New portfolio token and upcoming launches
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New portfolio token and upcoming launches
May 3, 2023

With many exciting activities for our web3 business just around the corner, we want to keep all of our stakeholders informed and up to date. If you can’t find what you are looking for in this FAQ - follow us on social media or write us a line in one of our Discord channels.

When did Sui Mainnet go live?

The Sui blockchain went live with Sui Mainnet on May 3rd. This has a direct effect on a number of our activities and those of our fellow Fragbite Group subsidiary Wagmi, as outlined in this press release: Cosmocadia and Panzerdogs launch on Sui Mainnet – Fragbite Group

When will Cosmocadia be released? 

The start of the NFT sale and consecutive release of the first playable demo will take place on May 24. Cosmocadia is a Day One Launch Partner, this however does not mean that all launch partner games will release on the same day as the Sui Mainnet. For technical and marketing reasons there will be a schedule of prioritised games releasing over the course of the days and weeks following May 3rd. In the case of Cosmocadia which is one of the most technically advanced games launching on Sui, we firstly need to allow the Mainnet to run in a live environment for a few days to ensure there are no network issues or accessibility problems to the $SUI token. Secondly, we want to harness the hype of the Mainnet launch which we predict will drive new users into the ecosystem. Hence the time in between the Sui Mainnet launch and the Cosmocadia release will be used for marketing activities and further growing the community. 

When will the Cosmocadia NFT collection be made available?

The first Cosmocadia collection will consist of 11,111 Cosmocadians, which function as playable avatars. The NFT collection will be made available starting May 24. 

Where and how can I buy Cosmocadia NFT:s?

The NFTs can be bought on the marketplace Clutchy where initially they will be made available exclusively. After the public sale, the NFTs will also be listed on other marketplaces that support Sui. Besides the 11.111 in-game avatars, different types of NFTs, such as tools, appliances and land, will become available on secondary marketplaces in the near future. 

On the Clutchy marketplace you will be able to buy a Cosmcadia NFT using crypto currency ($SUI). Cluchy is currently working on an on-ramp service which will allow direct purchases in regular currencies, once this service is implemented you will also be able to purchase Cosmocadia NFT:s using a credit card.

https://clutchy.io/launchpad/cosmocadia 

https://clutchy.io/marketplace/cosmocadia

How much will the Cosmocadia NFT cost?

The unit price will be communicated at a later time.  

When can I play the Cosmocadia demo?

The same day as the NFT collection has been made available, we will release the first playable demo of Cosmocadia. It will be made available exclusively to NFT holders who will get immediate access after the NFT is minted.

When is Panzerdogs releasing on Sui Mainnet?

Panzerdogs will be migrating to Sui Mainnet during the second week of June. Date will be announced shortly. For technical and marketing reasons there is a schedule of prioritised games releasing over the course of the days and weeks following the May 3rd launch of Sui Mainnet.

What will happen when Panzerdogs is released on Sui Mainnet?

Firstly, we are migrating the Panzerdogs NFT collections from the Solana blockchain to the Sui blockchain. For more information on why we have chosen this strategic move, please see earlier communication: 5 reasons why we are building on Sui. Secondly, we will in conjunction with the game being fully migrated to Sui release our latest game build complete with significant content and feature updates. 

I own Panzerdogs NFTs, what will happen to them?

We are developing an in-house migration tool that will enable all NFT holders to transfer their NFTs from the Solana blockchain to the Sui blockchain. If you choose not to migrate your NFT, you can still keep it and sell it as before. However, if you decide to migrate your NFT to Sui, you will also gain access to the following benefits:

  • Use your NFTs in-game
  • Receive future airdrops, including the battle pass for Panzerdogs
  • Customise your NFTs in-game

Not migrating your Panzerdogs NFTs to Sui means that you opt out of the above listed benefits. All Panzerdogs NFT collections can be migrated to Sui, this includes:

  • Panzerdogs
  • Panzerdogs - Tanks
  • Panzerdogs - Tank Parts
  • Cyberdogs
  • Panzerdogs Cyberpills
  • Panzerdogs Hoodies 1st Edition

Where can I buy Panzerdogs NFT:s?

If you're looking to purchase Panzerdogs NFTs, the first collection of which consists of 5,555 unique Panzerdogs with accompanying airdrops, they are currently available on the Solana marketplace, Magic Eden. To buy them on Magic Eden, you can use either a credit card or a wallet that supports Solana. After connecting your wallet to Magic Eden, you can browse the available NFTs, place bids, or make direct purchases using your connected wallet. Once the purchase is complete, the NFTs will be transferred to your wallet. It's worth noting that after the migration to Sui, Panzerdogs NFTs will be available on Sui NFT Marketplaces.

Solana: https://magiceden.io/marketplace/panzerdogs 

Sui: https://clutchy.io/marketplace/panzerdogs

What is $KOBAN?

$KOBAN is the new name of our portfolio in-game token, a premium currency to be used across all our web3 games, including Panzerdogs and Cosmocadia, as well as future titles. $KOBAN replaces the current name $LUCKY which replaced the initial name $PANZR, these changes do not affect the token’s functionality or value. Renaming to $KOBAN was done with the goal of enabling long-term brand building of our token as a product brand. $KOBAN allows for storytelling close to our hearts as it is inspired by the Japanese currency unit of the same name, which has historically been used in trade and commerce. As an homage to the modern gaming tradition of Japan, the Lucky Kat logo depicts a Maneki-neko - a figurine of a cat believed to bring good luck to the owner. The cat often holds a koban coin in its paw, and now we have our own koban coin to be used for trading and creating exciting gaming experiences for years to come.

