White paper

Introduction

ACCOIN is a community-driven GameFi platform that increases player engagement and entertainment through $ACC distribution.

ACCOIN uses a revolutionary token economy system, well combines the advantages of DeFi and NFT, uses financial mechanisms and game systems to empower players, and creates a truly unique and long-lasting free-to-play, easy-to-earn ecosystem.

ACCOIN is committed to becoming the next epoch-making decentralized / community / developer-friendly GameFi platform FREE TO PLAY, PLAY TO EARN!

Related Links

official website
http://accoingamefi.com/

Github
https://github.com/AlveyCommunitycoin

E-mail
contact@accoingamefi.com

Twitter
https://twitter.com/Alvey_Community

Facebook
https://www.facebook.com/Alveycommunity

Telegram
https://t.me/Accoin_Official

Contract address

Token
0xb17E3E8106B4c61bB876aD90760eC9F24D4Bc559

DevAddress
0xf34C57Df826046AF41384604f94De0d0F4b1c385

Market
0x379D29616fEB042C726f78B2404825A45f01a9e0

Airdrop
0x0522B5B90914B42B824625B63dcdFa088a37Fd46

Team
0x90c196a5D251bA01f7A345A170A7bdb407F366bE

Chain Bridge
0x200401A975416963732e286955fe503bF75ff1BC

NFTsStaker
0x32d6F328A719BaD3aCe16faB280EF84dDfca84ca

CEX
0x9cE5b33120E997e40Bde1894E8494272B79a0655

Development
0x3225fAF19896E0743350aeA0CFEd9cd198Fa7Acb

gamebonus
0x9a4CE206B6d597E675692020AA453543E6CCFe80

The ACCOIN team will make the work as open and transparent as possible. Above is the list of smart contracts that can be found in Github and BSCscan.

This section will introduce the basic principles, participation benefits and operation methods of Elf NFT mining

Although many people realize the potential of non-fungible token utility, NFT has not played its full characteristics in today’s applications, especially in games. Part of the reason is that the current NFT blockchain standard has limitations, and complex random number processing requires expensive Gas transfer fees, so it cannot show true interoperability.

To solve this problem, ELF NFTs chose to generate NFTs based on BEP-1155 , ERC-223 and ERC-1155 standards on Binance Smart Chain (BSC). In this way, when NFTs are generated on Binance Smart Chain, the gas transfer fee can be significantly reduced, and it can provide support for the identification of NFTs on Alvey Chain and Arbitrum One.

True interoperability can be achieved in two ways. Through interoperability between blockchains or interoperability between applications. ACCOIN solves this problem by providing NFT bridging function, which allows NFT generated on BSC to transfer value between Alvey mainnet and Arb mainnet. At the same time, NFT can also be used in all games released on the ACCOIN game platform, thereby establishing universal interoperability between blockchains and applications.

NFT trading market

ELF NFT trading market is an NFT decentralized exchange where users can freely buy and sell ELF NFT in the market.

In order to provide the best user experience and the lowest transaction fees, we have specifically optimized the smart contract for ELF NFT in the following ways.

1. ELF can be directly traded in the smart contract. Therefore, users do not need to perform the operation of unlocking ELF before trading in the NFT market. This transaction method can minimize Gas transfer fees, thus providing users with a low-cost NFT asset transaction experience.
2. When the user lists the ELF for sale, the ELF computing power will be subtracted from the user’s total computing power. Therefore, users do not need to perform unlocking operations, thereby saving Gas transfer fees.
3. When a user purchases ELF from the market, the computing power of ELF will be added to the user’s total computing power. Therefore, users do not have to perform pledge operations, thereby saving Gas transfer fees.
4. The trading market also has a packaging function, allowing users to choose to sell or buy multiple ELF NFTs at a time.
5. The ACCOIN platform charges a 5% transaction fee, which will flow into the ACCOIN repurchase and destruction fund pool.
6. Understand Elf NFT

Elf is an NFT asset on the ACCOIN platform, which can be obtained by opening mysterious treasure chests or market transactions

Elf can be used for $ACC collection and games on the ACCOIN platform.

