KingdomX

KingdomX is a strategy war game in the blockchain. Players could collect heroes, complete tasks, challenge activities, participate in the war, and establish the personal game kingdom through social networking and territory development. The overall ecology in the game is based on the GameFi Protocol. It enhances the fun of the game, ensures the game assets, and enables all players to benefit from the game and win tokens or rewards.

TOKEN ECONOMY

King Token

Token Generation

King Token (KT) is the core Token in KingdomX for value transmissions and community governance. In the game, KT is mainly used as "bottoming" to recruit heroes. In the game, players gain KT after they participate in wars and get rewards from their rankings.

Lock Up

To prevent inflation caused by the circulation of Token, all KT holders are encouraged to lock up their KT with the following measures to ensure the benefits and revenues of long-time KT holders and players who lock up their KT.

- Deposit KT for recruiting new heroes — A certain amount of KT is needed to recruit new heroes. 80 percent of KT used as "bottoming" is deposited in Kingslanding Protocol. When the recruited hero is sent to war, there will be low possibilities of battle damage. Also, if battle damage happens, the deposited KT will be fully returned to the player.

- Deposit KT for a quicker recovery — Players can deposit KT for a quicker recovery in the game. In other words, depositing KT increases the amount of daily available Energy. Players can win more rewards, such as KNT, Exp, Reputation, by participating in adventures and wars, which consume Energy.

- Staking mining for upgrading equipment parts — When equipment parts need to arrive key level, both KT and KNT need to be used for completing upgrading. when upgrading successfully, used KT and KNT will be locked up. If heroes trigger battle damage, all KT which is locked up for upgrading will be returned as for rate.

Burning

Every year, there will be natural inflation of KT due to the issue of KT sold in the fundraising period and other presold KT, and the KT generated regularly after wars in the game. To control inflation, there is a certain Token destroying mechanism called Burning. The percentage of Burned KT is under the control of the KingsLanding Protocol, and the speed of Burning is decided by KT holders who are in the DAO vote. Methods are as follows:

- Recruit new heroes — A certain percentage of KT used as "bottoming" in recruiting new heroes will be Burned, and this percentage is decided by KT holders who are in the DAO vote.

- Buy Campaign tickets — Users can use KT to buy tickets for special campaigns. For example, after using KT to buy tickets to challenge the world boss, you will be eligible to compete for high-quality NFT. More personalized special campaigns will be launched later, and all KT spent on special events will be burned.

- When equipment parts are upgraded, KT is required to upgrade some key levels. As the level of equipment parts increases, the success rate of the upgrade gradually decreases. If the upgrade fails, the KT used in the upgrade will be burned.