What is DemoniCore?
DemoniCore is a simple and fun play-to-earn game, where you conjure demons to battle in PvE turn-based RNG combat, reminiscent of old-school RPG games.
Tokenomics
The sole token of DemoniCore is DCORE, which can be traded on any exchange that supports Hive Engine tokens, such as Hive Engine and Tribaldex.
DCORE
- Supply: 1,001,995
- Circulating: 1,002,001
Philosophy
The overarching philosophy of DemoniCore is "keep it simple", and this mandate extends to the game's tokenomics. Instead of a complicated ecosystem with numerous different cryptocurrencies to keep track of, we opted for a single token, DCORE, that is used for all in-game transactions, and which can be traded freely on Hive Engine.
Scarcity
Unlike many other play-to-earn games, DCORE has a very limited supply, and is designed to stay that way. The total supply currently stands at slightly over 1 million tokens.
DCORE is regulated by a unique emissions mechanism that only mints new tokens on an as-needed basis, with a hard cap on new token supply. If the game's reward pool decreases below a 66,000 DCORE threshold, DemoniCore will mint new DCORE in 100 token increments until the reward pool exceeds the minimum threshold or the number of newly minted tokens exceeds 2,400 in the last 24 hours.
This means that the amount of new DCORE minted can never exceed 876,000 per year. Keep in mind that this represents the maximum allowed inflation by the system. To date, this token issuance mechanism has never been triggered, other than during planned stress testing of the fallback system in production (which is why the supply of DCORE is slightly over 1 million instead of exactly 1 million).
Uses
DCORE is the currency that DemoniCore rewards players with for successfully slaying and exorcising demons. In turn, players can spend DCORE to upgrade their stats, purchase potions to reduce their Insanity level, and buy NFT cards on NFTMart to enhance their gameplay experience.
We always strive to come up with new ways to provide DCORE sinks, and we reserve the right to iterate on balancing gameplay mechanics, rewards, and prices to keep the game economy healthy for players and investors.
To our players
As always, thank you for your love and support - without you, there is no DemoniCore. For anyone who hasn't yet played, please give DemoniCore a try!