# Paydirt Official Paydirt Whitepaper ## The Paydirt Metaverse \ Paydirt is an episodic game series set in the gold rush era wild west. Each game or episode is a part of the *Paydirt Metaverse.*\ \ In Paydirt, players will go **Back in Time to 1849™** to experience ***The Discovery***, embark on ***The Journey***, stake a claim in ***The Rush*** and search for ***The Mother Lode***. Future episodes will expand the Paydirt Metaverse to other famous gold rushes across North America. # Episodes Paydirt is an episodic game series set in the Gold Rush era. Each episode is either a standalone game or an expansion to an existing game.
Released: * [Showdown](https://paydirt.game/showdown) Planned: * [Tycoons](https://paydirt.game/tycoons) * [The Discovery](https://paydirt.game/discovery) * [The Journey](https://paydirt.game/journey) * [The Rush](https://paydirt.game/rush) * [The Mother Lode](https://paydirt.game/motherlode) The initial planned episodes take place in the midst of the California Gold Rush. In addition to the currently planned episodes, future episodes will give players the chance to experience other famous gold rushes such as the Yukon Gold Rush and the Black Hills Gold Rush. # Pillars The Pillars of Paydirt ## Game-first Approach Our goal is to create a game players will want to keep coming back to play. In other words, we place fun at the top of our priority list. ## Blockchain-optional All blockchain features are optional and a wallet is not required to play. ## Accessible The game will gradually introduce gameplay features and blockchain concepts to players with guided tutorials. ## Friendly The community should be a friendly and inviting place. ## Game-as-a-Service (GaaS) Continual updates will improve the game over time. ## Historical Accuracy & Authenticity Every major element of the game design should have a well-researched connection to history. ## Entertain & Educate Players should learn something new while also having fun. ## Immersive, Living World Players should feel like they are stepping into the past and the world should feel alive. ## Vibrant, Sustainable Economy The economy should be free of major flaws, loop holes and vulnerabilities and operate sustainably over a long period of time. ## Play & Earn Players should be able to earn tokens which reward their time spent playing the game. ## Shared Ownership Players should maintain ownership of the value they produce within the game. ## Openness & Interoperability Players should be able to port value into and out of the game to participate in the wider metaverse and blockchain ecosystem. # Roadmap Paydirt's roadmap is dynamic and ever changing in response to internal and external developments. As such, the roadmap is located on the [Paydirt website](https://paydirt.game/roadmap). # Tokenomics Tokenomics for Paydirt are detailed in the Paydirt Gold page. # Key Metrics See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#key-metrics) # Utility See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#utility) # Allocations See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#allocations) # Unlock Schedule See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#unlock-schedule) # Presale See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#presale) # Public Sale See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#presale) # Token Generation Event (TGE) See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#token-generation-event-tge) # Blockchain Network See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#blockchain-network) # Decentralized Exchange (DEX) See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#decentralized-exchange-dex) # Historical Data See [Paydirt Gold](/paydirt-gold)->[Paydirt Gold](/paydirt-gold#historical-data) # Virtual Currency Multiple types of virtual currencies exist in Paydirt due to the [historical accuracy pillar](/paydirt/pillars#historical-accuracy-and-authenticity) that is central to its design. This differentiates Paydirt from other games and creates an opportunity for both fun and learning to take place. ## Gold Dust [Gold Dust](/gold-dust) is the primary virtual currency in [Paydirt: The Discovery](https://paydirt.game/discovery) and all future episodes of Paydirt. It is also a mineable resource. {% hint style="info" %} *During the California Gold Rush,* there was a shortage of coins all across the Americas but especially in California because of the lack of mints in what was then a frontier. This led to the use of gold dust as a currency. {% endhint %} Gold Dust is valued at $16 [Paydirt Dollars](/paydirt-dollars) per troy ounce. {% hint style="info" %} On September 9th, 1848, citizens of San Francisco met to decide the price of gold dust. They agreed that $16 per ounce was a fair price and that it ought to be taken in all business transactions at that rate. {% endhint %} ## Gold Nuggets Gold nuggets can be used as currency and are valued by their weight and purity. It is inadvisable to use the larger [Gold Nuggets](/virtual-items/collectibles/gold-nuggets) as currency as they are typically worth more than their intrinsic value due to rarity and collectability. To calculate the actual value of a gold nugget, the weight in troy oz is multiplied by the fineness and finally by the value of pure gold.