The Official ID Planet Q&A

1. What is the ID Planet?

A: The ID Planet is a Web3 Layer 1 EVM Blockchain and Metaverse Hub. It is currently the first and only complete Web3.0 Game Ecosystem Platform.

2. What is the core competitiveness of the ID Planet?

A: The core competitiveness of the ID Planet lies in its rich ecosystem, which lays a solid foundation for the sustainable development of the overall business and the long-term stable development of value:

The ID Planet's ecosystem includes, but is not limited to,

① A professional game development team,

② Web3 Game Layer 1 EVM Blockchain

③ Decentralized Multi-chain Wallet

④ Game Publishing Support

⑤ Centralized Smart Contract Exchange

⑥ Decentralized Exchange,

⑦ NFT Marketplace

⑧ SocialFi platform (All features are already completed.)

⓽ We have over 200 large mobile games and PC games.

3. What is the value of ID Planet

① The consensus value formed by a strong fan base.

② The rich ecosystem creates value for sustainable development.

③ The supply-demand value formed by the continuous deflation of ID assets.

④ The development of over 200 high-quality games in-house.


⑥ Providing a game publishing platform for game developers.

4. What is the Tokenomic Value of the ID Planet?

A: The ID Planet ID Token is a functional token that circulates on the blockchain. The ID Token has a total supply of 7.8 billion, with 20 million for the earliest circulation. 90% of the ID Token must be mined by mining machines, and the remaining balance is 10% (780 million).

5. Does the ID Planet have solid financial and institutional backing?

A: The ID Planet has secured strong financial backing, raising $35 million in Series A funding in December 2023 led by the US LAM Group, followed by an $80 million Series B round in July 2024 with investments from notable institutions such as Blackstone Capital, NEA, Sequoia Capital, Greylock, Accel, KPCB, and Battery.

6. Is the underlying technology of the ID Planet reliable?

A:. Yes. The ID Planet has very strong technical capabilities, with more than 200 game development, blockchain development, contract development, and exchange development team members located in Silicon Valley, USA, Singapore, Japan, South Korea, and Vietnam, with rich experience in public chain development, large-scale game development, and various contract system development.

7. What is the development plan of the ID Planet?

A:. The development plan of the ID Planet includes the following stages:

The Preparation Stage (11.2021 to 12.2023): Focused on product and technology development, completion of the Web3 game ecosystem application foundation, and securing $35 million in Series A funding.

The First Stage (09.2024 to 09.2024): Building a global game community of 10,000 and reaching over 300,000 token holding addresses.

The Second Stage (09.2024 to 10.2024): Swapping the ID Token to the IDC20 blockchain and listing on major global exchanges such as Bybit, Kucoin, Bithumb, Coinone, and OKx. (The listing team is currently focused on listing on the Binance exchange.)

The Third Stage (10.2024 to 06.2025): Launching the global "Play-to-Earn" game model and reaching a game user base of over 3 million by the end of 2024.

The Fourth Stage (12.2024 to 06.2025): Launching a comprehensive range of ecosystem applications, with more projects within the ecosystem initiating community building efforts.

The Fifth Stage (06.2025 to 12.2025): Maturation of the ecosystem, including the automated development of the IDC20 EVM Blockchain.

8. ID Planet Progress Timeline

02.2024: Dapp Node Mining in 9 countries, with a target of over 300,000 token holders

03.23.2024: Launch Global Mining

04.2024: "Supreme Legend" internal testing

05.2024: Game full internal testing

06.2024: Decentralized ID wallet internal testing

07.2024: IDC20 Blockchain Public sharing

08.2024: Launch ID friends entertainment social APP, Launch Cool Gods Web3 Game Ecosystem

09.2024: ID Token swap to ID Coin IDC20 Blockchain, listing on major global exchanges such as Bybit, Kucoin, Bithumb, Coinone, OKx and others.

09.2024: Launch ID PLANETXC Centralized Contract Exchange

10.2024: Launch Global "Play-To-Earn" gaming model, Launch ID SWAP Decentralized Exchange

11.2024: Launch ID NFT trading platform

12.2024: Reach a global target of over 3 million game users

01.2025: Launch Blind box, NFT, Quantum mining, Blockchain

02.2025: Launch multi-game, multi-ecosystem "Play-To-Earn" and applications

03.2025: Global Marketing & Promotion

05.2025: IDC20 Blockchain undergoes Automated Ecosystem Development

9.What can you benefit from the ID Planet?

