Tokenomics
$COIN the In App Currency
Plant Crossing App has a utility currency called $COIN which cannot be traded outside the App. Users can earn $COIN in the game through daily walking or convert via the platform token $AVA with certain rates. This currency will mainly serve as in-app consumptions such as purchasing items, cost of upgrading botans and etc. More details will be announced later.
$AVA the Platform Token
The $AVA token is the only platform token of the Plant Crossing as well as the whole Avalon project. It serves as incentives in the Arena mode while users need to consume $AVA to ascend or breed Botans. During the Alpha test, the $AVA token will be set as a test token onchain which cannot transfer or interact to other addresses expect the ones in the whitelist such as the smart contracts of the App. When the official token launches in Open Beta Stage, a special airdrop will be hold to distribute rewards to early participants. More details will be announced later.
In the future, with the growth of the project, the $AVA token will become the only token with many new utilities scenarios and value propositions within Avalon platform. For instance, users can convert certain loyalty points of a brand into onchain tokens and purchase digital blind boxes by consume $AVA token as gas fee.
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