Access to the exclusive Genesis SMASH Tournaments which are only available to early access participants. The Genesis tournaments will have large SMASH seed starting pool prizes
Whitelisted for beta tournaments set to kick off in Early 2020
A limited edition collectible SmashCard skin- once cards are released
Welcome to SmashTraders
SmashTraders is a fast-paced, skill-based cryptocurrency trading game that lets you create and compete in custom tournaments.
- Access to the exclusive Genesis SMASH Tournaments which are only available to early access participants. The Genesis tournaments will have large SMASH seed starting pool prizes
Whitelisted for beta tournaments set to kick off in early 2020
A limited edition collectible SmashCard skin.
What is SMASH?
SMASH is the in-game currency used to run the SmashTraders economy. This token uses the TRC-20 standard on the Tron network.
All users require SMASH to:
- Create and participate in public and private trading tournaments
- Participate in Smash Tournaments
Purchase digital assets in the SmashStore such as:
- Customizations for your SmashCard
- Special privileges in SmashChat
- Custom nickname
- Other special items
You can earn SMASH by:
Participating in the Early Access
Placing in Smash Tournaments
BEHIND THE SCENES
Our Vision For SmashTraders
As gamers and developers we are disappointed with the vast majority of gaming Apps on the market. We're here to change that.
There is a strong demand for skill-based blockchain games but most games are Ponzi schemes, gambling games and even outright scams. The most common models attempt to incentivize early adopters too heavily which disincentives user growth. With that model new players are at a significant disadvantage. There is also a lack of transparency within games and the user is left wondering if the game is fair.
SmashTraders was developed to solve these issues through the following:
- All players enter tournaments on an equal playing field. Their success in tournaments is based on trading skill alone.
- We designed SmashLevel which is a fair and balanced experience point based level system. Players with a higher SmashLevel receive more daily SMASH allowance.
- We designed the game such that all players closed positions within tournaments are publicly visible. This promotes fairness while preventing trade mimicking.
We use smart contracts and blockchain technology to be transparent and prove the fairness of our distribution of SMASH and SmashCard collectibles.
- We designed the SMASH distribution and allocation structure to
- Maximize number of users and promote user growth
- To strategically seed tournaments to create a healthy competitive environment
- Maximize distribution to depend on SmashTrader success through user growth
Several factors were considered when choosing which blockchain to launch SMASH on. The main reasons for choosing Tron are:
- High throughput/instant transactions
- Great community support
- Low/no transaction fees as well as the ability to supply energy and bandwidth for our users
- Tron has the fastest growing dApp community
In the future we may add compatibility with other blockchains such as Ethereum or EOS but this will not impact the total supply of SMASH.
GENESIS SMASH TOURNAMENTS
Players who participate in the early access gain exclusive access to the Genesis Tournaments. These tournaments are seeded with large prize pools to kick-off the launch of SmashTraders. Each tournament lasts one week. These are a one-time event. Here are the details of each tournament:
Genesis Tier I
Entry Fee: 25,000 SMASH
Duration: 7 Days
Genesis Tier II
Entry Fee: 10,000 SMASH
Duration: 7 Days
Genesis Tier III
Entry Fee: 2,500 SMASH
Duration: 7 Days
These are tournaments hosted by the Smash Team. They are seeded with SMASH that comes from the tournament seed wallet. This means that the tournament prize pool is equal to: Seed Amount + Entry Fees & Rebuys
Aside from daily allowance, this is the only way that new SMASH is distributed.
This table illustrates the various SMASH tournament types. The frequency of these tournaments will increase to match the demand of active users. (Note: The Genesis Tournaments are a one-time event)
|Tourney Type||Duration (hrs)||Seed||Entry/Seed Ratio||Entry Fees||Rebuy|
|Smash Genesis III (1,000 Entry)||168||2,500,000||1,000||2,500||1|
|Smash Genesis II (10,000 Entry)||168||15,000,000||1,500||10,000||1|
|Smash Genesis I (50,000 Entry)||168||50,000,000||2,000||25,000||1|
|Smash Hour (100 Entry)||1||20,000||200||100||1|
|Smash Hour (500 Entry)||1||100,000||200||500||1|
|Smash Hour (1,000 Entry)||1||250,000||250||1,000||1|
|Smash Hour (10,000 Entry)||1||3,000,000||300||10,000||1|
|Smash 4-Hour (2,000 Entry)||4||500,000||250||2,000||2|
|Smash 4-Hour (10,000 Entry)||4||3,000,000||300||10,000||2|
|Smash 12 Hour (500 Entry)||10||100,000||200||500||2|
|Smash Daily (1,000 Entry)||24||250,000||250||1,000||2|
|Smash Daily (3,000 Entry)||24||1,200,000||400||3,000||2|
|Smash Daily (10,000 Entry)||24||4,500,000||450||10,000||2|
|Smash Weekly (5,000 Entry)||168||2,500,000||500||5,000||3|
|Smash Weekly (25,000 Entry)||168||15,000,000||600||25,000||3|
|Smash Monthly (10,000 Entry)||720||6,500,000||650||10,000||4|
|Smash Monthly (50,000 Entry)||720||35,000,000||700||50,000||4|
*Players in the top 100 by SmashRating will have access to this tournament
Any user can create their own public tournaments with custom rules using SMASH.
