Chapter IV Vision

Vision statement of SOX next economy: Aspiration for a world beyond games

SOX, as the official cryptocurrency of the Olympian games ecosystem, begins its first life as a means to store and transfer value created through games. As outlined in the Olympian Games White Paper and the Token White Paper, once the SOX-based gaming ecosystem is facilitated and achieves growth and thereby fulfills the outlined conditions below, SOX will be ready to begin its second life as “the universal, trustworthy, and thus remarkable currency for the world”, extending its impact beyond games.

Defining the universal, trustworthy, and thus remarkable currency for the world.

• To be universal means that anyone can acquire, hold, and use SOX without undue obstacles or barriers. Such high accessibility implies that the costs associated with acquiring, holding, and using SOX is equally available for everyone. This eliminates asymmetry of information, which can create market distortions, concentrated wealth, and instability caused by the activities of specific holders or parties. The more people own and utilize a specific currency, the more value distribution is dispersed and therefore the currency then inherently becomes more stable and secure, embodying true universality.

• The essence of being trustworthy extends beyond the currency’s economic utility, encompassing confidence in the stability of its stored value. When users are freed from fears of inflation and maintain their confidence in the underlying ecosystem’s growth, the currency transcends its role as a medium of exchange. It becomes an asset that not only preserves but even expands the wealth of its holders amidst the uncertainties of the global economy.

• When a currency successfully becomes universal and trustworthy, it facilitates itself as an indispensable and natural part of everyday life, as oxygen and water are to our daily lives. However, this very indispensability ironically amplifies its influence in the market as well as on the global economy. A remarkable currency not only facilitates itself as economic value but also serves as a repository of knowledge and a stabilizing force for the whole world. This is when it truly emerges as a global currency. Unlike the existing global currency that faces challenges due to discretionary centralized monetary policies, once SOX attains the status of a global currency, its fixed max supply, commitment to anti-inflationary policies, and emphasis on decentralization will contribute to stability not only in the global economy but also in broader geopolitical dynamics.

SOX aspires to become a universal, trustworthy, and thus remarkable currency by pursuing the following goals. We firmly believe that by achieving these milestones, SOX will secure its place as a global currency available for all.

• The Currency in prevalence: The mass adoption strategy of SOX begins with its use in games, aiming to increase the number of users as well as wallets managing SOX transactions. As of 2024, the global gaming community exceeds 3.2 billion users, and in the context where if game community was a nation, Olympian Games would have the highest population in the world. For SOX to be widespread and mass adopted, Olympian Games must consistently offer engaging, diverse, and high-quality games that are worth the time investment of the player base. Achieving this goal is the most important and foremost mission of the core platform service team of Olympian Games (Federal Service Agency).

• Public consensus and belief in the stored value of SOX: Within the Olympian Games platform, SOX serves as the standard for valuing goods and services, a role that paradoxically results in its value being expressed through its own price as a currency. However, the value and price of SOX are not always identical, as its price is determined by two distinct “invisible hands”. The first invisible hand operates within the platform when transactions occur between buyers and sellers for the utility of goods and services, forming an organically balanced price. This price undergoes validation as traders compare it with similar transactions in other platforms or games. Through this process, the unit price of SOX is established by reflecting the value of such goods and services. This price, derived from the perceived value of goods and services within the ecosystem, is referred to as the endogenous price or intrinsic price. The second invisible hand governs the external cryptocurrency markets, including centralized and decentralized exchanges. Here, irrespective of specific utility or purpose of transaction, the supply and demand of cryptocurrencies reach an equilibrium to form its market price. Because this price is determined externally as a currency through supply and demand, we refer to this as the exogenous price or market price. These two prices influence one another and eventually converge at an ideal price, which can also be referred to as the true “price of SOX”. The continuous price adjustments of SOX across both the ecosystem’s internal markets and external cryptocurrency markets are in a constant dynamic. The ultimate goal is for SOX to reach a level of public consensus where its price is universally recognized as valid and reliable. At this point, no hesitation arises in using SOX as payment or receiving it as compensation for goods and services, thereby fulfilling its intended role within the ecosystem and beyond.

• Most efficient and secure transactions, SHIFT: To achieve the status of a global currency, it is essential for economic cross-border foreign exchange transactions between nations with varying monetary systems to be conducted both securely and efficiently. A global currency serves as the intermediary to facilitate the precise transfer of value between distinct economic communities. While the process of such transactions often involves significant time and effort, blockchain-based P2P transactions inherently aim to overcome inefficiencies arising from differences in time zones, geographical locations, and national boundaries, advancing toward a global transaction system that eliminates distinction between domestic and international transactions. This evolution in cryptocurrency could address economic polarization and inefficiencies caused by disparities in wealth and financial systems, ultimately contributing to the development of the global economy. Yet, blockchain technology also faces challenges such as interoperability between heterogeneous networks and security vulnerabilities that arise during the bridging process of assets. To overcome these obstacles, INT technology of SOX was introduced, ensuring safe and efficient transactions across multiple networks. Furthermore, TNT technology of SOX extends this capability beyond technical networks to bridge disparate financial ecosystems, resolving existing limitations of the blockchain technology and integrating traditional financial systems into a unified global financial system. This transformative concept is encapsulated in the SHIFT (System for Highly Interoperable and Fast Transaction) initiative. Functioning as a trusted value carrier in financial transactions, SOX is expected to quickly reduce transaction costs and establish a new standard for global financial exchanges, offering an alternative to SWIFT, the current global financial transaction framework. In doing so, SHIFT proposes to redefine global finance and set new benchmarks for efficiency and security in economic transactions.

