
How QORPO World is building a sustainable Gaming Token
Gaming tokens are usually volatile, and gamers, holding these tokens, know this well enough.
With repeated experiences of grinding on the space to get game tokens, and doing all the quests on Galaxe. Logging hundreds of hours playing games only to see the token value plummet overnight a few days after TGE — nothing is more gut-wrenching than this.
The QORPO World team has spent more time building a sustainable gaming token. By designing sustainable tokenomics around the $QORPO token and the right economy. The $QORPO token is set to thrive even further and bring more value to gamers and the game.
The question remains: Can gaming tokens be built sustainably?
The play-to-earn model for games built a possibility for gamers to withdraw and spend gold coins that have fiat-backed value,
But gamers still face challenges with gaming tokens due to market volatility; the value of tokens earned from grinding plummets overnight and turns into gold coins you can’t use. This instability is usually caused by inflation and oversupply.
Additionally, the tokens’ lack of utility and interoperability limits their use to a single game or platform, reducing their overall value and appeal. These issues undermine the rewards and efforts of gamers and erode trust in the gaming token ecosystem.
Building a sustainable gaming token presents exciting opportunities to scale economic viability, foster community and governance, enhance interoperability, and emphasise digital ownership,
Allowing gamers to play for fun and get rewarded with tokens that hold value both in and off their game.
A well-designed token should not just motivate players like you to engage with the game, creating a vibrant ecosystem that gamers love is even more important. And this is what the team at QORPO world has come to understand and have built.
With models like Play-to-earn (P2E), gamers earn tokens through gameplay. However, sustainable tokens must balance scarcity and utility through thoughtful tokenomics and a robust gaming economy to maintain token value.
This is what QORPO World has built with the $QORPO token.
QORPO WORLD is a platform that unifies Web3 games, esports, and a digital marketplace. It’s powered by the versatile $QORPO token, which serves as the backbone of the ecosystem — a multi-game built to balance value and fun in the QORPO world.
At its core, $QORPO is built on a foundation of smart tokenomics. This isn’t just about creating value out of thin air – crafting an economic system that rewards players, supports developers, and fuels long-term growth. With utilities like:
Burn Mechanism
Where every transaction within the QORPO ecosystem burns 50% of the $QORPO tokens used, this deflationary model creates scarcity over time, potentially increasing the value of remaining tokens.
Redistribution and Buyback
A portion of each transaction is redistributed back to token holders. This rewards loyal community members and incentivizes long-term holding. Also, the platform uses a portion of its revenue to buy back and burn tokens, adding another layer of deflationary pressure.
In-game purchases and Season Passes
Players can use $QORPO to enhance their gaming experience by purchasing in-game items, cosmetics, and other virtual assets. Also, $QORPO allows players to access exclusive content through season passes, providing additional value and engagement.
Unlike single-game tokens, which often face declining value and utility as player interest wanes, $QORPO stands at the centre of all QORPO World products. However, its tokenomics structure and cross-ecosystem utility are probably one of the most exciting things about $QORPO.
Tokenomics of QORPO World and Cross-Ecosystem Utility
Tokenomics, or the economic structure of a token, is crucial to understanding its sustainability and utility. $QORPO has a meticulously designed tokenomics model that ensures stability, growth, and community engagement.
Limited Supply and Deflationary Mechanism
$QORPO employs a deflationary model where a portion of tokens is burned with every transaction. Specifically, 50% of the tokens used in-game transactions are burned, reducing the overall supply and increasing the value of the remaining tokens over time.
Staking and Rewards
Token holders can stake $QORPO to earn rewards. This not only incentivises holding but also supports network security and stability. The staking mechanism allows users to earn a passive income, promoting long-term investment in the ecosystem.
Governance
$QORPO holders have a say in the platform’s future through a decentralised autonomous organisation (DAO). They can propose and vote on changes, ensuring that the community’s voice shapes the development and evolution of the QORPO World.
As Rass Bakala, co-founder of QORPO World rightly said; If you want to get into any tokens, just look at the product, especially if you are into games … Gameplay is the only metric you should look at.
Citizen Conflict and Aneemate having both trended on the first page of Epic Games, have one of the most exciting gameplay with $QORPO designed to be the central token across both ecosystems.
Now gamers can explore various games, participate in campaigns, discover rare NFTs, and have access to numerous utilities like
- Gaming Ecosystem: $QORPO is the lifeblood of QORPO World’s gaming universe. It’s used for in-game purchases, accessing premium content, and participating in special events.
- Esports and Competitions: Players can use $QORPO to enter tournaments, wager on matches, and earn rewards from competitions. This integration bridges casual gaming with the competitive esports scene, fostering a robust and active community.
- Digital Marketplace: The QORPO Marketplace is a hub for buying, selling, and trading NFTs. $QORPO serves as the primary currency for all transactions, ensuring seamless trade of digital assets, from rare NFTs to game enhancements.
Utilities are only as important as the value they bring to the user experience. With QORPO World, and all the products built, the value to each gamer and stakeholder is enormous and it’s the $QORPO token that stands as the reward mechanism of this experience.
QORPO World Tokens, Your Power – Own It All!
It’s pretty obvious how $QORPO is more than just a gaming token; it’s a pillar of a sustainable and interconnected gaming ecosystem.
As more games launch and the ecosystem expands, $QORPO’s utility and demand will only grow. The anticipated launch of games like Citizen Conflict and Play Aneemate will bring more users and transactions into the ecosystem.
Each new game, event, or marketplace feature adds to the token’s value proposition, creating a dynamic and ever-evolving landscape.