In the magical realm of TaleCraft, mystery and excitement go hand to hand to ignite the competitive flame that burns deep within them all! The sale of $CRAFT will be conducted with different molds from their first IGO. All the details about their new sales model can be found in their previous post.
Talecraft Overview — The First Crafting Game on Avalanche
TaleCraft is a Player-VS-Player (PVP), play-to-earn cardboard game driven by unique mint and craft mechanics, where players grow through gamified Non-Fungible-Token (NFT) alchemy. Elemental base cards are sold weekly, allowing only the most skilled alchemists to thrive and progress in this medieval metaverse. All NFT holders will receive $AVAX yield generated by the game ecosystem, rewarding the most loyal and skilled holders.
The deflationary system and NFTs
TaleCraft leverages a brand new scheme for the NFT minting process that balances game design and scarcity, designed to produce a sustainable, long-term economy. Crafting Technology achieves this, in part, by burning base cards to craft higher-tier cards, combing scarcity with game theory. Additionally, when a player opens chests with $CRAFT, tokens are burnt and used for vital liquidity, boosting the games’ economy. To know more about it, press here.
The Board Game itself
TaleCraft’s play-to-earn board game mode allows players to go head-to-head, testing their skills. This engaging game experience brings the NFT crafting and economy to life in an all-out medieval battle. A triumphant victory earns AVAX rewards generated by the game protocol.
Talecraft Tokenomics and Vesting
Total Supply: 30,000,000 CRAFT
- Initial Circulating Supply: 1,739,500 CRAFT (excluding liquidity tokens)
- Initial Market Cap: $487,060
- Initial Liquidity: 1.66M CRAFT and 500K USD in AVAX
- Game Incentives: 12.3%, 6-month cliff, 10% monthly
- Staking: 10%, 5% TGE, linear for 20 months
- Team: 10%, 12-month cliff, 25% quarterly
- Operations & Development: 5%, 12-month cliff, 25% quarterly
- Advisor: 5%, 6-month cliff, 25% quarterly
- Marketing: 5%, 180-day cliff, 25% quarterly
- Partnerships: 5%, 5% TGE, 90-day cliff, 25% quarterly
- Ecosystem: 3.5%, 90-day cliff, 33.3% quarterly
For an in-depth look into Talecraft’s Tokenomics press here.
The Sale on ZEUS
- Token type: ARC20
- Network: Avalanche (AVAX)
- Ticker: $CRAFT
- Price per token: $0,26
- Staking Pool Currency: $YAY
- Contribution currency: $AVAX
- Total IGO Raise: $50,000
- Staking opens: 20th November
- IGO date: 21st November
- Winner announcement: 21st November
- Listing time: 26th November
- Claiming time: TBD
- Vesting: 5% at TGE, 90 days cliff, linear for 15 months
Celebrating TaleCraft Initial Game Offering
With a new week comes a new IGO! Both teams have decided to do an IGO Giveaway with 1,000$ in prizes for all the community members who want to celebrate their second sale. 25 winners will be rewarded with a share of the Prize Pool.
Following up the giveaway mentioned above, they will have an Ask Me Anything(AMA) Session live session with our CEO, Nick Epifanov, where their community will take a deep dive into some of the brightest minds behind the Ancient Metaverse. It is the perfect opportunity to drop the questions, learn about Talecraft, and be rewarded for it! The AMA will be conducted on November 19th, Friday, at 2 PM UTC.
About YAY Games
YAY Games is a decentralized game publisher that aggregates a wide range of games focused on Play-2-earn, NFTs, and DeFi.
As the ultimate GameFi brand, YAY Games also works as an Incubator thanks to its Initial Game Offering (IGO) Platform “Zeus” — allowing top gaming projects to have access to the expertise, large community, and sophisticated game mining architecture.