Previously Town Coin was just a Town Star in-game currency that players could use to buy, sell, and trade items. However, with the upcoming Season 2 Play-2-Earn Crypto Game of Town Star there are ways for players to earn more Town Coins outside of the game by participating in marketing campaigns, bounties, raffles, giveaways, and competitions – These are put on 3rd party affiliations like the “Suggest an NFT Town Star Contest” that was put on by VersaGames.
Town Coin will play a big part in the upcoming Play-2-Earn Crypto Gaming season which is scheduled to begin around the end of Q1 or possibly the start of Q2 and run through September 2022*. The idea of Play-2-Earn is to allow players to earn Town Coins for playing Town Star and engaging with games by completing Daily Achievements and Weekly Challenges.
How Town Coin Can Be Utilized in Season 2
With the upcoming Season 2 of Town Star, Gala Games have big plans for how they will utilize Town Coin. Again, folks, these are speculation and suggestions that we heard the community put forth.
Staking/HODLing Town Coin: Town Coins are locked into the Town Star Game meaning that they cannot be traded or sold on exchanges until after the end of Town Star Season 2. They would earn a % for the number of coins staked during the length of the season.
Town Power: Possibly a new Power Level that will replace Gala Power Level. Town Power would be implemented to replace Gala Power (which is across all Gala Games) that allows you to earn X amount of Town Coin from the NFTs you place. This goes as new games come into Gala Games, which has nothing to do with Town Star it would not affect people purchasing the Gala Coin.
Example: You are Gala Power Level 10 and Town Coin Power Level 10. You have 10 NFTs that earn 100 Town Coin. You would be able to place down these 10 NFTs that each earned 100 Town Coin to earn 1000 Town Coin.
Gala Power Level Referrals: Possibly coming back to refer new players to the Gala Eco System that will earn Gala Token. Hopefully they’ll be retrospecting every invite and referral we’ve all made since this is on the Blockchain!
There are also new opportunities for Town Coin holders to cash in on their holdings by being able to spend their Town Coins in the game itself. Imagine if you bought plenty of Town Coin during the Alpha Days and were able to use them in-game for bonuses, discounts, or even paid content. The value would skyrocket as Town Coin holders no longer have to deal with volatility or lose money due to markets. Instead, they can use their earnings in the game itself without worrying about the prices changing.
Another potential for Town Coin is that it will be used to purchase/swap with Gala tokens, which themselves are worth money. This also means that players won’t have to cash out their Town Coins if they don’t want to, only if they would like to diversify into other cryptocurrencies.
Lastly, the Town Star game will continue to grow as they continue to advertise and market to new players as well as keep old players coming back for more. Town Coin’s value will see great returns as Town Star continues to grow into a popular, mainstream social gaming option that can be enjoyed by all sorts of different people.
The Future of Town Coin
Finally, there are plans for Gala Games to offer premium services in the future, but they will be paid for with Town Coins. Imagine being able to buy exclusive items that no one else could ever get, or purchasing a special mount maybe in Mirandus only available through Town Coin. This type of interoperability between games would allow players to enjoy some cool aspects of Mirandus without costing them any real money, which is very important as it becomes mainstream and gets more casual players and they drift between Gala Games Ecosystem*.
There are also plans for partnerships with other companies to provide more options for Town Coin holders, but that information is top secret at the moment as Gala Games works on securing these major deals that will have a great effect on how Town Coin is monetized in the future.
Plan to earn more Town Coin from your NFTs? You’ll need to HODL those Town Coin in order to be able to earn more / play enough NFTs to earn. It’s also going to be increasingly difficult for higher Town Power Levels to earn/complete their Daily Achievements and Weekly Challenges.
With all of this being said it’s very clear that Gala Games is in it for the long haul with Town Coin. Hiring a team of 3 actuaries and economists to help turn Town Coin around, the future looks bright as Gala Games aims to continue supporting their flagship game that has become so popular in such a short amount of time. If you’re interested in learning more Town Star is an upcoming social gaming platform built on the Ethereum network that allows players to earn crypto coins, Town Coin being the first of these coins, for playing Town Star and engaging with games, social media sites, and other Town Coin partners.
*This is speculation and not 100% Official yet from Gala Games.
Town Coin Today
The live Town Star price today is $0.116453 USD with a 24-hour trading volume of $576,227 USD. Town Star is down 12.77% in the last 24 hours. The current CoinMarketCap ranking is #3375, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy Town Star, the top cryptocurrency exchanges for trading in Town Star stock are currently OKX, TOKENCAN, Bitrue, Uniswap (V3), and Jubi. You can find others listed on our crypto exchanges page.
Town Coin is the fair launch token behind Town Star.
Town Star is a competitive farming game from one of the co-founders of Zynga, the company behind Farmville. Each week, the top players on the leaderboard win big prizes, and every day, players complete challenges to unlock and collect TownCoin play-to-earn rewards! The goal is to grow, gather and craft your way to building the most efficient and productive town imaginable. Will you be a Town Star?
Town Star is the flagship game of Gala Games, built on Gala’s decentralized network and utilizing the Ethereum blockchain. Player-owned NFTs offering in-game advantages can be purchased and traded on secondary markets!
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