A: The benefits are the income from ID asset quantity and the appreciation of ID assets.

10. Can the ID used for Mining machine be redeemed?

A: The ID used for mining will be 100% burned. The mining machine will mine 3 times the amount of ID used.

11. What is the logic behind the increase in ID price?

① Deflationary mechanism - The ID used for mining is 100% burned. This reduces the amount of ID circulating in the market. This creates a strong demand for mining, which causes the ID price to go up.

② The demand for ID Token across the entire ecosystem drives the price to go up.

③ Capital + Bull Market + 90% Reduction in supply + Demand for ecosystem value: These factors drive the price to continually increase.

12. How to reinvest ID Token mined by Mining Machine?

A: Each wallet address user can have multiple cloud mining order contracts at the same time. Users can "increase" the order limit at any time to increase their daily mining output; they can also "renew" the expiring order to continue the cloud mining.

① If the mined ID amount is more than 50% of the Remaining Computing Power, select “Increase”.

The increased ID Token Quantity must be greater than or equal the previous staking amount.

After “Increase”, a new mining order will be generated. The Total Computing Power will update to : The Remaining Computing Power + The Total Computing Power of the New Order.

② If the mined ID amount is less than 50% of the total computing power, select "Renewal".

The renewed ID quantity must be greater than or equal to the staking amount of the previous order. After "Renewal", both orders will simultaneously generate computing power. The total computing power will update to: The remaining Computing Power + The Total Computing Power of the “New Order.

13. How to reinvest early Node Mining Machines?


A. In the node computing power mining machine, select "Renew", and each renewal can only use 10,000 ID equivalent USDT for renewal, enjoying a daily return of 0.8%.

14. How often does the ID price increase, and what is the basis for the increase?

① The official ID price increases every 5 days. You can follow our official Twitter to keep up with the dynamics. https://twitter.com/idplanet_world

② We aims to better drive and promote community building and development.

③There is an imbalance between ID supply and demand, as the market demand far exceeds the daily output.

④ We aim to control the rate of price increase to the maximum extent, as this is also a requirement for community building. Without such control, the price would likely have already increased to very high levels, possibly exceeding $1.

15. When will the ID price have a explosive increase?


A: From September to October, we will list on few centralized exchanges, where the secondary market will lead to price increases. Starting from October, as the game mining is introduced and the game ecosystem is developed, this will be a stage of continued increases in ID price. Based on the timeline, this period of sustained ID price increases is expected to be from October 2024 to December 2025.

16. Is the mining machine participation in a gold standard or a token standard?


A: The Mining Machine is based on cryptocurrency. The earlier you participate, the lower the ID unit price and the higher the profit multiple.

17. How many wallet addresses have been completed so far?


A: As of June 30th, the total number of mining machine users has exceeded 200,000.

18. What is Cool Gods game?


A: Cool Gods is a AAA-level 3D third-person view 5v5 Web3 multiplayer online game based, similar to the gameplay of Mobile Legends

19. When did the ID Planet project start?


A: The ID Planet project was officially launched in November 2021, with capital investment and technology development of games and a series of ecosystem DAPP. By the end of 2023, Our Web3 Blockchain game ecosystem and DAPP was completed. The global promotion of the game community was officially launched in early 2024.

20. What total funding has the ID Planet project received from product development to market launch?

① During the product development process, the ID Planet game technology company AccelByte received $10 million in funding in 2021, and $60 million in funding in May 2022 (with participation from Softbank and NetEase).

② In January 2024 when launching the market, the project received a Series A funding of $35 million (led by the US Lam Group, with multiple capital investors).

③In July 2024, the project received a Series B investment of $80 million.

21. How to verify the authenticity of the financing?

A: You can verify the authenticity through official channels or major authoritative news media.

① Tianyancha: ID Planet LLC, ID Planet Ltd, Accelbyte Check <Financing Information>; NetEase Capital, SoftBank Vision Fund II <Financing News> can be found in the financing of AccelByte

② SoftBank official website, public financing information for AccelByte.

22. How to prove that the “Mining “Machine is an initiative launched by the official ID Planet team through their token-holding addresses?

