What You Can Do With $REALM In The Realm Metaverse
Discover eggs containing rare NFTs, earn $REALM for creating and mastering your realm, purchase in-game items for your NFT living pets, and have a voice in community governance! We’ve got lots of things planned for your $REALM.
Our Allocation Mining Event (AME) with Launchpool launches today! It will be the first time the $REALM token will be available publicly. So what can you do with $REALM?
Here’s what we have planned:
What is $REALM
$REALM token is a cross-chain token that functions as the primary utility token within the Realm metaverse.
$REALM is initially an ERC-20 token that will also be available on Reef Chain, Polygon Layer 2 and BSC chains, which provides low-cost transactions for players. Players can use one click bridges to move their tokens between different chains.
$REALM’s long-term value
We’ve made key design choices to increase the value of $REALM tokens over time by decreasing the circulating supply. As creators build larger and more complex microverses the owners will be required to stake $REALM tokens to support its maintenance and utilise additional features such as a hyper portal, which increases their realm’s visibility.
Using $REALM in the Realm Metaverse
From in-purchase items to exploringing the Metaverse and finding eggs that contain rare NFTs, and community governance. Here’s what we have planned so far on how $REALM will be used.
- Purchases in realms: Players spend $REALM to purchase NFTix and access other realms, or purchase in-game consumables and cosmetic items.
- Rewards: $REALM will be rewarded to players for interacting with the Metaverse including creating and mastering realms, exploring other realms, discovering eggs with rare NFTs, and loot box rewards.
- Staking: $REALM staking provides players with rewards and in-game advantages. Rewards include limited edition Layer 2 NFTs and access to exclusive realms and content.
- Governance: Holding $REALM tokens will allow players to exercise key voting rights on major decisions about the future direction and development of the Realm ecosystem.
- Fees: 10% of all transactions carried out in $REALM tokens will be equally divided between the Realm foundation and Realm development and operations.
Realm is a cross-chain based NFT platform where designers, artists and developers can build their own personal metaverses, curate NFT exhibitions and events, and trade NFTs, NFTix and on-chain genetic pets.