RootSeed Tokens, a cryptocurrency project created and published by Mortalis Game

* This whitepaper is a draft and subject to revisions and modifications.

Introduction

Introducing RootSeed Tokens: Earn While You Play in the MMORPG ‘Mortalis: Back to the Roots’!

Welcome to the world of Mortalis Game, where playing is no longer just a pastime but a lucrative opportunity. Mortalis Game, Inc. is revolutionizing the gaming industry with their upcoming MMORPG, ‘Mortalis: Back to the Roots,’ and the introduction of RootSeed Tokens. RootSeed allows players to earn real value while immersing themselves in a captivating gaming experience.

Crafted by skilled players, every item in the game holds value and can be traded on the in-game marketplace. But that’s not all—players can also earn RootCoin, the game’s cryptocurrency, by engaging in various activities within the game. RootCoin is not only a means of transaction within the game but can also be exchanged for fiat currency.

As a RootSeed owner, you have a rare opportunity to receive a passive and eternal flow of RootCoins. A portion of the RootCoins acquired in the game will be distributed among all RootSeed owners periodically. Additionally, RootSeed owners have the chance to become shareholders of Mortalis Game by purchasing RootSeeds and converting them into shares. This exclusive opportunity is limited to the first 200 persons or until a certain number of shares have changed ownership.

Built on the Ethereum blockchain, RootSeed leverages the power of smart contracts to ensure secure and transparent transactions. The compatibility with ERC-20 token standards enables easy integration with various wallets, exchanges, and applications, providing users with a seamless experience.

Join us on this groundbreaking journey where gaming meets earning potential. Discover the world of ‘Mortalis: Back to the Roots’ and seize the opportunity to be a part of the RootSeed revolution.
Learn more about Mortalis Game and ‘Mortalis: Back to the Roots’ at https://mortalisgame.com/. Get ready to play, earn, and be rewarded like never before with RootSeed Tokens.

Token Description

Our token is called RootSeed. 

Mortalis Game, Inc. is developing an MMORPG called ‘Mortalis: Back to the Roots.’ One of our goals is to enable players to earn while playing, aiming to change the prevailing mindset that playing is a waste of time. To achieve this, we are providing all players with an opportunity to earn while they play.

This will be accomplished through the following system:

All items in the game, such as armor, weapons, mounts, and equipment, will be crafted by skilled players. Skill development requires deliberate practice and time, making high-quality items valuable and highly tradable. This enables players to sell their creations on the in-game marketplace.

Players will earn a cryptocurrency called RootCoin by engaging in various in-game activities. RootCoin is the sole currency within the game and can be used for marketplace transactions. 

RootCoin can also be exchanged for fiat currency. Individuals interested in purchasing items on the in-game marketplace can first buy RootCoin and then use it for in-game transactions.

A portion of the RootCoins acquired in the game (e.g., 20%) will be transferred to the Mortalis Game account, forming the Energy Transfer Pool. 50% of the Energy Transfer Pool will be distributed among all RootSeed owners periodically (e.g., once a month). This provides RootSeed owners with a rare opportunity to receive a passive and eternal flow of RootCoins. Owners can then decide whether to use the RootCoins within the game or exchange them for other currencies.

RootSeed owners have an additional opportunity – they can become shareholders of Mortalis Game. By purchasing RootSeeds from Mortalis Game for a minimum value of $500,000, owners acquire the right to convert their RootSeeds into 30,000 shares (or more, depending on the purchase price) of Mortalis Game. This opportunity is limited to the first 200 persons or until 6,000,000 shares have changed ownership (This right applies to Class B Common Shares that have no voting right but grant the right to participate in profit sharing).

Token Technology

RootSeed is minted as an Ethereum-based token, utilizing the powerful capabilities of smart contracts on the Ethereum blockchain (note: this could be subject to change!). The choice of Ethereum as the underlying technology for RootSeed brings several advantages, including security, interoperability, and a well-established ecosystem.

The RootSeed token is implemented as an ERC-20 standard token, which is a widely adopted token standard on the Ethereum blockchain. This standard ensures compatibility with various wallets, exchanges, and other applications that support ERC-20 tokens, making it convenient for users to interact with RootSeed.

As an ERC-20 token, RootSeed inherits essential functionalities such as transferability, divisibility, and the ability to implement additional features through smart contracts. The smart contract governing the RootSeed token includes functionalities such as token transfers, balance tracking, and other custom logic specific to the token’s ecosystem.

