Vy Worlds play-to-earn system is now live
Players who own a Vy Worlds NFT can now login daily to earn a new in-game currency that will later be exchangeable for $VY, the future core token of the metaverse gaming platform.
The play-to-earn system of Vy Worlds, a decentralized metaverse gaming platform, is now officially live.
Players who own Vy Worlds NFTs are now able to earn an in-game currency called $STARS by logging in every day. These stars will eventually be exchangeable with $VY, the core token that is slated to launch sometime this year, with 1 star set to be equal to 1 $VY. The total supply of $VY will be 25 million, from which 2.5% is allocated to this Season 1. In order to take part in this season, players need to own either a Skelly or a Bolt NFT from the Vy Worlds NFT collection. The team has said that every pair of Bolt + Skelly does reward you with a bonus 25% of stars, while every Bolt NFT that isn’t a part of a pair brings you a nice 10% bonus on the star rewards. On the 7th daily login reward, players get a free Vy Worlds Sticker NFT.
Alongside enabling the play-to-earn system, the developers have also said that they have taken the last snapshot for Vy NFT holders, and have revealed that they’ll be distributing 25 million $STARS at the end of Season 1 to those same owners. Further details on how these Vounder snapshot rewards are distributed can be found here.
Vy Worlds is a decentralized gaming platform where players can play, create and share their own games using a no-coding game engine. The developer, Knock Knock Games, has received more than $6 million in funding, and is backed by the following partners and investors: Immutable X, Starkware, London Venture Partners, March Capital and the Raine Group.