Embark on an Epic Journey in Cryptopia: Conquer as a Tycoon, Thrive as an Adventurer, or Rule the Seas as a Pirate!

Coinstore
6 min readSep 6, 2023

What is CRT and what does it solve?

CRT, which stands for Cryptopia Token, serves as both the in-game currency and the backbone of the economy within the Cryptopia game universe. It is used to denominate all fungible and non-fungible assets such as resources, items, modules, and blueprints. Having a single native token as the in-game currency simplifies trading and exchanges among players, fostering a more unified and stable in-game economy.

CRT addresses the need for a standardized currency within the game world, ensuring that all players can easily understand the value of different assets and engage in transactions without the complexity of multiple currencies.

Beyond its role as an in-game currency, CRT also contributes to the immersive storytelling of Cryptopia by being a reflection of the values and factions within the game universe. It ties into the contrasting agendas and aspirations of the Tech, Traditional, Industrial, and Eco factions, each driven by their unique vision for the new society in Cryptopia.

In essence, CRT solves the challenge of creating a coherent and accessible in-game economy while also enhancing the narrative depth and gameplay dynamics by aligning with the different factions and their ideologies within Cryptopia.

Token Overview

  • Token name: Cryptopia Token
  • Token symbol: $CRT
  • Total supply: 10,000,000,000 (Ten billion)
  • Total circulation Supply: -

Coinstore Listing

  • Trading pair: CRT / USDT
  • Trade time: tba
  • Withdrawal time: tba

What are the Utilities of CRT?

CRT (Cryptopia token) is an ERC777 token bridged between multiple blockchains such as Ethereum and Polygon

1. Economic Transactions

  • In-Game Currency: CRT is the default currency players use to pay for items and services within the game. Examples include buying basic blueprints and other items, paying workers (construction workers for building projects, factory workers for resource refinement and item creation), and paying for game services like increased marketplace visibility or community verification.
  • Labor Compensation: Players are both the payers and recipients of CRT in diverse labor roles. For example, a player might employ construction workers by paying them in CRT to speed up building construction. Similarly, factory owners can pay factory workers in CRT to operate machinery for resource refinement (ERC-20) or item production (ERC-721). This dynamic balance nurtures an equitable in-game labor economy.
  • Auctions and Bidding on Marketplace: Engage in competitive bidding and auctions using CRT to secure valuable items and resources.

2. Governance and Moderation

  • In-Game Staking: Required for participation in critical governance and moderation functions, staking of CRT takes place within specific in-game buildings.
  • Courts: For resolving disputes, such as username appropriateness, a token-backed mechanism led by elected moderators or an organized court session handles the deliberation. This involves staking CRT as a security deposit from both parties.
  • Oracles: Players can stake CRT to verify personal data like age or location. Verification includes social media-based tasks that further bolster community trust.

3. Tax Mechanism

  • Tax Allocation: Cryptopia’s tax system plays a vital role in sustaining the game’s ecosystem. A portion of the CRT spent in various in-game activities is directed into the treasury. These funds are crucial for the game’s longevity as they are allocated for quest rewards, community initiatives, and other incentives that keep players engaged.

Examples:

  • Labor Compensation: When a player pays CRT to employ a construction worker, a percentage of that payment is taxed and directed into the treasury.
  • Social Post Mechanism: If a user spends CRT to boost the visibility of their social post, a small portion is taxed and contributed to the treasury.
  • Advertising: When players spend CRT to secure advertising spaces, a share of that payment is taxed into the treasury.

The diversified sources of tax, from labor payments to social interactions and advertising, create a well-balanced and healthy game economy, ensuring a rewarding and sustainable experience for all players.

4. Community and Social Engagement

  • Membership Tiers: Access to privileged game features and social circles comes with holding specific amounts of CRT.

Social Post Mechanism

  • Visibility Boost: Users can spend CRT to enhance the visibility of their posts.
  • User Rewards: Other users can reward quality content by sending CRT, making these tokens act similarly to ‘likes’ but with greater value.
  • Trending Post Advertisements: Authors of trending posts can host ads paid for in CRT. The major share goes to the author, while a smaller part is taxed into the treasury.

