Elemental Raiders Share Details on In-game Economy
The economy includes revenue from the play-to-earn and free-to-play versions and a scholarship program.
F2P and P2E Versions
Elemental Raiders announced it made certain changes to its in-game economy. Elemental Raiders is a free-to-play turn-based battler using card games with multiplayer RPG. The gaming platform is launching its free-to-play version on November 28. This version will allow players to enjoy gaming experiences without barriers or having to purchase 'next levels.'
This will also allow players to join PvP and PvE battles, increasing their skills and team power.
Via a blog, Elemental Raiders said,
"One of the major features are the transitions from Free-to-Play to Play-to-Earn model...G4AL, Elemental Raiders, allow you to monetise your time by calculating the amount of hours played, and then converting your level up skills to NFT (yes, with low cost) and transform that to a P2E version — or sell them in the marketplace."
The in-game economy also includes a P2E version where players can earn Elemental Crystals and $GGT by having an active Game Pass. A 30-day Game Pass subscription offers exclusive premium games, chests, and NFT skins.
Distribution Pool, Tokens, and The Scholarship Program
After EBITDA, all revenues from F2P and P2E versions will be split amongst players in proportion to their performance and investments. The distribution pool also gets tokens from certain sources like Game Pass, NFT Skill mints, NFT Skin sales, and the Marketplace fee.
Elemental Raiders uses $GGT as the main governance token, which will be the cross-currency in all games working on the G4AL network. Another token is Elemental Crystal (EC), which serves as the premium currency of Elemental Raiders and is used to improve the customizable levels of skills and to buy in-game chests.
There is also a scholarship program where players can earn without making an initial deposit. EC profits from this program will be shared amongst the scholars and players that own the account.