# Welcome Official COG Whitepaper Circle of Games-COG is a multi-game platform where players can Play, Earn & Grow by engaging in fun skill-based games. Players aim to play multiplayer or single-player skilled-based games to win bolts; once earned enough, they grant you COG tokens.
# Vision & Principles ## Our Vision Onboard the following billion users to Web 3 by creating an ecosystem of multiple skill-based games (Single player & Multiplayer) with a unique casual gaming experience where the community is at the center of this ecosystem.
## **Our Principles**
# Getting Started To start, players need to download the Circle of Games app 1. Download the Circle of Games app * Download from [Google Playstore](https://app.adjust.com/3gtfx2q). 2. Sign-up for Circle of Games * You may use WhatsApp OTPless login or, * Enter your phone number and sign in using OTP or, * Play as a Guest User. 3. Play Games * Start playing any of your favorite games on the app. 4. Collect BOLTS * Play any game and Collect Bolts. * Winning a Multiplayer Games rewards more bolts 5. Earn COG tokens * Keep collecting bolts; once earned, enough bolts will reward you with COG tokens. 6. Daily Login Bonus Rewards * Login to Circle of Games app daily and collect exciting rewards. # COG Platform & Games The Circle of Games (COG) is a multi-gaming platform where players will excel in single-player games as well as battle PvP against others, compete in tournaments, join clans to climb to the top of leaderboards, and win big 🚀 The COG platform has 4 main pillars -> 1. Quality Single & Multiplayer Games 2. Play, Compete & Earn 3. COG NFT & Utility 4. COG token ## Games Circle of Games hosts a variety of games on its platform. Games of different genres are available on the platform, such as Card Games, Board Games, Casual Games etc. Today, COG has four real-time multiplayer and multiple games in the pipeline. #### COG Live games: * Ludo * Rummy * Fruit Slash * Call Break #### Upcoming Games * Chess * 8 ball Pool * Bubble Shooter * Poker ## Play, Compete & Earn Players can compete against each other in PVP matches. The winner of the battle takes the winnings after deducting a small platform fee. In 2024, we are introducing more competition formats such as Tournaments & Team Battles. # Roadmap
# COG Token The COG token is the currency needed to upgrade your NFTs and access special COG token lobbies & rooms. Players can win this currency daily by earning bolts won by engaging with any game on the platform. COG token is not necessary to access games on our platform; they give access to different lobbies for players to engage within the games. Players can play selected games without a COG token on the Circle of Games app.
# Blockchain Economy COG Token details ## COG Token COG is the fungible Blockchain token of the platform, built to SPL standard. #### COG token have 4 main goals: 1. Play: Used to play PvP battles, upgrade and purchase NFT on the Circle of Games network. 2. Reward: To reward players for their engagement on the COG app. 3. Staking: To encourage players to be part of the community for a longer duration, access to special lobbies, features and air drops. 4. Governance: To decentralize the governance of the COG token and encourage the community to vote on decisions. ## Token Allocation & Unlock Schedule
Token Type% of Supply# of Tokens
Games, Community & Ecosystem Rewards30% 600,000,000
COG Team16%320,000,000
COG Advisors5%100,000,000
Marketing5%100,000,000
Pre-Seed Round7.5%150,000,000
Seed Round10%200,000,000
Private Round - 15.25%105,000,000
Private Round - 25%100,000,000
Public Round1.67%33,333,333
Treasury11.58%231,666,667
Liquidity & Market Making3%60,000,000
Total Amount100%2,000,000,000
#### Games, Community & Ecosystem Rewards: * This is 30% of the total COG token supply which is 600,000,000 tokens. * This amount will be used across the app for the game rewards, leaderboard rewards, daily login rewards, Airdrops, etc. #### COG Team & Advisors: * This is 21% of the total COG token supply which is 420,000,000 tokens. * This amount is allocated: * To the COG team building the COG platform * To keep the COG team incentivized to continue building after a successful token sale. * Serves as a way for the COG team to raise funds over time to fund further development of the platform and games. * To the advisors that are key to driving Circle of Games project. * This amount can also be used to build partnerships with centralized exchanges in which COG token will list. **Marketing:** * This is 5% of the total COG token supply which is 100,000,000 tokens. * This amount will be used to drive and run marketing campaigns to drive traffic on the COG app and thereby bringing new users to the platform. **Pre-Seed Round:** * This is 7.5% of the total COG token supply which is 150,000,000 tokens. * This amount will be used to raise capital to start the project and its operations