Perhaps the game has never been a hot topic, some newly released games have stormed the market such as: Axie Infinity, My DeFi Pet … Maybe this will be the upcoming trend of the market. Today I would like to introduce to you a project that also receives a lot of attention from investors Tale Craft – a game project built on Avalanche. So, what’s outstanding about the project, let’s analyze it below this article.
What is Tale Craft?
TaleCraft is a project Gaming NFT on Avalanche. This is a crafting game where you can earn NFT by crafting various craft items with 4 prime element cards and selling these cards in the market.
In TaleCraft, 4 main elements given in chests will be sold weekly. So the cards have limits. It has a deflationary structure in itself. The cards used in each crafting will be burned.
What is Avalanche? Why build on the Avalanche ecosystem?
- Chest(Chest): is a system that sells 4 main ingredients per week. You only need 4 main ingredients to cast cards in TaleCraft. It is Air-Water-Earth-Fire.
- MarketPlace: Initially TaleCraft will trade with various NFT marketplace platforms, such as Babylon, YetiSwap, etc., TaleCraft also has its own marketplace.
- Crafting: User will open chest with CRAFT token, one of 4 materials will be used to craft NFT
- Staking: Crafter fees spent on Crafting will be collected in a group and rewarded to CRAFT staking in the Crafter group.
Guide to TeleCraft
- The total limited supply of $CRAFT is 12 million and cannot be minted.
- CRAFT is the official token of Talecraft. You can get chests with CRAFT every week. You can also trade in low-fee CRAFT on the upcoming TaleCraft Marketplace.
- In addition, crafting fees will be collected using CRAFT.
The original card types are 160 types
- These 160 cards have 5 different tiers. These steps are, in turn, the stone step, iron step, silver step, gold step, and stone step of the philosopher. New members can create stone cards (lowest rank cards) and continue to gradually upgrade to higher tiers.
- Card levels are determined by the difficulty and rarity of the card making process.
- Only 4 of the 160 cards, 4 main elements, will be available weekly. All remaining tokens can be created by the user.
The chest is a system that sells materials to cast cards: Air-Water-Earth-Fire. You open chests to find ingredients, about 10,000 chests are sold every week, each person can buy up to 200 chests and can be purchased with 10 CRAFT + 0.1 AVAX fee
The amount from the alchemist’s chest sold each week is used as follows.
- 25% – Extra Liquidity (CRAFT-AVAX)
- 25% – Group wallet
- 25% – NFT holders’ reward in the form of AVAX
- 25% – Burn
NFT holders will be rewarded with Chests, which are sold weekly. In addition, some of the LP collected will be burned. In this way, the supply of CRAFT will decrease every week.
- Seed Sale
- Private Sale
- Partnership with platforms IDO, ICO
- Token Listing DEX(TGE)
- Build App
- Launch features: Alchemist Chest, Crafter Pool
- Bonus event – burn tokens
- Launching Marketplace
- Interface upgrade
- CEX listing
- Expansion to other ecosystems.
TaleCraft integrates Chainlink VRF to help strengthen security against fraud
Strategic partnership with Lydia Finance, Pangolin or Trader Joe to help expand on Avalanche
Token Use Case
CRAFT is Utility token
- Players need CRAFT to buy Chests for NFT casting materials
- Pay fees in CRAFT for the lowest cost transactions
Detailed information about a Token
- Token Name: TeleCraft token
- Ticker: CRAFT
- Blockchain: Avalanche
- Token Standard: Updating…
- Contract: Updating
- Token type: Utility
- Total Supply: 20,000 CRAFT
- Circulating Supply: Updating
Token Release Schedule
The allocation schedule is as follows:
- Team(6%): 6-month course, pay from the 7th month of each month 5% until the end
- Developer(5%): 3-month course, pay from the 4th month every month 10% until the end
- Marketing(5%): 3-month course, pay from the 4th month every month 10% until the end
- Airdrops(5%): 1 month course, pay from the 2nd month every month 10% until the end
- Game Incentives(10%): 6-month course, pay from the 7th month of each month 5% until the end
- Advisor(5%): 1 month course, pay from the 2nd month every month 10% until the end
- Seed sale(4.2%): 5% TGE, pay 9.5% per month for next 10 months
- Strategic sales(5.8 %): 7% TGE, pay 9.3% per month for next 10 months
- Private sale(8.4%): 10% TGE, pay 9% per month for next 10 months
- Public sale(4.5%): 20% TGE, pay 20% every next month
- Ecosystem(5%): 5% TGE, pay 9.5% per month for next 10 months
- Partner(5%): 5% TGE, pay 9.5% per month for next 10 months
- Fund(14.1%): 5% TGE, pay 9.5% per month for next 10 months
- Staking(7%): 5% TGE, pay 9.5% per month for next 10 months
- Liquidity Providers(10%)
Current CRAFT rate
Where to buy Tale Craft tokens?
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Subscribe to the main channels of TaleCraft to receive the latest announcements from the project
TaleCraft is the first Metaverse crafting game project on Avalanche. The project is built with a clear roadmap, beautiful graphics, and hopes to be a good product in the near future. Here is all the information GTA Research team researched the project TaleCraft and is not investment advice. Hope this article will help you get the necessary information and give your personal opinion about the project.
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