Inite - become an idea machine

Inite - become
an idea machine

Introduction
Gaming and games are an important part of modern life. The total market
size for the industry in 2021 was estimated by Newzoo at $175 billion and the
online gaming world in particular is growing at breakneck speed. Worldwide
lockdowns have accelerated adoption of online gaming and resulted in a
significant uptick in revenues. According to Statista, online gaming
generated $21 billion in revenue in 2020 - a 21.9% jump from the previous
year.

Blockchain’s influence on gaming cannot be ignored. The success of Axie
Infinity and the “play to earn” lifestyle model is creating a new revolution in
the gaming industry that can be compared with the impact of CS, WoW or
FIFA years ago.

The central point of this revolution is that gaming has become more than an
industry. It’s now a fundamental part of life for millions of people and
communities, exemplified by the way the “play to earn” model is no longer
disconnected from other life processes.

At the same time, the problems facing the world, from climate change to
the coronavirus pandemic, become increasingly complex. They affect all
spheres of human existence: social, economic, political, environmental and
others. Complex problems need a complex solution that acts in different
directions at the same time and that solution requires new approaches that
go beyond traditional ways of thinking.

Modern gaming metaverses is one such environment that can help in the
solution of complex problems, bringing people value and teaching good
habits. And Inite is an attempt to create such a metaverse. It’s a unique
motivational game based on the scientific approach that combines
blockchain gaming with innovative ideation. Players receive daily tasks to
boost their creativity.

Inite Value
Solving problems requires new approaches that go beyond traditional ways
of thinking. It requires that people know how to integrate disparate areas of
knowledge, in particular, to combine creative and scientific thinking.

However, despite the best efforts of copyright specialists, it is becoming
increasingly difficult to protect the uniqueness of a technology or
development, even in the technical field. The situation is even worse in the
field of "pure ideas", where it is almost impossible to prove that you were the
originator of any specific concept.

This is where Inite steps in to solve the problem with blockchain technology,
by providing users with a tool for free idea tokenization and a mechanism for
validation.

Inite is a gaming tool that can help users boost their creativity and cognitive
skills by creating and documenting new ideas, building positive habits at the
same time. This is all the more relevant today, when the cliched mindset and
fast pace of modern life negatively affect IQ and cognitive abilities.

Inite also helps address the ongoing problem of lack of money and poverty
for developing countries. The “play to earn” model gives anyone with an
internet connection the opportunity to earn cryptocurrency and generate a
sustainable source of income. Blockchain games can help in the fight
against poverty and Inite financially stimulates users to perform useful
actions for their personal development.

The Inite Platform
The basic mechanic of the Inite platform is based on users writing out ideas
every day and breaking them down into daily, monthly, and yearly intervals to
help schedule time and set life goals. Ideas are represented in the form of
NFTs.
Users not only suggest and fix their ideas, but are rewarded in game tokens
(see below). Each idea can become the subject of discussion within the
community and get support and feedback. And if a user generates
revolutionary ideas, they can sell those innovations in the form of NFT tokens
on the Idea Marketplace.

Key features of the Inite platform
   Tokenized economy allows you to earn from your ideas
   Built-in market for buying and selling NFT items
   AI for generating ideas for a given theme
   Engaging battles with bosses
   Real-time communication with like-minded people
   Clan system and ability to create DAOs
   Referral system

Idea challenges and rewards
Inite is designed to host idea challenges. Every challenge member has a
defined amount of time (from a day to a month or more) to create an idea on
a given topic. The Inite platform gives INIT tokens to participants.

There are currently three types of challenge:
   Challenges directly from the Inite platform team are rewarded
   in INIT tokens, IDEA tokens and double experience;
   Users can create their own challenges and define their own
   rewards in INIT or IDEA tokens;
   Partner challenges are only open to users who hold NFTs from
   the partner. Rewards are INIT tokens and bonuses from the
   partner.

Inite DAOs
Decentralization and Web3 as a service is an important part of the current
blockchain revolution. DAOs give users an opportunity to unite in groups and
govern assets together. Inite users will have this ability in the game - to
create and join clans (in the form of DAOs) based on their values and area of
interest.

