Tokens Overview

Last updated 7 hours ago

Tokens Overview

The Dino World ecosystem is comprised of several fungible ERC-20 tokens that serve as in-game currencies and resources. The central token—$FIRE—also has a range of utilities outside of the core game, including as a token used during gamified NFT mints on the Firepot launchpad.

Dino gameplay is designed to encourage token use as much as possible. In almost every case, used tokens are burned, permanently removing them from circulation. These mechanics are designed to keep token inflation in check with players incentivized to burn tokens to progress in the game.

We aren't advocates for buy-back style burns or any type of 'ponzinomics' that don’t accurately reflect token usage. As such, our burn methods will always be built on interacting with the Dino platform and the many products we offer.

Gameplay mechanics and tokenomics are intrinsically linked in Dino World, ensuring that gamers can benefit from playing while discouraging them from simply accumulating. As the saying goes: if you want to cook a pot, you gotta light a $FIRE.

With the exception of $ETH, the primary token of the Ethereum blockchain, there are currently two tokens used in Dino World.

$DINO
$FIRE

As the game and ecosystem expand, additional tokens may be added. As with the current tokens, each will be meticulously designed to ensure they strengthen the ecosystem and are fun to interact with.

We assign no value to the $FIRE token or any other token in the Dino ecosystem. They hold no economic value, and its only intended purpose is for interacting within the Dino ecosystem.

Tokenomics - Distribution

$DINO Token Distribution

The total supply of $DINO is fixed (e.g., 100 million tokens for illustration), allocated across various stakeholders and use-cases. Dino World’s token distribution is geared toward rewarding the community and funding game development, with a significant portion set aside for play-to-earn rewards. The table below summarizes the allocation categories, their percentage of total supply, and vesting schedules:

Earning Mechanics

A core pillar of Dino World’s tokenomics is play-and-earn – rewarding players for their in-game activity. The game provides multiple avenues for players to earn tokens, both $FIRE and $DINO, through skillful play and engagement. Below is a breakdown of how players can earn each token:

Earning $FIRE (Utility Token): $FIRE is meant to be earned frequently as you play:
- Daily Login Rewards: Simply logging in each day grants a small amount of $FIRE to encourage regular activity. Loyal players who check in daily build up a steady income of $FIRE over time.
- Quests & Challenges: Completing daily quests, weekly missions, or special event challenges will award $FIRE. For example, winning a certain number of matches in a day or participating in a holiday event might yield bonus $FIRE. This incentivizes players to engage with various game modes and objectives.
- Battles and Performance: Players likely earn $FIRE by playing PvP battles, especially in unranked or PvE modes. Victories might grant more $FIRE than losses, and exceptional performance (like win streaks or defeating higher-ranked opponents) could yield extra. Additionally, Seasonal PvE events could drop $FIRE as rewards upon completion.
- Dino NFT Yield (Staking NFTs): Each owned dinosaur NFT can generate $FIRE passively, based on its level, rarity, or traits.In essence, by holding and improving your NFT dinos, you “stake” them to produce $FIRE daily. Higher-level or rarer dinos might have a higher $FIRE yield rate. This mechanism rewards collectors and long-term players – your team literally works for you over time. It’s also an in-game representation of “mining” where your assets produce value. (For instance, a max-level legendary Dino might produce X $FIRE per day, whereas a low-level common produces much less.)
- Special PvE Modes: If Dino World includes cooperative raids or boss battles, contributing to those victories might grant $FIRE rewards to all participants. Similarly, community-wide challenges (like collectively defeating 1,000 bosses in a week) could unlock $FIRE rewards for everyone.
Earning $DINO (Primary Token): $DINO is scarcer, so it’s earned through more competitive or long-term activities:
- Ranked Match Rewards: At the end of each ranked season (e.g., monthly), top players are awarded $DINO from the Play-to-Earn reward pool. Higher leaderboard placement yields a larger share. This means that by excelling in competitive play, players can earn chunks of $DINO (beyond just the $FIRE from regular play), effectively monetizing skill.
- Tournaments & Competitions: Official tournaments often have prize pools funded in $DINO. Winners and top finishers receive $DINO payouts in substantial amounts. Even community-organized tournaments might use $DINO as rewards (with Dino World possibly seeding some events from the ecosystem fund). The thrill of tournaments is not only glory but also the chance to win significant $DINO stakes.
- Achievements & Milestones: The game features an Achievements system – when players reach certain milestones (for example, first time reaching top 100 rank, or accumulating 1000 wins, or special gameplay feats), they earn one-time $DINO rewards. Achievements serve as both guidance for new players and long-term goals for completionists. By tying some big achievements to $DINO, the game ensures that dedicated players who hit major milestones are celebrated and compensated.
- Wager Battles (PvP Betting): Dino World enables an opt-in “wager” mode for PvP, where players can bet a certain amount of tokens (either $DINO or $FIRE) on the outcome of their match. The winner takes 100% of the pot (and a portion of the loser’s wager might be burned or sent to treasury as a fee). This high-risk, high-reward mode allows skilled players to earn $DINO directly from opponents. It also introduces a spectator betting possibility in the future, but primarily it’s a way for players to put their money where their mouth is in duels. (Appropriate matchmaking or mutual agreement is required to ensure fairness in wagers.)
- Staking Rewards: Holders of $DINO can stake their tokens in the Dino World staking contract to earn passive yields in $DINO. Essentially, by locking up $DINO for a period, players receive a share of staking reward pool (which could be funded by a portion of ecosystem or game revenue). Stakers might also get additional benefits like voting rights (for governance) or perhaps small $FIRE drip as a bonus. Staking not only provides token holders an APY, but it also supports the token’s value by reducing circulating supply and aligning holders to the project’s long-term success.
- Community Contributions: Dino World may reward community builders and contributors with $DINO. For example, creating popular fan content, referral programs (bringing new players), or reporting critical bugs through a bounty program could yield $DINO tokens as thanks. This encourages an active, positive community.

