GOLD Token

Gold is a valuable token in our proposed text-adventure based game. Gold serves as an in-game currency, used to purchase upgrades and exclusive items, as well as for crafting, bribes and other activities. Gold can be obtained through mining and will be added to the game economy prior to launch for operations. After the initial emission of gold, scarcity will occur, making it a more valuable asset.

Gold is used in almost any economic activity in the game and is required for crafting, in-game purchases, upgrading NFTs, bribing NPCs or players and paying game tolls for access to restricted areas. Gold can be purchased, obtained from other players or NPCs, or obtained from special game experiences. Gold is also used to purchase items with utility, exclusive items, crafting goods, cosmetics and to pay for social activities.

Gold can be exchanged, sold, borrowed and lent in the in-game bank. It can also be used to buy services from NPCs, as well as offline goods and services such as merchandising and events. Gold is also tradeable between its equivalent in the blockchain in the game trader where players can exchange their gold tokens for blockchain tokens.

Players must carefully manage their gold assets, as it is required for almost any economic activity in the game. By utilizing gold wisely, players are able to obtain valuable rewards from successful resource gathering and trading activities while freeing up their time to focus on other in-game activities or explore the game world. Total Supply: 6,000,000 Gold tokens

Emission Rate: 1,000 Gold tokens per day

Initial Circulating Supply: 5,000,000 Gold tokens

Initial Price: 0.001 Ethereum (ETH) per Gold token

Minting Fee: 5% of all mined Gold tokens go to the game pool as taxes.

Inflation Rate: 2-3% annually.

Burning Mechanism: At least 50% of all Gold tokens used for in-game purchases will be burned.

Trading Fees: 0.2% transaction fee on all trades involving Gold. *Subject to changes*