Alchemist Republic is powered by Klaytn smart contract technology, developed by South Korea's largest mobile platform developer Kakao, its own blockchain subsidiary Ground X.
About Alchemist Republic project
Alchemist Republic — an innovative GameFi platform, developed by Blue Baikal, with the corresponding Blue Baikal token ($BBC) as its flagship currency. This is not a P2E game, but a platform that offers game developers a solution to enter the #PlayToEarn field with their existing products. As for gamers, they can create NFTs in any game, available on AlchemistRepublic and participate in true P2E.
Ultimately, this is the home where gamers and developers can bridge the gap between the digital world and the real world with a true DeFi experience, powered by crypto and gaming. It's a gaming revolution that offers the added value of the fun and lucrative GameFi economy.
Other features:
| 1 | Gamers can secure various NFT card assets by using project features to issue, purchase and trade NFTs. |
| 2 | In addition, they can add value to these assets through merger, upgrade, polish and lending functions. |
Developers don't need technical knowledge to incorporate NFT and DeFi into their games, nor do they need to worry about complex token economics or balancing the game economy, as Alchemist Republic conveniently takes care of the entire process with minimal data integration.
Platform token
BBC tokens are distributed as users consume the tokens to purchase NFT cards and repurchase them through NFT card deposits and interest. A certain amount of used BBC tokens comes back to the pre-reserved account. This will keep the value of the token and the other part is burned to increase the value of the token. The stronger the effect of the AlchemistRepublic service, the more active the staking and burning of BBC tokens will be. This will ultimately boost the value of the BBC token and position it as a deflationary asset.