Tokenomics
Last updated
Last updated
In the S01 of the game, there are 4 types of in-game fungible tokens: ENERGY, HERBS, GEMS and ESSENCE.
ENERGY: an utility ESDT fungible token minted only through NFT staking or by the game contract - by completing in-game quests and earning rewards.
Whenever a quest that demands Energy is accomplished, a corresponding amount of tokens is burned. By completing quests, you are essentially engaging in a deflationary process.
At first, the rate at which Energy is produced depends on the player's Tier and how many NFTs you own. The more NFTs you stake, the more ENERGY you gain (1 NFT β 3 ENERGY per hour)
Tier 1 β Nomads: 1 to 3 NFTs = 3 - 9 ENERGY per hour
Tier 2 β Tourists: 4 to 6 NFTs = 12 β 18 ENERGY per hour
Tier 3 β Purists: 7+ NFTs = min. 21 ENERGY per hour
However, over time, more factors will be taken into consideration regarding the Energy production, such as: NFTs rarity, classes, game XP and more...
The token can be exchanged for Egld only in-game. The exchange rate will be dynamic, depending on the NFTsβ secondary market volume.
HERBS, GEMS and ESSENCE: ESDT fungible tokens minted only by the game contract - through quests & rewards.
These tokens can only be exchanged between them or for ENERGY, by completing specific in-game quests.
Whenever a quest that demands HERBS, GEMS or ESSENCE is accomplished, a corresponding amount of tokens is burned. By completing quests, you are essentially engaging in a deflationary process.