Alternate Money

What Is Alternate Money (AM)? Complete Guide Review About Alternate Money.

What Is Alternate Money (AM)?

Video gaming is the most lucrative sector in the entertainment industry. This sector is estimated to be worth over $100 billion per year. Between 2016 and 2020 the compound annual growth rate was estimated to be 6.2%. Cryptic Games targets approximately 80% of the global gamers who use both mobile phones and computers. Alternate Money employs an anti-auto trading bot. The token smart contract is built in a way that blocks any bot’s trading activity by providing a trading delay function.

Alternate Money Storage Key Points

Coin BasicInformation
Coin NameAlternate Money
Short NameAM
Circulating Supply22,223,238.00 AM
Total Supply24,050,358
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Official Project WebsiteClick Here To Visit Project Website

What Is the Future Outlook for the Global Games Market?

The EverFight project is focused on providing an entirely selfsustaining virtual gaming platform. The structure adds up to a consistent, economic, and fair system that would encourage gamers to participate. The games market will continue to grow in the following years, exceeding $200 billion at the end of 2023. By then, forecast the games market to grow with a +8.3% CAGR to $200.8 billion.

Problem Definition

This is an issue that is yet to be addressed in the virtual gaming world. Generally, there is a growing demand for efficient virtual gaming platforms,
where virtual assets are beneficial in terms of the status of the gamer and
progression through the games. Secondly, due to the growing value of the virtual asset, it will be critical to ensure fair gameplay. Also, a gamer’s effort should be rewarded with virtual assets apart from enjoyment.

EverFight games ($EF) Token Function

Alternate Money is the native EverFight token. It is a hyper-deflationary crypto-asset; meaning even as demand will increases, the supply of the tokens will decrease. $EF uses include entry fee settlement, holding for benefits, and running the Ever Fight games ecosystem. It is the currency used in the EverFight games. Players can win $AM tokens by playing the game, use it to buy new NFT characters, upgrade their characters and game profile.

Crypto Wars

Alternate Money is a turn-based strategy game where anyone can earn $AM/BNB tokens through gameplay. Users can battle other players using well-known figures in the cryptocurrency ecosystem. Using the $AM currency players can buy new NFT characters, change their skins or enhance their fighting abilities.

Full Decentralization Absolute Fairness

Alternate Money games achieves fairness by offering a fully decentralized minigame wrapped in the cryptocurrency theme. EverFight games allows the gamer to use cryptocurrencies to play online minigames versus other players. Players join cumulated crypto pools called ‘rooms’ by paying the entry fee.

The winners are decided by the usage of the randomization script used by a smart contract which is governed by a master smart contract that initiates and manages game functions. CrypticGames eliminates biases while ensuring fair gameplay.

Randomized games: Rewards

The pool (rewards) is divided among the winners. The amount each player (winner) receives depends on the entry fee amount they have paid. A player is rewarded with a percentage of the total entry fees in the current pot. This process happens automatically through the smart contract.

Holder Game

The holder game receives 2% of the pool value for each game played(BNB tokens) and 1% of every sale of $AM or $EF tokens(BNB tokens); a process that is enabled by a smart contract. It is specifically created for $EF holders. Investors holding a specified amount of $EF tokens can take part in a game that takes place every three days. This game requires no entry fee. The earnings of BNB from this game depend on the amount of EF tokens you hold.

Buyback pool bot

Buyback pool bot ‘Satoshi stacker’ receives 3% of the pool value for each game played on Alternate Money platform as well as 5% from every sale of $EF or $AM tokens. The bot automatically buys $EF tokens from the exchange when the algorithm requirements are met.

These tokens are burnt. The game tax will be different for each token. If you play with $EF or $AM tokens they will be burnt. If you play with BNB the tax will go into the Holder Game and into the Satoshi stacker Buyback bot.