HYTOPIA, HYBUX, and TOPIA: Everything You Need to Know About the Creator Fund, Migration, and Game Development Tools
HYTOPIA Creator Fund: Empowering Game Developers with Milestone-Based Grants
HYTOPIA has unveiled a revolutionary $125,000 Creator Fund to support game developers in crafting innovative projects. This fund offers milestone-based grants of up to $25,000 per team, ensuring creators retain full ownership of their games and intellectual property. By adopting a non-dilutive approach, HYTOPIA empowers developers to maintain control over their creative vision.
Key Benefits of the Creator Fund
Selected teams gain access to a suite of benefits designed to enhance their game development journey:
Engineering Support: Receive technical assistance to streamline development processes.
Marketing Assistance: Access resources to effectively promote games to target audiences.
Revenue Sharing Model: Developers retain 75% of primary and secondary sales revenue, ensuring a favorable income split.
Eligibility Criteria for Applicants
To qualify for the Creator Fund, teams must meet specific requirements:
Proven success with a game achieving over 10 million Roblox plays or 100,000 mobile downloads.
A team comprising at least a 3D modeler, an animator, and a JavaScript or TypeScript developer.
Applications are reviewed within 48 to 72 hours, and accepted teams must complete a one-time KYC process to ensure compliance and transparency.
Migration to Coinbase’s Base Layer-2 Network: Enhancing HYTOPIA’s Ecosystem
HYTOPIA is transitioning its ecosystem from its custom Hychain network to Coinbase’s Base Layer-2 network. This strategic migration aims to reduce gas fees and improve infrastructure, making the platform more efficient and accessible for developers and users.
Key Impacts of the Migration
Lower Gas Fees: Transactions within the ecosystem become more affordable, benefiting developers and players alike.
Improved Infrastructure: A robust and scalable network to support future growth and innovation.
This migration also introduces significant changes to HYTOPIA’s tokenomics, including the retirement of the $TOPIA token and the launch of $HYBUX.
$HYBUX Token: The New Utility Token for HYTOPIA
As part of the migration, HYTOPIA is replacing $TOPIA with $HYBUX as its new utility token. This transition includes a 1:2 airdrop for $TOPIA holders who withdraw from liquidity pools and store their tokens in personal wallets.
Key Details About $HYBUX
Total Supply: 10 billion tokens.
Staking and Marketplace Rules: Designed to reward holders and foster ecosystem growth.
The introduction of $HYBUX aims to create a more sustainable and rewarding ecosystem for all participants, ensuring long-term value for developers and users.
HYTOPIA’s Development Tools: Simplifying Game Creation
HYTOPIA offers a comprehensive suite of development tools tailored for creating games across desktop, mobile, and web platforms. These tools are designed to simplify the game development process, making it accessible to creators of all skill levels.
Features of HYTOPIA’s Development Tools
No-Code Tools: Enable creators to build games without extensive programming knowledge.
SDK-Based Solutions: Provide advanced customization options for experienced developers.
Real-Time Camera Effects: Enhance gameplay visuals for immersive experiences.
AI Tools: Streamline game design and development processes.
Quest Systems: Add depth and engagement to games.
Monetization Options: Built-in features to generate revenue from games.
Partnership with IROC Studios: Introducing Pawtopia
IROC Studios, a leading Roblox game developer, is the first official partner of HYTOPIA’s Creator Fund. They are developing Pawtopia, a voxel-based pet collection and exploration game.
What to Expect from Pawtopia
Vibrant Environments: Immersive and colorful game worlds designed to captivate players.
Unique Pets: Cube-shaped pets with special abilities, adding a layer of strategy to gameplay.
Gameplay Progression: Tied to pet growth and exploration, ensuring long-term engagement.
This partnership underscores HYTOPIA’s commitment to fostering innovative and engaging gaming experiences.
Revenue Model and Monetization Options for Developers
HYTOPIA’s revenue model is designed to empower developers by offering a favorable 75/25 revenue split. Developers retain 75% of both primary and secondary sales revenue, ensuring a sustainable income stream.
Monetization Features
In-Game Purchases: Seamless integration of microtransactions to enhance player experience.
Marketplace Sales: Opportunities to sell in-game assets and collectibles, creating additional revenue streams.
These features provide developers with multiple avenues to generate income while focusing on creating high-quality games.
The Role of the HY Foundation in Ecosystem Management
HYTOPIA has established the HY Foundation in the Cayman Islands to oversee its ecosystem and manage the migration to Coinbase’s Base Layer-2 network. The foundation plays a pivotal role in ensuring the platform’s long-term sustainability and growth.
Responsibilities of the HY Foundation
Ecosystem Management: Overseeing the development and maintenance of the HYTOPIA platform.
Migration Oversight: Ensuring a smooth transition to the new network.
This centralized management structure provides stability and direction for the HYTOPIA ecosystem.
Conclusion: A New Era for HYTOPIA
With the launch of the Creator Fund, the migration to Coinbase’s Base Layer-2 network, and the introduction of $HYBUX, HYTOPIA is positioning itself as a leader in the blockchain gaming space. By empowering developers with innovative tools, financial support, and a sustainable revenue model, HYTOPIA is paving the way for the next generation of gaming experiences.