from Angel or Private investors. **Seed Round:** * This is 10% of the total COG token supply which is 200,000,000 tokens. * This amount will be used to raise capital once we have identified the market fit from the product standpoint from Angel or Private investors & launchpads. **Private Round 1:** * This is 5.25% of the total COG token supply which is 105,000,000 tokens. * This amount will be used to raise further capital for office, team and operation expansions. **Private Round 2:** * This is 5% of the total COG token supply which is 100,000,000 tokens. * This amount will be used to raise further capital for office, team and operation expansions. * This amount will also be used to fund future projects at Circle of Games. **Public Round:** * This is 1.67% of the total COG token supply which is 33,333,333 tokens. * This amount of tokens are reserved for the initial offering of the token on public exchanges. **Treasury:** * This is 11.58% of the total COG token supply which is 231,666,667 tokens. * This amount will be used for future projects that are not disclosed yet. **Liquidity & Market Making** * This is 3% of the total COG token supply which is 60,000,000 tokens. * This amount will be used to supply liquidity to exchanges in which COG token will list. ## Token Unlock & Supply The tokens will be minted all at once but will be unlocked in a schedule over a period of 48 months from the public sale.
## **Vesting Schedule**
# NFTs Currently, COG is in the process of launching NFTs. Each NFT is unique and will be minted as an NFT on the Blockchain (SPL Tokens). Two types of NFTs will be available on the COG network. * Game NFTs * Platform NFTs
### Game NFT This type of NFT can be owned by engaging with specific games. These type of NFTs can also be purchased. E.g., Playing and winning in Rummy will only earn you Rummy NFT. These NFTs come in different rarities ranging from Common to Legendary and various utility values within the games. These NFTs can be upgraded by spending COG tokens, giving players a higher utility value in the respective game. E.g., Rummy Common NFT will give a 0.1% rake back to the player, but a Legendary NFT can give up to 5% rake back to the player. ### Platform NFT This type of NFT is owned by all the players who join, play games and open or link their existing Solana wallet on our platform. This NFT will also come in different rarities ranging from common to Ultra-Legendary. These NFTs can be upgraded by spending tokens which will give players a higher utility value at the platform level, which will help them to score a higher amount of bolts and, thereby, an opportunity to win additional tokens daily and in features such as leaderboard. Players can also upgrade these NFTs by **embedding** their Game NFTs. Embedding the NFT will destroy the NFT from your wallet. Higher Platform Level NFTs also give player access to: * Special VIP lobbies. * Access to New games. * High reward tournaments. * Staking rights
## Player NFT Journey
# Game Economy **A Growing, Circular Economy** COG is more than a gaming platform where gamers play for fun and reward. The COG token as a reward is entirely controlled by smart contracts and regulates an entire virtual economy like in the real world. The COG economy is driven by growth, the circulation of the COG token, gamers' participation as economic actors, and real-world behaviors within a laissez-faire market economy. The overall economy will increase in size and velocity over time due to the growing range of items for sale as more gamers find their place in the COG platform. By bringing together gamers and collectors within in-game marketplaces, COG is well-positioned to see increased demand for the COG token while the token supply remains at 2 billion. # Player Driven Economy At COG, we know that players are the core value drivers of the platform * They know the games and platform better than anyone * They know what features and games they want to play on the platform * Both Platform and Players should earn from the time being spent on the platform. At COG, the first step towards this will be benefiting players through COG tokens and rewarding them for their time and engagement spent on the platform. But we are going further than monetization — we believe that players should be a part of deciding how the platform is developing. This is why we will introduce COG as a future in-app currency and a governance token — in other words, We are bringing the decision-making power back to the players. # Treasury & Marketplace ## Treasury The Treasury will be designed to manage Game Assets and COG Tokens to stabilize the economy. A portion of the game’s income will be diverted to the Treasury to ensure sufficient circular flow within the game economy. The Treasury income comes from (but is not limited to): * Game Play fees * Contributions by gamers in COG Platform. * Direct sales of in-Game