A Detailed Explanation of the Latest X2E Project Gosleep on Arbitrum: Earn Money While Sleeping

06/03/2023·1years ago

money while sleeping

GoSleep is a Web3 lifestyle application that combines GameFi, SocialFi and HealthFi. It will provide users with personalized sleep recommendations based on the sleep pattern data provided by users. Users can develop good sleep patterns and receive rewards (i.e. sleep to earn ), this project is another innovative application of the X To Earn business model. Gosleep has been officially launched on Arbitrum on February 22, 2023. GoSleep may open a new chapter of 'x to earn'.

GoSleep project background: sleep problems faced by people

People spend about 1/3 of their lives sleeping, but nowadays, insomnia has become a problem that affects the health of modern people. According to data released by health authorities, more than 60% of adults around the world have sleep problems, one-quarter of adults have insomnia, and the proportion of young people is gradually increasing.

All living things on the earth have a 'biological clock'. The sleep biological clock is the 'circadian sleep rhythm' that humans have formed over a long time. Irregular sleep schedules can lead to biological clock disorders, which is equivalent to causing the body's organs to work when they are off work, and when they are working. get off work. Ultimately leading to consequences such as premature aging, cardiovascular disease, and even cancer, sleep problems are also an important cause of approximately 100,000 car accidents each year (estimated to cause 1,500 deaths), which can be related to many disasters such as aircraft and ship accidents, nuclear reactor meltdowns, etc. Comparable. Therefore, regular sleep schedule is very important for people. People are facing more and more sleep problems, but as of now, there is still no good solution. The GoSleep protocol is committed to providing a solution to the sleep problems faced by people.

GoSleep's solution

Based on a deep understanding of sleep problems, the GoSleep team provides users with a scientific and professional sleep assistant based on personal sleep data. The sleep assistant supports GoSleep based on real personal health data (collected from devices), big data and professional data. User’s journey to solve sleep problems. Users can easily understand the issues they are experiencing and solve them together with fellow sleepers and the GoSleep team.

Good sleep should be a happy, natural and achievable thing. GoSleep relies on its strong gaming solution background to launch solutions that go beyond traditional data and time management tools and retain users based on its powerful gaming and social attributes. , users build their own virtual sleep environment in the game to achieve good sleep, get rewards, and learn from each other and share their sleep experiences. By leveraging Web3 technology, GoSleep makes things simple and possible. Users start by owning a sleeping bedroom NFT. GoSleep has built very diverse functions around this NFT, and the NFT is completely owned by the user.

How to play GoSleep

The gameplay of GoSleep is basically similar to that of other x to earn projects. If you want to participate in the game, you first need an NFT. In GoSleep, this NFT is a bedroom.

Bedroom NFT

NFT-based sleep room functionality is the foundation of the GoSleep ecosystem. It all started with the NFT in our bedroom. By owning this NFT, users open the entrance to the GoSleep world.

Bedroom NFT is a dynamic NFT. The user's gaming, socializing, sleeping, and scoring will all be reflected and accumulated from this NFT. From this NFT, users and their friends can clearly understand what the user’s previous sleep journey was like. Because NFT is very important to the entire GoSleep ecosystem, its design is also very beautiful.

NFT type

Different NFTs will lead to different results in the same sleep game.

GoSleep grants users different services based on the type of NFT they hold, but all users receive necessary services from the lowest level, and the project provides incremental value-added services to different higher-level NFTs.

Free NFT: Earn game tokens, ask for other users; Premium NFT: Earn game tokens, ask for other users, upgrade, combine with other NFTs, repair durability.

NFT rarity

From low to high, the five rarities are free, common, rare, epic, and legendary. Identify users with different needs through the rarity of the NFT. Users with high rarity tend to expect better services and more ways to play. NFT only reaches the highest rarity (legendary). What NFT produces through games are governance tokens rather than game tokens.

