Learned by 113 usersPublished on 2024.04.01 Last updated on 2024.10.15
Tokens
Introduction to ACE Tokens
ACES (Fusionist) is a type of token and a native asset on the Endurance blockchain. It is primarily used to pay the node fees for processing requests, including gas fees, digital asset purchases (NFT market), and service fees.
Main Features and Use Cases
Endurance Blockchain: Endurance is a sidechain focused on high-performance digital entertainment, built on the verified and fully EVM-supported blockchain infrastructure BAS. It provides high-performance, cost-effective solutions for gaming and social network applications.
Token Uses: ACES is used to pay gas fees, digital asset purchases (NFT market), and service fees, as well as for staking in Endurance validation nodes.
Token Distribution: The total supply of ACES is 147 million, with distribution ratios including the team (15%), early equity investors (2.3%), ecological fund (11.6%), incentive pool (26%), and others.
Use Cases: ACES can be used for trading, staking, and lending as financial means to earn returns.
Note: Investing in tokens carries market risks and price volatility, and investors should consider their investment goals, experience, and risk tolerance.
The Taiwanese token exchange "ACE Exchange" was founded by David Pan.
According to the provided information, the ACE Exchange has received investments from KGI Bank and ACE Digital. However, this information does not mention the investors behind the ACE token (Fusionist game token).
For the Fusionist game token ACE, it was mentioned that Binance Labs conducted a $6.6 million seed round financing for Fusionist in May 2023. Therefore, Binance Labs is a major investor in Fusionist (ACE token).
How ACE Tokens (Fusionist) works:
Basic Information:
Name: Fusionist
Abbreviation: ACE
Total Supply: 146,307,870 ACE
Max Supply: 147,000,000 ACE
Uses:
Transaction Fees: ACE is used for gas fee payments on the Endurance network and for transaction fee payments within the Fusionist multi-platform.
In-Game Purchases: ACE is used for in-game purchases and reward payments.
Staking: ACE can earn rewards through staking, supporting direct staking on the Endurance network, the Fusionist PrimeACE Launchpad, and the Catalist liquid staking protocol.
Platform Governance: ACE participates in platform governance
Staking Methods:
Direct Staking: Direct staking through the Endurance chain.
PrimeACE Launchpad: Staking using Fusionist's PrimeACE Launchpad.
Catalist: Staking through the Catalist liquid staking protocol to obtain bACE liquid staking tokens.
Gaming Applications:
Colonize: Players establish colonies on new planets, managing a thriving civilization by mining resources and building structures.
Conquer: Turn-based PvP and PvE gameplay.
Unite: Exploration-based games where players can form alliances to expand their dominion over more planets.
Purchase Methods:
Exchanges: ACE can be purchased on exchanges such as Binance, Huobi, and Bitget.
In summary, ACE Tokens (Fusionist) are the native tokens of the Endurance ecosystem, primarily used for gaming and social applications, earning rewards and returns through staking and trading.