A: Visit our ID Planet official website at www.idplanet.io, go to the DAPP section, and you can access our mining machine ecosystem. Participate in mining the ID tokens and earn rewards.

23. What should new users pay attention to when registering and binding an ID Planet Wallet?

A: Before registering as an ID Planet user, please create a brand new digital wallet. Using an old wallet may increase security risks, so ensure you use a strong password and securely store the wallet's recovery phrase and private key. Do not share this information with anyone, as it could lead to asset loss.

24. What should you pay attention to when depositing funds into your ID Planet account?

① Always access ID Planet through the official channels or verified sources.

② When depositing ID assets or USDT, before entering your password, save a screenshot or record of the miner's fee payment interface. This serves as proof of the transaction, and is also an important basis for inquiring and resolving any deposit issues should they arise. Ensure the screenshot clearly shows the transaction hash, amount, date and time, and other necessary transaction details.

③ If the deposit of ID assets takes more than 5 minutes to arrive, please promptly contact our online customer service.

25. Why can't I log into ID Planet sometimes?

A: Internet conditions in different regions can cause login issues. Check your internet and try a different internet, then retry logging in.

26. How often is the ID Token burn info updated?

A: The ID Token burn is updated every 7 days. You can follow the official Twitter account https://twitter.com/idplanet_world

27. Regarding the issue of ID Test Token issuance

① The ID test tokens will not be reissued. When the ID Coin IDC20 Blockchain is launched, all ID Token will be 100% exchanged to ID Coin.

② The blockchain is publicly transparent, and any additional Token issuance can be discovered by the market at any time. This would lead to a failure of consensus. We will not choose to do this, as it would undermine trust in the system.

28. Explanation of the sustainable mining mechanism for the ID Token.

A: The ID Token is the primary functional token of the ID Platform, with a total supply of 7.8 billion Tokens. 90%, or 7.02 billion tokens, are mined through the staking of mining machines, following a 3x mining rule. The total accumulative ID Tokens that can be staked is 2.34 billion. Once the staked mining machine tokens reach 2.34 billion (i.e. 2.34 billion ID tokens have been burned), the IDC ecosystem project mining will be immediately initiated, continuously driving the staking and burning of ID tokens until 90% (7.02 billion) have been burned.

The ID Planet has 7 major ecosystem components that enable widespread application and staking/mining of the ID Token. In the gaming sector alone, there are over 200 games that allow the use of the ID Token or the conversion to mined ID to in-game assets.

29. What are the future plans for the ID Token after all the mining is complete?

A: The following are application scenarios for ID assets:

① Listing on global Top Centralized Exchanges: The ID assets will be traded on the world's leading centralized exchanges. Through the capital and secondary market enthusiasm, the coin value will continue to be driven up. This will help increase the visibility and market acceptance of the ID assets.

② Infinitar, a major game: Infinitar uses a dual-token business model, where players can acquire the Infinitar Token (IGT) through recharging or staking ID. Players can then use the IGT to participate in the game's tasks, battles, and other activities to earn NFTs or in-game currencies, realizing the GameFi economic model.

③ COOL GODS, a major game: In the future, COOL GODS will also allow the use of ID staking or exchange to participate in the game's ecosystem building and economy.

④ Ecosystem fee payments: The ID assets can be used to offset the transaction fees on the ID Planet's decentralized and centralized contract exchanges.

⑤ Ecosystem applications: Other ecosystem applications on the ID Planet will also extensively utilize the ID assets, helping to enrich the application scenarios and increase its value.

⑥ Support for large game projects: Other game developers launching major projects on the ID public chain will require users to recharge ID to obtain the game's native tokens. This will help expand the application scope and market demand for the ID assets.

⑦ Future ecosystem expansion: As the ID Planet continues to evolve, more ecosystem applications will be added to further expand the reach and influence of the ID assets.

30. Information of the ID test token swap to the ID Coin IDC20 EVM Blockchain.

A: The ID test tokens were issued on the BSC network to build a token-holding address, establish community consensus, and test the related ecosystem. The acquired ID test tokens can be quickly exchanged for USDT or traded and transferred between other people.

When our ID Coin goes live, non-staked ID test token can be swap to ID Coin at 1:1 Ratio. For staked ID Token, the ID token mined by Mining Machine can be swap to ID Coin.