Spring Cleaning: Updating our Tokenomics and the APRS Community Round
Greetings! We have an exciting article for today: an update for our Tokenomics, and discussing the launch of Apeiros (APRS), our governance…
Greetings! We have an exciting article for today: an update for our Tokenomics, and discussing the launch of Apeiros (APRS), our governance token! For those of you who aren’t familiar, governance tokens are kind of like owning shares in a company — holders will be able to propose and vote on decisions that will influence the future direction of Apeiron. On top of that, for our planet breeders out there, APRS will be used to perform a Celestial Conjunction ritual to generate a new planet. Long story short: they’re kind of a big deal. So let’s talk about ‘em!
We’ll start with some good ol’ fashioned Tokenomics. Let’s do a quick refresher: Apeiron has a unique tri-token system; for reference, other NFT games usually have one or two tokens. Our tokens are:
Apeiros (APRS) — Our governance token, used for Celestial Conjunction and Relic forging, purchased during TGE or on the exchanges or won through high-level in-game events.
Anima (ANIMA) — Our play-to-earn token, used for Celestial Conjunction and Chronomerging, purchased on the exchanges or gained through daily/weekly missions.
Ringularity (RINGU) — Our unique premium Alliance tokens, used to purchase special items from Mythology Galaxy (Alliance content) Store. They can be purchased on exchanges or won through completing our Alliance-based content.
Today we’ll be focusing on the first of these — Apeiros. Apeiros is the main utility token of our game: from Planet breeding to Relics to enhancing your Avatar’s combat deck to governance, you’re going to need some Apeiros. And of course, we have a handy chart!
Let’s unpack some of the information you’re seeing here, because there’s a lot to it. First, you may notice we have a hefty chunk of APRS reserved for Pre-Seed, Seed, and Private investment rounds. And this has to do with a theme that runs throughout our entire project: longevity. With Apeiron, we’re trying something different, something grander — and in order to achieve this vision, we are encouraging long term holders, gamers and believers who are genuinely interested in the godiverse.
We want our governance token holders to be partners we can trust — stable institutions who can give us not just the foundations we need to move forward, but also the connections and commitments that we’ll need as we expand Apeiron from web3 game to global franchise. And so, we’ve reserved a little over 200mil APRS for these investors — to help us build those strong foundations and get that network going.
You can also see on the chart that we’re doing something called block-by-block vesting. Gem Ng, our Chief Technical Officer, explains: “The blockchain will bundle multiple transactions in a block which will be processed simultaneously. The time needed to process a block is around 2.3s.” What this means is that every few seconds, we’ll be releasing the tokens out to our holders. This strategy has great synergy with our long-term price appreciation approach: investors will see the steady rise of Apeiron and APRS and be encouraged to stick with us, while at the same time have the flexibility that block-by-block vesting provides.
Of course, sometimes things don’t go according to plan. There’ll be ups and downs just like with every project. But by focusing on the longevity of Apeiron, we’ll be trying to make it a little less of a rollercoaster ride and more a steady climb. And we’re supported in this by the other pillar of our Tokenomics strategy: the game itself is at the core. It’s Tokenomics built around the game — not the other way around.
Apeiron is a game that we think will be fun to play — and ultimately, people will join our game just to play, and then the community will naturally grow. At the same time, we won’t be idle, but putting in the hard work to keep iterating on our core gameplay loop, testing and tweaking through periodic patches before dropping massive expansion packs with fresh new content to keep the game exciting.
In fact, as we’ll be constantly working on making Apeiron into a more awesome game, it is the players who are most in-tune with our gameplay and patches who will have the advantage on the marketplace. Things like new content will be unlocked through Alliances managing to cleave through challenging raid bosses, which will initiate a whole new wave of events that will have a knock-on effect on the economy — thereby rewarding our dedicated player base with firsthand info to take advantage of our Tokenomics.
Finally, we’re not necessarily limiting ourselves to web3 — we’re excited for all the possibilities to bring Apeiron alive in the future, including physical merchandise and franchising. With a long-term investment plan and a focus on core gaming fundamentals, our Tokenomics offers something unique in the NFT gaming space — but we believe — something better.
Now let’s talk about the Community Round and the TGE (Token Generation Event). If you’re someone interested in investing in APRS, you’ll need to be whitelisted. There are different ways to get whitelisted, and each of them will have access to a different number of lots. Just to be clear: APRS will be sold in lots of a certain amount. In order to get any APRS, you’ll need to be eligible for at least one lot.
So how do you get whitelisted and be eligible for allotments? There are three ways:
Discord Community Quest Marks — We have an ongoing Discord Community Event giving away Quest Marks, which are rewards for completing certain objectives within our community. Collect 3 of these and you’ll be able to apply for a WL. Discord Whitelisters are eligible to buy up to 1 lot of APRS.
Origins Collection Apostles — If you are a holder of at least 7 unique Origins Collections Apostles, then you can apply for a WL. Origins Collectors Whitelisters are eligible to buy up to 2 lots of APRS.
Primeval Planet — If you are a holder of a Primeval Planet, then you can apply for a WL. Remember, you need APRS to perform a Celestial Conjunction, so if you want to start breeding at lower costs, it’s a great deal! Primeval Planet Holder Whitelisters are eligible to buy greater lots of APRS depending on the number and tier of Primeval Planets they hold.
We’ll be handpicking our whitelisters from among our applicants. As before, we’ll be looking for people who are passionate about our project, active members of our community, and those ready to commit for the long haul.
Our Community Round will begin early in May — we’ll hit you with more details as and when we have them. We are discussing the legalities regarding KYC and SAFTs to be involved in the process at the moment. Please note that there will also be a questionnaire next week for our Primeval Planet Holders in regards to participating in the APRS Community Round, so Holders, be on the lookout for that!
In the meantime, we’d like to highlight that tomorrow is the start of the Apeiron Grand Prix, in which we’ll be giving away Marks and even Primeval Planets — and hey, if you have a Planet, you’ll be eligible to purchase significantly more APRS. This is a great opportunity to win some awesome Apeiron goodies, so check out the event! More info on it can be found HERE.
Hankering to discuss the nitty gritty of these numbers and Tokenomics with us? Have something to say about our long-term strategy? Cool! Join our Discord. Follow our Twitter. Link up with on Telegram. Stay connected with us~
And as always, thanks for reading. We’ll see you next time.