The community has been at the core of PlotX and since its early days, PlotX has put in extra efforts to nurture the community across platforms. The lively PlotX community has had their say, engaged with each other, loved, fought, and discussed everything about PlotX, and has shaped the platform in more ways than one.

It won’t be wrong to say that Telegram of all the platforms has helped build this vibrant and diverse community that has become the centerpiece of PlotX’s growth trajectory. The value exchange in terms of support, suggestions, feedback, and much more has always been top-notch. BUT it is getting increasingly difficult to monitor and engage in a value exchange on 1 giant chat channel on Telegram.

This brings us to the real deal- The PlotX community shifting base to Discord from Telegram

The decision to move the community to Discord was taken after a careful assessment and due diligence.

Here is what it means for you:

• Updates from the developer community: Stay in the thick of things with the latest updates straight from the developers of PlotX. Unlock sneak peeks, upcoming features, exclusive testing, and much more on Discord.
• More secure — Spam, Spam everywhere! Not a single place to talk. With impersonations rising, Discord gives the PlotX community a more secure and safe space to collaborate and do epic shit together.
• Priority 24*7 support: All the moderators and the cream of the PlotX community has already made the move to Discord and are constantly helping the community with any type of support. At discord, PlotX never sleeps.

Here is what it means for the community:

• Topic-based text channels — Discord lets us have multiple conversations around multiple topics without them eating into each other’s space. Discord is the perfect fit for the needs of a diverse community like PlotX. A dedicated channel for traders, sports fans, crypto bros, players, and everyone else will help build an organized community.
• Structured conversations — The biggest turn-off for a community is when the conversations get lost in the shuffle of 1 giant chat channel. Discord helps us put up structured channels for different communities, conversations, and purposes
• Carefully monitored server — Discord offers an option to assign category-wise moderators to help you better understand the gameplay, and strategies and to address any issues
• Better collaboration — With better and more niche-based bots and tools, Discord makes it easier for the community to collaborate, hold meaningful conversations, and conduct events without any hassle

Timeline for the migration:

The Telegram chat channel will be muted after 15th August 2022. PlotX Announcements will operate as usual and you can stay subscribed to the channel for any updates.

Join the PlotX community on Discord: https://discord.gg/6eVHxMuxU3

PlotX community chat is moving to Discord was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.

Our engineering team will be performing system upgrades in the downtime. This will help us serve you with a better, faster, and more seamless user experience.

Maintenance schedule

Date: 2nd August 2022
Time: 12:30 A.M to 6:30 A.M UTC

Scheduled maintenance 12:30 A.M to 6:30 A.M UTC on 2nd Aug 2022 was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.

As part of our efforts in making PlotX available globally, there are changes to our Terms of Use of the PlotX user interfaces (PlotX.io web app or mobile app) that may impact you starting 1st July 2022.

Amongst other things, we are limiting the functionality of PlotX in certain jurisdictions. The full list of restricted jurisdictions can be found in our updated Terms of Use.

This change will be effective as of 1st July 2022. However, users from all affected jurisdictions will have till 14th July 2022 to unstake or transfer out any assets via PlotX user interfaces (PlotX.io web app or mobile app), post which the user interface will be restricted for these jurisdictions. PlotX is non-custodial and runs on smart contracts, so your assets in your wallet are safe and belong only to you.

We understand that you might have questions. A Discord channel has been created specifically to address any concerns that you may have.

If you are not in a restricted jurisdiction, feel free to continue using PlotX just as you have been doing before. For the rest, we are working towards increasing the coverage of operations and encourage you to join the PlotX community to stay updated.

Change in Terms of Use was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.

A week-long tournament | 35,000 PLOT prize pool & much more

Here is your chance to prove your forecast acumen & win up to 35,000 PLOT

Compete with your fellow PLOT heads, forecast non-stop, outscore them, climb up the leaderboard and get your share of the prize pool.

Enough foreplay, it’s time to cut to the chase.

