What makes Crypto Royale (ROY) a unique play-to-earn token?

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What makes Crypto Royale (ROY) a unique play-to-earn token?

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 What makes Crypto Royale (ROY) a unique play-to-earn token?
Image source: © Arturszczybylo | Megapixl

Highlights

  • Launched in April 2021, the Crypto Royale (ROY) crypto is a web-based free-to-play and free-to-earn game which allows gamers to not only enjoy the game, but also allow compete with each other for fame and glory. 
  • With the growth of a plethora of blockchain-based games, the ROY token allows users to enter the battlefield and the last man standing gets to take a reward in cryptos.
  • The ROY token is ranked 3,499 and was trading at US$0.163929 with a trading volume of US$418,546 over a day.  

Launched in April 2021, the Crypto Royale (ROY) crypto is a web-based free-to-play and free-to-earn game which allows the gamers to not only enjoy the game, but also compete with each other for fame and glory. With zero joining fees or need to download an app, one can get into it as soon as the browser opens the game.

With the growth of plethora of blockchain-based games, the ROY crypto allows users to enter the battlefield and the last man standing gets to take a reward in cryptos. The ROY token has been hitting the trends on 24 January following the 23 January announcement of the Crypto Royale Sunday Tournament, which begins 24 January.

What are the unique features of ROY token?

An HRC-20 token powered by the Harmony ONE network; it allows each player to adopt their own trait while playing the game. The token comes with a max supply of 400 million ROYs out of which approximately 230 million tokens are kept for burning.

The intentional burning is expected to bump the price of the token. The ROY users can stake the token at 73% APY. In June last year, approximately 2 million ROY was received by the community via an airdrop, which helped it to gain more traction.

How is ROY token faring?

The ROY token is ranked 3,499 on CoinMarketCap and was trading at US$0.163929 with a trading volume of US$418,546 over a day. The ROY token needs to be held in a game wallet or the users can store it on Metamask. In order to do transactions such as buying or selling of the token, the users need to set up Metamask and then add the token to its platform.

Viewpoint:

The ROY token will need some more consolidation before it can challenge the likes of other play-to-earn tokens. The Crypto Royale Sunday Tournament should help it to get some momentum and the users will be hoping for more such unique tournaments, which allows them to engage with the token and protocol in a more meaningful manner.

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