\ \ E.g., a 1 oz gold nugget at 825 fineness is worth:\ \ $$1 \* 0.825 \* 20.67 = $17.05$$ [Paydirt Dollars](/paydirt-dollars). The game performs all of the math and displays the value for convenience. A gold nugget must be assayed at the [Mint & Assay Office](/mint-and-assay-office) to determine its purity. ## Gold Coins Gold Coins can be used as virtual currency by spending at face value. There are both generic coins and rare coins. Limited edition collectible [Gold Coins](/virtual-items/collectibles/gold-coins) can be worth more for their artifact value or numismatic value than their face value or intrinsic value due to rarity and it would be wise to avoid spending them.\ \ Gold Coins can be minted in denominations of $1, $2.50, $5, $10, $20 and $50 [Paydirt Dollars](/paydirt-dollars) at the [Mint & Assay Office](/mint-and-assay-office). Some coins will be available for a limited period of time and some are specific to certain locations. ## Gold Bars Gold bars are valued by weight and fineness (purity) and can be spent as virtual currency. They range in size from 5 to 1000 troy oz and are typically used in larger transactions. {% hint style="info" %} The [Coinage Act of 1834](https://en.wikipedia.org/wiki/Coinage_Act_of_1834) established the U.S. statutory price of gold at $20.67 per troy ounce and it remained at that price until 1933. {% endhint %} To calculate the actual value of a gold bar, the weight in troy oz is multiplied by the fineness and finally by the value of pure gold. One fine oz of pure gold is worth $20.67 [Paydirt Dollars](/paydirt-dollars).\ \ E.g., a 100 troy oz gold bar at 914 fineness is worth:\ \ $$100 \* 0.914 \* 20.67 = $1889.24$$ [Paydirt Dollars](/paydirt-dollars). The game performs all of the math and displays the value for convenience. A gold bar must be assayed at the [Mint & Assay Office](/mint-and-assay-office) to determine its purity. Gold bars produced by the Mint & Assay Office are automatically assayed and marked. Gold bars produced outside of the Mint & Assay Office which are not assayed or marked with a fineness value are known as *Doré bars*. ## Spanish Reales A Spanish Real in Paydirt is worth 1 [Core Credit](#core-credits) and vice-versa.\ \ The most common unit of this currency is the [Spanish Dollar](#spanish-dollar). Spanish Reales are worth 1/8th of a Spanish Dollar. {% hint style="info" %} *Spanish Reales were a historical unit of currency used in Spain from the mid-14th to mid-19th centuries.* {% endhint %} ## Spanish Dollar A Spanish Dollar is worth eight (8) [Spanish Reales](#spanish-reales) and it is equivalent to a [Paydirt Dollar](/paydirt-dollars). {% hint style="info" %} The Spanish Dollar, also known as the piece of eight, was a historical silver coin that was used in Europe, the Americas and the Far East through the mid-19th century. It became the world's first global currency. {% endhint %} {% hint style="info" %} "Sales were for cash, the currency of the country being placer gold-dust at $ 16 per ounce if clean and pure, and $15 or less for that -which was not so good, supplemented by Mexican dollars and Mexican gold doubloons at $16 each; there was very little European or American coin." —William Tell Coleman {% endhint %} ## Spanish Doubloon A Spanish Doubloon is worth sixteen (16) [Spanish Dollars](#spanish-dollar) or 128[ Spanish Reales](#spanish-reales). {% hint style="info" %} The Doubloon is a historical gold coin. Doubloons were produced in several denominations of 1⁄2, 1, 2, 4 and 8 gold *escudos*, but Americans referred to the eight-escudo denomination as the Doubloon, so that is what is used in Paydirt. {% endhint %} ## Core Credits Core Credits are the virtual currency of the metaverse platform Core. In Paydirt, Core Credits can be converted to [Spanish Reals](#spanish-reales) 1:1 by through purchase or exchange at in-game bank.\ \ Core Credits can be purchased from the [Core Games Shop](https://www.coregames.com/shop). # Paydirt Gold {% hint style="danger" %} Tokenomics page is out of date and reflects an earlier plan and roadmap. We are creating new tokenomics that reflect our current [Roadmap](/paydirt/roadmap). We will be crowdfunding and launching the Paydirt token (Ticker: $PAYD) on [*PSYOP Launchpad*](https://psyop.org). We'll update this page soon with the new tokenomics. {% endhint %} ## About Paydirt Gold is the token which powers the economy of the Paydirt game series. ## Key Metrics Token Standard: ERC-20\ Ticker Symbol: GOLD\ Initial Supply: 20 million (see [Historical Data](#historical-data))\ Supply Type: Variable (see [Growth & Sustainability](#growth-and-sustainability)) ## Utility Paydirt Gold is both a store of value and a medium of exchange in Paydirt. It is required to mint and [infused](/paydirt-gold/infusion) within [Gold Coins](/virtual-items/collectibles/gold-coins) and [Gold Bars](/virtual-items/collectibles/gold-bars) which function as [Virtual Currency](/virtual-currency) that can be used to purchase goods and services as well as high-value in-game property. In Paydirt, one (1) whole Paydirt Gold token represents one (1) troy ounce of pure gold.\ \ The in-game value of one (1) Paydirt Gold is fixed at $20.67 [Paydirt Dollars](/paydirt-dollars). See [#in-game-value](#in-game-value "mention") for more details. ## Allocations ### Overview #### Initial The initial allocations will be used to jumpstart the project and fund ongoing operations for the foreseeable future.