Here’s the basic details

• Place a crypto forecast to participate
• Tournament starts: 22nd June 2022
• Tournament ends: 28th June 2022
• Participate anytime in the tournament within the specified period
• Tournament results are to be updated within 48 hours of the tournament end time
• Rewards to be deposited to the game wallet within 48 hours of the tournament end time

Here’s how to climb up the leaderboard

• Place a crypto forecast to get an entry into the tournament
• Forecast non-stop for 7 days
• Users with the highest PLOT volume usage get to the top of the leaderboard
• The user with the largest single forecast in the tournament will get a special 1,750 PLOT reward
• Check and monitor the leaderboard regularly to plan your next move and stay on top of your game
• Bring your A-game!
• Forecast Hard, Forecast Big!

Play Now

Check your rank here

Battlegrounds is back — Grab the chance to win up to 35,000 PLOT was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.

The PlotX Journey

PlotX came into being with a simple dream of sachetizing crypto so that anyone and everyone can get a slice of the booming web3 pie. We thought we were working on an interesting, albeit small project. But boy, did you guys prove us wrong!

PlotX went viral from the get go.

• Just in April, we had close to 400k Monthly Active Users
• More than 140k markets were created in which you participated more than 1.3 million time
• A total of 264,328,953 PLOT (~$23m) was distributed to users as rewards.
• You staked close to 20 million PLOT in the PlotX staking pool!

This is when we realized that we could build on our community and create something bigger and better and reach out to more people to bring them into our web3 world — and what better way to do that than to allow people to monetize a universal quality — knowledge. Everyone — no matter their country, background, social status, or wealth — is knowledgeable about at least one thing in the world. There is at least one area that they know more about than most other people. We are creating a platform that will let people leverage that knowledge to answer questions and gain wealth.

We are evolving from a crypto price prediction protocol to a fantasy trivia game with questions across multiple categories like crypto, sports, pop culture, movies, weather, stocks and so many more. Think of a category, and we will soon have that! And all this under the umbrella of a Play2Earn ecosystem.

So, an app?
The first step towards this change is the launch of our own Android app (and a $51,000 giveaway) with radically different gameplay. We are now going to be present in everyone’s phone — letting our users access us anytime, anywhere. And that’s not all that will be changing -

• Multiple-question format: Introducing ‘contest style’ gameplay. Answer a series of questions to enter contests and test your knowledge of the category.
• Launch of Cricket category: Designed around the Indian T20 league, there will be challenges for each and every game. Pick a challenge, forecast answers, enter a contest and earn crypto while having fun.
• Multiple deposit options: Players can now buy and deposit crypto using a variety of options i.e. Debit cards, Web3 wallets, P2P & Withdrawal from popular exchanges.
• Improved UI/UX: A complete rebrand and improved user experience.

What’s next?
Transformation is never easy, and to do it well requires a clear vision and planning. We are excited to show you the result of your patience, understanding and support.

Presenting the roadmap for PlotX. We know where we are going, and we are already on our way.

WAGMI.

2022

• Launch of mobile app
• Launch of Sports category
• Addition of contests and tournaments
• Rebranding reveal with new UI
• Development of legacy payment bridge — cards and wallets
• Development of NFT and consumable powerups marketplace
• Release of NFTs — The Trivialz Collection
• Presale of exclusive limited content — Premium NFTs, powerups and cosmetics
• Launch of Free2Play and Play2Earn formats
• Introduction of token burning mechanisms
• Creation of full-fledged leaderboards
• Launch of Pop Culture category
• Launch of Movies category
• Launch of User Profile
• Introduction of daily quests and gift boxes
• Significant improvements to mobile version
• Reputation based loyalty reward system
• Addition of staking mechanism

2023

• Launch of Stocks category
• Launch of Weather category
• Launch of Politics category
• User-Generated Content option introduced
• Launch of PvP battles
• PvP ranking and rewards introduced
• Addition of social platform and accuracy score
• Second release of NFTs
• Addition of friends’ lists
• Addition of messageboards to facilitate user discussion
• Addition of Ascension trait to Premium NFTs
• Introduction of Sponsorship

2024

• Start of project transformation into PlotXDAO
• Development of Governance mechanisms
• Setup of initial incentives for stakeholders

When an app launch is more than just the launch of an app was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.

