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Coin Economy
The Arata Coin (ARATA) is an BEP20-compliant cryptographic token that can be traded on the Binance blockchain just like binance. It is both a platform currency and an independent store of value for players and investors alike.
To tackle the Arata Coin value fluctuations, Content and Product creators will configure the sales prices of their NFTs, Game Gear and Anime Contents in USD. Arata will pull the latest USD value of ARATA Coin from its internal coin exchange and provide the USD to ARATA Coin conversion rate to smart contracts, in real-time. In this way, USD prices set by content providers can be converted in Arata Coin automatically at purchase time
In other words, an NFT that costs $50 will always cost $50; however, the amount of ARATA Coins required to complete the transaction on the blockchain will fluctuate according to the latest ARATA Coin market price.
While Arata's marketplace will offer both Arata Coin and classic payment options, all transactions will ultimately be executed using ARATA Coins.
Payments via traditional methods like a credit card, PayPal, etc. are automatically and transparently converted to ARATA Coins (by purchasing them from coin holders) which are then used to complete the transaction.
One of our core user experience philosophies is to provide players diverse ways to easily and instantly earn ARATA Coins.
Opportunities to earn ARATA Coins include:
→ Play our Games to Earn
→ Watch Anime Videos and Adverts to Earn → Referral of players
→ Participate in betas
→ Watch advertisements
→ Trade digital and Game Gear goods
→ Participate in our rewards program
→ Report bugs
→ Write reviews
→ Share content on social networks
→ Compete in contests
Last modified 2yr ago