Our New Project: Heroes of NFT
Quintet Capital invested in the Heroes of NFT project at early stages, where players can create their own metaspheres, navigate and interact with the game universe, and earn money by playing on battlefields with Avalanche NFTs.
Heroes of NFT, the first project jointly supported by Avalaunch and Trader Joe, is a card game where strategy is more important than luck. Players will be able to play against opponents in arenas and participate in tournaments.
The Play2Earn system will be implemented with the HRM (Hero Reward Money) token. Spell cards, weapons and cosmetic items in the game will provide your heroes with extra power and customization options. These items will be sold on the marketplace and will allow the game economy to expand. Players will be able to earn HRM tokens by gaining experience points.
$HON Token
The HON token will be positioned as the game’s governance token and will have a total supply of 200 million. HON tokens will be distributed through yield farming and staking NFTs. NFTs can be purchased on the marketplace with the HON token. Since this token is designed as the premium currency of the game, HON holders will be able to participate in special competitions. In addition, land sales in Metasphere will be made with HON.
NFT Cards — Control Your Heroes!
NFT assets will be the highlight of the game. Along with the hero cards, players will be challenged both by the game itself and by other players. NFTs can be owned by players or traded on the marketplace. NFT cards will be sold on the game’s website, Kalao, NFTrade, Yetiswap and TofuNFT.
Metasphere: Phosphenia, Land of the Free
Lands are investment instruments that can be bought or rented in the marketplace. You will have the chance to organize your own tournaments within the ecosystem. In addition, land owners will have the opportunity to rent their HRO cards to other players and obtain HRM.
Metaspheres will not be limited to areas where buildings or businesses are built, as in other projects, but will offer unique benefits to their owners. Metaspheres will be real-world properties and can be built, rented, sold, or even personalized to make them more valuable. Owning NFTs will be a prerequisite for the Metasphere sale.
HON Tokenomics
Designed as the main currency of the Heroes of NFT marketplace, the economic value of the HON token will come from 3 main sources:
- Liquidity farm & NFT-$HON Staking
- Marketplace volume and fees
- New NFT supplies
Heroes of NFT IDO
IDO registrations for Heroes of NFT began on January 28th on Avalaunch. Registration phase will continue until January 30th and the sale will end on February 1st. The trading date of the tokens was determined as February 7. The selling price is set to $0.10 and the initial market cap will be $1,065,000.
Investors participating in IDO will receive 50% of the allocation on February 7, and the remaining 50% will be distributed weekly for 3 months.
Heroes of NFT will also be the first Rocket Joe project. In this way, sudden movements and bot transactions can be prevented at TGE. An organic price formation will be ensured.
When the sale ends on Avalaunch, bids for liquidity will be collected on Rocket Joe. During this phase, tokens will remain locked in Avalaunch. After the bids are collected and a deep liquidity is ensured, the transactions will start at a fair price and tokens can be claimed on Avalaunch.
All in all, these news excite us very much with the Play2Earn mechanism, NFT cards, Metasphere plots and the cooperation of Rocket Joe, Avalaunch. Don’t miss the unique opportunity to become a part of this project and reach out with any questions! Also, follow Quintet Capital to continue hearing about the latest news about the project.
