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Economy
Gunfire AVAX Economy model
In Gunfire AVAX, the native token of the game is not yet generated. Players are able to participate in Gunfire AVAX using $AVAX token and they receive $AVAX token as their rewards for Leaderboard achievement.
The Gunfire AVAX economy has 3 components, the interaction of these 3 components create a circulation of $AVAX in the economy and allow players to play and earn.
- The players
- The game
- The Treasury Fund
When players interact with the game, they generate GOLD, NFTs. While GOLD is transferred directly into the player's game account, NFTs are temporarily stored in the Treasury Fund. Players can claim these NFTs after they pay an amount of on-chain fee (1). Unclaimed NFTs are burned.
Revenue comes from Endless Tickets purchasing activity is contributed directly into the Treasury Fund (2) This revenue is used as the Leaderboard Rewards for TOP players in each Endless Mode tournament.
Treasury Fund comprises of 4 money flow:
(1) Revenue from on-chain fee
(2) Revenue from Endless Ticket purchase
(3) Revenue from marketplace transaction fee
(4) Revenue from Chest sales activities
The Endless Mode $AVAX Reward Pool is contributed by 5 money flow:
(1) Revenue from on-chain fee
(2) Revenue from Endless Ticket purchase
(3) Revenue from marketplace transaction fee
(4) Revenue from Chest sales activities
(5) Funding from Gunfire AVAX team *
(*) The funding from the Gunfire AVAX team is not a fix contribution. The amount of funding depend on the number of players participated in each Endless Mode tournament*
- Fuse feature: Players spend 3 NFTs to fuse 1 NFTs with higher rarity. After the fuse action has been executed, 2 NFTs is burned from the economy regardless of the success or failure of the fuse action.
- Unclaimed NFTs: Players have a limited time frame to claim the Pending Rewards, if these rewards are not claimed, they will be burned.
Last modified 1yr ago