DistributionAmountPercentage
Initial Liquidity400,0002%
Company & Team5,000,00025%
Treasury & Ecosystem Fund2,600,00013%
Advisory & Partnerships2,000,00010%
In-game Rewards10,000,00050%
#### Ongoing Ongoing allocations take effect after the [token generation event (TGE)](/tokenomics/token-generation-event-tge). All token revenues will be split according to the following allocations: | Distribution | Percentage | | -------------------- | ---------- | | Liquidity | 5% | | Company & Team | 25% | | Treasury & Ecosystem | 15% | | In-game Rewards | 50% | The Paydirt [Decentralized Autonomous Organization (DAO)](/governance/decentralized-autonomous-organization-dao) may also propose and vote to alter the ongoing allocations. ### Initial Liquidity The amount allocated to initial liquidity will be used to deploy a liquidity pool on a [Decentralized Exchange (DEX)](/tokenomics/decentralized-exchange-dex) to create the initial liquidity for the token. ### Company & Team Tokens allocated to company & team are used to secure the best talent and fund ongoing operations to develop the project.\ \ [Moongate Games](https://moongate.games) is the owner of the Paydirt IP and the company bootstrapping and actively developing the project, but additional studios or individuals may also get involved through [partnerships](#advisory-and-partnerships) or [Paydirt Decentralized Autonomous Organization (DAO)](/governance/decentralized-autonomous-organization-dao) initiatives. ### Treasury & Ecosystem Fund The treasury and ecosystem fund will be under the control of the Paydirt [Decentralized Autonomous Organization (DAO)](/governance/decentralized-autonomous-organization-dao). It is intended to be used for initiatives that benefit the project and community. ### Advisory & Partnerships The amount allocated to advisory & partnerships will be used to formulate partnerships with external entities or individuals to further the goals of the project. ### In-game Rewards In-game rewards are backed by and convertible into Paydirt Gold token by minting or melting. ## Unlock Schedule Initial Liquidity tokens unlock immediately after the [token generation event (TGE)](/tokenomics/token-generation-event-tge). Company & Team tokens from the initial allocation vest over a period of 4 years. Treasury & Ecosystem Fund tokens vest over a period of 4 years. Advisory & Partnership tokens vest over a period of 4 years. In-game Rewards tokens are locked in land and must be earned through gameplay such as mining. ## Presale We are performing a fair launch. There is no pre-sale. Sorry VCs. :joy: ## Public Sale We are performing a fair launch. There is no public sale. Sorry rich kids. :joy: ## Historical Data The United States produced 307 million ounces of gold from 1799 through 1965, over 1/3rd of which came from California.

Gold production of the United States from 1799 through 1965

Annual gold production of California, 1848 - 1965

Cumulative gold production of California, 1848 - 1965

During the heyday of the California Gold Rush, which is generally considered to have lasted from 1848 to 1855, California produced about 20 million ounces of gold. ## Growth & Sustainability To match the vision of Paydirt becoming a long-lived episodic game series, its economic system is designed to be sustainable for an indefinite period of time. \ \ As everyone who plays multiplayer games knows, the player base of any one game will naturally ebb and flow over the course of the game's life. This fluctuation is due to a variety of factors, and the development team can do its best to influence the underlying causes over time, but it is not entirely in their hands, and it is not possible to predict years in advance. This unpredictable element is usually the biggest factor influencing a game's economy and its overall success. \ \ Rather than try to pre-plan the token economics for the entire lifetime of Paydirt, which is folly, we decided to design a dynamic and responsive economic system which is able to adapt to changing circumstances.\ \ Thus, we adopted a variable token supply. That is to say, the token supply can grow or shrink over time.\ \ How it works is quite simple and intuitive. Creation of new gold tokens is tied to the creation of land. The creation of new land is tied to analytics tracking a variety of metrics including the size and growth of the userbase and the market price of the token. \ \ All newly minted tokens are essentially locked in the land and must be mined and then minted to be released into circulation.\ \ The system seeks to maintain a healthy target ratio of acres to users, and gold to acres, both of which can be adjusted as the game and community evolve over time.\ \ The system is automated through the use of a smart contract and oracle. The smart contract is configurable with settings to adjust its behavior. Management and oversight will be in the hands of Moongate Games initially but will transition to the Paydirt DAO as soon as practically possible.