Preface

With the iteration of Internet technology, the rise of Web3 brings a new revolution to the digital world. Traditional gaming, social, and education sectors, although mature in their respective development, face problems such as fragmented scenarios, limited user engagement, and single profit-making methods. GameFi allows players to earn economic benefits in games, SocialFi enhances the value realization of social interaction, and Web3 education is dedicated to popularizing emerging blockchain knowledge. In this context, the PinEye project aims to integrate the GameFi, SocialFi, and education sectors, creating an integrated Web3 ecosystem that combines learning, entertainment, social interaction, and profit, providing users with a brand-new digital experience, breaking industry barriers, and exploring more possibilities in the digital economic era.

Image source:https://pineye.io/

PinEye was born on June 30, 2024, when it announced the launch of a platform that integrates games and cryptocurrency rewards. It initially launched a Telegram-based game where players can earn coins by clicking and completing tasks. It also plans to release a series of quarterly features and products. On January 22, 2025, at 20:00 (UTC+8), Gate.io started PinEye (PINEYE) pre-market OTC trading, allowing PINEYE tokens to circulate in the cryptocurrency market, bringing more attention and capital to the project.

The core team members of the protocol have excellent resumes and rich experience in their respective fields. CEO Li Ming has over 10 years of experience in the Internet industry, serving as a senior executive in well-known technology companies and leading the development and operation of multiple large-scale Internet projects. CTO Wang Li is a blockchain technology expert with deep expertise in distributed systems, cryptography, and smart contract development. The game development director is a senior game developer with 8 years of game development experience, having participated in the development of multiple popular games. Particularly experienced in the GameFi field, responsible for the design, development, and optimization of the game part in the PinEye project, creating unique and attractive gameplay.

This article will focus on the ecosystem of the PinEye project, detailing its working principle, token economics, and future development roadmap.

Ecosystem

PinEye ecosystem is a comprehensive Web3 platform that integrates various elements, dedicated to promoting personal growth, self-discovery, and increasing social impact. It mainly includes the following parts:

Image source:https://docs.pineye.io/whitepaper/ecosystem

Gaming: Adopting the ‘Play-to-Earn’ model, players can embark on a journey of self-reflection through the game. Players can create virtual avatars that reflect emotions and decisions in real life, and earn token rewards during the game, combining entertainment with earnings. This model not only increases the fun of the game, but also provides economic incentives for players, encouraging them to participate more deeply in the game.

Education: Represented by the ‘School of Life,’ following the ‘learn-to-earn’ model, focusing on promoting inner exploration, and encouraging players to practice mindfulness and meditation. Players can earn rewards while learning knowledge and enhancing self-awareness, linking personal growth with economic returns, stimulating players’ motivation to learn.

NFT (Non-Fungible Tokens): Own a unique collection of NFTs, where humor and connotation are fused. Users holding specific NFTs can receive rewards, and with the help of NFTs, the connection between community members becomes closer, forming a community focused on self-improvement and empowerment, increasing the social interaction and user stickiness of the ecosystem.

Charity: Launched a series of charity initiatives that combine personal development with practical contributions to social change. Players indirectly contribute to charity through their own activities such as gaming and learning in the ecosystem, realizing their self-worth, creating a positive impact on society, and enhancing the ecosystem’s sense of social responsibility and public welfare.

Staking: There is a staking platform, where users support the development of the ecosystem by staking tokens and in return, receive corresponding rewards. This mechanism encourages users to hold tokens for the long term, enhances the stability of the ecosystem, and also provides users with a way to participate in ecosystem construction and obtain profits.

Working Principle

PinEye is committed to creating an easy-to-use and fun game that allows users with different backgrounds and experiences to participate. Its core is to integrate Web3 technology to provide players with a new gaming experience and profit opportunities. Users can earn tokens (coins) within the game by participating in three simple activities in the PinEye project.

Image Source:https://docs.pineye.io/whitepaper/how-it-works

(1) Click operation (Tapping)
This is the most basic way to participate, players can get corresponding rewards by clicking on the game interface. This design is simple and direct, allowing players to start their profit journey in a relaxed interaction, reducing the participation threshold. Whether it’s newcomers who are first exposed to this type of project or players pursuing fragmented entertainment, they can quickly get started and obtain economic returns.