NFT generation and upgrade

The GoSleep community will continue to produce new NFTs for the premium and free versions, and the project has designed a fair and sustainable mechanism to support the intrinsic value of NFTs.

Transaction: Like other NFT ecosystems, transaction is the normal way for people to obtain NFT. GoSleep provides an internal marketplace where users can trade their NFTs. GoSleep charges a 5% transaction fee on each transaction. Users can also use external marketplaces such as OpenSea to trade their NFTs.
Upgrades: During the game, users will earn tokens. By spending the game tokens and material NFTs they earn, users can upgrade their NFTs to higher rarities. Upgrades bring possibilities. Once it fails, the user will lose a material NFT and all consumption tokens, and the system will automatically select NFTs with lower value for consumption.
Merger: Users can merge elemental NFTs (such as beds, pillows, curtains, etc.) to generate new advanced NFTs. Users can continuously iterate on their bedroom NFTs, and NFTs are the main determinant of users’ tokens and game outcomes.

Level system of NFT

The level of NFT determines the number of tokens that users can obtain from games, allowing users to continuously build higher-level NFTs and thereby receive more rewards.

Level: Through daily games, the user's current NFT will not only generate tokens, but also progress towards Level. Once the highest Level is reached, the user can upgrade the NFT to a higher rarity.
The Level of NFT is divided into the following aspects:
Efficiency: Efficiency is the basic value of how many game tokens (NCT) a user will generate each time he successfully participates in the game. For example, users will earn tokens for each sleep based on their sleep score. Efficiency here will come into play as a parameter that determines the number of final results within the range.
Comfort: Comfort will only affect the rarest NFTs. This is similar to efficiency, but determines another type of token - the governance token (ZZZ). Governance Token opens all gameplay to users.
Lucky value: Lucky value is the key to NFT upgrade. The higher the lucky value, the greater the possibility of successful upgrade. Users can also mortgage Gov Tokens to increase the success rate of upgrade.

Durability of NFT:

NFT held by users requires maintenance, and the durability of NFT is designed to enable users to continue to participate in the game.

Repair: NFTs require repair after losing all durability. Otherwise, the NFT will not be able to be used in games, such as generating tokens. But even if the NFT becomes unusable due to durability, users will still keep the NFT.
Cost: Tokens are required to repair NFT. Users can increase their Level by repairing NFT.

goals and achievements

After the user joins the project's NFT, he first authorizes GoSleep to obtain his sleep and other health data. Based on the user's current specific sleep situation, GoSleep will help the user identify and understand the sleep problems he encounters, and then the user uses GoSleep to develop a sleep improvement plan. And the goal is to work with users to achieve the goal of good sleep easily and happily through games and social interactions by constantly providing help.

Reward good sleep

Users will be rewarded based on the completion of their sleep plan.

GoSleep provides a reward system that combines the user's sleep score (from their sleep schedule, results and quality). Sleep score is not the only determinant of token rewards. Sleep score, game results and social behavior jointly determine The number of tokens the user can ultimately receive.

NFT conditions

The number of tokens produced is mainly determined by the level and rarity of the NFT. The rarer and higher the level of the NFT, the more tokens users generate in the sleep game.

sleep score

Once the user sets up a sleep plan, the sleep score will be calculated daily based on sleep quality. Sleep score and NFT conditions determine the number of tokens a user receives.

social games

Socializing is an important part of GoSleep's gameplay, which is also important for users to get a good night's sleep. Users can invite their friends and family to join the sleep community from day one. Allows users to group friends and family, compete and share with them to achieve a good night's sleep together.

GoSleep also designed a private social method where users can establish close partners to play together.

Sleeping with an intimate partner

GoSleep has also designed a private social method where users can establish an intimate partner to 'sleep' together. The user and the intimate partner have a common sleep plan, and each has their own NFT. This design is designed for couples who sleep on the same pillow.

sleep group

Although there are many different sleep problems, there are always people with similar sleep problems or sleep plans, and they should be able to help each other.

