FAQ | Deputy Dawgs

Deputy Dawgs Ecosystem Q&A

Q1: What is Deputy Dawgs?

A: Deputy Dawgs is a Web3 gaming ecosystem that empowers players with rewards, true ownership, and the potential to earn from their time and skills. It's built on blockchain technology to enable a fair and decentralized gaming experience.

Q2: How does the Deputy Dawgs ecosystem work?

A: The ecosystem includes multiple Web3 games where players can earn in-game assets and tokens. These assets are stored on the blockchain as NFTs, offering players actual ownership. The platforms deflationary model ensures that in-game rewards hold increasing value over time.

Q3: What is the play-to-burn concept?

A: In the Deputy Dawgs ecosystem, the play-to-burn model allows players to burn a portion of tokens they earn to help reduce the total supply, creating scarcity and value for all players. By actively participating and burning tokens, players contribute to a healthier ecosystem while enhancing their own rewards.

Q4: How does burning work, and how is the supply sustained over time?

A: The burn mechanism in Deputy Dawgs is uniquely designed with an inverse correlation between token burn percentage and token value. As the token's value increases, the burn percentage gradually decreases. This ensures that while tokens are being burned to support scarcity, the overall supply wont be exhausted over time. Instead, its a balanced approach that maintains token value and scarcity sustainably.

Q5: What are the benefits of Deputy Dawgs' deflationary model?

A: The deflationary aspect of Deputy Dawgs protects and enhances the value of tokens. As tokens are burned, the circulating supply decreases, which often supports the value of remaining tokens. Long-term players benefit from both increased scarcity and the ecosystem's commitment to sustainable token value growth.

Chess Dawgs Q&A

Q1: What is Chess Dawgs?

A: Chess Dawgs is a Web3-based chess game within the Deputy Dawgs ecosystem that brings a decentralized, rewarding aspect to the traditional game of chess. It allows players to earn incentives as they play, turning chess into a play-to-earn experience with real benefits.

Q2: How is Chess Dawgs different from traditional chess games?

A: Unlike traditional chess games, Chess Dawgs rewards players for their time and skill. By playing, players can earn valuable in-game assets and tokens. This provides incentives beyond just the enjoyment of the game, making chess both entertaining and rewarding.

Q3: What's the connection between Chess Dawgs and the play-to-burn concept?

A: In Chess Dawgs, players earn tokens that they can choose to burn, contributing to the deflationary model of the Deputy Dawgs ecosystem. The play-to-burn approach incentivizes players to participate while also supporting token scarcity, adding long-term value to their rewards.

Q4: How does the burn mechanism impact token supply over time in Chess Dawgs?

A: In Chess Dawgs, as players earn and burn tokens, the total supply reduces. However, similar to the larger ecosystem, there's an inverse correlation between token value and burn percentage. This means that as token value increases, the burn rate decreases, preventing complete depletion of supply and ensuring sustainable growth in value for long-term players.

Q5: How does Chess Dawgs benefit the chess community?

A: Chess Dawgs offers players a way to earn from their skills, providing a meaningful alternative to traditional, incentive-free chess platforms. It turns hours of gameplay into potential income, making chess not just a game but a source of value and financial empowerment.