The Ethereum blockchain provides a robust and decentralized infrastructure for executing smart contracts, ensuring the immutability and transparency of RootSeed transactions. This means that all RootSeed transactions, including token transfers and interactions with smart contracts, are recorded on the Ethereum blockchain, allowing for secure and auditable transactions.

The use of Ethereum also enables the integration of RootSeed with other decentralized applications (DApps) and services within the Ethereum ecosystem. This opens up possibilities for future partnerships, collaborations, and seamless integration with other Ethereum-based projects.

To interact with RootSeed, users can utilize various Ethereum wallets that support ERC-20 tokens. These wallets provide secure storage and management of RootSeed tokens, allowing users to send, receive, and monitor their token holdings. Additionally, users can trade RootSeed on compatible decentralized exchanges (DEXs) or centralized exchanges that support ERC-20 tokens, providing liquidity and accessibility to token holders.

The RootSeed token leverages the underlying security and consensus mechanisms of the Ethereum blockchain. The decentralized nature of Ethereum ensures that the RootSeed token and its transactions are not controlled by a single entity, providing transparency and reducing the risk of manipulation.

In summary, the RootSeed token is built on the Ethereum blockchain using smart contract technology. This choice offers compatibility, security, and integration possibilities within the Ethereum ecosystem. By leveraging the advantages of Ethereum, RootSeed aims to provide a robust and reliable token infrastructure for the MMORPG ‘Mortalis: Back to the Roots’ and its associated ecosystem.

Token Economics

In the ecosystem of Mortalis: Back to the Roots, the token plays a crucial role in facilitating transactions and incentivizing active participation. This chapter outlines the token economics of RootSeed.

RootSeed In Numbers

Minted value USD	Minted RootSeeds	ICO Value USD	ICO No. RootSeeds	USD/RootSeed	Reserv RootSeeds
600 Million	60 Trillion	420 Million	42 Trillion	0.00001	18 Trillion

Token Supply

A total of 60,000,000,000,000 (60 Trillion) RootSeeds will be minted, representing the maximum supply of tokens. It is important to note that no additional RootSeeds will be minted beyond this initial supply.

Initial Coin Offering (ICO)

During the ICO, 42,000,000,000,000 (42 Trillion) RootSeeds will be made available for purchase by the public. The ICO serves as an opportunity for individuals to acquire RootSeeds and participate in the Mortalis Game ecosystem.

Tokens Reserved for Contributors

Out of the total token supply, 18,000,000,000,000 (18 Trillion) RootSeeds will be reserved for individuals who contribute to the development of “Mortalis: Back to the Roots.” This includes engineers, designers, 3D modelers, marketing professionals, community managers, and other key contributors. The distribution of these reserved RootSeeds will be determined by Mortalis Game in the most suitable manner.

Token Burning

RootSeeds that are exchanged for shares of Mortalis Game will be burned, permanently removing them from circulation. This burning mechanism helps maintain the scarcity and value of RootSeeds by reducing the token supply over time.

The tokenomics of RootSeed aim to create a vibrant and sustainable ecosystem within Mortalis: Back to the Roots. By controlling the token supply and providing reserved allocations for contributors, Mortalis Game ensures the fair distribution and involvement of key stakeholders in the project. Additionally, the burning of RootSeeds in exchange for Mortalis Game shares introduces a mechanism that supports the long-term value and utility of RootSeed tokens.

Token Distribution

The distribution of RootSeed tokens is a crucial aspect of creating a fair and inclusive ecosystem within Mortalis Game. This chapter outlines the token distribution plan.

Initial Coin Offering (ICO) Distribution

During the ICO, a total of 42,000,000,000,000 (42 Trillion) RootSeeds will be made available for purchase by the public. This represents a significant portion of the total token supply. Participants in the ICO will have the opportunity to acquire RootSeeds based on their contributions, with the distribution being conducted according to the predetermined terms and conditions.

Token Allocation for Contributors

A portion of the RootSeed tokens will be allocated to individuals who contribute to the development of “Mortalis: Back to the Roots,” such as engineers, designers, 3D modelers, marketing professionals, and community managers. This allocation recognizes the valuable input and effort contributed by these individuals and serves as a means to reward their involvement. The exact distribution of the reserved RootSeeds will be determined and decided by Mortalis Game, ensuring a fair and equitable allocation.

