# Beramonium Chronicles

> S&P Berachain Rating System

**Published by:** [Standard & Paws](https://paragraph.com/@standardandpaws/)
**Published on:** 2025-02-15
**URL:** https://paragraph.com/@standardandpaws/ifr-beramonium-chronicles

## Content

EXECUTIVE SUMMARYTYPE: Berachain gaming ecosystem.MEDIUM: https://medium.com/@beramoniumchroniclesGAME DOCS: https://beramonium-chronicles.gitbook.io/gemhuntersWEBSITE: https://www.beramonium.io/X ACCOUNT: https://x.com/beramoniumPROJECT DESCRIPTIONBeramonium aims to be the gaming and NFT hub of Berachain. Is “the first Bera themed RPG”.BERAS CAN'T READSECTION 1: PROJECT OVERVIEW & BERACHAIN INTEGRATIONPROJECT DESCRIPTIONSCORE = 5/5Beramonium has a clear and defined strategy: to create an RPG that demonstrates real and effective game play, that attracts players, without presenting in-game economic incentives that can distort or undermine the game's economy. Starting from this base and avoiding the failed Play-to-Earn model, they add a cryptographic layer with an entry model to the game through staking of their NFT, off-chain rewards and improvements and a token that does not interfere with the development and game-play of the game.This is why, for Beramonium, proof of liquidity offers a completely new approach to value creation. Here their liquidity pool generates BGT, which generates various tokens from bribes/incentives. These tokens can then be used as rewards.Basically, their LP is now generating rewards for their players - this is recognized as a new and sustainable P2E model unlike past experiences that were successful at the time but unsustainable.These rewards are not extracted from other players, they do not deplete their war chest and they come as OTHER tokens from the Berachain ecosystem without inflating their token supply or creating selling pressure.On an episode of The Honey Cast, Roffellos (Beramonium Chief Bera) explained that: the focus of the project is on the game, on having a really good experience playing it. Not on building the best DeFi system. Make a great game that people actually enjoy.Sources:Roffelos X post: "POL and gaming" - LINKBeramonium Vision Doc - Pages 2-5 - LINK (We understand that, even though it is an old version of the project idea, the mission and vision are stated in a very specific way).The Honey Cast "Beramonium Chronicles" 08/22/24- LINKDEVELOPMENT STAGESCORE = 5/5Being one of the oldest projects in the Berachain ecosystem (started in October 2022), it has gone through several development phases.The most crucial one was after Season 1 of the game test, where they moved from a single-player RPG model to an idle campaign RPG model.At the time of writing this report, the project has finished the testnet phase on Bartio with quite promising statistics for the mainnet.Regarding the roadmap, although at the time of making this report there is no official document that describes it, in the interview conducted by the validator Stakecito, Roffelus (founder of the project) gave an idea of ​​the roadmap for two years from now:Season 2 on Berachain Mainnet in free to play mode.Development of the account leveling system.Development of the crafting system.Development of a non-custodial staking.Since day one of mainnet, holders have been able to migrate their NFTs to Berachain.Gemhunters Season 2 will happen around ~1 month into the mainnet, and the Rewards Pool will have a value of over 100k USD (looking at current floor prices). With Season 2 we are also releasing Free to Play mode, which will allow anyone to try out the game.Gemhunters is in constant development as we strive to add new features every Season. Beramonium has a team of 9 developers who are experts in video game creation, art and software engineering.Sources:The Honey Cast "Beramonium Chronicles" 08/22/24 - LINKBERACHAIN INTEGRATIONSCORE = 5/5Beramonium has been one of the first native projects developed exclusively for Berachain. From the beginning, it has stood out as the pioneering game on Berachain, fully integrated into the Berachain lore and also one of the first projects to release NFTs featuring bears as main characters. Additionally, its early adoption in the Berachain ecosystem has allowed it to build solid relationships with other native projects.They recently explained in a post by X how PoL will be applied in the game:Source:Beramonium website - LINKBeramonium X Post - LINKCOMPETITIVE ADVANTAGESSCORE = 5/5While there are other game projects in development, Beramonium is currently the first RPG that is fully integrated with Berachain lore.With an established community, several quality partnerships, a sold-out genesis NFT collection, and having overcome several development and team issues, Beramonium is very well positioned within the Berachain ecosystem.SECTION 1 - FINAL SCORE: 20/20SECTION 2: TOKENOMICS & IDO CONDITIONSIDO TERMS AND CONDITIONSSCORE = 5/5Launch FormatPrice Discovery SaleMin. Bid Price0.0009 BERAMin. FDV868,000 BERAAuctioned supply75,000,000 BERAMOTotal Supply1.000.000.000 BERAMOTOKEN UTILITYSCORE = 5/5$BERAMO will be a token with which you can give more power to in-game activities, with which you can acquire cosmetic improvements, elixir, boosts, etc.They recently explained in a post on X the implication and usefulness of the token within the Beramonium