Tiny Dragons NFT Games & Yield Farming

Proposal details

Project Name

Tiny Dragons NFT + Dragon Crypto Gaming Farming

Project Type

On-chain Games, NFTs, Yield-farming

Proposal Description

Tiny Dragons is an NFT gaming platform with a unique play-to-earn gaming mechanism. The initial, highly successful offering of Tiny Dragons was deployed on the Avalanche network and all 1,000 were minted in under 10 minutes.

Each Tiny Dragon NFT is completely unique and assigned a rank depending on the attributes that it has, such as colouring, eyes, etc.

In order to distribute the in-game currency, we are creating a Yield Farm for our aptly named IoTeX token: $iDCG. The yield farm also includes auto compounding vaults, audited by Paladin.

Currently, Tiny Dragons offers gladiatorial league fights (Tiny Dragons Arena) that reward the top winners with entry fees minus a small commission. Rewards are also given to top Tiny Dragons on the leader boards. Users can upgrade their Tiny Dragon’s stats by paying a fee, which allows them to boost their stats to enter higher-tier matches.

More than 900 users have participated in the arena.

Soon, we will be releasing Tiny Dragons Adventures. Users will also be able to earn rewards (which includes tokens, DNA, and equipment) by sending their Tiny Dragons on adventures (comparable to staking). Rewards will vary depending on the Tiny Dragon’s level and the duration of the adventure.
We are also developing the Tiny Dragon Lab where users will be able to extract DNA from pairs of Tiny Dragons and use it in combination with DNA earned in Tiny Dragons Adventures to create rare and powerful offspring.

We are looking for funding to further develop Tiny Dragons, re-imagining them, specifically for IoTeX, with new accessories and backgrounds more relevant to the chain.
We’re choosing IoTeX as it offers a new opportunity for our project, we’re excited about a relatively new chain and the first-mover advantage. IoTeX also fits well, due to the large number of interactions required by the nature of on-chain gaming, which requires cheap, fast transactions.

We are requesting a total of $100,000. As well as funding, we are looking for IoTeX’s advice with product development and marketing.

Milestones

  • Milestone 1:
    • Duration (weeks): 4 weeks
    • Deliverables: Port our current Tiny Dragon game to IoTeX alongside new artwork to fit the new theme, new website, and visual improvements.
      Create $iDCG yield farm.
  • Funds request (USD): 30,000 USD
  • Milestone 2:
    • Duration (weeks): 4 weeks
    • Deliverables: Implementation of “Tiny Dragon Adventures”. Allowing users to send their Tiny Dragons on adventures, returning various rewards such as $iDCG (Our gaming token), DNA (For the Lab released in Milestone 3), and other rewards such as equipment. The rewards will be based on Tiny Dragon experience, stats, and rarity.
  • Funds request (USD): 30,000 USD
  • Milestone 3:
    • Duration (weeks): 4 weeks
    • Deliverables: Implementation of “Dragon Lab”. This will allow users to extract attributes from various Tiny Dragons as NFTs, users can then either trade these NFTs on a marketplace or gather them by extracting them from pairs of Tiny Dragons. The DNA will be used to create totally new Generation of Tiny Dragons, with all the attributes the users have worked for.
  • Funds request (USD): 40,000 USD

Total funds requested

100,000 USD

About your Team

Sam, Smart contract engineer, Lead developer/CEO
Snowwhitedev, Smart contract engineer
General, Front-end engineer
Paul, Front-end engineer
Heat engine, Outreach / Marketing
Glen, Community manager / Content creation

Metrics

1000 Tiny Dragons minted in roughly 10 minutes
500+ League matches (Average 8 unique wallet participants per match) since Tiny Dragons Arena release in mid-October

Links

https://tinydragon.games/ - Link to our existing game on Avalanche network
Tiny Dragons Arena 🏟️ - Dragon Crypto Gaming - Details on current Arena, also contains information about our larger ecosystem mentioned above

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1 Like

awesome project guys…cant wait to see you guys in action

2 Likes

Amazing project. It would definitely add a lot to IoTeX.

2 Likes

@SamTheWise - this is an amazing game, thanks for applying! Do you mind attaching certain metrics to each of the milestones, e.g.,
milestone 1:

  • duration: 4 weeks
  • deliverables: xxx
  • metrics: 1000 active monthly users
3 Likes

Great project. Blockchain gaming is the future

1 Like