Reasons to Remember $FURY VOL2: Limited Supply & Deflationary System
In our 1st article, we’ve covered the overall crypto gaming market and discovered many reasons why gaming tokens will eventually become the new norm.
The main question now is: How to recognize the best gaming tokens with huge potential & longevity? There are quite a few factors to consider, with well-thought-through tokenomics being the major one. Let’s see how different token models affect any crypto project’s future & why $FURY tokens are in a league of their own.
Limited $FURY Supply Creates Scarcity
Projects can choose their token supply to be limited or unlimited. A limited supply means that there is a cap of possible tokens, which creates long-term scarcity. An unlimited supply means that there’ll be a neverending influx of tokens, which are usually acquired by the inflationary system or users who mint tokens.
Unlimited supply faces various challenges when it comes to price stability of tokens. That happens because the selling pressure from newly minted tokens is increasing over time. Most of the crypto gaming projects face this challenge as their utility tokens often have an unlimited supply.
At Engines of Fury, we have precisely planned our tokenomics, implementing mechanisms that allow mitigating selling pressure. $FURY supply is hard capped at 120,000,000 tokens and a rigorous 3 year vesting schedule.
The team only holds 10% of the tokens that are locked for the first year, compared to the 15–30% that most other gaming/metaverse projects allocate to their founding teams, proving the long-term commitment and belief in Engines of Fury’s success.
And, most importantly:
Deflationary System Creates Long-Term Value
Hard-capped cryptocurrencies limit the maximum supply, but there are various complex mechanisms (buybacks, burning, halving, etc.) that allow projects to further reduce it, strengthening the remaining tokens.
Bitcoin, the king of crypto, employs the deflationary rewards system that ensures the growth of value as miners’ rewards are halved every 4 years. $BNB, $LTC, $SOL, and even $ETH also have varying deflationary mechanisms that control supply over time. These are vital methods to secure the project’s longevity during different market conditions.
Engines of Fury has a deflationary single-token economic model. Every in-game transaction will reduce $FURY supply (in-game fees will be burned) thus ensuring a healthy economy & lucrative opportunity that has already attracted many prominent investors.
About Engines of Fury
Engines of Fury is a battle arena game built on Unity with rich 3D visuals and numerous addictive single & multiplayer gameplay modes. It has a 1-token deflationary in-game economy where FURY is at the centre of the game with lots of utility & ever increasing demand.
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