2. Participate in ACCOIN mining

After obtaining Elf, the system will automatically pledge Elf for mining and generate income

*Staking does not affect the use of Elf in the game

3. Get income

The income distribution depends on the weighted average of the user’s total Elf computing power on the entire platform. Simply put, as the computing power increases, the income obtained will also increase accordingly

On the ACCOIN collection interface, you can see the total computing power of the entire network and your own computing power, as well as receive daily mining income

4. How to get Elf

 Market purchase

In ACCOIN farm, click on the market, select Elf column

According to individual needs, index the required Elf

 (Open the mysterious treasure chest)

Open the mysterious treasure chest to get ELF with random rarity and computing power

1. Learn about the Mystery Chest ：The total computing power of the whole network is 10 million (excluding gem bonuses)

Mysterious treasure chests are divided into GOLD BOX and DIAMOND BOX

Open the GOLD BOX to get ELF with random rarity (common, uncommon, rare, epic.) and ELF with random hash power(Common(2), Uncommon(4-6), Rare(30-60), Epic(130-160),

Open DIAMOND BOX to get ELF with random rarity (Rare, Epic, Legendary, Mythic.) and ELF with random hash power Rare (30-60), Epic (130-160), Legendary (800-900), Mythic (6600).

1. How to earn income
2. After opening the treasure chest to get Elf, you will automatically participate in $ACC collection, and you can receive the earned $ACC income every day
3. After opening the treasure chest to obtain Elf, you can choose to sell Elf. The price of Elf will change based on market conditions, and there are certain risks.
4. Mysterious treasure chest transaction

Buy Mystery Chest

Click “Market” on the ACCOIN farm and select the type of item you want to trade

Sell ​​Mystery Chest

Click on the market in ACCOIN Farm, click on the type of treasure box to be sold, click on sell to display the boxes that are currently available for sale, follow the instructions, enter the sales price and place an order to sell

Click on sale to display the items for sale that are currently on the shelves

Click on the transaction record to view the treasure chests you bought or sold

Inspiration

ACCOIN team members come from all over the world, and the team composition fully embodies the spirit of decentralization. Since 2022, the team consists of experienced smart contract developers and a professional project operation team. With the emergence of DeFi, a team with many years of experience in game development has come up with new solutions for what a blockchain platform is and how to solve problems that other platforms cannot solve.

The main problems of similar products currently on the market are concentrated in the following aspects：

poor user experience

There is no doubt that cryptocurrencies are growing in popularity. But in the DApp field, it is a different scene. Before the emergence of DeFi, the growth of DApps has been stagnant. DApps have not seen the same level of user growth compared to the broader cryptocurrency market. The current decentralized applications do not consider the experience of ordinary users, which makes it difficult for ordinary people without blockchain knowledge to enter the world of DApps.Sustainable DeFi Solutions

The rise of DeFi has sparked a lot of healthy speculation about the possibility of debanking the financial sector. Liquidity mining and digital asset investment annualized returns have provided new sources of income for many, but most of these projects are unsustainable because their economic models and tokens have no intrinsic value that benefits users in the long run. Many projects that simply copy and paste the code have seriously hindered industry innovation. This kind of drumming project knows that users only care about and pursue the highest annualized return, so similar imitations appear in the DeFi ecosystem every day. And when the bubble bursts, only those truly innovative projects will continue on the path of DeFi.

The true value of NFTs

Countless blockchain practitioners are looking for the next outlet, and many projects currently recognize that NFT is that outlet. NFT is not a new concept, but a view on how smart contracts and non-fungible tokens can benefit both creators and users. Although many NFT-related projects have emerged in the past few years, only a few products have truly demonstrated the value NFT holds and how NFT can change the world. NFT is not just a theory on paper, but a truly revolutionary blockchain technology standard that can ensure innovation and rewards for the time and energy invested by creators.

community driven

As mentioned above, most DApps are only designed for top participants. Whether it’s extremely high industry entry barriers or expensive transfer fees, this makes it impossible for every ordinary person to participate. For every DApp product, value should be driven by and for the community. Therefore, removing barriers to industry entry and ensuring that project developers keep their rules transparent and honest when designing products is crucial to cultivating and expanding the community and promoting the real intrinsic value of the project. Unfortunately, most of the community’s contribution and support behind the project has not been rewarded as it should be.

Scalability

Decentralized forms of application have come a long way, but to make the next leap, projects must address scalability issues. Many DApp projects have failed due to high gas transfer fees, long transaction times, and extremely difficult to understand novice entry process. Nowadays, there are many new solutions with low transaction costs and high transactions per second (TPS). When users switch to these emerging public chains, they often face a new learning process and a new learning curve.

Mission

Every project wants to strive to increase user engagement with its product, whether it is costing users time, energy, or money. However, whether it is economic benefits or other benefits, there is only one flow direction, that is, the benefit chain flows from users to project parties.

ACCOIN has developed a set of truly decentralized tools and a complete smart contract ecosystem to ensure that users can truly participate and get rewarded for their contributions to the community. Whether it is liquidity mining, designing and creating unique NFTs, game development, or simply using all the tools provided by the ACCOIN platform, everyone who participates in and contributes to the ACCOIN ecosystem will be rewarded by the platform.

