ALC Tokenomics

How to Play to (L)Earn
(Subject to evolve/change as we grow)*

Participation Rewards

1 | What is Algo Leagues Coin (ALC)?

It is an Algo Leagues exclusive in-game participation rewards asset that the team does not plan to sell. We will leave it up to you, the players, to build worth into how you see fit, over time
A Governance token
Used to upgrade NFT Rarity in The Upgrade Chamber
Used in The Algo Leagues ALC NFT Swap for NFTs

2 | How does one add value to the coin?

You can use it to swap with other players to exchange characters or catalysts
Because we never sell it, eventually, it will run out and you the players will decide how much it's worth.
For now we will use it to reward you, the players, for your continued participation and support
It will be used a medium of exchange so as you participate you earn Algo Leagues Coin and can exchange that ALC for cool NFTs, Prizes, and more

3 | How many Algo Leagues Coins are there?

4 | How do you plan to use the total supply?

We as a team have opted into an Algorand Community-Driven Approach:
The community will Participate to Learn, Earn, and build worth into the Algo Leagues Coin as the project develops;
- 350 Million to Player Participation Rewards (In Circulation)
- 320 Million to Algo Leagues Creator Wallet - Partnerships & Collaborations
- 330 Million to Algo Leagues Team Split

5 | How to L(E)arn Participation Rewards (ALC, Etc)?

Purchase and Collect Algo Leagues Official Characters to become apart of the community
Wallet Staking - Receive ALC airdrops weekly for holding your NFTs!
Battle in the Block Wars - Commit your heroes or villains to participate in the daily battles and earn ALC (Discord Game)
Weekly Discord Chat Level - Earn for participation in community
Weekly Discord Trivia - Test your knowledge for a chance to win prizes
Voting (Governance) Participation Rewards (Coming Soon)
Hero Catalyst Missions & Bounties
Catalysts Assets & Upgrade Events - Upgrade Chamber (Discord)