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Cryptocurrency News Articles
Onchain Heroes Unveils $HERO Tokenomics and Genesis Heroes NFT Sale Details
Feb 20, 2025 at 07:08 pm
Onchain Heroes, an Ethereum-based idle role-playing game (RPG) launching later this month, has unveiled comprehensive details about its in-game cryptocurrency, $HERO, and the phased rollout of its Genesis Heroes NFT collection.
Onchain Heroes, an upcoming Ethereum-based idle role-playing game (RPG), has revealed details about its in-game cryptocurrency, $HERO, and the phased rollout of its Genesis Heroes NFT collection.
Set to launch later this month, the game is built on Abstract Chain (an Ethereum Layer-2 network), and will require players to own one of 10,000 limited-edition NFTs to participate. The cryptocurrency will serve as the backbone of the game's in-game economy.
The $HERO Token: Utility, Supply, and Distribution
Designed exclusively for use within the Onchain Heroes ecosystem, $HERO is an ERC-20 utility token deployed on the Abstract Chain. Players can earn the token in-game by completing missions, daily challenges, and achieving various milestones. It functions as the primary currency for character upgrades, cosmetic purchases, and unlocking special features.
Token Supply and Allocation
Launching with a fixed supply of 1 billion (1,000,000,000) $HERO, the developers note that deflationary mechanics will gradually reduce circulation over time. The initial allocation breakdown is as follows:
Availability and Risks
The $HERO token will not be available until the game's official launch on February 19, 2025. The developers have repeatedly warned about third-party scams, and emphasized that $HERO is not an investment product and holds no value outside the game.
“Players should only engage with $HERO through verified in-game actions,” said project lead Alex Carter in a press statement. “We've structured this as a utility-first token to avoid speculation.”
A document called the Heropaper, set to be released on February 10, will provide detailed insights into $HERO's deflationary mechanics, earning strategies, and long-term sustainability.
Genesis Heroes NFT Mint: Access, Pricing, and Phases
The Genesis Heroes NFT collection comprises 10,000 unique digital characters minted on the Abstract Chain. Owning one is mandatory to access Onchain Heroes, making it a key entry requirement. Each NFT doubles as a playable character with distinct traits, although the developers have not yet disclosed how these traits will impact gameplay.
Mint Schedule and Pricing
The NFTs will be sold in four phases, starting February 19, priced at 0.069 ETH (~$250 at current market rates):
Phase 1: Ringbearer Phase One (February 19, 10:00 AM ET)
Phase 2: Herolist Phase (February 20, 10:00 AM ET)
Phase 3: Ringbearer Phase Two (February 20, 12:00 PM ET)
Phase 4: Public Phase (February 20, 1:00 PM ET)
Immediate Gameplay Access
Unlike many blockchain games that delay their launches post-mint, Onchain Heroes will allow players to start gameplay immediately after acquiring a Genesis Hero NFT.
This instant accessibility eliminates waiting times and allows new NFT holders to dive into the game from day one.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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