CowPark Project White Paper
  • Abstract
  • 1 Industry Background
    • 1.1 Background Introduction
    • 1.2 What is the Metaverse
    • 1.3 Blockchain Foundation
  • 2 What is CowPark?
    • 2.1 Project Background
    • 2.2 What is CowPark?
  • 3 Economic Model
    • 3.1Token Economic Model
    • 3.2 Locking Model
    • 3.3 Deflation Mechanism
  • 4 Mining Mechanism and Computing Power
    • 4.1. Mining Mechanism
    • 4.2 Introduction to the Computing Power of Cow NFTs
    • 4.3 Handling Fee and Transaction Tax
  • 5 How to Play
    • 5.1 The Way for Novice Players to Get Initial NFTs
      • 5.1.1 Level 1 Cow NFTs are Available with a Small Amount of CC
    • 5.2 Cow Evolution
      • 5.2.1 The price of magic herb is as follows:
      • 5.2.2 The success and failure rates of upgrade are as follows:
    • 5.3 Cow Revenue
      • 5.3.1 Stage 1 - Mad Cow
      • 5.3.2 Stage 2 - Development
      • 5.3.3 Stage 3 - Robust
      • 5.3.4 Stage 4 - Slow Cow
      • 5.3.5 Stage 5- Old Cow
    • 5.4 Cow Recycling
      • 5.4.1 Recycling Rules before the Game Goes Online
      • 5.4.2 Recycling Rules after the Game Goes Online
    • 5.5 NFT Market
    • 5.6 Cow’s Life Cycle
    • 5.7 Wolf NFTs
      • 5.7.1 The Kinds and Grades of Wolf NFTs
      • 5.7.2 The Attributes of Wolf NFTs
    • 5.8 How to Get Wolf NFTs
    • 5.9 The Gameplay, Scenes and Earnings of Wolf NFTs
      • 5.9.1 Wolves Steal and Guard Cows
        • 5.9.1.1 On Player's Own Park
        • 5.9.1.2 On Other Player’s Parks
        • 5.9.1.3 The Calculation Formulas of Stealing Earnings
          • 5.9.1.3.1 Wolf’s Stealable Earnings
          • 5.9.1.3.2. The Maximum Stealable Earnings for a Cow This Time
          • 5.9.1.3.3 The Actual Stealing Earnings This Time
      • 5.9.2 Wolves Attack Cows
        • 5.9.2.1 Successful Attack (Effective Attack)
        • 5.9.2.2 Failed Attack (Noneffective Attack)
      • 5.9.2.3 Hemostatic
  • 6 Staking and Mining
    • 6.1 Staking
      • 6.1.1 Stage 1
      • 6.1.2 Stage 2
      • 6.1.3 Stage 3
      • 6.1.4 Stage 4
      • 6.1.5 Stage 5
    • 6.2 Handling Fee for Staking
    • 6.3 Staking Redemption
  • 7 Fortunate Blind Box
    • 7.1 Brief Introduction
    • 7.2 Participation Steps
    • 7.3 More Benefits
    • 7.4 FAQ
  • 8 Future Planning
    • 8.1 Stage 1
    • 8.2 Stage 2
    • 8.3 Stage 3
  • 9 Vision
  • 10 Disclaimer
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  1. 3 Economic Model

3.3 Deflation Mechanism

In the era of Web3.0, what we believe is decentralized governance: code is the law of our network. After CowPark enjoys stable operation, a part of the earnings of CowPark Metaverse will be incorporated into the DAO Community. When the governance structure is completely decentralized, CowPark(CC) holders will be able to exercise the governance rights of managing and using the department. Another part of the earnings, however, will be directly used for the repurchase and destruction of CowPark(CC) through the contract, thus achieving the sustained deflation of CowPark(CC).

(1) The CC consumed in the game will be destroyed by 90%

Among the CC consumed by the players in purchasing the magic herbs (used for upgrading or replenishing life cycle), 10% of them will be automatically used to reward the players who have made outstanding contributions to the community while the rest 90% will be destroyed.

(2) The CC consumed by purchasing NFTs will be destroyed by 20%.

The CC consumed by the players for purchasing level 1 cow will be destroyed by 20%.

(3) The handling fee(BNB) produced for earnings gaining will be destroyed by 50%.

The handling fee(BNB) paid by players in the process of gaining earnings will be destroyed by 50%.

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Last updated 2 years ago