The standard payment stack is rebuilt on the blockchain by Orakler, a decentralized network for financial transactions.
To enable programmable payments and the creation of open financial infrastructure, it uses a basket of fiat-pegged stablecoins that are algorithmically stabilized by its reserve currency, ORKL. Orakler has the finest economy structure among Oracle-Based Play-to-Earn NFT games, according to mathematical proof.
If you’ve ever thought: “Why would you spend money on a game if the winnings could decline? A significant issue now facing NFT games is that they frequently have a relatively short lifespan. The majority of games, with a few notable exceptions, attempt to entice players by releasing frequent updates that typically enhance the prizes, but it is not what we are aiming for when we perform our calculations.
Inspired by the NFT gaming industry to provide a solution to this problem, Orakler is a decentralized platform built on the Binance Smart Chain (BSC) NFT technology. The first game that proposes a steady economy is described as Orakler.
The following technologies can be used to accomplish this:
- The Oracle serves as the foundation of our economy, and by basing in-game incentives and NFT minting on the value of the dollar, we can maintain benefits over the long term.
- Don’t change the incentives. We are committed to never changing the rewards because we recognize that genuine players are those who predict their potential profit and how long it will take them to achieve it before beginning to play.
By doing this, it is easier to create an economy that is both in-game and out-of-game that will be long-lasting.
The official token of Orakler is ORKL, and it will be utilized for all Mint and Burn NFTs as well as prizes for potion manufacturing. The Marketplace will be based on $ORKL to increase the token’s usefulness.
Who are the founders of Orakler (ORKL)?
There is no information on the founders of Orakler, meaning they have chosen to remain anonymous.
What is Orakler (ORKL) used for?
These use cases highlight the potential of Orakler to offer a stable, engaging, and rewarding play-to-earn experience for its users.
- Stable Play-to-Earn Rewards: One of the main use cases of Orakler is to provide a stable play-to-earn environment. With The Oracle determining in-game rewards and minting NFTs based on the value of a dollar, players can expect consistent and predictable rewards. This stability encourages players to actively engage with the game over the long term, knowing that their efforts will be rewarded fairly and not subject to sudden changes.
- Sustainable NFT Marketplace: The Orakler marketplace uses the ORKL token as its native currency. Players can utilize ORKL tokens to provide incentives for creating potions as well as for minting and burning NFTs. As a result, a self-sustaining ecosystem is created, enabling participants to engage in different pursuits, collect rewards, and engage in NFT trading without depending on outside variables. It encourages a gaming economy that is not entirely dependent on events in the outside market.
- Decentralized Governance: With Orakler being built on the Binance Smart Chain, the game incorporates some form of decentralized governance through voting mechanisms. Players can have a say in the game’s development, future updates, and even potential changes to the economy or rules. This allows for community involvement and ensures that decisions are made collectively to maintain the long-term health and sustainability of the game.
- Encouragement for Skill Development: Since the incentives are set and unchanging, players are aware of their earning potential. To maximize their benefits, this encourages people to improve their abilities and their play. It fosters a competitive environment where participants strive for excellence, boosting engagement and retention.
- NFT Minting and Burning: The ability to mint and burn NFTs using the ORKL token provides players with a sense of ownership and value within the game. Players can create unique NFTs based on their in-game achievements or activities, and if desired, they can burn NFTs to receive rewards or benefits. This feature creates scarcity and value for certain NFTs, making them sought-after collectibles within the game’s ecosystem.
- Making and Using Potions: The Orakler potion system is probably a feature that allows players to make and use unique goods or in-game boosts. Players might be able to acquire materials, combine them via a system of potions, and produce special and expensive things that can be applied to quests, utilized in combat, or even exchanged with other players. As a result, exploration and strategic gaming are encouraged, which improves the entire experience.
How is Orakler (ORKL) unique?
Orakler becomes a rich and intensely entertaining play-to-earn game experience because of these special features that add depth, inventiveness, and community-driven components.
- Dynamic Oracle Algorithm: Orakler may use a dynamic oracle algorithm to rebalance in-game prizes on a cyclical basis in response to variables like player activity, market conditions, and the health of the game as a whole. This keeps the game viable and adaptable to changing conditions while still maintaining some level of reward system stability.
- NFT Fusion and Evolution: Orakler might include a feature that lets users combine or develop their current NFTs to make more potent and uncommon variations. Players may give their characters special skills or traits by combining many NFTs, raising the value of their possessions, and expanding the range of gameplay options.
- Player-Owned In-Game Structures: Allow players to purchase and own in-game structures such as houses, shops, or farms that generate passive income in the form of ORKL tokens. Players could customize and upgrade these structures, fostering a sense of ownership and investment in the game’s virtual world.
- Seasonal Events and Challenges: Introduce periodic seasonal events and challenges that bring new content, limited-time rewards, and thematic changes to the game world. These events could be linked to real-world holidays or unique in-game lore, keeping players engaged and excited about what’s coming next.
- Player-Driven Lore Creation: Implement a lore creation tool that allows players to contribute to the game’s overarching story. The most compelling submissions could become official lore, tying players’ experiences and actions to the game’s narrative.
- Real-World Impact Events: Organize special events where a portion of the game’s revenue or player contributions is donated to real-world charitable causes. This initiative showcases the potential of blockchain gaming to make a positive impact beyond the virtual realm.
How many Orakler (ORKL) coins are in circulation?
Out of a maximum supply of 5,000,000.00 ORKL, 0.00 ORKL is currently in circulation.
How is the Orakler (ORKL) network secured?
- Decentralization: Orakler ought to strive to have a highly decentralized network. Since there is no single point of failure, a decentralized network is more resistant to attacks and censorship attempts. More users participating as validators or node operators can help achieve this.
- Orakler is based on the secure and reputable Binance Smart Chain (BSC) blockchain network, which uses cutting-edge technology. Compared to Proof-of-Work (PoW) networks, BSC uses a Proof-of-Stake (PoS) consensus process, which is more energy-efficient and safe against assaults.
- Smart Contract Assessments: The development team should carry out exhaustive security assessments before deploying any smart contracts on the BSC. The code can be examined by outside cybersecurity specialists or auditing companies to find any potential bugs, loopholes, or vulnerabilities. The robustness and security of the smart contracts are ensured by this procedure.
How do I buy Orakler (ORKL)?
The ORKL token can be used for a wide range of purposes, like staking and payments.
Orakler (ORKL) tokens can be easily purchased by following the steps below.
* Open an account with the crypto trading platform of your choice.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy CNS through your trading account by swapping with BTC, ETH, or USDT pairs.
Which Cryptocurrency Wallet Supports Orakler (ORKL)?
The PTPWallet platform supports many cryptocurrencies, with ORKL soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most popular platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform has a simple user interface, is compatible with both Android and iOS devices, and includes a mobile wallet app.
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