An Introduction to Marblecoin (MBC)
Legal notice; Marblecoin is an in-game currency developed by Marblechain AB to be used in games on Marble.Cards or other sites developed by Marblechain AB. The goal with Marblecoin, the in-game currency, is to pay for actions in the game. Please read full legal statement at the end.
PLEASE NOTE; Outdated article
Please note information in this article is no longer valid. MBC is NOT supported or used by MarbleCards or any affiliated sites.
Summary // TL;DR
Use Marblecoin (MBC) to get reduced price for creating cards, up to 30% compared to using ETH. The MBC price to create cards strives to be stable. MBC will also be the only way to do certain things on Marble.Cards such as Remarble and Play in the Arena. It can also be used to pay for existing things such as Crop. MBC will be sold on Marble.Cards as an in-game currency. Owning it over time will generate MBC rewards.
What can I use Marblecoin for?
Marblecoin will be used to marble new cards and other things in the game. All actions are not yet released. Some actions will only be possible to buy with MBC. Here are some examples;
- 10 MBC = Remarble, get a new pattern for old cards*
- 40 MBC = Cost for creating one new card
- 5 000 MBC* = Buy an Origin card, id over 200, no gold or collection id under 5. Limited supply.
- 10 000 MBC* = Create your own Origin card, very limited supply since just a few card numbers are left. Max one per person. Marble.Cards have the right to deny the url.
- 99 999 MBC* = Buy Genesis Marble card #2
- Arena fees*
* = Can only be bought with MBC
The goal is to keep fees fixed but Marble.Cards have the right to change the prices at any time.
Important; not all features described in this document are available right away. For instance, the ability to buy MBC or marble new cards with MBC is not expected to be available in the coming 6 months.
How can I get Marblecoin?
Marblecoin is earned by playing in the arena. More about the arena here: https://medium.com/marblecards/introducing-the-first-marblecards-game-bfa61d212845
Rewards // Staking
Owners of MBC that keep MBC over a longer period will get rewarded. The reward will be in MBC and will be 10% of the MBC amount bought from Marble.Cards over that period. This is expected to be implemented during 2020 at the earliest, but holding period will start to get accounted for right away. When implemented, the wallets that hold amounts over 1000 MBC for more than 50% of the time from the MBC launch to the implementation will get proportional part of the rewards. This is the first period of rewards. For future periods, this might change and could involve locking up tokens or similar.
Token economics
100 000 000 Marblecoin minted.
The coins are controlled by the company behind Marble.Cards called Marblechain AB. Coins will be used for engagement/gameplay rewards, growth pool, funding of the project operations (salaries, costs etc), developer incentives (grants), airdrops, marketing and similar things.
Legal statement
MarbleCoin is an in-game currency, similar to any other in-game currency, its purpose to make it easier for users to buy and trade things in the game. Most in-game currencies are just records in a database that the owner of the game has control over and in theory can change the value. For Marble.Cards the in-game currency is based on Ethereum’s ERC20 Token Standard for the purpose of transparency and security. Even if Marblecoin technically is similar to non-in-game currencies meant to be traded and speculated, this does not apply to Marblecoin.
If the above was not clear, Marblecoin is not meant for speculation and none of the above should be seen as investment advice.
Please note that all the above info is where we are at the moment. Marblechain AB, owner of Marble.Cards and the creator of MarbeCards, has the right to do any type of changes to and related to Marblecoin.
