About COLONY token in Moon Karts

COLONY is the governance token of the arcade colony ecosystem. It can be staked, it can be gotten as reward for several activities in games within the arcade colony. Moon Karts is one of those game.

Moon karts is an amazing racing game. Race lovers, and literally anyone can play the game and enjoy it. Players get to build their skills while partaking in thrilling races. The in-game management is another captivating aspect of the game. To crown all that, players get to earn rewards. One of such reward is the COLONY token.

Players who spend time playing moon karts, win races, use card of higher quality, earn the colony token as rewards. In addition, staking also earns you more colony tokens. So in order to earn more colony tokens in moon karts, a player has to invest time in playing the game, improve skills, win more races, and use more of quality cards, as well as stake. Colony has a maximum supply of 21 billion.

A certain amount of colony are allocated for Moon Karts from the arcade colony ecosystem. Every day, this fixed amount is allocated for the moon karts game. Within the game, this amount is distributed across different aspects as follows: 20% goes to the seasonal pool, 10% goes to the racing itself, 5% goes to the referral pool, 25% goes to the ranking pool, 40% goes to the orbital pool.

The seasonal pool is one of the crucial parts of the Moon Karts economy. Players earn colony from this pool based on how good their performances are and their position in the leaderboard. In this way, players who dedicate time and effort in the game over a period earn rewards. This pattern rewards long term dedication in the game. It encourages players to improve their skillset in the game over time. Every 10 day, a snapshot of the leaderboard is taken. This is important because as mentioned earlier, this pool receives a whopping 20% of colony allocations to Moon Karts. Hence, it makes this pool more desirable.

Colony is also gotten during the race when players pick them up straight from track and win the race with the colony token still in their inventory. The colony has to be in their inventory by the time they finish the race and they have to win the race, otherwise, they don’t get any colony token.

As for the referral pool; this pool, which accounts for 5% of allocations, rewards those who introduce new paying users. The 5% allocation is shared in such a way that it is proportional to the referral point for each referrer. For instance, if there were 50 referrals in a day, and these two person were invited by 50 different players, those players would equally share the 5% colony allocation for that day. It is worthy to note that these referral points are only earned when the player referred spends fiat currency or any other token that is not an arcade colony token.

If you haven’t started playing moon karts already, I implore you to do so and start earning Colony token.

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