The $MEGA Symbol can be received by fastening resources in the vault within the MegaCryptoPolis game.
MegaCryptoPolis the city builder dapp game has been running given that 2018 on the Ethereum plus TRON blockchains today introduced they are launching the ERC-20 $MEGA token to enable staking, yield farming, and liquidity mining on October first.
Furthermore, with the recently announced MakerDAO partnership, MegaCryptoPolis is providing a time-limited 30% low cost on packs with assets when purchased with DAI.
This particular announcement has come in a 7 days of rising hype around the blockchain game, industry, and collectibles categories also it appears to be an evolution for the yield farming craze. Forging gaming and DeFi technicians to try to increase trading amounts and active wallets inside the dapp.
Key points from the statement:
- Tangible product with second . 5 years of history
- $400’000 locked within smart contracts
- Not an offering, TGE, or even distribution
- Pre-minted, fixed total supply
- No Token appropriated for the team
How to get $MEGA?
The particular $MEGA token can be obtained by locking resources within the vault inside the MegaCryptoPolis video game. Resources can be produced in the building, purchased on the in-game market, or acquired within Packs from the official shop (limited amount).
$MEGA tokens may also be available in liquidity pools (Uniswap and JustSwap) and will be put into decentralized exchanges.
With the recently announced MakerDAO partnership, MegaCryptoPolis provides a time-limited 30% discount upon packs with resources whenever purchased with DAI.
$MEGA Token Release Schedule
The $MEGA token smart contracts is going to be deployed and verified upon September 24. A week through September 24 to Oct 1 will be reserved intended for contract audit, no Bridal party will be used during this period.
$MEGA will become readily available for acquisition from the vault to both the Ethereum and TRON Networks from October first at 1 PM UTC.
NFTs meet DeFi
MegaCryptoPolis is one of the most popular blockchain video games currently on DappRadar All of the game logic is built upon smart contracts meaning that each player’s action is a deal and every game item is really a token.
Players acquire land to create buildings using resources. Assets are the core of the game play. Wood, sand, bricks, and so forth are produced in buildings and they are required for buildings to be improved and operated.
Every time a resource is used hanging around it’s burned — which means the overall supply of a reference in the game reduces. Each source has its own price inside the in-game market, which may be various for the same resource on various networks.
Actual deal prices plus trading volumes are documented in the “MCP Times” newspaper that acts as a block explorer for the game assets.
At the moment all of the resources are traded because NFTs (ERC-721), but the group does not reflect the nature of the countable asset. The $MEGA ERC-20 token is developed to change that.
The particular token for a decentralized town
The primary idea behind the $MEGA token is to make sport resources liquid and allow transfers between Ethereum plus TRON network gaming roadmaps.
The entire supply of the $MEGA symbol is fixed and will not really change over time – which means there will be no mint or even burn functions within the intelligent contract. The result: there is no way to make or destroy $MEGA bridal party, ever.
100% from the tokens will be initially allotted in the vault. Players can receive $MEGA from the burial container by depositing resources towards the Vault. The less $MEGA token left in the burial container, the more resources will be necessary to receive the same amount of $MEGA from your vault.
Additionally it is important to note that no oracles or external data is going to be used to determine rates to get swaps it will be totally controlled by demand and burial container supply. The idea here is which will create an independent and trustless cross-chain market with no manage from developers.
NFTs join the DeFi hype
NFTs are looking to take the limelight. Over the past week the buzz has really started to display and it feels like everyone is referring to them. Crypto Art seems to be dominating the headlines, however the potential of NFTs might go far beyond that will.
As always we are going to continue to monitor and review on developments as they occur. Make sure you bookmark DappRadar plus sign up to our newsletter beneath to get updates direct for your inbox.