These customizations include entry fees, rebuys, leverage and payout structure. The creator may choose to seed the prize pool with their own SMASH but they are not required to. Any player may join these tournaments if they are able to pay the entry fee.
These tournaments have the same customization options as the public tournaments, however require an invite from the creator to participate.
As soon as you are invited by Tron Address, you will see the tournament appear in the ‘Private Tournament’ section of the Join Tournament page.
How to SMASH!
SmashTraders is a one of a kind web app that you can engage with on your phone or desktop browser.
Once a user joins a tournament, they may access the trading interface. This is where the player can open and manage their trading positions. These are the main features of the trading interface:
- Markets: List of all available trading markets. User must select from this list to open a position.
- Order Panel: Users enter the details of their desired position here.
- Chart: An interactive TradingView chart showing the selected trading pair.
- Open Positions: A table containing all active positions and the details of these positions.
- Unfilled Positions: A table containing limit positions waiting to be filled
- Closed Position: A table containing closed positions
- Tournament Statistics: A table containing tournaments leaders and their corresponding tournament rank.
- View Activity: View another player’s closed positions
How to use the trading interface.
This page contains all the important information about your active tournaments, positions and balances at a glance. It is an easy way to launch into your active tournaments. These are the main features of the SmashBoard:
- Smash Balances
- ‘Collect Your SMASH’ Button
- SMASH Distribution Status
- Active Tournaments
- Open Positions
- Unfilled Positions
- Public Tournaments
Players can hold SMASH in two places, their Tron wallet (ie. Tronlink) and their SmashWallet.
This is the local wallet that holds a players active SMASH balance. A users daily allowance and tournament winnings will always be sent to this wallet. SMASH held here may be used to join tournaments, purchase items and interact with the site. SMASH wallet balances will not appear in your Tron wallet token balances but a user may withdraw to their Tron wallet at any time. Using this approach SmashTraders can pay energy and bandwidth costs on behalf of our users.
SMASH can also be stored in your Tron wallet. This SMASH can be sent to other players the same as any TRC-20 token. SMASH in your Tron wallet must be deposited to the local SmashWallet in order to use on SmashTraders. SMASH purchased in the early access sale will go to your Tron wallet, however you will have to manually add the Contract address for it to appear.
Smash Some Rewards!
Here are just a few ways we've added depth and character to the game.
There are many achievements that a player can unlock primarily through making profitable trades and placing high in tournaments. These achievements yield XP which increase the players level. Some achievements also unlock rare and stylish SmashCard customizations.
BY THE NUMBERS
Distribution Of SMASH
Total supply: 2,100,000,000 SMASH
Token Distribution is:
- 10% to Early Access
- 35% to the Allowance pool which is distributed to daily users
- 35% to the Tournament Seed pool which is paid out through SMASH Tournaments
- 20% to the Smash Pool which is for promotions, bounties and other purposes
*Any remaining SMASH from early access will be sent to the Allowance and Tournament
A: ALLOWANCE POOL
735,000,000 SMASH (35% of Total Supply + 50% remainder of Early Access) allocated to active users daily as follows:
B: TOURNAMENT SEED POOL
SMASH Tournament Seed Distribution: 735,000,000 SMASH (35% of Total Supply + 50% remainder of Early Access) awarded to winners of SMASH Tournaments. SMASH Tournaments will happen on a dynamic schedule that is designed to increase the frequency of tournaments as the user base grows. The distribution of tournament seed pool should be between 1 – 2 years based on anticipated user growth and activity.
Everytime tokens are allocated to users, an additional 20% of that token amount is sent to the SMASHPOOL. This process continues until full distribution of all tokens has occurred. These funds will be used for promotions, to seed tournaments once distribution is completed and other purposes at SmashTraders discretion.
Account verification is not required for early access. Your Tron public address used in early access will be whitelisted for the exclusive SMASH Genesis tournaments.
Once the SMASH Genesis tournament registration opens, each player must complete our verification process that includes email and SMS. The verification process is designed to prevent spam accounts. Any users caught using multiple accounts will be banned from the site. All phone numbers and email addresses are encrypted in our databases and will NEVER be used for anything outside of verification.
MORE IN STORE
We believe there is significant value in implementing the features listed below. Regulatory consideration may be required before implementation and therefore are subject to change.
We want to give our users the ability to guide our decisions in the future by leveraging the voting power that blockchain provides.
We are considering placing non-invasive ad banners on our site that our users may rent.
A percentage of proceeds from the SmashStore and ad banners will be distributed to our users through SMASH. We have not decided on the specific percentage but the intent is to ensure our users are rewarded for participating in the SMASH economy.
SmashCards as NFTs
Develop the smart contract that will make all SmashCard skins, emblems, fonts and colors NFTs (Non-fungible Tokens)
Other trading related games are being developed and will be announced at a future date.
We are asking for support from the Tron community and hope that through our success we may help support the growth and development of future projects and bring more users into the Tron ecosystem.