\ \ Tokens may also be burned to reduce supply, if needed, though this is a manual process any holder of the token may engage in. ## In-game Value One (1) Paydirt Gold is worth $20.67 [Paydirt Dollars](/paydirt-dollars) in-game. The price of goods and services may fluctuate but the value of gold in Paydirt Dollars will remain fixed. {% hint style="info" %} The [Coinage Act of 1834](https://en.wikipedia.org/wiki/Coinage_Act_of_1834) established the U.S. statutory price of gold at $20.67 per troy ounce and it remained at that price until 1933. {% endhint %} {% hint style="info" %} While the value of gold was set by law historically in order to facilitate its use as currency, the prices for goods and services fluctuated due to supply and demand. {% endhint %} ## Token Generation Event (TGE) The [Paydirt Gold](/paydirt-gold) Token Generation Event (TGE) is planned for the first half of 2023. It will follow the release of [Paydirt Pioneers](/virtual-items/collectibles/pioneers) NFT collection and will coincide with the the pre-alpha of [Paydirt: The Discovery](https://paydirt.game/discovery). ## Blockchain Network Tokens will be generated on the Ethereum network but will be bridgeable to Polygon and vice-versa to take advantage of lower gas fees. ## Decentralized Exchange (DEX) Following the release of [Paydirt Pioneers](/virtual-items/collectibles/pioneers), the [Paydirt Gold](/paydirt-gold#initial-liquidity) fund will be deployed along with a sizable amount of USDC into a liquidity pool on [Uniswap](https://uniswap.org) to create the initial liquidity and a market maker for the token. The initial price is TBD.\ \ A portion of the [Paydirt Gold](/paydirt-gold#advisory-and-partnerships) fund may be used to engage the services of a launchpad to support an Initial DEX Offering (IDO). # Infusion *Infusion* is a special feature of Paydirt [Non-Fungible Tokens (NFTs)](/virtual-items#non-fungible-token-nft). It enables Paydirt NFTs to contain tokens like [Paydirt Gold](/paydirt-gold) or even other NFTs. In Paydirt, this feature is primarily used to *infuse* [Paydirt Gold](/paydirt-gold) into Paydirt NFTs representing gold items. Behind the scenes, [Paydirt Gold](/paydirt-gold) is *infused* into every [Gold Nugget](/virtual-items/collectibles/gold-nuggets), [Gold Coin](/virtual-items/collectibles/gold-coins), [Gold Bar](/virtual-items/collectibles/gold-bars), or any other gold [blockchain-enabled item](/virtual-items#blockchain-enabled-items) whenever it is converted to [Non-Fungible Token (NFT)](/virtual-items#non-fungible-token-nft) form (through [Import & Export](/import-and-export)).\ \ In other words, every Paydirt NFT representing a gold item is *infused* with [Paydirt Gold](/paydirt-gold) when it is created or minted. The NFT becomes a container for the [Paydirt Gold](/paydirt-gold) ERC-20 token and ownership of the NFT is ownership of the tokens contained within it.\ \ The amount of [Paydirt Gold](/paydirt-gold) infused when an item is created or minted is equal to the item's *gold weight,* which is the amount of *pure gold* it contains.\ \ Infused items may also be [melted](/paydirt-gold/melting) to recover [Paydirt Gold](/paydirt-gold).\
# Melting [Gold Nuggets](/virtual-items/collectibles/gold-nuggets), [Gold Bars](/virtual-items/collectibles/gold-bars) and [Gold Coins](/virtual-items/collectibles/gold-coins) that have been [exported](/import-and-export) as [Non-Fungible Tokens (NFTs)](/virtual-items#non-fungible-token-nft) may be [melted](/paydirt-gold/melting) at the [Mint & Assay Office](/mint-and-assay-office) to recover [Paydirt Gold](/paydirt-gold). Melting burns the NFT and returns [Paydirt Gold](/paydirt-gold) to the wallet associated with the user's game account. [Gold Dust](/gold-dust), [Gold Nuggets](/virtual-items/collectibles/gold-nuggets), and [Gold Coins](/virtual-items/collectibles/gold-coins) in [game item](/virtual-items#game-item) form may also be melted and turned into [Gold Bars](/virtual-items/collectibles/gold-bars) at the [Mint & Assay Office](/mint-and-assay-office). Melting game items destroys the game item and returns a [Gold Bar](/virtual-items/collectibles/gold-bars). # Paydirt Dollars Paydirt Dollars is the term used to refer to the in-game dollar which is based on the historical U.S. dollar.\ \ While not a [Virtual Currency](/virtual-currency), it is used to express the value of the in-game currencies, including [Gold Dust](/gold-dust) and [Gold Coins](/virtual-items/collectibles/gold-coins), and the price of in-game goods and services.