SINGAPORE, 28 December 2022 /PRNewswire/ — Coinstore.com has listed Spider Tank’s native token-SILK on November 1, 12:00, 2022 (SGT). Spider Tanks is a P2E gaming ecosystem. Trade SILK/USDT at Coinstore.com.
What are Spider Tanks and what role does the SILK token play?
Spider Tanks is a Play2Earn ecological network of NFT holders, players and game developers. Players can earn Victory Points by playing Spider Tanks matches, buying and selling NFTs for game equipment, and exchanging Game Victory Points for SILK REWARDS. This PVP brawler game allows players to enjoy multiple levels of ownership, including tanks and weapons, Battlefield Maps, or even factories and planets.
SILK is the game’s official reward token. SILK is an ERC-20 token from Gala game and GAMEDIA’s new tank battle esports Spider Tanks. It can be earned by participating and winning Spider Tank games, as well as becoming a node and participating in other products within the project’s ecosystem. The distribution of SILK will be divided into two parts, one part will be distributed to NFT players and F2P players. The second part is distributed to planetary node operators, cardholders, Gala and GAMEDIA members and founder nodes. These two parts have different proportions. For more information, check out Spider Tank’s whitepaper.
SILK Token Overview:
Token name: SILK
Total Supply: 4,419,812.76666353 SILK
Coinstore.com Listed SILK
Trading pair: SILK/USDT
Trading time: November 1 12:00, 2022 (SGT)
Withdrawal time: November 1 12:00, 2022 (SGT)
What are the ways to exchange VICTORY POINTS for SILK REWARDS?
SILK will always be the only token in the Spider Tank ecosystem, and the total amount of SILK tokens in the system is fixed. SILK is distributed through a daily settlement system. The distribution depends on the ratio between victory points and SILK for the day. The ratio is determined by the day’s cumulative mint and total burn of the day. The long-term relationship between the Victory Point-to-SILK ratio and circulating supply is shown in the graph below:
NFT Player Victory Point-to-SILK: Owners and Captains’ awarding of victory points occurs with each victory throughout the day based on replacement allowances and is calculated independently based on the characteristics of each weapon or body.
Planetary Node Operator Point-to-SILK: The planetary nodes will be the backbone of the Spider Tank. They will ensure that the system server is up and running for various matches. Therefore, the reward for planetary node operators will come from the non-replacement SILK fee, which is determined based on the number of games held in the day and the size of the total workload.
Card Holders Victory Point-to-SILK: The SILK distribution of Maps will depend on the number of games hosted by Maps. Map rewards will depend on the amount of daily non-replacement allowance and the total number of victory points issued that day.
What is the benefit of SILK REWARDS?
Increased Victory Point Potential: SILK held is not used up in any way and can continue to power the player’s reward generating ability as long as they continue to hold it.
Iimprove your NFTs: SILK can be used to buy components and arachnium needed to upgrade tank parts. Upgraded Tank Part NFTs are more powerful and can earn more VP from each win.
Maximum available victory points: There is no limit to the possibility of earning victory points in a day. However, certain factors will affect the difficulty of collecting victory points. For details, see the project’s white paper.
Spider Tanks (SILK) Official Media
Website | Twitter (@SpiderTanks) | Discord only
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