🍃Tribes Overview

Summary

The GGMC ecosystem is centered around bringing convenient and fun access to cryptocurrency mining to anyone, without hassle. We have grown a network in the industry, increased our experience as a team, and built proprietary technology to break down the highly technical and costly barriers usually associated with cryptocurrency mining.

We have done this first for individuals with GGMC NFT, and then for corporations and projects with Kingdom Trust - B2B.

We are now expanding operations with a highly limited, 1:1 collection of 400 tribal gophers, for those looking to get significant exposure to mining at an opportune time before April's Bitcoin halving.

Read the Lost Papers for a deep dive.

Tribes Highlights

• Significant exposure to mining as part of a scale order with GGMC and Kingdom Trust.

• New types of flagship cryptocurrency miners.

• 3 month compounding period, focus on high potential rewards, faster.

• Convenient access and tracking with Kingdom Connect.

• Operational efficiencies with GGMC, lowering project development allocation for both Tribes and GGMC.

• Highly limited, exclusive 1:1 collection with only 400 supply.

• Four tribes with differing religions and cultures. These religions can spread to Goof Kingdom and increase your tribe's potential rewards.

• Different ranks within each tribe, offering different reward multipliers.

• Minting January 2024, one per wallet, no whitelist.

• Intricate #LORE, a story intertwined with Goof Kingdom.

• On-chain, CIP68 NFT.

ASIC Miner Access

90% of mint funds will be deployed on miners and their running costs.

The tribes miner purchase will be part of our biggest ever bulk order, as we are buying alongside Kingdom Trust batch 2, XP sale funds, and compounding for both Kingdom Trust and GGMC. This will result in considerable buying power and great scale discounts. The end result is a lot of hashrate per NFT.

We will be buying a mix of next generation Bitcoin miners, the S21s (with a push for S21 Hydros possible), combined with a powerful allocation of alt-miners, selected based on market information at the time and GGMC historical data.

Reward Flow

Tribes has an emphasis on high potential rewards, faster, while still supporting the GGMC and development. The compounding period (the period rewards primarily go on additional machines) is 3 months. After that, we will move to the standard reward flow:

Gamification & Religion

Each tribe is split into four ranks: Chief, Shamans, Elders, and Tribefolk. All have different reward multipliers.

Each tribe has a boon to a certain cryptocurrency. For example Trenchers have a boon to Cardano. The market performance of this coin against the boon of other tribes can impact rewards.

Each tribe has a religion that can spread to the Kingdom, town by town throughout the quarter. This is algorithmic, influenced by:

• Secondary activity of each tribe.

• Burrowed % of each tribe.

• Performance of tribe's boon.

• Existing religion in neighbouring towns.

The dominant religion at the end of the period will influence Tribe and Kingdom rewards...