\ \ In Paydirt, as it was in the 19th-century, gold is money, and the value of pure gold is fixed at $20.67 Paydirt Dollars. {% hint style="info" %} The [Coinage Act of 1834](https://en.wikipedia.org/wiki/Coinage_Act_of_1834) established the U.S. statutory price of gold at $20.67 per troy ounce and it remained at that price until 1933. {% endhint %} {% hint style="info" %} While the value of gold was set by law historically in order to facilitate its use as currency, the prices for goods and services fluctuated due to supply and demand. {% endhint %} {% hint style="info" %} The California Gold Rush predates the use of paper currency as *legal tender* by the United States Government. In fact, legal tender laws didn’t exist back then. Everyday commerce was settled using gold or silver coins of mostly foreign origin and there was very little European or American coinage circulating. Only private banks were issuing paper currency in the form of bank notes during this time. {% endhint %} {% hint style="info" %} Paper currency had previously been used by the newly independent colonies, the first plates of which were manufactured by none other than Paul Revere after authorization by the Continental Congress to fund the Revolutionary War. However, it depreciated rapidly, giving rise to the expression, “not worth a Continental.” {% endhint %} {% hint style="info" %} The U.S. Government also issued “Treasury notes” on a limited basis during times of crisis such as the War of 1812, the Mexican-American War of 1846, and the Panic of 1857. {% endhint %} {% hint style="info" %} Paper currency without the backing of gold, also known as [fiat](https://en.wikipedia.org/wiki/Fiat), was only ever used in times of war (e.g., the Civil War era [greenback](https://en.wikipedia.org/wiki/Greenback_\(1860s_money\))) until Nixon took the U.S. off the [gold standard](https://en.wikipedia.org/wiki/Gold_standard) in 1971, which ultimately led to what is now known as [Nixon shock](https://en.wikipedia.org/wiki/Nixon_shock). {% endhint %}
# Gold Dust Gold dust is one of the products of mining in Paydirt. It is defined as any naturally occurring gold not large enough to be a gold nugget.\ \ Gold dust is distributed as deposits within [Mining Claims](/virtual-items/collectibles/mining-claims). Once it is mined, it can be refined and converted to [Gold Bars](/virtual-items/collectibles/gold-bars) at the [Mint & Assay Office](/mint-and-assay-office). One (1) unit of gold dust is one (1) troy ounce. It can be split into 6 decimals or 1 million parts, which can be thought of as fine particles of gold. Gold dust is worth $16 [Paydirt Dollars](/paydirt-dollars) per troy oz. {% hint style="info" %} On September 9th, 1848, citizens of San Francisco met to decide the price of gold dust. They agreed that $16 per ounce was a fair price and that it ought to be taken in all business transactions at that rate. {% endhint %} {% hint style="info" %} Because gold dust is unrefined, it contains impurities and its value is lower than *pure gold*. Impurities can be removed through refining at the [Mint & Assay Office](/mint-and-assay-office). {% endhint %} Gold dust collects into bottles in the player inventory. Each bottle takes up one inventory slot and weighs 100 troy ounces when fully filled. In Paydirt, gold dust functions as both a resource and a soft [virtual currency](/virtual-currency). For precise trading, it can be weighed and measured using a scale. It can only be traded in units of *pinches* in the absence of a scale. Pinches have a certain amount of random variability. # Mint & Assay Office In Paydirt, the Mint & Assay Office is available to assay, melt and refine gold. It can be found in-game as well as in the [Paydirt dApp](/paydirt-dapp). {% hint style="info" %} A mint & assay office was historically the place where miners would take their day's gold haul consisting of gold dust and gold nuggets to be melted down and turned into coins or gold bars. {% endhint %} At the in-game Mint & Assay Office, [Gold Dust](/gold-dust) and [Gold Nuggets](/virtual-items/collectibles/gold-nuggets) or any other gold [game item](/virtual-items#game-items) can be melted and cast into [Gold Bars](/virtual-items/collectibles/gold-bars) which can in turn be used to mint [Gold Coins](/virtual-items/collectibles/gold-coins).\ \ On the web, the Mint & Assay Office deals with gold items in the form of [Non-Fungible Tokens (NFTs)](/virtual-items#non-fungible-token-nft). Melting gold items on the web returns [Paydirt Gold](/paydirt-gold). Miners may also assay Gold Nuggets and bottles of Gold Dust to determine purity. Assaying an item updates its associated metadata so thereafter the purity is known to everyone inspecting it.\ \ When [Melting](/paydirt-gold/melting) [Gold Dust](/gold-dust) and [Gold Nuggets](/virtual-items/collectibles/gold-nuggets), a melt loss typically between 5-10% will occur. Melt loss is due to the oxidation, vaporization or burning off of impurities in the dust. \ \ The Mint & Assay Office charges a 2.75% fee which is based on the amount actually charged by Moffat & Co., the most popular historic private mint during the California Gold Rush. # Virtual Items In Paydirt, items have two possible manifestations: [Game Item](#game-item) and [Non-Fungible Token (NFT)](#non-fungible-tokens-nft). Some items can be in both states at the same time, while others can only be in one or the other. ## Game Items Game items are familiar to every gamer. They are the digital or virtual manifestation of the items within a game seen and experienced as objects in the game world or player inventory which are typically stored in a file on the user's device or within a centralized database in the cloud. ## Non-Fungible Tokens (NFTs) Non-Fungible Tokens (hereafter, NFTs) are uniquely identified tokens associated with data or content that is stored on or referenced from a blockchain such as Ethereum. Because the NFT data consists of metadata which can be stored on-chain and off-chain, it can be used to represent game items, similar to a file or database. However, unlike a file or database, the blockchain storage mechanism provides additional security guarantees and permanence while the NFT standard provides interoperability within a shared ecosystem. ## Blockchain-enabled Items Some game items in Paydirt are blockchain-enabled. This means they may have additional features for those who link their blockchain wallet to their game account. Items that are blockchain-enabled will be specially marked in their item description within the game.