Convert BOUNTYKINDS YU to Wrapped Bitcoin WBTC

◆ What is the project about? The game itself will consist of multiple game genres such as all-time classics like board games, map adventure games, fan-favorites such as role-playing games (RPG) or in-demand games such as first-person shooting (FPS) games or battle royale MOBA games. These games and its areas will be determined by both you, the players and us developers, heavily putting emphasis on the “Play-to-Earn” aspect and “Co-production” aspects of the game. ◆ What makes your project unique? The BountyKinds universe is going to be dictated by this unique achievement system where all contributions to the game would be quantified and scaled to a number. This number will decide the intricate reward values that come with playing the game. The goal of BountyKinds lie in bringing gamers from various cultures together, regardless of whether they are in the real world or the metaverse. To have players aim for their highest achievable values in the hopes of creating a game with world building that affects even our real world in a positive way. ◆ What’s next for your project? With each phase, we will add new games to the world of Bountykinds. Game players will be able to be more strategic about which games they play and how they raise NFTs to fight in them. The special NFTs that will be dropped as rewards each season will be the voting rights for this in-game DAO, allowing players to make their own voices heard in the development of the game. ◆ What can your token be used for? The YU token is a BOUNTYKINDS utility token. YU tokens are used as YU points in the game as a 1:1 exchange ratio. YU point can be used as in-game currency to purchase NFTs or to scholarship NFTs. YU point will be distributed daily as a reward to players for every percentage of in-game points earned in BountyKinds.

Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.