MyRichFarm - is a cryptocurrency
Have you ever heard of NFT (Non-fungible Token)? Basically, The purpose of NFT is to allow people to prove that they are the owner of the digital asset like CryptoKitties etc. For all these NFTs-owners, there’s a lack of proper DApps platform where users can interact with their tokens. While the Blockchain itself serves as the transaction layer for Cryptos, only some platforms support interaction with NFTs-assets. At MyRichFarm, have built a Real-world simulation game for NFTs-items. Meet new friends while playing games — these are our universal ambitions. With real value and functionality attached to each NFTs in everyday life, our team has created an NFTs ecosystem which consists of attractive gameplay elements, social experiences and integration with mainstream platforms such as Discord, Twitter, Instagram etc.
First, You Need Know MyRichFarm
So, what is MyRichFarm? MyRichFarm is a blockchain-based simulation game, a combination of a collectible NFT game with all the features of social networks and decentralized finance. MyRichFarm is a NFT simulation game, in which players can construct unique modern farms and enjoy fascinating social experiences. MyRichFarm is the first NFT social farming game with the concept of DeFi & SocialFi. In Fun Zone, players may utilize RCH to build one-of-a-kind contemporary farms while also engaging in exciting social interactions.
MyRichFarm is an NFT project that combines fun and investments together. MyRichFarm is a gamified farming simulation game that is filled with a wide variety of different plants and animals (NFTs). In addition to that, it offers various types of mini-games to make it more entertaining for users. Players are rewarded with tokens called RCH as they progress through these games. This token can then be used as a utility token to purchase.
MyRichFarm will adopt innovative gameplay, namely “living farm” and “living farm creatures” which will provide great entertainment while exploring the endless possibilities and potentials of blockchain technology. The ultimate goal of MyRichFarm is to bring users with rich experience and create value for them as much as possible. MyRichFarm aims to build a virtual world based on blockchain technology, with an innovative gameplay of “living farm” and “living farm creatures” which will provide great entertainment while exploring the endless possibilities and potentials of blockchain technology. The ultimate goal of MyRichFarm is to bring users with rich experience and create value for them as much as possible through our platform.
In Long Term, MyRichFarm Have Misision
For example, if someone has enough money to buy 100 units of NFTs, he/she could use this money to design an interesting item or background and sell it to others according to the market price. Then he/she can get some profit from this transaction. In this way, even though you are not a famous artist or designer you still have chances to earn token by your own creation. Also, the more you work hard on your farm, the more tokens you can get and then you can use them as capital to invest in other projects.
Categories NFTs in MyRichFarm
Farm NFTs : The farm is a virtual token supported by blockchain technology (ERC-721 standard), which means that each farm is unique, non-fungible, scarce and irreplaceable. They have random landscapes and components such as a house, a tree, a well attached to them. In MyRichFarm, the farm owners can rent out their farms for other players to produce RCH tokens for them or lease farms from other players to use for their own business and activities. The RCH token will be automatically paid to the farm owners when the farms are rented out.
Avatar NFTs: is the key for unlocking Fun Zone in MyRichFarm. Avatar NFTs will be released in blind boxes, which are available in Store. Players could obtain avatar by drawing tickets (from farm purchase) or trading in the Marketplace (the third-party market would be a proper choice). The original UI in Fun Zone will be replaced by a 3D interface where players can move their Avatars NFTs and communicate with others. The betting gameplays in Fun Zone are designed as 3D “equipment” and players could interact with them when they find the game they prefer.
In this new version of Fun Zone, users will be able to customize their avatars and visit different places, such as casinos, farms, factories and so on. In each place, there are specific challenges for players to take part in. Winning the challenges can get players a variety of rewards, including some special items that only exist in this version of Fun Zone.
$RCH Token Utilities
The RCH token is the native cryptocurrency of the MyRichFarm game, and it is an BSC (BEP20) token. RCH is the governance and staking currency in MyRichFarm, and it will be used for in-game elements as well. As a reward for staking on MyRichFarm you’ll earn yield from internal farming activities, such as token sales or rental deals. This means that if you stake your RCH tokens on MyRichFarm you’ll get more RCH per block compared to someone who didn’t stake their tokens.
In addition to earning yield through staking, holders can also claim their portion of the revenue we generate with every transaction made on our platform. Holders can vote on how much of this revenue should go towards new development initiatives, marketing efforts, liquidity incentives or any other cost incurred by running a blockchain project.
The tokens are allocated as follows
- 80% are generated by NFT farms;
- 5% are for team members and locked for 6 months;
- 5% are used in private sales at a price of $0.01 per token, to raise funds for development and operation;
- 10% are used as a marketing fund, and its purposes include but are not limited to: event rewards, publicity rewards, strategic cooperation, listing cost, etc.;
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