Assets and NFTs * Fees from each transaction in a marketplace. #### Treasury funds will be spent on * Continue building and improving the COG platform * Ensuring the circular flow of $COG Token between decentralized exchanges and the general economy * Grow, promote and engage the COG community * Acquiring assets for DAO & Treasury ## **Marketplace** TBD (In the Design Phase) # Tech Architecture & Plans COG Engineering Team is working with new age market standard technology to scale and bring the entire COG Platform on-chain in Q2, 2023 The following considerations have guided the design for the app and game’s tech architecture: * We are building mobile first multi-gaming app on Android & iOS Platform, using Unity engine for the games and flutter for the central COG app * Security and Fair play is our top priority! We have planned our roadmap with smart contract audits, critical infrastructure pen-testing and community-oriented security programs\
# Blockchain Technology COG is built for Mass Adoption with a solid integration of multi-chain / multi-token to drive scalability, interoperability, redundancy, access to diverse communities, and flexibility. Thereby making it an attractive option to build a robust and future-proof blockchain-based solutions. COG multi-gaming platform is currently live on both the Hedera and Solana Mainnet. $COG Token is an ERC20 and EVM-compatible token built on Solana & Hedera blockchain, which hosts its token and smart contract components. #### Security: Circle of Games multi-gaming app connects the user to the blockchain components in a non-custodial way - all keys are generated and owned by the user and unknown to the company. Users hold a key pair in their mobile key store, with password-protected backups on the backend. # Why Multi-Chain? #### Scalability & Interoperability COG boosts scalability and interoperability by spreading micro on-chain transactions across various networks, utilizing their strengths for enhanced capacity and seamless integration. #### Diversity & Redundancy COG can effectively mitigate the risk of network failures, congestion, or other issues by diversifying its infrastructure and ensuring redundancy. #### Broadening Audience Reach Enable COG to tap into multiple communities, thereby increasing its reach and potential user base at global scale. #### Flexibility & Adaptability COG is enabled to quickly adapt to changes in the ecosystem more easily and take advantage of new opportunities as they arise and remain competitive in global market. #### Interoperability Multi-chain functionality allows for interoperability between different blockchain networks. By integrating with both Hedera and Solana, we enable seamless interaction between our platform and other blockchain-based applications and assets. Overall, integrating multi-chain technology on Hedera and Solana aligns with our goal of creating a scalable, secure, and interoperable platform that can support a wide range of applications and use cases outlined in our whitepaper. # Our Communities Welcome to the COG Gaming Platform community. We’re on several different channels and you can find us anywhere in the links mentioned below. TELEGRAM - DISCORD - TWITTER - INSTAGRAM - FACEBOOK - # Governance Governance functions of COG gaming platforms are a future-planned functionality and will be determined once the initial phases of our platform and games are released as per the roadmap. All elements of COG platform will be transferred to an on-chain governance model that keeps COG connected and responsible for its community. On-chain governance is a way to manage and implement changes to smart contracts. The controls for initiating changes are coded into the smart contract, and the developer can propose changes through code updates. Initially, gamers active in the COG community will be selected to participate in the governance model. It will open to those with a set minimum level of governance tokens. Each gamer will have voting power based on the amount of governance held. Functions to be delegated to the governance model include (but are not limited to): **Economic Systems:** * Set Fees for transactions, Digital Asset, and Taxes. **Game Development:** * Make suggestions for new games and features to be integrated into the platform * Prioritize features for each new release * Receive priority access to new releases. **Exclusive Benefits:** * Receive presale notification of NFT Digital Asset releases. * Receive early access to new games in the platform. * Receive exclusive access to specific items in COG Store. # COG Team Circle of Games (COG) is build by experienced veterans with more than 140 years of combined game industry experience * [Rabilal Thapa](https://www.linkedin.com/in/rabilal-thapa-8319561/) - CEO/Co-Founder * [Rajeeb V C](https://www.linkedin.com/in/rajeeb-vc-7740357/) - CTO/Co-Founder * [Rohit