack, designed to attract future 100 million Web3 citizens.

 

It has a dual narrative of guild and L2 built on Optimism Stack. The project solves the common challenges in Web3 games, focusing on technical support and community participation to enhance the capabilities of game developers.

 

Ancient8's mission is to provide smooth and scalable gaming experiences, providing studios with the tools and collaborative environment they need to thrive. By cultivating a strong community and forming strategic partnerships, Ancient8 is laying the foundation for a user-friendly and easily accessible blockchain gaming ecosystem.

II. Project highlights

 

Ancient8 has multiple unique advantages and support.

 

1. Decentralized infrastructure: Ancient8 is building a decentralized GameFi ecosystem through Ancient8 Chain, providing high scalability and EVM compatibility to ensure the smooth operation of games and DApps. This allows developers to create immersive, scalable, and cost-effective blockchain games.

 

2. Comprehensive product suite: Ancient8 offers a range of products for the Web3 gaming market, including Ancient8 Dojo Launchpad, Space3 game publishing platform, PlayNation Localization platform, and Gosu Network marketing network. These tools are designed to help game developers and players better participate in and manage the Web3 gaming community.

 

3. Strong community and education: Ancient8 manages the largest blockchain guild in Vietnam and promotes the popularity of GameFi and Metaverse through scholarships, blockchain education, research, and community activities. Their education platform, Ancient8 Academy, provides members with rich knowledge of blockchain and gaming.

 

4. Strategic cooperation and global expansion: Ancient8 has partnered with several well-known companies and projects, including Particle Network, Hyperlane, and Verichains, further enhancing the security and scalability of the platform. At the same time, Ancient8 is committed to global expansion, attracting a large number of users and investors.

 

5. Innovative Economic Model and Incentive Mechanism: Through the Play-to-Earn model and various Incentive Mechanisms, Ancient8 not only provides players with economic returns, but also enhances community vitality and participation.

 

III. Market value expectations

 

Ancient8 has the dual concept of GameFi agency and Layer 2. It is not only a Layer 2 solution, but also manages the largest guild in Vietnam. The agency has a huge user base and active community, attracting a large number of gamers and blockchain enthusiasts.

 

And completed a total of $10 million in financing, with investment institutions including Dragonfly Capital, Pantera Capital, Hashed and Coinbase Ventures. These investments reflect the market's recognition of the potential of the Ancient8 project and provide solid financial support for its development.

 

Moreover, Ancient8's gaming ecosystem is well-established, with participation and investment in multiple important projects such as Delysium, Nyan Heroes, and Apeiron. The participation in these projects further consolidates Ancient8's position in the GameFi field.

 

The initial circulation of the project is 194,000,000, accounting for 19.40% of the total supply. The price was set at $0.1 during TGE, and the initial market value was $19.4 million. Currently, the market is good and funds are eager to try. Considering the above factors, Ancient8 has good reasons to be optimistic in both the short and long term, and its market value is expected to surpass the guild leader and be on par with the L2 series.

 

 

IV. Economic model

 

Tokens have multiple key uses in the project. As a governance tool, holders can participate in important decisions and voting on the platform. They can also be used to purchase equipment, props, and NFTs in the game, increasing the practical application value of tokens and providing players with more interaction and income opportunities. Players can also receive token rewards by completing game tasks and participating in community activities, which improves the active level and user stickiness of the platform.

 

Ancient8 publishes a total of 1,000,000,000 A8 tokens, with an initial circulation of 194,000,000, accounting for 19.40% of the total supply. The price is set at $0.1 at TGE, with an initial market cap of $19.4 million and an expected total market cap of $100 million.

 

The specific allocation is as follows:

 

Seed round (10.0%): A total of 100,000,000 A8s were allocated. The unlocking mechanism is not released when TGE is used, and is linearly released within 24 months after a 12-month cliff period.

 

Private placement (6.0%): A total of 60,000,000 A8s will be allocated. The unlocking mechanism is not released during TGE, and will be linearly released within 18 months after a 6-month cliff period.

 

Team (20.0%): A total of 200,000,000 A8s were allocated. The unlocking mechanism is not released when TGE is used, and is linearly released within 36 months after a 12-month cliff period.

 

Advisor (2.0%): A total of 20,000,000 A8s were allocated. The unlocking mechanism is not released during TGE, and is linearly released within 36 months after a 12-month cliff period.

 

Airdrop (5.0%): A total of 50,000,000 A8s will be distributed. The unlocking mechanism is 100% released when TGE is used to attract early users and increase community participation.

 

Liquidity (10.0%): A total of 100,000,000 A8s will be allocated. 50% will be released when the unlocking mechanism is TGE, and then linearly released monthly over the next 12 months.

 

Treasury (15.0%): A total of 150,000,000 A8s were allocated. The unlocking mechanism is to release 20% when TGE is used, and linearly release within 24 months after 12 months of locking.

 

Community and Ecology (32.0%): A total of 320,000,000 A8s were allocated. 20% were released when the unlocking mechanism was TGE, and then linearly released within 48 months.