• Sustainability of the ecosystem: In order for SOX to maintain its trustworthiness as a global currency, the ecosystem in which it was conceived must demonstrate stable growth and be widely acknowledged for its sustainability. From the very beginning of human history, games have continuously evolved and adapted to remain relevant in our lives. The FSA (Federal Service Agency) of Olympian Games is committed to the ongoing development of games and game services, which is a basic amusement of mankind, ensuring that Olympian Games remains central to this evolution. This commitment is one of FSA’s foremost objectives. Our vision is to create a world beyond games, and our dedication to shaping an era of the next games holds true. This dual pursuit drives Olympian Games to evolve into an increasingly sophisticated and expansive gaming platform while simultaneously exploring opportunities to develop entirely new platforms centered around innovative values and even seek opportunities to bring about a new satellite platform. For instance, Amazon, now a global cornerstone of e-commerce, began as an online bookstore. Similarly, Olympian Games aspires to not only enhance its foundational gaming ecosystem but also expand its influence by venturing into novel, value-driven territories.

• Major dominance in the cryptocurrency market: To become a leading currency that facilitates seamless transactions across both onchain and offchain environments, SOX must maintain price stability and provide unwavering trustworthiness where no transaction outcome should compromise the stability of the currency. In the realm of cryptocurrencies, trustworthiness is often quantified by market capitalization. A cryptocurrency with higher and sustained market capitalization within the onchain ecosystem tends to gain increased market dominance. The distinguishing omnichain technology of SOX positions it as a strong candidate to become a reserve cryptocurrency, setting it apart from competitors. This advanced technology enhances its potential to secure a dominant role in the broader cryptocurrency landscape. As an initial benchmark toward becoming a global currency, SOX aims to achieve a position within the top 10 cryptocurrencies globally by market capitalization. Attaining this milestone is essential to establishing its dominance and securing its role as a cornerstone in the rapidly evolving cryptocurrency market.

SOX is now ready to be elevated to a global currency and begin its second life (Product Life Cycle)

• Going beyond the conventional P2E game token model, Olympian Games is committed to making a tangible and real contribution to the lives of all gamers by empowering them to be gamers as a profession. Incorporation of e-sports in accordance with game-specific characteristics, SOX as rewards for triumphs, and effective allocation and supply of the token is required.

• However, in order to fundamentally prevent the excessive supply-induced inflation that plagues many cryptocurrency projects, Olympian Games has implemented the ORACLE policy where it establishes robust safeguards to ensure the stable and sustainable growth of SOX price.

• Also, by implementing the bridgeless cross-chain transmission technology; INT (Inter-Networks Transaction), and the offchain transaction verification technology that enables secure onchain and offchain interactions known as TNT (Trans-Networks Transaction), we will be pioneering the era of omnichain tokens and freeing cryptocurrencies from the limitation of single blockchain network or onchain environments.

• Building on a sustainable ecosystem rooted in games, SOX combines clear utility with stable distribution and supply policies. This foundation will facilitate the growth of SOX through increased user adoption and rise in price. Anchored in the principles of universality and trustworthiness, SOX aspires to evolve into a global key currency through a new paradigm shift by SHIFT and improve inefficiencies while amplifying the impact of international and inter-institutional transactions.

The vision for SOX is not a vague dream but a realistic blueprint meticulously crafted by the FSA. It reflects invaluable lessons learned from both success and failure experiences in market-driven initiatives. FSA has addressed past errors and limitations, ensuring this iteration surpasses previous constraints. Calling this a blueprint signifies its high feasibility and the team’s confidence in its detailed and actionable strategies.

Olympian Games, the ecosystem for which SOX was born, is set to continue its growth as a stable and sustainable platform. As the economy of SOX flourishes, the rise of satellite platforms around Olympian Games will inevitably rise. Together, they will form a new mega-platform with Olympian Games at its core. This is when Olympian Games will be upgraded to an all-new Olympian Games platform. Olympian Games will transcend its role as a mere gaming platform. It will deliver ecological enjoyment and happiness to humanity while economically addressing inequalities while fostering the acknowledgement and recognition of diverse achievements of wealth. Olympian Games’ social calling will be to protect the value of life, ensuring that every individual feels their life is worth living. Achieving this goal will be the team’s ultimate purpose.

Now, it is the time to pull up your sox.

V.O.X. Foundation, United Games Corp., and Olympian Games