Tiwari](https://www.linkedin.com/in/rohit-tiwari-49589415/) - CMO/Co-Founder * [Kalla Paidiraju](https://www.linkedin.com/in/paidiraju-k-5a378921b/) - Associate Director, Art * [Sajid Shaik](https://www.linkedin.com/in/sajid-shaik/) - Senior Software Engineer * Sreehari Sreeraj - Software Engineer * Gaurav Chaudhary - UX Designer * Shivraj Hadfadkar - Game Artist * Ashish Gaikwad - QA Engineer * Roopa Reddy - QA Engineer * Ankit Sinha - Growth & Marketing Manager * Nikhil Kumar - Community Manager * Prity Roy - Marketing Specialist # Disclaimers & Risks **Disclaimer:** This Whitepaper is drafted in general terms and is only for informational use. This Whitepaper is not intended to constitute an offer to sell or an invitation to an offer to buy and/or subscribe to any crypto-asset, security, or any other financial instrument or investment product. The COG-Token ($COG) is strictly a utility token and is not and cannot be considered as a security or otherwise; a regulated token of any kind is not in any way digital money and/or fiat or asset-backed stable coin, whether global or limited in scope, in any jurisdiction. By accessing this Whitepaper, the reader represents and warrants that they understand, accept, and acknowledge that the crypto-asset market involves high risks that any potential participant should carefully consider before deciding whether any potential participant should proceed with any involvement in any crypto asset. It shall be the reader’s sole responsibility to become informed of any risks that may arise in connection with this Whitepaper, any given crypto asset, crypto-asset markets, and the areas of blockchain and distributed ledger technology in general. The information in this document is given in good faith, and COG makes no warranties, guarantees, or representations regarding the information's accuracy, completeness, or suitability. COG expressly disclaims any responsibility, and Recipients expressly waive any claim for any direct or consequential loss or damages of any kind whatsoever (whether foreseeable or not ) arising directly or indirectly from (i) reliance on any information contained in this document or any information which is made available in connection with any further inquiries, (ii) any error, omission, or inaccuracy in any such information, (iii) any action resulting therefrom or (iv) usage or acquisition of products. This disclaimer applies notwithstanding any negligence, default, or lack of care. This Whitepaper, in whole or in part, and any copies thereof, shall not be taken or transmitted to any country where the distribution of Whitepaper is prohibited or restricted, or otherwise contrary to the law. COG may update, modify or correct this document at its sole discretion, without notice or incurring any obligation or liability to any recipient. This document is strictly confidential and intended to be viewed exclusively by those authorised explicitly by COG. This document shall not bind, convey any rights, obligations, terms, performance, covenants, representations, or warranties on behalf of COG to a recipient, or create any relationship between COG or any other party. ### # Change Log This is an ever-evolving document. As we build and grow the COG, we anticipate detailing out more of what's been written in this whitepaper including big learnings that might lead to changes that help us better serve our player & Community. **v1.0 (Formation of Whitepaper) - 9th September, 2022** **v1.1 (Updated Tokenomics) - 13th March, 2023** **v1.2 (Updated Tokenomics, private sales) - 11th April, 2023** **v1.3 (Major updates on Tokenomics) - 2nd January, 2024** # Legal Notices ## **Warning** The crypto-assets or tokens subject to be issued as described herein: * May lose their value in whole or in part; * May not always be tradable on organized markets; * May not be liquid; or * May not be redeemable for the goods or services described herein, especially in cases of failure or interruption of the project carrying out the issuance. ## **Potential Conflicts of Interest** Any party related to the Issuer, such as majority shareholders, companies controlled by the Issuer or in which the Issuer has an interest, and any other subsidiary of any kind, may maintain or enter into new transactions with other related entities, which may give rise to conflicts of interest. In the event of a conflict of interest between any of the Issuer's affiliates and any other party related to the Issuer, this could result in the suspension of token transactions for reasons unrelated to market forces. However, in the event that a conflict of interest is identified, the issuer's management body will use its best efforts to prioritize the interests of the token holder over any other. ## Risks A token carries many implicit risks, some of which we will mention below, but this does not mean that there are no others. These risks may result in the complete loss of