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Everything You Need To Know About DARKTIMES

Discover how DARKTIMES integrates the $TIMES token for gameplay rewards, purchases, and staking opportunities. Learn about its impact on the game's economy and future developments.

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Eliza Crichton-Stuart

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DARKTIMES Introduces $TIMES Token for Unique In-Game Economy

Big Kid Studios Pty Ltd, an Australian game development company, has announced exciting details for its upcoming game, DARKTIMES, a multiplayer brawler royale set in a dark fantasy world inspired by Nordic mythology. In collaboration with Animoca Brands and Blowfish Studios, the studio aims to deliver a competitive, action-packed experience that integrates magic, medieval combat, and a dynamic, player-driven economy powered by the $TIMES token.

DARKTIMES Introduces $TIMES Token for Unique In-Game Economy

DARKTIMES Cover Banner on X

About DARKTIMES?

DARKTIMES offers a unique and immersive gameplay experience, combining fast-paced battles with a physics-based combat system. Players can engage in both individual and team-based combat, utilizing any moving object as a weapon, which adds a level of unpredictability and strategy to the game.

A central element of the gameplay is the Loot Goblin, a special character that players can hunt to earn additional rewards, keeping the experience engaging and competitive. The dark fantasy setting of DARKTIMES is enhanced by its Nordic-inspired medieval world, where players can explore both combat and magic. This combination of detailed world-building and competitive gameplay sets DARKTIMES apart from other titles in the brawler genre.

Introducing the $TIMES Token

At the core of the DARKTIMES experience is its $TIMES token, a key element in the game’s economic system. Managed by Social Republic Limited (SRL), the token serves multiple purposes, offering players a way to enhance their in-game experience while providing economic benefits through a carefully designed model.

Key features of the $TIMES token include:

  • Battle Passes: Players can purchase battle passes using $TIMES, which unlock higher tiers of rewards and exclusive content.
  • In-App Purchases: $TIMES allows players to buy in-game items, equipment, and abilities, providing more customization options and progression opportunities.
  • Exclusive Access: Holding $TIMES tokens grants access to special events, such as developer chats, early content releases, and members-only experiences.
  • Staking Rewards: Players can stake their $TIMES tokens, earning returns based on the length of the staking period, incentivizing long-term commitment to the game’s economy.
  • Burn Mechanism: To maintain token value, a portion of $TIMES is burned during transactions, reducing the overall supply and introducing a deflationary effect.
DARKTIMES Introduces $TIMES Token for Unique In-Game Economy

$TIMES Token Explainer

Tokenomics Explained

The $TIMES token is designed with a total capped supply of 1 billion tokens, ensuring long-term scarcity and value preservation. Tokens are distributed according to a vesting schedule that aligns with the game’s development and operational liquidity requirements. Staking offers additional value for players, who can lock up their tokens for a specific period to earn annual percentage yields (APY).

The longer the staking period, the higher the APY, encouraging players to hold onto their tokens and invest in the game’s ecosystem. To further incentivize holding, DARKTIMES rewards long-term token holders with special drops and limited-edition cosmetic items, reducing the number of tokens in active circulation. The burn mechanism is a key component of DARKTIMES’ economic design.

As players engage with the game and make in-game purchases, a percentage of the tokens used in these transactions is burned. This deliberate reduction of the circulating supply is intended to create upward pressure on the token’s value, benefiting long-term holders as demand remains steady or grows.

DARKTIMES Introduces $TIMES Token for Unique In-Game Economy

 $TIMES Token is Design

Token Listing and Future Plans

The $TIMES token is scheduled to be listed before the end of September 2024, accompanied by a marketing campaign led by Rune Run, a division of Social Republic Limited known for its success in engaging large player bases. The campaign will target both gamers and investors, aiming to raise awareness and encourage adoption of the token.

Partnerships with notable entities such as Animoca Brands are expected to further increase the token's visibility and accessibility. Beyond its initial launch, DARKTIMES is positioned to grow into a transmedia franchise, with plans to extend the game’s presence across multiple platforms and media. As of now, the game is in early development, with a pre-alpha playtest scheduled for late Q4 2024.

Future plans include:

  • Expansion to Mobile and Console Platforms: DARKTIMES aims to become available on both mobile devices and consoles, broadening its reach and accessibility.
  • Anime and Other Media Projects: In addition to the game, development is underway for anime shorts that explore the lore of DARKTIMES. Depending on the reception of these initial projects, further expansions into other forms of media are anticipated.
  • Merchandise: Both physical and digital merchandise based on the game are expected to be introduced, offering fans new ways to engage with the DARKTIMES universe.
DARKTIMES Introduces $TIMES Token for Unique In-Game Economy

DARKTIMES Partners

Final Thoughts

With its combination of intense multiplayer battles, a unique physics-based combat system, and an economy centered around the $TIMES token, DARKTIMES is poised to offer a fresh experience in the competitive gaming space. The game’s deflationary token model, staking rewards, and exclusive in-game benefits encourage long-term engagement and investment. As DARKTIMES moves closer to its launch, its transmedia aspirations and partnerships with prominent gaming entities signal significant potential for growth across multiple platforms and media. More information is available here.

Source: playtoearn.com


Game Updates

updated:

September 24th 2024

posted:

September 23rd 2024

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