MagicCraft
  • MAGICCRAFT.IO
  • MagicCraft Web3 User Guide
  • Executive Summary
    • Introduction
    • Vision & Mission
    • Problem & Solution
    • Product offerings: MagicCraft Games
    • Conclusion
  • MagicCraft Web3 Integration System
    • Technology Overview
    • Blockchain Integration
    • Web3 Lobby
    • Free-to-Earn
    • Play-to-Earn
    • Referral System
  • MagicCraft Game - PvP MOBA
    • Description
    • The App
    • Key Features
    • Free-to-Play
    • Game Setting
    • Characters
    • Game Modes
    • Game Maps
    • Custom Match
    • Spectator mode
  • $MCRT Token
    • Description
    • $MCRT Token Utilities
    • Tokenomics
  • MagicCraft Treasury
    • Description
    • Free Access
    • VIP Access
    • Entry Tickets Fee
  • NFT Collections
    • NFT Utilities
    • Genesis Collection
    • NFT Marketplace
  • Pledging
    • The Purpose
    • $MCRT Rewards
    • NFT Rewards
  • MISC
    • ESports Tournaments
    • Ambassador Program
    • Market Analysis
    • Roadmap
    • Team
    • Official Channels
    • Legal and Compliance
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  1. $MCRT Token

$MCRT Token Utilities

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Last updated 1 year ago

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The $MCRT token serves various purposes within the MagicCraft ecosystem, providing users with a range of benefits and functionalities. These utilities include:

Player Rewards: Players have the opportunity to earn real money by actively engaging in the MagicCraft game and emerging victorious in battles. Their skills and achievements directly translate into tangible rewards.

Holders' Rewards: Owners of NFT game characters are entitled to a share of the prize pools generated by matches within the MagicCraft ecosystem. This ongoing reward system incentivizes the ownership and acquisition of valuable in-game assets.

Means of Payment: $MCRT tokens serve as the primary medium of exchange within the MagicCraft ecosystem. Users can utilize these tokens to buy or sell NFT characters, game items, and other digital assets on the internal marketplace, ensuring seamless transactions and fostering an active in-game economy.

Sponsorship: Participants in the MagicCraft ecosystem have the option to lend $MCRT tokens to other players, enabling them to participate in matches or tournaments with prize pools. By providing sponsorship, individuals can earn a share of the winnings, fostering a collaborative and supportive community.

Pledging: Members of the MagicCraft ecosystem can choose to pledge their $MCRT tokens for a specific period, earning additional rewards for storing their tokens in ecosystem smart contracts. This incentivizes long-term engagement and contributes to the stability and growth of the ecosystem.

Upgrades: Players have the ability to enhance their gaming experience by utilizing $MCRT tokens to acquire powerful weapons, unlock special abilities, or access other options that augment the strength and capabilities of their characters. These upgrades increase their chances of victory in battles, providing a competitive edge.

Furthermore, the $MCRT token's utility is constantly evolving, with plans to introduce additional use cases in the future. The ecosystem aims to expand the range of options available, enhancing the overall gaming experience and utility of the token.

$MCRT tokens can be easily traded, bought, or sold on both centralized and decentralized cryptocurrency exchanges. It not only provides flexibility and liquidity to existing users but also simplifies the onboarding process for new participants looking to enter the MagicCraft ecosystem.

Smart contract: 0x4b8285aB433D8f69CB48d5Ad62b415ed1a221e4f

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