❓FAQ
Q1: What is Energy Crisis?
A1: Energy Crisis is a blockchain and NFT-based virtual world where players can build their own thriving oil companies, starting with an oil field and expanding through drilling rigs, oil extraction, and surveying for new reserves. Players can collaborate, form alliances, and participate in governance through OpecDAO.
Q2: How can I exact oil in the game?
A2: First, you need to invest in an oil field. There are three types of oil fields from the Middle East, North America, and Europe, each with unique reserves and production capabilities. A total of 21,000 oil fields are available.
Next, you need to set up a Drilling Rig on your oil field to begin extracting oil.
Q3: How can I boost my oil reserves?
A3: There are a few ways to boost your oil reserves:
Conduct surveys to find Yield Boosters: Carry out surveys on your oil field to discover Yield Boosters, apply them to your oil fields and you can increase your oil reserves.
Collaborate with other players: Forge partnerships with fellow oil tycoons and visit their oil fields to exchange knowledge, discuss strategies, and learn from each other's experiences in managing oil empires. You can visit your partner's oil field once a day (each oil field can be visited up to 5 times before the harvest). The visited player will receive an additional 3% yield booster for their $OIL during the next harvest, while you will also be rewarded with a 3% yield boost!
Q4: How does voting through OpecDAO work in Energy Crisis?
A4: Voting through OpecDAO is an essential aspect of collaboration and governance in Energy Crisis. Players can:
Participate in OpecDAO: Stake their mined $Oil to earn $veOIL and gain voting rights as members of OpecDAO.
Engage in collective decision-making: Cast votes to influence the distribution of dynamic $Oil earnings across Europe, North America, and the Middle East, creating a sense of shared responsibility and collective decision-making within the community.
Q5: Can you explain the tokenomics of Energy Crisis in more detail?
A5: The tokenomics of Energy Crisis revolves around the $Oil token, which is the primary currency used for transactions, production, incentives, and governance within the game. Here's a detailed breakdown of the tokenomics and revenue distribution:
Maximum supply: There is a maximum supply of 21 billion $Oil tokens, with 95% dedicated to game rewards for players and 5% reserved for team development and initial liquidity. The rewards per second will be halved every three months, starting at 512 $Oil per second until 1 $Oil per second.
Purchase and sales tax: To maintain a stable ecosystem, a 10% purchase tax and a 5% sales tax are imposed on $Oil token transactions. This discourages market speculation and protects the game economy.
Deflationary measures: Every USDT or other token spent on oil field purchases and exploration contributes to the repurchase and burning of $Oil tokens, ensuring consistent demand. 90% of repurchased tokens are burnt, while the remaining 10% are allocated for DAO, marketing, and operations.
Q6: How is the $Oil output of the oil fields calculated?
A6: In Energy Crisis, various oil field NFTs offer different rates of ROI. The ROI is determined based on the type and value of the invested token, such as ETH or USDT. For instance, if you invest 30 USDT to purchase an oil field with a 400% ROI, the field will generate $Oil revenue equivalent to 120 USDT for you.
The $Oil output for each oil field is calculated by multiplying the unit output of the oil fields in the region by the ratio of the remaining oil reserves (unclaimed reserves) of the oil field to the total unclaimed reserves in that region.
Two factors determine the output of oil fields in each region:
Basic output and dynamic output allocation: The total output of oil fields is divided into basic output and dynamic output at a ratio of 2:8. This means that, out of the 512 $Oil produced per second, 102 $Oil comes from basic output, while the remaining 410 $Oil is dynamic output.
Output allocation ratio for each region: For basic output, the distribution ratios for Europe, North America, and the Middle East are 1:2:4. For dynamic output, the initial allocation is based on the total reserve ratios of oil fields in each region during the pre-sale phase.
Following this, the distribution of dynamic output among the three regions is determined by the voting results of OpecDAO. Voting results are tallied once a week (calculated by the second) to ensure that profit distribution remains aligned with the latest market conditions.
Europe
14.63
102.40
117.03
North America
29.26
122.88
152.13
The Middle East
58.51
184.32
242.83
Total Output/S
102.4
409.6
512
Suppose you currently own a European oil field with an unclaimed reserve of 100 USDT, and the total unclaimed reserves in the European region amount to 350,000 USDT. In this case, your oil field's output per second would be calculated as: 117 * 100/350,000 = 0.03.
It's important to note that the frequency of users' claims, the price of $Oil, and the voting results are all subject to change. As a result, your $Oil output rate will also fluctuate in real-time.
Q7: Are the oil field NFTs I purchase permanent or consumable?
A7: Similar to real-life oil fields, the oil field NFTs you purchase are permanent. However, the reserves within the oil fields are limited. When all the oil reserves have been depleted, the oil fields will no longer yield oil. To continue extracting oil, you will need to perform surveys to obtain yield boosters that can be applied to your oil fields.
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