tokens, or their value. The token holder assumes and fully understands all the risks involving tokens. In the event that the token loses value or anything else occurs, the token issuer may not, under any circumstances, compensate the token holder in any way. ## Offering and Trading Risks ### Illiquidity Risk It is possible that the token in question may not be listed on any secondary market or that there may be a lack of liquidity in OTC (Over-The-Counter) markets. The company is not responsible for any fluctuations that the token in question may suffer in any type of market, or for the fact that such markets may allow the token to be listed, which may entail illiquidity risks. Even if the token were to be listed on a third-party platform, such platforms may not have sufficient liquidity or even face risks of regulatory or compliance changes, thus being susceptible to failure, fall or manipulation. In addition, to the extent that a third-party platform lists the token in question, granting an exchange value to the token (either in cryptocurrencies or fiat money), such value may suffer volatilities. As a buyer of this type of asset, the user assumes all risks associated with the aforementioned speculation and risks. ## Risks Associated with the Execution of the Project and/or the Issuer ### Forward-Looking Information Risk Certain information contained herein is forward-looking, including financial projections and business growth projections. Such forward-looking information is based on what the Company's management believes to be reasonable assumptions, and there can be no assurance as to the actual results. Future events could differ substantially from those anticipated. ### Unanticipated Risks Cryptographic tokens are a newly created technology that is still in the testing phase. In addition to the risks mentioned above, there are other risks associated with their acquisition, storage, transmission and use, including some that can hardly be anticipated. Such risks may further materialize with unforeseen variations or arising from combinations of the above-mentioned risks. ### Regulatory Risk Blockchain technology allows for new forms of interaction and certain jurisdictions may apply existing regulations or introduce new regulations that address applications based on blockchain technology, which may be contrary to the current configuration of smart contracts and may, among other things, result in substantial modifications to smart contracts, including their termination and the loss of tokens to the buyer. ### Risk of Project Failure or Abandonment The development of the project proposed by the Issuer herein may be impeded and stopped for different reasons, including lack of interest from the market, lack of funding, lack of commercial success or prospects (e.g., caused by competing projects). This token issuance does not guarantee that the objectives set forth herein will be fully or partially developed or that it will bring benefits to the holder of tokens offered by the Issuer. ### Competitive Risk It is possible that other companies may provide services similar to that of the company. The company could compete with these other businesses, which could have a negative impact on the services provided by the company. ## Risks Associated with Tokens and the Technology Used ### High-Risk Product This type of product has high implicit risk. The value of tokens may fluctuate up and down and a buyer may not recover the capital initially used. There may also be changes in taxation and/or possible tax deductions. The aforementioned taxes and tax deductions always refer to those in force and their value will depend on the circumstances of each buyer. Participation in such projects must always be made taking into account all the information provided by the issuer. ### Software Risk The smart contract by which the referred tokens are traded are based on Solana Blockchain. Any malfunction, crash or abandonment of the Solana Blockchain may cause adverse effects on the operation of the tokens in question. On the other hand, technological advances in general and in cryptography in particular, such as the development of quantum computing, may bring risks that result in the malfunction of the tokens in question. Smart Contracts and the software on which they are based are at an early stage of development. There is no guarantee or way to ensure that the issuance of tokens and their subsequent marketing may be interrupted or subject to any other type of error, remaining an inherent risk of defects, failures and vulnerabilities that may result in the loss of the funds contributed or the tokens obtained. There is a risk of hacker attacks on the technological infrastructure used by the Issuer and on essential networks and technologies. As a result, the Issuer may be partially, temporarily or even permanently prevented from carrying out its business