Elympics has been in stealth mode for the last four years, crafting the infrastructure for social games with money competitions in contrast to the play-to-earn trend that failed due to misaligned incentives and favoring capital inflows over gameplay quality. We've consistently believed that the next big thing in web3 gaming is centered around social gaming combined with quality competition where money is at stake. Prioritizing security, we've partnered with top experts from the leading digital fraud prevention company - Nethone.com to ensure a safe environment, and with strategic partnerships we are now ready to make waves in the web3 gaming industry.

The New Paradigm: Compete-to-Earn

We're positioned at the forefront of the web3 gaming revolution, merging skill-based gaming with real-money competition. This fresh approach to social gaming sees players paying entry fees to battle it out for the prize pool, with rewards funded directly by the players as a bet on their own skills - a model known as "zero-sum gaming," which promises much-needed sustainability in web3 gaming. Creating such games has been a daunting task, demanding stringent security measures, intricate reward systems, innovative user experiences, and the development of engaging multiplayer games - which in itself is a huge step forward. Elympics, however, is making Compete-to-Earn accessible even on a large scale, offering developers the tools to create thousands of these games effortlessly and attract millions of players to the thrill of real-money competitions.

Elympics introduces Compete-to-Earn as an exciting venture for all, opening up new revenue channels and gaming experiences. Our technology enhances social networks, gaming platforms, and entire guilds with the economic potential of real-money competitions instead of repeating the same “Play-to-Earn” playbook from the 2021 period where the reward was not associated with a player's skill. By adding money competition features to existing blockchain ecosystems, Elympics bridges the gap between skill-based games and gaming platforms, delivering a cohesive, secure real-money gaming experience to players globally. We're crafting the protocol that will redefine the future of web3 gaming, and we’re convinced that the next significant wave in crypto gaming begins with Elympics.

Elympics' Unique Value Proposition

Elympics distinguishes itself by being more than just another platform; it's a protocol that introduces money competitions to games across any platform by being chain agnostic. This broad scope allows Elympics to infuse new life into existing gaming platforms, offering a unique money competition experience that can be integrated with competitive web3 games - also games that are already on the market. Our approach transforms any blockchain into hubs for money competitions, drawing millions of players and facilitating billions of transactions. We have started our journey by leveraging the audience of EVM blockchains and now we are ready to move further, with the first major expansion being the TON ecosystem. Unlike competitors, Elympics welcomes any skill game to incorporate money competition features, serving as a meta-layer across various platforms.

Understanding the significance of players' digital reputation, Elympics stands out by providing a unified player profile through its wallet system, where players can build a decentralized reputation and track their competitive history across all integrated games. This feature enhances the competitive gaming experience, offering a consistent and secure environment for all players. Moreover, Elympics arms developers with the necessary tools to create competitive games from scratch - not just to integrate NFTs or tokens. This comprehensive support includes our robust security measures, like Proof of Game and In-Game Oracles, ensuring a safe gaming environment. Unlike competitors, where security often depends on the developers, Elympics integrates top-tier security solutions directly into its SDK, setting a new standard in secure competitive gaming. The developers are the heart of any successful ecosystem, and that is why we focus on empowering devs to bring quality and competitive environments to the web3 gaming world.

On-Chain Security Layer

Elympics introduces an unparalleled security standard in competitive gaming through its on-chain security layer. This feature employs cryptographic gaming rollups, known as Proof of Games, and is supported by In-Game Oracles to guarantee authenticity and fairness in competitive matches. Unlike traditional security measures, this innovative approach is inherent to the platform, providing consistent protection across all games.

Comprehensive Game Development

Elympics offers a holistic platform for creating web3 games with real-money competitions from scratch. While other tools focus on integrating web3 elements like NFTs and tokens into existing games, Elympics empowers developers to build new games entirely. This capability significantly accelerates development time and reduces costs, enabling even small studios to produce competitive multiplayer games efficiently with an even 3 times faster production process and with about 85% cost reduction - both being unprecedented in the current web3 gaming landscape.

