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Token holders rejoice! Eutaria comes up with a passive income plan for token holders

Published On 11 Dec 2021 12:22 PM


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The world of sports and games has fascinated the human race for centuries. Starting with the Olympics, which began in 1896 in Athens, sports and games have emerged as an inevitable part of human life. Towards the end of the 20th century, the adaption of games to the digital sphere gained traction, especially with the advancements in electronics manufacturing, which allowed the use of personal computers and gaming devices for digital gaming. Digital gaming had numerous advantages as opposed to physical games, as they were more accessible and flexible. Furthermore, unlike stamina requirements in physical games, digital games could be played by anyone. A major breakthrough in digital gaming was the incorporation of internet-based gaming that allowed individuals to compete with each other regardless of their location and time zones. Studies show that gamers between the ages of 26 and 35 devoted around 8 hours per week for online gaming in 2019, which is an increase of 25% as opposed to the statistics in 2018. Online gaming is also gaining momentum in the professional sphere, and around 36% of the gamers reported that they would quit their job if they could sustain their family through professional gaming. Hence, gaming tournaments for both professionals and hobby gamers are on the rise, and they are seeing an increase in adoption in regions such as the Asia Pacific and North America.

This is where Eutaria, a off-chain play-to-earn (P2E) cryptocurrency-based company, has made a formidable decision that could revolutionize the world of online gaming. The company is planning to provide passive income to the token holders, which would enable them to earn a currency, which is similar to the U.S. dollar. The move would ensure that the gamers receive substantial rewards, without any gas fees. The earnings or currencies are built on the Binance Smart Chain (BSC), and can be converted to the native token of Binance, which is the Binance Coin (BNB). Eutaria will be introducing their own token, called the Eutaria token (EUT), along with an in-game currency system, referred to as the Pleasure Potion (PP). The in-game currency, PP, can be converted to the US $, with 1 PP corresponding to US$ 1. The purchase of PP can be done at the Eutaria in-game store using BNB. Eutaria also has a balanced rewarding structure, which makes it highly transparent and fair to the token holders. Off-chain transactions are also encouraged by the company, and the players need not worry about the gas fees.

A play to earn game, Eutarise, has been developed as a brain exercise, and the gamers will need to match a Eutarian, which can be obtained using transfer of PP, or the breeding of Eutarians that are compatible. There will be seven time questions, along with a partner. The matching partner can be exchanged three times during a day at no extra cost. However, if the stipulated time is exceeded, then a fee of 0.1 PP is levied on the players. The games come at three modes, hard, normal and easy. The earnings will depend on the mode chosen.

The move is expected to gain more users to Eutaria's platform, and will help in generating additional sources of revenue for the players.

To know more about the game, visit https://eutaria.com/app/connect


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Press Release Provided By: Industry Global News24