Talecraft Token Utility with Massive Benifits in the Deflationary Mechanisms
The Magical Metaverse of TaleCraft is a place where mystery and excitement coincide in one place while igniting the competitive flame that lives within.
A place where they can let their imagination run wild and allow the mythical creatures within them to take center stage and take over lands and objects using the power of NFT’s so that you can claim rightful ownership to what is yours. They Empower you to win battles by advancing to the next level!
A crucial aspect of play to earn in Metaverse is their unique Tokenomics system
The goal of each player is to advance to the next level with higher ranked NFT’s which will put you at a higher ground than your opposing player.
Their token mechanics are unlike any other game that exists as it was built for players by the players to enhance their quality of play by ensuring they are rewarded with high incentives. A breakdown of TaleCraft’s tokenomics can be provided below.
Each player must deposit 10 CRAFT + .1 AVAX tokens to unlock a Treasure Chest. Each Chest contains 1 of 4 cards that consist of Air, Earth, Water or Fire.
1) Adds liquidity for Craft-AVAX
2) 50% will be burned; reducing supply and increasing token price.
The AVAX will be used to:
1) Add liquidity
2) Used for game advancement
3) Rewarded to NFT holders
As you continue to open treasure chests with the required token amount, you will be granted add’l NFT cards. Each card is assigned a “weight”. The more weight you earn, the higher you advance. You will need to combine cards to move to the next weight category. The cards you used to combine to obtain a higher ranked card will be left behind and burned.
The greater amount of tokens burned, the higher your token price is valued.
Our token system constantly burns CRAFT Tokens which then decrease the circulating supply of CRAFT and simultaneously increases the price of Craft
About TaleCraft
TaleCraft is a game that allows users to play games with NFTs obtained with tokens and advance to higher levels with craft, distributes rewards to NFTs holders so that people are always actively involved in the project. It was created to resolve the lack of token use cases that circulate in the cryptosphere.
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