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A Deep Dive Into Bounty Temple and $TYT Token

by LCX Team
February 16, 2024

LCX is pleased to announce our next launchpad project, Bounty Temple. In recent years, Play-to-Earn (P2E) blockchain games have represented a paradigm shift in the way games are enjoyed by players. In P2E games, players can obtain potentially valuable NFT assets and tokens where they can be traded or sold for profit.

However, there is much room for improvement in the P2E ecosystem. Incentives such as staking, and airdrops are amazing at attracting new users, but without a revenue model that is greater than the incentives, the coin price will eventually crash due to oversupply. This is why many P2E games are short-lived, with unsustainable tokenomics that depreciate over time. 

Bounty Temple’s solution: To build a game that is inherently engaging to play and has intrinsic value.

It is a revolutionary blockchain game built on the Polygon (MATIC) network and features the P2EE model. It will be playable on web browsers upon launch, with iOS and Android compatibility to be enabled further down the development process.

Players need to own a Bounty Temple Monument (BTM) NFT to play with or against other players. The slot machine-styled BTMs are designed to be easy to pick up, fun to play, and suitable for all ages.

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Their official token is $TYT, which is the Governance Token for Bounty Temple. The total amount of “TYT” is finite, with only a maximum of 48M that can be minted from the Treasury.

$TYT Utilities

  1. Crafting

$TYT is used in crafting BTMs, which are required to play Bounty Temple.

  1. Staking

Put your $TYT to good use by staking them, thus compounding your earnings using the proof-of-stake model.

  1. Trading

$TYT is also the currency used for trading, both in-game and on the open market.

  1. Voting

When governance is introduced, $TYT will allow users to vote on future developments of Bounty Temple, thus providing $TYT owners equity in the project.

Learn more about Bounty Temple and $TYT Token- https://bountytemple.com/ 

20240216--A-Deep-Dive-Into-Bounty-Temple-and-$TYT-Token
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