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Mar 19 19 tweets 12 min read
Tales of Elleria 101: The 3D #GameFi RPG that's coming to #Arbitrum

Here's your intro guide to the world of Elleria, the GameFi RPG that's launching soon and working with #TreasureDAO

A thread🧵👇
2. Tales of Elleria (TELL) is 3D RPG GameFi project built on Arbitrium One.

It’s online RPG game where players can summon heroes, go on quests and adventures and serves as the entry point into the Elleria metaverse.
3. Monsters run rampant outside the city of Elleria and heroes are needed to keep the city safe.

Elleria utilizes NFTs and tokens to create an RPG progression system.
4. Heroes are NFTs that are essential to play the game.

They can be trained, upgraded, sent on assignments, and go on quests to earn Tokens, Equipment (NFTs) , Drops, and Relics NFTs used for crafting, boosts, consumption, etc.
5. $ELM is the main token. There are no taxes when trading $ELM.

$ELM can be obtained by completing quests and defeating bosses.

It is used to summon heroes, strengthen heroes, and create blessed equipment to allow for player progression.

$ELM has a hard cap of 2.5M tokens.
6. $MEDALS is the supplementary token of the game.

$MEDALS is the currency used for daily transactions and are needed for almost all in game activities.

$MEDALS can be bought on sushiswap and earn through completing assignments.

$MEDALS has a hard cap of 1B tokens.
7. TELL aims to be a decentralized GameFi project that provides an immersive & fun gaming experience packaged together with DeFi elements.
8. They’ve a strong community focus.

The team has a general roadmap, but players can change things up with proposals.

In fact, they initially were designing the game for BSC, but then switched to #Arbitrum after a community vote.
9. Currently TELL is in its Phase 0 and is just about to mint its hero collection in a few days.

TELL is bringing in elements of DeFi, including staking, liquidity pools and more for players to play and earn.
10. Players can stake their tokens in the LP pools for rewards. The ELM-ETH pool emits 250 $ELM per day.

There is no time lock on the ELM-ETH staking pool. Instead, a fee is incurred on withdrawals made within a short period.
11. Similarly, players can also stake MEDALS and ETH

Just a few days ago, TELL announced a partnership and integration with @TreasureDAO.

This is big news and will greatly benefit TELL.

12. #TalesofElleria will be listed on the Treasure Marketplace and heroes minted can be traded for $MAGIC.

#TreasureDAO will help TELL bootstrap the project with capital. $MAGIC will be paired with $ELM and $MEDALS in liquidity pools.
13. 500 hero NFTs will be given to TreasureDAO for providing $MAGIC liquidity.

I really like the Treasure ecosystem. This partnership is big for TELL and could help bring a ton of people onboard.
14. GameFi games that provide a fun immersive experience in addition to the benefits of DeFi have been doing incredibly well.

Just look at DeFi Kingdoms.

15. There's a lot of room in the GameFi space. RPGs are huge and have a cult following. If TELL executes on it's vision it will be massive.

Going to be watching TELL closely.
18. Hope this was insightful, an RT would mean a lot. I regularly write 101s, deep dives and breakdowns, follow to keep up.

Here are some of my past threads:
covduk.notion.site/4798517af2944e…

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