BTSE will list the TOWER (TOWER) token on November 30, 2023, making it available for spot trading. Additionally, TOWER will be listed on BTSE’s wider ecosystem of 10+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade TOWER via the TOWER/USDT and TOWER/USDC trading pairs.
Key Dates
Deposits enabled: 4:00 PM (Singapore Time) on November 30, 2023 (supported network: ERC-20, BEP-20, and Polygon)
Trading enabled: 4:00 PM (Singapore Time) on November 30, 2023
Withdrawals enabled: 4:00 PM (Singapore Time) on November 30, 2023
The TOWER Token: A New Era in Gaming and Blockchain
The TOWER Token represents a groundbreaking initiative by Animoca Brands, blending the worlds of free-to-play (F2P) gaming and blockchain technology. This innovative approach aims to revolutionize the gaming industry by integrating blockchain economics into the traditional F2P gaming model.
Combining Blockchain with F2P Gaming
F2P games, known for their inflationary nature, generate revenue through the abundant creation of in-game assets. Contrarily, blockchain games emphasize asset scarcity and value creation, with a pre-defined and controlled supply of game assets. TOWER seeks to bridge these two approaches, offering a unique solution that harmonizes the inflationary aspects of F2P gaming with the scarcity-driven economy of blockchain games.
The Tower Experiment: Integrating F2P and Blockchain
Animoca Brands introduces the Tower Experiment in its popular Crazy Kings franchise, encompassing games like Crazy Kings (CK) and Crazy Defense Heroes (CDH). This experiment explores the potential of incorporating blockchain features such as Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi), and governance into existing F2P games.
Key Features of the TOWER Token
Governance: Token holders can actively participate in the governance of the Crazy Kings franchise, influencing game development through proposals and voting.
Crypto Economy: The TOWER token facilitates trade, allowing players to buy and sell influence within the game franchise and engage in DeFi activities like staking.
NFTs and Minting: Players can use TOWER tokens to acquire NFTs corresponding to in-game items. These NFTs will have functionalities in both existing and upcoming games in the franchise.
Currency: TOWER will serve as a currency in a new PC-based blockchain game, expanding the Crazy Kings franchise.
Tournaments: The token will be integral in tournament entries and prize distributions, paving the way for play-to-earn mechanics.
Earning TOWER Tokens Through Gameplay
A key feature of this initiative is the ability for players to “farm” TOWER tokens simply by playing Crazy Kings and Crazy Defense Heroes. This approach encourages active participation in the games while gradually introducing players to the benefits of blockchain-based gaming.
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at feedback@btse.com or on X @BTSE_Official.
Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.
