Volatility in the value of in-game Tokens.
The prices of the game tokens and NFT fluctuates a lot.
Fluctuations in market sentiments can decimate players' capital. If the internal economy of the game doesn't work without external token activity influencing it, then the game is starting off on an unstable foot that will be hard to build out of. Market downturns mean players lose everything. The two economies should operate independently.
Solutions:
Firstly, we recognize the volatility of the crypto market and have taken measures to safeguard the players from losses caused by external factors. We opted to use fiat tokens as the medium for purchases and payments in-game while earnings are paid out in our native token(GVERSE). Players can decide to swap the earned tokens to fiat or stake them and earn even more tokens. NFTs too are pegged to fiats(busd). Players would be assured their in-game items won't suddenly lose value but would depend solely on scarcity and demand.
Last updated