Every DeFi and blockchain game Dapp, and NFT product released on our gDEX (Decentralized Finance Gaming Platform exchange) increases the utility functions of our Arcade Coin within our economy of DeFi NFT games — All fueled by our $ANRX Ethereum Arcade Coin.
$ANRX is the Arcade Coin (token) of the Web 3.0 future architecture and was created to reward and incentivize all stakeholders of our NFT gaming ecosystem.
As you know this past Monday 4/26/21 we started our Public Beta Test. Over 15,500 registered users signed up. 50 lucky winners in our AnRKist Army Community were chosen to beta test Battle Wave 2323!
Before we dive into the current 12 Utility functions of $ANRX Arcade Coin, here are some Battle Wave 2323 Game APY Basics:
Teams of users compete for a weekly prize pool of hundreds of thousands of dollars ($) worth of $ANRX that can continually increase in value ($) just by YOU our #AnRKistArmy community, utilizing our $ANRX Arcade Coin more and more!
As a winner you can expect:
- Individual APY rewards of up to 350%!
- Weekly Prize Pool of 900,000 $ANRX!
- Chance to win 1 of 9 ULTRA RARE AND POWERFUL Golden Chalice NFTs (100% WEEKLY APY BOOST)
Read below for the current 12 utility functions of $ANRX!
The $ANRX Arcade Coin: 12 Utility Functions
$ANRX is the native Arcade Coin of the AnRKey X platform. It has 12 utility functionalities in our ecosystem, involving 6 ways to spend it and 6 ways to earn it!
$ANRX Rewards Distribution to the Winners of the Game
At the end of each weekly bout of Battle Wave 2323, the winning team will receive the generated prize pool of $ANRX. The winners will be the team that produced the highest cumulative annual percentage yield (APY) score from their LP token stakings, thus earning the most $ANRX. Rewards are distributed to winners based on their individual LP token contribution.
Boosting APY by staking Golden Chalice NFTs
Golden Chalice Non-Fungible Tokens (NFTs) randomly distributed (using Chainlink VRF technology) to 9 players of the winning team every week, can be staked in the following week’s game to Boost APY and increase $ANRX rewards for the whole team.
Sacred Relic NFT Pack Rewards Distribution
Sacred Relic NFT Packs are NFTs that boost $ANRX earnings from LP token deposits. Sacred Relics can only be used once. When you opt to stake a Sacred Relic (therefore activating its APY boost), it will be burned afterwards. You must stake Sacred Relics in the game you purchased them. These NFTs are only intended to be used for one particular week’s Battle, and will be blacklisted when it ends so they cannot be staked ever again. You still may want to save some of them though, since we intend to make them come back to life later on down the line.
Playing with Gamified NFT Staking Pools
We have deployed 5 Gamified NFT Staking Pools so far, which enable users to earn large APY rewards for staking their $ANRX and $ANRX/ETH Liquidity Tokens for NFTs that provide early access, different rewards structures, and more.
Profit from Selling Golden Chalices NFTs
9 Ultra-rare Golden Chalice NFTs will be distributed randomly amongst the winning teams members, providing an opportunity for massive additional APY boosts in the following week’s game. Users will be able to list their Golden Chalices for sale to other users on the Flash Sale Aftermarket, which will be open during the 48 hours between the end of each week’s game, and the start of the next (Saturday and Sunday).
Profit from Selling Collectable NFT Game Cards
Our Collectable NFT Game Cards are ultra-rare, powerful and APY generating unique non-fungible tokens, which feature characters and stories from our AnRKey X games metaverse. They fluctuate in monetary value, quantity, rarity and power levels based on the real-time economics of our game and our $ANRX token price algorithmically generated by our proprietary NFT engine. Users will be able to sell these NFTs on our Decentralized Finance Gaming Platform Exchange (gDEX).
Purchasing Upgrades Armaments for Golden Chalices
Armaments are weekly boosts that users are able to purchase to further increase the APY boost of their Golden Chalices. Armaments upgrade rarity and performance power features. Armaments can be purchased on the 48-hour Flash Sale Aftermarket.
Purchasing Sacred Relic NFT Packs
Sacred Relic NFTs can be staked for a APY boost after being purchased on the gDEX. With two separate price points of $ANRX, each with different APY yield ranges available, the packs are randomized so that users will receive 1, 3, or 5 total Sacred Relic NFTs (at the lower price), or 3, 5, or 10 total Sacred Relic NFTs (at the higher price). Both the amount of Sacred Relic NFTs will be randomized, as well as the boosted yields associated with each Sacred Relic NFT. Once purchased Sacred Relics can be staked as you wish throughout the battle.
Purchasing In-Game Arms Boosts
Arms Boosts are weekly in-game items that boost APY which can be purchased in the in-game item marketplace on our gDEX. These are limited to one use per player.
Purchasing Aftermarket Prize Winning Limited NFTs (Golden Chalices)
Golden Chalices are NFTs which are randomly distributed throughout the winning army each week, providing an APY boost in the subsequent week’s game. Users will be able to buy and sell these NFTs on the 48-hour Flash Sale Aftermarket to other users. Golden Chalices are priced with a derived base value.
Purchasing Collectable NFT Game Cards
These ultra-rare, unique, animated game card rewards tokens can be sold on the gDEX as well. Users can strive to create the best collection to represent their prowess in the game. Furthermore, these NFT game cards can be used to stake for extra APY boosts and exist across 6 tiers of rarity and power.
Purchasing on a High-Yield NFT Prediction Market
Our NFT Prediction Marketplace Dashboard uses the derived base value of our NFTs to predict their future prices in our games and earn rewards. Like other prediction markets, we will allow our users to use $ANRX to predict on these future values, based off of the values our Automated Economic Logic Models calculate.
About AnRKey X™
Founded by recognized global leaders in crypto, DeFi, gaming and entertainment the AnRKey X™ protocol platform is a gDEX (Decentralized Finance Gaming Platform Exchange), designed to merge DeFi, Esports, and NFTs into one on their gaming platform creating a brand new industry called m$ports (money sports). AnRKey X’s token, $ANRX, works just like an arcade coin, the more you purchase, play, stake, sell, and compete, the more $ANRX you earn within the AnRKey X™ gaming system. The award winning team has over 60+ years of combined experience working in blockchain and crypto, traditional gaming, financial technology, and music and entertainment industries. The team is combining DeFi liquidity reward farming and staking with community driven eSports and Web 3.0 NFTs. The AnRKey X™ defi game and NFT studio will be releasing continuous games in their m$ports™ genre, with their first game Battle Wave 2323™