Ethermon has announced that they will launch their EMON token through a pre-sale, or initial DEX offering (IDO), on Polkastarter. On May 18th the official public launch of the EMON token will take place, and the price has been set to $0,10 per token.
Gamers who want to buy the EMON token during the pre-sale, will need to be whitelisted. Only 1250 people can be whitelisted. To be eligible, players need to fulfill one of the following requirements:
- Hold 3 different classic of Matic Network Mons (EMONA tokens) in your wallet address. This can include the 100% free mons Snobbit & Hambrisk.
- Hold 8 different Ethereum Network Mons (EMONA) in your wallet, excluding the free starters.
- KYC for the community bucket (May 6th – 15th)
Make sure you also KYC on Polkastarter. There will be a button on Ethermon.io starting from May 6th. Users who also have 250 POLS tokens, basically get a second chance to be selected. You can find more details about the KYC process on the Ethermon blog.
The EMON and Ethermon already have backing from a variety of companies, including Animoca Brands and dozens of venture capital firms. Users who still hold the old EMONT token, will be able to swap this old token for EMON. The total supply of the EMON token is set at 400,000,000 tokens with 30% reserved as gameplay rewards. Yes, Ethermon has play-to-earn mechanics.
The EMON token is the in-game currency for Ethermon, a battle role playing game inspired by Pokémon. In the game players can earn EMON tokens, and then use that to build their team and train their mons.
Ethermon coming to Decentraland
Ethermon got completely revamped since the project relaunched as Ethermon Awakening back in 2019. There’s a lot more content, and the game runs on the Polygon blockchain. Now the turn-based battle role playing game is coming the Decentraland, allowing battles and quests in a 3D environment for the first time ever. Ethermon started as a 2D game in 2017, and in the past four years it has developed into a 3D role playing game with its own play-to-earn economy.
Originally the game is a spin-off from the – then popular – game Etheremon, but the new version of the game supports both the old and newer creatures. At the same time a completely new development team took over. The concept of Ethermon will reminds gamers a lot of Pokémon. In the game players need to capture little monsters. These monsters vary in type, generation, form and individual powers. Players own these little monsters and are free to trade them. They can also use these monsters in battle, in which players can earn all kinds of rewards. For example, they can do quests, compete in ranked tournaments, practice or start the adventure mode.
Earning EMON tokens
Ethermon will introduce the EMON token, an ERC-20 token, to push their play-to-earn economy. As a result the token can exist on both the Ethereum and the Polygon blockchain. There’s a total supply of 400 million EMON tokens. Gamers can use these tokens to access premium content, and rare, limited and unique digital assets and benefits. Think about for example buying Ethermons, asset packs, cosmetics, equipment, upgrading metas, enhancing gameplay, unlock special areas and the list continues. The developers will even add more utility to the ecosystem in the future.
However, spending a token is one thing. How do you earn EMON tokens? In the game players can earn MARKS, this is an in-game currency that’s not on the blockchain. They can use these MARKS to craft NFTs, burning these NFTs earns players EMON tokens. Crafted NFTs can also be sold on the marketplace for EMON or through player-owned stores. In addition players can earn EMON through questing, adventures, completing gym battles, and in-game tournaments.
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a content manager and creator at heart, working on Play to Earn and for a variety of third party magazines and websites.