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HomeCOINSRetawars GoldRose Token (GRT) Coin Guide & Detailed Review

Retawars GoldRose Token (GRT) Coin Guide & Detailed Review

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About Retawars GoldRose Token

Play-to-Earn. This system, in which rewards obtained through gameplay are linked to real revenue, has provided a new paradigm for the game’s revenue model, driven by the growth of blockchain and NFT, and the success of Axie Infinity. Finally, developers and investors entered this market and started preparing for P2E games. At the moment, there are countless P2E games on the market.

Retawars GoldRose Token been playing and scrutinizing P2E games in our respective positions. Sometimes we made profit, and sometimes lost. What they have witnessed in the process is that so many P2E games have vanished in vain because of basic obstacles. And they have defined the three most essential agendas in this market as issues.

Retawars GoldRose Token Basic Points Table

Coin BasicInformation
Coin NameRetawars GoldRose Token
Short NameGRT
Circulating Supply3,000,000.00 GRT
Total 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

Excessive Marketing Abuse

Some game offered amazing benefits to free users to attract new users. DAU temporarily rose significantly, but the price of this ‘free income’ was horrendous inflation. This is because the proportion of people who immediately sell their profits to the market is overwhelmingly higher than those who reinvest their profits from the game. They witnessed the negative effects of increased advertising costs as a result of many competitors appearing in the market. Some games were successful in attracting users’ attention by spending hundreds of thousands of dollars in advertisements and promotions before launch, but this also caused serious inflation.

Excessive airdrops before launch led to dumping from the first day of DEX trading, causing the token price to drop, and the development team had to use a larger percentage of the tokens allocated to their marketing pool to cover their marketing expenses. As such, more tokens were distributed on the market, which led to a vicious cycle that brought further price declines. Excessive PR costs have also caused damage to holders. The most severe problem is that no one knows how much time is left until the actual product is released, even with high marketing costs.

Team

Retawars GoldRose Token Team

Limitations of Tokenomics by Game Structure

The perception that Play-to-Earn games have a short life cycle is already widespread and many people think of scholarship miners, typical cherry pickers, and organized mining groups as the cause of this paradigm. But in fact, if you look behind the scenes of this paradigm, tokenomics and game structure can be a more significant cause. Cases of adding contracts and tokenomics to game resources that have already been developed for other purposes: Games that do not consider the token ecosystem in the design stage have the limit of being fundamentally vulnerable to inflation.

Game resources developed for Pay-to-Win or other markets are built in a structure that provides repeated growth and rewards. However, these game structures have vulnerabilities for gamer types that have not been considered until now. That type means A gamer who does not grow anymore and only pursues profits. This type has exploded with the growth of the Play-to-Earn model and has achieved a huge market. And this is closely related to how many P2E business models and tokenomics are inflationary today.

Inflation due to ecosystem reward structure

Tokens in the traditional Cryptogame ecosystem, which were usually issued to replace In-game currency, focused on Rewards rather than value. The user’s token acquisition meant a reward, a result, rather than participating in the ecosystem cycle. As a result, these tokens were difficult to elicit clear retention motivation from users, which led to ‘sell immediately’ the result-oriented Play-to-Earn user, resulting in inflation.

The Axie Infinity (AXS/SLP) paradigm has emerged to isolate the governance token from the in-game in order to avoid inflation risks, but have designed a new dual-token system with a completely different approach from other existing tokens. RETA created an ecosystem in which the two tokens interact closely to create synergy, making every element of the dual token have its own value.

After much research and analysis, they have concluded that traditional game-level design methods cannot fully sustain this new game ecosystem. That meant abandoning all of the old paradigms to make every player’s action part of the cyclical process of the gigantic crypto ecosystem. So, in order to implement a Play-to-Earn ecosystem suitable for a new paradigm and crypto environment, they have started preparing a completely new game that has never existed before.

Why Choose Retawars GoldRose Token?

Unlike the existing coin market, where developers, foundations, and users have grown into a single strong holder community, the P2E game market, which is still in its infancy, has not yet abandoned the relationship of company- customer. They analyzed it the root of the problems occurring in the existing P2E market. They begin your relationship as the developer and the player, but that is not same as the relationship between the company and the customer.

They decided to develop the game in a way that raises the value of RETA together with players, breaking the traditional corporate custom such as selling goods (NFT) to customers. They will strive for the growth and circulation of the RETA ecosystem, and furthermore, build a holder community that promotes common interests. This is the right direction for the P2E game ecosystem we are proposing.

Where Can You Buy Retawars GoldRose Token (GRT)?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest GRT/BUSD.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include GRT/BUSD And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Retawars GoldRose Token Market Screenshot

Retawars GoldRose Token Supported Wallet

Several Browser And Mobile App Based Wallets Support Retawars GoldRose Token. Here Is Example Of Wallet Which Retawars GoldRose Token – Trust Wallet For Hardware Ledger Nano.

Roadmap

Retawars GoldRose Token Roadmap

FAQ Of Retawars GoldRose Token

Where I Can Find Retawars GoldRose Token Whitepaper?

You Can Find Retawars GoldRose Token Whitepaper By Clicking Here.

Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – PancakeSwap (V2).

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is 3,000,000.00 GRT.

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .
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About Retawars GoldRose Token Play-to-Earn. This system, in which rewards obtained through gameplay are linked to real revenue, has provided a new paradigm for the game's revenue model, driven by the growth of blockchain and NFT, and the success of Axie Infinity. Finally, developers and...Retawars GoldRose Token (GRT) Coin Guide & Detailed Review