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Introduction to Planet IX

If we’re not counting malicious projects, most crypto projects focus on creating well-working platforms/games for their users to utilize and to maximize profits in the process. However, Planet IX takes this an extra step further by letting its players help to create a better Earth, both in-game and in real life.

Game Mechanics #

Launched in Q4 of 2021 on the Polygon network, Planet IX is a game that focuses on rebuilding and restoring planet Earth. Its players (Agents of Change or AOCs for short) can acquire pieces of land, called PIX, that are located all over Earth. The virtual planet consists out of 1,6 billion hexagons of virtual lands which are called PIX.

There are 5 different classes of PIX, which are roughly comparable to the different climates and locations in real life. For example, Legendary PIX are capital city centers, rare PIX are capital cities, uncommon PIX are natural reserves, common PIX are Suburbans and outlier PIX are Artic or Dessert locations.

The player’s objective is to collect as many PIX as possible adjacent to each other. Once the player has a certain amount of PIX, he can claim a territory. Based on the territory type, which is based on the amount of adjacent PIX, the player will start to earn rewards. Players can also work together to share territories and rewards.

Another collectible for players to acquire are landmarks. Each landmarks represents a real-life monument and can be shared with a variety of players. For example, the statue of liberty can have 7 owners, and each of the owners will earn rewards.

Both PIX and landmarks can only be acquired by purchasing packs, completing in-game challenges or by participating in raffles. Once a player has such an NFT, he can use the marketplace to trade it.

As mentioned in the introduction section, Planet IX’s focus is on improving our (real-life) world. They plan to do this by:

  • Game Seasons – Each season will be focusing on a specific sustainability improvement. Per season, PlanetIX will partner with a variety of projects, initiatives and NGOs to make a difference in the world.
  • Specific NFT collections – Planet IX plans to launch a variety of NFT collections that are inline with their seasonal focus. 100% of the funds raised from these NFTs are donated to relevant charities and foundations.
  • Creating a dedicated foundation – To take steps even further, Planet IX is launching their own foundation called “The Planet Nine Foundation”. A substantial portion of all the revenue from Planet IX will be directed in this foundation.

Tokenomics #

Planet IX’s economy only works with one utility token, which is the IX token. It has a max supply of 153.258.226 tokens and is used for purchasing NFTs on the marketplace, packs and rewarding Agents of Change for playing the game.

The full token allocation can be viewed here.

Roadmap #

As of writing, Planet IX is still in its infancy. However, it has published a clear roadmap for 2022. Its goals are not only ambitious, but also realistic. Some of the key goals are:

  • PIX staking and lending
  • Quests and Challenges
  • Planet IX DOA
  • Territory DOAs
  • PIX Yield Farming
  • NPC and avatars
  • NFT crafting
  • SDK interface
  • Card game (such as Splinterlands and Axie Infinity)

Conclusion #

Planet IX is focusing on a niche in the blockchain gaming sector. By prioritizing and addressing todays environmental challenges and combining this with a (soon-to-be) solid game, it will attract a whole new stream of players.

References:

Home. (n.d.). Planet IX. https://planetix.com/

Planet IX. (n.d.). Medium. https://blog.planetix.com/

Updated on April 4, 2022
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*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.

Our mission here at RugDoc is to screen for hard rug code that results in 100% theft of ALL underlying funds for ALL participants.

This is the ONE part of the due diligence process that most people cannot simply do on their own as it costs thousands of dollars to hire a senior solidity developer to look over a farm for safety.

A project coin with terrible code can go up in price, and a project with good code and a good team can also go down in price.

Do NOT use our ratings to refer to your likelihood in making money if you invest in the project. They are ONLY in reference to code safety.

Everything else beyond code safety is YOUR responsibility to go do research on. We just make sure the casino you’re betting in won’t rob you before you even get to place a bet.

Our reviews for projects are organized into a few colors.

🟢 Least Risk
These projects are the least likely to hard or soft rug. Usually reserved for cornerstone projects of an ecosystem where it makes no financial sense for them to rug in any manner as they make more money just being legit.

🔵 Low Risk
These projects are usually established projects in an ecosystem that have a track record of success or have KYC’d to us or other authoritative sources in the real world. As a result, it is extremely unlikely for them to soft rug or hard rug their projects. The projects can still fail and the token price can go down, but usually more as a result of natural market forces.

⚪️ Some Risk
This is the default rating for projects with unknown teams but have code that is unlikely to have hard rug risk. Since the team is unknown and doesn’t have a track record of success, it’s entirely possible that they may try to soft rug by dumping tokens, abandoning the project, etc. Even a last minute contract swap to a malicious contract is possible. The only thing that is unlikely is a complete hard rug as long as you are 100% sure you deposit into the contract we review.

🟠 Medium Risk
Similar to Some Risk, but the underlying code itself is custom enough or complex enough that it warrants an elevated risk rating that needs deeper research. Make sure you read every point presented to make sure you’re comfortable with that before entering. Still unlikely to hard rug, but more chances of custom code behaving incorrectly and causing other issues.

🔴 High Risk
Project contains code or practices that are HIGHLY LIKELY to lead to catastrophic losses as they are right now. Make sure you read the description carefully as we will always warn what these issues are. If you see the words Hard Rug anywhere in the review, STAY FAR AWAY!

⚫️ Not Eligible
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