Magical Blocks ($BLKs)
Magical Blocks ($BLKs) are eight different colored ERC20 utility tokens on the Polygon blockchain. The 8 tokens are as follows:
Color
Symbol
Attribute
Red
$RDBLK
Attack
Yellow
$YLBLK
Speed
Blue
$BLBLK
Shield
Green
$GNBLK
HP
White
$WTBLK
Healing
Orange
$ORBLK
FUD
Black
$BKBLK
Summoning
Gold
$GDBLK
Minting
The lands of Bezogia revolve around the Magical Blocks, with each color representing a different attribute, they are deeply rooted into every aspect of the game and are the primary in-game currency, pegged to the $BEZOGE native token.
Inflationary Aspect
Magical Blocks are an inflationary ERC20 token on the Polygon blockchain with several balancing mechanisms in place to incentivize and combat volatility.
The only way to collect new $BLKs is by killing enemies in Legends of Bezogia. When an enemy is killed, it will break down into a selection of blocks based on it's body color. For example, if the enemy was 50% black and 50% green, when killed, it could break down into 5 BKBLK and 5 GNBLK that can be collected by the player.
The more active players in the game, the more enemies will be spawned, meaning the inflationary aspect of the tokens are linked linearly to the number of active players of the game. The more players online, the more enemies spawned, the more BLKs minted.
In order to decrease the likelihood of hyperinflation, the amount of new tokens minted each day are based on an algorithm which factors in the total amount of tokens burnt from summoning Bezogi and minting in-game items. Meaning the more $BLKs burnt on a daily basis, the more $BLKs will be available to earn in-game.
Deflationary Aspect
Several game mechanics such as Minting, Summoning and many more are paid for using $BLKs. When $BLKs are used as a method of payment, they are burnt and the total supply of the token is decreased.
Every aspect of the game is designed in order to encourage the spending of $BLKs. Seen as there is no way to directly level up your Bezogi by playing the game, the only way to strengthen your character is to mint NFT weapons.
Also, as the active player base of Legends of Bezogia increases, more Bezogi will be needed for new players to play, the only way to increase the supply of Bezogis is to burn $BLKs to summon more.
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