GoSleep allows users to create sleep social groups. Users can freely join sleep groups. Starting from saying good morning and good night, members in the group can share their sleep data, provide each other with their own sleep data and experiences, help each other, and learn from each other. This helps everyone in the group better understand their sleep problems and discover immediate or better solutions to their sleep problems from others.

Share sleep history

GoSleep, like most gaming and social apps today, allows users to share their sleep records, sleep stages, and token rewards within or across apps, in private or public spaces: Get a good night's sleep, and just Share your achievements! If you can’t sleep well, share and ask for help.

sleep assistant

Sleep tracking: GoSleep can easily understand users' sleep behavior from big data and wearable devices.

Mobile phone behavior: Data such as screen time, usage, etc. are very direct data that can be used to identify whether the user is currently sleeping. Through mobile phone behavior, you can understand the user's focus behavior, reaction speed, etc., and you can understand the user's state of consciousness. In addition, users’ health status is also understood from different perspectives.

Wearable devices: Wearable devices such as Apple Watch and Fitbits are much more advanced and can continuously, instantly and continuously understand the user's health and sleep status. The project team has already established contacts with wearable device manufacturers. In the future, GoSleep's solutions will be equipped exclusively with their own designated equipment. Users will get a better experience from it.

Big Data: Powered by big data, GoSleep learns from and shares this knowledge with every user.

Using Web3 technology, users can still maintain full data ownership and anonymity while providing data for analysis.

sleep score

Sleep score is important as it reveals how well a user is sleeping. Sleep scores mainly consider the following factors:

Ø User’s sleep plan and actual results.

Ø The overall sleep quality of the user.

Ø User’s NFT.

Ø User’s games and social activities.

Combining all the factors that GoSleep scores for each user's sleep, it guides users to establish healthy sleep habits.

data analysis

GoSleep collects data from users and analyzes it. Mining from real data allows GoSleep to gain an in-depth and comprehensive understanding of users’ sleep conditions. It already has mature methods to perform learning analysis from sleep data and scientifically follows well-known and proven sleep data analysis patterns.

sleep advice

From different perspectives, GoSleep can provide sleep recommendations to end users of the project and guide users to establish healthy sleep habits after in-depth analysis and learning from health science, user behavior and big data.

Tokenomics

The GoSleep team adopted a dual-currency system when designing the token economic model, which is the sleep point token NGT generated within the application and the governance token ZZZ of the GoSleep ecosystem. The token economics model enables the sustainable development of GoSleep's ecosystem. The project is a circular token economics model, from generation (earning) to consumption (payment/spending), the total amount of tokens is kept below the necessary amount to maintain the overall Value is protected from inflation.

The sleep point token NGT is a token generated within the application. There is no upper limit on the total amount of tokens. Users can obtain NGT token rewards by completing sleep tasks using GoSleep. NGT has the following uses within the application:

NFT upgrade;
NFT repair;
Open NFT treasure chest;
Minting new NFT is mainly used for upgrading prop NFT.

ZZZ is a governance token within the GoSleep ecosystem, with a total supply of 600 million. Application scenarios of ZZZ:

Lock ZZZ tokens to obtain governance voting rights and staking rewards.
In-app consumption includes upgrading NFT, minting new NFT and pledging to increase the probability of NFT upgrade. In the GoSleep application, users need to consume a certain amount of ZZZ tokens and NGT tokens to mint new NFT.

The initial distribution of the governance token ZZZ is as follows:

core team

CEO Dream: is a successful technology entrepreneur who founded a startup company targeting a specific market and became one of the leading companies in this field. He has more than 10 years of working experience in the technology field and has worked for well-known companies such as Microsoft and Workday. He has been programming for the past 15 years and has a deep understanding of different technology stacks including CRM, HCM, e-commerce and blockchain.