More details about the issue can be found here >> https://forum.polygon.technology/t/pos-chain-downtime-and-heimdall-issue/2324

What’s next?

Since this is a global problem, the fix to this issue is beyond our control. We are constantly in touch with the Polygon team and they are working for a timely and complete fix to the issue. We currently don’t have an ETA on when this issue will be completely fixed but we will update the community once we have an update from the community.

Rest assured, all the user funds and data remain unaffected.

Thanks for your support and patience.

Stay tuned for more updates on this!

Team PlotX

Transaction delays on PlotX due to Polygon downtime was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Polygon POS chain is experiencing issues including errors with Public RPCs and increased reorgs. This is causing delays in transactions across the board. Since this is an issue on the Polygon chain, it is affecting all applications on the platform, including PlotX. This is why you might be facing delays both in terms of market settlement as well as reward allocation.

What happens now?

Unfortunately since this is a global problem we cannot solve it ourselves. Polygon has assured us that resolving this issue is the highest priority for them, and for the moment we just have to hold on and wait for this to get fixed.

Stay tuned for updates on this situation.

Transaction delays on Polygon was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.

What is happening?

On December 11, around 10PM UTC, the AscendEX Exchange was hacked through a compromised Main Hot Wallet. In total approximately $77.7 million was siphoned away across 50+ assets. PlotX was one of the projects affected, with approximately 4.5 million $PLOT tokens taken from multiple accounts. AscendEx assured that all token holders would be fully compensated and they followed through with that promise.

The hacker is now looking to liquidate their holdings and trying to sell their $PLOT on various markets. This has resulted in the $PLOT token price falling by 32% in the last 24 hours.

What happens now?

A hack is an anomalous event, and the $PLOT token price may be affected in the short term due to this. On the flip side, it will be beneficial when the balance tokens with the hacker come in the hands of our community of users & holders.

At PlotX we remain committed to building and creating value with our upcoming Play2Earn product and we are thankful for all the support and help from all of you in the community!

WAGMI

Note to our community — AscendEX hack was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.

TL;DR

• You can now stake $PLOT tokens, and earn upto $100K every month in MATIC & bPLOT. Check the current rewards APY at https://plotx.io/stake
• If you don’t have PLOT, you can stake with various tokens and they’ll be swapped for PLOT in the background. Just head over to https://plotx.io/stake, select one of the supported tokens, and hit Stake: WMATIC, USDC, USDT, DAI, WETH.
• The staking pool is available on a First-come-first-serve basis — there’s a max staking limit of 20m PLOT tokens. Check the current fill rate in the pool at https://plotx.io/stake
• More staking = More rewards. Unlock higher daily payouts on hitting 10m & 15m PLOT staked!
• Staking rewards are distributed every second, and instantly claimable. Unstaking has a 30d lock up.

Community-Led Growth

PlotX has come a long way in the last 1.5 years. Since inception, we’ve been focused on building a decentralized infrastructure for skill-based games. All of this led by the amazing community behind PlotX.

Users of PlotX today utilize the PLOT token for playing the prediction game and earn rewards in PLOT as well. There has been constant feedback in the community for launching a feature that allows users to stake these PLOT tokens in return for APY generated by the protocol or via our partners.

PLOT Single-Sided Staking starts today!

We can’t wipe the smiles off our faces as we announce the much-awaited single-sided staking feature for PLOT.

PLOT holders can now stake their PLOT tokens and earn APY in MATIC & bPLOT tokens.

Why MATIC you ask?

The good folks at Polygon (previously known as MATIC) have recently given a $2m grant as part of the larger $5m fund raise. This grant will be utilized to bootstrap the growth wheel of PlotX and the first utilization of the grant comes as staking rewards for all the community members.

We’ve designed the single-sided staking program after a lot of feedback from the community. Keep reading to get to the finer details.

How to stake PLOT?

