Decentralized Repair Trading System at Pirates World

Pirates World
5 min readJan 15, 2022

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We are pleased to announce that Pirates World — an NFT game based on an oracle economy — has integrated the repair mechanism through Lands into its ecosystem, where Lands owners will be able to offer NFT repair services to other users, generating passive income.

The vision of the project is to create a GameFi ecosystem where different types of investors coexist, integrating solutions that benefit the ecosystem and at the same time promote new decentralized solutions ensuring users generate income while having fun playing in our pirate world.

In addition, these Lands will be a digital representation in what will be the Pirates World Metaverse, where users will be able to navigate between the different islands, participate in guild wars, PVP systems, trading, adventure mode and much more.

NRAAS (NFT REPAIR AS A SERVICE) repair trade system.

The owners of each Land have to make sure that their Pirate Caves and/or Shipyards have the necessary resources for each repair, because when repairing a ship or healing a pirate, 1 item of your repair kit will be spent, so if these resources reach 0, you will not be able to repair more ships or heal pirates.

In case of running out of resources, Land owners will be able to buy them in a market called “Supply Market” at an affordable price to ensure profit but at the same time guaranteeing reinvestment in the game.

The repair kit costs are as follows:

Repair kit per rarity:

Kit rarity 1: $15 USD in RGOLD controlled by oracle, brings a total of 10 repairs that can be used on both pirates and ships.

Kit Rarity 2: $22.50 USD in RGOLD controlled by oracle, brings a total of 10 repairs.

Kit Rarity 3: $30 USD in RGOLD controlled by oracle, brings a total of 10 repairs.

Kit Rarity 4: $37.50 USD in RGOLD controlled by oracle, brings a total of 10 repairs.

Kit Rarity 5: $45 USD in RGOLD controlled by oracle, brings a total of 10 repairs.

Ship repair and Pirate healing costs are as follows:

Rarity 1:
Cost: $10 USD in RGOLD controlled by oracle.
Resources spent: 1 repair.

Rarity 2:
Cost: $15 USD in RGOLD controlled by oracle.
Resources spent: 1 repair.

Rarity 3:
Cost: $20 USD in RGOLD controlled by oracle.
Resources spent: 1 repair.

Rarity 4:
Cost: $25 USD in RGOLD controlled by oracle.
Resources spent: 1 repair.

Rarity 5:
Cost: $30 USD in RGOLD controlled by oracle.
Resources spent: 1 repair.

For each repair 85% goes directly to the island owner and 15% directly to the Kraken Vault.

These repair costs are modifiable but for the initial version we have decided to leave a minimum fixed cost to find the perfect formula that works within this commercial ecosystem, the idea is that the owners of the Lands can in the future control the price, always at least the prices listed above, thus creating a market supply and demand for services.

Rarities

Each Land will have a different rarity, which will grant the owners very important benefits that will allow them to earn passive income through the repairs of the NFTs and income through advertisements.

Land of Rarity 1: Features a Pirate’s Cave.

Land of Rarity 2: It has a Pirate Cave and a Shipyard.

Land of Rarity 3: It has a Pirate’s Cave, a Shipyard and a space for advertisements.

La Cueva del Pirata

A place where the owners of the islands will be able to offer the rest of the players to heal their Pirates.

The Shipyard

When you finish your explorations, your ships must be repaired and this is the place to get them back to full capacity for your next adventures.

Advertising Spaces

As you have read, advertisements in your own Land. This feature will allow you to place advertisements such as videos and images as banners where you can advertise other cryptos projects, companies, your own youtube channel, twitch, etc. That they will be seen by many people who come to your Land to repair NFTs. The possibilities are endless.

Sale of Lands through an INO (Initial NFT Offering)

The sale of Lands will start on the date of the official launch of our platform (NO LANDS WILL BE SOLD BEFORE THAT). The Pirates World team is looking for a mechanism that allows the investment community to have a secure platform where Lands can be sold fairly.

Once the team has information about the exact date of the sale and the platform where the sale will take place, it will be announced through the official channels.

The amount of Lands per rarity and the cost are as follows:

700 Lands Rarity 1 at a price of 1BNB + 50 RGOLD tokens.
500 Lands Rarity 2 at a price of 2BNB + 100 RGOLD tokens
400 Lands Rarity 3 at a price of 3BNB + 200 RGOLD tokens

Lands Marketplace

There will be a Marketplace where users will be able to buy or sell Lands with a price defined by its users.

Supply Marketplace

Everything sold in the supply market will go to the Kraken Vault.

NOTE: LANDS WILL NOT BE SOLD BEFORE THE RELEASE DATE OF THE GAME.

About Pirates World

Pirates World: Sea of Treasure is an NFT game with an oracle-based economy, in which players can find the perfect combination of pirates and the crypto world.

Each player will be able to strategically create their crews, for this it will be necessary to mint pirates and ships, which will have a level of rarity that will give advantages in the expeditions to the 7 oceans.

Pirates World has high standards of integration to the different markets of NFT collectibles, so every NFT you have can be sold directly in the internal market as well as in the markets of the associated partners.

The expeditions you will face will be challenging, you will fight battles with bosses on the islands and at sea you will meet the Kraken who will be in charge of destroying your ships.

The Pirates World ecosystem will also feature special events such as the Guild War that will allow you to earn large amounts of RGOLD for your crew, you can also go in search of the pirate and the unique ship of each season through a special mining event.

Pirates World also wants to integrate to its ecosystem all possible metaverses, so you will find NFT collectibles museums soon in The Sandbox Metaverse.

Official Channels:

Join our Discord:

https://discord.com/EvpJ2m6MHn

Follow us on Twitter:

https://twitter.com/PiratesWorldNFT

Telegram Group:

https://t.me/PiratesworldOfficialChatEN

Coinmarketcap:

https://coinmarketcap.com/currencies/royal-gold/

Coingecko:

https://www.coingecko.com/en/coins/royal-gold

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Pirates World
Pirates World

Written by Pirates World

Pirates World: Sea of Treasures is a play-to-earn NFT game designed to provide the users with a fun experience by collecting Pirates and Ships.

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