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An In-Depth Look Into Battle For Giostone’s Upcoming BFG Token

Posted October 3, 2022 4:10 pm
4 min
By Jethro Sandico

Upcoming Multiplayer Online Battle Arena (MOBA) game Battle For Giostone is set to launch its Initial DEX Offering (IDO) on October 4, 2022. With the help of Avalanche-based fundraising platform Avalaunch, this initiative will give birth to the game’s $BFG token.

The token, which has a total supply of 150 million, will possess several use cases. Essentially, $BFG will fuel most of the activities in the Battle For Giostone universe. 

Let’s take a deeper look at the token’s utilities, as well as ways to earn them.

Gameplay

BFG is Battle For Giostone’s main currency. According to the team, the token will serve as the game’s “lifeblood.” Although Giostone already has the non-blockchain token $GIOS as in-game credits, the asset has limitations. Participants can only use $GIOS for Forging new Heroes or converting to $BFG.

Basically, the game will reward $BFG to players when they rank high on the leaderboards. Holders can use the tokens for staking, forging heroes, content creation, etc.

Forging Heroes

In Battle For Giostone, participants must acquire Non-Fungible Tokens (NFTs) of “Heroes,” which they can use for tournaments and battles. Players can Buy, Forge, and Sell Heroes using the $BFG token. Additionally, holders can also use $GIOS for Forging new Heroes.

Tournaments

Battle For Giostone is a game that requires skills to win. The project’s highly competitive environment is reflected on how the best gamers in the space are rewarded. Tournament and eSports events will play a significant role in the game’s vibrant world, and the top performers will receive $BFG rewards for their efforts.

Staking

Earning rewards in Battle For Giostone is not limited to the game’s cutthroat battles, as participants are also offered passive ways to gain revenue. An easy way to earn in the game is to stake $BFG tokens. Giostone’s Revenue Sharing program awards stakers with in-game profits (the share increases as players stake more tokens). 

Moreover, participants can also purchase modifiers to boost their Annual Percentage Yield (APY), as well as receive in-game Skins.

Selling Modifiers and Skins

Basically, Modifiers are NFTs that are awarded to teams when they win in battles. On the other hand, Skins are cosmetic upgrades for Heroes. Players can subscribe to the Compendium (Battle Pass) to receive Skins (and other perks) at the end of the season.

Participants can sell Modifiers and Skins on the Marketplace to earn $BFG tokens.

Content Creation

While playing the game is the most exciting part of Battle For Giostone, it also offers other features for its players. Giostone offers a Creator’s program which allows participants to create videos on YouTube or stream on Twitch and have their channel monetized. 

Through the game, talented creators can form partnerships and attract sponsorships, and earn more tokens as a result.

About Battle For Giostone

Battle For Giostone is an upcoming Web3 game that combines facets of eSports and Multiplayer Online Battle Arena (MOBA).

To join the game, players are required to obtain customizable Hero NFTs, which they can use to engage in 5 vs 5 battles. These characters possess unique abilities depending on class. Currently, there are six classes: Melee Warrior, Ranged Warrior, Melee Assassin, Ranged Assassin, Melee Wizard, and Ranged Wizard.

Aside from battles, the game offers other features such as a Story Mode that allows players to surmount challenges in various campaigns. 

Tokens and Assets

NFTs

Hero NFTs are the main requirement for players who wish to engage in the game’s battles and earn rewards. Players can also hold them as assets and sell them in the Marketplace for additional profit.

Players who have acquired NFTs through the presale are granted the chance to forge new Heroes when they reach a certain level in Story Mode. 

When forging a Hero, minters are given the freedom to select the character’s class and abilities, and add more value to the NFTs. This also gives the forger a chance to make their character powerful enough to gain an advantage on the battlefield.

$BFG

$BFG is Battle For Giostone’s official governance token which holders can use for staking, as well as currency for the game’s marketplace, battle pass, and skins, etc. Players can earn the token through gameplay and tournaments.

According to the game’s whitepaper, the token has a total supply of 150 million. Here’s the breakdown:

  • Pre-Seed: 4,500,00
  • Seed: 30,000,000
  • Public: 7,500,000
  • Liquidity:  12,000,000
  • Player Rewards: 30,000,000
  • Staking: 21,000,000
  • eSports: 9,000,000
  • Team: 30,000,000
  • Reserves: 6,000,000

$GIOS

$GIOS is a non-blockchain token designed as in-game credits. Players can use the token to forge new heroes or acquire cosmetic upgrades. Additionally, players can convert $BFG to $GIOS by sending the $BFG tokens to the Treasury. The token is exclusively for in-game purposes only and will not be tradable on exchanges.

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