Game Economy

Legends of Aria will feature a sustainable one-token economy, where the ARIA token will be deflationary and will operate as the governance and main utility token of the game. Anytime ARIA tokens will be spent in-game they will be burned, deflating the supply.

Aside from winning certain competitions or in-game events, it won’t be possible to earn ARIA tokens in game. Instead players will be able to monetize their time by collecting items in the game (like rare weapons and armor), and then selling those items on the upcoming NFT marketplace (almost all assets in the game can be minted as an NFT and resold).

In-game utility

• Players will have to hold a small amount of ARIA tokens to participate in community events
• $ARIA will be one of a few different purchase currencies available in the in-game store and NFT marketplace
• Guild Charters will only be buyable by spending ARIA tokens
• Jail Exit Pass: Purchasing a pass will allow you to exit from the jail with a clean slate by spending a certain amount of ARIA tokens, which will vary in amounts depending on the severity of your sentence
• Item insurance system
• World Government: The new version of LoA will allow players to run for Governor of the server to be a community leader, taking charge of new systems like the Jail, Casinos, and housing taxes
• Candidates that want to run for Governor must spend a large amount of ARIA tokens to enter themselves into the election
• In order to vote in the Governor election, your character must spend a small amount of ARIA tokens

Staking

Holders will be able to stake their tokens, allowing them to lock-in their tokens for a set amount of time to earn a guaranteed rate.

Staking will be available for the following time periods:

• 1 year = 25% APR
• 2 years = 30% APR
• 3 years = 35% APR

Governance

Holders of ARIA tokens will be allowed to vote to determine the future of the project. One ARIA token will equate to one vote, so the more tokens you have, then the more say you’ll have in choosing the direction of the project. Wallets with over 250,000 ARIA can propose a vote.

Public Sale Details:

Raise amount: $75,000
Public Sale price: $0.035
Vesting: 15% unlocked at TGE, 17% monthly for 5 months
Burn window: August 22nd, 4:00 PM UTC — August 24th, 4:00 PM UTC
Whitelist sale: August 25th, 4:00 PM UTC — August 26th, 4:00 PM UTC
FCFS sale: August 26th, 4:01 PM UTC
Listing: August 27th 2PM UTC

About Legends of Aria

Legends of Aria is a MMORPG that places players in a true fantasy RPG simulation as opposed to characters planted into a predefined adventure.

Website | Twitter

About StarLaunch

StarLaunch is a unique and dynamic incubator and launchpad, connecting promising Solana projects to early supporters and a network of key partners. The team operates by prioritizing its community first. StarLaunch brings thoroughly vetted projects to its community and protects IDO participants with an in-house insurance program.

Website | Twitter

SOURCE

https://medium.com/@StarLaunch/presenting-legends-of-aria-889d6bcb8d75

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