Seamless Competition Settlement

The platform’s competition settlement layer integrates real-money competitions into web3 skill games effortlessly. With Elympics SDK, any game - even those already created, can offer a new social gaming experience, allowing players to compete financially within a secure, instantly settled environment. This integration potential transforms the gaming market, providing a fresh monetization avenue for a vast array of games.

Elympics Trust & Player-Focused Innovations

Elympics Trust is a security feature that facilitates instant access to numerous challenges and tournaments, eliminating delays from transaction processing. This mechanism ensures a smooth gaming experience, where players need to confirm their participation in money-stake challenges only once, via a gasless signature process. This is yet another innovation elevating gaming experience to an entirely new level.

• Seamless Onboarding: Players undergo a one-time onboarding process at the protocol level, eliminating redundant setups for individual games.

• No Pre-paid Policy: Players set their maximum stake level (Trust) once and are not required to pre-pay for competitions, enhancing convenience and accessibility.

• Wallet-to-Wallet Settlement: An industry-first approach where player rewards are directly transferred between wallets, bypassing any escrow services.

• Instant and Gasless Gameplay: The Trust system enables uninterrupted play, with single-time, gasless confirmation for entering money-reward challenges.

Decentralized Player Profile

Elympics crafts a unified player profile, functioning as a decentralized reputation system across all integrated games. This profile captures and reflects a player’s competitive history on the blockchain, providing a transparent and trustworthy record of their gaming mastery. This feature not only enriches the player's experience but also fosters a fair and competitive environment across the Elympics ecosystem and becomes a cornerstone to future developments and expansions.

Defining Business Model

Elympics operates as a protocol powering decentralized, competitive gaming with money prizes, establishing a web3 gaming ecosystem grounded in a sustainable, zero-sum economic model. This setup not only gives players thrilling skill-based gaming experiences but also equips developers with the tools to create or incorporate real-money competitions in their games. Furthermore, it offers a lucrative avenue for ambassadors, affiliates, KOLs, and guilds to profit from introducing new users to the platform. Through Elympics, every participant, from players to developers, is linked via a unified profile, fostering a decentralized reputation layer within the ecosystem that will become the backbone of future developments. With this in mind, Elympics aspires to be a foundational layer across the gaming world, connecting games, platforms, guilds, and developers in a cohesive real-money competitive gaming network, while ensuring secure financial transactions and a top-tier user experience.

In terms of revenue streams, Elympics generates income through reserving a small percentage from each player's entry fee in games using its SDK. For instance, in a PvP match with a $20 prize pool (each player paying $10), Elympics takes a minor cut, with part of that income redistributed in the form of referral commissions to ambassadors. As said before, Elympics extends beyond a protocol; it's a meta-layer enhancing competitive gaming across platforms by introducing secure real-money competitions to everyone.

Strategic Milestones and Partnerships

Elympics is on the verge of becoming a pivotal infrastructure for developers to create mini-games with monetary rewards on any blockchain they like. Currently, the next big move from Elympics is focusing on Telegram ecosystem, leveraging its vast 850 million monthly user base.

• Partnership with TON: Launching competitive mini-games on Telegram and becoming the leading gaming infrastructure for the TON ecosystem as well as hosting shared events and workshops for game developers.

• Collaboration with Wemix: We're integrating our competitive gaming infrastructure with Wemix Play, the leading web3 gaming platform in Asia with over 500,000 daily active users.

• Ecosystem collaboration with Polygon: As a new ecosystem partner of Polygon - the #1 Gaming Blockchain according to Game7, we aim to provide secure web3 skill games and efficient payment solutions for prize distribution.

• Connection with GameSwift: We've partnered with a web3 gaming platform that boasts over 100 games and a community of 200,000 gamers.

This expansive strategy offers Elympics access to a broad audience, including Telegram's 850 million users, over 20 million monthly active Metamask users across EVM chains, millions of existing web3 gaming platform players, and over 1 million gaming guild members motivated by monetary incentives.

