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Ukiyo token

Governance token
Note: We have temporarily omitted the token ticker/code to avoid scams. This is the primary token of the game, which will power most of our core blockchain integrations. Ukiyo tokens have a fixed supply and will eventually become deflationary as they are burned through the utility that they offer.

Utility

  1. 1.
    Governance - The Ukiyo token offers its holders voting rights, allowing them to help shape the project's future by voting on key decisions and referendums.
  2. 2.
    Payment - Main currency that powers the in-game NFT marketplace.
  3. 3.
    Staking - Ukiyo will feature a unique staking system, allowing token holders to select from an array of different rewards. Types of rewards: i) Ukiyo tokens - Traditional like-for-like staking. ii) Gold coins - This allows investors or players with limited time to achieve good progress in-game. To avoid inflationary pressure from this method, there is a daily limit on the number of gold coins that can be awarded through staking. iii) Quests - There will be special quests with exclusive rewards which will require players to stake a certain number of tokens over a set length of time.
  4. 4.
    Equipment enhancement - Depending on the tier and enhancement level, both Ukiyo tokens and magical shards may be required for equipment upgrades.
  5. 5.
    Quest / challenge completion - Certain game objectives or challenges will necessitate the use of Ukiyo tokens to be completed.
  6. 6.
    Gachapon (vending machine) - There will be a Gachapon category which requires tickets that can only be purchased using Ukiyo tokens.
  7. 7.
    Guild creation - When forming a new guild, guild leaders are required to pay a creation fee in Ukiyo tokens.
  8. 8.
    Pet breeding - Each breeding attempt requires both Ukiyo tokens and magical shards.
  9. 9.
    Ukiyo store - Exclusive items (cosmetics, consumables, buffs, etc) will be available in the Ukiyo store that can only be purchased using Ukiyo tokens or magical shards. The items that can be purchased using Ukiyo tokens differ from those that can be purchased with magical shards.

How to earn

  1. 1.
    Completing quests and challenges
  2. 2.
    Completing dungeons
  3. 3.
    Completing achievements
  4. 4.
    Defeating bosses
  5. 5.
    Winning PvP matches
  6. 6.
    Login / activity rewards
  7. 7.
    Top placement in leaderboards