AW September Update

📖 Let us begin…

This months update will be focused on a new feature that we are excited to announce as we get closer to release. We will also give some quick updates for some of the products as well as a quick look at the Fundraise.

Before we get to the new feature, that we are excited about, let’s go through our updates for products.

Staking

We are about to breach 90 Million Staked $ATK. That alone is an awesome accomplishment for our community and the project. 👏👏👏👏

We will be lowering the reward amount by end of year so keep buying and keep staking while the APY is high. Once we lower the reward staking will still have value but it won’t pay out as high as current.

Scrap Guilds

You may have seen our latest Teaser for the trailer on Twitter earlier this week. If not here is a link to that. https://twitter.com/theattackwagon/status/1698716510808678449?s=20

But we wanted to give a little more of a tease just for our community as we get closer to the full trailer launch. So check it out.

Trailer release is very soon so keep your eyes open for it.

Fundraise

We have been swamped with meetings for the past month which has been amazing to see VCs start to open up to meetings once again and show interest toward, what they know is the best system for bringing mass adoption to the blockchain, Games. Gaming is the future. Most VCs are still weary of letting go of large checks during this time but they see the promise and sometimes that is all that matters.

$ARXM

We still have many meetings lined up for the month and we will continue to update on this as we progress. Our new fundraising team is amazing and have been pushing us to keep bettering our pitch and our pitching skills. All of this work has improved each of our pitch meetings 10x what they were originally. We are excited to get this Seed round completed soon and will have more details in our next update about where we are the Seed Round.

Outside of the fundraise we have also applied for more grants and are in the running for receiving a few which will help us 10x our marketing for our products upon launch.

New Feature across our systems

Ok, here is the piece that as of now has yet to be announced. You may have noticed we didn’t mention the Arcade above. That is because the arcade is the first piece of the puzzle that once launched will be our beacon for each of our other products that we release going forward. Why you ask? Because we have built a contract that will benefit both our land owners and holders in general. We’ve always talked about how our Land Owners will get profits from each of our launched products which is a big reason to own land in our ecosystem BUT the piece that we have never mentioned is that our contract also has an automatic 🔥buy/burn feature🔥.

What does that mean?

Well, let me break it down for you. The biggest benefit for $ATK comes from other projects incorporating the Arcade into their own communities. Using that projects token will feed the flames for $ATK. Now the actual percentages of buy/burn differentiates per project based on the package they buy. But let’s just use the instance of a project wanting to quickly and easily give their token utility and just implementing it in the Attack Wagon Arcade itself. No changes, no real customization, just the ability to use their tokens in our games.

As you can see from this example below a player from their communities would bring their projects tokens(all project tokens will be vetted and audited before implementation) and be able to use their tokens to purchase a Game Card(you will also be able to use WETH, MATIC and more). We assign the plays to their account associated to the amount spent. Then the magic begins. Our contract takes the payment and portions it out in the following ways. 100% of the projects token will be immediately be sold for WETH then split. 40% of the sale will buy and burn $ATK, 10% will be distributed to Land Owners and 50% will be sent to our project wallet marked specifically for prize payouts.

What if a person pays in $ATK won’t that hurt the token if it’s sold immediately?

That is the easiest version of the contract as it has all of the same functions but there is no auto-sale feature for the $ATK that goes on contract. So while paying with $ATK doesn’t directly influence price of $ATK it will have a positive impact in that 40% of that $ATK will then be “Off market” and burned, 10% will go to land owners and 50% placed into a project wallet for prizes.

What about Land then? How do I get some?

We will be opening land sales up again Q4 to our community members. Just keep an eye out for the announcements.

You mentioned that the Arcade is the first. What comes next?

You will have to wait and see but we are excited about what is to come from this feature as we implement it into other products in the future. Each of these will be slightly different but overall it will have the same goal of building $ATK.

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Summation

As a summation I’d like to do my normal thank you to everyone that continues to push the project and help where they can. Keep supporting and keep being awesome.

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