Token Utility and Economy

Having multiple ways to earn tokens is only half the design – equally important is giving players meaningful ways to use and spend $DINO and $FIRE, to drive an internal economy. Dino World’s token utility is carefully crafted to create a circular economy:

$DINO Utility: As the premium token, $DINO has several high-impact uses:
- Governance: $DINO holders will be able to participate in governance votes (discussed more in Community & Governance). This may include voting on game balance changes, new features, or treasury spending. A decentralized autonomous organization (DAO) structure could emerge where $DINO is the voting weight.
- Marketplace Currency (High-Value Trades): While small in-game purchases might use $FIRE, any major transactions could use $DINO. For instance, trading dinosaur NFTs on the official marketplace might be conducted in $DINO or require a listing fee in $DINO. Since $DINO represents stake in the ecosystem, using it for NFT trades can feedback value to the token (possibly fees from trades go to a community treasury in $DINO).
- Tournament Entry Fees: To join certain elite tournaments or leagues, players might pay an entry fee in $DINO. As described in the burning mechanisms, a portion (e.g., 20%) of these fees could be burned or moved to ecosystem pools, while the rest forms the prize pool. This both creates demand for $DINO (players buy in to compete) and adds a deflationary aspect that benefits all token holders by reducing supply.
- Premium Purchases: Future premium content like land plots (if Dino World ever introduces land NFTs or guild bases), special cosmetic skins for dinosaurs, or naming rights could be purchasable only with $DINO. These are non-essential but desirable enhancements that give whales or dedicated players something to spend $DINO on, further circulating the token.
- Staking & Boosts: Apart from staking $DINO to earn more $DINO, there could be options to stake $DINO for in-game boosts. For example, by locking a certain amount of $DINO, a player might boost their $FIRE earnings rate by a small percentage or increase the daily quest rewards. This essentially converts $DINO into a productivity enhancer – a form of voluntary temporary sink that hardcore players might use to accelerate progress. (The design would cap these boosts to avoid pay-to-win, keeping them moderate.)
- Fusion/Breeding Fees: If the fusion system requires a fee, it would likely be in $DINO (similar to how Axie breeding costs AXS). E.g., to fuse two dinosaurs into one, a player might have to spend some $DINO (which could then be burned or sent to the treasury). This creates another sink for $DINO and ties the token’s value to the demand for new powerful NFTs.
$FIRE Utility: As the primary in-game currency, $FIRE is intentionally given many uses to ensure it flows back into the game:
- Upgrades and Items: Players use $FIRE to buy various upgrades for their dinosaurs. This could include equipment, DNA boosters, cosmetics, or consumables that increase a dino’s stats or expedite its leveling. For example, a “growth serum” item might cost X $FIRE to give a burst of XP to a dinosaur, or a cosmetic armor skin might cost Y $FIRE. By spending what they earn, players strengthen their team, which in turn can help them earn more from winning battles – a healthy loop.
- Marketplace Transactions (Low-tier): Minor trades between players (like selling basic materials, or possibly lower rarity NFTs) might be done in $FIRE. If players can sell excess resources or common dinos, pricing them in $FIRE makes sense for accessibility (keeping $DINO for the more rare/high-end trades).
- Fusion Costs: The process of fusing or evolving dinosaurs might consume a significant amount of $FIRE as a catalyst. This means if you want to merge two top-level dinos to create a new one, you must also pay, say, 10,000 $FIRE. This sink is important because top players accumulating a lot of $FIRE will then have a use for it when pushing the boundaries of their roster’s power.
- Energy/Entry Fees: Some PvE modes or special challenges might require a $FIRE fee to attempt (for balance reasons). For instance, entering a special dungeon could cost a bit of $FIRE; this prevents spamming and adds a token sink while the rewards ideally outweigh the cost if you succeed.
- Trading for $DINO: Although not a direct in-game utility, $FIRE can be traded on the market (through DEXs or an in-app exchange) for $DINO or other tokens. This is how players realize earnings: by selling excess $FIRE to other players who need it (e.g., new players who want to buy upgrades immediately might buy $FIRE from veterans). The exchange rate will fluctuate based on supply-demand; if too much $FIRE is in circulation, its price drops, naturally discouraging excessive farming. The team can also adjust faucets and sinks to stabilize this.
- Burning Mechanisms: Dino World implements deliberate burning mechanisms to control token inflation. For $FIRE, many of the spending uses simply remove the tokens from circulation (burn them). For example, if you spend $FIRE to upgrade an item, those tokens might be burned. If $FIRE is used for a wager and the loser’s portion is taken as a fee, that fee could be burned. By continually burning a portion of $FIRE spent, the game ensures that as the player base grows and more $FIRE is earned, a roughly equivalent amount is leaving the supply, maintaining balance.

