What is Alien Worlds?
The Alien Worlds token, Trillium, or TLM is a utility token native to the Alien Worlds. The latter is a free-to-play NFT-based game based on blockchain technologies.
TLM is used to power the Alien Worlds ecosystem. It’s a cross-chain token that comes in the form of ERC-20, BEP-20, and WAX tokens. TLM has more than one use case.
Firstly, it functions as an in-game currency that allows players to buy in-game items, upgrades, and access to missions, among other things.
Secondly, it’s paid out as a crypto reward to active players to incentivize them to keep playing. For instance, mining is one of the core game features. There are 2 types of rewards players receive when mining - TLM or NFTs. Moreover, TLM is necessary to make in-game NFT purchases.
Alien Worlds has a unique staking system where players can stake their TLM on 1 out of 6 planets. Staking Trillium grants players unique bonuses on a selected planet.
Last but not least, TLM serves as a governance token. This means that TLM holders vote on proposals in planetary DAOs - Decentralized Autonomous Organizations also known as Planets. There are 2 core matters that TLM holders vote on - Councilor candidates and the allocation of Trillium that’s provided by the Federation on a daily basis.
It’s important to note that players can run to become a Councilor themselves. There is no limit to the number of planets a player can be a Councilor in.
The Alien Worlds token has an integrated inflationary mechanism. In the first year, the inflation is set to be at 9%, and in the second year, it’s set to be at 7.64%. The inflation rate is set to decrease every single year.
There is a max cap of 10,000,000,000 Alien Worlds tokens. Due to the project's deflationary supply, it's possible that the TLM price will increase as there are fewer TLM available.
Alien Worlds tokens have been allocated as follows:
- 14.60% - Team;
- 14.24% - Ecosystem Grants;
- 13.75% - Seed Sale;
- 13.14% - Alien Worlds Foundation;
- 9.24% - Marketing;
- 6.69% - Pre-Sale;
- 5.84% - Liquidity Provision;
- 5.35% - Advisors;
- 3.89% - Governance;
- 3.50% - External Protocol Development;
- 3.41% - Staking Rewards;
- 2.92% - Binance Launchpool;
- 2.72% - Participation Rewards;
- 0.78% - Security Audits.
There have been a seed sale and a pre-sale during which the project managed to raise 2,513,000 US Dollars.
You can have a more in-depth look at the TLM price history or the current Alien Worlds price on the graph above.
What are the Main Features of Alien Worlds?
Alien Worlds is a GameFi platform that combines Play-2-Earn (P2E) systems with NFT mechanics within a space-themed metaverse. Players take the role of explorers who travel through the planets in search of crypto rewards such as the Alien Worlds tokens or NFTs.
NFTs are an integral part of the Alien Worlds metaverse. There are 6 types of NFTs:
- Avatars - playable characters;
- Weapons - enables explorers to fight against other explorers;
- Tools - assist in the process of mining;
- Land - mineable land pieces on a Planet;
- Minions - allow players to enter the fighting game;
- Missions - these NFTs represent successfully completed missions.
They come in the form of a trading card and its name, attributes, owner, and history is recorded on the blockchain. Most importantly, each NFT is classified into a rarity (Abundant, Common, Rare, Epic, Legendary, and Mythical) and shininess (Stone, Gold, Stardust, Antimatter, and XDimension) type.
NFTs are secured via an InterPlanetary File System (IPFS) which enables the storing and sharing of images in a decentralized manner.
As discussed in the What is Alien Worlds section, Trillium is a cross-chain token. This means that the game is powered by 3 different networks, all of which bring unique functionality to the metaverse. The supported networks are Ethereum, BNB Chain, and WAX. Their primary functions are:
- WAX - this is where the main contract resides. WAS also serves as a transaction layer;
- Ethereum - the storage of the Alien Worlds coin, Trillium, recording balances, and executing transfer functions;
- BNB Chain - grants the players access to in-game missions by enabling the staking process.
In early 2021, the Alien Worlds crypto project was launched on the Binance Launchpool. It was the 19th project deployed on the Binance launchpad.
Who Developed Alien Worlds?
The Alien Worlds crypto project belongs to Dacoco GmbH - a blockchain-based platform located in Zug, Switzerland. Its founding team includes 3 entrepreneurs Michael Yeates, Rob Allen, and Saro McKenna who also co-founded Dacoco GmbH in late 2018. The Alien Worlds platform itself was launched in early 2020.
Saro McKenna went to the University of Oxford and earned a degree in Philosophy, Politics, and Economics. She entered the world of blockchain in 2018 when she joined eosDAC as a member of the core senior team. Besides Dacoco GmbH and Alien Worlds, Saro has also founded the DAC Foundation.
Prior to joining the crypto space, Saro McKenna worked in the finance industry. She currently serves as the CEO at Alien Worlds.
Don't forget to check out the Alien Worlds price and other details in the above section before making any purchase decisions.
