Chibi Dinos is a metaverse that combines basketball and dinosaurs, offering games like Primal Hoop and Primal Pick'em. Primal Hoop is an arcade basketball game with an RPG mode, while Primal Pick'em is a predictive play-to-earn game. These games provide interactive, competitive, and collectible experiences. Users have the power to influence and shape the lore and gameplay. The in-game currency, HOOP, can be used for purchasing merchandise, paying for events, and potentially for staking and governance purposes.

$HOOP is a BEP-20 governance token awarded to players in key tournaments and Legendary Chibi League games. It can be used to purchase rare gear and train Chibi Dinos at exclusive Chibi Boot Camps. Additionally, players can buy and sell Chibi Dinos using the HOOP token. HOOP token holders have the ability to stake their tokens and participate in ecosystem governance. This empowers the community to vote on game changes, such as tournament rules, gear drops, new lore and levels, brand collaborations, and the overall direction of the Chibi Dinos.

Chibi Dinos Hoop is a governance token that will be used throughout the Chibi Dinos metaverse. It was first launched to a limited investor base in July 2022 and is now available to the public.

What is the purpose of HOOP? HOOP's purpose is to give investors a voice and some high-level control over how the Chibi Dinos metaverse unfolds. In its initial incarnation, it will be used to make governance decisions for the P2E games, various media activations, new partnerships, guidance on the brand identity, reward structures, etc. HOOP can also be staked in various DeFi applications launched by Chibi Dinos in order to earn APR %. Additionally, HOOP is treated like gold in the Chibi Dinos metaverse, which is how high-end Chibi Dinos NFTs and assets are bought and sold.

HOOP is a governance token launched by parent company ChibiDinos Ltd. The co-founder of ChibiDinos Ltd is Sean Kelly, and the CEO is Jeremy Lindblad.

Who is Sean Kelly? Sean Kelly is an entrepreneur based in Las Vegas who has successfully run a number of startups. His first million-dollar business, Jersey Champs, sold basketball jerseys featuring rap artists and was wildly successful. He quickly moved into the NFT space, launching the Chibi Dinos NFT project, which sold out in under 18 minutes. He has continued to work alongside the Chibi Dinos project and has since built up an NFT marketing company called NFT Gorillas, which was acquired by Infinite World in 2022.

Who is Jeremy Lindblad? Jeremy Lindblad has extensive experience in business development and startup ventures. Most recently, he was the head of global business development at Lindblad Expeditions, where he expanded on their market offerings and engaged with National Geographic to create unique joint expeditions that were previously inaccessible to the public. He has also worked for Bloomberg Ventures, where he has developed long-standing relationships with some of the greatest investors of our time.

HOOP aims to balance governance and utility, which are the main value drivers for any in-game token.

From its inception, Chibi Dinos has sought to develop a rich set of utility and a way to democratically regulate the metaverse they're building. To that end, HOOP has been designed to provide investors with a way to vote on important issues that concern the Chibi Dinos metaverse, while also providing those holders with real value and a constantly growing utility. HOOP holders will have the opportunity to stake their tokens, use them to vote on decisions (such as rewards structures or additional game levels), unlock exclusive in-game content (like legendary league tournaments), be eligible for airdrops, and have access to real-world perks. Additionally, HOOP can be used to buy and sell luxury Chibi Dinos NFTs that cannot normally be purchased by the typical in-game reward currency in the Chibi Dinos metaverse.

There will be a total of 350 million HOOP tokens available in the entire Chibi Dinos ecosystem. As of the public launch in June 2022, there are [insert number] HOOP tokens in circulation. The tokens are released based on a vesting schedule, and the total tokens will not be completely unlocked until [insert date].

Chibi Dinos have taken extensive measures to audit and secure the HOOP token contract. The HOOP token has been independently audited by Hacken and has received a Well-secured status. This audit can be found on the Hacken front page: [insert link].

Chibi Dinos have partnered with a number of launchpads to provide access to their HOOP token. The partner launchpads for the HOOP token include: BlockPad, Ignition, GameStarter, and PancakeSwap.

New to crypto? Read our easy guide to buying Bitcoin and other cryptocurrencies."