5. Virtual Real Estate and Advertising

  • Virtual Real Estate: Leverage CRT to rent high-value advertising spaces on key structures within Cryptopia, like skyscrapers, enhancing your in-game influence.

6. Game-Centric Uses

  • Cooldown and Crafting Times: Players can use CRT to shorten cooldown and crafting times. Players can instantly nullify crafting times by spending CRT or benefit from reduced crafting intervals by holding CRT in their accounts.
  • Skill and Character Upgrades: Use CRT to purchase advanced skills or character enhancements, including learning new recipes.
  • Item Enhancement and Repair: Utilize CRT to enhance or repair in-game items like tools, ships, and wearables. Players with the appropriate skillset can perform repairs without cost and earn CRT by repairing items for others. Ships can be repaired in docks for a CRT fee.
  • Guild Formation: The game charges a CRT fee for guild formation. Once formed, the guild operates as a Decentralized Autonomous Organization (DAO) with its own governance token.

What does the project ecosystem include?

The Cryptopia project ecosystem includes a rich and diverse array of gameplay features and mechanics designed to provide players with immersive experiences and opportunities for engagement:

  1. Tycoon Strategy

Claim: Stake your claim on land tiles, creating scarcity and raising land demand over time.

Construct: Build structures on your land tiles to tap into valuable resources, which can be traded or used for construction and production.

Harvest: Extract resources by constructing the right buildings, meeting material and human resource requirements.

Generate: Convert resources like coal into valuable tokens, such as electricity, which is essential for various aspects of the game.

Build an Empire: Strive to create a successful business empire, specializing in sectors like steel or infrastructure, and control parts of the market.

2. Adventure Strategy

Free-to-Play-and-Earn Concept: Players take on the role of adventurers, progressing through quests and earning experience points to upgrade their career levels and traits.

Ships: Each player gains a ship upon joining Cryptopia, serving as primary transport and an NFT tradeable asset.

Quests: Explore Cryptopia to apply and develop your skills, leading to wealth and new opportunities.

Career: Choose a unique career, offering services like building construction to other players, and level up through quests.

3. Pirates and Bounty Hunters

Pirates: Become a pirate by accumulating negative karma points, leading to unique gameplay elements and challenges.

Bounty Hunters: Players set bounties on pirates, allowing others to hunt them down for rewards.

4. Companions

Capture: Encounter creatures in the game and use capture cards and skills to make them your companions.

5. Crafting

Craft Valuable Tools: Crafting, a high-demand skill, allows Grandmaster-level players to create exclusive items for the market.

6. Marketplace

Swap Marketplace: Exchange fungible tokens for others based on market supply and demand, creating a unified market economy.

NFT Marketplace: Sell non-fungible tokens through auctions or fixed prices within the NFT Marketplace.

External Marketplaces: Enables the sale of NFT tokens through a bridge, facilitating the trading of NFTs on Ethereum-focused NFT exchanges like OpenSea.

7. Cryptopia Mutlsig Wallets and Nodes

Multisig Wallets enhances security for users. Unlike Single-Sig Wallets with a single point of failure, Multisig Wallets employ smart contracts requiring multiple signatures for transactions, safeguarding against unauthorized access. In Cryptopia, your account is the Multisig wallet, offering secure storage, direct trading, and MFA/2FA protection. Multisig technology ensures asset safety even if a device is compromised. Additionally, Cryptopia implements player-run nodes to establish a decentralized network, enhancing player interaction within the Metaverse. Nodes enable seamless communication, contributing to a dynamic gaming experience, with incentives attached to their use.

This comprehensive ecosystem offers players the opportunity to choose between two distinct gameplay strategies, engage in various economic activities, participate in faction dynamics, trade assets, and explore a world rich with quests, rewards, and progression. By combining elements of tycoon and adventure gameplay with unique faction experiences and trading features, the Cryptopia ecosystem provides a holistic and engaging gaming experience for players.

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