what's Ponziland?
Ponziland is a fully onchain GameFi project built on blockchain technology, where players buy, sell, and manage virtual land parcels through a unique auction and taxation system. The core mechanic revolves around continuous value assessment, where owners set prices for their land and pay taxes based on that valuation, creating a dynamic market driven by real-time discovery rather than fixed oracles or floor prices. This introduces risk and strategy, as underpricing invites sniping by others, while overpricing leads to tax burdens, embodying Harberger tax principles for efficient resource allocation. The project integrates autonomous agents that act as players, dynamically managing resources and participating in the ecosystem without human intervention. This adds layers of unpredictability and competition, as agents can outmaneuver human players in bidding and ownership. Built for scalability on networks like Polygon, Ponziland emphasizes brutal market forces and pure economic simulation, fostering emergent behaviors in a decentralized virtual economy.
Ponziland uses a Harberger tax mechanism for its incentive and yield loop design.
Uses a Harberger tax mechanism as part of its incentive and yield loop design.
A new swap function has been added to the platform.
Gaming dApp launching on Starknet in April 2024 as part of coordinated ecosystem release.