activities. Other computer attacks on the Solana Blockchain, software and/or hardware used by the Issuer could also occur. In addition to hacker attacks, there is a risk that Issuer's employees or third parties may sabotage technological systems, which may result in the failure of the Issuer's hardware and/or software systems. This could also have a negative impact on the Issuer's business activities. ### Risk of Custody / Loss of Private Keys The Issuer's token buyer acknowledges, understands and agrees that in case of loss or theft of the private key or password, the buyer may lose access to the tokens permanently. In addition, any third party with access to the aforementioned private key could misappropriate the tokens contained in the digital wallet in question. Any error or malfunction caused by or related in any way to the digital wallet or token storage system in which the buyer wishes to receive its tokens may also result in a loss of tokens. ### Risk of Theft The concept of Smart Contracts and the software platform on which they operate may be exposed to cyber-attacks or hacks by third parties, whether through malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. Any of these attacks could result in the theft or loss of invested capital or acquired tokens which, in turn, could lead to the non-achievement of the objectives set forth by the Issuer herein. ### Risk of Incompatible Wallet Services The digital wallet service provider or the digital wallet used to receive tokens must comply with SPL token standard to be technically compatible with such tokens. Failure to ensure such compliance may result in the investor not gaining access to their tokens. # Appendix ## Problem Statement The biggest challenge facing Web3 (commonly referred to as the future internet domain utilizing decentralized blockchain technologies) is mass adoption by mainstream internet users. History has shown us that mass adoption helps foster momentum in improving new technologies and creating new economic opportunities – the adoption of smartphones and web apps being one example. It is proven from the various study and research, Gaming is the real use case for building massive ecosystem of gamers through mass adoption of Web3, where users can experience the internet in a new and familiar space, with games and other entertainment platforms supporting the embrace of this new technology. **While the prospects of Web3 are numerous, several critical roadblocks hold Web3 back from mass adoption:** **Understanding Web3:** Web3 seems complicated to those who are not *in-the-know*. The most significant barrier to the mass adoption of Web3 is the general lack of understanding of the technology. Crypto enthusiasts easily understand Web3, but it presents a steep learning curve for the average user. Web3 can revolutionize the digital economy for those well prepared and well informed. **Usability:** Learning to use dApps and smart contracts is complex, and mistakes can be costly. The overall user experience for Web3 lacks simplicity, interoperability is still a challenge, and the existing innovations of Web3 are more complicated to use than the base protocols. With the mainstream struggling to grasp Web3, they also have little to no patience to put the needed effort to get started. As the mainstream tends to use things that are familiar to them, Web3 needs to be easily used as Web2. **Accessibility:** The limitations in understanding and usability limit the access of Web3 to a technological elite which goes against their intent of a more decentralized and fairer world. Web3 becomes too hard, complicated, and out of reach, rendering it inaccessible to the mainstream. There is no point to Web3 if the technologically elite are the only ones able to access it. **Trust:** The advent of Web3 (especially cryptocurrency and non-fungible tokens) challenged those with the technical ability, entrepreneurship, and capital to find viable use cases for this technology. The actions of certain players (such as speculative market movements, fraudulent schemes, Ponzi-scheme, scams, and *rug-pulls)* have created a negative reputation for Web3 projects, practitioners, and believers to the public at large. ## Opportunity **Blockchain-enabled Games** Trust and popularity in the old gaming model where only big influencers earn money are decreasing. Fairness, transparency, and much more opportunities are the signature features of blockchain technology. One solution to overcoming the challenges presented by the old gaming model is synergising online games with blockchain technology using **non-fungible tokens** (NFTs) and many other in-games assets. Significant growth trends exist in the gaming market and the blockchain industry. Every day, about 1 million internet users come online, yet there are still 3.2 billion people globally who still lack internet access. The computer gaming industry (which