RootSeed Reserve

Any RootSeeds that are not allocated during the ICO, as well as additional RootSeeds as specified, will be moved to the RootSeed Reserve. The RootSeed Reserve is maintained in the wallet of Mortalis Game, ensuring secure storage and management of the reserved tokens. The RootSeed Reserve serves multiple purposes, including:

• Future Allocations: The RootSeed Reserve allows Mortalis Game to allocate tokens for various purposes in the future, such as partnerships, strategic initiatives, incentivizing gameplay, or expanding the ecosystem. These allocations will be carried out in accordance with the project’s roadmap and the best interests of the Mortalis Game community.

• Liquidity and Market Stability: Having a reserve of RootSeeds allows Mortalis Game to provide liquidity and stability to the token market as needed. This reserve can be utilized strategically to support healthy market dynamics and prevent excessive price volatility.

The allocation and management of RootSeeds in the RootSeed Reserve will be conducted transparently and responsibly by Mortalis Game, with the aim of maintaining the long-term success and growth of the Mortalis Game ecosystem.

Development Phases and Roadmap

Phases

The primary purpose of minting RootSeeds is to raise funds for the development of the MMORPG ‘Mortalis: Back to the Roots’ (the Game). Additionally, RootSeeds are intended to reward and recognize all contributors, whether through monetary or non-monetary contributions.

The development of the Game is divided into six phases:

• Phase one involves documenting the game and creating the story.
• Phase two focuses on building the community.
• Phase three entails financing the development.
• Phase four involves developing the game with partial world and functionality.
• Phase five aims to raise additional funds if necessary.
• Phase six is dedicated to developing a fully playable game.

Phase one began in January 2020, and the work has been ongoing ever since. We firmly believe that this phase is one of the most critical in the game development process. Failing to thoroughly think through and document the game could result in critical errors, as history has shown in the case of many MMORPGs. This often leads to games losing a significant portion of their player base within the first couple of days due to network issues or players quitting during the tutorial phase. To avoid such pitfalls, it is essential to have alternative methods and solutions in place from the outset. This way, when the time comes to develop these solutions, the team will know what to do and which direction to take.

Phase two also commenced in 2020. Building a strong, healthy, and supportive community is a crucial step in our development journey. ‘Mortalis: Back to the Roots’ aspires to become a massively multiplayer game, which requires a substantial number of simultaneous players. Building and nurturing the community is an ongoing process that relies on the support and feedback of our community and early fan base. Involving the community and incorporating their feedback is the right approach to game development.

As of 2023, we have reached phase three. We initiated a Kickstarter campaign in May, which provided valuable learning experiences, but unfortunately did not achieve the desired financial success. Various factors contributed to this outcome, one of which is the declining trend in supporting MMORPGs compared to half a decade ago. Presently, many development studios raise funds through crypto communities, allowing them to support and invest in gaming studios. The next step on this path is the minting and selling of RootSeeds.

Furthermore, in 2023, we commenced the development of a demo game, which places us in phase four. The primary work on this front will begin after successfully raising the necessary capital.

Our ultimate goal is to finance the entire development through the RootSeeds ICO in one go. Ideally, phase five will not be necessary, and we can transition directly from phase three to phase six: the development of a fully playable game.

You can find more information on Mortalis Game and “Mortalis: Back to the Roots” here: https://mortalisgame.com/. 

Roadmap

Note: this is only our vision. The actual items and dates in the plan could change if necessary.

Description	Costs USD	Period (months)
Period 0: ICO		2
Period 1, months 1-12Listing RootSeed on exchange and hiring the dev team.Game Development: The Game ver. 0.1 is going to be developed as single player.Tokenomics Development: RootSeeds will be stored and accessible on our web platform – Survivors’ Camp.	2,122,260	12
Period 2, months 13-24Game Dev: The Game ver. 0.2 adds new mechanics and potentially unique features to the game.Web development: Story access, referral system, forum, rewards, activity points, etc.Tokenomics: As the web develops, the community grows, adding value to the token.	3,036,733	12
Period 3, months 25-36Game Dev: The Game ver. 0.3 adds multiplayer elements and new core features.Tokenomics: Survivors’ Camp marketplace for player-to-player transactions of RootSeeds and other game-related items.	5,228,400	12
Period 4, months 37-48Game Dev: The Game ver 0.4 upgrades crafting, building, trading (player-to-player), gathering and exploration to the next level.Web development: Challenges and mini games in Survivors’ Camp.Tokenomics: Earn RootSeeds while participating in challenges and other daily activities.	9,449,733	12
Period 5, months 48-60Game Dev: Huge leap forward! The Game ver 1.0 – Alpha release. The whole game with most of the functionality will be ready to play by the public.Tokenomics: The RootCoin, our in-game money and main crypto currency can be earned while play-testing. You can collect RootCoin but not exchange it for in-game items.The Energy Transfer Pool is forming. RootCoins are accumulating in the Pool. The Pool is not yet distributed among RootSeed owners.	14,823,400	12
Period 6, months 61-72Tokenomics: RootCoins accumulated to the Energy Transfer Pool will be distributed among the owners of RootSeed.	22,571,400	12
Period 7, moths 73-84Game Dev: The Game ver 1.5 – Beta release. Tokenomics: In-game marketplace with most of the features will be made available. You can now start trading, selling and buying stuff for RootCoin.	27,310,067	12
Period 8, months 85-96. The Game will be launched.	33,963,400	12
Period 9, months 97-108. Real money market for RootCoins (not earlier than 12 months after the launch).	53,003,400	>12

