EPIKO Token 2022 — Everything you Need to Know | Tokenomics | Utility | How to Buy & Swap Token with ETH or OMI | More

This article will outline all the information related to EPIKO Tokens and their significance in Epiko Ecosystem.
Last edited on Nov 10, 2022

$EPIKO Token is the heart of the Epiko ecosystem enabling users to enjoy various benefits and functionalities. It grants access to exclusive and limited supplies of assets, while also providing discounts on purchases. The token’s utility extends across multiple platforms, facilitating participation in live events, tournaments, and leagues. Additionally, it offers entry into the immersive Metaverse experience and unlocks advantages within games. In summary, the EPIKO Token acts as a versatile tool that empowers users to engage in a wide range of activities and reap rewards within the Epiko ecosystem.

Within the Epiko ecosystem, the community can play the Epiko Regal app-based game and purchase game NFTs on the Epiko Marketplace. Working with our partners, opportunities will be created for our users to benefit in the Epiko Marketplace from increased payment options, access to unique NFTs, virtual set-ups, and more. All combined, the ecosystem will benefit the community and all those who are part of it. Users will be rewarded with $EPIKO Tokens and NFTs for carrying out activities in this ecosystem.

$EPIKO token is an ERC20 token that currently exists on Ethereum Blockchain and is secured by smart contracts allowing distribution and use in the ecosystem with a 300 Million Total Token Supply. The utility of the tokens will increase with the expansion of Epiko Ecosystem

The image below showcases a comprehensive overview of $EPIKO:

How to Buy $EPIKO Tokens?

There will be two ways to purchase your $EPIKO tokens. First, you can swap $EPIKO tokens with $ETH or $OMI by using the ‘swap’ feature found on the Epiko marketplace. This will have a limited supply of 9 million $EPIKO Tokens which can be accessed by users on the Epiko.market at regular intervals. Second, buying them from different exchanges on which they are available.

From Epiko.market

To purchase $EPIKO tokens all you require is to visit epiko.market and login with your Metamask Wallet.

Follow the steps below:

1. Connect your wallet with Epiko.market

A crypto wallet allows you to interact with blockchain applications on Epiko.market and a crypto wallet will enable you to interact with them and store the assets. Epiko.market currently supports the most popular wallet MetaMask, which is almost universally compatible with most Web3 applications and works on iOS and Android.

If you don’t have downloaded it already then follow the simple steps:

1. Go to the MetaMask download page and install

· (Mobile) Install the mobile app

· (Desktop) Install the Chrome or Firefox extension. Once installed, pin MetaMask by clicking the puzzle piece icon on the right top of the browser bar, then clicking the pin.

Once you do that, you will see that the Metamask icon is permanently on the browser bar.

2. Set up Metamask

· Once you install Metamask, follow the instructions to set up a new wallet that Metamask shows you.

· Most of the setup should be straightforward, but we will highlight two important things here.

· Like mentioned earlier, with a wallet, you can actually own things yourself, but that means that you are the only person who can be responsible for all of your assets. No one, even Metamask, can’t help you if you lose your Seed Recovery Phrase.

Please keep your Seed Recovery Phrase in a secure place where no one else can find it, but you also won’t lose it.

Now Go to https://epiko.market/ and click on Connect Wallet in the top right corner. You’ll be prompted to connect your digital wallet. Enter your account password (not your seed phrase), and you will be connected to Epiko.market.

2. Buy $ETH or $OMI to Swap with $EPIKO

Once you are connected, ensure that you have $ETH or $OMI in your wallet for the swap and some extra to pay the gas fees. Since Epiko.market is decentralized and runs on the Ethereum blockchain, every transaction involves a fee that goes to the miners. You can check the current average here.

How to Buy $OMI?

If you are new to Metamask or have not used it to interact with $OMI before, you will also need to add the ERC20 OMI token in order to view, receive and send $OMI tokens to and from your MetaMask wallet.

1. Open MetaMask
2. Ensure you are on the Ethereum Mainnet
3. Under the ‘Assets’ tab select ‘Import Tokens’ and then select the ‘Custom Token’ tab
4. Enter the Ethereum OMI contract address: 0xeD35af169aF46a02eE13b9d79Eb57d6D68C1749e
5. It should pre-populate the ticker and decimals, however, if it does not then add the Token Symbol as OMI with Decimals: 18
6. Confirm these details and add the new token. You should now see OMI as an available token option under the ‘assets’ tab.
7. Send a small test amount of ERC20 OMI to this wallet to confirm that it is set up correctly and that you receive it.
8. Send a small test amount of ETH tokens while you’re there. You will need ETH to pay for gas costs in order to use the bridge, which can be purchased on all major exchanges.

For More info visit: https://ecomi.notion.site/Where-Can-I-Buy-OMI-64a730acb72c407e9275ddd12e99103b

Warnings and Advice ⚠️
Please be wary at all any time when you are interacting with the token bridge, and ensure that you are ONLY using the official links and sites, as found in this article. Moreover, all interactions through the bridging site can only be performed by you, through your own wallets. Anyone/any service offering to bridge them for you, or impersonating any member of the team offering the same, is a scam/phishing attempt! Please double-check each transaction before using Metamask to sign/confirm, and begin with SMALL test amounts of OMI to ensure you have performed the correct actions.

How to Buy $ETH?

The easiest and cheapest way is to buy from trusted platforms like Coinbase, Binance, Crypto.com, or MoonPay. Here we will walk through buying ETH on MoonPay.