Elympics Leadership

It’s high time to meet the dynamic leadership team behind Elympics, a trio of seasoned professionals with diverse backgrounds in technology, investment, and blockchain. Their combined expertise and successful track records in game development, entrepreneurship, and strategic investments have positioned Elympics for significant impact in the web3 gaming industry.

Michał Dąbrowski (CEO, Co-founder): Transitioning from a software engineer to an entrepreneur, Michał has a decade of experience in mobile app and game development. His creations have graced major app stores, accumulating millions of downloads and earning features within these platforms.

Jay Szcześniak (Co-founder): A dual expert in Computer Science and Economics from Warsaw University, Jędrzej has over ten years of investment experience and has launched and invested in over 30 companies, several of which have achieved successful exits totaling over $100 million. His expertise in blockchain dates back to 2014.

Tom Kopera (Chief Operating Officer): With a rich background as a blockchain investor and advocate, Tom has invested in over 30 early-stage web3 startups in the past three years. His entrepreneurial journey includes initiating one of the most significant blockchain events in CEE that drew more than 2,000 attendees. Tom is also an Oxford University alumnus, having completed the “Blockchain Strategy for Enterprises” program.

Innovations, Feedback, and Future Developments

Feedback from closed beta tests of Clash of Orbs reveals strong player engagement and enthusiasm for money competitions. The thrill of winning, combined with the regular prize pools, has generated positive reactions and anticipation for future games, evidenced by the common query, "wen next game?" In terms of developers, they praise Elympics for its seamless integration and efficiency in handling online multiplayer complexities. Its comprehensive multiplayer infrastructure, enhanced by WebRTC integration in the SDK, allows for low-latency, WebGL-based game development. On top of this, investors are recognizing the shift towards sustainable economic models in web3 gaming, viewing Compete-to-Earn as a leading approach. This marks a significant change in perception compared to the past few years, highlighting Elympics' growing influence in the industry.

This positive feedback underlines the potential of Elympics in shaping the future of web3 gaming, with its ability to blend competitive excitement, technical prowess, and economic sustainability. As Elympics continues to refine and expand its offerings, it is poised to become a cornerstone in the evolution of the gaming industry.

Future Developments:

• Diverse Competition Formats: While currently focusing on real-time PvP multiplayer games, there's a plan to incorporate various competition forms to broaden the appeal and functionality of the platform.

• Fiat Financial Integration: Implementing fiat on-ramps and off-ramps will simplify the process for players to enter matches, allowing the use of credit cards and enhancing the accessibility of competitive gaming.

• Social Identity Logins: To attract a wider audience, including web2 users, Elympics will use social identity logins. This feature would enable users to participate without needing a blockchain wallet, making the transition to web3 gaming even more seamless and expanding the user base to include those unfamiliar with blockchain technology.

Key Innovations & Milestones

Elympics is at the forefront of innovation in the web3 gaming sector, offering a robust chain-agnostic game development platform that facilitates the creation of real-time multiplayer games integrated with web3 functionalities. With significant platform adoption, educational initiatives, and community engagement, Elympics is not only proving its technological prowess but also its commitment to growing a sustainable ecosystem for developers and players alike.

Here are the key innovations and achievements that underscore Elympics' impact and success in the competitive gaming landscape:

• Platform Adoption: 35 gaming projects are currently being developed on Elympics, with a player base of 40,000 and over 1.5 million gameplays hosted.

• Educational Engagement: The Elympics University boasts 1,783 subscribers, offering courses on competitive multiplayer game development.

• Platform Validation and Community Growth: In 2023, 35 teams globally utilized our SDK to develop multiplayer games, demonstrating the platform's versatility and appeal. Our first fully-functional game, Clash of Orbs, incorporates the money competition layer and is available for community testing.

• Expertise and Funding: Our community of over 350 game developers is supported by esports legends like #1 world best Counter-Strike player, Filip “Neo” Kubski, gaming industry veterans such as Head of Gaming Konami with  30 years of experience - Tony Bickley, and casual gaming experts. Notably, we've secured $5.3 million in funding, underlining the financial community's confidence in our vision and capabilities.