Investor Benefits and Exit Strategy

Investing in RootSeed offers unique opportunities and potential returns for investors, even considering the time it takes to reach the real money market. Here are the key points to consider:

• Holding and Growing Value: By investing in RootSeed, you have the option to park your money and watch it grow in value over time. RootSeed is designed to appreciate in worth, providing a potential return on investment.

• Passive RootCoin Earnings: As an investor, you have the opportunity to earn RootCoins passively. RootCoins can be obtained through gameplay and various in-game activities. These RootCoins hold value and can be sold on the real money market, providing a direct path for investors to monetize their investment.

Exit Strategy:

• RootCoin Utility: RootCoin holds value beyond the initial game. It serves as a currency for future downloadable content (DLCs) and upcoming games developed by Mortalis Game. This utility expands the market demand for RootCoins and presents additional opportunities for investors.

• Profit Distribution: In the event that Mortalis Game reaches 5 million paying customers, a quarterly profit distribution of 30% will be allocated to RootSeed owners. This profit-sharing option allows investors to choose between receiving RootCoins or a share of the company’s profits, providing flexibility and potential ongoing returns.

• Buy-Back Program: In the scenario where Mortalis Game achieves 7 million paying customers, a buy-back program will be initiated. Under this program, RootSeeds will be repurchased from investors at a value of 3 times their initial purchase price or based on the current market value. This buy-back option offers investors the opportunity to liquidate their investment and realize significant gains.

These exit strategies ensure that investors have various avenues to monetize their investment and capture returns. Whether through the utility of RootCoin, profit-sharing, or the buy-back program, Mortalis Game aims to provide investors with a range of choices to suit their investment preferences and goals.

Investing in RootSeed presents a unique opportunity to participate in the growth of Mortalis Game’s ecosystem while having multiple potential exit strategies in place to unlock value and reward investors for their support.

Legal and Regulatory Considerations

This section provides an overview of the legal and regulatory considerations relevant to Mortyalis Game and the issuance of RootSeed tokens. It is essential for prospective participants to understand and comply with these considerations before engaging in any transactions involving the tokens.

Securities Laws: The offering and sale of tokens may be subject to securities laws in the United States, including the Securities Act of 1933 and the Securities Exchange Act of 1934. The determination of whether a token constitutes a security depends on various factors, including the token’s characteristics, the manner of sale, and the expectations of token holders. Mortalis Game has taken steps to comply with applicable securities laws, and it is important for participants to understand any restrictions or requirements associated with investing in tokens.

Regulatory Agencies: The regulatory landscape surrounding cryptocurrencies and token sales is evolving and subject to oversight by various regulatory agencies. These agencies include the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Financial Crimes Enforcement Network (FinCEN), and others. Compliance with applicable regulations and requirements set forth by these agencies is crucial to ensure the legality and legitimacy of Mortalis Game’s operations.

Know Your Customer (KYC) and Anti-Money Laundering (AML) Regulations: In compliance with AML and KYC regulations, Mortalis Game has implemented procedures to verify the identity of participants and mitigate the risk of illicit activities. Participants may be required to provide certain personal information and supporting documents during the onboarding process. Failure to comply with these regulations may result in restrictions on participation or legal consequences.

Taxation: Participants are responsible for understanding and fulfilling their tax obligations arising from the acquisition, holding, and disposal of RootSeed tokens. Taxation laws and regulations may vary depending on the jurisdiction of the participant. It is recommended that participants consult with tax professionals to ensure compliance with relevant tax laws and reporting requirements.

Intellectual Property and Trademarks: Mortalis Game may hold intellectual property rights, including copyrights, patents, or trademarks, associated with its technology, brand, or products. Any unauthorized use or infringement of these rights may lead to legal consequences.

