TG DAO 3.0 Launchpad analysis of Sugar Kingdom
Project Highlights
- Sugar Kingdom is an upcoming Metaverse NFT-based game built on Binance Smart Chain.
- The project is a persistent open world with many mini-games, services such as advertising, land and real estate that will come gradually to life.
- Sugarkingdom.io is a game with the same game mechanics as the world famous “Candy Crush Saga” combined with the sweetest Metaverse where users can participate in tournaments,create their own chocolate factory and much more! It is engaging and challenging, with a catching experience. The goal is to be the sweetest and most played game with DeFi features, as well as various other mechanisms of attraction and retention. We incorporate traditional food brands into our LANDs system!
Product
Sugar Kingdom is a different Metaverse, with games for everyone to enjoy.Built by Apes Group International Corp. which is a leading software engineering company in the blockchain gaming space.
It is not a game only for those blockchain users, but it can introduce this technology to millions of gamers around the world. You don’t need to play for long hours to progress and you don’t need to be a professional gamer. Anyone can have fun, try the game for free and even earn from playing it.
There will be 3 game modes:
- Sweet Mode: PvE
- Duel Mode: PvP
- Savage Mode: PvP with bets
It is engaging and challenging, with a catching experience. Sugar Kingdom’s main goal is to be the sweetest and most played game. Being age neutral and suitable for all ages.
Sugar Kingdom — You deserve something sweet!
Business Model
Market
Main competitors include Sandbox, Star Atlas, and Illuvium
Sandbox is one of the first projects to grasp the idea of a real sandbox-style game, where users can do anything they desire, buy lands, hang out, fight and have fun. Sugar Kingdom is taking this idea to a mainstream audience . Game will immerse the players in various types of activities and land management, where players are able to not only build for the show but to build and create utilities, such as the production of various NFTs, services and much more. Players will be also rewarded with in-game token $CANDY for playing and making the right decisions with their NFT assets and various game modes.
Investors
The main investors and partners of the project include MH Ventures, Legion Ventures, BBS Finance, Zephyrus Capital , Alpha Hunt , Pro Starter and many more.
TEAM
Developed by the leading game studio Apes Group International Corp.
Apes International Group is a leading software engineering company in the blockchain gaming space. The game developer has its headquarters in British Virgin Islands.
They work at the forefront of technical advances, to create decentralized applications with great impact on the ecosystem.
- Francisco Linzuain I CEO. Entrepreneur and lawyer, previous founder of two successful companies (with experience in international trade deals with large companies) and former top player of Metin 2 in his youth.
- Timo Trippler I Fundraising & CommercialStrategy Adv. Timo is the CEO of ADAX.PRO, one of the most promising and validated projects on the Cardano network.He is also an expert in launching ICOs and funding strategies.
- Adrian Pariente I Tech Lead. Adrian is a one man army, expert in game development, with experience in the development and successful launch of 4 video games for android and iOs with more than 2.000.000 downloads. Also with experience in Web3 technologies.
- Marcelo Crespo I Art Director. Marcelo is a talented artist of great experience, who brings his creativity and expertise as the differentiating factor to generate a top quality product. Today he also works as Head of Design in the successful blockchain project “The Sandbox”.
- Federico Sabureau I CTO.Federico has extensive experience in managing and coordinating teams, having successfully developed a software factory with international clients.
Tokenomics
Token Utility
$CANDY is the utility token of the platform, which is used for players to bet and play within the platform, buy NFTs, etc.
$CHOCOLATE is the governance token, which will be minted by users’ participation and CANDY staking (no matter if the user wins or loses, the system will give CHOCOLATE just for having taken part in the game as an early adopter).
Token Allocation
Sugar Kingdom scoring review
If you’re not aware of how we choose a project, this data will give you some insight, and what factors we should check for when evaluating a crypto project. In the process of analyzing the Sugar Kingdom project, the TG DAO team, based on an internal scoring system, came up with the following points for each category:
Team:
Good experienced team across all major operational positions with an understanding of the market and their target audience they are aiming for. Good track record of successful projects including the famous “The Sandbox” . Score: 8.88/10
Backers:
The project has more than 30 investment partnerships, although only a small number are strategic and do not represent long term vision of the project. Score: 6/10
Community:
A well-developed community is one of the key indicators of any project. This indicates the interest in this project on the part of the players as well as retail investors. Score: 10/10
PR:
Sugar Kingdom has good advisors and some KOLs, but will not promote the project through company PR companies and article publications in the media. Score: 4/10
Product market match:
The economics of the project has a good balance of views on the monetization of the product and the direct involvement of users to participate in its growth. The market is still hungry for good P2E games with fresh, easy and recognizable game modes. The technology core of this project is well suited for user adoption. Score: 8.3/10
Tokenomics/IDO/Listing:
For public sale total unlock for investors is 5 months: 20% on TGE and then 20% per month.Percentage of the entire supply is well-distributed and there is real utility in the token as well as ability to stake it. All info about tokenomics in detail on the project website.
Tokenomics is critical to a project’s viability. We must be careful and look at all the data provided by the project team. And any sign of red flags should trigger our gut feeling of discomfort. Score: 6.7/10
Development stage:
The team has a well-rounded roadmap and good plan horizon for the project. So far they are moving according to the plan and their guidelines. Score: 9/10
