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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