๐ณNFT Use Cases in the Game
In Akarun, Non-Fungible Tokens (NFTs) play a crucial role in enhancing the gameplay experience, providing unique ownership opportunities, and enabling players to earn rewards. This chapter explores the various use cases of NFTs within the game, detailing how they integrate into the Akarun ecosystem and the benefits they offer to players.
Unique Akarunners
Representation of Cryptocurrencies: Each Akarunner NFT represents a specific cryptocurrency. For instance, there is an Akarunner for Bitcoin, Ethereum, Dogecoin, and other major cryptocurrencies. This representation not only adds a layer of uniqueness to each NFT but also makes them highly desirable for the respective cryptocurrency communities.
Performance-Based Speed: The speed and performance of an Akarunner in a race are linked to the real-time performance of the corresponding cryptocurrency in the market. This means that if the chosen cryptocurrency performs well, the associated Akarunner will run faster, giving players a strategic advantage in the game.
Ownership and Participation Rewards: Owners of Akarunner NFTs earn rewards every time their Akarunner is used in a race. Specifically, the rewards are divided such that 0.6% of the total rewards from each race is allocated to the NFTs, with 0.2% going to each of the two Akarunners involved. This incentivizes players to own and utilize their Akarunners actively, as the more they participate, the more they can earn.
Unique Tracks
Diverse Racing Environments: Each track NFT in Akarun represents a unique racing environment. These tracks can vary in design, difficulty, and aesthetic appeal, providing a diverse range of experiences for players. Tracks are crucial for hosting races, and their uniqueness adds to the strategic elements of the game.
Track Ownership Rewards: Similar to Akarunner NFTs, track owners earn rewards whenever their track is used in a race. The owner of the track NFT involved in a race earns 0.2% of the total rewards from that race. This encourages players to invest in track NFTs and contributes to the overall diversity and engagement of the game.
Earning Rewards from Participation
Race Participation Rewards: Every time a race is conducted, the owners of the NFTs involved in that race earn a percentage of the total rewards. Each race includes two Akarunners and one track, and the rewards are distributed as follows:
Akarunner Owners: Each of the two Akarunners earns 0.2% of the total rewards.
Track Owner: The track used in the race earns 0.2% of the total rewards.
For example, if the total value of a race is $100, the Akarunner owners each receive $0.20, and the track owner receives $0.20.
Special Privileges and In-Game Benefits
In-Game Privileges: Players who own specific NFTs of certain tokens enjoy unique in-game privileges. These privileges can include early access to new features, exclusive participation in special events, and additional rewards for races. Owning an NFT linked to a specific token can also provide players with bonuses such as increased earning rates or special power-ups.
Cosmetic Enhancements: NFTs in Akarun also offer a range of cosmetic enhancements that personalize the gaming experience. These include:
Special Skins: Unique visual appearances for Akarunners and tracks that are exclusive to certain NFTs.
Exclusive Dance Moves: Custom dance moves and animations that are dedicated to specific NFTs, allowing players to showcase their unique assets.
Custom Music and Sound Effects: Personalized soundtracks and effects that play during races when specific NFTs are used.
Special Gadgets and Trails: Unique gadgets, visual trails, and color schemes that highlight the use of particular NFTs in the game.
Monetizing NFTs through Trading
Primary Sales on OpenSea: Akarun NFTs, including Akarunners and tracks, are initially sold on OpenSea, a leading NFT marketplace. Players can purchase these NFTs directly from Akarunโs official collections.
Secondary Market Transactions: After acquiring NFTs, players can trade them on secondary markets like OpenSea. The secondary market allows players to buy, sell, and trade NFTs with other players, creating a dynamic marketplace where the value of NFTs can fluctuate based on demand and rarity.
Creator Fees and Royalties: Every transaction involving an Akarun NFT on OpenSea includes a 5% fee that goes to the creator. This fee supports the ongoing development and maintenance of the Akarun ecosystem. The royalty structure ensures that creators continue to benefit from their work as NFTs are traded, incentivizing the creation of high-quality and desirable assets.
Cross-Community Engagement
Representation of Different Cryptocurrencies: By integrating various cryptocurrency communities into the game through unique Akarunners and tracks, Akarun facilitates cross-community engagement. Players from different cryptocurrency communities can showcase their tokens and participate in races, increasing their visibility and appeal.
Competitive Environment: The dynamic of earning rewards based on the performance of cryptocurrencies in the market creates a competitive environment. Different communities vie for the ownership and utilization of their respective NFTs, driving up their demand and market value. This competition not only enhances the gaming experience but also fosters a sense of community and engagement among players.
Last updated