Bold Point’s Economy: The role of $BPT and $YAY
Following their in-game series where they detailed some Non-Fungible-Tokens that will be available in-game, the map, and the plot, it is now time to understand how the tokens will have their space in this booming economy.
This time, Bold Point’s overall economy will be in scope! Besides, they’re going to highlight $BPT and $YAY roles in the game. Keep reading, and you will understand exactly how to place your bets within the game.
As you know, there are two types of players: those who have a lot of time but no money and players who have money but little time.
In Bold Point, they tried to equalize these two groups and came up with a new strategy. The economy is built on the principle of income ~ expenses, so as not to cause excessive accumulation of resources in the player and to be able to predict the financial state of the player at one time or another of the game.
The game currency is divided into soft and hard. This gives more room for maneuver and makes it possible to compensate for mistakes made in one of the economies at the expense of the other. One of the major economic mechanics is the Cyclic Deficit.
Cyclic Deficit: As multiple currencies circulate in the game, a player always has one currency in abundance, one for active spending, and one in deficit. After certain points in the game, theyswap their places. Thus, the player will simultaneously feel both abundance and scarcity, which will incline players to farm more. But for a player not to fall into complete frustration, this mechanism will be cautiously balanced. Gradually combining the points of deficit, followed by an increase in income, again a deficit, again an increase.
Sooner or later, game currencies will lose its value. Players farm more and more, goods are rapidly becoming cheaper. Some developers use denomination, some are trying to strictly control the rate, while the black market is blooming violently.
To control this issue, they use a variant of a “living economy”, in which it is possible to both add and withdraw real money. At the same time, the entire reserve of the game currency is secured by a bank deposit. The game is a single issuer, all money turnover occurs in-game as well, and new money issues are also confirmed by a contribution to the gold standard. This will ensure a solid exchange rate and stability of the game currency.
In-game currency — Copper, Silver, Gold
Serves to fulfill the small household needs of the characters in the game itself. It does not go beyond the limits of the game. Significant savings are spent on consumables.
1 gold = 100 silver
2 silver = 100 copper
There are many ways to get it:
- killing mobs;
- completing quests;
- the reward for finishing events;
- daily income from the Castle;
- collecting resources (for each obtained resource);
- trading with NPCs.
Ways to use game currency:
- buying potions;
- buying simple equipment;
- repair of simple equipment;
- buying ingredients from NPCs;
- portals use;
- equipment enhancement.
$BPT and $YAY
BPT and YAY are Premium currencies. A full-fledged cryptocurrency, tokens stored in players’ wallets. Players can use them for premium purchases in the game and obtain them by selling in-game valuables to the store or market.
- Daily achievements in the Arena
- Extraction of rare resources
- Drop of rare items
- Accelerating progress
- Premium consumables
- Premium equipment
- Removing restrictions
- Territorial battles
- Global Events
- Legendary achievements
- Epic Outfit
- Epic consumables
There are points in the game, which can also be attributed to currency in their own way. Accumulated for social actions, participation in the affairs of the faction. You can spend on raising the title, status opportunities.
About Bold Point
Bold Point is an NFT-based role-playing game built exclusively on the Avalanche ecosystem that offers a fun and competitive experience.
The game is designed to build your character and level it up through battle, either against other players (PvP) or against the computer AI (PvE). It’s also possible to earn extra crypto when playing against other players (Gold PvP).
Bold Point aims to break adoption barriers and bring more players to the blockchain gaming space. Follow us on Twitter.
About YAY Games
YAY Games is a decentralized game publisher that aggregates a wide range of games focused on Play-2-earn, NFTs, and DeFi.
As the ultimate GameFi brand, YAY Games also works as an Incubator thanks to its Initial Game Offering (IGO) Platform “Zeus” — allowing top gaming projects to have access to the expertise, large community, and sophisticated game mining architecture.