Token Economics
Last updated
Last updated
MyRichFarm metaverse uses several kinds of tokens to create a circular economy between users who will interact with its platform. These are the farms, assets and RCH, a token based on the ERC20 protocol which will act as the official currency in the ecosystem when purchasing goods and services (amongst other rights) within the game.
RCH: a kind of ERC-20 token, an important part of MyRichFarm. It is used for purchasing farms and merchandise in our game world.
Farm NFTs: a kind of ERC-721 token and RCH in the game can only be produced through it.
Fun Zone Coin: a kind of passport in Fun Zone, players need to have NFT to enter Fun Zone (player would be free to access in FunZone at the beginning for cool experience) and exchange RCH for FZC (Fun Zone Coin).