A DeFi Mission You Can Get Behind: Sicario
Sicario is a passive income ecosystem combining the best parts of P2E NFT projects and the beloved Node projects. By combining the 2, we’re able to create a fun, sustainable game where you can earn over several months.
This ecosystem allows you to purchase Sicarios, which will continue to complete and collect $BOUNTY at a fixed rate FOREVER!
Node projects are projects in which you invest an initial amount and are then rewarded at a fixed rate over time.
Why is this different?
The DeFi space has a bad habit of doing lots of RND (“Rip Off And Duplicate”) with no real innovation. When 1 project does well, within the next month you will see about 100 different “forks” of the same project with a different face on it.
This leads to rugs, unqualified teams, and “copy and paste devs”, which all suck energy and money out of the space rather than providing for it.
This is why we created Sicario. We wanted to take some of the ideas that you have all loved, but expand on them and nail down the execution, to give you guys some relief from chasing the same project over and over again
What does P2E get right?
Let’s take a look at some of the things we all love about P2E:
They’re fun.
· Sounds simple enough, but the real reason we love P2E so much is because of gamification
Who has ever played beer pong? We know the goal of beer pong is to get drunk. But sitting down and hammering down drinks isn’t very fun, so we play a game and by the end of the game we’ve had a great time and get to our end result.
· Same thing applies to passive income. Traditional Passive Income can be very boring, so by attaching a game to it, you get to have some fun and still get the end result of earning money
They’re tradable.
· Not only can you make passive income from P2E games, but you also own the NFT that earns you the money, so once you’re done playing you can easily sell to someone else who wants to get into the game and recover some of your investment.
· Secondary markets “AKA Floor Price” is a great secondary source of income for people who are great at trading. It brings the love of NFT trading into the passive income game
They give great rewards.
· The idea of investing once, waiting to get your investment back and then constantly earning after that is extremely enticing.
· Lots of great games give the ability to upgrade and earn even more rewards.
What do Node Projects do right?
Let’s take a look at what node projects do right:
They are very simple and straight forward.
· While crypto can be very complicated for some, the concept of investing money now and making that money back later is very simple to understand.
· We wanted to take the simple approach and put some “gamification” on it to make it a bit more interesting. If you follow a long in discord you’ll get a great story to go along with the journey as well.
· Simple, Fun and Rewarding.
They have fixed rewards.
· Unlike some staking protocols, people love that with nodes, your rewards are independent of volume or any other factors
· The APY% doesn’t get reduced as the game starts getting less and less volume, leading to less and less appeal.
· Keeping rewards steady and sustainable is extremely important to continue to scale and bring more users in
They bring the beloved P word.
· Passive Income has become a buzzword and rightly so.
· Everyone wants to be wealthy and have time freedom and the only true way is by having passive income.
“If you don’t find a way to make money while you sleep you will work until you die.” — Warren Buffet”
So what can we do to combine the best of both worlds?
If you take a look at the pros and cons of Nodes and P2E, they have a lot of similarities, but they also compliment each others flaws very well, so we decided to combine the best parts and innovate.
Nodes are boring.
· This is why we bring in gamification and familiarity from other popular shooter games that everyone knows of. Earn your passive income and have fun doing it.
Nodes “steal” your investment.
· By giving you an NFT, we allow you to trade your “node” to someone else once you’re done using it, so your initial investment doesn’t go to waste. Plus you get all the rewards still
When you compound on nodes you lose your rewards.
· Once again, when you “compound” with us, you get an NFT that can be traded with other people who can then use it to upgrade their own “node”
P2E games are too complicated
· We’ve come up with a very simple straight forward “stake to earn” game. It’s very fun and engaging, but also simple so the average person can come right in and understand it.
P2E games usually aren’t sustainable
· We’ve seen that a lot of games start with astronomically high rewards and too many ways to increase their rewards. This is why we took a node based approach and turned it into a game.
P2E and Nodes had a baby — It’s name is Sicario!
Sicario is not a fork of any other project. It’s a new, exciting ecosystem.
It’s a combination of everything you love in the space, and an innovation of all the things you hate.
This is only some of the features we have planned. In future posts, we’ll explain more in detail about each of these things and introduce some more innovations we hope to achieve.
For now, we have some important business to take care of. See you soon Sicarios.