Active participants create their own clans, recruit colleagues and together
bring the idea to life, earning from the price growth of the idea token. In
doing so, DAO clan participants in the Inite ecosystem support each other
financially and manage assets.
Of course, participants can also help each other come up with and
implement new ideas, as well as teach each other useful skills.

In the next phase of Inite's development, we plan to integrate ideas
generated by members with patent offices and other institutions working in
the ideas market.
Ultimately, this should change the current trend that "an idea costs nothing"
and provide the DAO and NFT integration to allow the original author of the
idea to earn from it.

Clans will implement and patent ideas, and idea authors will make money.
Eventually this ecosystem will result in all members of the overall Inite DAO
getting their share of every idea in the Inite community.

Ideas & NFTs
Every Inite platform user can issue and attribute their ideas to NFTs. The idea
is fixed on the blockchain together with the date of its origin. This way, every
Inite user can prove ownership and guarantee that their ideas will not be
stolen. This mechanism will be improved in the future.

The platform stimulates user activity to capture all possible (and impossible)
ideas. Any user can create ideas, issue an NFT and sell it on Inite’s NFT
marketplace. The sales mechanics are similar to Rarible or Open Sea trades.
The idea creator gets their share from reselling.

In the next phase of Inite's development, we plan to integrate ideas
generated by members with patent offices and other institutions working in
the ideas market. Ultimately, this should change the current trend that "an
idea costs nothing" and provide the DAO and NFT integration to allow the
original author of the idea to earn from it.

Gaming world
In addition to the ability for users to write down ideas, Inite implements
classic game mechanics that allow players to develop not only themselves,
but also their characters. The game is based on advancing characters by
generating ideas, describing them and putting them on display. The player’s
avatar competes with other characters, improves his or her skills and buys
equipment.

The order of the user's actions within the system is as follows:
   User creates an idea
   User writes out the idea to receive experience points and items
   User publishes the idea and receives tokens and other rewards
   from the Inite community
   User spends tokens on equipment
   User joins in a boss hunt together with other players

The player’s main task is to come up with a variety of ideas on a daily basis
and track the progress of their implementation by discussing those ideas
and forming a community around them.
The reward for ideas encourages users to create new ideas and buy better
gear, and also to spend tokens on gear improvements to kill stronger bosses
to get even better gear.

Tokenomics
The Inite platform has 2 tokens, INIT and IDEA, both built on the NEAR
protocol.

INIT token                                    IDEA token
INIT is a governance token. It’s available    IDEA is an internal gaming currency used
for staking and can be obtained in            to buy premium functions and
challenges. The number of tokens in           equipment, and for users to reward each
circulation changes all the time and          other for social activities. There is a
depends on players’ activity. Some            program for minting and burning these
actions like character deaths, in-game        tokens, covered later.
purchases, and the creation of ideas
trigger INIT token burns.

INIT Complete release schedule
The chart below illustrates the maximum possible issuance of INIT over the
coming years. Total supply will never exceed more than 1,000,000,000 (one
billion) INIT.

Staking and rewards
The Inite team plans for the long-term development of the project
ecosystem. A user can join the INIT minting/staking program to get rewards,
with especially generous allocations for long-term INIT hodlers. The total
number of tokens allocated to the staking program is estimated at 27% of all
token allocation.
Inite rewards users’ activity through minting. For instance, when users create
ideas, comment on others’ ideas or get likes from other users, they earn
rewards

Play to earn
Inite has a strong program for “play to earn” activity. By competing with
each other, users earn rewards for:
  Each win in a boss fight
  Getting likes and comments from other users
  Creating 10 new ideas daily
  Activity on Inite’s marketplace

Total Supply: 1,000,000,000 INIT
Utility: INIT is a governance token that grants holders the right to raise and participate in
decisions that affect the metaverse.

INIT token can be staked.
INIT can be obtained thru participating in events inside our free2play game.