Participation reward

The value of every blockchain project is driven by the community, so community members should be rewarded based on their contributions to the community.

There are many forms of community contribution, and the ACCOIN platform respects community contributions and repays the community in every possible way. From community KOLs to players who simply enjoy the game, everyone can follow their heart’s desire, and there is a party belonging to everyone on the ACCOIN platform.

Achievement system

ACCOIN deeply understands that as a technology developer, its satisfaction comes from the sweat and sweat in the long-term development work that can finally condense the crystallization of products that users like and use every day. For developers, there is nothing more exciting than developing products that bring joy to users.

On the ACCOIN platform, users simply enjoy the games on the platform, or just interact with the content of the platform to get rewards. Whether simply registering an ACCOIN account, collecting Elf NFT or communicating with other users through the ACCOIN social system, you can receive $ACC token rewards through the achievement system.

Application Scenario

pledge

The purpose of the game is to motivate token holders to respond optimally in the most honest way in order to achieve their best benefits. In this way, a mechanism is formed to ensure that users, developers, artists, and the platform all work hard for the success of the platform.

governance vote

GameFi token holders have dominance over the platform. Platform stakeholders ($ACC holders) will have the right to manage many aspects of the platform, such as games, features, events, development, etc.

veACC is the only voting token for important decisions on the ACCOIN platform in the future, and can only be obtained by freezing $ACC.

• veACC cannot be traded
• The longer you freeze $ACC, the more veACC you can get
• During the freezing period, $ACC will no longer participate in circulation

GOLD BOX Subscription

1. GOLD BOX is an NFT in the form of BEP-1155. A batch of GOLD BOX is available for purchase every Monday and Thursday, and lasts by default.
2. Ordinary subscription: 500 GOLD BOX will be released each period, and the number of subscription addresses is not limited. Each address can only purchase 1 GOLD BOX. ACC whose subscription price is frozen can participate in the subscription.
3. Premium file subscription: 5,000 GOLD BOX will be released each period, and there is a veACC quantity requirement (see the picture below). A single address can purchase up to 30 GOLD BOX, and more than 5000 will be drawn by lottery.
4. Every time you buy GOLD BOX, you will get a purchase number. At the end of each subscription period, the ordinary file will randomly select 500 numbers from all subscription numbers to issue GOLD BOX; the premium file will randomly select 5,000 numbers from all subscription numbers to issue GOLD BOX. If the number of subscription numbers corresponding to the booth is less than or equal to the total number of GOLD BOX, all subscription codes must obtain 1 GOLD BOX.
5. The purchase price of GOLD BOX is the ACC value corresponding to 0.1bnb, the total purchase price = purchase unit price x purchase quantity. After the subscription is initiated, the ACC in the temporary account will be frozen. After the subscription ends, the freeze will be lifted. The unwinning ACC can be returned to the personal wallet or participate in the next subscription, and will not be destroyed. 

( DIAMOND BOX is not included in the purchase scope )

6. veACC requirements Number of GOLD BOX that can be purchased

≥3000  = 2

≥15000  = 5

≥30000  = 10

≥75000  = 15

 ≥150000  = 20

≥300000  = 25

≥500000  = 30

7. All ACC consumed by purchasing GOLD BOX will be destroyed directly!
8. It is not allowed to directly use the contract to participate in the purchase of GOLD BOX!
9. The number of subsequent releases of GOLD BOX will be determined by the community using veACC to vote.
10. The unclaimed GOLD BOX can be temporarily stored for up to 8 periods. When the 8 periods are exceeded, the part of the GOLD BOX will be destroyed and the ACC at the time of purchase will be returned. The GOLD BOX that has not exceeded 8 periods will not be affected. Therefore, please get the lottery GOLD BOX as soon as possible.

medium of exchange

$ACC will act as a trading medium in the ACCOIN ecosystem; a 5% fee will be charged for using $ACC in the Elf trading market, and the ACCOIN platform will regularly destroy all $ACC fee income according to the plan.

game application

$ACC will be used as a consumption and transaction medium in Elf Games; most of the $ACC consumed by Elf Games will enter the destruction pool, and the ACCOIN platform will regularly destroy the consumed $ACC as planned.game rewards

Once the entire system of the GameFi platform matures and continues to grow, the ultimate beneficiaries will return to the token holders themselves.

Gem System (coming soon)

ACC token

We firmly believe that the essence of blockchain is mechanism fairness and information transparency. The $ACC token is truly a fair startup!

ACC Token

ACC Token economy

Token distribution

Roadmap V1.0