Funding and monetization
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Chestnut is currently self-funded but is planning for the following milestones in terms of funding and monetization.
Bootstrapping of the game has been achieved through private, individual funding from the project founder. While this is not a long-term solution, this allowed to deliver a Minimally Playable Product early on, to show we can deliver, and to start building a community around the game. This funding is however limited and restricting the growth speed of the game.
Two avenues for in-game monetization will be explored:
An in-game shop is currently being developed which will allow players to purchases consumable items to use in-game. Consumables will not be NFTs or be reflected on-chain, as they are meant to be of short-term use for players.
NFTs supporting the gameplay will be a key aspect of the funding of the game. The Chestnut NFT collection will derive their utility from the in-game advantages they'll provide to players, which will ultimately lead to higher Play-to-Earn rewards.
Following the public release of this whitepaper, the team will actively seek grants to fund the project and scale its growth. In a second phase, private investment may also be sought depending on the needs of the project.
A first step to raise outside investments will be done through the creation of a DAO to manage the growth of the project, and the introduction of a corresponding governance token.
Finally, outside investment may be further facilitated by the introduction of a utility token. If the decision is taken to go in that direction, more information will be shared about the tokenomics and utility of that token, and extensive input from the community will be sought to help design a sustainable and non-inflationary token that can benefit the ecosystem and the game and potential investors.
typically constitute the most fun and rewarding experiences in Chestnut. In the future, the access to some of these events will be paid, requiring the purchase of a key (similarly to what is described for ). Paid Gauntlets will typically propose very high rewards to attract players and drive the sales of these keys, including rewards proportional to the number of keys purchased.
