Squid Moon (SQM)

Squid Moon Coin (SQM) is a GameFi project that is now trading on the PCS (PancakeSwap) platform. The coin is associated with the popular Squid Game and allows players to place bets, guess if there is an even or odd number of marbles, and increase their score. If players guess correctly, they receive their initial bet back in BNB and are rewarded with SQM tokens, increasing their score and ranking on the leaderboard. However, if they guess wrong, they lose their bet, and their BNB is used to buy and burn SQM tokens. Additionally, there is a 10% chance for players to receive a partial refund of their bet, contributing to the prize pool and liquidity pool. Squid Moon aims to stimulate the SQM economy through these gameplay mechanics: adding liquidity, applying buying pressure, and burning tokens.

The gameplay of Squid Moon involves players competing in a game and aiming to increase their score. A global leaderboard ranks all players based on their score, and the top 8% on the leaderboard receive a prize. This incentivizes players to participate and strive for higher rankings. Each new game launched in the Squid Moon ecosystem adds liquidity, burns SQM tokens, and introduces buying pressure. By depositing BNB to participate in games, players contribute to the liquidity pool for the SQM token. The deflationary nature of SQM, with a 5% tax on all token transfers, further helps maintain the token’s scarcity as 5% of the tokens are burned forever.

Squid Moon has a roadmap for its future development, which includes the initial concept development, game development, marketing plans, branding materials creation, website design, the creation of limited edition NFT prizes, token launch in November 2021 on the Binance Smart Chain, liquidity supply on Pancake Swap, website launch, security audit, and the launch of the first Squid Moon game for the community on December 20th. As Squid Moon continues to gain popularity, it attracts a growing community of fans worldwide, who can connect and engage through social media platforms such as Twitter and Telegram.