Follow these steps to stake PLOT:

1. Head over to https://plotx.io/stake
2. Click on Stake, and connect your Web3 wallet
3. Enter the amount of $PLOT you’d like to stake
4. Click on Stake Now to complete the transaction
5. Monitor your staking anytime in the future at the same link

If you do not have $PLOT, then you can use any of the following assets in your Polygon wallet — WMATIC, USDC, USDT, DAI or WETH, to participate. The tokens will be converted to $PLOT via QuickSwap and staked in a single transaction.

How are the staking rewards calculated?

Please note that this is a single-sided staking program. This means that when you stake PLOT you are basically going long on PLOT (coz you’re not selling and instead staking), and also getting rewards for it.

The rewards are distributed in MATIC & bPLOT every second. Out of the total rewards distributed, your rewards are calculated in proportion to the amount of PLOT staked by you. Here’s an example:

• Assume that you staked 100,000 PLOT and that the total PLOT staked is 1,500,000.
• You now own 6.67% of the staking pool.
• If $3000 are distributed as rewards per day, you will earn 6.67% of $3000 i.e. $200 per day.

Pro Tip: If you want to stake, it is recommended that you jump in early. As more people stake, your percentage ownership of the reward pool will reduce.

How many rewards are distributed per day?

This changes based on how many PLOT tokens are staked.

We want to encourage staking, and have gamified the program by introducing Reward Boosters. Typically in most staking programs, the APY dries up as more people stake. However, in this program thanks to Reward Boosters, that wouldn’t happen. See table below

Pro Tip: Come in early and invite your friends to the party. Higher the total PLOT staked, higher the rewards booster (and hence, APY).

How can I stake PLOT if I have PLOT tokens on Ethereum?

You will have to bridge your PLOT tokens from Ethereum to Polygon and then stake. For bridging guidance, here’s a link: https://docs.plotx.io/how-to-migrate-plot-to-polygon

Fun Fact: PlotX has 25K holders on Polygon and only 3K holders on Ethereum. If you are still on Ethereum, you might want to consider moving to Polygon for a faster & cheaper experience of using PlotX / trading PLOT :)

Note: Polygon has gone through a hard fork with the implementation of ERC1559. Consider doing the following to ensure you are able to bridge & stake easily:

1. Use a wallet other than MetaMask

• You can export the private key of your wallet from MetaMask and import the same wallet into another wallet UI like Trust Wallet

2. Delete the currently existing Polygon/Matic network RPC from your MetaMask and add it again before making the Approve/Stake transaction

• Learn how to add the RPC here

How can I stake PLOT if I don’t have PLOT tokens lol?

You’d have to buy PLOT! Here are some ways you can do it:

1. If you have WMATIC, USDT, USDC, WETH or DAI on Polygon Network

• Head over to https://plotx.io/stake
• Connect your wallet and follow the steps of staking via WMATIC, USDT, USDC, WETH or DAI.
• Your funds will first be swapped for PLOT via QuickSwap in the background (voila!), and then staked in the pool automatically in a single transaction.

2. If you have any token on Ethereum

• Swap your token for PLOT on Uniswap
• Bridge PLOT from Ethereum to Polygon by following this guide
• Stake your PLOT via https://plotx.io/stake

Is there any cap on how much I stake in the pool?

Staking pool is available on FCFS basis — there’s a max staking limit of 20m PLOT tokens. So, once the total amount staked in the pool reaches 20 million $PLOT, you won’t be able to participate in the staking program. Until then, feel free to stake as much as you want!

Although, as has been mentioned earlier there is no minimum staking amount.

How soon can I unstake?

You can unstake 30 days after your staking transaction.

For example, if you stake 20,000 PLOT at 1 PM UTC, 17 Jan 2022, then you will be able to unstake that amount at or after 1 PM UTC, 16 Feb 2022.

That means there is a 30-day lock-in period for the principal amount. However, the rewards can be unstaked instantly.

Stake $PLOT now and get MATIC & bPLOT instantly!

So, what are you waiting for? Stake your $PLOT now and grab your rewards

Remember: The early stakers get the maximum rewards!