ecosystem:Also, holders can use $BERAMO to participate in governance votes and vote on the upcoming Seasonal Rewards for the next Season (which NFTs/Tokens/Projects will go into the Season Rewards Pool for the following season).Sources:Beramonium X account post: "Beramo token overview" - LINKThe Honey Cast "Beramonium Chronicles" 08/22/24- LINKStakecito | Validator podcast - 09/22/24 - LINKTOKEN DISTRIBUTIONSCORE = 5/5According to its tokenomics, the distribution of the $BERAMO token will be as follows:The token emission scheme is as follows:Source:Lord Pemberton tokenomics advisor announcement - LINKPROOF OF LIQUIDITY IMPACTSCORE = 5/5As can be seen from the sources provided above, the project and its token have been developed with the Berachian PoL consensus mechanism in mind.The following graph shows how PoL can boost Play & Earn:Separate from the game, the project proposes to launch its own token, have its own liquidity and with this generate $BGT, and thus, earn incentives and bribes, and with this pool of benefits incorporate them into the reward pools that are obtained by playing.Sources:Beramonium X account post: "POL + Play & earn" - LINKThe Honey Cast "Beramonium Chronicles" 08/22/24 (Min. 26 - 28) - LINKBeradrome real deal #5 announcement - LINKSECTION 2 - FINAL SCORE: 20/20SECTION 3: SOCIAL MEDIA & COMMUNITY ENGAGEMENTSOCIAL MEDIA PRESENCESCORE = 5/5The main platforms used by the team are X (born on 10/27/22) and Discord (first post on the announcement channel on 02/21/23). Currently their X following has crossed 22K & over 4.5K on Discord.In the more than 2 years of development, they have managed to create a healthy community, which has followed the project beyond certain changes: on 04/11/23, its founder, ICL, left his position due to health problems, leaving Roffellos in charge. Later, after season 1, they did not publish anything on Discord Announcements Channel (like a "silence" or "hibernation" period) for 7 months (from 04/24/23 to 11/30/23) and the game changed its format due to the risk of farming and exploit by incorporating the economic component into it. On the other hand, activity remained normal on X's account in the same period.Analyzing the posts on this last platform, we can see that the engagement is not only about WL & giveaway posts, there are many very good informative posts with a very good engagement rate in the form of likes and replies.Sources:Tweetscout X account analysis - LINKFounder resign message - LINKFirst message after the "silence period" - LINKCOMMUNITY GROWTHSCORE = 5/5The growth of the community is good and organic.Both on the X account and on the Discord server, the activity is recurrent, queries are resolved quickly and both the founder and the core team are present most of the time.With the recent inclusion of the Beramonium mission in CubQuest by THJ, the community has realized the potential that the project has and numerous followers have joined.On their social networks, we can find multiple giveaways in association with other projects in the Berachain ecosystem.Caring for and believing in those who have trusted the project from the beginning, they have a special role in Discord for the “Beramonium Genesis NFT holders”.After that the testnet on Bartio has finished with more than 850 players.ENGAGEMENT LEVELSSCORE = 3/5The community is more active at some moments and not at others. There have been fluctuations and spikes in engagement. That is understandable in a project that has been in development for over two years.On the other hand, we could consider that this is a common theme in projects that are based on Berachain, since many projects in the ecosystem are on the testnet and there is a dilution of attention across the board.Currently, there is a good surge for Beramonium due to the THJ CubQuest.Arguably, between X and Discord, the information had more impact on the first platform than the second.Following the launch of the Berachain mainnet, the engagement process has focused on bridging the NFT from the Ethereum network to Berachain in their own bridge.Then the Season 2 actions will come, within the first month of the mainnet.TRANSPARENCYSCORE = 4/5Updates are frequent and informative. X posts are very well articulated and really feel like a call to action for players in the Web3 ecosystem.However, there is a full focus on information about the development of the game, but little official information about important aspects of the project.For example, at the time of writing this report, much of the information obtained has been through podcasts and interviews, but not in official published documents.However, we understand that this will occur in the immediate future.Sources:Stakecito | Validator podcast - 09/22/24 - LINKSECTION 3: FINAL SCORE: 17/20SECTION 4: SECURITY & RISK ASSESSMENTSECURITY AUDITSCORE = 5/5The first audit of the project was conducted by Bogo Cvetkov (b0g0), Independent Security Researcher on 01/08/25.During this audit, 1 high-ranking issue, 0 medium-ranking issues, and 5 low-ranking issues were found.The high-ranking issue has already been fixed by the Beramonium development team.REGULATORY COMPLIANCESCORE = 4/5Beramonium is a legally constituted video game company under the laws of its country of establishment. The IP is also protected according to current regulations.This