Today, QORPO World celebrates the token generation event (TGE), premiering their multi-purpose QORPO token listing on multiple leading exchanges, such as ByBit, KuCoin, MEXC and Uniswap. QORPO token went live on the 29th of February at 10 am UTC. QORPO is poised to revolutionize the paradigm of game-specific tokens, introducing a token concept that connects all products within QORPO’s gaming ecosystem.
One studio token over gaming tokens
QORPO World, a Web3 game developer & gaming ecosystem, is dedicated to pioneering a sustainable token model through the introduction of the QORPO token. This innovative studio token is crafted to overcome the limitations faced by tokens tied to individual games, which typically see a decline in value and utility as player interest diminishes. By supporting a comprehensive network of games, player engagements, and non-fungible tokens (NFTs), the QORPO token aims to maintain its relevance and utility over time, facilitating a stable and accessible gaming environment.
“As an ambitious gaming studio, we're thrilled to initiate our multipurpose ecosystem token QORPO to life, marking the most crucial milestone in the history of web3 gaming,” as stated by Rastislav Bakala, Founder and CEO at QORPO.
He continues: “There’s a reason why we call QORPO a multi-purpose token. Every game has its dawn and sunset, pulling a token down once it crosses its zenith. But we support our universal, multi-purpose token with each and every effort we pursue in our studio. There’s always something on the horizon at QORPO World - and every stream converges into one powerful current, QORPO.“
QORPO token utilities
The QORPO Token serves as the cornerstone of the QORPO World ecosystem. When QORPO came up with the idea of unifying all our IPs under one token, they set themselves to bring unprecedented mechanics that leverage sustainability, equity, and accessibility. With all these virtues in mind, QORPO token offers multifaceted utilities.
- Ecosystem token: Seamlessly integrated across all QORPO gaming titles, enhancing utility and scalability as the ecosystem grows.
- Onboarding Web2 gamers: Utilized as the primary currency for converting in-game digital assets into NFTs, facilitating the shift of traditional gamers to the Web3 space. Once the token is used for the minting purpose, it will be burned.
- Platform governance: Token holders gain governance rights, influencing key ecosystem decisions through direct votes on the QORPO WORLD dashboard.
- Medium of exchange: Beyond its governance role, the token functions as a dynamic currency within the ecosystem for purchasing, selling, minting NFTs, trading, and crafting within a vibrant player-driven economy.
- Buy-Back & burn: A dedicated buy-back and burn mechanism ensures a portion of ecosystem revenues are used to purchase and permanently remove tokens from circulation, enhancing scarcity and demand.
- Scalability into B2B: The token is central to QORPO WORLD's B2B strategy, requiring gaming partners to integrate and provide additional utility for token holders.
- Staking: Offers diverse staking opportunities for a broad spectrum of participants including players, investors, and NFT holders, featuring varied entry points and rewards.
- Players incentive: Committed to rewarding engagement, a portion of the tokens is allocated for distribution among players, platform users, and NFT and token holders, tied to ecosystem revenue and engagement metrics.
Token backed by games, accelerated with community
Unlike many crypto projects issuing token prior to main product release, QORPO World released their flagship hero shooter game Citizen Conflict launched on Epic Store since last year. Backed up by more than 450,000 users in the ecosystem and over 35 leading gaming guilds on board, QORPO World presents an accomplished powerhouse on web3 gaming.
Taking a glimpse into the future, QORPO World is confident with its big plans for 2024. As their upcoming creature extraction shooter AneeMate is taking shape, QORPO is gearing up for the alpha release along with the Battle Royale game mode in Citizen Conflict, backed by a planned major esports campaign ahead. Don’t miss your chance to become an early QORPO World supporter and explore all the benefits of QORPO token.