MetaMask, like most wallets, makes it safe and easy to copy your crypto wallet address in the app to paste as your destination when completing your purchase. When prompted by your preferred platform, enter your MetaMask Ethereum address and add the amount of ETH you want to buy.

The amount of $ETH you should add depends on the price of the NFT you want to buy, but you should always buy a bit more to cover the gas fees required by Ethereum transactions.

Follow the following steps to add $ETH:

1. Go to https://buy.moonpay.com/
2. Select currency ETH
3. Enter the amount required (NFT price + gas fee)
4. Enter your ETH wallet address
5. Verify your email and basic information
6. You’re now ready to buy Ethereum with a credit card or your preferred payment method!

For More info visit: https://ethereum.org/

Pro tip: always double-check that the crypto wallet address is correct before making a transaction. You can even send a small amount first to ensure that the funds are going to the desired recipient.

3. Purchase $EPIKO Token

Now click on Purchase $EPIKO on Epiko.market top bar and select from $ETH or $OMI, whichever you have in your wallet and want to use. Enter the amount you want to purchase. At last click on Estimate amount. Note: The minimum transaction limit is 100 $EPIKO

4. Finalize the Swap Transaction

Once everything is done, and the amount is estimated, click on swap to start the transaction. Metamask will be prompted on your top right screen. Now complete all the requirements and confirm the transaction. You can also click on View on Etherscan to track the transaction’s status in your Wallet.

From Exchange

The $EPIKO Token is available on:
Vindax: https://vindax.com/exchange-base.html?symbol=EPIKO_USDT

Visit the exchange to get started and seamlessly trade $EPIKO Token.

We are working to expand its availability on other top exchanges to provide various options to our community, stay tuned for updates.

Gas Fee Compensation

Ethereum gas fees can be a hindrance for many people to explore new options in the blockchain space. The team at $EPIKO has committed to compensating the Ethereum gas fees paid on L1. In order to compensate the fees, Team Epiko will compensate 80% of fees in $EPIKO tokens for every 100 Epiko NFTs purchased and this would vary according to the price of Ethereum.

Where is your $EPIKO Token Stored?

The $EPIKO token is an ERC20 token, and therefore can be stored in any wallet that supports the Ethereum Blockchain. In the above case, $EPIKO is stored in ‘MetaMask’, once the swap is done.

What Can I Do with $EPIKO Tokens?

• Early access to Upcoming Products
• Participate in Epiko Regal Tournaments
• Buy NFTs on Epiko.market
• Eligible to be part of Epiko DAO
• 5% discount on each collectible,
• Exclusive NFT pieces and content,
• Early access to new collectibles,
• Game assets to use in the game,
• Perform Character Morphing,
• Perform Crafting in Epikoverse
• Activate 5 elements on a warrior collectible to Unleash the ultimate and most powerful form of the Characters,
• Access special Auction option, organized for $EPIKO Tokens Holders to allow users to bid and purchase limited virtual rooms of their choice in Epikoverse.
• Eligible for 10 percent discounts on the ‘Tags’ allowing them to enter virtual mystery rooms in Epikoverse and invite their friends and pass on the referral discounts for every participant joining them in the room. If successful, they will win prizes.
• $EPIKO token holders will have access to rare collectibles, an opportunity to meet the leadership team, and virtual tours. Artists will get a chance to showcase their NFT concepts at the event, and later selected participants will be listed on Epiko.market.

These Utilities of the tokens will increase with the expansion of Epiko Ecosystem & Partnerships.

What is Epiko Ecosysytem

There are five main pillars of Epiko Ecosystem namely:

• Epiko Regal, is an entertainment application featuring a game, cinematic comics, and augmented reality collectibles
• Epiko.market for NFT collectibles including Epiko metaverse, Epiko mythological characters, comics, 2D &3D collectibles, emojis, Heroes NFTs, and mystery rooms.
• Epikoverse will have a Mystical Universe with geo-locations & avatars for the community.
• Epiko Merchandise, a physical board game: Epikovalley, Epiko Toys, T-shirts, Fridge Magnets, Stickers, Water bottles, etc.
• Epiko Tokens the heart of the ecosystem will allow users to receive discounts, provide utility across platforms, participate in live events and allow access to tournaments & leagues.
• More to be Announced…

Other Details

Token Distribution and Release Schedule:

Investment Rounds:

Disclaimer
Information on this Medium article is for educational purposes only. We are not responsible for any kind of liabilities. This article and the information contained in it is general information only and does not take into account your individual objectives, financial situation, or needs. You should review this article carefully and assess whether the information is appropriate for you and talk to a financial adviser before making an investment or token purchase decision. It should not be considered financial advice and all users are advised to do their own research.

The information provided is subject to change as the Epiko ecosystem evolves and new updates are introduced. It is advisable to stay updated with the official Epiko channels and conduct your own research to obtain the most accurate and up-to-date information.

Questions? Reach out to us!

If you have any questions regarding Epiko, please feel free to contact us. Join Epiko — Discord Server To stay up to date with all of Epiko’s exciting developments, Get in touch with other members and be part of community conversations.

Become part of Epiko

Android: https://play.google.com/store/apps/details?id=com.wss.epikoregal
iOS: https://apps.apple.com/gb/app/epiko-regal/id1576311776

Epiko Regal: Twitter | Discord | Instagram | Telegram | Facebook | LinkedIn | Youtube | Medium

Epiko.market: Twitter | Telegram | Discord | Instagram

NFT Collection: Epiko.market | OpenSea

Website: www.epiko.io
Whitepaper: https://www.epikoregal.com/assets/pdf/Whitepaper2.pdf