Tokenomics

$COIN, in-app Currency

Plant Crossing App has a utility currency called $COIN which cannot be traded outside the App. Users earn $COIN in the game through daily walking, or convert directly from the platform token $AVA at certain rates. This currency will mainly serve as in-app consumptions such as purchasing items, cost of upgrading botans and etc. More details will be announced later.

$AVA, Platform Token

The $AVA token is the only platform token of the Plant Crossing as well as Avalon project. It serves as incentives for winners in Arena. Players need to consume certain amount of $AVA to ascend or breed Botans.

During the Alpha test, the $AVA token will be set as a test token on chain (namely $pAVA) which cannot be transferred to or interact with other addresses expect the ones in the whitelist such as the smart contracts of the App. The official $AVA token will be airdropped to early participants in Open Beta Stage based on the activities during Alpha Stage (e.g. all remaining $AVA test token during Alpha Stage will be airdropped with certain ratio e.g. 1:1, the more Botans with higher level with higher rarity will get additional bonus as well). More details will be announced later.

In the future, $BNB to $AVA swap mode will be introduced in Store feature, while $AVA to $BNB swap will also be supported with additional requirements later.

With the growth of the project, $AVA, the only platform token, will be filled with increasing new utilities and value propositions within Avalon ecosystem. For instance, users can convert certain loyalty points of a brand into onchain tokens and purchase digital blind boxes by consume $AVA tokens.