Lawyer Evaluation: Explosive Carter World How about legal compliance?

Mondo Finance Updated on 2024-03-06

Risk Warning:

The relevant information and news information in this article are from public information on the InternetIt does not represent my specific legal advice and investment adviceIt is only for relevant practitioners to exchange, discuss and learn for reference.

Introduction:

Recently, I saw a blockchain game called Carter World, the platform will be launched in late February 2024, and although it has only been online for about ten days, it seems that the market is still hot. Of course, Lawyer Shao, who has been diving in the chain swimming circle, can't miss it, so he quickly experienced a wave of APP.

01 How to play

This is a simulation management game, taking the introductory gameplay in the game as an example, the user first needs to have chickens, nail rakes, bread, etc., the different chains of these props, the corresponding outputs are: eggs, wheat, wood, iron. Combine them ** to get Ka Bean, which can buy chickens, nail rakes, and bread. You can also redeem card bean points and other points to play mini-games on the platform.

There are 3 main ways to play the platform.

The first is the ** Buddha system of play:For example, chickens lay eggs, look for buyers in the market's market, or hang on the market. In addition, the platform also has a page for the card bean market, where you can buy and sell card beans. After March 1st, it will be impossible to buy initial props chickens, nail rakes, bread, etc. on the platform, and you need to add the *** private c to c purchase of material merchants on the platform. For example, 10 chicks cost 110 yuan, and you can lay one egg a day, one egg = one calorie bean, and the current card bean is 11 yuan, then a month = 30 calorie beans = 33 yuan, in addition, chickens can be subcontracted out at any time to get 80 calorie beans, the conclusion is, if you cast 10 chickens, a month back (including subcontracting), a month after is a profit, do not raise you can click on the subcontract in the platform to get off. The second is to play staking:Pledge 10,000 card beans to become a merchant, the user card bean transaction fee is 5%, the merchant is 2%, and the merchant earns the user card bean handling fee 5%-2%=3% handling fee, and the merchant has no handling fee for card beans, such as business ** to 100 card beans, you can make a profit of 3 card beans. The third is to become a platform**:The following is an introduction to the gameplay described by the platform, in short, to become, you can lie down and earn subordinate income.

The economic internal circulation of the whole game is shown in the figure

03 Compliance assessment1. The main body of the company

According to the platform user agreement, Carter World is developed by Hubei Yuanben Digital Technology, but according to the public information retrieval of Qichacha, there is no company with the same name. Therefore, the company's user agreement here should be a clerical error. Combined with its filing information, it can be inferred that the Carter World Department is affiliated with Hubei Yuanben Space Technology

According to the company's official introduction, the company was established in Yuanben (Hong Kong)** and did not find a company consistent with the name, which should refer to Yuanben Space (Hong Kong)**

Game version number

According to the content of the platform's "User Agreement", the project team describes the services provided by the platform to users as digital collections, but it is clear that this is a game platform for simulated operations, not a digital collection platform.

The game platform needs to obtain a game version number to operate in China, and after searching, Carter World has not obtained a game version number.

3. Qualifications related to digital collections

According to public information reports, this is a metaverse farm application under the metaverse space, and the game is equipped with the platform's self-built underlying blockchain infrastructure "metaverse chain". As a "digital collection game", the platform not only needs to obtain the game version number, but also obtain the relevant qualifications of the digital collection platform, such as ICP certificate, EDI certificate, network culture business license, etc., and carry out blockchain filing. After inquiry, Hubei Yuanben Space Technology has obtained ICP certificate, EDI certificate and blockchain information service filing.

After inquiry, the specific situation of Hubei Yuanben Space Science and Technology Qualification Application is as follows:

Blockchain information service filing of the Yuanben Space Digital Collection Platform.

4. Economic model

Blockchain games focus on "making money while playing", which determines that players who enter the market are more impetuous in their mentality, and they want to enter quickly, play equipment, and sell for cash. Therefore, designing a scientific economic model to delay the departure time of players is a matter of great concern to every chain game platform.

The picture below is the introduction of the game mechanics of the "Carter World Official Website" (the overall page of the webpage does not feel like the official website, it should be the page of the game's development), which mentions that the Carter World isThe only one that hasLock-upMechanism of chain games

Generally, the process of a chain game from birth to death is: with the advancement of time, the number of users entering the game increases, the ** of the token is pushed higher and higher, and the greater the pressure to undertake in the later stage, the more users and more admission funds are needed to participate in the game, in order to control the price of the currency. And once the old players sell their tokens, causing panic in the market, the growth rate of new players entering the market will decrease, the demand for tokens will decrease, and eventually, the game will fall into a death spiral and end of life.

So how should this problem be solved? The analysis in the figure mentions that the "lock-up mechanism" in the Caterpillar World platform can make the bubble controllable, and the analysis seems to have some truth. But the bug is that "when there is a lock-up mechanism, if you don't sell, you don't need to undertake", what is the player playing the game for? What is the purpose of lock-up? It's to get more tokens. Lock-up itself is the purpose of depositing coins to earn interest, and in the later stages of the game, players will still sell tokens to obtain income, referred to as mining, withdrawal, and selling. Therefore, the lock-up mechanism cannot play a role in extending the life cycle of the game, but may make the later mines bigger.

5. Reverse conversion of game currency

In the marketplace interface of the platform, game tokens such as card beans can be exchanged with other props, and in the cart market, players can post information about card beans for purchase, or they can sell card beans on consignment.

