Arcade Colony Moonkarts: How SCRIPT, COLONY, FUEL, and game Assets make an interconnected system to fuel growth.
It looks nice that so many players are currently joining and playing the Moonkarts Kart racing game in the arcade colony platform. At present game supports 3 tokens i.e COLONY, SCRIPT, and the FUEL token. Colony and Script tokens are available on Hive-Engine but FUEL is not available outside the game but can be transferred between the players in the game. Currently no official interface is provided for trading FUEL but I spotted players are trading FUEL in discord on their mutual terms and prices.
1. What aspects of the game drive the demand for COLONY token?
COLONY is #play2earn token of the game and most of the game action helps you the earn COLONY tokens. So it looks like that game will be flooded with the COLONY tokens? Actually yse, if there are no proper sinks for the COLONY tokens. So to keep up with the demand of the COLONY tokens vs generation of COLONY token, game has created 2 sinks for the COLONY token.
a. Stake your COLONY token.
Interesting part of the game is that when you stake COLONY tokens, you do not get any "passive" rewards for it. Staking increases the "Play2earn" rewards of the players with a "multiplier" factor giving them an incentive to stake their earnings for more earnings in the future. Though staking does not remove the token from circulation but it does reduce the liquidity of token creating scarcity.
b. Burn/Convert your COLONY token.
Game also give option to convert or burn your COLONY token for SCRIPT token and conversion or burning of COLONY token will permanently remove the token from circulation.
Now you are wondering why someone burns COLONY to get SCRIPT? The reason is simple that at current scenario, this is the only way to get SCRIPT tokens.
2. What aspects of the game drive the demand for SCRIPT tokens?
a. To purchase from the game shop.
SCRIPT token concept is very similar to the DEC in splinterlands or GLUSD in Goalgenesis league game, It is accepted at $1 peg for all in-game purchases from Game Shop so if they are discount in the market, you will get discount in purchasing items from game shop using SCRIPT.
b. Stake it for FUEL generation.
If you want to generate FUEL. then you need to stake SCRIPT token for it. I already mentioned this whole process in my post Arcade Colony: Step by step process to generate FUEL in Moonkarts
3. What aspects of the game drive the demand for FUEL tokens?
Now you might be wondering why you need FUEL? I think here the game team has done brilliant move as "burning" FUEL is required to take part in the multiplayer battle to earn "COLONY". Irrespective of the race results, whether you win or lose, you are bound to burn FUEL for taking part in the race. It makes a constant demand for the FUEL and FUEL demand increases proportionally to the gear/accessories/tech upgrade cards equipped in the Kart. So more you are determined to climb the Leaderboard, more FUEL you will be burning overall.
4. And of course you need game assets.
It is common understanding that you need game assets to play the game but what if you need game assets apart from playing the game?
Earlier when we talked about the utility of SCRIPT token to generate the FUEL token, player need to stake the game assets +SCRIPT token to generate FUEL. so player need both active game assets (for playing game) and passive game assets (to generate FUEL) in the game.
Now if you observe closely, this is so well-knitted tokenomics that one thing leads to the other and actively encourages player to get involved in the ecosystem to earn more. In my opinion, all the team needed is the game enhancement,bug fixes and keep fun level in the game intact, so that it constantly attracts new players while retaining it's old players. To be honest this is really a factor that game is still going strong even after one year of the launch.
If you like to read my other publication in moonkarts then you can refer to my below previous posts.
My other Publications in Moonkarts
Moonkarts: Gameplay looks fantastic.
Step-by-Step Guide: How to use Market in Arcade Colony's Moonkarts.
Arcade Colony: Step by step process to generate FUEL in Moonkarts
Moonkarts: Let burn FUEL and rule the COLONY.
Arcade Colony: My thoughts on buying more SCRIPT token.
Moonkarts: Let's get the excitement of pack opening with me.
Arcade Colony: Progressing in the Game Leaderboards and witnessing market appreciation of my assets.
Need to know more?
If you like to know more about the game then you can read the official Help guide in the below link.
https://support.arcadecolony.com/hc/en-us/categories/23984105765140-Moonkarts-MK
In case you need to talk to the fellow players and like to interact with the game developers or like to further deep dive into the game, then I will say you will surely check the Game Discord
Need Support in the Game.
If help articles and hanging out in discord did not help you in resolving your query and issue then feel free to log the official Support Ticket
Well, I bought a car and a driver, but when I'm racing, the car doesn't turn, or it turns very little and I crash into the walls. https://prnt.sc/WU-IAvf3RmdC
I hope you are not with the "Astral Kart" that is very difficult to handle.
https://prnt.sc/kZBimztHeKeC Well, I'm going to see if I can sell it and buy another one.
I think there is a liquidity pool for COLONY that is very good. Maybe it is a good option to be in the game without playing.
yes, but be aware of risk associated with Defi pools.
voy a documentarme a ver que tal, se ve great cool y super
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I have entered 0.5$ in tokens and it tells me that my balance is 0 and I don't know why that happens, what interest does it give to have the tokens staked?
Please reread, I have never written for staking APR for any of the token.
Well, I bought the COLONY token and I put it in STAKED. Tomorrow I will buy SCRIPT and do the same, and next week I will buy the pack to be able to play.
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