Web3 Strategy Game Age of Dino Transitions from ROAR to $AOD

Web3 Strategy Game Age of Dino Transitions from ROAR to $AOD

Multiplayer online strategy game Age of Dino has outlined the tokenomics for its upcoming cryptocurrency—$AOD.

The new token will serve as the central currency for in-game transactions, replacing the current $ROAR token once the Token Generation Event (TGE) occurs by the end of 2024.

Players will be able to use $AOD for a wide range of activities, including governance, staking, and trading within the game’s ecosystem.

Age of Dino - Business Model & Tokenomics
Source: Age of Dino

What is Age of Dino?

Age of Dino is a multiplayer strategy game where players manage armies of dinosaurs, engage in battles, and complete resource-gathering missions.

The game operates on blockchain technology, which allows players to own and trade in-game assets.

The upcoming $AOD token will become the game’s primary currency, used for a variety of transactions, including purchasing in-game items, upgrading assets, and accessing exclusive events.

Age of Dino - Tokenomics
Source: Age of Dino

How to Earn $AOD?

Currently, players earn ROAR tokens in the pre-TGE phase by completing in-game tasks such as Intel and Bounty Missions, battling other players in PvP mode, and mining resources.

These ROAR tokens will automatically convert into $AOD once the TGE occurs. Collecting $ROAR early provides players with an opportunity to start accumulating currency that will soon be the basis for all transactions in the game.

Players who own a Dinosty NFT receive additional benefits, such as access to extra missions and more opportunities to mine resources. These NFTs also provide certain advantages during combat in both PvP and PvE modes.

Tokenomics and Supply Distribution

The total supply of $AOD is capped at 200 million tokens. The distribution is as follows:

    • Game rewards: 40%
    • Investors & Team: 25%
    • Airdrop: 10%
    • Marketing: 10%
    • Dinosty NFT Holders: 6%
    • Liquidity: 6%
    • Advisors: 3%

Tokens reserved for in-game rewards make up the largest portion, ensuring that players are rewarded for their participation in PvP, PvE, and other activities. Tokens allocated to the investors and development team will remain locked for six months after the TGE, with gradual unlocking over the following 24 months. Whilst airdrop recipients will share 10% of the total token supply, fully unlocked at the time of the TGE.

To maintain balance within the game’s economy, the developers will implement deflationary mechanisms wherein small portion of tokens spent on transactions will be burned, reducing the overall supply.

Players may also need to burn tokens to participate in certain high-reward tournaments or make significant upgrades.

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Telegram
Follow us on X
Like us on Facebook

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

jenz nft plazas

Blockchain enthusiast and lifelong gamer.

The post Web3 Strategy Game Age of Dino Transitions from ROAR to $AOD appeared first on NFT Plazas.

Read the original article on nftplazas.com