The US-based game developer Mystic Moose building the Planet Mojo Ecosystem has revealed exclusive updates about its in-game currency - the $MOJO token. With the token contract already in place, the studio is gearing up to introduce this new digital asset to players in an upcoming update, alongside an engaging airdrop campaign driven by social interactions.

The team also recently announced a significant round of strategic funding. The funding, led by prominent investors including Animoca Brands, Merit Circle, and Courtside VC, marks a crucial milestone for the company, bringing its total raised capital to $10.5 million. In this article, we will cover everything you need to know about the Planet Mojo Ecosystem, the $MOJO token and exclusive eligibility for airdrops.

Planet Mojo Ecosystem

In the realm of gaming ecosystems, Planet Mojo emerges as a promising contender, backed by the Red Moth Network and fueled by its native token, $MOJO. The ecosystem hosts a variety of games, services, and experiences tailored for gaming enthusiasts.

Boston-based gaming company Mystic Moose has recently announced a slew of new additions to its Planet Mojo web3 gaming ecosystem, including innovative games and an expansion for its flagship title Mojo Melee. The unveiling of these updates signifies a significant step towards achieving the company's vision of empowering players through web3 asset ownership and true interoperability. In the next sectiopn of this article, we unpack all the latest and greatest updates coming to the Planet Mojo gaming ecosystem.

(1) Mojo Melee

Leading the charge is Mojo Melee, a multiplayer PvP auto chess battler that promises to redefine competitive gaming experiences. Players can engage in thrilling battles while utilizing $MOJO through various in-game mechanisms known as $MOJO Sinks. Furthermore, earning $MOJO within Mojo Melee is made possible through engaging gameplay sessions, ensuring a dynamic and rewarding experience for participants.

(2) GoGo Mojo

One of the highlights of Mystic Moose's latest offerings is the introduction of a new game called GoGo Mojo. This dynamic endless runner is set to captivate the gaming community, providing an immersive experience for both community members and token holders.

GoGo Mojo stands out by allowing players to utilize their customized Mod-able Mojos from Mojo Melee, fostering an interoperable and engaging gaming environment complete with power-ups, competitive leaderboards, and enticing rewards. Simultaneously, the Mojo Maker, the on-chain avatar system of Planet Mojo, is set to become a standalone web application, further enhancing the player experience within the ecosystem.

For those seeking a different adventure, GoGo Mojo offers an endless runner-style game where players navigate their Mojo through obstacles and collectibles. Notably, GoGo Mojo integrates with Mojo Melee, allowing players to utilize their customized Mojos from the main game. Rewards and $MOJO await skilled players in both casual gameplay and competitive tournaments.

(3) Mojo Maker

Planet Mojo's innovative avatar system, Mojo Maker, empowers players to create and customize their Mod-able Mojos, fostering a sense of individuality and creativity within the community. With ongoing developments, Mojo Maker promises even more features to enhance players' in-game experiences.

(4) Project Nova and Mojo Frontiers

The excitement doesn't stop there, as Project Nova, a AAA game set in the Planet Mojo universe, is actively under development. Meanwhile, Mojo Frontiers serves as the land-based hub for players, offering activities such as harvesting, crafting, and social interactions.

$MOJO Token

The $MOJO token serves as the utility currency for Planet Mojo's vibrant ecosystem, encompassing existing titles like Mojo Melee and the recently unveiled GoGo Mojo, in addition to any future games and experiences within the Mojo universe. With a total token supply of 1 billion, Planet Mojo has allocated 30 million tokens for public distribution and reserved 320 million for monthly community rewards over the next five years.

In Mojo Melee, players can earn $MOJO tokens by triumphing in Duel matches, with winnings determined by factors such as player rank, collection tier, augments, and win streaks. To prevent token farming, players are capped at earning tokens for a maximum of five wins per day. It's expected that upcoming games from Planet Mojo will also incorporate $MOJO token rewards.

Players can utilize $MOJO tokens for various purposes including acquiring cosmetic items, gameplay boosters, tournament entry fees, and purchasing random loot boxes. Additionally, $MOJO will function as the governance token for Planet Mojo, enabling holders to participate in governance proposals. You can read more about the $MOJO token here.

At the heart of the ecosystem lies the $MOJO token, serving as the utility currency for Planet Mojo. With a total supply of 1,000,000,000 tokens, $MOJO powers various token-gated products, services, and experiences within the ecosystem.

