Abstract
ReCode is a live, operational token-farming game and protocol on Solana that merges gaming, token utility, and DeFi mechanics into a single, automated ecosystem.
Originally derugged and revived by @riddicktravels, ReCode was rebuilt from the ground up as part of a broader effort to restore trust and innovation within the Solana gaming space. The owner has a longstanding reputation for successfully derugging and rebuilding major Web3 projects, including The Seven Seas, Trippin’ Ape Tribe, Shredded Apes: Gym Club, and MyTrainingApps.
Following a successful Season 1 powered by $WATT, ReCode now enters Season 2, operating entirely on $ME, and launching November 21 2025. Players spend $ME to open OG-Solana Project themed GPU Crates with randomized rarity drops, recycle GPUs with a 20% upgrade success rate, and compete to build high-hash-power Data Centres that determine daily emission rewards.
This proposal requests a Magic Eden Grant to fund the initial Game Supply for Season 2 — scaling user adoption while introducing sustained on-chain $ME burns and real market demand for the Magic Eden token. All operations — emissions, spending, claiming, and burning — are fully automated through smart contracts. Grant funds will be held in a multi-sig treasury, released in tiered increments aligned with player growth.
Image: Game UI - Season 2 Concept Design.
Motivation
ReCode demonstrates how token gamification and sustainable economics can merge to create real, measurable utility. After its successful revival, the platform maintains over 2,000 active players, each averaging roughly 50 crate openings per day.
Season 2 presents Magic Eden with an opportunity to:
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Establish $ME as a flagship gaming utility token within the Solana ecosystem.
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Create continuous $ME burn mechanics through gameplay and upgrades.
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Showcase Magic Eden’s leadership in blockchain gaming and tokenized economies.
As ReCode scales toward 10,000+ players, every interaction strengthens $ME’s velocity, visibility, and deflationary pressure — turning this grant into a self-sustaining promotional and economic loop for Magic Eden.
Specification
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Season 1: Live and operational on $WATT — proven, audited game foundation.
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Season 2: Powered by $ME; themed “A Tribute to the OG Projects on Solana.” Launch Nov 21 2025.
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Season 3 Onwards: Multi-token expansion introducing $JUP, $BONK, $MET, and other Solana ecosystem tokens — each with its own themed GPU Crate Season.
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Advancement requires achieving specific Data Centre levels and Hash Power thresholds in earlier seasons, ensuring progressive, cross-season retention.
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$ME maintains ongoing relevance even in future seasons as players revisit previous tiers for upgrades, sustaining token burns and circulation.
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Crate Price: 1 $ME per crate.
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Economy Split:
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5% Referrals
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5% Developers
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5% Owner (for continued development)
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75% Recycled into Game Supply
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10% Burned automatically
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Governance: Multi-Sig Treasury managing phased injections of $ME into the Game Supply smart contract.
Objectives
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Fund ReCode’s initial Season 2 Game Supply in $ME.
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Establish $ME as a long-term gaming utility and burn token.
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Grow the player base from 2,000 → 10,000+ through referral and community growth.
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Demonstrate Magic Eden-integrated gaming utility on Solana.
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Build a scalable multi-season farming protocol for future tokens.
Implementation Plan
Phase 1 – Initialization (Month 1)
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Deploy $ME Season 2 GPU Crates on Nov 21 2025.
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Establish multi-sig treasury.
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Seed the initial $ME Game Supply (Tier 1).
Phase 2 – Expansion (Months 2–4)
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Scale Game Supply as player numbers increase.
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Execute referral-driven onboarding and social campaigns.
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Publish weekly reports detailing $ME burns, crate openings, and emission rates.
Phase 3 – Sustain (Months 5–12)
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Maintain equilibrium between emissions and player growth.
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Provide public dashboards tracking $ME burns and circulation.
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Develop and test Season 3 multi-token modules, ensuring $ME remains the benchmark model for future integrations.
Benefits / Risks
Benefits
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Proven operational foundation (Season 1 live and performing).
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Immediate, verifiable on-chain $ME burns.
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Positions $ME as Solana’s flagship gaming token.
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Transparent, automated, and community-scalable architecture.
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Supported by a founder with a track record of rebuilding and delivering successful Solana projects.
Risks & Mitigations
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Oversupply Risk: Tiered funding maintains balance between user count and rewards.
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Governance Risk: Multi-sig treasury ensures transparency and Security.
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Adoption Risk: Referral-driven campaigns and cross-community integration drive organic user growth and long-term engagement.
Outcomes
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Transparent tracking of $ME burns, emissions, and crate volume.
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Thousands of new users onboarded into Magic Eden through ReCode’s gameplay.
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$ME established as Solana’s leading gaming utility and deflationary token.
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Foundation laid for a multi-season token-farming protocol that keeps $ME as the anchor and standard for future token integrations.
Cost Summary
Total Request: $20,000 USD equivalent in $ME.
Purpose:
To fund the initial and ongoing Game Supply for Season 2, ensuring liquidity, scalability, and sustained player engagement while directly fueling $ME burns through in-game mechanisms.
Allocation Model:
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100% of Grant Funds → Allocated to in-game supply emissions and player incentives.
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No team salaries, marketing, or development expenses are included; ReCode is fully operational and revenue-sustained through player activity.
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Funds released in tiered phases based on verified KPIs, including:
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Active player growth milestones.
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Total $ME spent in-game.
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Total $ME burned through crate purchases and upgrades.
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All releases will be managed through a multi-sig treasury (ReCode + Magic Eden representatives).
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A public on-chain dashboard will display progress on KPIs, $ME flow, and emission data in real time.
This ensures every $ME distributed is directly tied to measurable community engagement, token velocity, and ecosystem expansion.
Closing Statement
ReCode is a living, expanding economic engine that unites play, yield, and community across Solana. After being derugged and rebuilt by @riddicktravels, ReCode stands as proof that innovation and trust can thrive again in Web3 gaming.
Funding this Magic Eden Grant will ignite the first large-scale token-farming utility built around $ME, driving continuous burns, real market demand, and ecosystem engagement starting November 21 2025.
With a live operational game, transparent governance, and a trusted founder with a proven record of rebuilding and executing successful Solana projects, ReCode offers a low-risk, high-impact opportunity to showcase $ME’s potential and expand Magic Eden’s leadership in blockchain gaming.