\ \ Blockchain-enabled items in Paydirt come in two types: [#corporeal](#corporeal "mention") and [#ephemeral](#ephemeral "mention"). ### Corporeal Corporeal items can only exist in one form or the other at any one time: game item or NFT. A NFT of this type must be converted into its associated game item to be actively used within the game. These types of blockchain-enabled items can be converted via the port (see [Import & Export](/import-and-export)). \ \ Corporeal items can only be used, dropped or traded in game item form. ### Ephemeral \ Ephemeral items can exist in both game item form and NFT form at the same time. Merely possessing the NFT in the wallet linked with the player's game account is all that is needed to gain the associated game item in the player's inventory. However, the game item for this type of blockchain-enabled item is merely a proxy for the NFT and as such, it cannot be traded or dropped, and it is only accessible as long as the NFT is contained within the blockchain wallet linked to the user's game account. # Non-Fungible Tokens See [Virtual Items](/virtual-items)->[Virtual Items](/virtual-items#non-fungible-tokens-nfts) # Redeemables Redeemables are rewards that can be claimed using a *unique code*.\ \ Rewards can be [Virtual Items](/virtual-items) or [Virtual Currency](/virtual-currency). There is a claims interface for Redeemables on in the game and on the Paydirt website.\ \ Redeemables codes can be distributed as text-based codes, URLs, or QR codes. With a text-based code, manual entry in the claims user interface in the game or on the Paydirt website is required. With a URL or QR code, visiting the link or scanning the QR code will automate entry of the code in the web-based claims user interface. # Unlockables Each of the [Collectibles](/virtual-items/collectibles) in the Paydirt Metaverse may have optional unlockable content that only the owner of the collectible may reveal. Unlockable content can be in text or image format. Metadata for the collectible indicates whether the unlockable content has been previously revealed or not. Unlockable content is typically used to distribute one-time use [Redeemables](/virtual-items/redeemables) codes which may be redeemed for rewards such as other [Collectibles](/virtual-items/collectibles) or [Paydirt Gold](/paydirt-gold). It can also be used for treasure maps or other types of visual information. # Collectibles # Prospectors Hire skilled prospectors to work your claim in [Paydirt: Tycoons](https://paydirt.game/tycoons). # Tools Purchase fine quality tools for mining your claim in [Paydirt: Tycoons](https://paydirt.game/tycoons). # Mining Claims Stake or purchase a mining claim and mine or lease it ## About Mining claims in Paydirt are a type of virtual land or real estate that players may claim or purchase. ## Land Every mining claim is tied to a unique piece of land. Even though the game is instanced, any given piece of land only has one owner. ## Types In Paydirt as in the real world, there are two types of mining claims: [#placer](#placer "mention") and [#lode](#lode "mention"). ### Placer Placer claims are for mining gold from the deposits located in dirt & gravel above bedrock. ### Lode Lode claims are for mining gold from hard rock deposits. ## Identification Every claim is uniquely identified by an ID on its sign post. ## Name Mining claims may be given a name by their owner. ## Ownership Ownership of a mining claim is determined by the owner of the matching [Non-Fungible Token (NFT)](/virtual-items#non-fungible-token-nft).\ \ Obtaining ownership of a claim is done by initiating the [claim process](#claiming). ## Rights Rights are separate from ownership. Owners have full rights and limited rights may be granted to lessees or friends via the [claim interface](#claim-interface). ## Size Each individual mining claim ranges in size from approximately 0.25 to 1 acre in size. ## Grid ining claims exist on a uniform grid inside of the playable area they are located within. ## Location Mining claims can be located a number of different ways. From in the game, the map screen lists the mining claim(s) owned by the player and can be used to travel to the playable area where the claim is located. ## Claim Post A sign is posted on every mining claim at a corner of the site. The signpost for unclaimed land is displayed as a hologram so that it’s clear the land is available to claim. Examining (looking at) the signpost highlights the extents of the mining claim. Interacting with the the signpost opens the [claim interface](#claim-interface) which enables the owner to [manage the claim](#claim-management) and others to check basic claim information or to [lease](#leasing) the claim, if there is an available slot. ## Claiming A mining claim site without an existing owner may be claimed by a new owner on a first come, first served basis.