Tokenomics

All Fortune Heroes games will use a unified economic model, like other IDV Studios games, uses an innovative quad-currency model in which the governing currency is $IDVT (IDVT holders participate directly in the governance of the community of all games developed by the studio) and the in-game currency is divided into the following three types, depending on their function:

l CHIPS ($CHIPS): Top up with Fiat

l LUCKY COIN ($LUCKYCOIN): In-game currency

l Fortune Heroes Coin ($FHC): Game rewards

$CHIPS and $LUCKYCOIN were introduced to meet the needs of traditional gamers in terms of consumption habits and gaming experience. This mechanic is the same model in other Fortune Heroes games outside of Monopoly, and the FHC is circulated in different games in the series.

$CHIPS

$CHIPS is representative of the purchasing power of fiat currency, which users must top up to obtain (fiat currency or mainstream stablecoin). This currency is not on the chain, does not participate in circulation, and has a stable price (discounts may be applied during certain operational events).

The revenue from $CHIPS purchased by users will be divided into several parts, partly for buyback and partly for the team's expenses and the distribution platform (mainly ongoing R&D expenses and advertising expenses). Please read the subsequent sections for the specific buyback rules.

$LUCKYCOIN

$LUCKYCOIN is another in-game currency, which is also not on the chain and does not participate in circulation. $CHIPS can be exchanged for $LUCKYCOIN at a certain rate. $LUCKYCOIN is the main currency in circulation within the game.

Usage:

1 Game rewards, i.e., users can get it for free in the game

2. To draw or upgrade common heroes(non NFT Heroes, which will be described in detail in subsequent chapters)

3. To draw hero skill cards (including common heroes and meta heroes, more on this in following chapters)

4. To acquire and upgrade dice

$LUCKYCOIN is the main currency in the game's economy and cannot be exchanged for $CHIPS.

$FHC（Fortune Heroes Coin）

$FHC is a fungible token for P2E scenarios, including the purchase of meta heroes (NFT), meta heroes upgrades, and breakthroughs, as well as a reward currency for meta heroes. $FHC is circulable and tradable. The total number of $FHC is 10 billion. $FHC does not participate in funding. It is a play-reward token that can only be earned by players who play the game. $FHC has a complete output and recovery economic model to ensure a balance between production and consumption in the long term and is not only game currency for all Fortune Heroes games but also a circulating token for a series of other subsequent games (which means more applications). Ideaverse will initially mint 100 million $FHC tokens and create $FHC-BNB trading pairs on DEX to provide liquidity.

$FHC Production Mechanism

$FHC can only be produced in-game and is not available for sale. Players can earn $FHC by participating in competitions and tournaments within Fortune Heroes game series. Those who purchased the Land NFT will receive $FHC whenever the arena on their land gets used etc. The details of the bonus mechanics will be explained in subsequent sections.

Major Functions of $FHC

Purchase Fortune Heroes NFT Blind Boxes.

Purchase Fortune Heroes NFT on Metora marketplace

Upgrade NFT ( please refer to the NFT upgrade in this article)

Merge NFTs (see NFT Merge in this article for details)

Pay for arena use

Rent NFTs held by other players

Pledge as application fees for certain in-game events, e.g., Metora Cup

$FHC Burning Mechanism

80% of all $FHC revenue will be burnt to ensure a stable circulation of tokens on the market.