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Tokenomics

Tokenomics

The sole token of DemoniCore is DCORE, which can be traded on any exchange that supports Hive Engine tokens, such as Hive Engine and Tribaldex.
DCORE token

Current DCORE stats

  • One DCORE is worth
    • 0.003 HIVE
    • $0.00119 USD
  • Total DCORE
    • Supply: 1,001,995
    • Circulating: 1,002,001

Philosophy

The overarching philosophy of DemoniCore is "keep it simple", and this mandate extends to the game's tokenomics. Instead of a complicated ecosystem with numerous different cryptocurrencies to keep track of, we opted for a single token, DCORE, that is used for all in-game transactions, and which can be traded freely on Hive Engine.

Scarcity

Unlike many other play-to-earn games, DCORE has a very limited supply, and is designed to stay that way. The total supply currently stands at slightly over 1 million tokens.
DCORE is regulated by a unique emissions mechanism that only mints new tokens on an as-needed basis, with a hard cap on new token supply. If the game's reward pool decreases below a 66,000 DCORE threshold, DemoniCore will mint new DCORE in 100 token increments until the reward pool exceeds the minimum threshold or the number of newly minted tokens exceeds 2,400 in the last 24 hours.
This means that the amount of new DCORE minted can never exceed 876,000 per year. Keep in mind that this represents the maximum allowed inflation by the system. To date, this token issuance mechanism has never been triggered, other than during planned stress testing of the fallback system in production (which is why the supply of DCORE is slightly over 1 million instead of exactly 1 million).

Uses

DCORE is the currency that DemoniCore rewards players with for successfully slaying and exorcising demons. In turn, players can spend DCORE to upgrade their stats, purchase potions to reduce their Insanity level, and buy NFT cards on NFTMart to enhance their gameplay experience.
We always strive to come up with new ways to provide DCORE sinks, and we reserve the right to iterate on balancing gameplay mechanics, rewards, and prices to keep the game economy healthy for players and investors. Without you, there is no DemoniCore, and we are grateful for your support, time, and interest in the game!