Where and how can I buy $KOBAN?

The new $KOBAN token will be available for purchase on a number of exchanges. Together with our market maker Amber Group, we are working to secure contracts with a number of exchanges on which $KOBAN will be traded. $KOBAN will be released on the Sui blockchain after contracts with the chosen exchanges have been signed.

What is the difference between all the different tokens in your games?

Tokens are part of the financial ecosystem of a web3 game, and different tokens have different uses. With the move to Sui, rebranding to $KOBAN and launch of Cosmocadia, we are updating our complete portfolio of tokens. These are the tokens which will be used moving forward:

  • $KOBAN: Our official in-game portfolio token. Used in Panzerdogs, Cosmocadia and all future web3 titles.
  • $SCRAP: Soft currency for Panzerdogs. $SCRAP is an off-chain currency, meaning it is not a real-world currency and only exists within the game's economy. Players can use $SCRAP to buy new items, upgrades, and to level up their tank parts, allowing them to progress through the game and unlock new content. Unlike hard currency, $SCRAP cannot be purchased with real money and can only be earned through gameplay.
  • $BOLT: Hard currency for Panzerdogs. $BOLT is the on-chain currency that is more valuable than soft currency and can be obtained through a variety of means. Players can earn $BOLT by participating in the PanzerPass program and various in-game events. Alternatively, players can also purchase $BOLT using real-world currency or $KOBAN.Unlike soft currency, $BOLT has a higher perceived value in the game and can be used to purchase exclusive items, advanced equipment, or special services that are not available for purchase with soft currency. Additionally, $BOLT can be used to turn game items into tradeable NFTs, which can be sold or exchanged outside of the game's economy.
  • Gems: Hard currency for Panzerdogs. Can be purchased using real money through in-app purchases. They have a higher value compared to the soft currency in the game and are used to buy premium loot boxes that contain non-fungible token (NFT) items, which are unique digital assets that can be collected or traded.Additionally, players can trade gems for other hard currencies like $BOLT or $KOBAN, which are used in the game's economy to purchase exclusive items or services. In summary, gems are a type of in-game currency that can be bought with real money and are used to purchase premium loot boxes containing unique digital assets. They can also be traded for other hard currencies within the game's economy.
  • $cPANZR: Derivative tokens given to Panzerdogs NFT holders for the purpose of encouraging NFT retention via airdrop. Based on how much $cPANZR a holder has, divided by the total amount of $cPANZR in supply, we calculate how much $KOBAN that holder gets airdropped. For example: if we airdrop 100 x $KOBAN tokens, and you have 1% of the total supply of $cPANZR through staking, you receive 1x $KOBAN token. As a user, you need to burn your $cPANZR token in order to receive the $KOBAN token, and fill out a KYC form. More information on the KYC form will follow shortly. $cPANZR was designed specifically for use in one airdrop, it will be discontinued once $KOBAN is released and no further $cPANZR will be distributed.
  • $CADIA: Soft currency for Cosmocadia. Off-chain. Earnable through gameplay in Cosmocadia and used to buy new items and crafting.

When will you sell more tokens?

We are currently preparing for the next round of token sales, no timeline has yet been made public. For more information see this recent press release: Fragbite Group engages market maker for upcoming $KOBAN token sales – Fragbite Group

What is the value correlation between our in-game token $KOBAN and the $SUI currency?

One way to look at value correlation is to compare our token with a share on a public stock exchange. There is no certain fixed connection such as for instance two currencies locked in a fixed exchange rate, but over time there is a clear correlation between how the in-game token (share) fluctuates and how the underlying crypto currency (stock market) fluctuates. That relationship may be exponential and not linear. If you look at the last few years it is often, but not always, the case that in-game tokens fluctuate more than the underlying crypto currency, but it is for obvious reasons not possible to make any such predictions regarding Sui and our in-game token yet. What we can ascertain is that in addition to all the positive factors, such as marketing, the opportunity to build more attractive games, cooperation with a well-financed and knowledgeable player such as Mysten Labs, etc. which we assess will have indirect positive effects on earnings, we assess that placing our token on the Sui blockchain also has the potential to generate good financial results stemming from a more direct correlation. Another factor that affects how well our in-game token performs is the liquidity of the underlying crypto currency. The more money in circulation on a blockchain, the better it often is for the tokens linked to it. Here, it matters significantly how many projects, actors and investors Sui manages to engage - we can assume that with a larger ecosystem surrounding the Sui blockchain, comes higher liquidity over time. And in this case our assessment is that Sui is a well-constructed, well-marketed and well-financed project with a good likelihood of standing up to competition. However, just like all markets, the crypto market is associated with risk and you can only make assumptions and analysis, especially before launch. It's the same with any collaboration - we assess which partner we think can give us the best conditions for future income and choose them, but there are no guarantees. In addition, it is important not to lose focus on the fact that in the end we have to develop good games that the players appreciate. Hence our commitment to putting player experience first.