$KOMPETE is a utility token that serves as the foundation of the Kompete game economy, encompassing several individual but interconnected games (battle royale shooter, kart race, basketball, social deduction, and more). It functions as the main medium for player transactions, access to exclusive content, and participation in in-game reward systems, supporting both player engagement and economic interaction within the ecosystem.
It is a fungible, Ethereum-based token limited to a total original supply of 1,000,000,000.
The price of this token may be subject to high volatility.
What are $KOMPETE tokens used for?
- Marketplace Transactions – Enables players to buy and sell in-game items with others through Kompete‘s own “Bazaar” marketplace.
- Access to Exclusive Shops – Provides eligibility to claim or purchase unique items available in the Divine Shop.
- Exclusive Item Ownership – Grants holders access to special in-game items reserved for token owners.
- Progression Metrics – Contributes to a player’s MyLegacy score, reflecting engagement and long-term participation.
- Event-Based Rewards – Distributed as rewards to participants in special in-game events.
- Expanding Utility – Designed to support additional functions as the game ecosystem evolves over time.
How to acquire $KOMPETE tokens?
- Gameplay Rewards: $KOMPETE tokens may be earned by players of Kompete as a reward for completing various challenges.
- Marketplace Trading: $KOMPETE tokens may be earned by trading assets in the native Bazaar marketplace.
- Airdrops: $KOMPETE may be earned through airdrop campaigns, often by meeting specific criteria.
- Crypto Exchanges: $KOMPETE may be purchased on a cryptocurrency exchange once listed, and imported into the game through a player’s crypto wallet.
⚠ Disclaimer: The above information has been gathered from the coin's whitepaper and other official sources, such as social media channels. Some features may be planned, but never implemented. Web3gamer doesn't recommend buying cryptocurrencies except for gaming purposes, within your standard gaming budget, and after fully assessing and understanding the associated risks.