Craft is an action that allows you to create a new Arcade Machine by consuming Arcade Parts and AKIR/AKV or Teras while referring to the recipe.
Arcade Parts are the third type of NFT in AKIVERSE, and can be obtained by Extracting or Dismantling an Arcade Machine, by spending Teras, by winning the Owner Ranking, or by purchasing parts directly from the marketplace.
An Arcade Machine's Accumulator accumulates Energy through gameplay. Extract is an action that allows you to spend Energy / Teras (in-world currency) to acquire the Arcade Parts that make up the Arcade Machine.
As with Craft, this action is performed frequently, since Arcade Parts are needed to Craft a new Arcade Machine.
The number of Arcade Parts that can be obtained during Extract and their probability vary depending on the Energy value. Therefore, it is also possible to earn money by selling them in the marketplace.
When an Arcade Machine’s accumulator has no stored energy and no possibility of accumulating more energy, the Arcade Machine may be consumed (burned) by Dismantling.
Dismantle is an action that allows you to spend Arcade Machine / Teras (in-world currency) to acquire the Arcade Parts that make up the Arcade Machine.
This includes the ROM, Upper Cabinet, and Lower Cabinet in addition to the Accumulator.
Dismantle features the ability to acquire an Upper Cabinet or Lower Cabinet that inherits part of the EXP of the Arcade Machine, allowing the user to Craft an Arcade Machine with initial EXP. In addition, Arcade Machines that no longer meet the needs of the market and are played infrequently by Game Players can be repurposed and reconstructed into highly profitable Arcade Machines.
Owner Ranking is a system in which points are added up at the end of a season (2 weeks) based on the type and number of actions taken by each creator during the season. Rewards (e.g. world currency Teras, Arcade Parts, AKV, etc.) are given according to the ranking. The rewards vary from creator to creator.
By using this Owner Ranking system, creators can increase and manage their own assets, and Game Player can become Arcade Machine Owner, and Arcade Machine Owner can become Game Center Owner.
The three actions - Craft, Extract, and Dismantle - and the Owner Ranking mechanism, which is scored by performing these actions, eliminate the instability in the supply balance of utility and NFT tokens found in other Web3 games. It is the biggest and best feature of the AKIVERSE ecosystem. The following is a description of the system.
First, the opportunities to Burn AKIR/AKV or consume Teras, the currencies that make up AKIVERSE, are greatly increased because these currencies are needed for each action performed by a creator.
Crafting burns AKIR/AKV or consumes Teras as a fee, and crafting is the only way to obtain the newest Arcade Machines, thus a high rate of AKIR/AKV burning and Teras consumption is assured. In addition, the NFT items Arcade Booster and Arcade Booster Max, which accelerate the acquisition of the energy used in performing Extract, require a large amount of AKIR/AKV or Teras to purchase, which is also a factor that will cause a large amount of Burn.
At the same time, this can create upward pressure on the price of AKIRs when the creator base expands.
Boosting an Arcade Machine will cause it to appear higher on players' game search screens, which will lead to more revenue for game play.
In some cases, when AKIR prices are on the rise and Arcade Machine demand is high, these boosted items can be AirDropped to balance the price.
In this way, AKIVERSE can balance the Mint/Burn ratio of the tokens.
Next, let's talk about NFT Burn: to rank high in the Owner Ranking, you need to actively Burn, buy and sell Arcade Machines and Arcade Parts.
In this way, creators can remove the oversupply of NFTs in the market and prevent the floor price of NFTs from falling by Burning NFTs that are no longer needed and by providing incentives for liquidity-enhancing actions.