Data Protection and Privacy: Mortalis Game is committed to protecting the privacy and personal data of participants in accordance with applicable data protection laws and regulations. Participants should review Mortalis Game’s privacy policy to understand how their data is collected, used, and safeguarded.

It is important for participants to be aware that the legal and regulatory landscape surrounding cryptocurrencies and token sales is subject to change, and new laws and regulations may be enacted. Mortalis Game will continue to monitor and adapt to these developments to maintain compliance.

This section provides only a general overview of the legal and regulatory considerations applicable to RootSeed. Participants should seek independent legal advice to understand the specific legal implications and obligations associated with their involvement in Mortalis Game and the acquisition of RootSeed tokens.

Risk Factors

Investing in RootSeed tokens involves risks. Prospective investors should carefully consider the following risk factors before making any investment decision. The risks described below are not exhaustive, and additional risks not presently known to us or that we currently deem immaterial may also impact the project. Investing in tokens should only be undertaken by individuals or entities that can afford the complete loss of their investment. 

Regulatory and Legal Risks: The regulatory environment surrounding blockchain technology, cryptocurrencies, and token sales is evolving and subject to change. The project may be impacted by new laws, regulations, or regulatory actions that could affect its ability to operate, the value of the tokens, or the project’s overall success. Compliance with existing and future regulations may require significant resources and may limit the token’s use or transferability in certain jurisdictions.

Market Volatility and Liquidity Risks: The market for cryptocurrencies and tokens is highly volatile and subject to rapid fluctuations. The value of RootSeed tokens may experience significant price volatility, which could result in a loss of value for investors. Additionally, there may be limited liquidity in the secondary market for the tokens, which may make it difficult to sell or trade them at desired prices or volumes.

Technology and Security Risks: The underlying technology, including the blockchain and smart contracts, may be subject to vulnerabilities, bugs, or security breaches. The project may be at risk of hacking, cyber attacks, or other malicious activities that could compromise the integrity, availability, or confidentiality of the tokens or associated systems. Any such events could result in financial loss or reputational damage to the project.

Competition Risks: The blockchain and cryptocurrency industry is highly competitive, with numerous existing and emerging projects offering similar products, services, or tokens. The project may face intense competition from established companies or new market entrants, which could impact its ability to attract users, customers, or investors and could affect the demand for the tokens.

Team and Execution Risks: The success of the project depends on the expertise, experience, and dedication of the team members. Any loss of key team members, conflicts of interest, or operational difficulties could negatively impact the development and execution of the project. There is a risk that the project may not achieve its stated goals or milestones within the expected timeframe or budget.

Market Adoption and Utility Risks: The value and utility of RootSeed tokens are dependent on the adoption of the project’s products, services, or ecosystem by users, customers, and partners. There is no guarantee that the project will achieve widespread adoption or that the tokens will have significant utility or demand. Factors such as market acceptance, regulatory barriers, or competitive alternatives could limit the token’s usage and value.

Financial and Economic Risks: The project’s financial viability and sustainability depend on various factors, including the availability of funds, market conditions, and the successful execution of the project’s business model. There is a risk that the project may face budgetary constraints, inability to secure additional funding, or economic downturns that could impact its operations or the value of the tokens.

Investors should carefully consider these risk factors, as well as other factors not mentioned here, before making any investment decision. The forward-looking statements and projections in this whitepaper are based on assumptions that may not materialize, and actual results may differ significantly from those anticipated or projected. Investors should seek independent professional advice and perform their own due diligence before participating in the token sale or investing in RootSeed tokens.

Team and Advisors

The ecosystem of Mortalis Game has built on 2 legal entities: Mortalis Game, Inc. (US based legal entity; hereinafter Mortalis Game) and Lifelong Fund OÜ (Estonian based legal entity; hereinafter Lifelong Fun;D). Lifelong Fun;D owns 55% of the shares in Mortalis Game. The rest of the shares (45%) are reserved for all the contributors, employees, fans and investors who help us bring life to “Mortalis: Back to the Roots”.

Lifelong Fun;D was established as a game development studio in 2020, whereas Mortalis Game is a production company and IP holder for MMORPG “Mortalis: Back to the Roots”, our main and only (so far) developed product. 

Since 2020 we have put together a development and advisors’ team consisting of about 20 people. All as volunteers. Helping us regularly on a weekly basis or when needed. We have covered many (but not all) areas of the development with professionals or people eager to learn. You can find out more about our people on our website. We are constantly looking for talent and partnerships.

Team Mortalis Game