EDG Token Utility
EDG and NFE Token Utility
Edu3Games leverages the synergy between EDG tokens and NFE tokens to create a dynamic, multi-layered token economy that enhances user engagement and long-term value.
EDG to NFE Swap:
Users will have the option to swap EDG tokens for NFE tokens via a designated swap portal (e.g., edgswap.edu3.games). This exchange will occur at a set parity rate, with each swap incurring a transaction tax and token burn:
1% Tax and Burn: A 1% tax will be applied during each token swap. Half of this (0.5%) will be allocated to a burn mechanism, reducing the circulating supply of both tokens and creating a deflationary effect. The remaining 0.5% will be transferred to the developer's wallet, increasing the team’s token holdings and supporting the platform’s continued development.
Deflationary Impact: By reducing the overall token supply through regular burns, both EDG and NFE tokens are positioned for long-term value appreciation.
Token Burning Mechanism:
NFE tokens will be bought back and burned using EDG tokens generated through platform activities. This continuous buy-back and burn process will help maintain the scarcity of NFE tokens, contributing to the overall value of the token economy.
In-Game Utility of EDG Tokens:
EDG tokens will serve as the primary in-game currency for purchases and interactions across Edu3Games’ ecosystem. Players will be able to use EDG tokens for various in-game customizations and functionalities. For example:
In-Game Customizations: In a scenario where Edu3Games introduces a Mario-style educational game, players could use EDG tokens to customize aspects of their character, such as changing the color of Mario's hat.
Continuing Gameplay: If a player fails to complete a level, they could use EDG tokens to resume the game from where they left off, providing additional value to token holders and enhancing gameplay continuity.
Contests and Rewards:
EDG token holders will be able to participate in exclusive contests and sweepstakes, especially those designed for users who also hold NFE tokens. Examples include:
USDT Distribution: Monthly or weekly contests could reward winners with USDT or other prizes, encouraging active participation and engagement across the platform.
Special Staking Pools: Exclusive staking pools will be opened for NFE holders, offering them enhanced opportunities to earn additional rewards while holding both EDG and NFE tokens.
By integrating EDG and NFE tokens across multiple functionalities, Edu3Games creates a versatile and valuable token ecosystem that offers players multiple ways to engage, earn, and benefit from their participation on the platform. The deflationary mechanics, combined with innovative gameplay incentives, position both tokens for long-term value and growth.
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