๐Welcome to Akarun
This white paper provides an in-depth overview of Akarun, outlining its mission, technology, product features, and market positioning. It serves as a guide for players and AKA/NFT holders.
Tip: Use the left sidebar to navigate through different sections of this white paper. Each section provides detailed insights into various facets of Akarun, ensuring a thorough understanding of the project.
Overview
In Akarun, players engage in dynamic runs where they compete against each other to choose the asset that performs better in the market over the next 30 seconds. This concept is represented graphically in the game, with characters running on tracks, their speed determined by the performance of the associated asset. The game offers players the chance to double their initial stake in each match.
AKA token and its mirroring power: The AKA token is the backbone of Akarun, serving as the utility token that acts as the in-game currency for joining runs. Akarunโs unique feature is its mirroring system, where actions on the Web2 version of the game are reflected in the Web3 version. This approach allows for mass adoption by mobile users unfamiliar with blockchain while translating their activities and results to Web3, benefiting token holders.
NFT Rewarding Mechanism: In Akarun, NFTs serve as in-game assets that players do not need to possess. However, the owner of a specific NFT receives a percentage every time the in-game component represented by that NFT is utilized for a run. Specifically, for each run, three in-game components are used: 1 NFT Track and 2 NFT Akarunners - the two chosen tokens competing against each other.
Governance with gAKA: Akarun DAO is the decision-making body of the Akarun project. To join, users wrap AKA tokens into gAKA tokens, granting them influence over game development, NFT policies, and AKA token management. gAKA holders earn important rewards, receiving a percentage of proceeds from every game in AKA tokens. This system encourages active participation in governance while providing ongoing passive income, incentivizing token holders to retain their tokens rather than selling them, thus aligning community interests with Akarun's success.
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