Chumbi Valley Strikes to Single Token System

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In a day the place most web3 gaming tasks go for a twin token system, Chumbi Valley bucks the pattern by asserting they are going to be shifting to a single token system! Chumbi token, or CHMB, will operate because the governance token in addition to present in-game utility for breeding, whereas a second, sport solely foreign money shall be used for fundamental sport actions.

Whereas we nonetheless look forward to some kind of demo or playtest from Chumbi Valley, they do proceed to offer us with common improvement updates. These typically showcase artwork, animations, and different such issues. Nonetheless, one of many newest updates from the Chumbi crew issues the sport financial system. Significantly the sport foreign money, which is shifting to a single token system.

Now single token doesn't imply single foreign money. Chumbi Valley will nonetheless have two currencies, however just one shall be on-chain. This resolution is in response to the downturn in ‘play to earn' sport economies. And definitely, their preliminary plans for a vast token provide that may very well be earned by enjoying after which cashed out at any time was a recipe for catastrophe. So, kudos to the Chumbi crew for recognizing the potential challenge and making modifications to rectify the state of affairs!

Fortunate Stars and CHMB Tokens

Fortunate Stars would be the main sport foreign money, residing off-chain within the sport servers' reminiscence solely. Gamers earn Fortunate Stars by promoting sources, finishing quests, discovering treasure, and defeating enemies in battle. Fortunate Stars are used to progress in-game — for instance, shopping for seeds, upgrading Chumbi spells, and crafting objects.

The already current Chumbi token (CHMB) received't change. CHMB will stay the staking and governance token, as was the unique intent. As well as, gamers will want CHMB token for breeding, shopping for objects on the in-game market, and buying particular cosmetics and sport boosts (crafting speedup for instance).

There can even be a play and earn function in Chumbi Valley permitting gamers to earn CHMB tokens. The crew continues to be quiet on how this technique will work, however hopefully we'll hear some particulars within the close to future.

pre-alpha build screenshot for Chumbi Valleypre-alpha construct screenshot

What's Chumbi Valley?

Chumbi Valley is an journey sport with taming, breeding, and different such creature proudly owning actions. Type of a cross between Pokémon and Stardew Valley. Gamers discover the world with customizable characters, develop crops on their lands, battle Chumbi battles in opposition to cursed Chumbi and different gamers, craft objects, and breed new Chumbis. Chumbis are generative, every with fifteen fundamental varieties and a whole lot of various physique elements and patterns, making every one distinctive.

There are solely 4096 authentic Seed Chumbis, although sooner or later sooner or later gamers may have the choice to breed their Chumbi. Apart from producing new NFTs, a number of the Chumbi coat varieties may solely be discovered within the third or fourth generations, encouraging breeders to maintain making Seed Pods and offering worth to later technology Chumbi!

Chumbi Valley consists of one governance and utility token, CHMB, and an in-game foreign money referred to as Fortunate Stars.

To be taught extra about Chumbi Valley, go to their web site, observe them on Twitter, and be part of their Discord.

Chumbi Valley infographic

The put up Chumbi Valley Strikes to Single Token System appeared first on Play to Earn.

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