A New Era for Arena of Faith: Introducing the $ACP Token
Exciting news for players of Tencent-backed Arena of Faith – the highly anticipated $ACP token is on the horizon. This token, set to revolutionize the gaming ecosystem, will offer players a host of benefits and opportunities to enhance their gaming experience. Let’s delve into the details of this upcoming token and what it means for the future of Arena of Faith.
Understanding the $ACP Token
The $ACP token is the core token of Arena of Faith, designed to be earned and utilized by players within the game and across the studio’s range of esports-focused blockchain games. With a total supply of 1 billion tokens, the allocation breakdown includes 45% for the community, 20% for investors, 15% for the team, and 8% for the ecosystem. The remaining supply is distributed to marketing, advisors, public sales, and initial liquidity.
The Benefits of $ACP for Players
Players can look forward to a range of benefits with the introduction of the $ACP token. These include the ability to mint NFTs, stake for validation nodes, participate in governance, and progress through the game by burning tokens to upgrade heroes and unlock premium content.
Core Aspects of the Economic Model
The economic model of $ACP is built on three core aspects:
- Deflationary Design: Burning mechanisms and token usage across multiple games create a deflationary design, increasing demand as players engage in skill-based gameplay and upgrade in-game assets.
- Cross-game Utility: $ACP is designed to be utilized across various blockchain gaming experiences, ensuring longevity and interoperability within the studio’s ecosystem.
- Proof of FrameSync Technology: This innovative technology brings transparency and security to game processes, enhancing the overall gaming experience for players.
Proof of FrameSync Technology
Proof of FrameSync technology ensures transparency and security by recording all game processes on-chain. This eliminates the risks of cheating and data tampering, providing a seamless user experience for players participating in web3-powered competitive events.
Players can also stake $ACP tokens to support validation nodes and earn rewards through the verification process.
With the introduction of the $ACP token, Arena of Faith is set to enter a new era of gaming innovation and player engagement. Stay tuned for updates on the official launch and how you can get involved in this exciting new gaming ecosystem.
