ECOSYSTEM

To create a healthy Web3.0 game environment, four tokens are used in the ITSBLOC Project ecosystem. These are governance tokens, bridge tokens, game tokens, and stablecoins.

Flexible token conversion for an inflation-proof economy

For example, 'DK Mobile: Genesis Season 1' maintains a stable token ecosystem with 6 assets. There are a total of six assets: ITSB (ITSBLOC Governance Token), ITSBC (ITSBLOC Credit), Pentadra Token (DK Mobile Game Token), Stellar's Trade Token, Florin (DK Mobile Game Money), and USDC. It is used in the ITSBLOC Platform and DK Mobile and organically influences each other's values.

The image above illustrates the access to the token ecosystem of DK Mobile Genesis Season 1 based on ITSB, explaining each access sequence and how DK Mobile can maintain an 'Anti-Inflation Token Economy'.

1. 1:1 pegging of ITSB and ITSBC

ITSB is the governance token of the ITSBLOC platform, and ITSBC is the utility token of the ITSBLOC platform. ITSB and ITSBC are pegged at a 1:1 value, and ITSBC is used as a link between the token ecosystem and the cryptocurrency market within the ITSBLOC platform.

2. 1:1 pegging of ITSBC and Pentadra Token

ITSBC can be exchanged for Game Token in the ITSBLOC platform, and in the case of ‘DK Mobile: Genesis’, this Game Token is ‘Pentadra Token’. ITSBC is fixed at a 1:1 value with Pentadra Token and can be used while maintaining its value.

3. Staking

Pentadra Token is DK Mobile’s Game Token, and one of the main functions of Pentadra Token is ‘staking’. DK Mobile users can get special effective items for free that can be used in-game through staking.

Game Tokens in the ITSBLOC platform are utility tokens within each game, and each game tokens have a separate function and name.

Getting items for free is possible, because the Pentadra Token placed in the Staking Pool serves as a deposit. After the game season (about 60 to 90 days) is over, the staked Pentadra Tokens will be returned to users by the original amount.

DK Mobile’s staking program is designed to benefit both users and the platform. Users can make profits quickly by smoothing the game progress, and the platform can prevent rapid value fluctuations by keeping low the liquidity of the governance token.

4. Exchange to Stella’s Trade Token for in-game payment

Stella's Trade Token is a kind of gift certificate that serves to connect the in-game economic system and token ecosystem. This is because Stella's Trade Token can be exchanged for Florine (DK Mobile's Game Money) or ITSB (USDC in Genesis Season1). Stella's Trade Token can only be exchanged for Florin or Pentadra Token, of which Pentadra Token is returned through 1:1:1 Pegging with ITSBC and ITSB.

Florin is also DK Mobile's key currency and an important monetization tool. All economic activities in the game (item purchase, character enhancement, etc.) are done with Florin, and you can clear quests and hunt Florin in the game.

Florins can be converted into Stellar's trade tokens by collecting a certain amount. At this time, by limiting the amount of florins that can be exchanged, rapid changes in the in-game economy can be prevented.

5. Withdraw in-game profits to USDC

In DK Mobile Genesis Season 1, we sought a stable token economic ecosystem through USDC, but in Season 2, we planned withdrawal through ITSB to increase the convenience and expected profit of users.