Whether the digital collection platform can open the second level is still in a gray area. Although there are no explicit regulations on whether blockchain game platforms can open a secondary consignment market in China, the relevant laws and regulations of the Game Law have clear provisions and can be applied to blockchain game platforms as well.

In the Notice on Strengthening the Administration of Virtual Currency in Online Games, the Interim Measures for the Administration of Online Games, and the Guidelines for the Supervision and Enforcement of Virtual Currency in Online Games, there are relevant provisions that virtual currency in online games shall not be reversed into RMB, and game currency can only be used for the consumption of virtual services operated by the issuer, and shall not be used to pay, purchase physical objects or exchange products and services of other enterprises. Except in the case of termination of the game operation, the game currency cannot be exchanged for fiat currency.

6. Gambling risks

Consume card bean points to participate in the probability gameplay in the game, such as the "hostage rescue" mini game, where users open a door and have a probability of getting different amounts of card bean points or nothing.

There is no illegality in the game setting probability gameplay, but according to the rules of the platform, card beans and card bean points can be exchanged for each other, and card beans can be directly sold for cash, which meets the three requirements of gambling: paid investment - random play - cash output (game gambling-related articles can be found in "Blockchain Games That Make Money While Playing, How to Avoid Gambling").

03 Conclusion

In the context of the current lukewarm development of domestic chain games, it is not easy for the first wave of chain game platforms to be launched in China at the beginning of 2024 to gain great attention as soon as it was launched in February 2024.

In addition, according to public information, Carter World is one of the ecology of the meta-chain, and there are also Xingyue Island, Blue Box, Red Box, Card Cat, etc. As a popular digital collection platform in the past, the project launched this time, Carter World, is also the transformation of its digital collection chain game.

It can be seen that domestic entrepreneurs are still exploring how blockchain games can be developed in China and how to transform digital collections. It is undeniable that from the perspective of compliance, there are indeed many problems on the platform, but this is not caused by the entrepreneurs themselves, and the country's laws and regulations also need to be improved urgently.

As Wang Jiangping, Vice Minister of the Ministry of Industry and Information Technology, pointed out when attending the Boao Forum for Asia Annual Conference 2023 in Hainan, in the early stage of developing the digital economy, we must uphold a prudent and inclusive attitude, and would rather "let the bullets fly" when it is not clear to see.

This shows the country's tolerant attitude towards new technologies and new fields, and we will see how far blockchain games can develop in China in the future.

Lawyer Shao Shiwei

Shanghai Mankun Law Firm, Senior Lawyer.

Lawyer Shao Shiwei holds a master's degree in law from East China University of Political Science and Law, and has been practicing law for 7 yearsHandleLitigation and non-litigation casesMore than 300 piecesHe has a solid foundation in legal theory and practical experience in handling cases.

WasDozens of corporate legal counselHe has provided legal services for a number of Internet companies and blockchain companies at home and abroad, such as chain game platforms, metaverse social platforms, and e-commerce trading platforms, and has conducted in-depth research on digital asset protection, data cross-border, platform operation compliance, information protection, etc.

He is good at building a corporate compliance system based on the company's own business needs, combined with industry regulatory regulations, improving the company's internal governance structure, and being able to effectively meet or achieve the customer's business objectives, complete projects and conclude transactions on the basis of compliance to the greatest extent.

Main business areas:

Data Crime and Data Compliance Governance

Information network crimes, Internet black and gray industry crimes

Criminal defense involving blockchain and currency circle

Prevention, control and defense of high-incidence crime risks in enterprises

Typical cases

*In the case of a digital collection platform legal person suspected of fraud, the lawyer submitted a legal opinion of more than 10,000 words, communicated with the public security prosecutor for many times, and proposed the business behavior of the platform and the partiesThe not-guilty defense opinion was finally adopted by the judicial organsAfter 4 months of the legal person, the public security withdrew the case;

*A loan company was suspected of infringing on citizens' personal information, and was communicated and written by the prosecutor in chargeTens of thousands of words of legal opinions,The procuratorate finally returned the case to the policeThe case was withdrawncase

* In the case of a technology company legal person suspected of aiding information network criminal activities, the lawyer met to inquire about the case and investigate and collect evidence, and submitted it to the prosecutor in chargeThe evidence in this case is insufficient, and the parties do not constitute a crimeand other defense opinions, the procuratorate made a decision not to approve the arrest within 37 days, and finally withdrew the case;

* A case of a company legal person suspected of being false, combined with the criminal circumstances of the enterprise involved, the attitude of admitting guilt, and the return of stolen goodsAccording to the spirit of "fewer arrests, cautious prosecution, and cautious detention"., and put forward that the circumstances of the party's crime are obviously minor and the harm is not greatThe recommendation not to prosecute the parties was adopted by the procuratorate, the case was finally disposed of as a non-prosecution;

* In the case of an employee suspected of illegally absorbing deposits from the public, the client was sentenced to a suspended sentence by putting forward the defense opinion that the employee was not an executive of the company, was an accomplice, and that his family had withdrawn the corresponding illegal gainsThere were nearly 10 co-defendants, and only one of the employees was given a suspended sentence

Core Benefits:

He has rich practical experience, is diligent and responsible, efficient and proactive, and actively protects the legitimate rights and interests of the parties. A number of cases have been withdrawn by the public security organs, the procuratorate has not prosecuted, and the courts have sentenced them to suspended sentences.

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