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HomeCOINSWhat Is Elfworld(ELFT) Coin Review ? Complete Guide Review...

What Is Elfworld(ELFT) Coin Review ? Complete Guide Review About Elfworld

What Is Elfworld(ELFT) Coin Review ?

Elfworld is a P2E (Play-to-Earn) game platform built on the BSC network, connect with MetaMask to play. Players can enjoy many types of games for entertainment in their spare time and, more importantly, be able to earn extra income through the Elfworld game ecosystem. Using the NFT Training feature, players will earn passive income from their NFT without having to sell them.

Elfworld Elves are NFT characters cast to ERC-721 standards and can be used by the players to earn passive income. Players are allowed to use Elfball to collect elves and earn ELFT through training, dueling and other strategies. There are more fun application scenarios coming soon.

Elfworld The game runs on the BSC (Binance Chain) network, which will ensure very low transaction costs. It is compatible with web3 wallets such as MetaMask for accepting transactions and paying gas fees. MetaMask can be installed as a browser extension or as an app on mobile devices.

Elfworld (ELFT) Storage Key Points

Coin BasicInformation
Coin NameElfworld
Short Name(ELFT)
Circulating SupplyN/A
Max SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Token Information

Elfworld The token is deflated using a deflation model. The deflation stops when the total supply deflates to 21,000,000 tokens. The specific rules are: 6% tax is deducted from each transfer, of which 2% is destroyed, 2% goes into the fund pool, and 2% is issued as a referrer reward (the specific rules are: airdrop ELFT to a new wallet address that has not had ELFT before, Then the contract automatically establishes a token recommendation relationship, and the token recommendation relationship has two levels. The first-level recommendation address and the second-level recommendation address enjoy 1% of the token recommender reward).

ELFT Withdraw

Elfworld The token withdrawal system operates on an account basis, and each account will be charged a different fee, depending on the latency time selected by the player. know that when there is a panic situation, people may be affected to become eager. Our approach to these situations is as follows.

The withdrawal rate will start at 75%. Every day it will decrease by 5% until it reaches the minimum value of 5%. 60% of the withdrawal fee will be used to burning directly, which will result in a significant increase in value. Thus, when a person sells something that should hurt the market in panic, he will benefit from ELFT because if the rate is high, he will help destroy a large number of tokens. remain 40% of the withdrawal fee will be used as Foundation income.

Evolution

Elfworld In the story, the elves and humans initially do not distinguish each other and belong to the same species. Over time, some of the creatures evolved to form humans. This statement is mentioned many times in the story, but is not confirmed. Mew is considered to be the ancestor of elves, which evolved into other elves. The earliest humans were born millions of years ago in the Stone Age. In biology and genetics, all elves belong to different branches of the same species, so it is possible for even different species of elves to lay eggs in the Incubation House.

Fighting

Elfworld Battle with other players with your Elf and receive rewards. Take your Elf on daily quests to earn rewards and Elf Chests. Both the game and Elfs will be updated frequently.

Elf Training

Get your own Elves. Use ELFT to buy Elves from the Marketplace. Have your Elves join Training and earn ELFT as daily rewards. Anyone can buy Elves and participate in Training.

NFT Market

Elfworld Buy and sell your Elves and equipments with other players in the game. The marketplace will be open at launch. NFT trading is subject to 10% service charge, including 8% platform charges and 2% market rewards.