Sugar Realm: Whitepaper
This document is somewhat an informal but sincere whitepaper, which will try to make the reader understand our motivation and aspiration why we are committing ourselves to the game and the project of Sugar Realm.
You are reading the first version of the paper and even though we can be sure it will go through some changes in the future, its core and the ideas which will be mentioned below will stay true to their initial states.
INTRODUCTION: AN IDEALISTIC APPROACH TO NFTs
NFTs have many positive aspects but in this whitepaper, we are going to focus more on one of them: its investment utility.
Crypto currencies deeply changed the way we were used to see the global finance system by decentralizing capital and removing regulatory boundaries. Now, NFTs are having the same impact on conventional capital investment. Current capital investment system relies on big investors, like angels and ventures. For regular people, it is hard to become an investor unless you have accumulated a serious amount of capital. Also, even if you have enough capital, it is really hard for you to find the right firms or projects to invest in. On the other hand, from the side of entrepreneurs, they have limited options with regards to from whom they can get investment. NFTs made it possible both for regular people who want to invest their small-scale capital to promising projects and for entrepreneurs who want to have easy access to investment, to tear down the entry barriers.
Release of an NFT collection can really alleviate the problems created by current capital investment system for small time investors and project owners all over the world. From the point of investors, first, and the most important of all, it enables small investors to participate in funding of a new company or a project without the necessity of having a considerable sum of capital. Second, waiting time for a return of investment is considerably shorter compared to traditional investments although investors do not become a shareholder of that company. Third, probability of losing the investment is not higher than a traditional investment whereas percentage of profit can be beyond expectations. Lastly, especially true for NFTs with utility, most of the projects provide additional benefits, like staking, airdrops, etc., for NFT holders and when project is finished, NFTs are used as utility items within the finished product of the project. From the point of projects and their owners, the most important aspect of an NFT release is that they are constrained with the limits of traditional capital investment structures. They don’t have to sell out their dreams to a select few who hold the power of money at their hands. On the contrary, with decentralized structure of NFT markets, they just attract attention of thousands of like-minded people. The future wealth, if the project succeeds, is not distributed among the few but among those who believed in the project from the very beginning without putting forward any conditions. So, project owners don’t have to compromise in order to maximize future profits as their investors expect them to finish their project as they have presented it. Most of the first comers of a project are believers of that project and their main concern is to see it finished. Monetary gains are secondary, at least we want to believe it is, as they know their investments will be rewarded after a successful launch. Also, an NFT collection launch is much faster than a traditional investment, which can take months of negotiations with different investors.
Some other benefits can too be mentioned but these are the main positive aspects of NFTs for our focus point. However, all these can be summed briefly as:
NFTs empower the small-time investors, who otherwise do not have access to traditional capital investments, with their decentralized structure and helps teams/companies/projects to be funded faster and by like-minded people.
We know there are many scam NFT projects and not every project owner sees NFTs as we described above. Still, they provide previously impossible opportunities for both aspiring investors and entrepreneurs.
HORDA: THE COMPANY
Horda is a game company. We want to make games. We want our games to be fun to play. We want them to be played over and over, each time providing the same enjoyment to the gamers. We don’t make games to become rich, although we know we will have decent lives if we do our jobs properly. We want the gamers to have good recollections of our games. We want them to smile when they remember those recollections. The most important thing for us is when people have a conversation in the future, we want our games to be mentioned with affection.
We are not that much arrogant that whatever we make will be perfect, but we promise we will do our best to make them perfect.
SUGAR REALM: THE GAME AND ITS NFTs
Sugar Realm will be the outcome of all the thoughts, ideas, idealisms, and principles mentioned above. It will be our offspring born through blood and tears. We will try to make it perfect when it’s born. We will continue nurturing it after it’s born.
Our main focus might be the game, but this doesn’t mean we will care less for or neglect the NFT collections related to the game. On the contrary, we will be attentive to them as much as we are for the game. We will try to make them better than decent both artistically and in functionality. We want holders of our NFTs to be proud to own them and know that they have made a good investment.
We are going to use the funding we receive from initial decentralized exchange offering of our first Sugar Realm NFT collection in strengthening the project team. None of it will be distributed as profit among shareholders of Horda. We will need new talents to create a better game and better NFTs. However, even if we don’t receive the amount that we have in mind, we will still continue with the project and finish it, because we believe in ourselves, in Sugar Realm, and in what we are doin
