We have already uncovered the future of crypto gaming (LINK) & advantages of $FURY’s limited supply and deflationary system (LINK). If you’ve missed any of those articles, make sure to check them out first.
Today, we’ll compare single and dual-token economies and analyze why we have chosen the former.
Dual-Token Economy Spreads Confusion
The vast majority of crypto games choose the dual-token economy model because it is used by industry leaders. That’s a quick tokenomics solution that many devs take despite complicating matters for users. Choosing a token with high upside potential is a challenging task, which becomes even harder when a project uses two tokens, splitting utility & demand.
Axie Infinity is one of the first successful crypto games that set an example and formed the crypto gaming industry. With over 2 million daily active players, it is perhaps the most popular blockchain game yet.
Axie Infinity has a dual token system, in which SLP is used for in-game utility (unlimited supply), and AXS is a governance token (hard-capped supply). Many new crypto games adopted a similar approach, relying on a dual-token ecosystem. However, it causes challenges in the long run, especially when it comes to creating an easy-to-understand system and securing the demand & value of both tokens.
When one superior token is used both in-game and outside of the game, it becomes much easier to induce the demand & predict the price changes compared to the two tokens system with divided usage and target audience (gamers, holders, traders). More often than not, the secondary token has an unlimited supply, which results in inflation & gradual loss of value.
Furthermore, the biggest names in crypto, including Baek Kim (GM at Hashed — the earliest investors in Axie Infinity), have already identified that a single-token economy is much easier for gamers to understand, use, and adopt. In order to create a mainstream crypto game, developers should prioritize ease of use, simple tokenomics, and immersive gameplay. That might be the only way to mass adoption, the ultimate success measure of crypto gaming.
At Engines of Fury, we are gamers who value user experience and work hard to ease the life of our investors, players, and other stakeholders. $FURY will be the only token used for everything EoF-related. Not only will that strengthen the token, but it will also make our game easy to understand even for people who have nothing to do with crypto.
Single-Token Economy Creates Sustainability
It’s vital to choose the best tokenomics model that would provide long-term sustainability & resilience to any market conditions.
Engines of Fury will employ a user-friendly single token economy with a solid utility system. As $FURY will be used to enter PVE & PVP arena duels, buy/forge NFTs, purchase arenas, and enjoy many other in-game activities, players will strive to own $FURY tokens. Furthermore, $FURY owners will be able to stake it, early accesses, and other perks. The game and the token will not be two separate entities but rather a cohesive ecosystem. No more confusion among investors and gamers — the $FURY ecosystem is simple, functional, and meticulously planned.
Let’s add the limited supply and deflationary system to the equation, and we get a great game with a robust ecosystem and functional gaming token.
About Engines of Fury
Engines of Fury is a duel 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 center of the game with lots of utility & ever-increasing demand.