Tokenomics
Description of $FDToken
Utility Game token (game points).
Token Ticker: $FD – Fairy Dust[ F
Total Supply: 333,555,888 $FD (Episode 1). The token price is linked to the value of Flower BOXes
18 decimals
Locks and vesting as per approved tokenomics
Total supply can be increased in Episode 2 of the Game. Any extra supply will be tied to the minting of new in-game NFTs
Game mechanics of NFT Communities Battle will determine on which blockchain(s) the token will ultimately sit
40% of the funds raised in the Private Sale, Presale and IDO will be allocated to exchange listings, with locks in liquidity pools for 5 years.
Tools for Stable Growth of $FD Token
The $FD token has deflationary mechanics. As tokens get used up for minting ingame NFTs and paying fees, while large amounts of $FD will be frozen by staking (specifically as part of liquidity mining, opening Locations, participating in Quests, farming NFTs, etc.), the total supply of $FD will drop significantly in the future.
Burning. The $FD token will be burned during Game mechanics
10% when minting NFTs for $FD tokens
Tokens pledged for paid Quests that the player has not completed are burned.
We will regularly buy back a portion of $FD tokens from the market to support the rate.
In episodes 0 and 1, players can obtain $FD as follows:
Purchase at Private Sale, Presale and IDO
Game launch related giveaways: Airdrop and Bounty
Staking of gaming NFTs
Liquidity mining Selling in-game NFTs to other players
Staking $FD
Buying from an exchange or other players
Completing Quests and tasks
In Episode 2, the following additional functionalities of $FD token are laid down:
Levelling up in the Game
‘Cross-breeding’ and creating new magic items
Purchase of NFT growth and life catalysts
Character customization / development / advancement
Wrapping $FD in NFTs
Burning tokens when customizing a character
Wrapping tokenized products (fashion and merch) in wNFTs
Wrapping tokenized resources (gold, silver, minerals) in wNFTs
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