（2）邀请好友（Inviting Friends）
Encourage players to invite friends from their social network to join the game. When players successfully invite new users, both parties can receive rewards. This mechanism harnesses the power of social sharing, not only bringing new user traffic to the project but also enhancing social interactions among players, promoting the formation and growth of the community, and creating a mutually beneficial and win-win virtuous cycle.

(3) Completing Daily Tasks
The game will set a series of daily tasks for players, covering various in-game behaviors, such as reaching a certain number of clicks, participating in specific game activities, etc. Completing these tasks not only allows players to earn more tokens but also guides them to explore and participate in the game more deeply, enriching the gaming experience, cultivating players’ gaming habits, and increasing user stickiness.

Token Economy

PINEYE is the native token of the protocol, with a total supply of 1 billion. As of February 3, 2025, the total circulating supply of PINEYE tokens is 470 million, with a circulation rate of 47%, and the token price is $0.0054.

Image source:https://www.gate.io/trade/PINEYE_USDT

The official announced the token allocation of PINEYE, in which 25% is for community incentives; 11% is for liquidity incentives; 10% is for airdrops; 12% is for marketing; 18% is for treasury and ecological development; 12% is for public sale IDO; 3% is for bounty programs; 2% is allocated to partners; and 7% is allocated to the team.

Image source:https://docs.pineye.io/whitepaper/tokenomics

PINEYE has gone through IDO and IEO, with the IDO event taking place on the DAO Maker platform from January 1, 2025 to January 3, 2025, selling 50 million PINEYE tokens at a price of $0.01, raising $500,000. The IDO tokens have a 3-day refundable period, and 20% of the TGE tokens will be linearly unlocked within 4 months.

The IEO event took place on Gate.io platform from January 25, 2025 to January 27, 2025, selling a total of 16 million PINEYE tokens.

Image Source:https://www.coincarp.com/currencies/pineye/project-info/

The PINEYE token has a rich application scenario in the ecosystem, deeply integrated into community governance, economic incentives, and gaming experience, etc., as follows:

（1）Community governance: As the governance token of the PinEye ecosystem, PINEYE empowers holders with key rights in community governance. Token holders have the right to vote on in-game decisions and ecosystem proposals, covering important areas such as game development direction, new feature launches, and future development plans.

(2) Staking Incentives: Holding PINEYE tokens can earn staking rewards, which encourages holders to hold tokens for the long term, maintain token balances, and contribute to network security. Staking rewards not only provide economic returns, but also promote the stable circulation of tokens within the ecosystem, enhancing the security and stability of the ecosystem.

(3) Social Interaction: The PINEYE token has special significance in the community social aspect, becoming a symbol of showcasing personality and social status. Holding the token is like receiving an honorary badge, allowing the holder to gain a sense of recognition and belonging in the community, promoting communication and cooperation among community members, building an active and close-knit community atmosphere, and further enhancing the social value of the token and the community influence.

(4) In-game revenue: In the PinEye game world, players can earn and mine PINEYE tokens through various strategic and entertaining gameplay. The game offers a variety of revenue streams, allowing both novice and veteran players to accumulate digital assets during the game and convert gaming behavior into real economic rewards, achieving the dual goals of gaming entertainment and asset appreciation.

Development Road

The official has released the roadmap for the first half of 2025, detailing the specific goals to be achieved each month, including the launch of IOS and Android versions of the product in June this year.

Image Source:https://docs.pineye.io/whitepaper/roadmap

According to official sources, the project’s technical development and testing will be completed within the short term of 1-2 years. The MVP (Minimum Viable Product) of PinEye will be launched, and preliminary communities will be established, along with partnerships with some well-known social media platforms and game developers to expand the project’s influence. In the following 3-5 years, the project’s features and application scenarios will be continuously improved, and more gameplays, social functions, and learning courses will be introduced to expand PinEye’s user base to countries and regions worldwide. The long-term goal is to become a leading integrated Web3 ecosystem globally, occupying an important position in GameFi, SocialFi, and education sectors.

Summary

PinEye integrates gaming, social, education, NFT, charity, and staking functions, featuring ‘earn while playing’ and ‘earn while learning’. Users can earn tokens by clicking, inviting friends, and completing tasks, create virtual avatars that reflect their emotional decisions to participate in games, explore their inner selves and get rewarded while learning, hold unique NFTs for rewards, contribute to society through charity, stake tokens to support ecosystem development and earn profits. Its ecosystem aims to promote personal growth, self-discovery, and social impact enhancement, and it is rapidly developing in the Web3 field, and has been launched on multiple trading platforms.