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Official Launch of Champions Arena by Gala Games Platform

Official Launch of Champions Arena by Gala Games Platform WikiBit 2023-08-24 23:09

Official Launch of Champions Arena by Gala Games Platform

Champions Arena is a turn-based role-playing game available on PC, iOS, and Android platforms. It has been officially launched. Players can have playable Champions in the game, upgrade these characters to be better and stronger, and compete for in-game rewards and other prizes.

The game primarily utilizes the $

Gala token

as the currency within its economic system and has designed an economy to define the creation, distribution, and utilization of on-chain and off-chain assets within the Champions Arena.

CHAMPIONS ARENA Economy

Participants in the Champions Arena economy can start by either utilizing the free database Champions, upgrading them through gameplay and Gems and minting them, or they can acquire Champion NFTs to own their in-game assets and unlock transferability of their progress.

The only way to earn $Gala in Champions Arena is by earning Victory Points in the PvP economy. These Victory Points are converted to $GALA at the end of each day, UTC time 3:00 AM. Victory Points can only be obtained in arena matches when at least 1 NFT or NFT-Ready (NFTR) champion is used in the player's team.

In the arena, the base Victory Points are 10 VP. The variation in points depends on the percentile ranking and the level of NFTs used, among other factors.

Competitive Score Multiplier:

Competitive Score Multiplier:

Bronze (Rank: 0%-40%) - 0.05x multiplier;

Silver (Rank: 40%-65%) - 0.8x multiplier;

Gold (Rank: 65%-80%) - 2.5x multiplier;

Platinum (Rank: 80%-90%) - 4x multiplier;

Diamond (Rank: 90%-95%) - 15x multiplier;

Master (Rank: 95%-98.5%) - 24x multiplier;

Champion (Rank: 98.5%-100%) - 30x multiplier.

NFT Multiplier Addition (per CHAMPION NFT used in match)

Common — 0.05

Uncommon — 0.1

Rare — 0.2

Epic — 0.35

Legendary — 0.7

New Champion Multiplier — Using a Champion released within the past monthNew Champion Multiplier - 1 + (0.15) * each New Champion. For example, 2 New Champions = 1 + (0.15 * 2).

The scores for the multipliers accumulate, and the sum of the three scores forms a player's total Multiplier. The final earned VP = Multiplier * 10 base VP.

$GALA distribution occurs at 3:00 AM in Coordinated Universal Time (UTC) each day. The method involves calculating the total victory points earned by the player pool for that day and converting a player's victory points to $GALA based on the ratio defined by the day's level of game participation.

Leasing System - Nexus NFT

Nexus NFTs will be the rental vehicle in Champions Arena — that is, they will be the manner in which idle Champion NFT owners and dedicated players with no NFTs can connect and start to earn collaboratively.

Specifically, If a Champion NFT owner utilizes a Nexus by attaching a Champion NFT to that Nexus, another player would then be able to play with that Champion and potentially earn $GALA without owning the Champion NFT. Any Victory Point rewards derived from the usage of a Champion NFT attached to a Nexus would be split between the Nexus owner, Champion NFT owner, and player according to rates shown below.

On the whole, the economic model of Champion Arena utilizes point allocation to ensure controlled daily release of $Gala tokens. By leveraging the game's entertainment value and the dual nature of NFTs as both money-making assets and production tools (leasing), the attractiveness of the game is enhanced. This strategy encourages users to purchase NFTs, thus establishing a positive economic flow for Champion Arena.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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