Tokenomics

Tokenomics

Tokenomics

In the casual golf game of Golf Super Crew, players do not need to wait for other players.
Each player can enjoy quick games at their own pace.

Golf Super Crew realizes everything you can imagine enjoying with golf: from game modes like Super League where 20 players all play at the same time to get to the top, to One Point Mission where players can hone their skills and prove their abilities. Competing with players from around the world in real-time becomes a reality in the game's many tournament modes,
like Shot Challenge, Crew Made Open, and Golden Clash.

The root of the tokenomics of Golf Super Crew is rooted in players participating in core in-game competitive content
and winning rewards by competing with other players.

Ultimately, players are encouraged to continuously improve their golf skills and compete. These efforts and their subsequent victories generate practical value through the tokenomics of Golf Super Crew, with the ACE Token at its core.

In Golf Super Crew, players can get V-DIA as rewards for winning in the Golden Clash, Crew Made Open and Shot Challenge modes. Given for winning in this modes, V-DIA is connected to the game's tokenomics.

• A 1vs1 PvP mode with a set entry fee of in-game resources per tour, where players compete with other players.

• A mode where players can take initiative and hold their own tournaments. Other players can also choose to participate in any of the wide range of tournaments available from amateur to champion.

• Closest to the Pin: with one shot taken by each of the 10 players, each player's rank is determined by how close to the pin their shot was. Rewards are given to players that finish high in the rankings.

• Putting Rush: players each attempt to make putts within a given time. Rewards are given according to the number of putts made.

• Games held on a seasonal basis where players can pay entry fees to participate in rounds.

• Games played in tournaments where the result of each game determine the rewards, as well as whether a player qualifies for the next round or is eliminated.

Players can get V-DIA as the reward for winning or finishing high in the rankings in the Golden Clash, Crew Made Open and
Shot Challenge modes. However, V-DIA is only given as rewards in certain content within these modes where DIA entry fees are required. This is to minimize imprudent participation in games and abuse of the system.

• The maximum supply of the ACE Token is 100,000,000 ACE. Here are the Issuance/Usage Plan.

• The amount allocated to the in-game economy is equal to the amount of ACE Tokens minted using V-DIA given as gameplay rewards.

• Within the in-game economy, ACE Tokens can be minted under the TOKEN menu in the game of Golf Super Crew.

• Here are the requirements for the in-game minting of ACE Tokens.

• The minting of ACE Tokens requires the amount of V-DIA according to the base exchange ratio of the ACE Token
  (1 ACE = 100 DIA), as well as a minting fee of an additional 5% of the amount of V-DIA used for minting.

  • For example, the amount of V-DIA required to mint 1 ACE Token is:
    100 V-DIA, according to the base exchange ratio + 5 V-DIA, for the 5% minting fee = 105 V-DIA

• To ensure the stability of ACE Token value, token minting will be temporarily halted once a certain condition is met.

  • The ACE Token's own PSM (Peg Stability Module) will temporarily halt the minting of the ACE Token once the price of ACE
    on WEMIX PLAY GameFi drops to below $0.75. Minting will only continue once the price returns to a stable range.

• ACE Tokens on the blockchain network can be exchanged to the in-game resource DIA under the in-game TOKEN menu.

• There are no additional fees for exchanging ACE to DIA. The amount of DIA given is calculated based on
  the token to DIA exchange ratio (1 ACE = 100 DIA).

• All ACE Tokens exchanged to DIA are moved to a Dead Wallet and removed from the circulating supply of ACE.

• The gas fees for both the minting and exchanging of the ACE Token are paid in WEMIX.

• The ACE Token is exchanged to the in-game resources of DIA/V-DIA. ACE Tokens exchanged to DIA can be used in-game again, for participating in competitive content, buying items and more.

• Future plans for the game of Golf Super Crew include the addition of an NFT shop for special clubs and accessories, where the ACE Token will be used to buy (exchange with) NFT.

• And uses of the ACE Token will continuously and gradually be expanded even further.

• The ACE Token supports the interchange of the ACE Token and WEMIX$ through the ACE:WEMIX$ SWAP Pool set up on WEMIX PLAY.

• There are plans for the ACE Token to be given as rewards for in-game content such as tournaments held regularly,
  as well as those held irregularly.

• While ACE Tokens are currently utilized as rewards in online tournaments, the use of ACE Tokens as tournament rewards may extend to offline tournaments in the future, depending on factors such as the game's overall success and service environment.