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WHITEPAPER

INTRODUCING NINERS GUILD

The Niners Guild is creating a decentralized autonomous organization (DAO) that develops opportunities around play-to-earn games for people who want to earn while helping build the metaverse.

This is done through the 3Cs strategy: Clan, Coin, and Clash

  • Clan

    which is our platform that hosts scholarship and educational opportunities and everything gamers will need to be competitive and earn in the metaverse.

  • Coin

    which is where our DAO is built around and where holding the coin unlocks 3 categories: governance, P2E index, and staking & rewards.

  • Clash

    which is the software development side of the ecosystem, is comprised of our team of developers building out blockchain software for both internal and external users.

The main guild (NinersDAO) operates across the play-to-earn industry creating smaller organizations (subDAOs) that are game-specific. The NinersDAO holds a large treasury of web3 assets and its goal is to ensure its scaling and longevity. The subDAOs' goals are to generate in-game strategies and maximize the play-to-earn yields through competitive play.

 

THE PHILIPPINES

More than 16% of Filipinos are below the poverty line and 3.27m were unemployed in 2021. Poverty in the Philippines is driving unemployed and low-income owners to explore side hustles.

Niners Guild looks to empower the everyday Filipino who wants to earn more from playing games. Getting paid to play video games is more than just a novelty in 2022.

With 105M in the total population, the Philippines is in an excellent position to become an adoption leader of blockchain and web3 innovation.

 

The Philippines tops NFT ownership out of 20 countries

The Philippines ranked first for non-fungible token (NFT) ownership with 32% of Filipino internet users owning NFTs. The Philippines also leads the rest of the world with the most monthly active users on MetaMask.

The Philippines is one of the fastest-growing Internet economies with 12M new digital consumers since the start of the pandemic with a 95% retention rate according to Google's e-Conomy SEA 2021 report.

The play-to-earn industry presents a sustainable economic opportunity in the Philippines with low-income earners potentially creating an additional stream of money 2-3 times their monthly minimum wage from playing blockchain games. There is a strong economic incentive to play and earn.

However, there are still financial barriers.

To participate in play-to-earn games, one has to purchase NFT assets and in some cases, people had to invest a month's worth of their monthly income to start playing Axie Infinity.

The Niners Guild eliminates this financial barrier through our scholarship program, lending NFT assets to our scholars. The guild then receives a share of the tokens that players earn in-game.

From the Philippines to the World

As the Philippines is primed to lead the adoption of NFT gaming, we want to own and develop assets in the metaverse and allow gamers to play from all over the world.

 

COMPETITIVE ADVANTAGES

  • Second Mover Advantage

    We have great upside potential to capture and sustain market share with de-risked strategies following organizations that have already paved the way for DAOs

  • Localized to the Philippines (South East Asia)

    which is where our DAO is built around and where holding the coin unlocks 3 categories: governance, P2E index, and staking & rewards.

  • Backed by the VS12 Group of Companies

    We’ve built plenty of organizational entities and each one helps contribute to the success of our DAO. VS12 has a strong panel of startup leaders who are well-versed in community building and scaling.

BENTACOIN

The $BNTA token is the heart of our DAO. Through various inventive ways, we’re giving utility and value to our token. By doing so, we’re ensuring that all contributors to the DAO, whether on a short or long timescale, are incentivized to acquire and retain the $BNTA token.

Why "Bentacoin"?

Benta translated in English is to sell or the act of selling. We wanted to represent our Philippine roots through a local name that potentially becomes the token used for value exchange.

Read more about Bentacoin in our token page or visit bentacoin.org.

 

CURRENT OPERATIONS

We currently have active scholars for Axie Infinity and Pegaxy. Learn more about our game investments here.

AXIE INFINITY

Axie Infinity is a pioneer in the play-to-earn ecosystem, seeing the growth of players across the world. Axie players can battle, collect, raise, and build a land-based kingdom for their pets.

Within two years after its first release, Axie Infinity grew to become the number one decentralized application on the Ethereum blockchain with 1.8 million daily active users and a total transaction volume of more than $2 billion, higher than any NFT project in existence.

  • Axie Infinity is 100% player-owned with a real money economy. The developers of the game focus on growing the player-to-player economy and take small fees to monetize (as opposed to the traditional way of selling games with copies). Axies are created by players using in-game resources and sold to other players in the marketplace.

  • AXS (Axie Infinity Shards) - an ERC-20 governance token for the Axie Universe

    SLP (Smooth Love Potion) - an ERC-20 utility token that can be earned by playing the game. SLP can be used to breed new Axies.

  • Battle: Axies battle against each other to level up and evolve, earning SLP after winning battles.

    Breeding: Players use SLP to breed new Axies that can used for Battle or yield profit on the marketplace.

    Land: Homes and bases for all Axies, which can be upgraded over time using a variety of resources and crafting ingredients. Landowners can create their own games on these land plots.

 

NINERS GUILD x AXIE INFINITY

  • With each player needing to own a team consisting of 3 Axies and with the cost of Axies rising, the entry barrier has become too high for many gamers. Niners Guild is building up a massive gaming community within the Axie Ecosystem through the scholarship program.

  • With numerous scholarship applications every day and thousands on the waitlist, we have a People & Culture team working through the list, conducting short interviews to ensure a certain level of skill before onboarding them to the program.

    Post interviews, our captains will curate their own competitive team to help with the initial steps in the game and manage all the logistics.

  • After onboarding, our captains provide coaching sessions to learn new strategies and tactics to gain an edge over their competitors. This is also done through constantly adapting teams to current battle conditions by sending new Axies.

    We use tools from our Niners Clash to track scholar activity and further optimize performance. We conduct monthly reviews if there's a downfall in performance where we can discuss challenges and how we can help them get better in-game.

  • Our scholars are rewarded with a bi-weekly payout in SLP according to a standard profit split of 70/20/10 - 70% of earnings go to the scholar, 20% go to the captain, 10% go to the treasury.

    Excellent performance is rewarded with additional Axies to increase the energy required to play the game.

  • Axies can be bred to create new offspring, similar to real-world pets. Breeding an Axie costs AXS and some SLP depending on how many times Axies have been bred, this ratio is variable and subject to change based on several economic factors.

    To prevent hyperinflation of Axies there is a maximum amount of times an Axie can be bred before it is sterile, this is set at 7 times. Each Axie has 6 body parts and one body shape. For each part, an Axie possesses 3 genes. Combining these different Axies will create new types of offspring.

  • Lunacia is the Axie homeland. The homeland is divided into tokenized plots of land that function as the homes and bases of operation for the Axies that live on these land plots. There are several benefits to holding land plots:

    Land-owners might find AXS tokens on their land plots

    Land-owners can use the Axies that occupy the land plot to explore resource nodes on the map to find AXS and other resources.

    Land-owners will eventually be able to create games using the Lunacia SDK and place these games on land they own

    Since this is still in the preparation phase, we're actively discussing within the DAO our preferred position once landplay becomes available in Axie Infinity.

 

PEGAXY

Pegaxy is a P2E PVP style horse racing game where players compete for a top 3 stadium placement against 11 other racers.

There were 5,000 "Founding" Pega that were created by Pegaxy Development team.

 

NINERS GUILD x PEGAXY

  • With the high cost of buying and breeding Pegas, we're continuing to reallocate assets through our scholarship program. We're are continuing to monitor the Pegaxy ecosystem and evaluating opportunities to scale the scholarship program.

  • Niners Guild continue to actively breed Pegas to provide scholarships to players.

 

FUTURE OPERATIONS

Information coming soon

ROADMAP

Information coming soon

TEAM

Information coming soon