Mines of Dalarnia

What is the token?

Mines of Dalarnia, abbreviated as DAR, is an action-adventure game integrating blockchain technology. It features a play-to-earn model where players can mine for resources, engage in combat, and explore various biomes within its metaverse. The DAR token is the native cryptocurrency of the game, used for transactions and governance and as a reward mechanism within the ecosystem. It allows players to purchase in-game items, stake for rewards, and participate in the governance of the game’s development.

Tokenomics

• Total Supply:

• 800,000,000 DAR

• Allocation:

• Foundation: 20%

• Play to Earn: 20%

• Team: 15%

• Private Sale: 15%

• Ecosystem (Unallocated): 7%

• Advisors: 7%

• Marketing: 6%

• Liquidity: 5.5%

• Launchpool: 3%

• Public Sale (IDO on PancakeSwap): 1.5%

Market Data

As of today #{today’s date}, the price of Mines of Dalarnia is ₹16.70 INR or 0.18056 USD, with a 24-hour trading volume of 33364662.59 USD. The market capitalization for Mines of Dalarnia is 106746715.21USD. The circulating supply is 593972190.54 Mines of Dalarnia, with the total supply also being 800000000 Mines of Dalarnia.

Token Pros and Cons

Pros:

• Integrates play-to-earn mechanics, incentivizing players with real-world value.

• Offers governance rights to token holders, allowing community-driven development.

• Features a metaverse with virtual real estate that can be bought, sold, or rented.

• It is not overly complex, making it accessible to new players and crypto enthusiasts.

• Provides multiple avenues for earning, including staking and completing in-game tasks.

Cons:

• High volatility, as with most cryptocurrencies, can lead to significant price fluctuations.

• The success is heavily dependent on the game’s popularity and player base.

• Regulatory risks associated with cryptocurrencies and blockchain gaming.

• It requires an understanding of both the gaming and cryptocurrency markets for investment.

• The play-to-earn model may not be sustainable in the long term if player growth stalls.

Why Should You Invest in the Coin?

• The game’s play-to-earn model offers a potential source of income through gameplay.

• As the game develops, early investment in DAR could be appreciated if the game gains popularity.

• The governance aspect empowers investors to have a say in the project’s future.

• The token has shown significant returns since its ICO, indicating potential for growth.

• The game’s simple mechanics make it an accessible entry point into crypto space.

USP of the Coin

• Mines of Dalarnia combines gaming with blockchain real estate, creating a unique metaverse experience.

• The DAR token allows for a decentralized governance model, giving players control over the game’s direction.

• The game’s design mirrors aspects of the cryptocurrency industry, potentially educating players about crypto.

Problem the Coin is Solving

Mines of Dalarnia aims to solve the lack of real-world value in traditional gaming by allowing players to earn cryptocurrency through gameplay. It also addresses the issue of centralized control in game development by implementing a governance system where players have a say.

Founder and Team Background

The founder and team behind Mines of Dalarnia (DAR) are associated with Workinman Interactive. Jason Arena is the CEO of Workinman Interactive, which is the development studio responsible for creating Mines of Dalarnia. Workinman Interactive has a team of skilled illustrators, developers, and other professionals who have been creating games since 2006. The studio has developed effects for notable clients such as Disney Studios and Marvel Studios. In the early years, Workinman focused on visual effects for Hollywood movies but shifted its focus towards blockchain games since 2019, with Mines of Dalarnia being their most successful project.

ICO Price

• IDO Token Price:

• 1 DAR = $0.075 USD

• Initial Allocated Units: 24,000,000 Tokens for fundraising

• IDO Date:

• The IDO for Mines of Dalarnia took place on November 4th, 2021, for a one-day event.

• Amount Raised:

• During the IDO, Mines of Dalarnia successfully raised $900,000.

• ROI:

• The Return on Investment (ROI) from the IDO price was 2.8x, equating to a +180.3% increase.

• Platform:

• The IDO was conducted on PancakeSwap, a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.

Risks Associated in Investing in the Coin

• The value of DAR is tied to the success and popularity of the Mines of Dalarnia game.

• Regulatory changes in the cryptocurrency or gaming industry could negatively impact DAR.

• The market for play-to-earn games is competitive, with many projects vying for players.

• Cryptocurrency investments are speculative and can lead to financial loss.

• The long-term sustainability of the play-to-earn model is unproven and may affect the token’s value.

Whitepaper Insights

The Mines of Dalarnia whitepaper outlines the game’s mechanics, tokenomics, and the role of the DAR token within the ecosystem. The game features a play-to-earn model where players can mine resources, battle creatures, and explore different biomes. The DAR token is used for in-game transactions, staking, and governance, allowing players to vote on proposals and influence the game’s development.

The whitepaper details the token distribution, with a total supply of 800 million DAR tokens allocated across various stakeholders, including the team, advisors, and ecosystem incentives. The game’s economy is designed to be sustainable, with mechanisms in place to balance the supply and demand of resources and tokens.

Governance is a key aspect of Mines of Dalarnia, with DAR token holders having the ability to propose and vote on changes to the game. The whitepaper also discusses the future roadmap, which includes the introduction of multiplayer features, space stations, and additional in-game assets.

The whitepaper emphasizes the game’s accessibility and potential to attract players from outside the crypto community. It also highlights the educational aspect of the game, which can introduce players to the concepts of cryptocurrency and blockchain technology.

Overall, the whitepaper presents Mines of Dalarnia as a game that offers both entertainment and economic opportunities, with a strong focus on community involvement and sustainable growth.