Alloy Utility Token ($ALLOYXP)

$ALLOYXPs are the transactional currency of the platform used for purchasing games, making in-game purchases, and transacting Asset purchases and trades. $ALLOYXPs are fiat-backed stablecoins tied to the value of the US dollar.

• Alloy gamers can refill the balance of $ALLOYXP with fiat (i.e. government-issued currency, such as the U.S. dollar, the euro, etc.) at a fixed exchange rate on the platform.

• Alloy gamers can earn $ALLOYXP by:

  • Selling their Assets or booster packs in the Alloy marketplace

  • Renting out their Assets in the Alloy rent market

  • Playing games with their T1 or T2 Assets

  • Staking their T1 Assets in the T2 booster pack minting pool

• Alloy gamers can use $ALLOYXP to:

  • Purchase games and make in-game purchases

  • Purchase T1 and T2 booster packs from the marketplace

  • Purchase individual Assets or booster packs on the marketplace

  • Rent Assets on the rental market

To exchange $ALLOYXPs for fiat, players can use swap services on DEXs.

The diagram visualizes in- and outflows of $ALLOYXPs from Alloy gamer's perspective.

• Developers are rewarded with $ALLOYXP for having Alloy gamers play their games with Alloy Assets

Please see the Business Model and Revenue Sharing section of the full White Paper for more details on how Alloy’s business model is designed around Alloy tokens and Alloy Assets.