HECO AMA Series Recap — Plato Farm
Guest: Ray Wilson, CEO of PlatoFarm
Host: Rased from HECO
Question 1: Could you please give us a detailed introduction about PlatoFarm?
The Plato Farm project was developed by Second Space studio and launched in 2018. The core members of the project have developed and operated a wide range of large-scale online games and come from world-renowned game teams and blockchain developers such as Jurassic World Evolution, Frostpunk and Farm Together.
Plato Farm has achieved great success in the North American market, attracting two million users and over 200,000 DAUs. The game combines the underlying contract technology architecture of the blockchain with completely embedded in-game users who can thrive in its scientific trading system by making money while playing.
Plato Farm is an NFT game based on the HECO smart chain. Players are tasked with growing plants and raising livestock on a small farm to earn MARK and PLATO tokens which can then be used with various NFT items to transform their barren land into a bustling city. Players can also start their own guilds and earn money while playing.
Question 2: How to participate in the game?
Plato Farm’s planning department was initially deployed in the HECO chain. Players can participate in the game in the following ways:
· Open the H5 game interface on the web page, link to the website through wallets such as MetaMasK, and play the game (MetaMASK official website: https://metamask.io).
· In the blockchain wallet, select the HECO ecosystem chain, open the Plato Farm DApp page, and play the game.
· Download the mobile application on the official website to play the game.
Plato Farm is set to launching at the end of September. Please stay tunned.
Question 3: Could you please give us a detailed introduction to the gameplay.
Sure, here are the steps.
Step 1: Buy your NFT land
Start Plato Farm from your first piece of land. Buy the land, sows on the land, and you can harvest your crops!
Step 2: Sell your crops
In the market, you can sell your crops in exchange for MARK and PLATO tokens. Some rare items have higher PLATO value!
Step 3: Expand your farm
Besides farming, you can also plant fruit trees and harvest fruits; Raise animals and harvest more varieties of crops!
STEP4: Build your own game alliance
The alliance is a big organization in the game. The pioneers can call friends and friends to build a game organization of their own. The alliance has exclusive benefits and a hierarchy.
STEP5: Mining PLATO
After you have obtained enough MARK tokens in the game, you can pledge MARK tokens in the mine and mine PLATO tokens!
Question 4:What are PLATO and MARK token?
There are three main types of tokens in the game.
MARK: MARK is the currency circulating in the game and is equivalent to the exchange and transaction medium of the game. General items and equipment in the game are anchored to it, and players must use the currency to purchase these items. When players use MARK to redeem items, the currency is recycled and burned in the system. The only way to obtain MARK is to complete tasks and work (by planting, breeding, processing, etc.). The proportion of MARK earned by completing tasks and work is 2:8. The output of MARK is based on the increase or decrease of the game’s GDP. For regulation, the supply of MARK increases according to the F(x) function when GDP increases, and the supply of MARK decreases according to the specific function F(x) when GDP decreases, but the upper limit does not exceed 10 million tokens.
PLATO: The quantity of PLATO remains constant at 100 million tokens. It is both the game platform token and a kind of status symbol. The more PLATO players hold, the higher their level is. Players can obtain PLATO through trading in the secondary market or MARK staking. Rare NFT items and basic production materials such as land, factories, and farms must be exchanged for PLATO. For advanced levels or to unlock more game content, players need to hold a certain amount of PLATO. At the same time, 50% of the Treasury’s quarterly revenue repurchases and burns PLATO to a maximum of 50 million to maintain a certain degree of deflation.
NFT items: There are a variety of NFT items in Plato Farm, such as land, rare seeds and rare fruit trees. They can be used to unlock game content. NFT items can be purchased with MARK or PLATO.
These tokens can be obtained in the game. Recently, we also have a blind box auction event. Through the blind box auction, rare game items can be obtained!
Question 5：There are three main types of tokens in the game.
MARK: MARK is the currency circulating in the game and is equivalent to the exchange and transaction medium of the game. General items and equipment in the game are anchored to it, and players must use the currency to purchase these items. When players use MARK to redeem items, the currency is recycled and burned in the system. The only way to obtain MARK is to complete tasks and work (by planting, breeding, processing, etc.). The proportion of MARK earned by completing tasks and work is 2:8. The output of MARK is based on the increase or decrease of the game’s GDP. For regulation, the supply of MARK increases according to the F(x) function when GDP increases, and the supply of MARK decreases according to the specific function F(x) when GDP decreases, but the upper limit does not exceed 10 million tokens.
PLATO: The quantity of PLATO remains constant at 100 million tokens. It is both the game platform token and a kind of status symbol. The more PLATO players hold, the higher their level is. Players can obtain PLATO through trading in the secondary market or MARK staking. Rare NFT items and basic production materials such as land, factories, and farms must be exchanged for PLATO. For advanced levels or to unlock more game content, players need to hold a certain amount of PLATO. At the same time, 50% of the Treasury’s quarterly revenue repurchases and burns PLATO to a maximum of 50 million to maintain a certain degree of deflation.