\ \ Players can tell the difference between an available claim and an active claim by the [signpost](#claim-post). If the signpost is shown as a hologram rather than solid wood, the claim is available.\ \ Claiming a mine grants ownership. The in-game interface guides players through the process. Initiating the claim process issues a temporary lock on the mine while the player visits the Paydirt website and mints the [Non-Fungible Token (NFT)](/virtual-items#non-fungible-token-nft) associated with the claim. A QR code and/or hyperlink takes players to the relevant claim page. ## Leasing Claim owners can open up lease slots for others to join via the claim management window. Lease slots may be public or private. Public slots will be joinable from the [signpost](#claim-post). Owners may also invite people to empty lease slots. Lessees gain the ability to mine the claim. Each lease slot is assigned a royalty percentage which can be configured by the owner. Royalties are automatically collected from the lessee(s) and distributed to the claim owner. ## Claim Interface The claim interface window is opened by interacting with a claim’s [signpost](#claim-post). It provides information about the claim and enables owners to [manage their claim](#claim-management) and other players to join or leave [lease](#leasing) slots. ## Claim Management Claim management is the owner-only part of the [claim interface](#claim-interface). It enables opening and closing lease slots, inviting lessees or friends, as well as setting royalties. ## Claim Jumping Whenever the claim owner is logged in and playing the game, the claim becomes eligible for claim jumping. This means any other player may mine the claim even without authorization. When someone jumps a claim, a short timer is started. When the timer expires, the owner of the claim is notified that their claim is being jumped and can take action to defend their claim. Claim jumping is a crime, and thus active claim jumpers will have their criminal flag set. Claim jumping also has a negative effect on reputation. For more information about Paydirt Claims, see the [Paydirt website](https://paydirt.game/collectibles). # Gold Nuggets Discover unique collectible gold nuggets Players will occasionally discover gold nuggets while mining. Sizes will range from small to giant. Small to medium nuggets are generic and fungible. Large to giant nuggets are totally unique and collectible [blockchain-enabled items](/virtual-items#blockchain-enabled-items) / [Non-Fungible Tokens (NFTs)](/virtual-items#non-fungible-token-nft). \ \ Gold nuggets have intrinsic value determined by their *weight* and *purity.* Purity is determined by the amount of gold contained within the nugget*.* The larger nuggets also have subjective *artifact value* which is determined by a combination of *size*, *weight*, *purity* and *aesthetic qualities*. Values are expressed in [Paydirt Dollars](/paydirt-dollars).\ \ Large to giant nuggets are so rare that when a discovery is made, it will be announced to the entire Paydirt community, and the discoverer can choose a name for the nugget. For more information about Paydirt Nuggets, see the [Paydirt website](https://paydirt.game/collectibles). # Gold Coins Mint limited edition collectible coins from the gold rush era Gold coins function as collectibles and in-game currency. They have both a *face value* and an *intrinsic value*. The face value is marked on the coin and the intrinsic value is determined by the amount of [infused](/paydirt-gold/infusion) [Paydirt Gold](/paydirt-gold). A third type of value, artifact value or numismatic value, may also be created by the rarity of certain limited edition coins. Values of coins are expressed in [Paydirt Dollars](/paydirt-dollars). For more information about Paydirt Coins, see the [Paydirt website](https://paydirt.game/collectibles). # Gold Bars Convert your haul into gold bullion Gold bars function as both a resource and in-game currency. They can be converted into [Gold Coins](/virtual-items/collectibles/gold-coins) at the [Mint & Assay Office](/mint-and-assay-office) or used to purchase high-value items such as [Town Lots](/virtual-items/collectibles/town-lots). \ \ Gold Bars have both a *weight and a purity*. The purity is determined by the amount of [infused](/paydirt-gold/infusion) [Paydirt Gold](/paydirt-gold), which is equivalent to the *gold weight*. The gold weight determines the *intrinsic value* of the gold bar, expressed in [Paydirt Dollars](/paydirt-dollars).\ \ Gold bars can be cast in various sizes ranging from 5 to 1000 troy oz at the [Mint & Assay Office](/mint-and-assay-office). Each gold bar will have a varying purity which is indicated in its description.
