$ELDEN and $KNIGHTS: What You Need to Know About the In-Game Currency of Elden realm

In order to promote healthy and balanced gameplay, there will be an in-game currency implemented in Elden realm. This post will give a brief overview of what $ELDEN and $KNIGHTS are, and how they can be used within the game.

$ELDEN is an ERC20 standard token that connects the P2E, Governance, Marketplace, NFT transaction, and purchase of player character from Genesis NFT holders. $ KNIGHTS will act as the medium of exchange within the ecosystem. After release of the game, it can be used to award player for their achievements, PVP participations, occupying leaderboards as well as transacting in-game assets through the Marketplace. $KNIGHTS token not only powers the entire ecosystem but also can be a lucrative source of real-world income for the players, therefore it is critical that we take extra caution in developing its tokenomics

we can see that there are two different types of currency that will be prominent in Elden realm - $ELDEN and $KNIGHTS. While $ELDEN is more focused on being a stablecoin that can be used for things like governance and NFT purchases, $KNIGHTS is designed as a utility token to be used within the game itself. Players will be able to use $KNIGHTS to buy items from the Marketplace, participate in PVP activities, and more.

One key thing to note is that because $KNIGHTS is a utility token, its value will fluctuate depending on demand. This means that players will need to be careful when spending their $KNIGHTS, as the value could go up or down at any time. However, this also presents an opportunity for players to earn real-world income by carefully managing their $KNIGHTS tokens.

$ELDEN and $KNIGHTS are two important tokens that every player should be aware of before playing Elden realm. By understanding how these tokens work and what they can be used for, players will be able to make the most out of their game experience.

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For more information

Website: https://eldenknights.com/
Whitepaper: https://eldenknights.com/wp-content/uploads/2022/09/ELDEN-Knights-3.pdf
Twitter: https://twitter.com/elden_knights
Telegram group: https://t.me/EldenKnightsOfficial

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