NFT items: There are a variety of NFT items in Plato Farm, such as land, rare seeds and rare fruit trees. They can be used to unlock game content. NFT items can be purchased with MARK or PLATO.
These tokens can be obtained in the game. Recently, we also have a blind box auction event. Through the blind box auction, rare game items can be obtained!
Question 6: How many items are there in the game? Can you tell us about the game ecosystem?
Players’ achievements are all reflected in the farm system. Farming and breeding are carried out through the farm. Players can purchase production resources and land in their wallets, and earn corresponding rewards through work in the game.
For example, at the beginning of the game, the player uses PLATO to buy a planting field, sows the wheat seedlings purchased with MARK on the planting field, waits 30 minutes for the wheat to mature, then harvests it to obtain wheat, and then sells the wheat for MARK which can then be freely traded on the secondary market.
This is one of the gameplay methods and the main interaction method of the farm system.
The trading system is mainly represented by the market. In the market, players can freely buy and sell their crops NFT with other players. Some agricultural and sideline products are traded using MARK tokens, while some commodities are traded using PLATO tokens. Players can engage in free trade according to their own needs.
The mining system is a major feature of PlatoFarm. After players have enough MARK tokens, they can start PLATO mining to get more tokens!
For social system, relationships in Plato Farm are mainly divided into friends and alliances.
Friends: Players can choose to be friends with any other player in the game. Friends can interact with each other by exchanging greetings and making transactions. There are also special friend tasks.
Alliances: Players can receive rewards by joining alliances, which can help them boost their agricultural output and mining efficiency.
In the game, players can also form alliances to seek help and conduct exchanges. Players can interact with alliance members through orders and donations to realize transactions between products.
Players need to submit an application to start an alliance. All members of the alliance are directly or indirectly invited by the founder of the alliance. The alliance is divided into 5 levels:
The league level is upgraded to the required number of members, which increases exponentially with the level.
The initial alliance has no other functions, and the founders can only passively receive dividends from production taxes.
The level is promoted from minor team leader to major team leader to minor captain to major captain, while members are given the title of independent player.
The first-level alliance is the village. The founder obtains the position of village chief. All alliance members automatically obtain the title of villager. In the village, a grocery store and breeding farm can be built. The grocery store respawns rare specialties like seeds or other items every 24 hours. Farms can hire cultivation workers to increase production output.
The second-level alliance is the town hall. The founder obtains the post of mayor, and all alliance members automatically obtain the title of townsfolk. In the town hall alliance, businesses and processing plants can be established.
Commercial firms can get opportunities for land auctions and item auctions, while processing plants can unlock advanced product processing and warehouses.
The third-level alliance is the county seat. The founder obtains the post of county chief, all alliance members automatically obtain the title of county resident, and docks and militia camps can be formed in the county alliance.
With wharves players can set up fishing boats to hunt for treasure in the open sea and obtain profits. With militia battalions players can profit by plundering nearby alliances.
The fourth-level alliance is the city. The founder obtains the post of mayor. All alliance members automatically get the title of city resident. In the city alliance, mines and fleets can be formed.
With mines, citizens can work and mine for free, and obtain income (by using plug-ins). With fleets, some new worlds can be discovered, and citizens can earn dividends by investing.
Question 7: How do players get income from the game? How to earn while playing?
In the game, players can benefit themselves in four ways:
1. Proceeds from purchases and sales (investment and monetization)
2. Growing plants and raising livestock (work and mining)
3. Selling and trading obtained items (acquisition of game item loop)
4. Transactions and collaborations between friends (creation of personalized territories)
Player income comes in the form of MARK, PLATO, and NFT. PLATO tokens can be circulated in centralized or decentralized exchanges to the benefit of players.
Question 8: Can you talk about the future development plan of the project?
On the 15th, we will start HECO identity creation, users can create their own game identities through HECO, and book game seats in advance.
At the same time, the recruitment of global pioneers will also officially start.
At the end of September, V1.0 Plato Farm Pioneer Version, H5, Android, and iOS versions will be launched at the same time.
On May 1, 2022, V2.0 Adam Smith City Builder, H5, Android, and iOS versions will be launched at the same time
ON February 1, 2023, V3.0 Gagarin Planet Developer, H5, Android, and iOS versions will be launched at the same time
Each version update will bring more game content updates, and more gameplay will be added.
Follow our Twitter and official account to learn about the progress of the game!
Twitter：https://twitter.com/Plato_Farm
· HECO Website
· HECO Twitter and Telegram Channel (For the latest news)
· HECO Telegram Community
· HECO Discord (Welcome all developers to join!)
· HECO Explorer
