๐ชToken Economics
Last updated
Last updated
The $ULD token is a multifaceted asset within the Unlighted game ecosystem, functioning both as a utility and governance token. As a utility token, $ULD is integral to marketplace transactions where it serves as the primary settlement method for purchasing paid items like NFTs, weapons, crafts, and wearable items which are usable within the game. Players can also engage in peer-to-peer sales within the marketplace, with transaction fees settled in $ULD, thus driving demand. Additionally, $ULD is used in the change game feature and for purchasing battle passes. These passes provide special advantages, such as access to exclusive treasure maps and potions, further incentivizing players to spend $ULD. With the token players can also buy keys which are of two types, private key used to open hidden keys and secret key which guides the location of hidden boxes. The token can be used to buy scroll which can be used as secret portals.
In its governance role, $ULD empowers holders to participate in platform governance, influencing the development and future direction of the Unlighted ecosystem. Within the guild ecosystem, $ULD facilitates collaborative activities and strategic gameplay. The token is also central to the game banking system, allowing players to purchase insurance and lock their $ULD tokens and accumulate loot for additional ULD tokens, in game assets, NFTs and/or other in game rewards like player boosts.
By using $ULD tokens, users will be able to buy in-game currency. This in-game currency can then be used to upgrade, boost abilities, and buy power/ heal potions. Additionally, users can acquire loot items through PVP that can be sold in the peer-to-peer marketplace. Players can also earn in-game currency during their gameplay through various activities. Players can also liquidate the in-game currency to $ULD tokens with certain fees applied.