Game icon

Echo Of The Horizon

eoth

$0

-3.30%

61

Chain

    BNB Smart Chain

Platform

  • macOS icon
  • PC icon

Category

Action, Adventure, Co-op, Crafting, F2P, Multiplayer, Open-world, P2E, PVE, RPG, SCI-FI, Single Player

Token Information & Utility for Echo Of The Horizon

Introduction

The token model of Echo Of The Horizon (EOTH) plays a pivotal role in shaping its play-to-earn ecosystem and overall player experience. By leveraging blockchain technology, EOTH introduces a multichain rewards system that allows players to earn $EOTH tokens through various in-game activities. [1a] This report will cover:

  • The structure and utility of the $EOTH token within the game's economy
  • The mechanisms through which players earn and use $EOTH tokens
  • The token model's impact on player engagement, sustainability, and its competitive positioning in the Web3 gaming landscape

Token Structure and Utility

Echo Of The Horizon employs a single-token model, with $EOTH serving as the primary currency within the game. [2a] $EOTH is used for purchasing in-game items, equipment, and services, and it serves as the medium of exchange for various economic activities. [2b] The token's utility is further enhanced by its integration with gameplay mechanics, allowing players to:

  • Trade and sell unique NFT assets, including creatures, weapons, armor, and drones, within the player-driven marketplace [3a]
  • Engage in crafting and resource gathering to create valuable items that can be sold or traded [2c]
  • Participate in ranked multiplayer competitions, where top-ranked players earn additional $EOTH tokens and BNB [3b]

Earning Mechanisms

Players can earn $EOTH tokens through a variety of in-game activities, which are designed to encourage active participation and reward player effort. The primary earning mechanisms include:

  • Completing quests, defeating enemies, and uncovering rare treasures, which provide in-game resources and rewards [3c]
  • Participating in multiplayer mode, where 50% of the buy/sell tax is distributed as rewards to active players [2d]
  • Engaging in NFT sales, where 70% of the proceeds are distributed as $EOTH rewards to participants [2e]
  • Opting for a monthly subscription plan, where 70% of the subscription revenue is allocated as rewards to the active player base [2f]

Impact on Play-to-Earn Ecosystem

EOTH's token model is designed to foster a vibrant play-to-earn ecosystem by providing players with multiple avenues to earn and utilize $EOTH tokens. The model enhances player engagement by:

  • Encouraging active participation through rewards for gameplay, NFT trading, and subscriptions [2d] [2e] [2f]
  • Creating a sense of ownership and investment through the use of NFTs and clan tokens, which can be traded or sold [2j]
  • Offering competitive incentives, such as additional rewards for top-ranked players in multiplayer mode [3d]

Competitive Positioning

EOTH's token model differentiates itself in the competitive Web3 gaming landscape through its innovative features and player-centric design. Key differentiators include:

  • The PlayToPump mechanism, where clan tokens are supported by shared EOTH rewards, creating a unified yet independent economic structure for clans [2j]
  • The multichain rewards system, which allows players to choose their preferred blockchain for receiving rewards, enhancing accessibility and flexibility [4a]
  • The integration of an animated series, where NFT holders receive a share of the revenue, adding a unique layer of utility and engagement [5a]

Conclusion

Echo Of The Horizon's token model effectively supports its play-to-earn ecosystem by providing players with multiple earning mechanisms and a robust utility for $EOTH tokens. The model enhances player engagement through rewards for gameplay, NFT trading, and competitive incentives, while also ensuring sustainability through innovative features like the PlayToPump mechanism and multichain rewards system. In the competitive Web3 gaming landscape, EOTH's token model stands out due to its player-centric design and unique integrations, such as the animated series revenue share for NFT holders.

  • The $EOTH token serves as the primary currency, enabling players to purchase in-game items, trade NFTs, and participate in the game's economy [2b]
  • Players can earn $EOTH through quests, multiplayer participation, NFT sales, and subscriptions, creating a diverse and engaging play-to-earn experience [3c] [2d] [2e] [2f]
  • The token model's innovative features, such as the PlayToPump mechanism and multichain rewards system, differentiate EOTH in the Web3 gaming space and contribute to its long-term sustainability [2j] [4a]

References

[1] CoinMarketCap. About Echo Of The Horizon. CoinMarketCap. Available from: https://coinmarketcap.com/currencies/echo-of-the-horizon/

[2] eoth.gitbook.io. 📈Game Economy. eoth.gitbook.io. Available from: https://eoth.gitbook.io/eoth/game-economy

[3] ChainPlay. Echo Of The Horizon NFT Game Stats. ChainPlay. Available from: https://chainplay.gg/games/echo-of-the-horizon/

[4] Echo Of The Horizon (EOTH). Echo Of The Horizon: Elevating the Gaming Experience | by Echo Of The Horizon (EOTH). Medium. Available from: https://eoth.medium.com/echo-of-the-horizon-elevating-the-gaming-experience-edd0ba70e4cb

[5] eoth.gitbook.io. 🎬Movie Trilogy and NFT Sale. eoth.gitbook.io. Available from: https://eoth.gitbook.io/eoth/movie-trilogy-and-nft-sale

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