Gameplay and Sink Distributions

In Mojo Melee, players will be able to earn $MOJO by winning Duel Matches based on their Player Rank, Collection Tier, and other criteria. Initial functions planned:

1. Player Rank. Only higher Ranks can earn $MOJO.
2. Collection Tier. Holding more Planet Mojo NFTs = more $MOJO.
3. 'Augments' - Certain Digital Collectibles can affect $MOJO earnings.
4. Win Streak. Higher win streak = more $MOJO.

Gameplay emissions per player has a cap set to 5 Duel Match wins per day. There may be Digital Collectibles in the future which extend wins per day cap.

$MOJO Sinks and Faucets

$MOJO Sinks represent avenues for utilizing the token within the ecosystem, while faucets provide methods for obtaining $MOJO. These mechanisms ensure a balanced token economy and foster community engagement through gameplay, tournaments, and collection tiers.

$MOJO Sinks lock up the circulating supply, refill the Gameplay Pool, and reward stakeholders through Sink Distributions. Below are some Sink examples:

GAMEPLAY SINKS - Shop cosmetic and gameplay items using $MOJO.

LOADOUTS - Acquire random collection sets of Planet Mojo game assets.

TOURNAMENTS - Entry fees paid in $MOJO.

LAND GAMEPLAY - Land Altars allow Mojos to open Portals to other worlds & dimensions. Collect Energy Stones to craft Aura Crystals with $MOJO to power Altars. Open Portals with Altars to unveil unique in and out of game rewards.

Faucets are ways to obtain $MOJO. Other methods will be added over time. Below are some Faucet examples:

GAMEPLAY

• Win Ranked Matches of Mojo Melee
• Win Tournaments

COLLECTION TIER

• The Collection Tier system tracks holders' Planet Mojo Digital Collectibles and calculates points based on the total amount held, and in-game Levels of each Unit.

PURCHASING

• In-Game FIAT Conversion via 3rd Party Provider
• Buy on Centralized or Decentralized Exchanges when available

The Collection Tier system tracks holders' Planet Mojo Digital Collectibles and calculates points based on the total amount held and in-game Levels of each Unit. A Collection Tier Rank is then assigned based on the total point value. Collection Tier Ranks receive in-Game Rewards unlocked via Premium Points and Quests, out-of-game rewards and perks, as well as Sink Pool Distributions.

Governance, NFTs and Digital Collectibles

$MOJO holders wield influence through governance proposals and elections, shaping the future of the Planet Mojo ecosystem. Meanwhile, a diverse range of digital collectibles, including Mojos, Champions, and various collections, add depth and collectibility to the gaming experience.

Origin Mojos

The Origin Mojos were the original Mojos Collection. Their total supply is 662. No further Origin Mojos will be minted and the project's leftover reserves were burned to preserve their value.

Mod-able Mojos

Mod-able Mojos are fully customizable Mojos via the Mojo Maker, the in-game and on-chain avatar system. Mod-able Mojos open up UGC content for players to create and sell on the Mojo Marketplace.

Champions

Champions are warriors drawn from the Clans of Planet Mojo. They have been sent to discover the source of a mysterious infestation spreading across the land and to help defend their world from this destructive threat they call the Scourge. In Mojo Melee, a player’s team includes a group of Champions that have banded together with their Mojo to battle for a common cause.

Other collections include Golden Mojos, Moj-Seeds, VIP Playtest Pass, Cinematic Collectors Pass, Champion Chests, and Beta Chests. A Digital Collectible's Rarity attribute assigns it a value in the Collection Tier system. When minted In-game, Mojos' & Champions' Rarity distribution is as follows:

• Common - 90%

• Rare - 5%

• Legendary - 3%

• Mystic - 2%

Planet Mojo Roadmap

See the detailed outline for the Planet Mojo roadmap in the image below. 

Final Thoughts

Since its launch, Planet Mojo has achieved significant milestones, including a strategic partnership with Amazon Prime announced in August 2023, enabling Prime members to access exclusive Mojo Melee NFTs. The game, built on Polygon’s highly scalable and fast blockchain, facilitates seamless interaction within the web3 gaming community, further enhancing the immersive experience for players.

With the continued support of investors and strategic partnerships, Planet Mojo is poised to further innovate within the web3 gaming landscape, offering players engaging experiences and opportunities for real rewards.

Disclaimer: The information provided here is for educational purposes only and should not be considered financial advice. Investing and trading carry risks, and decisions should be made after consulting a qualified financial advisor. The views expressed are solely those of the author and do not guarantee future results. Users are responsible for their own investment decisions and should conduct thorough research.