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
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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.
An age where creativity and imagination will become the primary creators of economic value.
In this thread I'm going to dive into what that the future holds, what it means for us and how crypto is enabling this to happen.
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2. The Imagination Age, coined by @RitaJKing, is a theoretical period beyond the Information Age where creativity and imagination will become the primary creators of economic value.
3. Most of what we're studying and learn in school is antiquated.
People are frustrated. Lots are dropping out. Everyone knows what we're studying and learning in school is useless.
2. Binance smart chain (#BSC) is an Ethereum Virtual Machine (EVM) compatible chain that runs parallel to the Binance Chain (BC) that uses the Proof of Staked Authority (PoSA)
3. #BSC allows for the creation of smart contracts and adds a new staking mechanism for BNB.
BSC is EVM compatible, which means that all contracts deployed on ETH and other EVM compatible chains can be easily transferred to BSC