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AgoraDex

Agora's vision is to connect the most promising GameFi projects with gamers and investors, and achieve mass adoption of blockchain gaming.


GameFiDeFiAI

Key points

  • Secured strategic partnerships with SwissBorg and Ultra for $500,000 grant
  • Sold out two NFT collections with a total of over 2000 item, raising a total of $430K
  • Additional $530K raised with private investors to close our $1M seed round
  • 40+ games and projects onboarded in the Agora ecosystem
  • Secured allocations for the Public round with tier1 launchpads
  • Partnership agreement with top market maker: Kairon Labs
  • Cross chain bridge and audited DEX ready to be launch with guaranteed TVL day 1
  • Loot Box System launched and deployed on Ethereum, Binance Smart Chain and Arbitrum
  • Important links:

Team

Pierre de Viry
Pierre de Viry
CEO
Valera Dubrava
Valera Dubrava
CTO
Margeri Ottis
Margeri Ottis
CPO
Bruno Ferreira
Bruno Ferreira
Head of Growth

Investors

Founder Heads logo
Founder Heads
Investor
Negma Group logo
Negma Group
Investor
SwissBorg logo
SwissBorg
Investor
Ultra logo
Ultra
Investor

Timeline

Jul. 2022
Pre-seed round $500k grant from SwissBorg & Ultra
Feb. & Jul. 2023
Seed round $430k raised with community through 2 NFTs collections
Sept. 2023
$570k with private investors
Apr. 2024
Public round $2M

Partners

SwissBorg logo
SwissBorg
Investor
Ultra logo
Ultra
Investor

The Product

To succeed we are building a GameFi Hub with 3 core products: a DEX, a Digital Identity and a Decentralised Lootbox System.

AgoraDex GameFi Hub

The GameFi Hub

The GameFi Hub is set to streamline the user experience. One gaming environment natively integrated with a wallet, a DEX for seamless transactions, and a Loot Box System that offers a gamified launchpad for game developers.

Games will be running, powered by Ultra, a blockchain specifically designed to run games.

Ultra's blockchain is a technology offering an array of striking features that will leave players and developers in awe, thanks to its unparalleled speed and zero-fee transactions.

AgoraDex Digital Identity

Digital Identity

To guarantee an unparalleled UX, every user on Agora will have access to a one-for-all digital identity pass, allowing seamless authentication across different games. Log in seamlessly with your MetaMask, Ultra wallet or Web3Auth. Endless games and fun, one-for-all digital identity.

AgoraDex DEX

AgoraDEX

Agora's decentralised exchange, AgoraDEX, is a testament to the platform's commitment to innovation and democratisation of the gaming sector. It is built upon the robust framework of Uniswap V2 and offers unique features like cross-chain token swaps, staking, and liquidity pools, all with low slippage and enhanced user efficiency. This ensures that gamers and investors alike have access to a liquid market for their assets, which is essential for the success of any GameFi project.

While traditional DEXs rely on sole speculation to support their liquidity, AgoraDEX relies on gamers’ assets, making its economy circular and therefore, sustainable. Sustainability is crucial to reach Web3 gaming mass adoption, the ultimate mission for Agora’s Team.

Liquidity management is enhanced through AI. By analysing market conditions and predicting trends, the Agora’s AI liquidity optimiser enables providers to strategically position their assets within the market, ensuring maximum capital efficiency and minimised slippage.

AgoraDex Loot Box System

The Loot Box System

The standout feature of Agora is its gamified launchpad, the Loot Box System, which offers a novel approach to project launches. Powered by smart contract technology compatible with the Ethereum Virtual Machine (EVM), the Loot Box implements NFTs with lottery logic.

Each Loot Box is essentially an NFT that can turn into rare items, tokens, or even lottery tickets unlocking the access to amazing jackpots, creating a raft where users can never lose.

Thanks to the Loot Box System, gaming projects can get funded directly by their target audience, democratising the game development process, in a way never seen before.

FAQ

What is liquidity providing (LP)?

Liquidity providing (LP) involves depositing assets into a liquidity pool to facilitate trading between two different assets without the need for a traditional order book. The LP stands for liquidity providing, liquidity providers or liquidity pool.

What is an LP token?

An LP token is a receipt given to liquidity providers for their contributions to a liquidity pool. These tokens represent the provider's share in the pool and can be used to claim their original stake and any interest earned. LP tokens can also be used for various purposes such as compounding interest in a yield farm, collateral when taking out crypto loans or transferring ownership of the staked liquidity.

How do LPs make income from trading?

Liquidity providers earn income from trading in two main ways - trading fees & yield farming. The LPs earn a small fee for each trade that occurs within the liquidity pool they have provided liquidity to. By depositing their LP tokens into yield farms, liquidity providers can earn additional rewards in the form of tokens. These rewards are generated from the fees collected by the liquidity pool.

What does it mean that a liquidity pool is incentivised?

An incentivised liquidity pool offers additional rewards to liquidity providers beyond just the standard trading fees. The reward incentives are typically distributed with additional tokens.

How can I become eligible for this deal?

There are multiple vaults via which you can access the Agora Alpha deal. To access the Premium vaults, you need to lock up a minimum 2000 BORG tokens to unlock the Community Premium. To be eligible for the Top BORG vault, you need to hold at least 22,000 BORG tokens across in the app. To be eligible for the LootBox vault, you need to purchase at least 2 loot boxes, which will be available for purchase in the app 2 days before the Alpha Deal.

What are the vesting terms of the Agora Alpha Deal? What happens after 12 months?

The AGA tokens purchased in this Alpha Deal will be deposited into an AGA/USDC liquidity pool. The tokens will be used to provide liquidity on the AGA/USDC pair. After the 12 months, the tokens will be withdrawn and put back into the SwissBorg account of the users.


What are the risks associated with liquidity providing ?

While there is a risk of hacking in liquidity providing, the protocol chosen Uniswap is a resilient platform with a track record of withstanding various security incidents. Despite the potential risks, Uniswap's robustness and community support make it a trusted platform for decentralised trading. You also have the risk of impermanent loss.

What is impermanent loss ?

Impermanent loss refers to the temporary loss of value experienced by liquidity providers in automated market maker (AMM) protocols like Uniswap. This loss occurs when the prices of the assets in the liquidity pool change relative to each other after liquidity has been provided. As a result, the value of the assets held in the liquidity pool may be lower compared to if the liquidity providers had simply held the assets in their wallets.

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