For more information about Paydirt Gold Bars, see the [Paydirt website](https://paydirt.game/collectibles). # Tycoons Earn a 1 of 1 Tycoon PFP for appearing in the top 100 of the [Paydirt: Tycoons](https://paydirt.game/tycoons) seasonal leaderboard. # Pioneers Collect portraits of historical and fictional pioneers from the wild west frontier with a plethora of in-game benefits For more information about Paydirt Pioneers, see the [Paydirt website](https://paydirt.game/pioneers). # Town Lots Purchase a town lot and build a home or business For more information about Paydirt Lots, see the [Paydirt website](https://paydirt.game/collectibles). # Artifacts Find rare and unique virtual doubles of real historical artifacts to decorate your in-game space or create a personal museum For more information about Paydirt Artifacts, see the [Paydirt website](https://paydirt.game/collectibles). # Masterpieces Create your own art gallery or decorate your in-game space with virtual prints of real historical fine art from the 19th century For more information about Paydirt Masterpieces, see the [Paydirt website](https://paydirt.game/collectibles). # Clipper Ships Charter a ship in Paydirt: The Journey and place it as an upgradeable building on your town lot in Paydirt: The Rush For more information about Paydirt Clipper Ships, see the [Paydirt website](https://paydirt.game/collectibles). # Clipper Ship Cards Collect virtual cards featuring lithographic artwork of clipper ships from the San Francisco line For more information about Paydirt Clipper Ship Cards, see the [Paydirt website](https://paydirt.game/collectibles). # Buying & Selling In-game businesses staffed by Non-Player Characters (NPCs) and [Vendors](/vendors) will buy from and sell to players the types of [game items](/virtual-items#game-items) they stock or are interested in buying.\ \ [Virtual Currency](/virtual-currency) is used for all in-game transactions.\ \ Players may also buy and sell in-game goods and services with any form of gold by its *weight*, by its *face value (applicable to* [Gold Coins](/virtual-items/collectibles/gold-coins)*)*, or by *pinches (applicable to* [Gold Dust](/gold-dust)).\ \ The in-game buying & selling interface supports all of the above forms of payment. \ \ NPCs give change in the form of [Gold Dust](/gold-dust) or [Virtual Currency](/virtual-currency#spanish-reales).\ \ Outside of the game, the [Paydirt Marketplace](/marketplace) can also be used to buy and sell. # Trading An in-game trading interface facilitates trading between players. It enables two players to swap or transfer [game items](/virtual-items#game-item) or virtual currency. Either party may initiate a trade proposal but both sides must agree to the trade before it is executed. # Vendors Players who own or have suitable rights to a [Town Lot](/virtual-items/collectibles/town-lots) may hire vendors to [Buy & Sell](/buying-and-selling) goods for them. # Paydirt dApp The Paydirt dApp is the web frontend of the Paydirt Metaverse. It incorporates a dashboard for viewing all of your Paydirt-related assets and facilitates blockchain-based interactions including [Mint & Assay Office](/mint-and-assay-office), [Import & Export](/import-and-export), [Melting](/paydirt-gold/melting), [Redeemables](/virtual-items/redeemables), and [Unlockables](/virtual-items/unlockables), as well as the future [Marketplace](/marketplace).\ \ The Paydirt dApp will be made available on the [Paydirt website](https://paydirt.game) when [Paydirt: The Discovery](https://paydirt.game/discovery) is released. # Import & Export Players can transfer select [Virtual Items](/virtual-items) ([Virtual Items](/virtual-items#blockchain-enabled-items)) to and from their blockchain wallet, another person's wallet or a marketplace such as [OpenSea](https://opensea.io/) via the in-game Port of San Francisco or via the Import & Export section of the [Paydirt dApp](/paydirt-dapp).\ \ For [Virtual Items](/virtual-items#corporeal) items, transferring the NFT to the port grants the associated game item to the player's inventory, and transferring the game item to the port grants the NFT to the wallet linked to the user's game account or to another wallet of the user's choosing. For [Virtual Items](/virtual-items#ephemeral) items, Import & Export is not required or supported. # Marketplace Paydirt Marketplace is a web-based, peer-to-peer, decentralized marketplace enabling users to trade by listing [Blockchain-enabled Items](/virtual-items) / [Non-Fungible Tokens (NFTs)](/virtual-items#non-fungible-token-nft) for sale using auction or fixed price format. The default currency is[Paydirt Gold](/paydirt-gold). # Bridge Paydirt Fungible and Non-Fungible Tokens (NFTs) are bridgeable from Ethereum (the origin) to Polygon and vice-versa.\ \ The bridge contract and dApp are third party and supported by the Polygon network. # Governance # Decentralized Autonomous Organization (DAO) Paydirt's Decentralized Autonomous Organization (DAO) exists as a vehicle for stakeholders (owners of Paydirt [Pioneers](/virtual-items/collectibles/pioneers) NFTs) to help guide Paydirt forward into the future by creating and voting on proposals and directing DAO resources (such as the [Paydirt Gold](/paydirt-gold#treasury-and-ecosystem-fund)) toward initiatives that benefit or support Paydirt and its ecosystem.