Cometh (MUST)
Cometh (MUST)
Cometh x Aavegotchi
Cometh (Ticker: MUST) is a DeFi (Decentralized Finance) strategy game where players work together to mine astroids to earn cryptocurrency. The game also allows players to farm Non-Fungible Tokens (NFTs). [2] [1] [3] [10]
Protocol
Cometh was developed as a strategy game where players can win tokens that can then be utilized within the DeFi ecosystem.
In Cometh, players work to position their spaceship close to the asteroids when they pass by so that they can mine those asteroids for tokens.
In order to better position themselves closer to asteroids, players can pay other players to pull their spaceship closer to asteroids.
Players can play around with these fees and try to leverage their strategic position in outer space.
About
The project launched on February 8, 2021.
Cometh (MUST) has strategic partnerships with Aavegotchi and Matic Network (Layer 2).
DeFi users are be able to buy and sell their NFTs via OpenSea.
Arke is the NFT artist who created the Aavegotchi spaceships.
Introduction
Cometh (MUST) is a DeFi enabled blockchain game with yield generating Non-Fungible Tokens (NFTs) built using Layer 2 technology on Ethereum (ETH). The project plans to build an entire Ethereum Layer 2 ecosystem, starting with a game, a Decentralized Exchange (DEX) and scalable exchange (Cometh Swap). [2]
Liquidity Mining will start on Layer 1 with an ETH/MUST liquidity pool comprised of 18,000 MUST distributed over 270 days. It will progressively extend to other pools on layer 1 and 2 by the Galactic Council according to the players’ recommendations. [2]
Cometh x Aavegotchi
Prior to Aavegotchi, Cometh also did a partnership collection with $MEME, one of the most prestigious NFT projects in the industry.
MUST Tokenomics
Cometh distributes the MUST tokens to players contributing to the game sustainability.
Players holding MUST will be able to participate in the governance of the game as well as receive MUST generated by the protocol.
NFT Spaceships
The protocol's NFT Ships are available to buy and trade on the NFT marketplace OpenSea, with 30% cashback for every new spaceship purchased.
Governance
The Galactic Council is the governance body of Cometh and is composed of the mutlisig signers elected by MUST holders. Cometh multisig will oversee the allocation of the development funds and insure the transition between new versions of Cometh’s smart contracts. Holders of MUST can propose changes in the parameters of the protocol, request new features or be elected at the Galactic Council if they have a minimum amount of 1000 MUST. Any MUST holder can vote on proposals and election of the Galactic Council. [2]