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    • IC1101 Explorer Coin - $IEC
    • IC1101 World Token - $IWT
    • Introducing Jumbo: Your Key to the IC1101 X-to-Earn Adventure
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  • Token Generation and Consumption
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  • Space-based Reward System
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Tokenomics - X to Earn

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Last updated 9 months ago

IC1101 boasts a powerful tokenomics model fueled by two core tokens: the IC1101 Explorer Coin ($IEC) and the IC1101 World Token ($IWT). These aren't just any digital assets; they're the foundation for a dynamic ecosystem teeming with diverse applications and immersive experiences.

  • IC1101 Explorer Coin - $IEC

  • IC1101 World Token - $IWT

Token Generation and Consumption

Last updated: 2024/06/08

Currency

Currency
Type
Supply

IC1101 Explore Coin ($IEC)

In-game soft currency, non-transferable

Unlimited

IC1101 World Token ($IWT)

In-game utility and governance token

10,000,000,000

Boosters

In-game Boosters that provide $IEC and $IWT production bonuses to users:

  • IEC Booster: Increases $IEC production

  • IWT Booster: Increases $IWT production

Boosters can be either permanent or temporary:

  • Permanent Boosters: These boosters are attached to an item and will provide a permanent bonus to that item's production.

  • Temporary Boosters: These boosters are obtained through a lottery or other means and will provide a bonus for a limited time, such as 30 minutes.

Digital Assets

Item

Item Type
FT Item
NFT Item

Supply

Unlimited

Limited

Acquisition

  1. In-game Purchase;

  2. Event Reward

  1. Space Upgrade;

  2. Event Reward;

  3. Marketplace Purchase;

  4. Secondary Market Trading

Purchase

$IEC

$IWT

Upgrade

$IEC

$IEC / $IWT

Reward

$IEC / $IEC Booster

$IEC / $IEC Booster / $IWT

*Dependent on the NFT Item type.

*An NFT Item cannot generate both $IEC and $IWT.

ItemNFT Rarity Design

NFT Type
General ItemNFT
Rare ItemNFT (Epic, Legendary)

Source

  1. $IEC consumption ranking reward;

  2. Space upgrade

  1. Marketplace purchase ($IWT);

  2. Random drop among Space Reward

Supply

Limited

Limited

Reward

$IEC Booster

$IWT

$IEC Booster

Space

Space Type
FT Space
NFT Space

Supply

Unlimited

Limited

Acquisition

  1. In-game Purchase;

  2. Event Reward

*The first in-game purchase is Free

  1. Space Upgrade;

  2. Event Reward;

  3. Marketplace Purchase;

  4. Secondary Market Trading

Space Purchase

$IEC

$IWT

Space Upgrade

$IEC

$IEC / $IWT

Space Prosperity

$IEC

$IEC / $IWT

Reward

$IEC Booster / $IWT / Item *TBC, random drop, probability related to player level

$IWT

*Each level upgrade has a fixed reward

SpaceNFT Rarity Design

NFT Type
Source
Supply
Reward

Small SpaceNFT

  1. Space Upgrade;

  2. Event Reward;

  3. Marketplace Purchase;

  4. Secondary Market Trading

Limited

$IWT

Medium SpaceNFT

  1. Space Upgrade;

  2. Event Reward;

  3. Marketplace Purchase;

  4. Secondary Market Trading;

  5. SpaceNFT Merging

Limited

$IWT

Large SpaceNFT

  1. Space Upgrade;

  2. Event Reward;

  3. Marketplace Purchase;

  4. Secondary Market Trading;

  5. SpaceNFT Merging

Limited

$IWT

Rare SpaceNFT

  1. Event Reward;

  2. Marketplace Purchase;

  3. Secondary Market Trading;

  4. SpaceNFT Merging

Limited

$IWT

*Comes with special items to boost $IWT production

All SpaceNFTs are limited supply and obtainable through:

  • Space Upgrade (x%) - Consume $IEC to upgrade Space(x% chance).

  • IC1101 Sale (y%) - Purchase a Space through an IC1101 Marketplace sale(y% chance).

  • Random Drop (remainder) - Remaining SpaceNFTs (1-x%-y%) drop randomly in-game.

Example:

  • 30% Large SpaceNFTs: Direct purchase from Marketplace

  • 60% Large SpaceNFTs: Consume $IEC to upgrade (60% chance)

  • 10% Large SpaceNFTs: Randomly drop from event rewards

  • SpaceNFT storage is limited to 5 per user(TBC)

Merging SpaceNFTs

Merging SpaceNFTs can increase their size and boost $IWT production.

  • X Small SpaceNFTs + X $IWT = 1 Medium SpaceNFT

  • X Medium SpaceNFTs + X $IWT = 1 Large SpaceNFT

  • Additional Notes

    • The specific ratios for merging are yet to be determined.

    • In certain special events, users can participate in raffles by merging SpaceNFTs. These raffles offer a chance to win exclusive and rare SpaceNFTs. These unique spaces will contain limited-edition items that provide either gameplay-enhancing benefits or decorative elements.

Space-based Reward System

  • Acquire ($IEC): Purchase ItemFTs and SpaceFTs.

  • Upgrade ($IEC): Level up FTs for increasing low-value asset yield.

  • Convert ($IWT): Transform high-level FTs into limited-edition NFTs.

  • Upgrade ($IEC): Level up NFTs for increasing high-value asset yield.

  • Space Prosperity($IEC/$IWT): Ensure space prosperity level for continuous production.

Earning Paths

Item Flip: Upgrade FTs, convert to NFTs, sell for profit ($IWT).

Space NFT Farming: Upgrade/buy Space NFTs, earn $IWT, sell for profit.

Free-to-Play Exploration: Earn $IEC, find tradable assets (NFTs, $IWT) in-game, sell for profit.

Space Shares Investment: Invest in Space Shares for revenue share.

Tokenomics
$IEC Boosters
Digital Assets for Rewards
SpaceNFTs