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Dragon Crypto Gaming Unveils Plans for IDO

Posted July 25, 2022 4:28 pm
2 min
By Jethro Sandico

Game dev company Dragon Crypto Gaming (DCG) unveils plans to launch an Initial DEX Offering (IDO) of game utility token Dragon Crypto Argenti ($DCAR), the game announced via Twitter on July 20, 2022. 

Registration starts on July 20, and the IDO roll out is scheduled for July 26 via Avalanche blockchain’s fundraising platform Avalaunch.

In a bid to integrate a sustainable economy, Dragon Crypto Gaming has partnered with decentralized exchange Dexalot, to conduct token price discovery in a transparent on-chain auction that will run from July 27-29. The auction will be followed by a token generation event and the official release of DCG’s flagship fantasy Role-Playing Game (RPG) The Legend of Draconis in August.

The Legend of Aurum Draconis is a Medieval strategy adventure game set in the fertile and resource-filled land of Dragon Haven where the mythical dragons used to roam. 

Utilizing Non-Fungible Tokens (NFTs), the Play-and-Earn game allows players to accomplish story-driven quests, engage in combat, craft equipment such as armors and weapons, and upgrade their Heroes by increasing their stats and skills.

Dual Token Economy

Aurum Draconis will soon have two tokens: the $DCAU, which is required for purchasing Hero NFTs, as well as performing essential actions such as healing and resting; and the $DCAR which will be used for purchasing crafting materials and land.

According to the DCG team on Twitter, “$DCAR is an important pillar of the Dragon Crypto Gaming dual token ecosystem.” Adding “It is the perfect complement to $DCAU, both tokens holding fundamental utility in all DCG games.”

$DCAR (Dragon Crypto Argenti)

Here’s what we know about the token so far:

  • $DCAR has a limited supply of 40 million, with emissions lasting for three years.
  • The token is required for crafting, land ownership, and playing mini-games at the Inn.
  • The team plans to assign $DCAR as the gas token of DCG’s own subnet in the future.
  • Players can stake $DCAR and earn shares from platform revenues.
  • The token will also be vital to the entire DCG ecosystem including games such as Tiny Dragons and The Dragon’s Lair.

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