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White Paper

CAPTO Policy
(Captains Play Token)

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CAPTO is a utility token for ‘The First Hunter’ within the WEMIX Platform, which allows in-game assets to be traded, stored, sold and purchased externally. The value of this token is guaranteed by a mechanism designed to maintain a constant external circulation of goods produced in the game and a simple ecosystem that consumes tokens when using core content within the game.

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CAPTO Issuance and Allocation Plan

  • CAPTO Max Supply : 600,000,000 CAPTO

  • Daily Max CAPTO Supply :300,000 CAPTO

  • CAPTO Allocation Plan
     

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Marketing

CAPTO can be used as a marketing reward and airdrop and providing DeFi and Staking services.

Marketing volumes can be used to stabilize the supply, demand, and value of CAPTO for POOL deposits on WEMIX PLAY GameFi systems.

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Development Incentive

5% of maximum supply can be used for Captains INC employee incentives.

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P&E Related Currency

‘The First Hunter’ users can obtain in-game point(Merit Point, MP) & certificates(Deed,DD) used for CAPTO exchange through various contents and systems.

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Merit Point(MP)

Users can use the MP acquired in the game for content play such as dungeon exploration and resource collection, or store their acquired MP at the Trading Post and exchange it for certificates according to an appropriate exchange rate.

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Deed(DD)

Users can acquire DD the next day based on the amount of MP they stored in the Trading Post the previous day. The exchange rate for DD is determined by the total amount of MP all users stored in the exchange the previous day. The acquired DD can be exchanged for CAPTO at a 1:1 ratio in the exchange.

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CAPTO Acquisition

‘The First Hunter’ users can earn Merit Points (MP) through game content play such as clearing stages. Users can store the MP acquired in the game at the Trading Post and acquire storage certificates according to the exchange rate determined the next day. Storage certificates can be exchanged at a 1:1 ratio with CAPTO at the Trading Post.

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CAPTO Consumption

CAPTO can be traded through the PLAY Wallet and PNIX DEX of WEMIX PLAY, exchanged for other tokens via SWAP, or converted into the in-game currency MP (Merit Point) at the Trading Post. Users can use MP to perform additional resource collection and dungeon exploration within the game.

CAPTO is deposited in the POOL of the WEMIX PLAY GameFi system and can be exchanged via SWAP for several other tokens supplied by WEMIX PLAY. The value of CAPTO is determined by market supply and demand and is subject to volatility.

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CAPTO Casting and Exchange

This is the currency consumption ratio standard for converting MP to DD then CAPTO. Criteria such as the MP exchange rate can be changed through the in-game token economy adjustment and DD distribution control system. 

There are no special restrictions on converting CAPTO to MP. The basic exchange rate and exchange rate are determined through the in-game economic system and the CAPTO distribution control system.

Daily Max DD & CAPTO Casting

  • Cast up to 350 DD per account

  • Cast up to 300,000 CAPTO overall

Daily CAPTO cast limit reset and exchange ratio update at 00:00:00(UTC+8).

 

CAPTO Token Exchange (MP → DD → CAPTO)

‘The First Hunter’ user can cast MP to DD and DD to CAPTO or exchange CAPTO to MP on the Trading Post.

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CAPTO Properties

CAPTO is the game token that can be useful and provide diversity to ‘The First Hunter’ users.

CAPTO can be cast using the game currency, MP & DD. Also, MP can be used to enjoy the major game contents in the game.

Prevent the CAPTO inflation over time and promote game growth after the CAPTO supply, we will closely monitor the MP and DD flow status and CAPTO exchange status and coordinate it through the DD Distribution Control System to build a strong and advanced token economy.

※ The Policy is not legally enforceable nor binding and may be amended as necessary, depending on the circumstances of game service.

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