Big Time Reveals How its In-Game Economy Works
Players can better understand its economic model and how play-to-earn (P2E) works in Big Time.
Here's how Big Time's economy operates
Big Time, a multiplayer action RPG, has revealed how its in-game economy works. This gives us a better idea of the different roles of NFTs in the RPG and how players can leverage them to play and earn.
Unlike many blockchain games, Big Time's economy is based on a "cosmetic economy," where players gather resources to craft cosmetics that they could sell for profit. Notably, cosmetic NFTs are limited in supply and grant special access to certain content in the game.
To start crafting, players will need a SPACE - Big Time's version of virtual land - with utility NFTs attached to it. There are three types of utility NFTs: Armory, Forge, and Time Warden, which dictate the kind of NFTs to be crafted.
Armory is used to craft and upgrade armor, while Forge is used to perform the same for weapons. Time Warden, on the other hand, is useful for crafting, upgrading, and recharging hourglasses.
For P2E players, the hourglass is certainly one of the most sought-after NFTs, as it generates $TIME, the main cryptocurrency of the game. However, each hourglass can only emit a certain number of tokens before it needs to be recharged.
Players can use $TIME to perform refining, crafting, and upgrading at the Forge and Armory, speed up crafting times, and access special in-game zones.
At launch, Big Time will follow a seasonal content release cadence. Each Season will last for about 90 days, featuring new craftable and non-craftable cosmetics, seasonal cosmetic shards, special events, and new gameplay.
Starting in early 2023, the team will perform monthly airdrops, giving out $TIME and utility NFTs to holders until the Big Time Open Beta begins. More details are available here.