Shiryo FAQs

Shiryo FAQs kindly donated by our Telegram Mod Flate.

General Questions from the community

1. What do you think the price will be in a couple of months? (How many zeroes can we kill, etc.) - We cannot predict what the price will be or how many zeroes we will kill, but we have high hopes for the project, a solid plan and roadmap, and a dedicated team. We believe that this will eventually reflect on our price and market cap and benefit all holders. 2. When will be the next new listing? - We are currently listed on BitMart, LBank, and Saitamask. BKEX and Latoken have listed up themselves without us applying. Future exchanges will be brought up in our announcements and we do have a couple of applications that have been sent out. 3. Do we have plans to burn? - The dev has been conducting manual buy-backs and burns. 10% of all ETH raised from minting card packs and avatars will also go back to buy-backs and burns. 4. What is the total supply? - One Quintillion tokens (1000 Quadrillion tokens) 5. How long is liquidity locked for? - Liquidity is locked until the end of 2022 (originally March 22, 2022) and will definitely be extended as we approach that date. DAPP/GAME: 1. When will the game be released? - It is difficult to predict the exact date of release as we want to perfect everything before making it available to the public. We have a full dev team working on the game and dAPP and we are committed to deliver an excellent product at the fastest time possible. Playable Alpha testing will be in Q2 of 2022 2. Since each card pack costs 0.05 ETH and we need a total of 30 cards for a deck (0.30 ETH worth), wouldn't this be an expensive entry for new players? How do you expect them to buy and then play at such a high cost? - 50 starter cards are provided in the game. With this, new players will be able to construct their 30 card deck without having to pay for packs. 3. Will this be Play To Earn (P2E) and how does renting of card packs (mentioned in the whitepaper) work? - Yes, this will be P2E. Renting: players will be able to "lease" their cards or constructed decks out for others to use in their matches. If the player wins, the wagered Shiryo tokens will be split between the winner and leasing owner. 4. What items can be wagered? - Shiryo tokens, avatars, and cards 5. How do we obtain founders packs? - If you are holding at least 25T Shiryo tokens in your Metamask/Trust Wallet/Coinbase wallet, the contract will recognize this and automatically provide you with founders packs when you mint card packs. This will last until Phase 2 begins, the exact date of which will be announced in advance. This does not apply to those holding Shiryo tokens in CEXes. 6. How many cards will each card pack contain? Founders? - Each card pack contains 5 cards. They are currently sent to your address as tokens and not NFTs. This will change once the game is released. Founders packs will contain 5 cards from the pool of 150 to collect + 1 Card from a "founder's pool", totaling 6 cards in a pack. 7. When can we open the card packs? - All regular and founders card packs can be opened once phase 2 begins. 8. Will opening card packs cost gas? - As opening the card packs is a transaction on the network, it will cost gas. However, our team is working on ways to reduce the cost to open the card packs and the cost of transacting in the Shiryo universe in general via Layer 2 solutions. More information about this will be provided by the team in the near future. 9. Can we list the cards, packs, and avatars on OpenSea or any NFT marketplace? - The avatars are already available on OpenSea. The current plan for the cards and packs is for them to be tradeable on our own marketplace in the future. Listing on OpenSea is in our plans as well.

Technicals

1. How are you dealing with the liquidity? - The periodic buy-backs and burns help increase liquidity. Staking of Shiryo tokens and LP staking also helps with this. The team is currently testing other solutions to help improve the liquidity. 2. Staking? What are the benefits and minimum requirements? - We have provided both staking and LP staking options. Staking requires a MINIMUM of 20T Shiryo tokens and rewards the holder with 1 regular card pack per 20T staked (valued at 0.05 ETH) every 7 days. LP (20T + ETH equivalent) staking rewards the holder with 2 regular card packs per 20 LP token staked every 7 days. 3. Will we be able to purchase land in the Shiryo metaverse? How will we pay for it? - Yes, you will be able to purchase land. The price will be paid in ETH. More details about this will be announced in the near future. 4. Is it true that we have brought on development with Unreal Engine? - Yes, this has been confirmed by the dev. 😊

Important Details

• General - Token Supply: One Quintillion tokens (1000 Quadrillion tokens)

• Fairlaunch: October 30, 2021 Liquidity Lock: December 28, 2022

• Audit by: Certik Tax: 11%, breakdown below (4% - Marketing) (4% - Development) (3% - Reflections to holders)

• Team: 23 Core, 30+ Additional, 23+ Content Creation (Dapp Developers/Illustrators/Game Designers/Videographers. (Total ~76) Doxxed

• Team: Jordan (CEO), Marcin (CMO)

• Current Holders: 39,200

• Listings: DEX: Uniswap, Fibswap CEX: Bitmart, Lbank, Bkex, LAtoken

Shiryo is a Play to Earn (P2E) project which will utilize not only Unreal Engine, but also the Metaverse, DAO, network bridging (ShiryoSwap), augmented reality (AR)/ virtual reality (VR), NFTs, and NFT rentals.

Cost of packs (containing 5 NFT cards, 6 if Founders): 0.05 ETH Pack Contents: Pool of 150 to collect + 1 Card from a "Founder's pool" (if Founders pack)

What is a Founder's Pack? A reward to early investors who are holding 25T+ which contain a special card that is separate from the original set.

Cost to open packs? There will be a cost to open card packs as transaction will be on the ETH network. However, we are working on ways to reduce the cost to open packs and other costs of transactions within the Shiryo Universe via Layer 2 Solutions.

Can cards/packs/avatars be listed for trade/sale? Avatars are available to trade over OpenSea At the start of Phase 2, only cards will be available for listing/trading within our Marketplace and eventually onto OpenSea. Packs will follow soon.

• Technicals - Liqudity: Periodic buybacks, burns, staking (including LP staking). Additional solutions to come as they are currently being tested.

Buybacks: Manual buying from our wallet at market price through the sales of minting packs and avatar buys.

Burns: Manual burns to the dead wallet from buybacks. Indirect burns from reflections collected within the staking wallet.

Staking, what is it? An investor will lock their tokens away in a vault for one week at a time, this will help stabilise volatile price action and encourage individuals to hold. Investors can withdraw their tokens at any time, but they will not receive their bonus unless held for the minimum time of one week.

Minimum contribution to the staking pool will cost 20T Shiryo, plus additional 20T Shiryo worth in ETH if taking advantage of LP per reward, which will net you 1 - 2 base packs respectively.

• Events - 50k Holder's Lambo Giveaway Once we reach 50k holders, after 7 days will a lucky wallet holding $500+ will be selected to win either an option of Lamborghini or 150k USD

Crypto Expo Dubai 2022 March 16-17 Titanium Sponsor, Guest Speaker

Phase 2 is incoming which means that a playable Alpha will be here soon. Once Alpha Phase completes, we will move onto Beta.