And, if you are looking for a better staking option elsewhere, we regret to inform you that

Check our offers here

Predict Now on PlotX

Get the latest updates from PlotX:

• Telegram Announcements
• Twitter
• Medium

Join the tribe, become a PLOT Head!

• Telegram
• Discord

Single-sided PLOT staking is here — stake PLOT, earn upto $100K every month in MATIC & bPLOT was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.

Funding News

We at PlotX are superpumped to announce that the project has secured a $5 million pre-Series A funding round and grant led by Polygon Studios & Hashed. We are already one of the fastest-growing GameFi ecosystems on Polygon and this new capital will help further scale our global reach.

The funding round saw participation from multiple notable investors including Polygon Studios, Hashed, Animoca Brands, Alpha Wave Global (formerly Falcon Edge) and power angels including Sandeep Nailwal (Co-Founder Polygon), Alan Howard (Co-Founder Brevan Howard Asset Management).

Bigger and better!

The PlotX community has already grown to over 83,000 paying users verifiable on-chain, and we are growing at 144% month-on-month.

Over the last 7 months, we have crossed $4.1M GMV, growing 59% month on month.

And the most exciting part of this is that 70% of this GMV is contributed by retail users! This, along with the fact that 21,555 people have become token holders, underlines the practical utility of the project.

What’s next for PlotX?

There are big plans brewing for PlotX over the next few months.

PlotX Play2Earn: We are going to launch a Play2Earn variant to complement our current Predict2Win game. This will provide users an opportunity to convert their time into money, and create a sustainable economy for our gaming ecosystem.

New Features: Over the next releases, we will unveil multiple core gameplay features such as PvP battles, individual avatars, NFTs with special abilities, leaderboards, user level-up systems, daily/weekly quests and many more. Look forward to a whole new experience that turns crypto price prediction into a thoroughly fun experience!

Staking Program: We are launching our new staking program to reward our community with bPLOT and MATIC tokens. Participants have a pool of up to $100k in MATIC & bPLOT — More details here

Our Investors Speak

Sandeep Nailwal, co-founder of Polygon:
“PlotX has found the holy grail of Product-Market-Fit. I’ve seen their journey in the crypto ecosystem since 2017 and it is phenomenal to see the growth of PlotX. We are rooting for PlotX to be India’s Axie Infinity, powered by Polygon, and are very excited to partner with the team!”

Ethan Kim, co-founder and partner at Hashed:
“We’ve seen the growth of Axie Infinity up close, and are now witnessing what PlotX is doing for the India++ market. In emerging economies like India mass adoption of crypto would be driven by P2E games like PlotX — a Web3 project with a frictionless Web2 user experience. I am particularly very excited about PlotX’s idea of ‘sachetizing’ crypto for emerging economies. Skill based games in Web3 that reward people for their knowledge will open the floodgates for mass adoption in meaningful ways. PlotX is well positioned to lead this charge and we are super excited to be joining the PlotX community on this journey!”

Yat Siu, co-founder and executive chairman of Animoca Brands:
“PlotX has been building infrastructure for scalable Web 3.0 skill-based gaming, and its embedded wallet, meta-transaction relayers and solid core game loop already provide a solid user experience. We are thrilled to support the team in its vision to build the most sustainable GameFi ecosystem for emerging economies.”

About PlotX

PlotX is an ‘X’-2-Earn GameFi ecosystem on Polygon. The current dapp is a skill-based trivia game where users predict the outcome of real-world events to earn rewards every hour. PlotX Play2Earn game is an attempt to create sustainable P2E ecosystems with the rewards being sponsored by the on-chain treasury. PlotX is on its way to providing the most accessible crypto earning opportunity for the emerging economies of the world.

Check our offers here

Predict Now on PlotX

Get the latest updates from PlotX:

• Telegram Announcements
• Twitter
• Medium

Join the tribe, become a PLOT Head!

• Telegram
• Discord

PlotX Secures $5 Million in Funding & Grant Led By Polygon, Hashed To Expand Play-To-Earn… was originally published in PlotX on Medium, where people are continuing the conversation by highlighting and responding to this story.