CMO Jonathon: Graduated from the University of Tennessee and is an early blockchain practitioner. He has served as the market leader in multiple blockchain star projects, including Marlin Protocol, Abeatsgame and Really Metaverse. He has extensive resources in the NFT and blockchain communities as well as KOL and media resources.

CTO Frank: Has more than 8 years of experience as a senior software engineer in large technology companies. He has worked in large technology companies such as Microsoft and has extensive knowledge in the fields of large distributed systems, cloud technology, and high-frequency trading. Over the past few years, he has been involved in multiple Web3 projects, including SocialFi, NFT, and blockchain infrastructure.

route map

Here is the roadmap for the Go Sleep project:

Q4 2022: Community building, gameplay design, NFT design, application development, OG, Beta version release
Q1 2023: Official version. Hypnos releases launch platform IDOTGE
February to April 2023: Social games, personal health assistants, DAO support
Q1 to Q4 2024: Building a healthy ecosystem and community-driven product development

Financing situation

On February 28, 2023, Gosleep announced the completion of US$2 million in financing, led by Foresight Ventures, with participation from CCC Capital, Amber Group, SevenX Ventures, KuCoin Ventures and Gate Labs.

Opportunities to participate

The 'X to earn' model has produced several hit projects, and Arbitrum does not yet have a strong game project, so Gosleep has a strong first-mover advantage. The product is in a new round of internal testing. The project is based on the profit-making effect. The threshold for user participation is low, there are expectations for currency issuance and airdrops, and there are many buff blessings. Whether GoSleep can become a popular application in the Arbitrum ecosystem, we will continue to focus on.

recent activities

On February 22 and March 1, two rounds of Mint of 5,000 NFTs for the Starlight version were completed, and the price of the second round of Mint was 0.05555 ETH. The current floor price of Starlight Edition on Opensea is 0.079 ETH, and the current floor price of Nightscaper Edition NFT is 0.7 ETH.

*Test snapshots will be taken from March 3 to March 6 at 10:00 am (UTC). The project will set the airdrop reward to the highest level based on the rarity and level of the user's NFT. Game details: The address in the March 6 snapshot will allow you to enter the app by importing your wallet and start playing Gosleep at 12:00 noon (UTC) that day. Only addresses that appear in both the starting and ending snapshots are eligible for token rewards. Token rewards will be calculated based on the NFT holdings of the ending snapshot address. For specific reward details, please see:

https://medium.com/@gosleep1/gosleep-closed-beta-test-52be567177e9

Closed beta ends: March 17, 10:00 AM (UTC). The project will be snapshotted at the end of closed testing. There are detailed operation tutorials for the project in the help link:

https://gogogosleep.com/help

Operation suggestions

For prudent investors who have minted NFT, they can now choose to sell and earn a steady and good income. The income of NFT mint recently has exceeded 50%.
In order to obtain more furniture lottery tickets, it is recommended to distribute the NFT held to a larger number of wallets.
Holding NFT can give you the opportunity to airdrop the project's tokens, but it does not need to be distributed to more wallets (it is the same whether the airdrop is distributed or not).
If you hold NFT and are optimistic about the future market, you can participate in the closed test (ends: 10:00 am on March 17 (UTC)) and have the opportunity to obtain more airdrop opportunities.
If you do not currently hold NFT and are optimistic about the project, activist investors can choose to buy NFT and then participate in the above activities to obtain token incentives.

Project risk

The 'X to earn' model has become popular once, but the entire track lacks strong growth points and its popularity has declined significantly. Users have a deep Ponzi influence on the “X to earn” model.
I have not seen the details of the anti-cheating mechanism of the project. Without a good mechanism to prevent cheating, it is difficult for the project to run.
The unique innovation in the token economic model is slightly lacking.
The most popular stage of the Arbitrum ecological chain has passed, and the fomo mood may be insufficient.
The project claims to have raised 2 million yuan, which is a medium-sized financing scale.

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