Foonie Magus, creators of the first-ever web3 god game Apeiron, today announced the launch of Apeiron’s core ecosystem token $APRS on Bybit, a top-three cryptocurrency exchange by volume with 20 million users.

The $APRS Token Generation Event (TGE) will go live on Bybit on March 26th at 9 am UTC and on March 27th at 9 am UTC on the Katana DEX. For the first time, $APRS will be publicly tradeable. In this article, we will cover everything you need to know about the $APRS token listing and in-game tokenomics.

Premium Ecosystem Token

Apeiron is finally launching its premium ecosystem token $APRS to the public. Users will be able to buy, sell, and trade $APRS on Bybit, a tier-one centralized exchange, and on Katana, Ronin’s very own decentralized exchange. 

The team wants to make sure everyone is well equipped for the $APRS’s launch on March 26th, so they will be first providing those interested with some basic info on terminologies, and then more details down below.

Centralized Exchange (CEX)

A CEX is an online trading platform that allows you to buy, sell, and swap crypto assets. It’s owned and operated by a private company (e.g. Bybit, Coinbase, Binance, Kraken, etc). Most CEXs will require users to sign up and open an account to participate, and a majority of CEXs demand Know-your-Customer / Anti-Money Laundering (KYC/AML) ID verification to trade.

Decentralized Exchange (DEX)

A DEX is a peer-to-peer (P2P) marketplace where users can trade crypto as well as other digital assets. Think of it as a set of blockchain-based smart contracts that facilitate the exchange of tokens directly on the blockchain without the need for an intermediary. 

Recap of $APRS utilities

$APRS is used for expanding the ecosystem of Apeiron NFTs. It is a key component of Celestial Conjunction (Planet Breeding), and is also used in Apostle and Relic minting and for staking Expeditions. It can also be used to pay for Orbital Renting to gain an aging bonus for your Planets. Basically, in order to create Apeiron NFTs, $APRS is essential.

Additionally, in the forthcoming Apeiron Top-up Store, $APRS will be able to be exchanged into the game as Aperium. Aperium will be used to purchase seasonal Battle Passes, unlock more inventory spaces, and train the in-game DoodGPT NPC AI system. Aperium will also be used as currency in the Premium Gacha and Aperium Shop (coming soon). Read more about $APRS on their Whitepaper here.

$APRS on Bybit

Since 2018, Bybit has aimed to revolutionize traditional finances and serve as the Crypto ARK for the web3 ecosystem. In just three years since their launch, they surpassed a daily trading volume of 70 billion USD and evolved into a comprehensive crypto exchange with diversified offerings. 

Before the token listing occurs, a Launchpool staking event will be held for participants interested in staking $APRS, $USDT or $BTC to earn additional $APRS. The launchpool will begin at 8 am UTC on March 26th and run until April 11th 8 am UTC. The token listing itself will be on March 26th at 9 am UTC. Additionally, there will be a special Apeiron x Bybit $APRS Airdrop event, details to be announced soon.  

$APRS on Katana

The team is also set to launch $APRS on Katana. For those wondering, Katana is a decentralized exchange on the Ronin blockchain, a leading cryptocurrency trading exchange that offers a diverse selection of the most popular cryptocurrencies.

The $APRS and $RON pair on Katana will be going live on March 27th at 9 am UTC. Once this launches, users will be able to trade between $APRS and $RON (i.e. buy $APRS using $RON and vice-versa, sell $APRS to $RON). Users will also be able to provide liquidity on Katana to earn fees from transactions. More about Katana. 

More About Apeiron?

Apeiron is the world's first NFT-based god game on the Ronin Network. Apeiron will feature a unique rogue-lite dungeon card-battler combined with god game simulation gameplay inspired by classic god games like Populous and Black & White.

Apeiron is developed by a team of 60 Hong Kong developers with their prototype generating one of the largest single-game seed fundings in web3 from investors including Hashed, IVC, Morningstar Ventures, Spartan Group, DeFiance. To date, Apeiron has raised $24 million. 

50k Daily Active Users

As a leading web3 game with over 50k Daily Active Users (DAU), Apeiron is a casual competitive hybrid mobile game where players command a godly avatar to convert their planet's Doods to become followers, summon extraordinary miracles to shape their worlds, and engage in card-based combat against the forces of the Mad God Chaos.

Apeiron has a unique NFT-centric model that enhances players' strategic choices with real economic implications, giving players the power to trade and invest in the world they help to flourish.

As the core ecosystem token, $APRS is mainly used for expanding the ecosystem of Apeiron NFTs.  Players will be able to breed new Planet NFTs and mint Apostles for either playing, renting or selling, using their marketplace DAPP and $APRS.

Additionally, in the forthcoming Apeiron Top-up Store, $APRS will be able to be exchanged into the game as Aperium. Some early uses in the game include seasonal Battle Passes, additional inventory space, and training the in-game DoodGPT NPC AI system.

“Building upon the concepts laid by Axie Infinity's token breeding model, which correlates NFT value with their actual cost creation, Apeiron tokenomics represents the next generation of web3 gaming. This foundation, combined with scholarship and rentals was the key to Axie’s success, and we plan to further improve the model by refining supply management and implementing vigilant monitoring. Today’s listing of $APRS on Bybit marks the beginning of a deeper ecosystem we've been meticulously crafting for over 8 years,” commented Frank Cheng, CEO of Foonie Magus.

Airdrop Extravaganza

As part of the token listing, Bybit will also host a Launchpool staking event featuring $APRS, where players can buy $APRS and stake it to earn more tokens which will run from March 26th at 8 am UTC to April 11th at 8 am UTC. Additionally, Bybit and Apeiron are introducing an Airdrop Extravaganza where players can complete social media and referral tasks to earn more $APRS. For more information on how to participate, visit Apeiron. To play Apeiron’s Arena Open Beta, please visit the Epic Game Store. Apeiron’s global mobile game launch, featuring a new PvE and story mode, is expected in Q2 of 2024.

Final Thoughts

Apeiron joined the Ronin movement in December and has already seen explosive growth since they migrated to Ronin. Their four NFT collections have already done over 75K RON in volume, and their monthly active users have grown from 50 to 24K in just a few months. The launch of their $APRS token is another step in a journey that is just beginning.

This article was inspired by an original blog post from Ronin you can read the full post on their website here for more information.

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