🏦Game Economy
Last updated
Last updated
The game economy depicted in the figure is a carefully balanced system designed to sustain long-term engagement and value for players within the SRC.ai platform. Here's an explanation of its two main components – supply and consumption – which together maintain a stable in-game economy:
The supply side is characterized by the creation and distribution of economic resources within the game:
Reward Points (SDP): These are points players earn by participating in various in-game activities. They represent immediate, non-monetary incentives for players.
Reward Tokens ($SRC): The primary currency within the game, $SRC is used for transactions and can be earned as rewards for completing certain driving tasks or challenges.
NFT Minting: New Non-Fungible Tokens (NFTs) are created and introduced into the economy. These NFTs could represent unique vehicles, items, or other assets that players can use or trade.
The generation of these resources leads to token inflation, expanding the in-game economy by increasing the number of tokens and assets in circulation.
On the other side of the economy is consumption, which involves the use of in-game tokens and assets, thus creating token deflation:
NFT Synthesis (Level Up): Players can improve their NFTs, which often requires spending $SRC tokens, removing them from circulation to increase the NFT’s attributes or capabilities.
Guaranteed Reward: As players drive certain distances, they earn guaranteed rewards, creating a predictable sink for $SRC tokens, ensuring constant demand.
Repair Costs: Maintaining and repairing NFT assets incurs costs, providing another token sink to balance the economy and reduce the number of tokens in active circulation.
Repair Item: Items required for NFT maintenance must be purchased, further consuming $SRC tokens.
The interplay between these two sides ensures a sustainable economy:
Players are motivated to engage in driving activities to earn SDP and $SRC tokens.
The earned tokens can be spent within the game to improve NFT assets, which in turn can lead to earning higher rewards, creating a feedback loop.
Strategic token sinks, like NFT Synthesis, ensure that tokens are regularly taken out of circulation, which helps to mitigate inflationary pressures and maintain the token's value over time.
Balancing the rate of NFT minting with consumption activities like upgrades and repairs ensures a stable economy where the value of in-game assets is preserved.
