$BLS is the native token of BloodLoop, a multiplayer hero shooter for PC (Windows). The token serves as a premium game currency for various purchases (e.g. tournament and crafting fees), a medium of exchange (for in-game NFT trading), an in-game reward token (ranked leaderboards), and a De-Fi token (e.g. liquidity pools, staking).
It is a fungible, Avalanche-based, ERC-20 token limited to a total original supply of 350,000,000.
The price of this token is subject to high volatility.
What are $BLS tokens used for?
- Premium Currency: $BLS is needed to cover various in-game fees charged on tournament entries and crafting.
- In-Game Rewards: $BLS is used to reward players based on seasonal (weekly/monthly) ranked achievements in-game.
- Medium of Exchange: Players may use $BLS to buy and sell NFTs within the game’s marketplace.
- PVP Wagering: $BLS may be used to bet on the outcome of competitive matches.
- Ecosystem Sustainability: A set percentage of $BLS is used to support ecosystem growth, including DAO governance, marketing initiatives, and liquidity provision across exchanges.
- Governance: $BLS is to be required for participating in the decentralized governance of the BloodLoop ecosystem (e.g. voting power on resource allocation, token burning, and funding new projects).
How to acquire $BLS tokens?
- Play-to-Earn Rewards: Players may earn $BLS in tournaments and ranked leaderboards.
- De-Fi Rewards: Players may earn a portion of the $BLS revenue generated within the ecosystem (e.g. in-game fees) by owning or holding a specific NFT.
- Marketplace Trading: $BLS may be earned through transactions involving NFTs in the marketplace.
- Airdrops: $BLS may also be distributed as rewards during special in-game events, promotions, or community initiatives organized by the BloodLoop development team or partners.
- Community Contributions: In some cases, $BLS may be earned by contributing to user-generated content initiatives or creating valuable content that enhances the BloodLoop community.
- Crypto Exchanges: $BLS may be purchased on a cryptocurrency exchange, 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.