Community Update #1

Itchiro Games
4 min readNov 18, 2020

Hi gamers 🕹! This is our first community update post. Two weeks feels like a long time, learn about everything we’ve been working on from November 1st till now. We’ll also share some important events you should keep an eye on this month.

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Old Business

Presale · Uniswap Listing · Liquidity Locking · Minting the 30,000 JEM Token Supply · Disabling Minting Function · Vesting Team Tokens · Mining · Airdrop Winners · Trading · External Relations (PR/Marketing/Appearances) · Transparency

New Business

🌽 CoinVille · 🇯🇵 Shinobi · 🤖 Technology · 🤝 Partnerships · 📈 Listings

Old Business

👾 Presale

  • Start Time: 2 pm EST on Saturday, October 31st
  • End Time: 6 pm EST on Sunday, November 1st.
  • Details: Members were able to send up to 3 ETH to 0x4620AC1eDFF8753012418a66A0b435C4B51F77A9 at a rate of 3 $JEM 💎 : 1 ETH
  • Total Raised: 617.7561561 ETH ( 5:31 PM EST on Sunday, November 1st)

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👾 Uniswap Listing

  • Half of the proceeds (308.8780 ETH) were coupled with 463.3171 $JEM to create the JEM/ETH UNISWAP V2 liquidity pool:

https://app.uniswap.org/#/swap?inputCurrency=0x21cf09bc065082478dcc9ccb5fd215a978dc8d86

  • 463.3171 JEM were minted here to create the pool:

https://etherscan.io/tx/0xa0870c125305ad7f8d2b13bd790e52e70bc5fc370a56c9d589eefb0bad97195e

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👾 Liquidity Locking

  • Dev team locked the LP tokens received from creating the JEM/ETH Uniswap pool with Unicrypt in this transaction ID:

https://etherscan.io/tx/0x725fd869277ebdac1df8c34e269977efe3761966b6ccb0720351ab5a37b772ff

  • You can find the Unicrypt link here:

https://v2.unicrypt.network/pair/0xA27BB6A407b8CAd886c7b9B8FBcA097E1029648F

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👾 Minting the 30,000 JEM Token Supply

  • Our team successfully minted an additional 26,386.6829 JEM tokens to the multisig.
  • The total supply of $JEM forever is 30,000 tokens.
  • Link to minting transaction ID:

https://etherscan.io/tx/0x782be285fc0c4e5c7c77f7f52c16dd55c629f1f27f19a790a8c46545b2b76ec4

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👾 Disabling Minting Function

  • At around 11:15 am EST on November 2nd, 2020, the dev team disabled the minting function by revoking the role of the team’s multisig. Find the transaction ID here:

https://etherscan.io/tx/0x62be37561f338c04fb01d6c20e2adb4c00ec0df597383df8f58a17b8fe2b6fc1

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👾 Vesting Team Tokens

  • On November 5th, our team moved 2,875 JEM tokens from the team’s multisig to the team’s MetaMask wallet: 0x2B7Ce16cCf4C6011994EA6ba228B6D7728e3aA80.
  • We excluded 125 JEM, as that will count towards our November distribution.
  • We created 23 locks, with 125 JEMs each, for the next 23 months, respectively
  • View all 23 locks here:

https://team.finance/view-coin/0x21cf09BC065082478Dcc9ccB5fd215A978Dc8d86?name=JEM&symbol=JEM

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👾 Mining

  • Liquidity Mining Program 1 (LMP1):
    Ore Mining (125 JEM for 72 hours) and River Panning (2,375 for 362 days)— app.itchiro.com (http://app.itchiro.com/) was made live at around 3:30 pm on November 8th, 2020.

https://etherscan.io/tx/0x8694743ceee47e3020617885930054c56beb453b8abf3b15c9c37b1ff371aff7

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👾 Economics

  • On November 3rd we published our Economics Roadmap post:

https://itchirogames.medium.com/economics-roadmap-q4-2020-a5fc23eb6b60

  • Buyback! The first team buyback of $JEM tokens was completed on November 6th, 2020.
  • We bought 11.5 ETH worth of $JEM 💎 (about 20.539 tokens) into the dev team’s MetaMask wallet
  • The tokens were locked for 3 months, here’s the transaction ID of the purchase

https://etherscan.io/tx/0x0c5c8facdcb2e2035e3e77f8c6f4a25b3a3fe61001885aaec33342628df8a103

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👾 Airdrop Winners

  • We announced we will reward 3 random addresses with 15 JEM (5 JEM each), the minimum was to have 10 JEM on November 112th, 2020. Full Telegram announcement here:

Here are the winners:

  • 0x88e352bACcD2974F28055263a588d62C7b33C406
  • 0x8f87854e839CFA958ab816613606AF1895B1132e
  • 0x5c978dB2cBd63a2fCDcd40817C234ad7918dCF11

Congrats winners! 🥳🥳🥳

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👾 Trading

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👾 External Relations (PR/Marketing/Appearances)

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👾 Transparency

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New Business

🌽 CoinVille

  • Status: Unannounced
  • Here are some screenshots of the WIP this week.

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🇯🇵 Shinobi

  • Status: Shinobi beta release has been sent to the Google Play store and we’re waiting for them to validate and clear the game.

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🤖 Technology

  • Itchiro Games’ very own NFT marketplace to be released by end of the month.
  • Migrating itchiro.com to use Webpack instead of ParcelJS.
  • Continuous update to the mining UI are being made to make sure there aren’t any bugs, PM us on Telegram if you’re having issues.

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🤝 Partnerships

  • Upcoming partnership announcement with $FUD (https://dontrug.me/).
  • Upcoming partnership with badger.finance (they’re launching this week BTW).
  • Ongoing conversations with top 150 and top 300 projects (CoinGecko ranking-wise) to create a homestead in CoinVille.

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📈 Listings

  • The first listing in the next 48 hours.
  • A second listing with a top 20 exchange to happen over the next 2–4 weeks. Still can’t disclose who because of NDA.

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💬 Social Media

Below are some important links to keep you updated with everything we announce.

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Itchiro Games

DeFi Protocol for blockchain games. 100% community owned. 🎮