The Long-term Sustainability of BoomLand’s Crypto Currency Tokens
The Longevity of $BGEM and $BOOM in the Hunters’ Universe
Hello Hunters! Time for a catch up, for today we will explore how BoomLand’s in-game cryptocurrency tokens are sustainable in the long-term! Let’s get down to business!
The Recent Crypto Scare & Why We are Cool as Cucumbers
Out there in the Hunters Universe, you will face many hideous monsters ready to slay you. But perhaps nothing quite as scary as the news that the TerraUSD, took a dive. Oh yes, it caused some serious crypto waves across the blockchain world.
But fear ye not Hunters because our Wizards are building something to endure. The foundation of the Hunters On-Chain gaming economy is about longevity and sustainable growth, so your tokens and NFTs are safe and secure. In fact, Kenneth Rapoza at Forbes hit the nail on the head,
“If there is one thing that can be said for anything remotely connected to the internet and a computer screen it’s that if it is salacious or is a video game it will probably survive market turmoil.”
How a Blockchain Gaming Community Grows
While some crypto investors are having a full blown meltdown, the blockchain gaming sector, aka GameFi, is much more relaxed about the future. Those GameFi Wizards know that as more people join our Hunters Universe, the greater the value of the tokens and NFTs become the greater value each component of the ecosystem gains. In that sense, it is a bit like how equity works for shares in companies but very different as tokens don’t pay dividends.
What about if another Game catches my attention ?
My hearties, we’ve got our best wizards ensuring the game quality of Hunters On-Chain is second to none. However, hypothetically speaking, if another game catches your eye or your current one dips in popularity, fear not because Hunters On-Chain is the first of many titles, and your in-game currency, $BGEM and $BOOM, will have usage across the entire BoomLand platform and all the games that will be published on it. The moral of the tale is that you don’t put your crypto eggs in one basket!
What are the BoomLand cryptocurrency tokens?
Brave Hunters, so the two main cryptocurrency tokens in BoomLand are $BOOM and $BGEM.
$BOOM is the governance token and the most valuable resource you can get here. It is used to buy, sell or upgrade in-game characters and NFT items in the platform’s Marketplace. It can be bought or sold in cryptocurrency exchanges.
$BGEM is earned while you play BoomLand titles and spent entirely within the platform economy. It can be earned by playing titles and leasing in-game characters.
Earning in Game Modes and Economic Growth
You can earn $BGEM and $BOOM and NFTs in the 6 different game modes and as the number of players expands, the more the economy grows in relation to token and NFT value.
Upgrading Hunters to Gain More Tokens
Another way that makes the micro-economy of Hunters sustainable is that your NFT Hunters win bigger and better prizes as they rise up the ranks. As you upgrade, the amount of $BGEM income increases! Ooh yeah!
Lending NFT Hunters to New Players
If you really want to fill your boots, then get crafting NFT hunters, leveling up and lending them out. Oh yes siree! Lending out your spare NFT Hunters for an agreed fee and period of time means that you get a revenue share of earned $BGEM.
Playing the Long Game
So Hunters, all of the aforementioned ways strengthen the sustainable growth of BoomLand tokens in the long-term. Verily, the digital ownership of NFTs and our token value is the key to this growth.
Gaming As Way of Earning a Living
Now if you thought I was losing my marbles talking about self-sustaining gaming economies, there are already people in countries like Indonesia earning a few hundred dollars a day playing games. Blockchain gaming is only in its infancy and yet NFT games generated $2.32 billion dollars in the third quarter of 2021. Also, the gaming industry is going to hit $203 billion dollars this year! Wowsers!
Heed These Words Hunters!
Heed my words Hunters, any economy worth its weight in gold is built on the success of its products and not just the money. Bless their cotton socks, the Hunters On-Chain’s veteran development team are designing topnotch games to keep you entertained. Subsequently, BoomLand’s tokens will grow and prosper in the years to come as players flood to the platform for games they love.
That’s the magic formula my hearties!
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