$FARM Tokenomics: Hyperliquid's 'The Farm' Game Launches
The Hyperliquid platform has launched its first game, built on their Hyperliquid protocol. The game, titled 'The Farm,' features fully autonomous AI creatures living in a virtual environment. In the game's first phase, users can upload two photos and use a generative AI model to create a hybrid pixelated art expression. For $100 USDC, players can mint this creation and enter it into 'The Selection.' The top 50 voted creatures will become the ancestors of the game.
Only holders of the $FARM token can vote in this selection process, with each address limited to one vote per day. The creators and voters of the ancestors will receive a total of 5% from the dev wallet as an airdrop. On December 20th, 2024, at 08:00 AM EST, 'The Ancestor Selection' will conclude. All selected ancestors will be given attributes generated by AI.
The game is divided into three phases. Phase II, titled 'Evolution,' is scheduled for release in mid-January 2025 and will introduce new creature minting and the ability for creatures to reproduce with their ancestors or offspring. Creatures will also have on-chain wallets and be able to interact with their owners through text-based and audio communication.
Phase III, titled 'The Battlefield,' is set to release in mid-February 2025 and will allow creatures to autonomously form guilds and participate in battles against other guilds and the audience. Participants can make bets on the outcome of these battles, with winning sides receiving rewards from losing sides.
The $FARM token has a fixed supply, meaning no additional tokens can be minted to inflate the supply. Fifty percent of fees collected in $FARM will be auto-burned, and 50% of profits will be used for buybacks and burns of circulating supply.