4.7 Brave Token and its Dynamic Deflation Mechanism
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Brave token is a token designated for Brave World, which can only be earned in Brave World with no pre-mining and any other earning methods, the total number of Brave World token is unlimited. The mining method in the game is star, moon level PVE and boss-related drops, the harder the levels, the more drops. Brave token can be used to purchase Brave Hero NFT Blind Box, or you can buy Premium Gear NFT Blind Box. Brave token will be completely mined from P2E, which is only used to strengthen your heroes and gears.
Brave token is just an exchange token for the convenience of users to generate gear NFT by themselves. The amount of Brave tokens a player mined corresponds to how much gear NFT they have acquired. Brave tokens can be easily withdraw from the game to player’s wallet address, from there, it can directly purchase gear NFT blind boxes to obtain NFT directly into their own wallet. This allowed players to have direct access to a completely decentralized gaming NFT. It is convenient for players to transfer freely. When using it, all they have to do is to place their gear NFT to their address, log in to the game, and the corresponding gear NFT will be directed in the game.
To ensure the value of Brave Token, the amount of Brave tokens required to purchase Brave Hero NFT Blind Boxes and Premium Gear NFT Blind Boxes will be adjusted according to the proportion of Brave tokens production and hero issuance. Further detail see table below.
For instance, the initial price for Brave hero NFT Blind Box is 30 Brave tokens, and the initial price for Premium Gear NFT Blind Box is 20 Brave tokens. Once Brave World produced 10,000 heroes and 3.2 million Brave coins, which the ratio will be is 1:320, the cost of blind boxes will be increased to 39 and 26 Brave tokens.
This mechanism ensures that the value of hero NFT and equipment is relatively stable on the long run. At the same time, it promotes the consumption of Brave tokens, also reduces inflation losses. It also allowed players who weren’t able to climb their rank on the leaderboard to get more profit by trading and selling tokens/gears.