gives them the possibility of hiring relevant developers from the video game sector and thus acquiring outstanding professionals and specialists for the development of the Beramonium gaming ecosystem.RISK IDENTIFICATIONSCORE = 5/5The most significant technical risks the Beramonium project is keen to be facing are smart contract risks.The ERC-721 collection “Beramonium Chronicles – Genesis” must be staked to participate in the missions of the Gemhunters game. Any vulnerability in this smart contract could have a dramatic outcome from a security point of view.To counteract these potential risks, the project has conducted an audit of the NFT staking SC. The audit report was received on 02/07/25. It was conducted by Bogo Cvetkov (b0g0), Independent Security Researcher.During this audit, 1 high-ranking issue, 0 medium-ranking issues, and 5 low-ranking issues were found.The high-ranking issue has already been fixed by the Beramonium development team.Source:Staking contract: 0x46B4b78d1Cd660819C934e5456363A359fde43f4CONTINGENCY PLANSSCORE = 3/5As stated, the risks associated with the SC are being mitigated through competent audits.It should also be noted that the project has the support of a major law firm to deal with any eventuality that may arise in the development and start-up of the company.SECTION 4 - FINAL SCORE: 17/20SECTION 5: CREDIBILITY, LEGITIMACY & QUALITYPROJECT AND TEAM BACKGROUNDSCORE = 5/5The Beramonium core team has been changing over time. Obtaining information from their social networks and form THC podcast, we can conclude that the current core team is composed of:Roffellos: He started out as an advisor, but after the Founder resigned, he took over as Project Leader. He has experience in business development. He put together the new Beramonium core team with people he knew from other IRL projects.Lasalien: Founder of Berautistic and part of the core team of Beramonium, BD & SMM of Honeypot Finance.Xanewok: He is the Chief Tech Bera of the project. He has more than 10 years of experience working in software engineering.Sirth: joined video game company Ubisoft (Assassins Creed, Star Wars, Far Cry, etc.), where he worked on a globally recognized brand. A shared interest in cryptocurrencies and Web3 has brought their professional paths together at Beramonium as Game Designer Bera.Byam: in the other Game Designer Bera. He honed his skills at Techland, where, among other projects, he worked on Dying Light.mkvvltra: is the front end lead and the manager of the engineering team.The core team is experienced in both web2 and web3 developments.Sources:Xanewok X presentation post - LINKSirth & Byam X presentation post - LINKmkvvltra X presentation post - LINKThe Honey Cast "Beramonium Chronicles" 08/22/24 (Min. 22:30 - 23) - LINKPROJECT HISTORYSCORE = 5/5The team is committed to delivery and transparency in the evolution of things.They had an initial roadmap with the release of MVP and DEMO, but they need to make a significant change. The reason: they were developing the game ignoring the incentives to cheat when incorporating NFTs with monetary value into the game. This problem caused them to change the direction of the project.Although they had to make this change in the roadmap, they did it with great transparency and overcame this problem with the release of Season 1.Season 1 was launched and concluded with great success.As we have already mentioned, it is in the testnet phase on Bartio and has participated in THJ CubQuests.Source:Medium "Beramonium rewind #4 - the MVP" - LINKREPUTATION IN THE ECOSYSTEMSCORE = 3/5As we have already said, this is one of the first projects in the Berachain ecosystem, so its popularity has had peaks and fluctuations over time.However, in the moments close to the mainnet, the integration with other projects has been notable.With the launch of its token and opening up to a more DeFi perspective, Beramonium will undoubtedly open a new stage for the project.PARTNERSHIPS AND COLLABORATIONSSCORE = 5/5As the OG project on Berachain Eco, the Beramonium have good partnerships with strong names on the ecosystem. They became THJ’s silver partner in January 2024, and reached the role on Berachain’s official Discord Server on September 28, 2024. These are the most relevant partnerships that guarantee their credibility.In addition to these, they also signed an agreement with Beradrome on September 19, 2024. They are constantly participating in lives on X together with Lord Pemberton, honorable member of Berachain and founder of Yeet, in addition to participating in the THC podcast. Sources:THJ silver partner announcement - LINKBeradrome real deal #5 announcement - LINKSECTION 5 - FINAL SCORE: 18/20RATING RESULTSThe project presents a solid value proposition, excellent integration with Berachain, well-structured tokenomics, high social media activity and engagement, and robust security measures.This report has been prepared with information provided by the S&P team of Contributors: 100.s, TheBatman, JotaTotal & AdvisorLeoExecutive Producer:Assessment date: 11/04/24 - Updated: 02/14/25DisclaimerWhile S&P doesn't guarantee absolute protection against scams and rug pulls, it is a valuable tool for navigating the Berachain ecosystem with enhanced security.

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