Tokenomics and platform
Posted: 18 May 2021, 20:28
Play-to-Earn Ecosystem
In blockchain-based games, NFTs are becoming more than just collectibles - they're useful. Both casual and professional players now have the opportunity to receive rewards for playing their favorite games, earning both valuable assets and even in-game currency.
"Play to Earn" refers to an ecosystem in which players can make money by participating in the activities that make up the game's economy, which is driven by in-game cryptocurrencies such as $ EMON and $ MARKS. These in-game currencies and NFT assets then connect to the larger Decentralized Finance (DeFi) ecosystem, allowing you to exchange your in-game earnings for other value stores in the open market.
Tokens, objectives and distribution
Learn more about the significant upgrades to the Ethermon economy and our upcoming Initial Decentralized Offering (IDO) on Polkastarter.
$ EMONT
$ EMONT is our legacy ERC-20 token. It was created before the reform of our team in 2019 (standard before ERC20), when we renamed Etheremon to Ethermon. This token is no longer being issued and will be replaced by the new $ EMON token, which will be facilitated by a conversion bridge for old $ EMONT holders following the upcoming token generation event (details below).
How to convert $ EMONT (obsolete token) to $ EMON
If you keep $ EMONT on-chain, you can use the conversion bridge to get $ EMON after the upcoming Initial Decentralized Offering ( IDO) on Polkastarter.
An off-chain legacy snapshot was taken as of April 19, 2021, and will be used to assign bid amounts to those who are qualified. To facilitate this transition, EMONT's current quest and achievement reward system has been temporarily disabled.
⚠ Beware of scammers and imitators!
The $ EMON token has not been generated yet. DO NOT buy $ EMON tokens in any market - they will be fake, illegal tokens and you risk losing your investment.
In blockchain-based games, NFTs are becoming more than just collectibles - they're useful. Both casual and professional players now have the opportunity to receive rewards for playing their favorite games, earning both valuable assets and even in-game currency.
"Play to Earn" refers to an ecosystem in which players can make money by participating in the activities that make up the game's economy, which is driven by in-game cryptocurrencies such as $ EMON and $ MARKS. These in-game currencies and NFT assets then connect to the larger Decentralized Finance (DeFi) ecosystem, allowing you to exchange your in-game earnings for other value stores in the open market.
Tokens, objectives and distribution
Learn more about the significant upgrades to the Ethermon economy and our upcoming Initial Decentralized Offering (IDO) on Polkastarter.
$ EMONT
$ EMONT is our legacy ERC-20 token. It was created before the reform of our team in 2019 (standard before ERC20), when we renamed Etheremon to Ethermon. This token is no longer being issued and will be replaced by the new $ EMON token, which will be facilitated by a conversion bridge for old $ EMONT holders following the upcoming token generation event (details below).
How to convert $ EMONT (obsolete token) to $ EMON
If you keep $ EMONT on-chain, you can use the conversion bridge to get $ EMON after the upcoming Initial Decentralized Offering ( IDO) on Polkastarter.
An off-chain legacy snapshot was taken as of April 19, 2021, and will be used to assign bid amounts to those who are qualified. To facilitate this transition, EMONT's current quest and achievement reward system has been temporarily disabled.
⚠ Beware of scammers and imitators!
The $ EMON token has not been generated yet. DO NOT buy $ EMON tokens in any market - they will be fake, illegal tokens and you risk losing your investment.