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Alchemy Arena

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What is Alchemy Arena?

Alchemy Arena — the first step in a series of planned pick-and-play games. In this project, you mint and collect unique NFTs (which you can also trade freely).

Contents:

  1. Economics of the Alchemy Arena project
  2. Other dapp usage details

Alchemy Arena

Economics of the Alchemy Arena project

Alchemy Arena lets you play with the classic Alchemy game: you can melt two toy NFTs to get a new, more expensive one. If you manage to donate (burn) all different types of toys, you will receive most of the in-game treasury, paid out in BNB.

If you fail to “win the pot” in one round, you will still save all your toys and can repeat the game the next day.Alchemy Arena

The idea for the Alchemy Arena was born in 2020 when the hype around NFT Art began to gain traction. The team is also an avid NFT collector and sees this as the future of digital art and collectibles. As the weeks passed, other "art" NFTs began to appear, diluting the offer and raising questions about the base value of the collected items, in addition to their intrinsic scarcity, caused by the blockchain.

Some features:

1 To make collecting more fun, the developers started thinking about using collectible NFTs in a multiplayer card game that collects all minting and trading fees in the game treasury (like the network currency) and also pays out rewards in that currency.
2 The first token - the unique TOY NFT (ERC721), that you mint in AT.
3 The second, GAT, is a limited supply of 1 million ERC20 compliant tokens. It is designed for styling in AT, in the first stage.

GAT stands for "Game Ace Tokens" - they will serve as keys to "unlock" things in games or provide special rights. The maximum total GAT supply - one million. You can block / unblock them at any time. By blocking them in the game, you are entitled to receive 20% of the entire game treasury at the end of the game era, paid in BNB.

Other dapp usage details

There are no introductory documents on the site. To get more information about the site, you need to connect the MetaMask or Binance wallet.

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