In summary, $DINO is the governance and high-level utility token with fixed supply and controlled distribution, whereas $FIRE is the day-to-day currency fueling gameplay with an adaptive supply. The two tokens complement each other: $FIRE drives engagement and progression, and $DINO ties the ecosystem’s value together and gives players long-term stake in the project.

Economy Balancing and Sustainability

Maintaining a sustainable game economy is a top priority for the Dino World team. Lessons from earlier GameFi projects (like Axie Infinity’s boom and adjustment period) have been carefully considered. Several measures are in place to ensure long-term balance between token minting (inflation) and spending (deflation):

Controlled $FIRE Issuance: All $FIRE earning mechanisms (daily rewards, quest payouts, etc.) are monitored and adjustable. If data shows too much $FIRE entering the economy (leading to inflation and price drop), the developers can tweak rewards down or introduce new sinks. Conversely, if $FIRE becomes too scarce (deflationary spiral), rewards can be boosted or costs lowered. This agile approach to balancing keeps the utility token stable and the game economy healthy. The team’s risk assessment marks inflation as low likelihood but high impact, mitigated by “implementing new burning mechanisms or limiting token issuance” if needed (e.g., temporarily reduce daily rewards).
Burning and Buyback Programs: As described, a portion of tokens used in various features is burned. For $DINO, tournament fees and other spendings contribute to an ecosystem pool or get burned directly, effectively removing tokens from circulation. Dino World might also allocate part of its revenue (from NFT sales or marketplace fees) to buy back $DINO or $FIRE from the market and burn them, supporting token value. These deflationary tactics counterbalance the play-to-earn emissions.
Anti-Whale Vesting: With team and investors on long vesting schedules, sudden large token dumps are prevented. This means the market supply of $DINO remains distributed among players and the community rather than concentrated in early holders, reducing volatility.
Treasury and Eco-Fund Use: The 12% Ecosystem allocation and portions of fees that go to the community treasury can act as shock absorbers. For example, if additional incentives are needed to spur player growth (or to reward players during a lean period), tokens from the ecosystem fund can be injected via events. Conversely, if too many rewards are causing issues, future allocations can be slowed. This flexible fund management is part of ongoing economy tuning.
Regular Monitoring and Transparency: Dino World will provide transparency reports on the economy – e.g., how much $FIRE is minted vs burned per month, how much of the $DINO reward pool remains, etc. This data helps the community trust the game economy and also helps in collectively deciding any changes (through governance) if needed. The development team is committed to regular audits of the in-game economy and has tools in place to detect and prevent exploits (like bot farms or multi-account abuse that could skew token distribution). Any suspicious activity can be addressed quickly to protect the economy’s integrity.

By combining these approaches, Dino World aims for a long-term sustainable play-to-earn model. The goal is to reward players generously for their time and skill, without leading to hyperinflation or token value collapse that could undermine the ecosystem. Balancing a game economy is an ongoing process, but Dino World enters the market with a robust tokenomic foundation and a clear plan to adapt as needed.

door—we take care to ensure that every project that launches is vetted for quality and adds value to the ecosystem.

As community and decentralization are fundamental to Dino World, our ecosystem will eventually include a DAO that puts community participation first. This DAO will govern the Dino World treasury and vote on key ecosystem functions.

Dino World provides a range of public APIs that allow developers and gamers to query the Dino World protocol.

Dino World is here for the long haul and we’ve got a lot planned for the ecosystem, but remember, we do love surprises. We’ve got a lot of exciting features coming up that we haven’t explicitly announced, so make sure you’re following our announcements for all the latest updates.

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