FARM Token Powers New AI Game 'The Farm' With Three-Phase Evolution
The FARM token is at the center of a new AI game built on Hyperliquid, called 'The Farm'. This game allows users to create and interact with autonomous AI creatures that live within The Farm. Phase I, known as 'The Ancestors', started on December 13th, 2024, where players can upload two photos and use the FARM token to mint a hybrid creature in pixelated art expression.
The top-voted 50 creatures will enter The Farm and live as The Ancestors. Only holders of the FARM token can vote, with one vote per address per day. Players who participate in creating The Ancestors and voters will receive an airdrop of 5% from the development wallet.
Phase II, 'Evolution', is set to start by mid-January 2025. This phase introduces new creature minting and categorization into three types: Aerial, Terrestrial, and Aquatic. Creatures must reproduce with The Ancestors or their offspring to survive. Owners can train their creatures using uploaded data as input.
Phase III, 'The Battlefield', is scheduled for mid-February 2025. This phase allows creatures to participate in battles, either autonomously or through guilds formed by owners and the audience. The winning side will receive a share of the losing side's resources, which could lead to the demise of the losing side's creatures.
The tokenomics of FARM include a fixed supply, meaning no additional tokens can be minted to inflate the supply. Fifty percent of fees collected in FARM will get auto-burned, and 50% of profits denominated in USD pegged stablecoins will be used for buybacks and burning.