Seed round:                                                               Staking Rewards
INIT price: $0.025                                                        Play to Earn
Tokens to sell: 5,000,000
To Fund $125,000                                                          Team &
Tokens of supply: 0.5%                                                    Development Fund
                                                                          Ecosystem Fund
Private sale:                                                             Investors
INIT price $0.05                                                          Liquidity
Tokens to sell 50,000,000
To Fund $2,500,000                                                        Advisors &
Tokens of supply 5%                                                       Partnerships

Public sale:
INIT price $0.15
Tokens to sell 20,000,000
To Fund $3,000,000
Tokens of supply 2%

                            %,                Unlock
                            total Supply      and vesting time

Staking Rewards             27%               0% TGE, lock for 6 months, linearly over 5 years.
Play to Earn                23%               10% TGE, linearly over 5 years.
Team & Development
                            20%               0% TGE, lock for 1 year, linearly over 5 years.
Fund
Ecosystem Fund              15%               0% TGE, lock for 1 year, linearly over 5 years.
                                              Seed round: TGE 5% with 3 months lock, then
                                              linearly every 6 months over 2 years.
Investors                   7,5               Private sale: TGE 10% with 3 months lock, then
                                              linearly every 6 months over 2 years.
                                              Public sale: 100% TGE.
Liquidity                   5%                100% TGE.
Advisors & Partnerships     2,5%              0% TGE, lock for 1 year, linearly over 4 years.

Investor allocation
The investor 7.5% allocation of Inite is in recognition of their role as capital
providers and allowing Inite to scale at a competitive and rapid pace,
providing the greatest opportunity for the greatest number of potential
future gamers. The investor allocation (as distributed in various planned
and completed funding rounds below) will be released according to the
following schedule:

     A USD$125.000 seed round offered at USD$0.025/token

           5% of these will be locked up for a period of 3 month

           95% released linearly every 6 months on a 2-year vesting schedule

     A USD$2.5 million private sale round offered at USD$0.05/token

           10% of these will be locked up for a period of 3 month

           90% released linearly every 6 months on a 2-year vesting schedule

     A USD$3 million public sale offered at USD$0.15/token,
     with no lock up or vesting restrictions

Team
              Mike Fluff, CEO
              Mike will be the executive lead at Inite and will ensure that the wider team has
              the resources necessary to build a cutting-edge play-to-earn gaming
              ecosystem. Mike is no stranger to the blockchain industry and has operated
              Chrono.tech since 2017, providing white-label development services to
              disruptive projects in the Ethereum ecosystem. Mike led a team of over 20
              highly skilled developers and professionals at Chrono.tech and worked with
              some of the biggest decentralized projects.

              Andrei Ivanouski, CTO
              Andrei has over 14 years experience in Information Technology. He developed
              his first game at age 13, filled his first admin role at 16, managed a team of 50
              at 17 and launched his first startup at 20. As a visionary and forward-thinking
              leader, he has showcased exceptional skills in forming and building cohesive,
              high-performing teams that deliver consistently outstanding value to clients.
              Andrei is a successful entrepreneur and the perfect choice for his role in our
              game.

Konstantin Kopytkov,     Anastasia Ostapenko,     Gleb Shendrik,           Shadiev Rasul,
CBDO                     Writer                   iOS Developer            Android Developer

Shemendyik Anastasia,    Michael Lobanov,         Artem Sokoltsov,
Frontend Developer       Fullstack Developer      Designer

Roadmap

Completed tasks
 Q2 2021                        Q2 2021                    Q3 2021

Customer development.          Competitors and            Gamification.
First reviews and validation   solutions research and     Application boost -
hypotheses. Problem            implementation             level, experience, stats
approval and market            prototype.                 and equipment system
research.

 Q3 2021                        Q3 2021

AI for generating ideas.       Generative avatars. Your
Access to GPT-3 for            NFT can be imported as
generating texts and           an avatar.
ideas.

Planned tasks
 Q4 2021                        Q4 2021                    Q4 2021

Mint your idea as NFT.         OCR and image support.     Social network.
                               Migrate ideas from
                               notebook to app.

 Q4 2021                        Q4 2021                    Q1 2022

Mind map and graph             AI Power for               Tips /
visualization.                 generating ideas.          Crypto donations.

 Q1 2022                        Q1 2022                    Q1 2022

Governance coin.               Private launch             NFT Marketplace for
                               & airdrop.                 buy & sell ideas.

 Q2 2022                        Q2 2022                    Q3 2022

Creator economy.               Status game launch.        Marketing phase.

 Q3 2022

Multi accounts.