includes games delivered via desktop computers, dedicated gaming consoles, and mobile devices) still has much room for growth and is estimated to have a total value of USD 200 billion by the end of 2021. It is expected that the number of gamers will rise to 2.9 billion worldwide by the end of 2021, with one in three people being gamers worldwide. Mobile is the fastest-growing segment, accounting for over 50% of all gaming revenue. The blockchain industry is also a large and rapidly growing industry, with a forecasted growth of up to US$60.7 billion by 2024. Likewise, with how the internet became a catalyst for the creation of the online gaming sector, blockchain may prove to be a similar technological catalyst to create a new gaming sector in the global game industry. NFTs are digital blockchain-linked assets that are unique and not interchangeable with other assets. An NFT is unique and cannot be replicated, which allows them to bridge the gap between the virtual and physical economies, offering a vast market of valuable digital goods that can be scaled, collected, and traded. The total value of all NFT transactions increased from US$62.8 million in 2019 to $250.8 million in 2020. The current sales value of NFT games is up to US$76.7 million, and NFT metaverse up to US$106.5 million. References: https\://[www.nasdaq.com/articles/nfts-and-gaming%3A-a-match-made-in-heaven-2021-07-08](http://www.nasdaq.com/articles/nfts-and-gaming%3A-a-match-made-in-heaven-2021-07-08) **Play To Earn** With the proliferation of blockchain technology worldwide, new game economic models are starting to emerge. In 2020, The Philippines saw a massive number of non-traditional gamers migrate to crypto-based video games as a way to earn income during the COVID-19 lockdowns. The country saw grandparents, single mothers, and taxi drivers all turning to video games to supplement income - playing, crafting, and trading digital assets, which they could then sell on public blockchain exchanges to transfer into cash. What makes these games different from MMO Gold Farming are games designed around open economies, the elimination of restrictive ToS, and new technology utilising NFTs operating on the blockchain. These new models give power back to individuals by facilitating the ownership of assets they purchase and earn. Play-to-earn games are the latest innovation in the blockchain gaming industry. It will revolutionise how people interact with the economies of their favourite games. It has ensured and embraced the concept of an open economy, ensuring players who bring value to the gaming world are rewarded financially. This has, in turn, seen a domino effect on the crypto markets as many people are trooping to these games (regardless of how gaming-oriented they are) to play and make money for themselves. The markets are upward because these games get investments from prominent institutions and retail investors. We expect it to be so for a while as more games keep getting recognition and traffic. This would lead to more investment which ultimately depends on the market. The immediate future is green, and you’d be wise to participate in these play-to-earn games. ## Solution Approach COG is fully aware of these challenges and already building and supporting a gaming platform that embraces a measured approach toward the future of gaming, ensuring that we properly educate gamers on the benefits of Web3. **Supporting the Web2 to Web3 transition** Currently, standard gamers are Web2 gamers; for every 1 Web3 gamer, there are over 5,000 Web2 gamers. This is no surprise, as Web3 is still very new and would require some time for gamers to transition to Web3 gaming. To help onboard gamers onto Web3, COG will release a Web2 game to help introduce our game and our world to gamers around the world, which will be released via mobile and web. COG allows Web2 players to enjoy the experience of Web3 games without any prior knowledge of cryptocurrency or tokens. Over time, our ongoing mission will be to educate our user base on the benefits and risks of Web3 and assist them with the transition. **Commitment to COG through delivery** COG Team is entirely committed to build a world-class, state-of-art gaming platform, which gamers will love to play and create wealth. We are aware that the crypto-gaming space is full of bad faith actors designed to extract funds from users and investors. Other projects are only focused on raising funds with no fixed plan on how they will deliver a project that meets or exceeds expectations. **Our approach is Unique and different** – within first 3 months of concept design, we released our multi-player/multi-gaming platform with multiple games integrated, and continue to make regular improvements on platform and integrating more games. Our Roadmap lists our priorities for future expansions of COG through the release of new games and optimized platform. ##