HiLoGram Whitepaper

1. Overview of the Project

HiLoGram is a Bitcoin price prediction game built for the Telegram platform. Players can predict whether the price of Bitcoin will go higher or lower within the next 60 seconds compared to the current price. The game is designed to be fast-paced and engaging, allowing users to continuously participate without being limited to one-minute candles.

2. Game Token

Token Name: HiLo

Total Supply: 1,000,000,000 HiLo tokens

Token Distribution:

3. How to Play

Players interact with the HiLoGramBot on Telegram to participate in the game. The gameplay flow is as follows:

  1. Entry: Users interact with the HiLoGramBot on Telegram.
  2. Registration: New players register by choosing a username and accepting the terms and conditions.
  3. Account Funding: Players top up their accounts using HiLo tokens.
  4. Placing a Bet: Players choose an amount to wager.
  5. Prediction: Players predict if Bitcoin's price will go higher or lower.
  6. Wait for Outcome: Players wait 60 seconds for the price to be recalculated.
  7. Result Announcement: The system calculates the outcome and distributes rewards based on the player's prediction.

4. Game Rules

4.1 Bet Timing

Players can place bets at any time. The result will be calculated based on the Bitcoin price 60 seconds after the bet is placed.

4.2 Volatility and Multipliers

Volatility is calculated using the highest and lowest points over the last 10 price updates (10 minutes). Multipliers are applied based on volatility:

4.3 Fees and Payouts

A 5% fee is deducted from every bet. The payout formula is: (Bet Amount * Multiplier) - Fee. If a player loses, the entire bet (minus the fee) is forfeited.

5. Affiliate Marketing System

Players can refer friends and earn rewards based on the following structure:

Affiliate rewards are calculated and distributed weekly.

6. Leaderboard and Player Rewards

A weekly leaderboard ranks the top players based on total winnings. The top 10 players receive prizes:

7. Additional Features

7.1 Daily Challenges

Each day, a new challenge is announced (e.g., most consecutive wins), with special rewards for the winner.

7.2 Player Level System

Players progress through levels based on their number of games played:

Each level provides special perks like lower fees or higher multipliers.

7.3 Demo Mode

New players are provided with 100 virtual HiLo tokens to play 10 trial games before using real tokens.

8. Security and Transparency

9. Game Limits

10. Customer Support and Dispute Resolution

A ticketing system ensures user issues are addressed within 24 hours.

11. Tokenomics

11.1 Fundraising Strategy

HiLo tokens will be made available in an initial token offering (ITO), allowing early investors and players to buy into the ecosystem.

11.2 Vesting Schedule

Tokens allocated to the team and advisors are subject to a vesting period of a 12-month cliff, followed by a 24-month linear release.

11.3 Staking Mechanism

Players can stake HiLo tokens to earn rewards, helping maintain liquidity and encouraging long-term participation. Staking pools offer an annual percentage yield (APY) based on the amount staked and lock-in duration.

11.4 Burn Mechanism

A portion of tokens collected from fees will be burned periodically to reduce the total supply and increase scarcity, driving token value.

12. Roadmap

13. Conclusion

HiLoGram aims to create a dynamic and engaging price prediction game leveraging blockchain technology. With a well-structured token economy and innovative features, it has the potential to attract a large user base, providing both entertainment and opportunities for players to earn meaningful rewards.