What is $FUMI and what does it solve?
$FUMI, or FUMIKO, is the proprietary cryptocurrency token that powers the Dragon Realms NFT Game. It is designed as a deflationary token with a burning mechanism to encourage scarcity and value. It solves the need for a specialized in-game currency that supports the play-to-earn model, facilitates in-game transactions such as character acquisition and breeding, and aligns player incentives with the game’s growth and success.
Token Overview
- Token name: Fumiko
- Token symbol: $FUMI
- Total issue supply: 18,000,000
- Total circulation supply: 18,000,000
Coinstore Listing
- Trading pair: FUMI / USDT
- Trade time: 2023/12/04 14:00（UTC+8）
- Withdrawal time: 2023/12/04 14:00（UTC+8）
What are the utilities of $FUMI?
The utilities of the $FUMI token within the Dragon Realms NFT Game ecosystem include:
- In-Game Currency: $FUMI is used for various transactions within the Dragon Realms game, acting as the medium of exchange.
- NFT Character Acquisition: Players use $FUMI tokens to purchase unique NFT characters that have specific roles and abilities in the game.
- Breeding Mechanism: The token is an integral part of the game’s breeding system, allowing players to use $FUMI to breed new characters. Part of the breeding cost is burned, contributing to the token’s deflationary economy.
- Governance Participation: As the project progresses, $FUMI holders may be given governance rights, allowing them to vote on decisions that influence the direction of the game and its features.
- Play-to-Earn Rewards: Players can earn $FUMI tokens as rewards by participating and progressing through the game, aligning player incentives with active and sustained engagement.
These utilities are designed to create a sustainable and engaging economic model within the Dragon Realms game, ensuring that the $FUMI token has intrinsic value and utility for its holders and participants in the ecosystem.
What does the project ecosystem include?
The project ecosystem for the Dragon Realms NFT Game, as indicated in the white paper, includes several components that together create a comprehensive and interactive environment:
- Dragon Realms NFT Game: An immersive play-to-earn game where players can acquire, breed, and engage with unique NFT characters, navigate through an evolving storyline, and earn rewards.
- FUMIKO Token ($FUMI): The native token of the ecosystem which is used for transactions, breeding, rewards, and governance within the game.
- Binance Smart Chain (BSC) Integration: The technological infrastructure that leverages the speed, scalability, and cost-effectiveness of the Binance Smart Chain for all blockchain-based transactions within the ecosystem.
- Tokenomics and Burning Mechanism: A well-defined economic model that includes a burning mechanism for controlling the supply of $FUMI tokens, aimed at creating scarcity and enhancing token value.
- Community Engagement and Governance: Initiatives to engage with the player community, gather feedback, and eventually incorporate decentralized governance where token holders can participate in decision-making.
- Security Measures: Strategies and measures, such as audits and smart contract upgradability, to ensure the safety and security of the ecosystem.
- Regulatory Compliance: Adherence to regulatory standards and compliance with laws, which may include KYC and AML measures to ensure the legitimacy and longevity of the project.
- Community and Marketing: Outreach and promotional activities designed to build a strong community around the game, including social media presence, influencer collaborations, and partnerships.
- Token Sale and Distribution: The initial distribution of $FUMI tokens through a token sale that will fund the development and expansion of the ecosystem.
- Post-Launch Optimization: Continuous development after the game’s launch to refine features, incorporate user feedback, and expand the game’s reach.
- Roadmap: A timeline of the project’s key milestones and development phases, providing the community with insight into the anticipated progress.
These elements are designed to work together to establish a sustainable, engaging, and secure play-to-earn gaming experience, with the $FUMI token at the center of the economic and governance activities within the Dragon Realms NFT Game ecosystem.
FUMI Official Media
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